324 Terrace Place Manitou Springs, CO $ 615,000
324 Terrace Place
$ 615,000
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324 Terrace Place

Manitou Springs, CO, 80829
$ 615,000
Bedrooms4 Baths2.0 Sq 1,820

Monthly Estimate*

$ 3,787

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Single Family Home for sale in Manitou Springs, CO

for $615,000 with 4 bedrooms and 2 full baths. This 1,820 square foot home was built in 1963 on a lot size of 0.1932.

Embrace the quintessential Colorado lifestyle in this Manitou Springs retreat, where sweeping views of Garden of the Gods await you from your private balcony. Perfectly positioned for both tranquility and convenience, this home sits just 3 minutes from the vibrant shops and dining of downtown Manitou, and a quick 10-minute drive to downtown Colorado Springs. Wildlife is a natural part of the daily experience here, with deer frequently visiting the property and surrounding open space. The main level offers a bright, open-concept floor plan designed to maximize light and views. The living room flows seamlessly into a efficient kitchen featuring stunning granite countertops and a door that opens directly to the upper balcony, the ultimate spot for your morning coffee. This level features two spacious, sun-filled bedrooms and a beautifully finished 3/4 bathroom with dedicated laundry facilities. The walkout basement level is an absolute goldmine. Currently operating as a highly profitable short-term rental, this space features a large family room, two additional bedrooms, a second 3/4 bathroom, its own full kitchen, and separate laundry area. There are mini splits for heating and cooling in the living rooms of each level. The rooms have small wall heaters. Step outside to a private lower patio within the fenced-off yard space, and a relaxing hot tub. The City of Manitou has confirmed in writing that the short-term rental permit is easily transferable to the new owner if applied for shortly after closing! Parking is exceptionally flexible to accommodate guests or tenants: the upper level utilizes a convenient front carport, while separate off-street parking spaces at the back of the property can be dedicated to the lower level. Cute, charming, and packed with financial potential, this unique property is ready to be yours.

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Single Family Active

Price

$ 615,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 2,190

Style

Ranch

Lot Size

0.1932

Year Built

1963

Town/City

Manitou Springs

County/Region

El Paso

MLS | Web ID

2536115

Features
General
Utilities Cable Available Electricity Connected Natural Gas Connected
Roof Metal
Appliances Cook Top Dishwasher Disposal Dryer Microwave Oven Range Refrigerator Self Cleaning Oven Washer
Water Municipal
Assoc Fees 0.00
Number of Garage Spaces 0
School District Manitou Springs-14
Construction Status Existing Home
Property Type Residential
Yearly Taxes 2190.05
Tax Year 2024
Status Active
Sub Type Single Family
Covenants Y/N 0
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Exterior
Siding Alum/Vinyl/Steel
Garage Type Carport
Structure Frame
Lot Size 8417.0000
Foundation Full Basement
Lot Description Mountain View Trees/Woods View of Rock Formations
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Interior
Full Baths 0
Floor Plan Ranch
Half Baths 0
Three Quarter Bath 2
Laundry Facility Basement Main
Fireplace None
Total Baths 2
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* Excluded Features
List By
Redfin Corporation

Broker

jessica.pero@redfin.com

Email

Affordability Calculator

$3,969
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,787
Monthly Property Taxes
$183
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3074847 Elementary School
3074843 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/1/2026$615,000 Listed Price

Map


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324 Terrace Place, Manitou Springs, CO, 80829 is a Single Family Home for sale at $615,000 with 1,820 sqft and a lot size of 0.1932. 324 Terrace Place has 4 bedrooms, 2.0 baths, and was built in 1963. The property's zip code is 80829 which is in Manitou Springs, CO