Listing provided courtesy of Compass - Boulderas Distributed by MLSGrid- MLS# IR1053920MLS Provider

321 Graceland GroveColorado Springs, CO 80904

Single Family · 8 Beds · 3,352 Sq. ft. | 0.15 Acres
$1,000,000 Active

321 Graceland Grove Overview

Time on Site:
105 days
Visits:
1

A ONCE IN A LIFETIME PROPERTY! 8 Beds and 5 Baths total in this custom PUD. Located close to everything in OCC with Pikes Peak Views! 321 Graceland is the main home which has a floorplan that works as an SFR or duplex with no modification. Possible live/ rent or multi-generational living. 325 Graceland is a spacious garage with a 2B 1B living space above. This unique property has three legal dwellings on one lot! Professional Architect designed, built, owned & impeccably maintained since 2006. Currently a top rated STR. Home is over engineered with 25 helical piers under the foundation of the main house and 14 piers under the garage. This is an extraordinary investment opportunity offering 3 new & permitted living units with full kitchens, including laundries, on an expansive & versatile property. Unit 1 features 2 bedrooms, a full kitchen, a cozy living room, a wood-burning fireplace, real oak flooring, a modern bathroom with a large shower, a laundry, & access to a private yard with a large garden. Unit 2, with tile flooring, 2 bedrooms, a living room, a full kitchen with a large peninsula for bar top dining, & a laundry area. Unit 3 is a showstopper! The main floor, with real oak flooring, includes a full kitchen (2 sinks), a dining area, & a 3/4 bathroom. Upstairs you'll find 3 bedrooms, 2 composite decks, a great room with mountain views, a laundry room, & an impressive primary suite with a large walk-in closet, a nursery or office space, and a luxurious 4-piece in-suite bathroom. Outside, enjoy a large courtyard & composite deck for outdoor entertaining, an oversized fully finished & insulated 3 door yet 2-car garage with a wood-burning stove, & 5 additional parking areas. Every inch of this landscaped property has been thoughtfully upgraded with high-end finishes, expanding foam insulation, modern kitchens & bathrooms, & updated fixtures - all blending contemporary style with comfort.

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321 Graceland Grove Facts & Features

  • Type Single Family
  • Sq. ft. 3,352
  • Price/Sq.ft. $298
  • Lot 0.15 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Colorado Springs 11
  • Elementary School: Other
  • Middle Or Junior School: Other
  • High School: Other

Listing Information

  • Concessions: No

Building Information

  • Year Built: 2006

Location/Region

  • Country: US
  • County Or Parish: El Paso
  • Subdivision Name: Gillette Sub

Tax Information

  • Tax Annual Amount: 2877
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional,VA Loan
  • Ownership: Individual
  • Parcel Number: 74123-11-110
  • Possible Use: Multi-Family,Residential
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: R-2 UV

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 5
  • Bedrooms Total: 8

Building Interior

  • Above Grade Finished Area: 3352
  • Below Grade Finished Area: 0
  • Building Area Source: Assessor
  • Building Area Total: 3352

General Information

  • Appliances: Dishwasher,Disposal,Dryer,Oven,Refrigerator,Washer
  • Cooling: Central Air
  • Fireplace Features: Free Standing
  • Flooring: Wood
  • Heating: Forced Air,Radiant,Wood Stove
  • Interior Features: Eat-in Kitchen,Open Floorplan,Walk-In Closet(s),Wet Bar
  • Levels: Two
  • Living Area: 3352
  • Main Level Bathrooms: 0
  • Main Level Bedrooms: 0
  • Other Equipment: Satellite Dish
  • Window Features: Double Pane Windows,Window Coverings

Exterior

Parking Information

  • Parking Total: 2

Lot Information

  • Lot Features: Corner Lot,Cul-De-Sac,Level
  • Lot Size Acres: 0.15
  • Lot Size Square Feet: 6384
  • Road Surface Type: Paved
  • Vegetation: Grassed,Wooded
  • Water Source: Public

Waterfront/View

  • View: City,Mountain(s)

Building Exterior/Construction

  • Construction Materials: Stucco,Frame
  • Direction Faces: South
  • Roof: Composition
  • Structure Type: House

General Information

  • Road Frontage Type: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available

Room Information

Room: Dining Room

  • Level: Lower
  • Description: Hardwood

Room: Family Room

  • Level: Lower
  • Length: 12
  • Width: 20

Room: Kitchen

  • Level: Lower
  • Length: 13
  • Width: 17
  • Description: Hardwood

Room: Living Room

  • Level: Lower
  • Length: 15
  • Width: 12
  • Description: Hardwood

Room: Bathroom Full

  • Level: Upper
  • Features: Primary Suite

Room: Bedroom

  • Level: Upper
  • Length: 14
  • Width: 15
  • Description: Hardwood
  • Features: Primary Suite

Room: Great Room

  • Level: Upper
  • Length: 15
  • Width: 12
  • Description: Hardwood

321 Graceland Grove Neighborhood

Community

80904 (COLORADO SPRINGS) Demographics

47
Median Age
2,176
Population Density (per sq. mile)
52%
College Educated
$57,374
Estimated Median Income
6,298
Estimated Total Home Owners
4,070
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

321 Graceland Grove Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

321 Graceland Grove Market Data

Based on the last 30 days in this zip code

$575,115
Average List Price
$304
Average Price per Square Foot
20
Properties Sold
77
Average Days on Market
219
Properties for Sale
Calculations provided by Reliance Network

321 Graceland Grove History

Date Event Value Agent
4/27/2026Source: REColorado MLS Price Reduction
$1,000,000 -9.1%
4/11/2026Source: REColorado MLS Price Reduction
$1,100,000 -4.3%
3/28/2026Source: REColorado MLS Price Reduction
$1,150,000 -4.2%
3/16/2026Source: REColorado MLS Added to Database
March 16, 2026