321 Graceland GRV Active Save Request In-Person Tour Request Virtual Tour
Colorado Springs,CO 80904
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,352 sqft
Price per Sqft $298
MLS Listing ID 1503871
Style 2 Story
Bedrooms 8
Full Baths 2
Three Quarter Bath 3
Construction Status Existing Home
HOA Y/N No
Year Built 2006
Annual Tax Amount $2,876
Tax Year 2024
Lot Size 6,534 Sqft
Property Sub-Type Single Family
Property Description
Discover 3 newly built, fully permitted living units—each with its own kitchen & laundry—on one expansive, versatile property designated as a Single Family Residence. Perfect for multi-generational living, steady rental income, an allowed STR with license, or a combination of all.
Unit One features 2 bedrooms, a full kitchen, laundry, a cozy living room with a wood-burning fireplace, true oak flooring, and a modern bathroom with a spacious shower. Outside, enjoy a private yard with a generous garden—ideal for owners, tenants, guests, or extended family.
Unit Two offers all-tile flooring, 2 bedrooms, one full bath, a comfortable family room, a full kitchen with a large peninsula for bar seating, and its own laundry. The layout works beautifully for long-term rentals, short-term rentals (Airbnb or VRBO), or visiting friends and family.
Unit Three, or the main house, is the showpiece. The main level includes oak floors, a full kitchen with dual sinks, a dining area, and a ¾ bath. Upstairs, you'll find 4 bedrooms, 2 composite decks, a family room with mountain views, and a laundry room. The primary suite impresses with a large walk-in closet, attached nursery or office, and a luxurious 4-piece ensuite bath.
Outdoor living shines with a spacious courtyard, a tree covered composite deck for entertaining, and an oversized, fully finished, and insulated 3-door (2-car) garage with a wood-burning stove & heated kitchenette -plus 5 extra parking spaces for guests or tenants.
Every detail has been thoughtfully upgraded including high-end finishes, modern kitchens & baths, expanding foam insulation, and updated fixtures, all blending style with comfort.
Whether you choose to live in one unit and rent the others, or lease all three for maximum income potential, this Architect-owned property offers unmatched versatility, security cameras for peace of mind, and exceptional value in a single-family setting.
Location
State CO
County El Paso
Area Gillette
Interior
Cooling Central Air
Flooring Ceramic Tile,Tile,Wood,Luxury Vinyl
Fireplaces Number 1
Fireplaces Type Main Level,One,Wood Burning,Wood Burning Stove
Appliance 220v in Kitchen,Dishwasher,Dryer,Gas in Kitchen,Microwave Oven,Oven,Range,Refrigerator,Self Cleaning Oven,Washer
Laundry Electric Hook-up,Main,Upper
Exterior
Parking Features Detached
Garage Spaces 2.0
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected
Roof Type Composite Shingle
Building
Lot Description Corner,Mountain View,View of Pikes Peak
Foundation Crawl Space
Water Municipal
Level or Stories 2 Story
Structure Type Framed on Lot,Frame
Construction Status Existing Home
Schools
Middle Schools West
High Schools Coronado
School District Colorado Springs 11
Others
Miscellaneous Breakfast Bar,Kitchen Pantry
Special Listing Condition Not Applicable
Virtual Tour https://gold-peak-films.aryeo.com/videos/0196d4ca-6423-7372-8ead-457d39c1cff3