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For Sale

321 S Graceland Grove

321 S Graceland Grove, Colorado Springs, CO 80904

$1,400,000
Welcome to an extraordinary investment opportunity offering three beautifully updated living units on one expansive and versatile property--perfect for multi-generational living, house hacking, or maximizing rental income.

Unit One features 2 bedrooms, a full kitchen, a cozy living room with a wood-burning fireplace, Oak hardwood flooring, a modern bathroom with a large shower, in-unit laundry, and access to a private yard--ideal for tenants or personal use.

Unit Two, with Porcelain tile flooring, offers 2 spacious bedrooms, a large family room, a full kitchen with a stylish peninsula bar top for dining, and laundry area--an ideal layout for long-term rental or guest accommodations.

Unit Three is a showstopper. The main floor, with Oak Harwood flooring, includes a full kitchen, dining area, and a bathroom with shower. Upstairs, which has porcelain tile, you'll find three guest bedrooms, two balconies, a grand family room with breathtaking mountain views, laundry room, and an impressive primary suite with a walk-in closet, a private nursery or office space, and a luxurious 4-piece ensuite bathroom.

Outside, enjoy a large courtyard perfect for outdoor entertaining, an oversized fully finished 2-car garage with wood-burning stove, and three additional parking areas for ample guest or tenant convenience.

Every inch of this property has been thoughtfully upgraded with high-end finishes, including porcelain tile flooring throughout, modern kitchens and bathrooms, and updated fixtures--all blending contemporary style with comfort.

With the ability to live in one unit and rent the others, or lease all three for maximum income potential, this is a rare and lucrative opportunity. Whether you're an investor or a homeowner looking for versatility and value, this property checks all the boxes.

8
beds

5
baths

3,352 Sq.Ft. LIVING AREA

6,534 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms5
  • Fireplace Wood Burning

Area & Lot

  • Status For Sale
  • Living Area3,352 Sq.Ft.
  • Lot Area6,534 Sq.Ft.
  • MLS® ID1503871
  • TypeResidential
  • YEAR BUILT2006
  • Architecture Styles2 Story
  • View DescriptionMountain(s)
  • School DistrictColorado Springs 11

Exterior

  • STORIES2
  • Garage Space2.0
  • roofShingle
  • lot featuresCorner Lot
  • parkingDetached
  • HEAT TYPEForced Air
  • AIR CONDITIONINGCentral Air

Financial

  • Sales Price$1,400,000
  • Real Estate Tax $2,877/yr
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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 321 S Graceland Grove, Colorado Springs, CO 80904. We are reviewing your request and will be in touch shortly!

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