321 Graceland Grove Colorado Springs, CO 80904
Westside NeighborhoodEstimated payment $5,505/month
Highlights
- Views of Pikes Peak
- Wood Flooring
- Corner Lot
- Deck
- Main Floor Bedroom
- 2 Car Detached Garage
About This Home
Discover three newer, fully permitted living units—each with its own kitchen and laundry—on one versatile property designated as a Single Family Residence. Ideal for multi-generational living, rental income, or an approved STR. Unit One has 2 bedrooms, a full kitchen, laundry, a living room with a wood-burning fireplace, oak flooring, a remodeled bathroom, and a private fenced garden area. Unit Two offers all-tile flooring, 2 bedrooms, 1 full bath, a family room, full kitchen with bar seating, and its own laundry—perfect for long-term tenants or short-term stays. Unit Three (the main house) features oak floors, a full kitchen with dual sinks, dining area, and a 3⁄4 bath on the main level. Upstairs are 4 bedrooms, a family room with mountain views, 2 composite decks, laundry room, and a primary suite with walk-in closet and attached nursery/office plus a 4-piece bath. The main house can also be rented as one complete unit, Most furnishings in the main house, and select items in the garage unit, may remain to provide a turn-key rental option. Outdoor living includes a courtyard, tree-shaded composite deck, and an oversized fully finished and insulated 3-door (2-car) garage with a wood-burning stove and kitchenette, plus ample off-street parking. Thoughtfully improved with modern kitchens and baths, upgraded insulation, and quality finishes, this architect-owned property offers flexible use, strong income potential, and peace of mind with security cameras, all within a single-family setting.
Listing Agent
RE/MAX Real Estate Group LLC Brokerage Phone: 719-534-7900 Listed on: 05/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,877
Year Built
- Built in 2006
Lot Details
- 6,534 Sq Ft Lot
- Corner Lot
Parking
- 2 Car Detached Garage
Property Views
- Pikes Peak
- Mountain
Home Design
- Shingle Roof
- Wood Siding
- Masonite
- Stucco
Interior Spaces
- 3,352 Sq Ft Home
- 2-Story Property
- Fireplace
- Crawl Space
Kitchen
- Self-Cleaning Oven
- Plumbed For Gas In Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Main Floor Bedroom
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- Deck
- Concrete Porch or Patio
Schools
- West Elementary And Middle School
- Coronado High School
Utilities
- Forced Air Heating and Cooling System
- 220 Volts in Kitchen
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,877 | $59,800 | -- | -- |
| 2024 | $2,748 | $56,290 | $5,730 | $50,560 |
| 2023 | $2,748 | $56,290 | $5,730 | $50,560 |
| 2022 | $2,317 | $41,410 | $3,960 | $37,450 |
| 2021 | $2,514 | $42,610 | $4,080 | $38,530 |
| 2020 | $2,493 | $36,730 | $3,470 | $33,260 |
| 2019 | $1,740 | $25,770 | $3,470 | $22,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/11/2025 11/11/25 | Price Changed | $1,000,000 | -16.7% | $298 / Sq Ft |
| 09/08/2025 09/08/25 | Price Changed | $1,200,000 | +20.0% | $358 / Sq Ft |
| 08/11/2025 08/11/25 | Price Changed | $1,000,000 | -16.7% | $298 / Sq Ft |
| 06/29/2025 06/29/25 | Price Changed | $1,200,000 | -10.0% | $358 / Sq Ft |
| 06/20/2025 06/20/25 | Price Changed | $1,333,333 | -4.8% | $398 / Sq Ft |
| 05/15/2025 05/15/25 | For Sale | $1,400,000 | -- | $418 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Land Title Guarantee Co | |
| Interfamily Deed Transfer | -- | Security Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $80,000 | Unified Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $484,350 | VA | |
| Closed | $450,000 | VA | |
| Closed | $145,600 | New Conventional |
Source: Pikes Peak REALTOR® Services
MLS Number: 1503871
APN: 74123-11-110
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