321 Graceland Grove Colorado Springs, CO 80904
Westside NeighborhoodEstimated payment $6,521/month
Highlights
- Views of Pikes Peak
- Wood Flooring
- Corner Lot
- Deck
- Main Floor Bedroom
- 2 Car Detached Garage
About This Home
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 3⁄4 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.
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 |
|---|---|---|---|---|
| 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 |
| 05/24/2025 05/24/25 | 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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