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For sale
    • $1,000,000

    321 Graceland Grv, Colorado Springs, CO 80904

    8beds
    5baths
    3,352sqft
    : 
    $6,131/mo
    Get pre-qualified
    Mixed Use
    Built in 2006
    6,384 Square Feet Lot
    $967,000 Zestimate®
    $298/sqft
    $-- HOA

    What's special

    Pikes peak viewsReal oak flooringModern kitchens and bathroomsDining areaLaundry roomNursery or office spaceWood-burning fireplace
    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.
    141 days
    |
    266
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Boulos Ayad 720-270-9257,

    Compass - Boulder

    Source: IRES as distributed by MLS GRID,MLS#: 1053920MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 5
      Primary bedroom
      • Description: Hardwood
      • Features: Luxury Features Primary Bath
      • Level: Upper
      • Area: 210 Square Feet
      • Dimensions: 15 x 14
      Dining room
      • Description: Hardwood
      • Level: Lower
      Family room
      • Level: Lower
      • Area: 240 Square Feet
      • Dimensions: 20 x 12
      Great room
      • Description: Hardwood
      • Level: Upper
      • Area: 180 Square Feet
      • Dimensions: 12 x 15
      Kitchen
      • Description: Hardwood
      • Level: Lower
      • Area: 221 Square Feet
      • Dimensions: 17 x 13
      Laundry
      • Description: Hardwood
      Living room
      • Description: Hardwood
      • Level: Lower
      • Area: 180 Square Feet
      • Dimensions: 12 x 15
      Heating
      • Forced Air, Wood Stove, Radiant
      Cooling
      • Central Air
      Appliances
      • Included: Gas Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
      Features
      • Eat-in Kitchen, Open Floorplan, Walk-In Closet(s), Wet Bar
      • Flooring: Wood
      • Windows: Window Coverings
      • Basement: Crawl Space
      • Has fireplace: Yes
      • Fireplace features: Free Standing
      Interior area
      • Total structure area: 3,352
      • Total interior livable area: 3,352 sqft
      • Finished area above ground: 3,352

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached
      • Garage spaces: 2
      • Details: Detached
      Accessibility
      • Accessibility features: Level Lot, Main Level Laundry
      Features
      • Levels: Two
      • Stories: 2
      • Fencing: Fenced
      • Has view: Yes
      • View description: Mountain(s), Hills, City
      Lot
      • Size: 6,384 Square Feet
      • Features: Cul-De-Sac, Corner Lot, Wooded, Evergreen Trees, Deciduous Trees, Native Plants, Level, City Limits, Paved, Curbs, Gutters
      Details
      • Parcel number: 7412311110
      • Zoning: R-2 UV
      • Special conditions: Private Owner

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Mixed Use
      Materials
      • Frame, Stucco
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Electric: Colorado Springs Utilities
      • Gas: Colorado Springs Utilities
      • Sewer: Public Sewer
      • Water: City
      • Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Satellite Avail
      Green energy
      • Energy efficient items: Windows

      Community & HOA

      Community
      • Security: Security System
      • Subdivision: Gillette Sub
      HOA
      • Has HOA: No
      Location
      • Region: Colorado Springs

      Financial & listing details

      • Price per square foot: $298/sqft
      • Annual tax amount: $2,877
      • Date on market: 3/16/2026
      • Listing terms: Cash,Conventional,VA Loan
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $967,000

        $919,000 - $1.02M

        $2,487/mo

        Price history

        DateEventPrice
        4/27/2026Price change$1,000,000-9.1%$298/sqft
        Source: IRES as distributed by MLS GRID #1053920 Report a problem
        4/11/2026Price change$1,100,000-4.3%$328/sqft
        Source: IRES as distributed by MLS GRID #1053920 Report a problem
        3/28/2026Price change$1,150,000-4.2%$343/sqft
        Source: IRES as distributed by MLS GRID #1053920 Report a problem
        3/16/2026Listed for sale$1,200,000+20%$358/sqft
        Source: REcolorado as distributed by MLS GRID #IR1053920 Report a problem
        12/11/2025Listing removed$1,000,000$298/sqft
        Source: elevateMLS #8221419 Report a problem
        11/11/2025Price change$1,000,000-16.7%$298/sqft
        Source: elevateMLS #1503871 Report a problem
        9/8/2025Price change$1,200,000+20%$358/sqft
        Source: elevateMLS #1503871 Report a problem
        8/11/2025Price change$1,000,000-16.7%$298/sqft
        Source: elevateMLS #1503871 Report a problem
        6/29/2025Price change$1,200,000-10%$358/sqft
        Source: elevateMLS #1503871 Report a problem
        6/20/2025Price change$1,333,333-4.8%$398/sqft
        Source: elevateMLS #1503871 Report a problem
        5/15/2025Listed for sale$1,400,000$418/sqft
        Source: elevateMLS #1503871 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Old Colorado City

        Getting around

        61 / 100
        Somewhat Walkable
        32 / 100
        Some Transit
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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