Versatile Manitou Springs property offering two self-contained living levels with a proven short-term/AirBnb rental history and multiple ways to use the space. Ideal for an investor, house-hacking opportunity, or buyers seeking separate living areas for multigenerational needs. The City of Manitou Springs has indicated the property is eligible for approval of a new STR permit for a future owner, subject to city permitting. Each level features its own kitchen, laundry, two bedrooms, and 3/4 bath, allowing the spaces to function independently. The upper level includes an open living area, granite countertops, two bedrooms, and a private balcony with Garden of the Gods views. The walkout lower level offers a spacious living area, full kitchen, two additional bedrooms, laundry, fenced outdoor space, and hot tub. Lower-level furnishings are negotiable. Three off-street parking spaces provide added flexibility. Significant improvements include a new main breaker panel and wiring, updated bathrooms on both levels, mini-split heating/cooling system on both levels and new flooring downstairs. Located just off Highway 24 near downtown Manitou Springs, Garden of the Gods, Old Colorado City, and Colorado Springs. A unique opportunity for buyers seeking income potential, separate living spaces, or both.
Pending
Price cut: $10K (8/12)
$539,000
324 Terrace Pl, Manitou Springs, CO 80829
4beds
2baths
1,820sqft
Single Family Residence
Built in 1963
-- sqft lot
$-- Zestimate®
$296/sqft
$-- HOA
What's special
Walkout lower levelHot tubFenced outdoor spaceThree off-street parking spacesGranite countertopsTwo self-contained living levelsNew flooring downstairs
- 20 days
- 197
- 9
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jessica Pero 719-714-2002,
Redfin Corporation
Source: elevateMLS,MLS#: 9127942
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Electric, Other
Cooling
- See Prop Desc Remarks
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
- Laundry: Electric Hook-up
Features
- Basement: Full
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,820
- Total interior livable area: 1,820 sqft
Property
Lot
- Size: 8,415 Square Feet
Details
- Parcel number: 7404317030
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Single Family Residence
Materials
- Alum/Vinyl/Steel, Frame
- Roof: Metal
Condition
- Existing
- New construction: No
- Year built: 1963
Utilities & green energy
- Water: Municipal
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Manitou Springs
Financial & listing details
- Price per square foot: $296/sqft
- Tax assessed value: $473,194
- Annual tax amount: $2,190
- Date on market: 8/21/2026
- Listing terms: Cash,Conventional,FHA
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Pending sale | $539,000$296/sqft |
Source: | ||
| 8/12/2026 | Price change | $539,000-1.8%$296/sqft |
Source: | ||
| 8/1/2026 | Price change | $549,000-1.8%$302/sqft |
Source: | ||
| 7/7/2026 | Price change | $559,000-5.3%$307/sqft |
Source: | ||
| 6/16/2026 | Price change | $590,000-4.1%$324/sqft |
Source: | ||
| 6/1/2026 | Listed for sale | $615,000+53.8%$338/sqft |
Source: | ||
| 6/5/2024 | Listing removed | $400,000-10.7%$220/sqft |
Source: | ||
| 6/4/2021 | Sold | $448,000+12%$246/sqft |
Source: Public Record Report a problem | ||
| 4/23/2021 | Listed for sale | $400,000+50.9%$220/sqft |
Source: | ||
| 6/29/2016 | Sold | $265,000-3.6%$146/sqft |
Source: Public Record Report a problem | ||
| 3/15/2016 | Listing removed | $275,000$151/sqft |
Source: Manitou Springs Real Estate Report a problem | ||
| 1/14/2016 | Listed for sale | $275,000$151/sqft |
Source: Manitou Springs Real Estate Report a problem | ||
| 11/23/2013 | Listing removed | $800 |
Source: Manitou Springs Real Estate #738602 Report a problem | ||
| 10/22/2013 | Listed for rent | $800 |
Source: Manitou Springs Real Estate #738602 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,190 +9.2% | $33,360 -0.4% |
| 2024 | $2,006 +34.9% | $33,510 |
| 2023 | $1,487 -4.1% | $33,510 +66.6% |
| 2022 | $1,551 | $20,120 -2.8% |
| 2021 | -- | $20,700 +3.2% |
| 2020 | $1,577 -5.8% | $20,060 |
| 2019 | $1,675 +22% | $20,060 +13.7% |
| 2018 | $1,373 -11.6% | $17,650 |
| 2017 | $1,553 +13.1% | $17,650 +1.6% |
| 2016 | $1,373 +87.3% | $17,380 |
| 2015 | $733 +24.6% | $17,380 +8% |
| 2014 | $588 | $16,090 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | $681 | -- |
| 2010 | -- | $15,980 |
| 2009 | -- | $15,980 +6% |
| 2008 | -- | $15,070 |
| 2006 | -- | $15,070 +28.5% |
| 2004 | -- | $11,730 |
| 2003 | $988 +2.8% | $11,730 -8.9% |
| 2002 | $961 +24.8% | $12,870 +23.2% |
| 2001 | $770 | $10,450 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 80829
Nearby schools
Schools provided by the listing agent
- District: Manitou Springs-14
Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




