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Pending
  • Price cut: $10K (8/12)
    $539,000

    324 Terrace Pl, Manitou Springs, CO 80829

    4beds
    2baths
    1,820sqft
    : 
    $3,377/mo
    Get pre-qualified
    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
    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.
    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#: 9127942MLS Logo

      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

        DateEventPrice
        8/25/2026Pending sale$539,000$296/sqft
        Source: elevateMLS #9127942 Report a problem
        8/12/2026Price change$539,000-1.8%$296/sqft
        Source: elevateMLS #2536115 Report a problem
        8/1/2026Price change$549,000-1.8%$302/sqft
        Source: elevateMLS #2536115 Report a problem
        7/7/2026Price change$559,000-5.3%$307/sqft
        Source: elevateMLS #2536115 Report a problem
        6/16/2026Price change$590,000-4.1%$324/sqft
        Source: elevateMLS #2536115 Report a problem
        6/1/2026Listed for sale$615,000+53.8%$338/sqft
        Source: elevateMLS #2536115 Report a problem
        6/5/2024Listing removed$400,000-10.7%$220/sqft
        Source: elevateMLS #3225732 Report a problem
        6/4/2021Sold$448,000+12%$246/sqft
        Source: Public Record Report a problem
        4/23/2021Listed for sale$400,000+50.9%$220/sqft
        Source: elevateMLS #3225732 Report a problem
        6/29/2016Sold$265,000-3.6%$146/sqft
        Source: Public Record Report a problem
        3/15/2016Listing removed$275,000$151/sqft
        Source: Manitou Springs Real Estate Report a problem
        1/14/2016Listed for sale$275,000$151/sqft
        Source: Manitou Springs Real Estate Report a problem
        11/23/2013Listing removed$800
        Source: Manitou Springs Real Estate #738602 Report a problem
        10/22/2013Listed for rent$800
        Source: Manitou Springs Real Estate #738602 Report a problem

        Public tax history

        YearProperty taxesTax 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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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 80829

        Getting around

        54 / 100
        Somewhat Walkable
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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