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New construction
  • Price increase: $2.9M (5/29)
    $3,279,000

    331 Grandwood Dr, Monument, CO 80132

    4beds
    5,466sqft
    : 
    $20,600/mo
    Get pre-qualified
    Single Family Residence
    Built in 2026
    2.52 Acres Lot
    $-- Zestimate®
    $600/sqft
    $42/mo HOA

    What's special

    To-be-built custom home opportunity in Grandwood Ranch on a rare 2.5-acre homesite backing to over 10 acres of community open space. This proposed residence is thoughtfully designed by Colarelli Custom Homes to pair elevated architecture, privacy, and flexible living with one of Monument’s most desirable wooded settings. The Cutler plan offers a refined layout with generous main-level living, an open great room, spacious kitchen and dining areas, private bedroom wings, a dedicated office, and strong indoor/outdoor connectivity designed to take advantage of the natural surroundings. The proposed design includes a main-level primary suite, additional bedroom suites, a large attached garage, covered outdoor living areas, and a finished lower level with a recreation room, wet bar, guest accommodations, storage, and flexible space for extended family or guests. The plan also includes a private apartment-style living area with its own bedroom, bath, kitchen/living area, and garage access, creating a rare opportunity for multi-generational living, long-term guests, caretaker quarters, or private work-from-home flexibility. Located in the coveted Grandwood Ranch community, this homesite offers mature trees, exceptional privacy, and a peaceful setting surrounded by stately custom homes. Enjoy quiet mornings, east-facing sunrise potential, open space behind the property, and the convenience of quick access to I-25, northern Colorado Springs, Monument, Castle Rock, Denver, and Denver International Airport. This is a rare opportunity to combine a premier Grandwood Ranch lot with a thoughtfully designed custom home package. Final pricing, specifications, square footage, finishes, engineering, permitting, utility requirements, and construction timeline are subject to final plan approval, buyer selections, and construction contract. Renderings, floor plans, and images are for conceptual marketing purposes only and may not reflect final construction.
    67 days
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    493
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    30
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    Zillow last checked:

    Listing updated:

    Listed by:

    Brett Rankin 719-221-4239,

    Pinon Real Estate Group

    Source: elevateMLS,MLS#: 3702780MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Full bathrooms: 3
      • 3/4 bathrooms: 2
      • 1/2 bathrooms: 1
      Other
      • Level: Main
      Heating
      • Radiant
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Gas in Kitchen, Exhaust Fan, Microwave, Oven, Range, Refrigerator, Washer
      • Laundry: Gas Hook-up, Main Level
      Features
      • 5-Pc Bath, 9Ft + Ceilings, French Doors, Great Room, Breakfast Bar, Pantry, Wet Bar
      • Flooring: Tile, Wood
      • Basement: Full,Finished
      • Number of fireplaces: 3
      • Fireplace features: Basement, Gas, Masonry, Two
      Interior area
      • Total structure area: 5,466
      • Total interior livable area: 5,466 sqft
      • Finished area above ground: 3,570
      • Finished area below ground: 1,896

      Property

      Parking
      • Total spaces: 5
      • Parking features: Attached, Even with Main Level, Garage Door Opener, Oversized
      • Attached garage spaces: 5
      Features
      • Patio & porch: Concrete, Covered
      Lot
      • Size: 2.52 Acres
      • Features: Backs to Open Space, Level, Meadow, Wooded, Near Schools
      Details
      • Parcel number: 6119001025

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Alum/Vinyl/Steel, Stone, Stucco, Frame
      • Foundation: Crawl Space, Garden Level, Walk Out
      • Roof: Metal
      Condition
      • To Be Built
      • New construction: Yes
      • Year built: 2026
      Details
      • Builder model: The Cutler
      • Builder name: Colarelli Custom Homes

      Utilities & green energy

      • Water: None
      • Utilities for property: Electricity Available, Natural Gas Available
      Green energy
      • Indoor air quality: Radon System

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $500 annually
      Location
      • Region: Monument

      Financial & listing details

      • Price per square foot: $600/sqft
      • Tax assessed value: $276,738
      • Annual tax amount: $4,436
      • Date on market: 5/29/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/29/2026Price change$3,279,000+842.2%$600/sqft
        Source: elevateMLS #3702780 Report a problem
        9/11/2025Listed for sale$348,000$64/sqft
        Source: elevateMLS #3299521 Report a problem
        8/6/2025Listing removed$348,000$64/sqft
        Source: elevateMLS #8031168 Report a problem
        8/30/2024Price change$348,000+7.1%$64/sqft
        Source: elevateMLS #8031168 Report a problem
        8/12/2024Listed for sale$325,000-89.4%$59/sqft
        Source: elevateMLS #8031168 Report a problem
        6/25/2024Listing removed--
        Source: elevateMLS #3077191 Report a problem
        9/5/2023Price change$3,075,000+846.2%$563/sqft
        Source: elevateMLS #3077191 Report a problem
        7/8/2023Listed for sale$325,000-79.8%$59/sqft
        Source: elevateMLS #6468297 Report a problem
        6/1/2023Listing removed--
        Source: elevateMLS #3604944 Report a problem
        3/8/2023Price change$1,610,000-4.8%$295/sqft
        Source: elevateMLS #5724084 Report a problem
        12/19/2022Price change$1,692,000+412.7%$310/sqft
        Source: elevateMLS #5724084 Report a problem
        6/23/2022Price change$330,000-5.7%$60/sqft
        Source: elevateMLS #3604944 Report a problem
        6/14/2022Listed for sale$350,000+22.8%$64/sqft
        Source: elevateMLS #3604944 Report a problem
        1/31/2022Sold$285,000-3.4%$52/sqft
        Source: Public Record Report a problem
        7/15/2021Sold$295,000$54/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$10,420 +184.1%$77,210
        2023$3,667 +1333.6%$77,210 +42.4%
        2022$256 $54,210
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 80132

        Getting around

        0 / 100
        Car-Dependent
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Lewis-Palmer-38

        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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