#1503871, Nathan Johnson ABR CRS GRI MRP, Listing office: RE/MAX Real Estate Group LLC
Property details
About 321 Graceland Grv
Welcome to an extraordinary investment opportunity offering (3) new & permitted living units with full kitchens including laundries on one expansive & versatile property—perfect for multi-generational living, rental income, or both. Unit One features 2 bedrooms, a full kitchen, a laundry, a cozy living room, a wood-burning fireplace, true Oak flooring, a modern bathroom with a large shower, & access to a private yard with a large garden—ideal for tenants, guests, or older parents. Unit Two, with all tile flooring, offers 2 bedrooms, a family room, a full kitchen with a large peninsula for bar top dining, & a laundry area—an ideal layout for a long-term rental, an STR, or guest accommodations. Unit Three is a showstopper. The main floor, with true 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 family room with mountain views, a laundry room, & an impressive primary suite with a large walk-in closet, a nursery or office space, & a luxurious 4-piece ensuite bathroom. Outside, enjoy a large courtyard & composite deck for entertaining, an oversized fully finished & insulated 3 door yet 2-car garage with a wood-burning stove, & 5 additional parking areas ample for guests or tenants. 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. With the ability to live in one unit & rent the others, or lease all three for maximum income potential, this is a rare & lucrative opportunity owned by an Architect. Whether you're an investor or a homeowner looking for versatility & value, this Single Family Property with security cameras checks all the boxes
Highlights
Summary
- Appliances: Dishwasher, Dryer, Gas Range, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer
- Basement: No
- Fireplace: Main Level, One, Wood Burning, Wood Burning Stove
- Total Bedroom Count: 8
- Heating: Forced Air
- Cooling: Central Air, Wall Unit(s)
- List Price: $1,200,000
- Year Built: 2006
- Lot Size: 0.15 Acres
- MLS Number: 8221419
- Office Name: RE/MAX Real Estate Group LLC
- Office Phone: (719) 534-7900
- Listing Agent: Nathan Johnson ABR CRS GRI MRP
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Price information
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Nearby schools
5
Bristol Elementary School
Public District PK-5
0.6 mi
•890 N Walnut St
3
Midland Elementary School
Public District PK-5
1.0 mi
•2110 Broadway Ave
8
Steele Elementary School
Public District PK-5
1.8 mi
•1720 N Weber St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,918. The most common annual income of people living in Colorado Springs, CO is less than $<35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 321 Graceland Grv
The listing price of 321 Graceland Grv property is $1,200,000.
The property 321 Graceland Grv is a house located in Colorado Springs, Colorado, 80904.
Active Listing: 321 Graceland Grv is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 321 Graceland Grv are: Bristol Elementary School (GreatSchools Rating 5/10), Midland Elementary School (GreatSchools Rating 3/10), Steele Elementary School (GreatSchools Rating 8/10), West Middle School (GreatSchools Rating 5/10), Mountain Song Community School (GreatSchools Rating 7/10), North Middle School (GreatSchools Rating 5/10), Palmer High School (GreatSchools Rating 4/10), Community Preparatory Charter School (GreatSchools Rating 2/10), Coronado High School (GreatSchools Rating 5/10).
The property at 321 Graceland Grv has 8 bedrooms and 5 bathrooms.
The year of construction for 321 Graceland Grv is 2006.
This home is located at 321 Graceland Grv in Colorado Springs, CO and zip code 80904 in the Old Colorado City neighborhood. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 25, 2025 and is currently priced at $1,200,000.
In June 2025, from all listings sold in Colorado Springs, CO there were more than 77 sold above asking price, over 126 sold below and more than 87 were sold right at the asked price. The inventory of homes for sale in Colorado Springs, CO between May and June 2025 increased by 36.4%. In June 2025 median list price was $484,906 and the average listing age was 33 days.