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$975,000

321 Graceland Grv

Colorado Springs, CO
Active
8
Bedrooms
3,352
Square Feet
0.15
Lot Size (acres)
2006
Year Built
182
Days On Market

***Huge Price Improvement*** 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.

Listing Information

Listing Updated
08/06/2026
Listed By
Boulos Ayad, 7202709257 · Compass - Boulder, 3034875472
MLS#
IR1053920
Source
REcolorado
Status
Active

Facts & Features

Location

Community Information

Address
321 Graceland Grv, Colorado Springs, CO 80904
City
Colorado Springs
County
El Paso
Neighborhood
Gillette Sub
Zip Code
80904

Architecture

Bedrooms
8
Year Built
2006
Construction Materials
Frame, Stucco
Building Area
3,352 sq. ft.
Roof
Composition
Levels
Two
Garage
Yes
Garage Spaces
2

Features & Amenities

Interior Features
Eat-in Kitchen, Walk-In Closet(s), Wet Bar, Open Floorplan
Appliances
Dryer, Dishwasher, Refrigerator, Washer, Disposal, Oven
Flooring
Wood
Cooling
Central Air
Heating
Forced Air, Radiant, Wood Stove

Property Features

Lot Size
0.15 Acres
Lot Features
Wooded, Level, Cul-De-Sac, Corner Lot
View
Mountain(s), City
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available, Natural Gas Available

Square Footage

Above Grade
3,352 sq. ft.
Total
3,352 sq. ft.

Tax & Financial Information

List Price
$975,000
Annual Taxes
$2,877

Schools

100/100
North Middle School
Middle · Grades 06–08 · 1.7 mi
City
Colorado Springs
Students
660
Student body
48% White · 34% Hispanic / Latino · 9% Black
Free/reduced lunch
67%
Phone
(719) 328-2400
99/100
Midland Elementary School
Elementary · Grades KG–05 · 1 mi
City
Colorado Springs
Students
152
Student body
48% White · 38% Hispanic / Latino · 8% Two or More Races
Free/reduced lunch
82%
Phone
(719) 328-4500
99/100
Coperni 2
Elementary · Grades KG–08 · 1.9 mi
City
Colorado Springs
Students
213
Student body
47% White · 37% Hispanic / Latino · 11% Black
Free/reduced lunch
53%
Phone
(719) 209-2406
77/100
Zebulon Pike Youth Services Center
7th & Above · Grades 04–12 · 1.4 mi
City
Colorado Springs
Students
24
Student–teacher
3.4
Student body
46% Hispanic / Latino · 29% White · 25% Black
Free/reduced lunch
88%
Phone
(719) 390-2766
77/100
Academy for Advanced and Creative Learning
Elementary · Grades KG–08 · 1.8 mi
City
Colorado Springs
Students
296
Parent reviews
5.0★ avg · 2 reviews
Student body
72% White · 17% Hispanic / Latino · 8% Two or More Races
Free/reduced lunch
16%
Phone
(719) 434-6566
72/100
West Middle School
Middle · Grades 06–08 · 0.5 mi
City
Colorado Springs
Students
292
Parent reviews
4.5★ avg · 2 reviews
Student body
59% White · 27% Hispanic / Latino · 6% Two or More Races
Free/reduced lunch
68%
Phone
(719) 328-3900
61/100
Community Prep Charter School
High · Grades 09–12 · 1.4 mi
City
Colorado Springs
Students
264
Parent reviews
3.0★ avg · 1 review
Student body
48% White · 34% Hispanic / Latino · 8% Black
Free/reduced lunch
33%
Phone
(719) 227-8836
55/100
Buena Vista Elementary School
Elementary · Grades PK–05 · 0.6 mi
City
Colorado Springs
Students
214
Student body
73% White · 18% Hispanic / Latino · 5% Two or More Races
Free/reduced lunch
21%
Phone
(719) 328-4100

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/06/2026Price change$975,000
03/16/2026Listed for sale$1,200,000

Listed by Boulos Ayad · Compass - Boulder · 3034875472

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, REcolorado. All rights reserved.

Last Updated: August 6, 2026 at 7:11 PM | Source: REcolorado | MLS#: IR1053920

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