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Welcome to an extraordinary investment opportunity offering three beautifully updated living units on one expansive and versatile property—perfect for multi-generational living, house hacking, or maximizing rental income.
Unit One features 2 bedrooms, a full kitchen, a cozy living room with a wood-burning fireplace, Oak hardwood flooring, a modern bathroom with a large shower, in-unit laundry, and access to a private yard—ideal for tenants or personal use.
Unit Two, with Porcelain tile flooring, offers 2 spacious bedrooms, a large family room, a full kitchen with a stylish peninsula bar top for dining, and laundry area—an ideal layout for long-term rental or guest accommodations.
Unit Three is a showstopper. The main floor, with Oak Harwood flooring, includes a full kitchen, dining area, and a bathroom with shower. Upstairs, which has porcelain tile, you’ll find three guest bedrooms, two balconies, a grand family room with breathtaking mountain views, laundry room, and an impressive primary suite with a walk-in closet, a private nursery or office space, and a luxurious 4-piece ensuite bathroom.
Outside, enjoy a large courtyard perfect for outdoor entertaining, an oversized fully finished 2-car garage with wood-burning stove, and three additional parking areas for ample guest or tenant convenience.
Every inch of this property has been thoughtfully upgraded with high-end finishes, including porcelain tile flooring throughout, modern kitchens and bathrooms, and updated fixtures—all blending contemporary style with comfort.
With the ability to live in one unit and rent the others, or lease all three for maximum income potential, this is a rare and lucrative opportunity. Whether you're an investor or a homeowner looking for versatility and value, this property checks all the boxes.
Powered By
Electricity, Cable, Natural Gas Connected
220v in Kitchen, Dishwasher, Dryer, Gas in Kitchen, Microwave Oven, Oven, Range Oven (Gas/Elec), Refrigerator, Washer, Self Cleaning Oven
Ceramic Tile, Luxury Vinyl, Tile, Wood
Mountain View, View of Pikes Peak, Corner
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DRIVE TIME TO BASE
Stable Population, Moderate Residential Turnover
| GreatSchools | School Name | Distance |
|---|---|---|
|
WEST INTERGENERATIONAL CENTER Public - Kindergarten to 8th Grade - Closest Elementry School |
0.5 Miles |
|
WEST ELEMENTARY SCHOOL Public - Preschool to 5th Grade |
0.5 Miles |
|
BUENA VISTA ELEMENTARY SCHOOL Public - Preschool to 6th Grade |
0.6 Miles |
|
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BRISTOL ELEMENTARY SCHOOL Public - Kindergarten to 5th Grade |
0.6 Miles |
|
|
MIDLAND ELEMENTARY SCHOOL Public - Kindergarten to 5th Grade |
0.9 Miles |
|
GIVING TREE MONTESSORI SCHOOL Private - Preschool to Kindergarten |
1.2 Miles |
|
|
PALMER HIGH SCHOOL Public - 9th Grade to 12th Grade - Closest High School |
1.3 Miles |
Property Summary: Located in the Gillette subdivision, 321 Graceland Grove is a Single Family home for sale in Colorado Springs, CO 80904, listed at $1,200,000. Current listing information about 321 Graceland Grove indicates the property features, 8 beds, 5 baths, and has approximately 3,352 square feet of living space, with a lot size of 0.15 acres, and was originally constructed in 2006. The current price per square foot is $358. The average price per square foot for properties in 80904 is $302. The average list prices for similar properties for sale is $738,767. To schedule a private showing of MLS# 1503871 at 321 Graceland Grove in Gillette, contact your Colorado Springs real estate team at 719-338-7294.
The real estate listing information and related content displayed on this site is 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. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.
