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. 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.
Utility FeaturesNatural Gas Available, Electricity Available, Cable Available, Satellite Avail
SEWERPublic Sewer
WATER SOURCECity
Year Built2006
BasementCrawl Space
FINISHED BASEMENT SIZE0.0
RoofComposition
Parking FeaturesDetached
FenceFenced
Lot FeaturesCul-De-Sac, Corner Lot, Wooded, Evergreen Trees, Deciduous Trees, Native Grass, Level, House Faces South, City Limits, Paved, Curbs, Gutters
Garage spaces2
ViewMountain(s), Hills, City
CITYColorado Springs
SUBDIVISIONGillette Sub
COUNTYEl Paso
AREAOut of Area
STATECO
TAX AMOUNT2877.0
LATEST UPDATE2026-03-30T16:54:05.460Z
DAYS ON MARKET15
PRICE CHANGE(S)
$1,200,000 Mar 16, 2026
$1,150,000 Mar 28, 2026
Market Trends
New Properties On Market
18
28%
Decrease In New Listings
Average Asking Price
$554,122
$16,852 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$283
$15 Increase In List Price/Sq. Ft.
Average Days On Market
10
30 Day
Decrease In Days On Market
Data as of Apr 10, 2026.
Remaining statistics above are calculated on activity within the period from Feb 01, 2026 to Mar 31, 2026.
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