324 Terrace Place, Manitou Springs, CO 80829
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
Listed by: jessica pero
Office: redfin corporation
MLS#:2536115
Source:CO_PPAR
Price summary
- Price:$615,000
- Price per sq. ft.:$337.91
About this home
Embrace the quintessential Colorado lifestyle in this Manitou Springs retreat, where sweeping views of Garden of the Gods await you from your private balcony. Perfectly positioned for both tranquility and convenience, this home sits just 3 minutes from the vibrant shops and dining of downtown Manitou, and a quick 10-minute drive to downtown Colorado Springs. Wildlife is a natural part of the daily experience here, with deer frequently visiting the property and surrounding open space. The main level offers a bright, open-concept floor plan designed to maximize light and views. The living room flows seamlessly into a efficient kitchen featuring stunning granite countertops and a door that opens directly to the upper balcony, the ultimate spot for your morning coffee. This level features two spacious, sun-filled bedrooms and a beautifully finished 3/4 bathroom with dedicated laundry facilities. The walkout basement level is an absolute goldmine. Currently operating as a highly profitable short-term rental, this space features a large family room, two additional bedrooms, a second 3/4 bathroom, its own full kitchen, and separate laundry area. There are mini splits for heating and cooling in the living rooms of each level. The rooms have small wall heaters. Step outside to a private lower patio within the fenced-off yard space, and a relaxing hot tub. The City of Manitou has confirmed in writing that the short-term rental permit is easily transferable to the new owner if applied for shortly after closing! Parking is exceptionally flexible to accommodate guests or tenants: the upper level utilizes a convenient front carport, while separate off-street parking spaces at the back of the property can be dedicated to the lower level. Cute, charming, and packed with financial potential, this unique property is ready to be yours....
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Home facts
- Year built:1963
- Listing ID #:2536115
- Added:4 day(s) ago
- Updated:June 06, 2026 at 04:41 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Flooring:Tile, Vinyl/Linoleum
- Kitchen Description:Dishwasher, Disposal, Microwave Oven, Refrigerator, Self Cleaning Oven
- Basement:Yes
- Basement Description:Full Basement
- Living area:1,820 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Metal
- Year built:1963
- Building area:1,820 sq. ft.
- Lot area:0.19 Acres
- Lot Features:Trees/Woods
- Architectural Style:Ranch
- Construction Materials:Alum/Vinyl/Steel
- Exterior Features:Covered
Utilities
- Water:Municipal
Finances and disclosures
- Price:$615,000
- Price per sq. ft.:$337.91
- Tax amount:$2,190 (2024)
Features and amenities
- Laundry features:Basement, Dryer, Main, Washer
Parking
- Parking description:Carport
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