Metro Denver Luxury Homes For Sale

Property Description

Amazing mid-century modern house with sweeping views, designed by Elizabeth Wright Ingraham, granddaughter of renowned architect, Frank Lloyd Wright. This home has a timeless mid-century modern design, & is currently dated, and ready for a new homeowner to tastefully remodel it, providing an opportunity to have one of the most unique homes in the area. With a large mostly flat lot, you will enjoy living in this private oasis. This home could easily be a 4b, 3ba, or would be perfectly situated for a full mother-in-law suite with private entrance, depending how you transform the lower level (den). Quick drive to Old Colorado City & downtown, you will enjoy living in this highly sought-after neighborhood. IMPORTANT: The owner has approved plans for a large sewer line project, giving homeowner the opportunity to connect to the city main. Colorado Springs Utilities has agreed to cover 22% of the cost, and some rebaits from adjacent homeowners tying into line in the future may exist. The cost after the rebate estimate is $100,000. Ask your lender about loan options to wrap this cost into your purchase price. The after renovation value (ARV) of this home could yield significant returns if resold after renovation. Great opportunity for an investor, homeowner, or visionary to create large profits or significant sweat equity. Homes like this are not being built anymore. don’t miss your chance to tour this fixer-upper with worlds of potential!

Features
: Forced Air
: Central Air
: Partial
: Partial
: Gas, Family Room
: Covered
: 2
: Mid-Century Modern
: Composition
: Septic Tank
Address Map
CO
El Paso
Colorado Springs
80904
Terrace
968
Circle
W105° 9' 34''
N38° 51' 10.1''
Additional Information
2
: Frame
Bristol
: Balcony
1
: Carpet, Tile
Coronado
Yes
Yes
Cash, Conventional, Private Financing Available
: Foothills
Holmes
Capital Property Group LLC
74122-01-001
: None
: House
Mesa Terrace Sub Resub
$1,900
2024
R1-6 HS
04/03/2025
2912
Active
Colorado Springs 11
Colorado Springs 11
In Unit
Colorado Springs 11
04/17/2025
04/03/2025
: Three Or More

Mesa Terrace Sub Resub

968 Terrace Circle, Colorado Springs, CO 80904

3 Bedrooms
2 Total Baths
2,168 Square Feet
$399,000
Listing ID #7959266
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 7959266
Price : $399,000
Bedrooms : 3
Rooms : 10
Total Baths : 2
Full Bathrooms : 1
3/4 Bathrooms : 1
Square Footage : 2,168 Square Feet
Year Built : 1958
Lot Area : 12,100 Acres
Lot Acres : 0.28
Property Sub Type : Single Family Residence
Status : Active
Originating System Name : REcolorado
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