# 324 Terrace Place, Manitou Springs, CO 80829

> **TL;DR:** residential multi family, $539,000, built 1963. Est. $2,882/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $539,000 |
| Year Built | 1963 |
| Lot Size | 8,416 sqft (0.19 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | Pending |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,725 |
| Estimated Insurance | $157 |
| **Total** | **$2,882** |

## Property Highlights

- Built in 1963
- 0.19 acre lot

## Description

### Agent Description
Versatile Manitou Springs property offering two self-contained living levels with a proven short-term/AirBnb rental history and multiple ways to use the space. Ideal for an investor, house-hacking opportunity, or buyers seeking separate living areas for multigenerational needs. The City of Manitou Springs has indicated the property is eligible for approval of a new STR permit for a future owner, subject to city permitting. Each level features its own kitchen, laundry, two bedrooms, and 3/4 bath, allowing the spaces to function independently. The upper level includes an open living area, granite countertops, two bedrooms, and a private balcony with Garden of the Gods views. The walkout lower level offers a spacious living area, full kitchen, two additional bedrooms, laundry, fenced outdoor space, and hot tub. Lower-level furnishings are negotiable. Three off-street parking spaces provide added flexibility. Significant improvements include a new main breaker panel and wiring, updated bathrooms on both levels, mini-split heating/cooling system on both levels and new flooring downstairs. Located just off Highway 24 near downtown Manitou Springs, Garden of the Gods, Old Colorado City, and Colorado Springs. A unique opportunity for buyers seeking income potential, separate living spaces, or both.

## Location

- **Address:** 324 Terrace Place, Manitou Springs, CO 80829
- **County:** El Paso
- **Coordinates:** 38.854444, -104.901209
- **Google Maps:** https://www.google.com/maps?q=38.854444,-104.901209

## Virtual Tour & Media

- **Video Tour:** https://my.matterport.com/show/?m=pR1QvRoiW18&mls=1

## Listing Agent

- **Name:** Jessica Pero
- **Brokerage:** Redfin Corporation
- **Broker Phone:** (303) 548-6868
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/324-Terrace-Pl_Manitou-Springs_CO_80829_M98536-42442?f=listhub&s=PPARCO&m=9127942&c=propsimple)

## Photos

![324 Terrace Place - Photo 1](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f253897223r.jpg)

![324 Terrace Place - Photo 2](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f4079881030r.jpg)

![324 Terrace Place - Photo 3](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f4219794481r.jpg)

![324 Terrace Place - Photo 4](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f2367500286r.jpg)

![324 Terrace Place - Photo 5](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f3074468211r.jpg)

![324 Terrace Place - Photo 6](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f4153080134r.jpg)

![324 Terrace Place - Photo 7](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f693347306r.jpg)

![324 Terrace Place - Photo 8](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f3495973063r.jpg)

![324 Terrace Place - Photo 9](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f1270010830r.jpg)

![324 Terrace Place - Photo 10](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f3948776845r.jpg)

![324 Terrace Place - Photo 11](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f3971874074r.jpg)

![324 Terrace Place - Photo 12](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f3453895790r.jpg)

![324 Terrace Place - Photo 13](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f1183470219r.jpg)

![324 Terrace Place - Photo 14](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f1843542702r.jpg)

![324 Terrace Place - Photo 15](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f2692889867r.jpg)

![324 Terrace Place - Photo 16](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f142912411r.jpg)

![324 Terrace Place - Photo 17](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f4202306155r.jpg)

![324 Terrace Place - Photo 18](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f4040732058r.jpg)

![324 Terrace Place - Photo 19](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f827259844r.jpg)

![324 Terrace Place - Photo 20](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f1301649945r.jpg)

![324 Terrace Place - Photo 21](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f2194507172r.jpg)

![324 Terrace Place - Photo 22](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f517143376r.jpg)

![324 Terrace Place - Photo 23](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f1153724101r.jpg)

![324 Terrace Place - Photo 24](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f2284376093r.jpg)

![324 Terrace Place - Photo 25](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f2028940069r.jpg)

![324 Terrace Place - Photo 26](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f1842624382r.jpg)

![324 Terrace Place - Photo 27](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f2707900117r.jpg)

![324 Terrace Place - Photo 28](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f277263606r.jpg)

![324 Terrace Place - Photo 29](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f1164586026r.jpg)

![324 Terrace Place - Photo 30](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f1434233124r.jpg)

![324 Terrace Place - Photo 31](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f376192817r.jpg)

![324 Terrace Place - Photo 32](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f2925003207r.jpg)

![324 Terrace Place - Photo 33](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f248682907r.jpg)

![324 Terrace Place - Photo 34](http://lh.rdcpix.com/0296201df177b4548e06d428b7db32c6l-f976916223r.jpg)

---

**MLS#:** 9127942 | **Updated:** 2026-10-19
**Source:** listhub

*Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/324-terrace-place-manitou-springs-co-80829-76d34741e8b74be89a8f70d0bcd5cb8f)

---

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