324 Terrace Place, Manitou Springs, CO 80829

• 4 beds |
• 2 baths |
• 1,820 sqft

Property Description

Very unique and so much potential! This home has been extremely profitable for many years as an AirBnb (short term rental), which is very hard to come by in Manitou Springs. It could also be used as an ADU (accessory dwelling unit) for guests or as a long term rental. Each level has its own kitchen, washer, dryer, 2 bedrooms and a bath. Parking is exceptionally flexible to accommodate guests or tenants. The upper level utilizes a convenient front carport, while two "off-street" parking spaces at the back of the property can be dedicated to the lower level. 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 an 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 features a large family room, two additional bedrooms, a second 3/4 bathroom, its own full kitchen, and separate laundry area. Step outside to a private lower patio within the fenced-off yard space, and a relaxing hot tub. There are mini splits for heating and cooling in the living rooms of each level. The rooms have wall heaters.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 7:17AM

Listing Office:

Redfin Corporation : 520-744-6917

Listing Agent:

Jessica Pero : (719) 714-2002

MLS ID:

2536115

Interior

• Appliances: Cook TopDishwasherDisposalDryerMicrowave OvenRangeRefrigeratorSelf Cleaning OvenWasher
• Laundry: BasementMain
• Basement: Full Basement
• Flooring: TileVinyl/Linoleum
• A/C: See Prop Desc Remarks
• Heating: ElectricOther
• Fireplace: None

Exterior

• Other Structures: See Prop Desc RemarksCovered
• Parking: Parking spaces: 0

Construction

• Roofing: Metal

Location

• HOA Amenities: 0.0Not Applicable
• Originating MLS: Pikes Peak REALTOR® Services
• School District: Manitou Springs-14
• County: El Paso

Lot

• Zoning: 7404317030

Utilities

• Utilities: Cable AvailableElectricity ConnectedNatural Gas Connected
• Water: Municipal
• Sewer: Sewer

Financial

• Source: Pikes Peak REALTOR® Services