Listing Courtesy of: Nate Sylvan - Capital Property Group LLC
303-963-6334
$385,000
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968 Terrace Circle Colorado Springs, CO 80904
Single Family
Residence
3
Beds
2
Baths
...
Bed/Bath
2,168
Sq. Ft.
Property Activity
Time on Site
days
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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 opportu...nity 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!
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MLS#
7959266
Property Type
Single Family
Bedrooms
3
Bathrooms
1 Full
Year Built
1958
Square Feet
2,168
sq. ft
Lot Size
0.28
Sewer
Holding Tank
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