968 Terrace Circle
Colorado Springs, CO 80904
2120 sqft | 3 beds | 1 bath | 0.28 acres | #7959266
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!
Property Details
- SubdivisionMesa Terrace Sub Resub
- Property SubtypeResidential-Detached
- Sewer InformationSeptic, Septic Tank
- ViewFoothills View
- Property TypePurchase
- High SchoolCoronado
- Exterior MaterialsBalcony
- BasementPartial
- Elementary SchoolBristol
- CountyEl Paso
- MLS #7959266
- MLS #7959266
- Middle SchoolHolmes
- Cost399000
- Acres0.28
- Square Feet2120
- Year Built1958
- Bedrooms3
- Bathrooms1
- Full Baths1
- Parking Spaces2
Location
Legal
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Last Updated: . Source: IRES
Listing Courtesy
Listing Agent: Nate Sylvan (#55042803), Phone: (303) 963-6334
Listing Office: Sold Entered for Comps Only (#DRGZJ)

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