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!
Sold for $385,000 on 06/23/25
$385,000
968 Terrace Circle, Colorado Springs, CO 80904
3beds
2,912sqft
Single Family Residence
Built in 1958
0.28 Acres Lot
$384,500 Zestimate®
$132/sqft
$2,590 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 23, 2025 at 08:39am
Listed by:
Nate Sylvan 303-963-6334,
Capital Property Group LLC
Bought with:
Katie Gribble
Venterra Real Estate LLC
Source: REcolorado,MLS#: 7959266

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Level: Upper
Bedroom
- Level: Upper
Bedroom
- Level: Upper
Primary bathroom
- Level: Upper
Bathroom
- Level: Upper
Bonus room
- Level: Main
Den
- Level: Basement
Dining room
- Level: Main
Family room
- Level: Main
Kitchen
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: In Unit
Features
- Flooring: Carpet, Tile
- Basement: Partial
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas
Interior area
- Total structure area: 2,912
- Total interior livable area: 2,912 sqft
- Finished area above ground: 2,120
- Finished area below ground: 48
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Levels: Three Or More
- Patio & porch: Covered
- Exterior features: Balcony
- Fencing: Partial
Lot
- Size: 0.28 Acres
- Features: Foothills
Details
- Parcel number: 7412201001
- Zoning: R1-6 HS
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mid-Century Modern
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Composition
Condition
- Fixer
- Year built: 1958
Community & neighborhood
Location
- Region: Colorado Springs
- Subdivision: Mesa Terrace Sub Resub
Other
Other facts
- Listing terms: Cash,Conventional,Private Financing Available
- Ownership: Corporation/Trust
- Road surface type: Paved
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Estimated market value
$384,500