Back 968 Terrace Circle
Off Market

968 Terrace Circle

Colorado Springs CO 80907

3
2
2
2168 sq. ft.
0.28 ac.
Single-Family
Last sold for $385,000
Nate SylvanNate Sylvan, last sold this property on 23 June 2025 after 1032 days on market.

Overview

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!

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2168 sq. ft. floor area
0.28 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Colorado Springs over the last 12 months, the estimated median property value of 968 Terrace Circle is $400k.

Median value
$400k
Estimated value range
$266k - $975k
Median days on market
49
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Colorado Springs. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 968 Terrace Circle

2025
Sold
$385,000
23 Jun 2025 by Nate Sylvan, of Capital Property Group LLC

Happy sellers in Colorado Springs

90%
90% of sellers in Colorado Springs reported that their sale price either exceeded or met their price expectations.

Colorado Springs stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Colorado Springs over the last 12 months.

Local market activity for 3 bedroom single-family properties in Colorado Springs

In the last 12 months, 113 three-bedroom single-family properties similar to 968 Terrace Circle, have been sold.

This represents a 11% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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