Listing provided courtesy of Pinon Real Estate Group- MLS# 3702780MLS ProviderContact Information: 719-539-0200

331 Grandwood DriveMonument, CO 80132

Single Family · 4 Beds · 3 Full Baths · 1 Half Bath · 2 Three Quarter Baths · 5,466 Sq. ft. | 2.52 Acres
$3,279,000 Active

331 Grandwood Drive Overview

Time on Site:
31 days
Visits:
0

To-be-built custom home opportunity in Grandwood Ranch on a rare 2.5-acre homesite backing to over 10 acres of community open space. This proposed residence is thoughtfully designed by Colarelli Custom Homes to pair elevated architecture, privacy, and flexible living with one of Monument’s most desirable wooded settings. The Cutler plan offers a refined layout with generous main-level living, an open great room, spacious kitchen and dining areas, private bedroom wings, a dedicated office, and strong indoor/outdoor connectivity designed to take advantage of the natural surroundings. The proposed design includes a main-level primary suite, additional bedroom suites, a large attached garage, covered outdoor living areas, and a finished lower level with a recreation room, wet bar, guest accommodations, storage, and flexible space for extended family or guests. The plan also includes a private apartment-style living area with its own bedroom, bath, kitchen/living area, and garage access, creating a rare opportunity for multi-generational living, long-term guests, caretaker quarters, or private work-from-home flexibility. Located in the coveted Grandwood Ranch community, this homesite offers mature trees, exceptional privacy, and a peaceful setting surrounded by stately custom homes. Enjoy quiet mornings, east-facing sunrise potential, open space behind the property, and the convenience of quick access to I-25, northern Colorado Springs, Monument, Castle Rock, Denver, and Denver International Airport. This is a rare opportunity to combine a premier Grandwood Ranch lot with a thoughtfully designed custom home package. Final pricing, specifications, square footage, finishes, engineering, permitting, utility requirements, and construction timeline are subject to final plan approval, buyer selections, and construction contract. Renderings, floor plans, and images are for conceptual marketing purposes only and may not reflect final construction.

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331 Grandwood Drive Facts & Features

  • Type Single Family
  • Sq. ft. 5,466
  • Price/Sq.ft. $600
  • Lot 2.52 Acres

Details

General

Association/HOA

  • Association Fee: 500.00
  • Association Fee Frequency: Annual

School Information

  • School District: Lewis-Palmer-38

Building Information

  • Builder Model: The Cutler
  • Builder Name: Colarelli Custom Homes
  • Year Built: 2026

Location/Region

  • County Or Parish: El Paso
  • MLS Area Minor: Grandwood Ranch Estates

Tax Information

  • Tax Annual Amount: 4436.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 6119001025
  • Property Sub Type: Single Family
  • Property Type: Residential

Interior

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Three Quarter: 2
  • Bathrooms Total: 6
  • Bedrooms Total: 4

Building Interior

  • Building Area Total: 5466.0

General Information

  • Appliances: Dishwasher,Disposal,Dryer,Gas in Kitchen,Kitchen Vent Fan,Microwave Oven,Oven,Range,Refrigerator,Washer
  • Basement: Crawl Space,Full Basement,Garden Level,Walk Out
  • Cooling: Central Air
  • Fireplace Features: Basement,Gas,Lower Level,Main Level,Masonry,Stone,Two
  • Flooring: Tile,Wood
  • Heating: Radiant
  • Interior Features: 5-Pc Bath,9Ft \u002B Ceilings,French Doors,Great Room
  • Laundry Features: Gas Hook-up,Main
  • Living Area: 5466.00
  • Window Features: Fiberglass

Exterior

Parking Information

  • Parking Total: 5.00

Lot Information

  • Lot Size Acres: 2.52
  • Lot Size Square Feet: 109771.20
  • Lot Size Units: Acres
  • Water Source: None

Building Exterior/Construction

  • Patio And Porch Features: Concrete,Covered
  • Property Attached: false
  • Roof: Metal
  • Structure Type: Frame

General Information

  • Sewer: Septic
  • Utilities: Electricity Available,Natural Gas Available

331 Grandwood Drive Neighborhood

Community

80136 (Monument) Demographics

40
Median Age
27
Population Density (per sq. mile)
33%
College Educated
$95,438
Estimated Median Income
1,516
Estimated Total Home Owners
143
Estimated Total Renters
91% / 9%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

331 Grandwood Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

331 Grandwood Drive Market Data

Based on the last 30 days in this zip code

$661,628
Average List Price
$228
Average Price per Square Foot
15
Properties Sold
89
Average Days on Market
71
Properties for Sale
Calculations provided by Reliance Network

331 Grandwood Drive History

Date Event Value Agent
6/15/2026Source: elevateMLS Added to Database
May 29, 2026