Welcome to the Wood-Peterson House! This ICONIC 1951 MIDCENTURY MODERN MASTERPIECE is a one-of-a-kind home designed by renowned architect ELIZABETH WRIGHT INGRAHAM (granddaughter of famed architect Frank Lloyd Wright), nestled on an incredibly PRIVATE 1.5+ acre lot with inspiring PIKES PEAK VIEWS. As you pull up to this property, you have no idea what you're in store for once you step inside! Showcasing the best of midcentury design, this home offers WORLD CLASS VIEWS, and brings the outdoors in through its design. The residence has a sprawling MULTILEVEL floorplan with multiple living spaces, 4 bedrooms & 3 baths. Off the foyer at the main entrance is a casual sitting room (formerly a charming art studio) attached to the Primary Suite with wall-to-wall bookshelves and an en-suite bath. As you proceed through the home toward the Living Room, take a moment to appreciate the front & center Pikes Peak view, the stone and concrete walls, and the architectural details everywhere you turn. In the lower level Living Room, notice the built-in seating, wood burning fireplace with copper hood, and concrete floors. The adjacent dining area has built-in display shelves and drawers - all original! The large kitchen windows overlook an outdoor raised planter and the large patio. Bedroom #2 is a small suite with en suite bath, built-in desk/vanity, bookshelves and sweeping views. Bedrooms 3 & 4 are at the other end of the home, along with a casual Family Room with wood stove. It's less than 5 minutes to downtown, the Old North End or Old Colorado City, with easy access to I25, however you'll feel like you are a world away. Recent upgrades include a NEW ROOF (2022), NEW GAS LINE TO HOME (2017), SEPTIC (2015) and NEW FURNACE (2016). This property has only been for sale ONCE before - truly a rare opportunity to own a PIECE OF COLORADO SPRINGS ARCHITECTURAL HISTORY. You've never seen a home like this! ***See uploaded video tour & 3D tour, plus add'l documents with even more details.
Offered By
Monica Shea monica@PeakHomeSearch.com,719-659-2613, Keller Williams Clients Choice Realty
Utility FeaturesElectricity Available, Cable Available
SEWERSeptic, Septic Tank
WATER SOURCECity Water
Year Built1951
BasementPartial, Walk-Out Access
FINISHED BASEMENT SIZE0.0
ARCHITECTURAL STYLERanch
RoofRubber, Other
FencePartial
Lot FeaturesCul-De-Sac, Abuts Public Open Space
Garage spaces2
CITYColorado Springs
SUBDIVISIONTHE TERRACE
COUNTYEl Paso
AREAOut of Area
STATECO
SENIOR COMMUNITYNo
TAX AMOUNT1702.0
LATEST UPDATE2025-06-06T17:21:36.783Z
DAYS ON MARKET1
PRICE CHANGE(S)
$1,200,000 May 23, 2025
Market Trends
New Properties On Market
16
78%
Increase In New Listings
Average Asking Price
$600,002
$72,569 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$234
$40 Increase In List Price/Sq. Ft.
Average Days On Market
9
29 Day
Decrease In Days On Market
Data as of Jun 08, 2025.
Remaining statistics above are calculated on activity within the period from Apr 01, 2025 to May 31, 2025.
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