Mathematical results that were generally accepted but later proven wrong?
Solution 1:
Copying the crucial paragraph from my answer here, concerning a result claimed by Kurt Gödel in a 1933 paper:
Mathematicians took Gödel's word for it, and proved results derived from this one, until the mid-1960s, when Stål Aanderaa realized that Gödel had been mistaken, and the argument Gödel used would not work. In 1983, Warren Goldfarb showed that not only was Gödel's argument invalid, but his claimed result was actually false.
This isn't elementary enough to show to your calc students, but this example is really outstanding since it was accepted for so long, is so unequivocally wrong, and was committed by an undisputably first-rank mathematician.
Examples like this one are very unusual. Mathematics as a whole has a superb track record of not making this kind of mistake. Most of the examples one finds of “at first we thought $x$, but now we know that $x$ is wrong” are, when you look at them more closely, actually examples of “at first we thought $x$, but then we found a better way to understand the whole subject that $x$ is part of, and after we changed everything around we saw that the status of $x$ had changed.” One can look at an example of this type and say “This shows that mathematicians are sometimes wrong” and completely miss that there is something much more subtle and interesting happening. Imre Lakatos has a whole book, Proofs and Refutations, about this process, which some of your students might enjoy.
Solution 2:
While not along the lines of a traditional "theorem/proof," the calculation of $\pi$ by William Shanks in 1873 to 707 decimal places was actually only correct to 527 decimal places--and this error was demonstrated in 1944.
Source: http://en.wikipedia.org/wiki/William_Shanks
Solution 3:
A problem simple enough to be explained to undergraduats is the Malfatti circles: the solution provided by Malfatti is never the optimal one.
Solution 4:
This result didn't stand for long, but in 1847 a reputable mathematician claimed to have proven Fermat's Last Theorem but his proof relied (wrongly) on unique prime factorization in a particular ring. See Fermat's Last Theorem and Kummer's Objection