Penrose Real Estate | Penrose 2 Bathroom Properties for Sale

Located in Penrose, this 3-bedroom, 2-bath home sits on approximately half an acre and offers plenty of usable space inside and out. The home is purged to the land, providing the benefit of real property status. Outside, the property features an oversized garage along with two additional storage sheds, offering plenty of room for vehicles, tools, equipment, or hobbies. The larger lot provides additional outdoor space with room for parking, storage, gardening, or other uses. Conveniently located next to the Penrose Community Library and close to local amenities, with easy access to Highway 50 for travel throughout the area. A well-rounded property with a half-acre lot, useful outbuildings, and a convenient Penrose location.

33 7th Ave, Penrose

Courtesy of Century 21 Community First . erick@firstcolorado.com,614-440-9031

$172,500

4 Beds ⋅ 2 Baths ⋅ 3661644 MLS

Enjoy 4.28 acres of usable land in a convenient Penrose location! Large, mature trees are spread throughout the property, providing plenty of shade, privacy, and an established country setting. With ample room for horses, animals, gardens, or a hobby farm, this property offers plenty of opportunities to make the land your own. The purged home features four bedrooms, two bathrooms, a spacious living area, and a small enclosed porch for additional usable space. City water and a newer septic system installed approximately two years ago add to the property’s appeal. If you’re looking for acreage, mature trees, and room to spread out, this Penrose property is worth a look!

660 M St, Penrose

Courtesy of HomeSmart Preferred Realty . ksjkkeller@gmail.com,719-415-9998

$499,910

2 Beds ⋅ 2 Baths ⋅ 4031182 MLS

Welcome to “LA MILPA,” a truly one-of-a-kind Earthship home on 40.23 private acres in Penrose! Built in 1994, this remarkable 3,022 sq ft home with 2 bedrooms, 1 full & 1 three-quarter bath blends passive-solar design, earth-sheltered construction and renewable energy with warm Southwestern character with A NEW ROOF TO BE INSTALLED! A long wall of south-facing glass fills the home with natural light, while the opposite side is sheltered by the earth and thick walls incorporate earth-packed tires and repurposed materials beneath the stucco finish. Inside, discover beautiful wood ceilings, tile floors, skylights with built-in blinds, architectural planters, 2 Kiva-style fireplaces, a Stow’s Duplex wood-burning stove, Family Room, Office/Den and spacious Kitchen with Sun Frost refrigerator and propane range. Solar with battery backup works alongside the Black Hills Energy grid, with a wind generator also present. Outside, enjoy a courtyard with pergola & Horno pizza/bread oven, 2-car garage/workshop, 2 chicken coops, 2 sheds and an underground cellar. The separate “Lavender Cottage” offers an additional 640 sq ft studio/retreat (included in total above grade sq ft) with exposed beams, skylights, propane heat, screened covered patio/sunroom and space for a future bath & mini kitchen—opening possibilities for guests, extended family or potential rental use, subject to applicable requirements. Private well & septic. Ownership includes a 1/44th interest in approximately 36-acre Rathke Park for additional recreation. This Byway of Colorado makes perfect location for commuting to Colorado Springs, Pueblo, or Canon City, in roughly 30 mins each way, while still enjoying peaceful country living. The private setting becomes even more magical after sunset with spectacular night skies and, at times, views of the Milky Way! La Milpa is not simply a home— it is an opportunity to experience a completely different way of living with the land.

107 Bowie Rd, Penrose

Courtesy of Home Town Real Estate Of Canon City .

$485,000

3 Beds ⋅ 2 Baths ⋅ 3387400 MLS

This custom-built home offers a spacious, open floor plan with plenty of warmth and character throughout. Beautiful eucalyptus wood floors, solid six-panel doors, and cathedral ceilings give the main living areas an open and inviting feel. The large kitchen features rustic hickory cabinets, granite countertops, a pantry, and plenty of room to cook and gather. The primary suite includes a walk-in closet and a roomy bathroom with a walk-in shower. This all-electric home also has solar panels that help keep electric costs very low. Outside, you’ll find an oversized two-car garage, a large covered patio, a fenced backyard, RV parking, a greenhouse with a frost-free hydrant, and an additional storage building. There’s plenty of space here to enjoy the outdoors, take in the views, and settle into a home that has been thoughtfully built and cared for.

1407 Top Notch Trl, Penrose

Courtesy of Real Broker, LLC DBA Real . carla@cominghomerealtypros.com,719-792-1111

$485,000

3 Beds ⋅ 2 Baths ⋅ 9775802 MLS

This custom-built home offers a spacious, open floor plan with plenty of warmth and character throughout. Beautiful eucalyptus wood floors, solid six-panel doors, and cathedral ceilings give the main living areas an open and inviting feel. The large kitchen features rustic hickory cabinets, granite countertops, a pantry, and plenty of room to cook and gather. The primary suite includes a walk-in closet and a roomy bathroom with a walk-in shower. This all-electric home also has solar panels that help keep electric costs very low. Outside, you’ll find an oversized two-car garage, a large covered patio, a fenced backyard, RV parking, a greenhouse with a frost-free hydrant, and an additional storage building. There’s plenty of space here to enjoy the outdoors, take in the views, and settle into a home that has been thoughtfully built and cared for.

1407 Top Notch Trl, Penrose

Courtesy of Real Broker, LLC .

$475,000

3 Beds ⋅ 2 Baths ⋅ 7862162 MLS

Experience the best of country living just minutes from town. Perfectly situated between Cañon City and Pueblo near Penrose, this private 10-acre retreat offers versatility, wide-open space, and beautiful mountain views. The fully fenced acreage is ideal for horses or livestock and includes a loafing shed/barn for shelter. A seasonal stream with a natural pool meanders through one corner of the property, adding charm, tranquility, and a rare natural feature. The freshly painted 2- bedroom, 2-bath home (with a non-conforming third bedroom) is designed for efficiency, boasting exceptionally low utility costs. The property is serviced by a well equipped with a water-treatment system, ensuring a reliable potable water supply, and multiple hydrants are conveniently located throughout the acreage. Take in the sweeping vistas from the expansive 10' x 28' covered porch, or make use of the large concrete pad—ideal for gatherings, recreation, or future expansion. A long private driveway leads to a spacious 32' x 34' detached 2-car garage, perfect for vehicles, equipment, and storage. The well pump and water-treatment system are thoughtfully housed inside for added protection. Livestock enthusiasts will appreciate the 24' x 40' animal shelter with an attached 16' x 40' leanto, complete with corrals and extra fence panels. Also, an additional 24' x 40' insulated shop with a concrete floor provides excellent space for tools, projects, or hobbies, while its attached leanto offers additional covered parking or equipment storage. For outdoor recreation, the property includes a substantial berm ideal for target practice. With its blend of privacy, functionality, and natural beauty, this property is brimming with potential and ready to welcome your vision of country living.

340 12th St, Penrose

Courtesy of Sweet Homes Realty . gaylordsweethomes@gmail.com,719-429-1267

$275,000

3 Beds ⋅ 2 Baths ⋅ 7510447 MLS

Charming 3-bedroom, 1.5-bath home in a desirable central Penrose location. Conveniently situated within walking distance of the park, this property features new flooring and fresh interior paint, offering a move-in-ready opportunity. The spacious, fenced backyard offers ample room for outdoor enjoyment and showcases beautiful views. An excellent value with great potential for homeowners and investors alike.

474 Grant St, Penrose

Courtesy of HomeSmart Preferred Realty . sam@banningteam.com,719-458-1345

$535,000

3 Beds ⋅ 2 Baths ⋅ 2880809 MLS

Surrounded by mountain views and open skies, this well-maintained ranch-style home offers the convenience of true main-level living on a level, usable property designed for both comfort and flexibility. Daily living is effortless with the primary living areas, laundry, and mechanical systems all located on the main floor. The spacious living room features vaulted ceilings, a gas fireplace, and transom windows that fill the home with natural light. Just beyond, the bright dining area creates a welcoming space for everyday meals and larger gatherings. The kitchen offers extensive custom wood cabinetry, generous counter space, stainless steel appliances, and a highly functional layout with abundant storage. The primary suite enjoys direct access to the backyard patio through a newer Andersen sliding door, while an additional slider off the dining area creates a seamless connection between indoor and outdoor living spaces. Outside, the property's level acreage offers exceptional versatility. The large circular driveway provides convenient access and ample room for guests, RVs, trailers, campers, and equipment. Mountain views can be enjoyed from both the front and rear of the property, while the backyard patio creates an inviting space for relaxing, entertaining. The oversized garage is a standout feature, complete with custom-built workbenches, extensive storage, bright lighting, and durable flooring—ideal for hobbies, projects, or organization. Solar panels help improve energy efficiency and contribute to long-term utility savings. The unfinished basement provides significant storage and future expansion opportunities, featuring a roughed-in bathroom and partitioned areas that could accommodate additional bedrooms, office space, a recreation room, or expanded living quarters. Located in an area known for larger parcels and rural character, the property offers the flexibility many buyers are seeking, including space for horses and animals.

116 Top Notch Trl, Penrose

Courtesy of Pulse Real Estate Group LLC . coddingtonscott@gmail.com,719-238-3536

$519,999

3 Beds ⋅ 2 Baths ⋅ 4487813 MLS

Welcome home to this beautifully updated stucco ranch-style property situated on 10 peaceful acres in Penrose, Colorado. Offering 3 bedrooms and 2 bathrooms, this home combines modern upgrades with country charm and exceptional energy efficiency. Inside, you'll find fresh paint, updated ceiling fans, smart lighting, and a fully remodeled bathroom. Major system updates provide peace of mind, including a brand-new heat pump and A/C, a 2022 water heater, and a 2023 energy-certified wood-burning fireplace. The exterior is equally impressive with a durable 2023 metal roof, solar power system, and new windows installed in 2023, helping maximize comfort and efficiency year-round. Whether you're looking for room for animals, outdoor recreation, or simply space to enjoy Colorado's wide-open skies, this 10-acre property offers endless possibilities. Experience the perfect blend of modern convenience, energy-conscious living, and rural tranquility.

1747 16th St, Penrose

Courtesy of The Cutting Edge . 720-425-0851

$249,000

3 Beds ⋅ 2 Baths ⋅ 6039342 MLS

Endless Possibilities on 9 Acres in Penrose! Discover the perfect blend of country living and future opportunity. Situated on approximately 9 acres, this property offers abundant space for horses, hobby farming, recreation, or simply enjoying the peaceful Colorado lifestyle with panoramic mountain and rural views. Beyond its existing residential appeal, this property presents exciting investment potential. With its location and generous acreage, buyers may wish to explore the possibility of subdivision or future commercial development, subject to Fremont County planning, zoning, and approval requirements. Whether you're looking for a private estate, an income-producing investment, or land with long-term upside, this property offers flexibility that is becoming increasingly difficult to find. Conveniently located with easy access to Highway 50 and Colorado Springs, Penrose continues to experience steady growth, making this a unique opportunity to own acreage with both immediate enjoyment and future potential. Buyer to verify all information, including zoning, land use, subdivision potential, and any future development possibilities with Fremont County.

685 7th St, Penrose

Courtesy of Fathom Realty Colorado LLC . 777Roselle@gmail.com,720-301-5413

$619,000

3 Beds ⋅ 2 Baths ⋅ 242134 MLS

Updated Brick Rancher on 4.72 Acres with Water Rights & Horse Facilities. Welcome to this beautifully updated brick rancher offering just under 3,600 finished square feet one one parcel totaling 4.72 acres. The open-concept main level features gleaming hardwood floors throughout and a stunning kitchen with granite countertops, tile backsplash, custom cabinetry, black stainless appliances, and counter seating — perfect for entertaining. There are 3 bedrooms and 2 baths on the main level while the fully finished basement offers abundant room to grow. Outside, this property is a true equestrian and hobby-farm dream: fully fenced and cross-fenced for hay production, grazing, and horses, with a barn, corral fencing, and a riding arena already in place. Water is no concern here. The property includes 4 shares of Beaver Park water, a connected Penrose water tap AND a private well, a rare combination that offers exceptional flexibility for irrigation, livestock, and future use. Whether you're looking to run horses, grow hay, or simply enjoy space and privacy without sacrificing modern comforts, this property delivers it all. This property can be purchased with the adjacent parcel to have 9.44 acres and a total of 9 shares of Beaver Park Water. Schedule your private showing today!

1400 K St, Penrose

Courtesy of RE/MAX Associates .

$470,000

3 Beds ⋅ 2 Baths ⋅ 10065393 MLS

Welcome to spacious Colorado living in desirable Top Rail Ranch Estates in the town of Penrose! Situated on 2.79 acres, this well-appointed ranch-style home offers comfortable one-level living with 3 bedrooms, 2 bathrooms, an attached 2-car garage, and plenty of room to enjoy the outdoors. Built in 2007, the home features a thoughtfully designed split-bedroom floor plan, with the private primary suite separated from the additional bedrooms. The spacious primary bedroom includes a walk-in closet and five-piece bath, creating a comfortable retreat at the end of the day. At the heart of the home, the kitchen features beautiful granite countertops, stainless steel appliances, and a convenient breakfast bar with plenty of space for gathering and everyday living. Comfort is covered year-round with radiant in-floor heat, central air conditioning, a wood-burning stove, and a tankless water heater. Outside, the 2.79-acre property offers an RV hookup, garden shed, Connex metal storage container, and the space and versatility that make Colorado country living so appealing. Enjoy the privacy and breathing room of acreage living while still being conveniently located in Penrose. This Top Rail Ranch Estates property offers a wonderful combination of space, comfort, storage, and single-level living.

2050 15th St, Penrose

Courtesy of Homesmart Preferred Realty .

$172,500

4 Beds ⋅ 2 Baths ⋅ 1281696 MLS

Enjoy 4.28 acres of usable land in a convenient Penrose location! Large, mature trees are spread throughout the property, providing plenty of shade, privacy, and an established country setting. With ample room for horses, animals, gardens, or a hobby farm, this property offers plenty of opportunities to make the land your own. The purged home features four bedrooms, two bathrooms, a spacious living area, and a small enclosed porch for additional usable space. City water and a newer septic system installed approximately two years ago add to the property’s appeal. If you’re looking for acreage, mature trees, and room to spread out, this Penrose property is worth a look!

660 M St, Penrose

Courtesy of Homesmart Preferred Realty .

$275,000

3 Beds ⋅ 2 Baths ⋅ 9365914 MLS

Charming 3-bedroom, 1.5-bath home in a desirable central Penrose location. Conveniently situated within walking distance of the park, this property features new flooring and fresh interior paint, offering a move-in-ready opportunity. The spacious, fenced backyard offers ample room for outdoor enjoyment and showcases beautiful views. An excellent value with great potential for homeowners and investors alike.

474 Grant St, Penrose

Courtesy of Homesmart Preferred Realty .

$249,000

3 Beds ⋅ 2 Baths ⋅ 3419959 MLS

Endless Possibilities on 9 Acres in Penrose! Discover the perfect blend of country living and future opportunity at 685 7th Street, Penrose, Colorado. Situated on approximately 9 acres, this property offers abundant space for horses, hobby farming, recreation, or simply enjoying the peaceful Colorado lifestyle with panoramic mountain and rural views. Beyond its existing residential appeal, this property presents exciting investment potential. With its location and generous acreage, buyers may wish to explore the possibility of subdivision or future commercial development, subject to Fremont County planning, zoning, and approval requirements. Whether you're looking for a private estate, an income-producing investment, or land with long-term upside, this property offers flexibility that is becoming increasingly difficult to find. Conveniently located with easy access to Highway 50 and Colorado Springs, Penrose continues to experience steady growth, making this a unique opportunity to own acreage with both immediate enjoyment and future potential. Buyer to verify all information, including zoning, land use, subdivision potential, and any future development possibilities with Fremont County.

685 7th St, Penrose

Courtesy of Real Broker, Llc .

$475,000

3 Beds ⋅ 2 Baths ⋅ 241560 MLS

Experience the best of country living just minutes from town. Perfectly situated between Canon City and Pueblo near Penrose, this private 10-acre retreat offers versatility, wide-open space, and beautiful mountain views. The fully fenced acreage is ideal for horses or livestock and includes a loafing shed/barn for shelter. A seasonal stream with a natural pool meanders through one corner of the property, adding charm, tranquility, and a rare natural feature. The freshly painted 2- bedroom, 2-bath home (with a non-conforming third bedroom) is designed for efficiency, boasting exceptionally low utility costs. The property is serviced by a new water heater, well with a new well pump, equipped with a new water-treatment system, ensuring a reliable potable water supply, and multiple hydrants are conveniently located throughout the acreage. House also has a new ac/furnace system. Take in the sweeping vistas from the expansive 10' x 28' covered porch, or make use of the large concrete pad—ideal for gatherings, recreation, or future expansion. A long private driveway leads to a spacious 32' x 34' detached 2-car garage, perfect for vehicles, equipment, and storage. The well pump and water-treatment system are thoughtfully housed inside for added protection. Livestock enthusiasts will appreciate the 24' x 40' animal shelter with an attached 16' x 40' leanto, complete with corrals and extra fence panels. Also, an additional 24' x 40' insulated shop with a concrete floor provides excelle

340 12th St, Penrose

Courtesy of Sweet Homes Realty .

$275,000

3 Beds ⋅ 2 Baths ⋅ 240949 MLS

Charming 3-bedroom, 1.5-bath home in a desirable central Penrose location. Conveniently situated within walking distance of the park, this property features new flooring and fresh interior paint, offering a move-in-ready opportunity. The spacious, foncerd h fenced backyard offers ample room for outdoor enjoyment and showcases beautiful views. An excellent value with great potential for homeowners and investors alike.

474 Grant St, Penrose

Courtesy of HomeSmart Preferred Realty .

$275,000

3 Beds ⋅ 2 Baths ⋅ 6245939 MLS

Five acres of wide open Colorado ground with no HOA and no restrictions gives you the kind of freedom that's getting harder to find. The land is partially fenced and ready for animals, a garden, or simply the quiet of open space. A dedicated RV pad with hookup means your rig has a proper home. And Colorado mountain views come standard — the kind that remind you every morning why you made the move. The home is a 3-bedroom, 2-bathroom manufactured home at 1,280 square feet, built in 2002 and move-in ready. It's a comfortable, livable space with room to personalize over time — solid bones, plenty of potential, and land that more than carries its weight. Rural living doesn't have to mean remote. Penrose puts you within easy commuting distance of Cañon City, Pueblo, and Colorado Springs — so you get the wide open spaces without giving up everyday conveniences. Affordable rural property with acreage, mountain views, and room for animals or recreational toys doesn't sit long in this market. If this checks your boxes, schedule a showing before someone else does.

561 County Road 132, Penrose

Courtesy of Keller Williams Performance Realty .

$389,900

3 Beds ⋅ 2 Baths ⋅ 1662143 MLS

Brand new construction on 4.94 acres in Penrose. This beautifully designed 3-bedroom, 2-bath home features a desirable split-bedroom floor plan that offers privacy and comfort. The spacious primary suite includes an adjoining bathroom with dual vanities, and an expansive tiled shower. The kitchen is equipped with granite countertops, an island with breakfast bar, and plenty of cabinet space, making it ideal for both everyday living and entertaining. The new stainless steel kitchen appliances will be included. The dining area provides a slider to the rear concrete patio, perfect for enjoying the peaceful surroundings and expansive acreage. The primary bedroom and living room have convenient plug ins for TVs. Additional features include a 2-car attached finished garage, no maintenance exterior with stucco, metal soffits and stone accents, cultured marble window seals, granite counters in the bathrooms and central air conditioning. Enjoy the benefits of country living while remaining close to amenities, school and park in the heart of Penrose!

776 S Broadway Na, Penrose

Courtesy of All Seasons Llc .

$389,900

3 Beds ⋅ 2 Baths ⋅ 240827 MLS

Brand new construction on 4.94 acres in Penrose. This beautifully designed 3-bedroom, 2-bath home features a desirable split-bedroom floor plan that offers privacy and comfort. The spacious primary suite includes an adjoining bathroom with dual vanities, and an expansive tiled shower. The kitchen is equipped with granite countertops, an island with breakfast bar, and plenty of cabinet space, making it ideal for both everyday living and entertaining. The new stainless steel kitchen appliances will be included. The dining area provides a slider to the rear concrete patio, perfect for enjoying the peaceful surroundings and expansive acreage. The primary bedroom and living room have convenient plug ins for TVs. Additional features include a 2-car attached finished garage, no maintenance exterior with stucco, metal soffits and stone accents, cultured marble window seals, granite counters in the bathrooms and central air conditioning. Enjoy the benefits of country living while remaining close to amenities, school and park in the heart of Penrose!

776 S Broadway, Penrose

Courtesy of All Seasons LLC. .

$775,000

2 Beds ⋅ 2 Baths ⋅ 240592 MLS

Situated on over 73 acres across two parcels, this exceptional Colorado ranch property offers a rare combination of privacy, recreation, and future development potential. The cozy 2-bedroom, 2-bath ranch home features a covered front deck with stunning views of Table Mountain and the Beaver Creek Wilderness Area, a grid-tied solar system for low utility costs, and a newer pellet stove for year-round comfort.New windows and Luxury Vinyl Plank in the bedrooms. A 10gpm well with a cistern and commercial reverse osmosis system insures pure clean water. The property is fully equipped for ranching or hobby farming with a 30x40 insulated garage/shop, a 30x46 insulated barn, livestock facilities, multiple storage sheds, partial fencing, and an electronic security gate. The second parcel has been thoughtfully prepared as a future dream-home site with underground power, completed septic perk testing. With breathtaking views of dramatic red rock formations and the snow-capped Sangre de Cristo Mountains, plus easy access to fishing, horseback riding, hiking, and trout-filled Beaver Creek, this is a truly unique opportunity to own a well-improved mountain ranch retreat.

8200 County Road 132, Penrose

Courtesy of HomeSmart Preferred Realty .

$535,000

3 Beds ⋅ 2 Baths ⋅ 6303050 MLS

Surrounded by mountain views and open skies, this well-maintained ranch-style home offers the convenience of true main-level living on a level, usable property designed for both comfort and flexibility. Daily living is effortless with the primary living areas, laundry, and mechanical systems all located on the main floor. The spacious living room features vaulted ceilings, a gas fireplace, and transom windows that fill the home with natural light. Just beyond, the bright dining area creates a welcoming space for everyday meals and larger gatherings. The kitchen offers extensive custom wood cabinetry, generous counter space, stainless steel appliances, and a highly functional layout with abundant storage. The primary suite enjoys direct access to the backyard patio through a newer Andersen sliding door, while an additional slider off the dining area creates a seamless connection between indoor and outdoor living spaces. Outside, the property's level acreage offers exceptional versatility. The large circular driveway provides convenient access and ample room for guests, RVs, trailers, campers, and equipment. Mountain views can be enjoyed from both the front and rear of the property, while the backyard patio creates an inviting space for relaxing, entertaining. The oversized garage is a standout feature, complete with custom-built workbenches, extensive storage, bright lighting, and durable flooring—ideal for hobbies, projects, or organization. Solar panels help improve energy efficiency and contribute to long-term utility savings. The unfinished basement provides significant storage and future expansion opportunities, featuring a roughed-in bathroom and partitioned areas that could accommodate additional bedrooms, office space, a recreation room, or expanded living quarters. Located in an area known for larger parcels and rural character, the property offers the flexibility many buyers are seeking, including space for horses and animals.

116 Top Notch Trl, Penrose

Courtesy of Pulse Real Estate Group Llc .

$475,000

3 Beds ⋅ 2 Baths ⋅ 6953232 MLS

Experience the best of country living just minutes from town. Perfectly situated between Canon City and Pueblo near Penrose, this private 10-acre retreat offers versatility, wide-open space, and beautiful mountain views. The fully fenced acreage is ideal for horses or livestock and includes a loafing shed/barn for shelter. A seasonal stream with a natural pool meanders through one corner of the property, adding charm, tranquility, and a rare natural feature. The freshly painted 2-bedroom, 2-bath home (with a non-conforming third bedroom) is designed for efficiency, boasting exceptionally low utility costs. The property is serviced by a new water heater, well with a new well pump, equipped with a new water-treatment system, ensuring a reliable potable water supply, and multiple hydrants are conveniently located throughout the acreage. House also has a new ac/furnace system. Take in the sweeping vistas from the expansive 10' x 28' covered porch, or make use of the large concrete pad—ideal for gatherings, recreation, or future expansion. A long private driveway leads to a spacious 32' x 34' detached 2-car garage, perfect for vehicles, equipment, and storage. The well pump and water-treatment system are thoughtfully housed inside for added protection. Livestock enthusiasts will appreciate the 24' x 40' animal shelter with an attached 16' x 40' leanto, complete with corrals and extra fence panels. Also, an additional 24' x 40' insulated shop with a concrete floor provides excellent space for tools, projects, or hobbies, while its attached leanto offers additional covered parking or equipment storage. For outdoor recreation, the property includes a substantial berm ideal for target practice. With its blend of privacy, functionality, and natural beauty, this property is brimming with potential and ready to welcome your vision of country living.

340 12th St, Penrose

Courtesy of Sweet Homes Realty .

$249,900

3 Beds ⋅ 2 Baths ⋅ 6656031 MLS

Welcome to this well-maintained manufactured home set on a spacious one-acre lot in Penrose, Colorado, with Public/City Water offering endless possibilities for your rural lifestyle. With a convenient circular driveway and some cross-fencing already in place, this property provides an ideal setting for your aspirations—whether it’s raising animals, tending to horses, or having a spot for all of you extra things. The generous outdoor space enhances the value of this home, giving you room to roam, garden, or even build your own workshop. Inside, the thoughtfully designed floor plan is filled with natural light and features three comfortable bedrooms and two bathrooms. The master suite stands out with its large bedroom, expansive walk-in closet, and spacious master bathroom. The open-concept living area seamlessly connects to the kitchen, making it perfect for entertaining or family gatherings. For those summer evenings, relax in the sunroom or on large the covered deck, ideal for enjoying the fresh air and mountain views. This affordable home isn’t just a place to live; it’s an opportunity to embrace the country lifestyle you’ve always desired. Located close to Highway 115 with easy access to Colorado Springs and Pueblo, don’t miss the chance to make it yours!

550 4th St, Penrose

Courtesy of Real Broker, LLC .

$775,000

2 Beds ⋅ 2 Baths ⋅ 6735100 MLS

Situated on over 73 acres across two parcels, this exceptional Colorado ranch property offers a rare combination of privacy, recreation, and future development potential. The cozy 2-bedroom, 2-bath ranch home features a covered front deck with stunning views of Table Mountain and the Beaver Creek Wilderness Area, a grid-tied solar system for low utility costs, and a newer pellet stove for year-round comfort.New windows and Luxury Vinyl Plank in the bedrooms. A 10gpm well with a cistern and commercial reverse osmosis system insures pure clean water. The property is fully equipped for ranching or hobby farming with a 30x40 insulated garage/shop, a 30x46 insulated barn, livestock facilities, multiple storage sheds, partial fencing, and an electronic security gate. The second parcel has been thoughtfully prepared as a future dream-home site with underground power, completed septic perk testing. With breathtaking views of dramatic red rock formations and the snow-capped Sangre de Cristo Mountains, plus easy access to fishing, horseback riding, hiking, and trout-filled Beaver Creek, this is a truly unique opportunity to own a well-improved mountain ranch retreat.

8200 County Road 132, Penrose

Courtesy of Homesmart Preferred Realty .

$490,000

3 Beds ⋅ 2 Baths ⋅ 3075218 MLS

Horse property with nearly four acres, mountain views, and room for RVs, animals, and hobbies—this Penrose property offers the space and freedom many buyers are searching for. Located just 35 minutes from Colorado Springs and about 25 minutes to Pueblo or Cañon City, you can enjoy peaceful rural living while staying close to city conveniences. The attractive stucco home welcomes you with a courtyard-style entry and an open main-level living layout featuring vaulted ceilings, abundant natural light, and spacious living and dining areas that make the home feel larger than its footprint. The kitchen has been updated with generous cabinet and counter space, creating a functional and inviting space for daily living and entertaining. The bathrooms have also been tastefully updated, giving the home a refreshed and comfortable feel. Recent improvements provide added efficiency and peace of mind, including a brand new evaporative cooler, new insulation, an updated 100-amp electrical panel, and a radon mitigation system. Solar panels have been installed and will be fully paid off at closing, offering energy savings for the next owner. Outside, the property is set up for a variety of rural lifestyles. The nearly four-acre parcel includes a four-stall barn, detached workshop, and large garage with plenty of room for tools, equipment, and recreational vehicles. RV parking with hookups make it easy to host guests or store your rig. For hobbyists or those needing additional power, 220V service is available in both the sunroom and the detached garage. A hot tub hookup is also ready for relaxing evenings under Colorado’s wide-open skies. Additional highlights include an owned propane tank that will transfer with the property, expansive neighboring parcels that enhance the sense of privacy, and plenty of space for horses, animals, and outdoor living. Enjoy the quiet beauty of country living while remaining within easy reach of nearby cities, amenities, and Fort Carson.

575 11th St, Penrose

Courtesy of Home at 6035 LLC .

$535,000

3 Beds ⋅ 2 Baths ⋅ 240426 MLS

Surrounded by mountain views and open skies, this well-maintained ranch-style home offers the convenience of true main-level living on a level, usable property designed for both comfort and flexibility. Daily living is effortless with the primary living areas, laundry, and mechanical systems all located on the main floor. The spacious living room features vaulted ceilings, a gas fireplace, and transom windows that fill the home with natural light. Just beyond, the bright dining area creates a welcoming space for everyday meals and larger gatherings. The kitchen offers extensive custom wood cabinetry, generous counter space, stainless steel appliances, and a highly functional layout with abundant storage. The primary suite enjoys direct access to the backyard patio through a newer Andersen sliding door, while an additional slider off the dining area creates a seamless connection between indoor and outdoor living spaces. Outside, the property's level acreage offers exceptional versatility. The large circular driveway provides convenient access and ample room for guests, RVs, trailers, campers, and equipment. Mountain views can be enjoyed from both the front and rear of the property, while the backyard patio creates an inviting space for relaxing, entertaining. The oversized garage is a standout feature, complete with custom-built workbenches, extensive storage, bright lighting, and durable flooring—ideal for hobbies, projects, or organization. Solar panels help improve energy e

116 Top Notch Trl, Penrose

Courtesy of Pulse Real Estate Group Llc .

$630,000

4 Beds ⋅ 2 Baths ⋅ 239534 MLS

Welcome to your Colorado dream home, a stunning 4-bedroom, 2-bath residence in Penrose that perfectly blends luxury living with unparalleled business potential. This property is a rare find for entrepreneurs and business owners, featuring a massive 2,057 sq. ft. climate-controlled workshop with dual mini-split units, a commercial roll-up door, and multiple 20-amp outlets. It is perfect for a home business hub, showroom, or workshop. The professional-grade infrastructure is further enhanced by new commercial gutters, an attached garage with custom epoxy flooring, and a detached 2.5-car garage wired with 230V. Inside, the home impresses with soaring ceilings, a striking spiral staircase leading to a spacious loft and private office, and a chef's kitchen boasting granite countertops, soft-close cabinetry, and premium Samsung appliances. The remodeled master suite offers a spa-like retreat with a nine-head rainfall shower, while mirrored tinted windows and two fireplaces ensure year-round efficiency and comfort. Securely monitored by a Ring camera system, the exterior features an oversized Trex deck, a vibrant garden with a new gazebo, a grilling station, and an AstroTurf dog run. Strategically located just 25 minutes from Colorado Springs and Pueblo, this exceptional property offers the ultimate live-work sanctuary for those ready to scale their operations without leaving home.

855 5th St, Penrose

Courtesy of Real Broker, LLC DBA REAL .

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