Penrose Real Estate | Penrose Properties for Sale

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 .

$400,000

2525451 MLS

This PREMIUM 83.54-acre property BORDERING MILES of BLM land offers an extraordinary blend of rolling meadows, steep forested hillsides, dramatic red rock formations, and breathtaking elevated views of the valley below. Private and secluded, it feels like your own personal Garden of the Gods, with endless opportunities to explore and enjoy the surrounding public lands right from your boundary. With no covenants or restrictions, you can camp while planning your dream home or getaway retreat. The property's natural beauty, abundant wildlife, and exceptional solar potential make it a rare find, and with POWER NOW INSTALLED, convenience and off-grid possibilities come together in one remarkable offering.

Lots 6.7 Lots 6.7 Iron Handle Road, Penrose

Courtesy of Homesmart Preferred Realty .

$635,000

3 Beds ⋅ 2 Baths ⋅ 4720347 MLS

Updated Brick Ranch on 4.7 Irrigated Acres with Horse Barn with adjacent 4.7 acre irrigated parcel for sale separately for $125,000, creating a rare opportunity to own a total of 9.4 irrigated acres in Fremont County. This well-maintained brick ranch in Penrose, Colorado, offers move-in-ready comfort on 9.4 irrigated acres, fenced, and cross-fenced acres, complete with a 30x30 horse barn, small corral, and shade trees. Inside, you’ll find 2950 sq ft with 1798 sf on the main level with real hardwood floors and a desirable split-bedroom layout plus a beautifully finished lower level rec room. The open-concept design flows from the living room to the dining area and fully remodeled kitchen featuring AristoKraft cabinets, granite counters, stainless steel appliances, and a glass cooktop. The spacious primary suite offers two walk-in closets and a beautifully updated ensuite bath. Two additional bedrooms and a second full bath are located on the opposite side of the home for privacy and flexibility. A finished basement provides a large rec room ideal for hobbies, a home theater, or extra living space. Comfort is ensured year-round with baseboard heat from a high-efficiency boiler and a roof-mounted evaporative cooler. A new roof was installed in 2021 as part of a full remodel. Solar array was installed in 2023. With a wood stove, a new on-demand hot water system, and updated boiler system ensure that your energy bills will be as low as can be. The acreage is ideal for livestock, gardening, or simply enjoying wide-open space. With its solid construction, thoughtful upgrades, and room to grow, this property offers the best of Colorado living; peaceful, spacious, and practical. Located just minutes from Florence, Canon City, and Pueblo, with Colorado Springs an easy drive away.

1400 K St, Penrose

Courtesy of Keller Williams Performance Realty .

$1,300,000

3 Beds ⋅ 3 Baths ⋅ 7957906 MLS

Beaver Creek Ranch is a stunning 108-Acres with an Adobe-Style Home, Arena, Barn & More! Tucked away off of Highway 115, down a private driveway, this 2,915 sf adobe-style home sits on 108 acres of ranch land, perfectly equipped for both equestrian and agricultural pursuits. This property offers endless opportunities—whether you're looking for a working ranch, private retreat, or multi-use estate. The main level of the home boasts classic adobe character with beautiful wood beams, tile flooring, and spacious living. A large family room, separate living room, dining room, laundry room, and a kitchen with a walk-in pantry create a functional and inviting layout. The master suite features a generous walk-through closet. New flooring enhances the living space. Upstairs, a third bedroom and full bathroom with its own outdoor entrance provides great flexibility—ideal for guests, rental, multi generational living or can be used as a craft room. The home is largely self-sufficient with 72 solar panels. Sweeping mountain views and a seasonal creek attract abundant wildlife, creating a peaceful, scenic backdrop. For equestrian enthusiasts, this ranch is truly horse-ready. It features a 300' x 155' riding arena, a 50' x 115' barn with 9 stalls, tack room & hay storage. A loafing shed & 4 corrals with shipping chute. Approximately 30 acres of irrigated hay field provide agricultural potential, with hay freshly baled in August. The property comes with 31 shares of irrigated water shares through Beaver Park Water. Additional income is generated by a discreet internet tower leased to SECOM, located out of sight on a near by bluff. There is also a shooting range at the back of the property. With its private setting & wide-open spaces and located just north of downtown Penrose, close to Canon City, Pueblo & Colorado Springs, this unique property is a rare gem!

18530 Hwy 115, Penrose

Courtesy of Homesmart .

$384,000

3 Beds ⋅ 2 Baths ⋅ 6732566 MLS

Discover your slice of paradise in this beautifully maintained 3 Bedroom, 2 Bath, move in ready manufactured home with over 2300 square feet of living space. Perfectly positioned on a serene mesa with 10 Acres of breathtaking landscapes, this property also includes an oversized detached three-car garage with an RV-sized bay and additional workspace providing ample room for vehicles and hobbies. The spacious floor plan features an open kitchen with a large island and tons of counter space that flows seamlessly into two generously sized living areas, one equipped with a cozy wood-burning stove, creating an inviting atmosphere for relaxation and entertainment. The luxurious master suite is one of a kind, complete with a huge master bath featuring a freestanding tub and dual sinks, perfect for unwinding after a long day. Enjoy magnificent mountain vistas and unforgettable sunsets from your patio, offering daily doses of natural beauty from every angle. Modern amenities include a new septic system, a new water purification system and a tankless hot water heater ensuring peace of mind along with a new hot tub for the next lucky owner. Located in a peaceful rural setting on a quiet dirt road, this property provides the perfect blend of privacy and quick accessibility to major highways heading to Colorado Springs, Pueblo, Canon City and Florence. This home is truly a gem—don't miss your chance to make it yours!

1376 B St, Penrose

Courtesy of Real Broker, LLC .

$54,500

6427881 MLS

Excellent 10-acre parcel in a unbelievably private location in Penrose Colorado, with big sky and mountain views! This 10-acres is being offered alongside the residential listing at 358 13th St, in addition to two other contiguous 10-acre parcels, for a total of 40 acres with all four 10-acre parcels combined. Includes some electric fencing, and is fenced and cross-fenced making it ideal for livestock grazing. Also set up with a 100-meter shooting range ready for responsible and safe target practice. Now is the time to escape the city and find your peace here in rural Penrose!

380 13th St, Penrose

Courtesy of Homesmart Preferred Realty .

$179,000

5328209 MLS

Kettle Canyon – New 36+ Acre Development Be among the first to claim your piece of this stunning new rural development featuring only five 36-acre parcels and one exclusive 80-acre parcel. Lot 4 BORDERS BLM and underground power has been installed.. Enjoy breathtaking panoramic views of the majestic 14,000-foot Sangre de Cristo Mountains and surrounding tree-covered peaks in one of Colorado’s most scenic valleys. The land features gently rolling grasslands dotted with a few trees — ideal for livestock, horses, camping, or building your dream retreat. Set up camp in the heart of your acreage and experience unmatched solitude, fresh mountain air, and wide-open skies. With no covenants and no HOA, you’ll enjoy true freedom, privacy, and peace in this remarkable setting. New recorded survey plat map is in the photos. iron handle Road is private and will have a road users agreement in place for maintenance.

Tbd Iron Handle, Penrose

Courtesy of Homesmart Preferred Realty .

$695,000

4 Beds ⋅ 4 Baths ⋅ 1132033 MLS

Located in prestigious Apple Valley Estates, the top subdivision in Penrose, this beautiful custom home is one of a kind. The property sits on a meticulously manicured, rectangular corner lot measuring 2.26 acres, featuring a productive apple orchard and irrigated grass hay fields, perfect for the hobby farmer. The grounds showcase mature fruit trees, tall pines, and beautifully established landscaping. A stucco wall fence borders the west side, while cross-fencing in the hay field makes it easy to graze animals. Two flagpoles stand in the xeroscaped front yard, ready for your choice of flags. Key features include an approximately 1,000-sq.-ft. ADU with a kitchenette, restroom, and dry sauna. There is a three-car garage with a rear tool area and an adjacent carport for equipment and toys. The main floor offers a spacious master bedroom (18 × 23 feet) with an attached 5-piece bath, a walk-in closet, and a huge patio. The main floor also has a guest bath, utility room, and covered entry porches on both the front and rear, with access from the west, south, and east. The rear porch doubles as a bright sunroom and features all-new double windows and a dramatic floor-to-ceiling bay window that floods the space with natural light. Upstairs you’ll find three additional bedrooms served by two baths (one full and one ¾). Flexible dining options include formal areas, or you can continue using the owners’ eat-in kitchen with quartz countertops. Downstairs, approximately 1,000 sq. ft. of unfinished basement space currently serves as 2 workshop rooms, complete with a large brick hearth and fireplace in a family-room-type setting. Additional conveniences include a puppy-fenced backyard off the back doors. The home is heated by natural-gas hot water with a newer boiler, and wood is already on hand for the master retreat and basement stove. All buildings, the home, and the stucco wall fence were freshly painted just two years ago. This is Apple Valley exactly as you dreamed it.

310 L St, Penrose

Courtesy of Properties Of Colorado Inc .

$100,000

5396495 MLS

Premier 2.78 acre lot in Top Rail Ranch Estates! Beautiful mountain views along with gorgeous sunrises and sunsets. Centrally located between Canon City, Pueblo & Colorado Springs. Protective covenants which will help protect your homes value. No HOA! Wide open spaces with room for your horses and RVs. Under ground utilities! Drive-by and see where your next dream home will be located!!

83 Top Rail Trl, Penrose

Courtesy of All Seasons Llc .

$110,000

8479911 MLS

Find your private escape at SPUR CROSS RANCH, a new 35-acre mountain subdivision with six exclusive parcels. Imagine waking up to sweeping views of the Arkansas River Valley and the Wet Mountain Range from your custom-built dream home. Each property offers abundant space and distinct natural features, ensuring privacy and tranquility. Located just a short drive from U.S. Highway 50 on County Road 67, this is the perfect balance of seclusion and convenience. The interior ranch roads are well graveled and accessible year-round, even in the wettest of rains. With agricultural status for the vacant land the current tases are stated to be $22.00 per parcel annually. The prices of the six different parcels varies - they are all 35 acre tracts priced individual or combined pricing for multiple lot purchases below. Parcels, 1 & 2 to be priced at $110,000.00 each without electricity. Parcel 3, to be priced at $180,000.00 with electricity installed to the property. Parcel 4, to be priced at $150,000.00 with electricity installed to the property. Parcel 5, to be priced at $130,000.00 with electricity installed to the property. Parcel 6 to be priced at $110,000.00 each without electricity. Parcels 1, 2 & 6 to be priced at $320,000.00 without electricity.

Tbd County Road 67, Penrose

Courtesy of Frontier West Realty .

$495,000

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 .

$125,000

3254044 MLS

This parcel is offered exclusively as a package with the adjacent 4.7-acre residential property MLS#4720347 , creating a rare opportunity to own a total of 9.4 irrigated acres in Fremont County. Discover the perfect opportunity to expand your rural lifestyle with this 4.7-acre irrigated parcel just outside Penrose, Colorado. Whether you're seeking more space for livestock, a productive hay field, or room to roam, this fully fenced property is ready to support your agricultural goals. With level terrain, quality soil, and a reliable irrigation source, the land is ideal for pasture, hay production, or 4-H projects, making it a great fit for hobby farmers, horse owners, or anyone looking to enjoy a little more elbow room in the countryside. Together, these parcels provide an outstanding foundation for a small farm or equestrian setup, with ample space for barns, corrals, gardens, and outdoor recreation. The combined acreage is cross-fenced for flexibility and ease of management. Located just minutes from Highway 50, this property offers a peaceful setting with easy access to Canon City, Pueblo, and Colorado Springs. Enjoy wide open skies, sweeping mountain views, and the freedom to live a rural lifestyle without sacrificing convenience. Whether you're planning to raise animals, grow crops, or simply enjoy the extra space, this irrigated land delivers the functionality and flexibility you’ve been looking for. Don’t miss this chance to secure additional acreage and create the lifestyle you’ve been dreaming of paired perfectly with the move-in ready home next door.

1442 K St, Penrose

Courtesy of Keller Williams Performance Realty .

$50,000

4869357 MLS

SMALL LOT BUT VERY VISIBLE

000 Hwy 115, Penrose

Courtesy of Properties Of Colorado Inc .

$179,000

8014486 MLS

Public Remarks: Kettle Canyon – New 36+ Acre Development Be among the first to claim your piece of this stunning new rural development featuring only five 36-acre parcels and one exclusive 80-acre parcel. Lot 5 offers access from County Road 132 onto Iron Handle Road and will now has power installed. It has pinons, junipers and rolling grass with unique red rock formations to explore. Enjoy breathtaking panoramic views of the surrounding tree-covered peaks in one of Colorado’s most scenic valleys. The land features gently rolling grasslands dotted with about 50% trees — ideal for livestock, horses, camping, or building your dream retreat. Set up camp in the heart of your acreage and experience unmatched solitude, fresh mountain air, and wide-open skies. With no covenants and no HOA, you’ll enjoy true freedom, privacy, and peace in this remarkable setting. Newly recorded survey plat map is in the photos. The best part is that it BORDERS MILES OF BLM!

Tbd Iron Handle, Penrose

Courtesy of Homesmart Preferred Realty .

$245,000

6397946 MLS

Welcome to LightSpring Property with 28 acres of fenced land. Features a non-sulfur 92 degree Hot Mineral Artesian Well flowing continuously from 980 feet below. The well boasts 75 gallons per minute adjudicated water right that is purposed for medicinal and irrigation. An annual 121 AF per year! Multiple possibilities including an excellent location for Solar and Wind farm/agrivoltiac/indoor therapy pool/ Permaculture/underground living site/Geothermal heated home and a Greenhouse! Brush Creek runs through the Southwesterly portion of the property. The owner allows responsible grazing that keeps taxes at a minimum. Easily visible from highway 50 on the north side. Just 12 miles east of Canon City and 1 mile west of of Highway 115 interchange. The south property line adjoins Highway 50 but currently does not have access. Deeded Access 30 Ft Easement that leads to the NE corner of property.

2 8th St, Penrose

Courtesy of Brady Realty .

$325,000

3 Beds ⋅ 2 Baths ⋅ 240445 MLS

Charming home in Penrose situated on a spacious 0.68-acre lot, offering privacy and room to enjoy the outdoors! There are 3 bedrooms, 2 bathrooms and and office. The kitchen features ample cabinetry with crown molding, tiled backsplash, and stainless-steel appliances. The dining room includes a built-in bar and additional cabinets. Beautiful plank tile throughout. Large living room with a slider to the backyard and another walkout from the office to the fenced courtyard with low-maintenance turf and a nice apricot tree—the perfect area for relaxing or entertaining. This property features a 1-car garage with a steel roof and a bonus 20-foot Conex box.

373 G St, Penrose

Courtesy of All Seasons LLC. .

$554,900

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 .

$554,900

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 Trail, Penrose

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

$695,000

4 Beds ⋅ 4 Baths ⋅ 240381 MLS

Located in prestigious Apple Valley Estates, the top subdivision in Penrose, this beautiful custom home is one of a kind. Originally built as a private resting place for the owner's clients, it sits on a meticulously manicured, corner rectangular lot featuring a productive apple orchard and irrigated grass hay fields, perfect for the hobby farmer. The grounds showcase mature fruit trees, tall pines, and beautifully established landscaping. A stucco fence borders the west side, while cross-fencing in the hay field makes it easy to graze animals. Two flagpoles stand proudly in front, ready for your choice of flags or those of your visitors. Key features include an approximately 1,000-sq.-ft. ADU with a kitchenette, restroom, and dry sauna. There is a three-car garage with a rear tool area and an adjacent carport for equipment and toys. The main floor offers a spacious master bedroom (18 23 feet) with an attached 5-piece bath and walk-in closet, plus a guest bath, utility room, and covered entry porches on both the front and rear, with access from the west, south, and east. Upstairs you'll find three additional bedrooms served by two baths (one full and one ). Flexible dining options include formal or informal areas, or you can continue using the owners' eat-in kitchen. The bright sunroom features all-new double-pane windows and a dramatic floor-to-ceiling bay window that floods the space with natural light. Downstairs, approximately 1,000 sq. ft. of unfinished basement space

310 L St, Penrose

Courtesy of Properties Of Colorado CC .

$695,000

4 Beds ⋅ 4 Baths ⋅ 9649000 MLS

Located in prestigious Apple Valley Estates, the top subdivision in Penrose, this beautiful custom home is one of a kind. Originally built as a private resting place for the owner’s clients, it sits on a meticulously manicured, corner rectangular lot featuring a productive apple orchard and irrigated grass hay fields, perfect for the hobby farmer. The grounds showcase mature fruit trees, tall pines, and beautifully established landscaping. A stucco fence borders the west side, while cross-fencing in the hay field makes it easy to graze animals. Two flagpoles stand proudly in front, ready for your choice of flags or those of your visitors. Key features include an approximately 1,000-sq.-ft. ADU with a kitchenette, restroom, and dry sauna. There is a three-car garage with a rear tool area and an adjacent carport for equipment and toys. The main floor offers a spacious master bedroom (18 × 23 feet) with an attached 5-piece bath and walk-in closet, plus a guest bath, utility room, and covered entry porches on both the front and rear, with access from the west, south, and east. Upstairs you’ll find three additional bedrooms served by two baths (one full and one ¾). Flexible dining options include formal or informal areas, or you can continue using the owners’ eat-in kitchen. The bright sunroom features all-new double-pane windows and a dramatic floor-to-ceiling bay window that floods the space with natural light. Downstairs, approximately 1,000 sq. ft. of unfinished basement space currently serves as a reloading room and workshop, complete with a large brick hearth and fireplace in a family-room setting. Additional conveniences include a puppy fence and the dog’s own private entrance off the back door. The home is heated by natural-gas hot water with a newer boiler, and wood is already on hand for the master retreat stove. All buildings, the home, and the stucco fence were freshly painted just two years ago. This is Apple Valley exactly as someone dreamed it and built it

310 L Street, Penrose

Courtesy of Properties of Colorado Real Estate Inc . properties@tysoncool.com

$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 Street, Penrose

Courtesy of The Cutting Edge . 720-425-0851

$179,900

240247 MLS

Kettle Canyon – New 36+ Acre Development Be among the first to claim your piece of this stunning new rural development featuring only five 36-acre parcels and one exclusive 80-acre parcel. Lot 1 offers direct access from County Road 132 and includes power already on the property and access to BLM. Enjoy breathtaking panoramic views of the majestic 14,000-foot Sangre de Cristo Mountains and surrounding tree-covered peaks in one of Colorado's most scenic valleys. The land features gently rolling grasslands dotted with a few trees — ideal for livestock, horses, camping, or building your dream retreat. Set up camp in the heart of your acreage and experience unmatched solitude, fresh mountain air, and wide-open skies. With no covenants and no HOA, you'll enjoy true freedom, privacy, and peace in this remarkable setting. New recorded survey plat map is in the photos.

Tbd County Road 132, Penrose

Courtesy of HomeSmart Preferred Realty .

$399,999

3 Beds ⋅ 2 Baths ⋅ 239722 MLS

Welcome to this beautiful 3-bedroom, 2-bathroom home nestled in a low-traffic, well-kept neighborhood. Situated on nearly half an acre, this property offers the perfect blend of space, comfort, and modern style. Step inside to an inviting open floor plan featuring gorgeous hardwood floors and abundant natural light. The spacious kitchen is the heart of the home, complete with ample cabinetry, modern appliances, and a large island ideal for entertaining or casual dining. The seamless flow between the kitchen, dining, and living areas makes everyday living and gatherings effortless. The primary suite offers a relaxing retreat with a well-appointed bathroom and generous closet space. Two additional bedrooms provide flexibility for guests, a home office, or hobbies. Enjoy year-round comfort with central air conditioning. Outside, the fully fenced backyard provides privacy plenty of room to play, garden, or unwind. With nearly a half-acre lot, there's space to create your dream outdoor oasis while still enjoying the charm of a peaceful neighborhood setting. This move-in-ready home combines modern finishes, functional design, and room to grow. Don't miss your opportunity to make it yours!

215 Sherrill Dr, Penrose

Courtesy of HomeSmart Preferred Realty .

$495,000

3 Beds ⋅ 2 Baths ⋅ 7181095 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.

Penrose

Courtesy of 6035 Real Estate Group, LLC . 719-661-1242

$660,000

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 .

$120,000

4730289 MLS

This 5 acre parcel is conveniently located in the heart of Penrose, comes with 5 shares of Beaver Park irrigation with gated irrigation pipes and would be a great lot for a new build with mountain views! No other utilities installed; public water, public gas, public electric, cable, phone, etc. available and are to be installed by buyer. Boundaries are marked and survey recently done and available. Property is fully fenced and has some trees on the boundaries.

J Street, Penrose

Courtesy of Galpin Real Estate . galpinre@comcast.net

$719,000

3 Beds ⋅ 3 Baths ⋅ 4987296 MLS

HORSE PROPERTY, OUTBUILDINGS GALORE -- Welcome to one of the best-designed five-acre horse properties in Penrose! Pull in through the remote-controlled gate and drive slowly to take it all in! Nestled attractively on the east end of the property is this charming rancher, detached 38x17 garage, 60x40 heated shop with built-in air compressor, 220 electric, (2) 20 x 60 storage on each side of the shop with loft, (2) 12 x12 horse stalls with feeders, 12x24 cover over stalls for shade, one 12x18 horse stall, heated water, pipe fencing, 24x12 tack room with cement floor, 24x11 feed room w/electric, 14x8 utility/storage/greenhouse, chicken coop, 32x41 dog pen, covered patio with waterfall feature/flower garden, and hot tub! Since purchasing, the Seller has done many upgrades. Inside, 2 primary bedrooms with ensuite baths, 3rd bedroom, and a guest bath. Vaulted tongue and groove Aspen ceiling, wood burning stove, and a propane fireplace. In the kitchen, two pantries, Dacor appliances, all attached to a spacious mud/laundry room. Attached heated/cooled sunroom built in 2022. Privacy fencing, central heat and air conditioning, decorative pond/water feature (rebuilt), approx. 3.5 acre crop and 5 shares of Beaver Park Water.

445 G Street, Penrose

Courtesy of Summit & Main Realty Group . kimberly@summitandmain.com,719-792-9108

$635,000

3 Beds ⋅ 2 Baths ⋅ 238757 MLS

Updated Brick Ranch on 4.7 Irrigated Acres with Horse Barn with adjacent 4.7 acre irrigated parcel for sale separately for $125,000, creating a rare opportunity to own a total of 9.4 irrigated acres in Fremont County. This well-maintained brick ranch in Penrose, Colorado, offers move-in-ready comfort on 9.4 irrigated acres, fenced, and cross-fenced acres, complete with a 30x30 horse barn, small corral, and shade trees. Inside, you'll find 2950 sq ft with 1798 sf on the main level with real hardwood floors and a desirable split-bedroom layout plus a beautifully finished lower level rec room. The open-concept design flows from the living room to the dining area and fully remodeled kitchen featuring AristoKraft cabinets, granite counters, stainless steel appliances, and a glass cooktop. The spacious primary suite offers two walk-in closets and a beautifully updated ensuite bath. Two additional bedrooms and a second full bath are located on the opposite side of the home for privacy and flexibility. A finished basement provides a large rec room ideal for hobbies, a home theater, or extra living space. Comfort is ensured year-round with baseboard heat from a high-efficiency boiler and a roof-mounted evaporative cooler. A new roof was installed in 2021 as part of a full remodel. Solar array was installed in 2023. With a wood stove, a new on-demand hot water system, and updated boiler system ensure that your energy bills will be as low as can be. The acreage is ideal for livestock, g

1400 K St, Penrose

Courtesy of Keller Williams Performance Realty .

$575,000

3 Beds ⋅ 2 Baths ⋅ 4779726 MLS

Wonderful 10 acre horse facility for sale in Penrose C0. Great location 30 minutes to both Colo Springs and Pueblo. This property has gorgeous mountain views a mild climate, and is close to many riding trails including Brush Hollow Reservoir. The 36 x 84 barn is a one of a kind structure custom built by the previous owner. Inside there are 5 stalls with attached runs, wash bay, heated tack room, ample hay storage, and lofts on each end. The 12' breezeway leaves plenty of room for tractor or utility vehicle access. The barn has several electrical outlets and lighting installed for tank heaters and late night winter feedings. In addition to the fantastic barn this property boasts 3 other paddocks each with a Shelter Logic Shelter, and one other enclosure with a 10 x 20 metal loafing shed. For hay storage there is a 30 x 40 metal building on the east side of the property. The outdoor arena measures 100 x 200 and is located close to the barn, round pen and other enclosures. In front of the barn there is a centrally located 60' round pen and a property security light. 4 water spigots and electricity are available throughout the property, and there is a 30 amp RV hook up and a dump site location (Great for hosting visitors!) The 8 acre hay field is currently planted with a grass alfalfa mixture and has 8 shares of irrigation water included. It is being used as pasture at this time but has also been cut for hay in years past. The 3 bedroom 2 bath modular home is a recent addition to this property and received its final CO Inspection of May of 2024.. The 1440 square foot home is a renovated commercial building (built in 2000) with a brand new interior. All flooring, electrical, plumbing, septic, appliances heating and cooling systems are brand new. The mini split system is working efficiently and is a cost effective way to heat and cool each room individually. The homes exterior has been recently painted and a 10 x 16 deck has been added to the front of the home.

895 B Street, Penrose

Courtesy of Home Sold Realty, LLC . HOMESOLDREALTY@gmail.com,833-700-2782

$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 Street, Penrose

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

$288,000

4 Beds ⋅ 2 Baths ⋅ 3880606 MLS

Peaceful Colorado Retreat with Mountain Views w/2026 February appraisal for $310,500.00. Escape the noise and enjoy small-town living in this well-maintained 4-bedroom, 2-bath single-story home in Penrose. Set on a spacious lot with open mountain views, this property offers privacy, functionality, and room to breathe. Nearly 4 acres and detached garage and flex-use carports, you can expand your hobbies as you wish. The home features a practical one-level layout, a comfortable living area with electric fireplace, and a fully equipped kitchen. A fenced backyard, deck, and patio provide space for pets, gatherings, or quiet evenings outdoors. Ample parking accommodates multiple vehicles or trailers. Ideally located near hot springs, river trails, fishing, golf, Lake Pueblo, and just a short drive to Cañon City and the Royal Gorge. Perfect as a primary residence, second home, or low-maintenance retreat for buyers seeking peace, space, and access to outdoor recreation.

1780 14th Street, Penrose

Courtesy of Your Castle Realty LLC . 303-656-7012

$650,000

3 Beds ⋅ 4 Baths ⋅ 7915017 MLS

Welcome to 611 Q St, Penrose, CO 81240 — a rare 20-acre retreat with unmatched versatility, panoramic views, and room to grow. Situated on two fully fenced 10-acre parcels, this exceptional property offers the flexibility to add a second residence (potentially eligible for an additional water tap per Penrose Water District—buyer to verify). Whether you're looking for multi-generational living, agricultural use, or a peaceful homestead, this property delivers. The well-maintained home features a thoughtful layout with garden-level windows in the basement, bringing in natural light and mountain views. The primary suite has been upgraded with a walk-in shower, and the kitchen is outfitted with stainless steel appliances, plus washer and dryer included for convenience. Central A/C keeps the home comfortable year-round. Step outside to enjoy a massive rooftop deck—perfect for entertaining or soaking in the breathtaking landscape—and a detached metal shop that can accommodate up to 8 cars or a motorhome. The shop is equipped with a wood stove for heat, a 50-amp circuit for welding or RVs, and even features a mechanic’s pit for working on vehicles. With no HOA, zoning that allows horses and cows, and 20 acres of flat, usable land, this property is a dream come true for hobby farmers, car enthusiasts, and those seeking Colorado country living with room to expand.

611 Q Street, Penrose

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

$350,000

3 Beds ⋅ 1 Baths ⋅ 236085 MLS

LOTS OF SPACE SITTING ON 10 ACRES. A LARGE SHOP AND OUTBUILDINGS PERFECT FOR ALL YOUR HOBBIES.

490 A St, Penrose

Courtesy of RE/MAX Of Pueblo Inc .

$250,000

233891 MLS

Discover the unmatched potential of this stunning 20-acre property, split evenly on each side of 11th Street and nestled in the heart of Colorado's serene high desert landscape. With 10 acres on either side, this unique parcel offers flexibility for a variety of uses — build your dream home, establish a hobby farm, or develop a retreat that embraces the peace and beauty of the surrounding mountains. Call today for details!

Tbd 11th St, Penrose

Courtesy of HomeSmart Preferred Realty .

$54,500

235194 MLS

Excellent 10-acre parcel in a unbelievably private location in Penrose Colorado, with big sky and mountain views! This 10-acres is being offered alongside the residential listing at 358 13th St, in addition to two other contiguous 10-acre parcels, for a total of 40 acres with all four 10-acre parcels combined. Includes some electric fencing, and is fenced and cross-fenced making it ideal for livestock grazing. Also set up with a 100-meter shooting range ready for responsible and safe target practice. Now is the time to escape the city and find your peace here in rural Penrose!

380 13th St, Penrose

Courtesy of HomeSmart Preferred Realty .

$50,000

233714 MLS

Prime Highway 115 Visibility – Small Lot, Big Opportunity! Don't let the size fool you—this small but mighty lot offers exceptional visibility right off Highway 115, making it a strategic spot for signage, small business potential, or investment. With high traffic exposure and easy access, it's an ideal location to get noticed. Whether you're looking to advertise, build, or hold, this highly visible parcel delivers big impact in a compact footprint.

000 Hwy 115, Penrose

Courtesy of Properties Of Colorado CC .

$55,500

235198 MLS

This private, rural 10-acre property in Penrose Colorado has so much to offer and is contiguous and listed alongside residential listing at 358 13th Street, for a total of 40 acres with all four 10-acre parcels combined. You'll fall in love with the biggest skies and 360-degree mountain views you can imagine. Almost fully fenced and cross fenced, with some electric fencing included along with a storage shed for ready for grazing livestock, or building a new home! Come take a look and start living out your Colorado countryside dreams!

1374 C St, Penrose

Courtesy of HomeSmart Preferred Realty .

$990,000

5 Beds ⋅ 3 Baths ⋅ 234647 MLS

Welcome home to this magnificent horse property situated on 10 acres with irrigation. This spacious 5 bedroom 3 bath home has many upgrades throughout. Five piece bath off the primary suite with copper tub, double sinks, walk in closet and seperate water closet. Kitchen features two islands with leathered granite countertops. Two spare bedrooms separated by a bathroom. In the walkout basement you are greeted by a large living room with gas fireplace and bar area perfect for entertaining. Two bedrooms one with large walk in closet separated by a bathroom. There is also a large storage room. Solar on the roof of the barn to cut the utility bills down. Beautiful landscaping in the front and backyard with tremendous views off the back porch. 40x60 horse barn with 5 stalls and pipe runs off each stall. A 12x12 insulated tack room, hay storage and a wash area. Covered area off the back of the barn offers extra storage. Large pipe round pen and 150'x275' pipe roping arena and return alley with three cattle pens each with their own shelter. Automatic waters with electricity in all pens. RV plug for trailers or guests with plenty of parking for all the toys. The hayfield/pasture is approximately 5.5 acres and irrigated with 5 shares of Beaver Park water. You can turn the animals out of cut and bale the hay. There is also a separate pasture about 3/4 of an acre for turnout. This property is a must see for anyone with animals and wanting some elbow room.

1675 M St, Penrose

Courtesy of RE/MAX Associates .

$55,500

8480627 MLS

This private, rural 10-acre property in Penrose Colorado has so much to offer and is contiguous and listed alongside residential listing at 358 13th Street, for a total of 40 acres with all four 10-acre parcels combined. You’ll fall in love with the biggest skies and 360-degree mountain views you can imagine. Almost fully fenced and cross fenced, with some electric fencing included along with a storage shed for ready for grazing livestock, or building a new home! Come take a look and start living out your Colorado countryside dreams!

1374 C Street, Penrose

Courtesy of HomeSmart Preferred Realty . jenny@gatzkehomes.com,719-458-9559

$54,500

4238931 MLS

Excellent 10-acre parcel in a unbelievably private location in Penrose Colorado, with big sky and mountain views! This 10-acres is being offered alongside the residential listing at 358 13th St, in addition to two other contiguous 10-acre parcels, for a total of 40 acres with all four 10-acre parcels combined. Includes some electric fencing, and is fenced and cross-fenced making it ideal for livestock grazing. Also set up with a 100-meter shooting range ready for responsible and safe target practice. Now is the time to escape the city and find your peace here in rural Penrose!

380 13th Street, Penrose

Courtesy of HomeSmart Preferred Realty . jenny@gatzkehomes.com,719-458-9559

$250,000

7059918 MLS

Discover the unmatched potential of this stunning 20-acre property, split evenly on each side of 11th Street and nestled in the heart of Colorado’s serene high desert landscape. With 10 acres on either side, this unique parcel offers flexibility for a variety of uses — build your dream home, establish a hobby farm, or develop a retreat that embraces the peace and beauty of the surrounding mountains. Call today for details!

000 11th Street, Penrose

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

$320,000

6798446 MLS

Prime Commercial Property with Exceptional Visibility Location is everything! This outstanding commercial property is strategically positioned along Highway 115, offering unparalleled visibility with lighted signage. This well-maintained commercial property offers an ideal location with high visibility and accessibility. Inside, you`ll find a fully equipped kitchen area featuring a three-compartment sink, a dedicated hand-wash sink, a refrigerator, and durable tile flooring—perfect for food prep or catering needs. The building includes a spacious bathroom/lobby area, three versatile rooms that can be used as offices or storage, and a flexible multipurpose space to suit a variety of business types. Additional amenities include a washer/dryer hookup, vinyl windows throughout for natural light, and central air conditioning for year-round comfort. With multiple points of entry—including a back door, side entrance, and sliding glass doors—this property offers convenience and flow. Outside, enjoy ample parking, a storage shed, and generous land space ideal for hosting outdoor events, activities, or future expansions. This property is move-in ready and adaptable to your unique business needs. A rare opportunity in a great location!

880 Marilyn Drive, Penrose

Courtesy of Berkshire Hathaway HomeServices Synergy Realty Group . Charles@Synergycolo.com,719-418-5001

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