Penrose Real Estate | Penrose Properties between $300,000 and $400,000 for Sale

3 Beds ⋅ 2 Baths ⋅ 241995 MLS

Nearly 5 acres, mountain views, owned solar and a home packed with custom touches! Welcome to 325 5th Street in Penrose, a 3-bedroom, 2-bath home situated on 4.88 acres with room for your RV, toys, animals, hobbies and more. Inside, extensive custom beetle-kill pine woodwork gives the home a warm Colorado character you won't find in a cookie-cutter property. The spacious kitchen features abundant cabinetry and a large center island, while a pellet stove adds to the cozy living space. Updates include electrical and plumbing improvements, and on-demand hot water. Outside, enjoy wide-open mountain views from the covered front porch and nearly five acres of usable space. The property includes a detached 1-car garage, 2-car carport, shed with power, RV hookup, built-in fire pit, fenced backyard and separate fenced chicken yard. There's plenty of space here for vehicles, equipment, projects and outdoor living. A ground-mounted solar system is owned outright and conveys with no solar loan or lease to assume. The property is served by Penrose Water and septic, giving you acreage without relying on a private well. With 4.88 acres, owned solar, extensive storage and parking, custom woodwork and beautiful Colorado views, 325 5th Street offers a combination that's difficult to duplicate. Bring your RV, hobbies, chickens, horses and plans for the land?there's room to make this property your own. Central air and heat.

325 5th St, Penrose

Courtesy of Pasternak Properties .

$389,000

3 Beds ⋅ 2 Baths ⋅ 6809589 MLS

Welcome to your new horse property with room for many animals! This well-maintained 3-bedroom, 2-bath manufactured home sits on 5 acres with 5 shares of Beaver Creek flood irrigation water, offering both functionality and stunning views. The home was remodeled in 2015 and features newer cabinets, granite countertops, and a durable metal roof. Energy efficiency is a major bonus with fully paid-off solar and a $10,000 backup battery system, keeping electric bills incredibly low—typically just $10–$20 per month. An electric gate welcomes you onto the property, leading to a carport, detached garage, and RV parking with electricity. Relax and take in the views from the expansive 60' x 12' covered porch. The property is well-equipped for animals with two barns—the main barn offers four interior stalls, one exterior stall, a tack room, and wash area, while the second barn includes three stalls with both electricity and water. Additional improvements include a new round pen for horses, chicken coop, and extensive fencing and cross-fencing with multiple gates to easily manage livestock. Irrigation pipe will stay with the property, and you'll also enjoy 10+ fruit trees adding beauty and productivity to the land. Conveniently located with easy access to Canon City, Pueblo, and Colorado Springs, this property offers the ideal combination of rural lifestyle, equestrian amenities, and modern efficiency.

1144 4th St, Penrose

Courtesy of Homesmart Preferred Realty .

$399,500

3 Beds ⋅ 2 Baths ⋅ 2236864 MLS

Beautiful horse property on just under 10 fenced acres with stunning mountain views. The property is well-equipped with horse stalls, a steel pipe arena, frost-free water faucets, gates at both ends, a loafing shed, and chicken shed. The roomy 3-bedroom, 2-bath home features cathedral ceilings, luxury plank flooring, newer appliances (2020), central air (2023), a spacious living room, and a kitchen with granite countertops and plenty of cabinet space. The private master suite includes a full bathroom. Additional amenities include a large fenced dog kennel, oversized 32x24 garage with 10x36 enclosed stalls, and a 40x20 RV garage. This property offers the perfect combination of comfortable living, functionality, and country charm.

1044 P St, Penrose

Courtesy of Kurt Zerby Real Estate Group .

$400,000

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 .

$400,000

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. .

$400,000

3792820 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.

Penrose

Courtesy of HomeSmart Preferred Realty . coloradoprop@gmail.com,719-276-4226

$357,000

3 Beds ⋅ 2 Baths ⋅ 9428711 MLS

Welcome to this custom ranch style home on a large corner lot. The covered front deck, with Trex deck, is the focal point of the curb appeal. As you enter the home you are greeted by the Brazilian hardwood floors in the living room and front bedroom. The bay window allows for natural light. The kitchen has Birch cabinets and a nice sized pantry with the dining room attached looking out on the back yard. The primary bedroom has a walk-in closet and an en-suite with a jetted tub and separate shower. A bonus room, situated between the dining room and garage has stamped concrete floors, let your imagination run wild on all the different ways you could utilize this space, craft, home school, or play room. The back yard is exerscaped for easy maintenance. Plenty of room for a garden shed. There is an attached oversized 2 car garage. Fresh paint throughout the inside. Metal roof and vinyl siding, radiant baseboard heat, natural gas, sewer connection (no septic), swamp cooler to keep you cool and a solar system that is owned. Conveniently located close to the elementary school and grocery store. Easy commute to Colorado Springs, Pueblo, and Canon City.

117 Hawkins St, Penrose

Courtesy of Reeves Real Estate Llc .

$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 .

$325,000

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 .

$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

Penrose Properties between $300,000 and $400,000 for Sale

Newest Penrose Properties between $300,000 and $400,000 for Sale