Penrose Properties between $600,000 and $750,000 for Sale

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Newest Penrose Properties between $600,000 and $750,000 for Sale

$699,900

3 Beds ⋅ 2 Baths ⋅ 242134 MLS

Updated Brick Rancher on 9.44 Acres with Water Rights & Horse Facilities. Welcome to this beautifully updated brick rancher offering just under 3,600 finished square feet across two parcels totaling 9.44 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 10 shares of Beaver Park water, TWO water taps, 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. Schedule your private showing today!

1400 & 1442 K St, Penrose

Courtesy of RE/MAX Associates .

$650,000

2 Beds ⋅ 3 Baths ⋅ 5142744 MLS

Custom-built 2,600-square-foot barndominium situated on 37 acres. This thoughtfully designed home features a spacious open floor plan with quality craftsmanship throughout, including custom doors, cabinets, countertops, and extensive live-edge wood accents. The main living area is highlighted by a large roll-up door that opens to a spacious patio, creating seamless indoor-outdoor living and taking advantage of the property's views overlooking the surrounding valley. Additional features include high-end flooring, well-appointed bathrooms, smart appliances, solar panels, and a 1,500-gallon cistern system. The home also includes a garage for additional storage and workspace. Conveniently located near the highway for easy access while maintaining privacy and unobstructed views, this custom-built property offers 37 acres of land and a one-of-a-kind living experience.

470 Bowie Rd, Penrose

Courtesy of Century 21 Community First .

$600,000

4 Beds ⋅ 4 Baths ⋅ 3608125 MLS

Set on 9 picturesque acres in Penrose, this spacious two-story home offers the perfect balance of peaceful country living and modern convenience. Whether you're looking to start a hobby ranch, enjoy wide-open spaces, or simply embrace a quieter lifestyle, this property delivers the flexibility and room you've been searching for. With 3,455 finished square feet, the home features 4 bedrooms, 4 bathrooms, and multiple living areas designed for comfort and functionality. The upper-level primary suite is a true retreat, complete with a private bath, walk-in closet, cozy fireplace, and sweeping views of the surrounding landscape. The thoughtfully updated kitchen features solid surface countertops, new appliances, and abundant storage. The fully finished basement adds exceptional versatility with a spacious family room, additional bedroom and bathroom, wet bar/kitchenette, and ample storage—ideal for guests, multi-generational living, or entertaining. Outside, the possibilities are endless. This operational ranch is zoned for horses and other livestock and includes mature shade trees, fruit trees, fencing, a large Port-A-Stall barn, loafing shed, two chicken coops with separate runs, greenhouse, potting shed, fenced garden, tool shed, and two additional storage sheds. There's also plenty of room to park RVs, trailers, boats, and other recreational equipment, along with a two-car attached garage. Enjoy breathtaking sunrises, spectacular Colorado sunsets, and the peace and privacy that only acreage can provide. Conveniently located near Cañon City, Florence, Pueblo, and Colorado Springs, this property offers the best of rural living while keeping everyday amenities within easy reach. If you've been dreaming of more land, more freedom, and a home that offers room to grow, this exceptional Penrose property is ready to welcome you home.

1000 S Street, Penrose

Courtesy of Real Broker, LLC DBA Real . kristim@meyhamproperties.com,719-315-1814

$650,000

1 Beds ⋅ 3 Baths ⋅ 1703249 MLS

470 Bowie Road, Penrose

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

$600,000

4 Beds ⋅ 4 Baths ⋅ 9403060 MLS

Set on 9 acres in Penrose, this spacious 2-story home offers a rare blend of square footage, usable land, and flexibility for a variety of lifestyles. Featuring 4 bedrooms and 4 bathrooms across 3,455 finished square feet, the layout provides separation and functionality with multiple living spaces. The upper-level primary suite is generously sized and includes an adjoining bath, walk-in closet, expansive views and a fireplace—an uncommon and inviting feature. The kitchen is upgraded with solid surface countertops, new appliances and provides ample storage throughout. The fully finished basement expands the living options with a spacious living room, an additional bedroom, bathroom, wet bar or kitchenette, and storage space—well-suited for guests, extended living, or entertaining. Outside, this operational ranch is zoned to allow horses and other animals, mature trees, fruit trees, fencing, large Port-A-Stall barn, loafing shed, 2 chicken coops with separate runs, green house, potting shed, fenced in garden, tool shed and 2 additional storage sheds. Along with ample parking for RV, boat or other outdoor toys and a 2-car attached garage, this property is a dream come true. In addition the sunrises and sunsets are absolutely breathtaking! The acreage provides room to spread out while still maintaining accessibility to Canon City, Florence, Pueblo and Colorado Springs. With a beautiful home, generous square footage, and acreage in a rural setting, this property presents an opportunity for buyers seeking space, flexibility, and long-term potential.

1000 S St, Penrose

Courtesy of Real Broker, 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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