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$285,000
2 Beds ⋅ 2 Baths ⋅ 8154397 MLS
Charming and well-maintained 2-bedroom, 2-bath manufactured home in Penrose, CO. This inviting home features rustic wood beams, warm wood paneling, and a cozy covered front porch perfect for relaxing. The property includes a detached 2-car garage and a storage shed, offering plenty of space for parking, hobbies, and storage. Enjoy the comfort, character, and peaceful Colorado lifestyle this property has to offer.

73 8th Ave, Penrose

Courtesy of Keller Williams Performance Realty .

$850,000
4 Beds ⋅ 3 Baths ⋅ 1197684 MLS
Experience the best of country living in Penrose, where breathtaking mountain views, exceptional amenities, & over 35 acres create an extraordinary place to call home. Nestled in the Beaver Creek area, this custom ranch-style home offers 3,400 square feet, featuring 4 bedrooms, 3 bathrooms, & a thoughtfully designed floor plan ideal for everyday living, entertaining, or multigenerational households. The light-filled main level showcases expansive windows that frame the surrounding landscape and a warm, inviting living area centered around a cozy wood-burning stove. The finished walk-out basement expands the living space with additional bedrooms, a spacious family room, guest accommodations, and generous storage. Designed for comfortable country living, the property features a high-producing 25+ GPM well, a reverse osmosis drinking water system, and whole-house water treatment equipment, providing exceptional water quality & peace of mind. Horse and animal lovers will appreciate the 3-stall barn, while the detached three-car garage offers abundant room for equipment, hobbies, or a workshop. The gently rolling acreage provides ample space for horses, livestock, gardening, or simply enjoying the privacy and beauty of rural Colorado. A seasonal creek winds through the property, attracting wildlife and enhancing the peaceful setting. Spend evenings watching spectacular sunsets, deer, & wild turkeys while enjoying the serenity of Colorado's wide-open skies. Located just minutes from Penrose & within easy reach of Cañon City, Florence, and Colorado Springs, this property offers the perfect balance of seclusion and convenience. Whether you're searching for a horse property, hobby ranch, private retreat, or forever home, this home delivers an exceptional combination of acreage, quality, & lifestyle. With panoramic mountain views, premium water resources, outstanding outbuildings, & endless possibilities, this remarkable Colorado property is ready to welcome its next owners.

570 Valley Dr, Penrose

Courtesy of Realty One Group Apex .

$645,000
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
$525,000
7 Beds ⋅ 3 Baths ⋅ 4482272 MLS
Welcome to 760 Grant Street, Penrose, CO—a truly one-of-a-kind property offering an incredible combination of acreage, living space, and versatility. Priced at $525,000, this is a rare opportunity to own the kind of property that seldom becomes available. Situated on 1.9 acres, this unique property provides the space, privacy, and flexibility to fit a wide variety of lifestyles. Whether you're dreaming of a family compound, hobby farm, multi-generational living, or simply owning a property with room to grow, the possibilities here are truly endless. The main residence features an impressive 7 bedrooms and 3 bathrooms, offering abundant living space for large families or those who simply appreciate room to spread out. Beyond the living space, the property's outbuildings add tremendous character and functionality. The combination of the home, barn, loft barn, and expansive acreage creates a setting that is difficult to replicate in today's market.

760 Grant Street, Penrose

Courtesy of JPAR Modern Real Estate . teamgoodvin@gmail.com,970-324-4748
$900,000
5 Beds ⋅ 4 Baths ⋅ 4259090 MLS
Rancho Cielo-Where the Colorado Sky Meets the Soul of the Southwest - Some homes offer acreage - Others offer privacy. A select few become destinations in themselves. Beyond a striking Private Estate Gateway, a winding drive carries you through w/ more than 35 acres of Colorado's rugged high-desert landscape revealing a residence that feels as though it has always belonged to the land. Inspired by the enduring beauty of Pueblo Revival architecture, Rancho Cielo blends timeless Southwestern design with modern luxury, creating a retreat unlike anything else in Southern Colorado. From the moment you arrive, the pace of life changes. Morning sunlight stretches across distant mountain ranges. Afternoon thunderstorms dance across the plains. 4,184 square feet, this custom-designed residence offers five spacious bedrooms, four bathrooms, and an oversized three-car attached garage. Every detail reflects thoughtful craftsmanship, from the authentic adobe-inspired exterior & sculpted parapets to the warm knotty pine doors, handcrafted trim, rich architectural finishes that create an atmosphere of understated elegance. A chef-inspired kitchen, anchored by distinctive granite countertops. Renewal by Andersen windows frame Colorado's breathtaking scenery as though each were a living masterpiece. Every room captures panoramic mountain views, inviting natural light. The walk-out lower level offers exceptional flexibility, a wet bar, and private guest accommodations—perfect for multigenerational living, extended family visits. A rare privilege of owning 35.13 private acres, where breathtaking vistas become your daily backdrop, and where peace, privacy, and open skies define a way of life. This is more than an extraordinary home, where every sunrise promises possibility, and where every sunset reminds you why you chose Colorado. Welcome to Rancho Cielo—a timeless Colorado estate where the enduring spirit of the American Southwest meets uncompromising luxury.

507 Van Egmond Dr, Penrose

Courtesy of Berkshire Hathaway HomeServices Rocky M .

$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 .

$900,000
5 Beds ⋅ 4 Baths ⋅ 241164 MLS
Rancho Cielo-Where the Colorado Sky Meets the Soul of the Southwest - Some homes offer acreage - Others offer privacy. A select few become destinations in themselves. Beyond a striking Private Estate Gateway, a winding drive carries you through w/ more than 35 acres of Colorado's rugged high-desert landscape revealing a residence that feels as though it has always belonged to the land. Inspired by the enduring beauty of Pueblo Revival architecture, Rancho Cielo blends timeless Southwestern design with modern luxury, creating a retreat unlike anything else in Southern Colorado. From the moment you arrive, the pace of life changes. Morning sunlight stretches across distant mountain ranges. Afternoon thunderstorms dance across the plains. 4,184 square feet, this custom-designed residence offers five spacious bedrooms, four bathrooms, and an oversized three-car attached garage. Every detail reflects thoughtful craftsmanship, from the authentic adobe-inspired exterior & sculpted parapets to the warm knotty pine doors, handcrafted trim, rich architectural finishes that create an atmosphere of understated elegance. A chef-inspired kitchen, anchored by distinctive granite countertops. Renewal by Andersen windows frame Colorado's breathtaking scenery as though each were a living masterpiece. Every room captures panoramic mountain views, inviting natural light. The walk-out lower level offers exceptional flexibility, a wet bar, and private guest accommodations—perfect for multigenerati

507 Van Egmond Dr, Penrose

Courtesy of BHHS Rocky Mountain, REALTORS .

$900,000
5 Beds ⋅ 4 Baths ⋅ 2582852 MLS
Rancho Cielo-Where the Colorado Sky Meets the Soul of the Southwest - Some homes offer acreage - Others offer privacy. A select few become destinations in themselves. Beyond a striking Private Estate Gateway, a winding drive carries you through w/ more than 35 acres of Colorado's rugged high-desert landscape revealing a residence that feels as though it has always belonged to the land. Inspired by the enduring beauty of Pueblo Revival architecture, Rancho Cielo blends timeless Southwestern design with modern luxury, creating a retreat unlike anything else in Southern Colorado. From the moment you arrive, the pace of life changes. Morning sunlight stretches across distant mountain ranges. Afternoon thunderstorms dance across the plains. 4,184 square feet, this custom-designed residence offers five spacious bedrooms, four bathrooms, and an oversized three-car attached garage. Every detail reflects thoughtful craftsmanship, from the authentic adobe-inspired exterior & sculpted parapets to the warm knotty pine doors, handcrafted trim, rich architectural finishes that create an atmosphere of understated elegance. A chef-inspired kitchen, anchored by distinctive granite countertops. Renewal by Andersen windows frame Colorado's breathtaking scenery as though each were a living masterpiece. Every room captures panoramic mountain views, inviting natural light. The walk-out lower level offers exceptional flexibility, a wet bar, and private guest accommodations—perfect for multigenerational living, extended family visits. A rare privilege of owning 35.13 private acres, where breathtaking vistas become your daily backdrop, and where peace, privacy, and open skies define a way of life. This is more than an extraordinary home, where every sunrise promises possibility, and where every sunset reminds you why you chose Colorado. Welcome to Rancho Cielo—a timeless Colorado estate where the enduring spirit of the American Southwest meets uncompromising luxury.

507 Van Egmond Drive, Penrose

Courtesy of Berkshire Hathaway Home Services Rocky Mtn Realtors . jpberkshirehathaway@gmail.com,719-761-1910
$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 Street, Penrose

Courtesy of HomeSmart Preferred Realty . sam@banningteam.com,719-458-1345
$275,000
3 Beds ⋅ 2 Baths ⋅ 6245939 MLS
Set on 5 open acres in Penrose, this 3-bedroom, 2-bathroom manufactured home offers a solid foundation for buyers ready to put in some work and make it their own. At 1,280 square feet, the 2002-built home gives you the bones and the breathing room — the rest is yours to shape. This is a one-level, split bedroom design with a large master bath with a soaking tub, stand-alone shower, dual vanity and walk-in closet. The kitchen is fully equipped with all appliances including the microwave. An extra refrigerator/freezer sits on the back enclosed porch and the washer & dryer come with. Step outside and take in the Colorado mountain views -- the scenery that reminds you why people plant roots out here. The pergola just beyond the front door offers a shaded spot for morning coffee or afternoon picnics. The partially fenced acreage is ready for animals, a garden, or whatever vision you bring, and a dedicated RV pad with hookup means your rig has a home too. Commuters will appreciate the location putting Cañon City, Pueblo, and Colorado Springs all within easy reach, so you get the wide-open setting without giving up access to jobs, shopping, or services. If you're looking for affordable acreage in Southern Colorado with room to grow and a project worth the investment, this property is worth a look.

561 County Road 132, Penrose

Courtesy of Keller Williams Performance Realty .

$399,500
3 Beds ⋅ 2 Baths ⋅ 240899 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 .

$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 .

$650,000
1 Beds ⋅ 3 Baths ⋅ 1703249 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 Road, Penrose

Courtesy of Century 21 Community First . erick@firstcolorado.com,614-440-9031
$635,000
3 Beds ⋅ 2 Baths ⋅ 3634154 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 Street, Penrose

Courtesy of Keller Williams Performance Realty . tony@tonygreer.com,719-671-5250
$415,000
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 .

$415,000
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. .

$375,000
4 Beds ⋅ 2 Baths ⋅ 7385039 MLS
1110 Q Street delivers a newer home, usable acreage, and infrastructure already in place for animals, projects, and outdoor living. Built in 2022 and set on a permanent foundation, this 4-bedroom, 2-bath home offers 1,568 square feet of well-designed living space on nearly 10 acres. The open floor plan centers around a spacious kitchen featuring abundant cabinetry, generous counter space, and a large island that naturally becomes the gathering spot for meals, conversations, and everyday life. Outside, the property is equipped for far more than simply owning land. A riding arena with solar powered lights, tack shed with solar powered lights, 2 dry pastures, livestock pen with loafing shed, chicken coop, dog kennel, storage shed with solar powered lights, and additional outbuildings provide the framework for a variety of agricultural, equestrian, and recreational pursuits from day one. The acreage is predominantly level and usable, giving you flexibility for horses, livestock, gardening, equipment storage, or future improvements. Wide-open views of the surrounding landscape and mountain backdrop create a setting that feels connected to Colorado's rural heritage while remaining within convenient reach of Canon City, Florence, Pueblo, and Colorado Springs. Whether you're bringing horses, building a small homestead operation, or simply looking for room to spread out and make use of your land, this property offers the space, improvements, and freedom to do it your way.

1110 Q St, Penrose

Courtesy of Keller Williams Performance Realty .

$1,095,000
3 Beds ⋅ 3 Baths ⋅ 9660678 MLS
A truly one of kind property, that is in a class of its own. Custom sprawling rancher with over 2,200 sq. ft. with 3 bedrooms and 3 bathrooms. Here is where the uniqueness begins... Home is situated on 10 acres with 10 shares of Beaver Park Ditch Stock, beautiful landscaping, and a large producing hay field. Purchase includes adjoining 10 acre parcel, and comes with 5 shares of Beaver Park Ditch Stock, as well as a water tap. That's not all! The 10 acre parcel across the street, is also included in the purchase, and comes with 5 more shares of Beaver Park Ditch Stock. So altogether, that is 3 parcels, 30 acres, and 20 shares of irrigation. You will not find better or more manicured producing hay fields around! The property gives pride in ownership and entirely new meaning. Inside you are sure to admire the character and personal touches in every room! Storage inside and out will not be an issue. Outside offers an attached 2 car garage, a single detached garage, an oversized carport, and an additional building perfect for storing equipment, a workshop, or anything that would best suit your needs! The iron gated entry gives you an extra sense of privacy and security. Come take a look at this rare find that offers unapparelled hay fields, stunning views, and an overall appreciation for the amount of care and hard work that has been into this property.

1115 M St, Penrose

Courtesy of Re/Max Royal Gorge .

$435,000
3 Beds ⋅ 2 Baths ⋅ 6988722 MLS
This charming three-bedroom, two-bath home, sits proudly on 1.15 sprawling acres and retains its authentic character with original features like wood banisters, vintage wall tiles, and classic brick fire place that evoke a warm, nostalgic feel. Inside, the tri-level floor plan offers comfortable living spaces bathed in natural light, while outside, the expansive grounds provide ample room for gardening enthusiasts, complete with established raised flower and herb beds, vegetable plots, fruiting strawberry patch and plum and crab apple trees in the front of the house. The back yard is equipped with a well-appointed greenhouse perfect for year-round cultivation of plants, herbs, and seedlings and multiple raised garden beds. The kitchen has been outfitted with brand new appliances and you will be the first to use! The spacious home provides 3 large bedrooms with an additional space in the basement that could be another large bedroom, game room, or theater space, or make it your own. Enjoy your morning coffee with all your plants in the heated sun room, make your own in-home office, or meditation room. The fully fenced back yard is ready for your large family/friend gatherings with a stone patio, mature shade trees and grass for games. The back portion of the property is ready for your horses, goats, or other farm animals, with two loafing sheds and fencing. Whether you're seeking a peaceful retreat or a hobbyist's paradise, this property blends retro charm with the freedom of country living.

835 3rd St, Penrose

Courtesy of EXIT Elevation Realty .

$850,000
4 Beds ⋅ 3 Baths ⋅ 2845229 MLS
Exceptional 4 bedroom, 3-bathroom custom log home on 28.4 acres! Surrounded by wide-open space and breathtaking mountain views, this unique log home estate is ideal for those seeking a rural retreat, equestrian property, or multi-use lifestyle. The home showcases quality craftsmanship throughout. The dine in kitchen features beautiful custom cabinetry with crown molding and pull outs, sleek granite countertops, breakfast bar, and thoughtful touches including a pot hanger, under cabinet lighting and a large prep room/ pantry! Large living room with vaulted ceilings, floor to ceiling rock accented wood burning fireplace and nice bay window. The primary bedroom has 2 closets, a bay window and adjoining 5-piece bathroom including a linen closet and double sink vanity. Additional highlights include a spacious basement with a safe room, office, full bathroom, and big family room with a wood burning stove. Upgrades include a new furnace, new central air system, and a new roof installed in 2025. Energy efficiency is enhanced with a solar system, while an attached greenhouse provides year-round growing potential. Step outside onto the expansive front deck and take in the stunning mountain views—perfect for relaxing or entertaining. The property is fully equipped for a variety of uses. A well-appointed barn includes five stalls and a tack room, making it ideal for horse enthusiasts. A heated workshop with a half bath adds versatility for projects or storage. The property also features two private shooting ranges!! With its combination of usable acreage, high-quality improvements, and unmatched views, this one-of-a-kind property delivers the best of Colorado country living with endless possibilities.

86 K St, 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 .

$850,000
4 Beds ⋅ 3 Baths ⋅ 240585 MLS
Exceptional 4 bedroom, 3-bathroom custom log home on 28.4 acres! Surrounded by wide-open space and breathtaking mountain views, this unique log home estate is ideal for those seeking a rural retreat, equestrian property, or multi-use lifestyle. The home showcases quality craftsmanship throughout. The dine in kitchen features beautiful custom cabinetry with crown molding and pull outs, sleek granite countertops, breakfast bar, and thoughtful touches including a pot hanger, under cabinet lighting and a large prep room/ pantry! Large living room with vaulted ceilings, floor to ceiling rock accented wood burning fireplace and nice bay window. The primary bedroom has 2 closets, a bay window and adjoining 5-piece bathroom including a linen closet and double sink vanity. Additional highlights include a spacious basement with a safe room, office, full bathroom, and big family room with a wood burning stove. Upgrades include a new furnace, new central air system, and a new roof installed in 2025. Energy efficiency is enhanced with a solar system, while an attached greenhouse provides year-round growing potential. Step outside onto the expansive front deck and take in the stunning mountain views. A well-appointed barn includes five stalls and a tack room, making it ideal for horse enthusiasts. A heated workshop with a half bath adds versatility for projects or storage. The property also features two private shooting ranges!!

86 K St, Penrose

Courtesy of All Seasons LLC. .

$475,000
3 Beds ⋅ 2 Baths ⋅ 240587 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 .

$225,000
2 Beds ⋅ 1 Baths ⋅ 240556 MLS
Tucked back and perched atop, your new home awaits you. This 2 bedroom 1 bath 1116 square foot off grid home sits on 10 acres. The home has had many recent updates such as solid oak flooring through the main portion of the home, all new kitchen cabinets, quartz counters, newer appliances, new solar batteries, mini splits, and water filtration system. There is also a backup generator for that extra piece of mind. There are a few projects left, giving you the opportunity to make it your own, but a lot of the major items have been completed. Schedule your showing today and call it home tomorrow.

1574 4th St, Penrose

Courtesy of HomeSmart Preferred Realty .

$225,000
2 Beds ⋅ 1 Baths ⋅ 2430183 MLS
Tucked back and perched atop, your new home awaits you. This 2 bedroom 1 bath 1116 square foot off grid home sits on 10 acres. The home has had many recent updates such as solid oak flooring through the main portion of the home, all new kitchen cabinets, quartz counters, newer appliances, new solar batteries, mini splits, and water filtration system. There is also a backup generator for that extra piece of mind. There are a few projects left, giving you the opportunity to make it your own, but a lot of the major items have been completed. Schedule your showing today and call it home tomorrow.

1574 4th St, Penrose

Courtesy of Homesmart Preferred Realty .

$554,900
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 .

$325,000
3 Beds ⋅ 2 Baths ⋅ 8043041 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 .

$650,000
3 Beds ⋅ 4 Baths ⋅ 9676360 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 St, Penrose

Courtesy of Pulse Real Estate Group Llc .

$399,999
3 Beds ⋅ 2 Baths ⋅ 4935394 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 .

$535,000
4 Beds ⋅ 3 Baths ⋅ 9249842 MLS
If you’re searching for horse property in Penrose, Colorado with acreage, barn, and usable land, this property at 855 Marilyn Drive checks all the boxes. Situated on 3 acres of fully usable land, this Colorado horse property is already set up for animals with fenced pasture, a barn, horse sheds, and room for additional corrals or riding areas. The home offers 2,952 total finished square feet, including 1,476 square feet on the main level and a fully finished 1,476 square foot basement, providing plenty of flexible space for living, entertaining, hobbies, or guests. The main level features attractive wood-look tile flooring, giving the warmth and appearance of hardwood with the durability and easy maintenance that works perfectly for country living. A major advantage of this acreage property in Fremont County is the excellent water setup. The home is connected to municipal water for household use, while the property also includes two wells, including a dedicated livestock well, making it ideal for horses, livestock, or small agricultural use. Additional improvements include a detached garage for vehicles, equipment, or workshop space, along with established horse facilities that make this a true turnkey horse property. Located in the desirable Penrose, Colorado rural community, this property offers the peaceful lifestyle buyers look for when searching for horse property near Cañon City, Florence, and Colorado Springs. You’ll enjoy wide-open space, room for animals, and the flexibility that comes with owning Colorado acreage with horse facilities and multiple water sources. Horse properties with usable acreage, barns, wells, and a finished home are becoming harder to find in the Penrose and Fremont County area. If you’ve been looking for a move-in ready Colorado horse property, this one deserves a closer look.

855 Marilyn Dr, Penrose

Courtesy of Pikes Peak Dream Homes Realty .

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