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$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 .

$295,500
3 Beds ⋅ 2 Baths ⋅ 7897799 MLS
Look past the surface! There is more than meets the eye with this one! Two water taps, two septic tanks, two power poles! This property is fully primed for building right away. Unlock the ultimate Colorado potential with this nearly 5-acre Penrose property, beautifully framed by breathtaking, unobstructed mountain views. While the existing 3-bedroom, 1.75-bathroom home is ready for a fresh vision or your own personal updates, the true value here lies in the rare, premium infrastructure already established and fully paid for! You get a tremendous head start with these utilities in place. This is an exceptional, turnkey foundation for your plans, offering the flexibility to live in the current space while you build a custom dream home, add a second dwelling, or set up a multi-home property. Whether you choose to build from the ground up, bring in a modular design, or create a unique setup with a tiny home alongside the current structure, the heavy lifting of utility setup is completely done. Skip the costly, time-consuming utility delays and embrace a rare opportunity to bring your vision to life on your own land. Call now!

828 3rd St, Penrose

Courtesy of Rover Real Estate Company .

$295,500
3 Beds ⋅ 2 Baths ⋅ 7751647 MLS
Look past the surface! There is more than meets the eye with this one! Two water taps, two septic tanks, two power poles! This property is fully primed for building right away. Unlock the ultimate Colorado potential with this nearly 5-acre Penrose property, beautifully framed by breathtaking, unobstructed mountain views. While the existing 3-bedroom, 1.75-bathroom home is ready for a fresh vision or your own personal updates, the true value here lies in the rare, premium infrastructure already established and fully paid for! You get a tremendous head start with these utilities in place. This is an exceptional, turnkey foundation for your plans, offering the flexibility to live in the current space while you build a custom dream home, add a second dwelling, or set up a multi-home property. Whether you choose to build from the ground up, bring in a modular design, or create a unique setup with a tiny home alongside the current structure, the heavy lifting of utility setup is completely done. Skip the costly, time-consuming utility delays and embrace a rare opportunity to bring your vision to life on your own land. Call now!

828 3rd Street, Penrose

Courtesy of Rover Real Estate Company . James@roverrealestateco.com,719-431-1754
$477,000
3 Beds ⋅ 2 Baths ⋅ 10065393 MLS
Welcome to spacious Colorado living in desirable Top Rail Ranch Estates in the town of Penrose! Situated on 2.79 acres, this well-appointed ranch-style home offers comfortable one-level living with 3 bedrooms, 2 bathrooms, an attached 2-car garage, and plenty of room to enjoy the outdoors. Built in 2007, the home features a thoughtfully designed split-bedroom floor plan, with the private primary suite separated from the additional bedrooms. The spacious primary bedroom includes a walk-in closet and five-piece bath, creating a comfortable retreat at the end of the day. At the heart of the home, the kitchen features beautiful granite countertops, stainless steel appliances, and a convenient breakfast bar with plenty of space for gathering and everyday living. Comfort is covered year-round with radiant in-floor heat, central air conditioning, a wood-burning stove, and a tankless water heater. Outside, the 2.79-acre property offers an RV hookup, garden shed, Connex metal storage container, and the space and versatility that make Colorado country living so appealing. Enjoy the privacy and breathing room of acreage living while still being conveniently located in Penrose. This Top Rail Ranch Estates property offers a wonderful combination of space, comfort, storage, and single-level living.

2050 15th St, Penrose

Courtesy of Homesmart Preferred Realty .

$180,000
4 Beds ⋅ 2 Baths ⋅ 1281696 MLS
Enjoy 4.28 acres of usable land in a convenient Penrose location! Large, mature trees are spread throughout the property, providing plenty of shade, privacy, and an established country setting. With ample room for horses, animals, gardens, or a hobby farm, this property offers plenty of opportunities to make the land your own. The purged home features four bedrooms, two bathrooms, a spacious living area, and a small enclosed porch for additional usable space. City water and a newer septic system installed approximately two years ago add to the property’s appeal. If you’re looking for acreage, mature trees, and room to spread out, this Penrose property is worth a look!

660 M St, Penrose

Courtesy of Homesmart Preferred Realty .

$275,000
3 Beds ⋅ 2 Baths ⋅ 9365914 MLS
Charming 3-bedroom, 1.5-bath home in a desirable central Penrose location. Conveniently situated within walking distance of the park, this property features new flooring and fresh interior paint, offering a move-in-ready opportunity. The spacious, fenced backyard offers ample room for outdoor enjoyment and showcases beautiful views. An excellent value with great potential for homeowners and investors alike.

474 Grant St, Penrose

Courtesy of Homesmart Preferred Realty .

$325,000
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 .

$155,000
2 Beds ⋅ 2 Baths ⋅ 8892232 MLS
Welcome home to this inviting 2-bedroom, 2-bath manufactured home situated on a spacious 0.37-acre corner lot in Penrose. A circular driveway provides convenient access and plenty of parking, while an oversized one-car garage, covered RV parking, and multiple outbuildings offer exceptional space for vehicles, hobbies, and storage. A wheelchair-accessible ramp provides convenient step-free access to the home. Inside, you’ll find a bright and sunny eat-in kitchen with newer appliances and attractive plank flooring that continues through the entry and hallway. Could use new carpeting in the living room & bedrooms. Central air conditioning keeps the home comfortable during the warmer months, and the washer and dryer are included for added convenience. Outside is where this property really shines! The home features newer exterior paint, a large carpeted hobby shed (12 x 18'9), two additional storage sheds, and a fenced backyard area with plenty of room to enjoy the Colorado sunshine. The roof was replaced in 2020, providing added peace of mind. With generous outdoor space, excellent storage, covered RV parking, a circular drive, accessible entry, and a peaceful Penrose setting, this well-cared-for property offers an appealing combination of comfort, functionality, and versatility.

405 Illinois St, Penrose

Courtesy of EXIT Elevation Realty .

$269,900
3 Beds ⋅ 2 Baths ⋅ 3419959 MLS
Endless Possibilities on 9 Acres in Penrose! Discover the perfect blend of country living and future opportunity at 685 7th Street, Penrose, Colorado. Situated on approximately 9 acres, this property offers abundant space for horses, hobby farming, recreation, or simply enjoying the peaceful Colorado lifestyle with panoramic mountain and rural views. Beyond its existing residential appeal, this property presents exciting investment potential. With its location and generous acreage, buyers may wish to explore the possibility of subdivision or future commercial development, subject to Fremont County planning, zoning, and approval requirements. Whether you're looking for a private estate, an income-producing investment, or land with long-term upside, this property offers flexibility that is becoming increasingly difficult to find. Conveniently located with easy access to Highway 50 and Colorado Springs, Penrose continues to experience steady growth, making this a unique opportunity to own acreage with both immediate enjoyment and future potential. Buyer to verify all information, including zoning, land use, subdivision potential, and any future development possibilities with Fremont County.

685 7th St, Penrose

Courtesy of Real Broker, Llc .

$485,000
3 Beds ⋅ 2 Baths ⋅ 2280262 MLS
What a great custom built home! Nice open floor plan with beautiful Eucalyptus wood floors, solid 6-panel doors throughout, and cathedral ceilings for that big feeling. Large living room with planter ledges opening up into the separate dining room. Really big kitchen with lots of rustic hickory cabinets, a pantry and granite counter tops. Spacious master suite with walk-in closet and large bathroom including a walk-in shower. This is an all electric home with solar panels that make for an almost non-existent electric bill! 28 x 24 oversized 2-car garage so your big SUV or truck will fit nicely. Lots of shelving, and a 56 x 12 covered patio. Fenced back yard and fully fenced on 3 sides. A nice separate greenhouse with a frost-free hydrant and additional storage building and RV parking. Great views all around!

1407 Top Notch Trl, Penrose

Courtesy of Kurt Zerby Real Estate Group .

$269,900
3 Beds ⋅ 2 Baths ⋅ 6039342 MLS
Endless Possibilities on 9 Acres in Penrose! Discover the perfect blend of country living and future opportunity. Situated on approximately 9 acres, this property offers abundant space for horses, hobby farming, recreation, or simply enjoying the peaceful Colorado lifestyle with panoramic mountain and rural views. Beyond its existing residential appeal, this property presents exciting investment potential. With its location and generous acreage, buyers may wish to explore the possibility of subdivision or future commercial development, subject to Fremont County planning, zoning, and approval requirements. Whether you're looking for a private estate, an income-producing investment, or land with long-term upside, this property offers flexibility that is becoming increasingly difficult to find. Conveniently located with easy access to Highway 50 and Colorado Springs, Penrose continues to experience steady growth, making this a unique opportunity to own acreage with both immediate enjoyment and future potential. Buyer to verify all information, including zoning, land use, subdivision potential, and any future development possibilities with Fremont County.

685 7th Street, Penrose

Courtesy of Fathom Realty Colorado LLC . 777Roselle@gmail.com,720-301-5413
$475,000
3 Beds ⋅ 2 Baths ⋅ 241560 MLS
Experience the best of country living just minutes from town. Perfectly situated between Canon City and Pueblo near Penrose, this private 10-acre retreat offers versatility, wide-open space, and beautiful mountain views. The fully fenced acreage is ideal for horses or livestock and includes a loafing shed/barn for shelter. A seasonal stream with a natural pool meanders through one corner of the property, adding charm, tranquility, and a rare natural feature. The freshly painted 2- bedroom, 2-bath home (with a non-conforming third bedroom) is designed for efficiency, boasting exceptionally low utility costs. The property is serviced by a new water heater, well with a new well pump, equipped with a new water-treatment system, ensuring a reliable potable water supply, and multiple hydrants are conveniently located throughout the acreage. House also has a new ac/furnace system. Take in the sweeping vistas from the expansive 10' x 28' covered porch, or make use of the large concrete pad—ideal for gatherings, recreation, or future expansion. A long private driveway leads to a spacious 32' x 34' detached 2-car garage, perfect for vehicles, equipment, and storage. The well pump and water-treatment system are thoughtfully housed inside for added protection. Livestock enthusiasts will appreciate the 24' x 40' animal shelter with an attached 16' x 40' leanto, complete with corrals and extra fence panels. Also, an additional 24' x 40' insulated shop with a concrete floor provides excelle

340 12th St, Penrose

Courtesy of Sweet Homes Realty .

$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 .

$275,000
3 Beds ⋅ 2 Baths ⋅ 240949 MLS
Charming 3-bedroom, 1.5-bath home in a desirable central Penrose location. Conveniently situated within walking distance of the park, this property features new flooring and fresh interior paint, offering a move-in-ready opportunity. The spacious, foncerd h fenced backyard offers ample room for outdoor enjoyment and showcases beautiful views. An excellent value with great potential for homeowners and investors alike.

474 Grant St, Penrose

Courtesy of HomeSmart Preferred Realty .

$275,000
3 Beds ⋅ 2 Baths ⋅ 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
Some people want a yard. Others want land. If you're in the second group, 561 CR 132 in Penrose is worth your time. Five acres of Southern Colorado ground gives you the kind of space where you can actually spread out — park the RV on the dedicated pad with hookup, let the animals roam the partially fenced acreage, plant something, build something, or simply enjoy having room between you and the rest of the world. Colorado mountain views come with the territory. The home itself is a 3-bedroom, 2-bathroom manufactured home at 1,280 square feet — built in 2002, move-in ready, and waiting on someone to put their mark on it. Nothing flashy, but a solid place to land while you settle into the land around it. Location works in your favor too. Penrose sits within an easy drive of Cañon City, Pueblo, and Colorado Springs — close enough to everything you need, far enough to feel like you've actually left it behind. If putting down roots on real ground in Southern Colorado is what you've been after, this is a straightforward opportunity to do exactly that.

561 County Road 132, Penrose

Courtesy of Keller Williams Performance 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. .

$419,999
3 Beds ⋅ 2 Baths ⋅ 6988722 MLS
This charming three-bedroom (with optional non-conforming 4th 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 .

$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 .

$550,000
3 Beds ⋅ 2 Baths ⋅ 6303050 MLS
Surrounded by mountain views and open skies, this well-maintained ranch-style home offers the convenience of true main-level living on a level, usable property designed for both comfort and flexibility. Daily living is effortless with the primary living areas, laundry, and mechanical systems all located on the main floor. The spacious living room features vaulted ceilings, a gas fireplace, and transom windows that fill the home with natural light. Just beyond, the bright dining area creates a welcoming space for everyday meals and larger gatherings. The kitchen offers extensive custom wood cabinetry, generous counter space, stainless steel appliances, and a highly functional layout with abundant storage. The primary suite enjoys direct access to the backyard patio through a newer Andersen sliding door, while an additional slider off the dining area creates a seamless connection between indoor and outdoor living spaces. Outside, the property's level acreage offers exceptional versatility. The large circular driveway provides convenient access and ample room for guests, RVs, trailers, campers, and equipment. Mountain views can be enjoyed from both the front and rear of the property, while the backyard patio creates an inviting space for relaxing, entertaining. The oversized garage is a standout feature, complete with custom-built workbenches, extensive storage, bright lighting, and durable flooring—ideal for hobbies, projects, or organization. Solar panels help improve energy efficiency and contribute to long-term utility savings. The unfinished basement provides significant storage and future expansion opportunities, featuring a roughed-in bathroom and partitioned areas that could accommodate additional bedrooms, office space, a recreation room, or expanded living quarters. Located in an area known for larger parcels and rural character, the property offers the flexibility many buyers are seeking, including space for horses and animals.

116 Top Notch Trl, Penrose

Courtesy of Pulse Real Estate Group Llc .

$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 .

$160,000
3 Beds ⋅ 2 Baths ⋅ 9160392 MLS
Move-In Ready and VA friendly. Stop paying rent and invest in your future with this updated home on its own land. This 3-bedroom, 2-bath has been refreshed from top to bottom, featuring a new roof, fresh interior and exterior paint, and stylish luxury vinyl flooring. Both bathrooms have been completely modernized. Enjoy the perfect balance of quiet, small-town charm and peaceful country living while staying perfectly connected. Centrally located within a 30-45 minute commute of Fort Carson, Colorado Springs, and Pueblo. The Seller is motivated and looking forward to reviewing all reasonable offers. Back on the market due to buyer's inability to secure financing.

205 Illinois St, Penrose

Courtesy of Tina Smith Real Estate .

$475,000
3 Beds ⋅ 2 Baths ⋅ 6953232 MLS
Experience the best of country living just minutes from town. Perfectly situated between Canon City and Pueblo near Penrose, this private 10-acre retreat offers versatility, wide-open space, and beautiful mountain views. The fully fenced acreage is ideal for horses or livestock and includes a loafing shed/barn for shelter. A seasonal stream with a natural pool meanders through one corner of the property, adding charm, tranquility, and a rare natural feature. The freshly painted 2-bedroom, 2-bath home (with a non-conforming third bedroom) is designed for efficiency, boasting exceptionally low utility costs. The property is serviced by a new water heater, well with a new well pump, equipped with a new water-treatment system, ensuring a reliable potable water supply, and multiple hydrants are conveniently located throughout the acreage. House also has a new ac/furnace system. Take in the sweeping vistas from the expansive 10' x 28' covered porch, or make use of the large concrete pad—ideal for gatherings, recreation, or future expansion. A long private driveway leads to a spacious 32' x 34' detached 2-car garage, perfect for vehicles, equipment, and storage. The well pump and water-treatment system are thoughtfully housed inside for added protection. Livestock enthusiasts will appreciate the 24' x 40' animal shelter with an attached 16' x 40' leanto, complete with corrals and extra fence panels. Also, an additional 24' x 40' insulated shop with a concrete floor provides excellent space for tools, projects, or hobbies, while its attached leanto offers additional covered parking or equipment storage. For outdoor recreation, the property includes a substantial berm ideal for target practice. With its blend of privacy, functionality, and natural beauty, this property is brimming with potential and ready to welcome your vision of country living.

340 12th St, Penrose

Courtesy of Sweet Homes Realty .

$259,900
3 Beds ⋅ 2 Baths ⋅ 6656031 MLS
Welcome to this well-maintained manufactured home set on a spacious one-acre lot in Penrose, Colorado, with Public/City Water offering endless possibilities for your rural lifestyle. With a convenient circular driveway and some cross-fencing already in place, this property provides an ideal setting for your aspirations—whether it’s raising animals, tending to horses, or having a spot for all of you extra things. The generous outdoor space enhances the value of this home, giving you room to roam, garden, or even build your own workshop. Inside, the thoughtfully designed floor plan is filled with natural light and features three comfortable bedrooms and two bathrooms. The master suite stands out with its large bedroom, expansive walk-in closet, and spacious master bathroom. The open-concept living area seamlessly connects to the kitchen, making it perfect for entertaining or family gatherings. For those summer evenings, relax in the sunroom or on large the covered deck, ideal for enjoying the fresh air and mountain views. This affordable home isn’t just a place to live; it’s an opportunity to embrace the country lifestyle you’ve always desired. Located close to Highway 115 with easy access to Colorado Springs and Pueblo, don’t miss the chance to make it yours!

550 4th St, Penrose

Courtesy of Real Broker, LLC .

$775,000
2 Beds ⋅ 2 Baths ⋅ 6735100 MLS
Situated on over 73 acres across two parcels, this exceptional Colorado ranch property offers a rare combination of privacy, recreation, and future development potential. The cozy 2-bedroom, 2-bath ranch home features a covered front deck with stunning views of Table Mountain and the Beaver Creek Wilderness Area, a grid-tied solar system for low utility costs, and a newer pellet stove for year-round comfort.New windows and Luxury Vinyl Plank in the bedrooms. A 10gpm well with a cistern and commercial reverse osmosis system insures pure clean water. The property is fully equipped for ranching or hobby farming with a 30x40 insulated garage/shop, a 30x46 insulated barn, livestock facilities, multiple storage sheds, partial fencing, and an electronic security gate. The second parcel has been thoughtfully prepared as a future dream-home site with underground power, completed septic perk testing. With breathtaking views of dramatic red rock formations and the snow-capped Sangre de Cristo Mountains, plus easy access to fishing, horseback riding, hiking, and trout-filled Beaver Creek, this is a truly unique opportunity to own a well-improved mountain ranch retreat.

8200 County Road 132, Penrose

Courtesy of Homesmart Preferred Realty .

$490,000
3 Beds ⋅ 2 Baths ⋅ 3075218 MLS
Horse property with nearly four acres, mountain views, and room for RVs, animals, and hobbies—this Penrose property offers the space and freedom many buyers are searching for. Located just 35 minutes from Colorado Springs and about 25 minutes to Pueblo or Cañon City, you can enjoy peaceful rural living while staying close to city conveniences. The attractive stucco home welcomes you with a courtyard-style entry and an open main-level living layout featuring vaulted ceilings, abundant natural light, and spacious living and dining areas that make the home feel larger than its footprint. The kitchen has been updated with generous cabinet and counter space, creating a functional and inviting space for daily living and entertaining. The bathrooms have also been tastefully updated, giving the home a refreshed and comfortable feel. Recent improvements provide added efficiency and peace of mind, including a brand new evaporative cooler, new insulation, an updated 100-amp electrical panel, and a radon mitigation system. Solar panels have been installed and will be fully paid off at closing, offering energy savings for the next owner. Outside, the property is set up for a variety of rural lifestyles. The nearly four-acre parcel includes a four-stall barn, detached workshop, and large garage with plenty of room for tools, equipment, and recreational vehicles. RV parking with hookups make it easy to host guests or store your rig. For hobbyists or those needing additional power, 220V service is available in both the sunroom and the detached garage. A hot tub hookup is also ready for relaxing evenings under Colorado’s wide-open skies. Additional highlights include an owned propane tank that will transfer with the property, expansive neighboring parcels that enhance the sense of privacy, and plenty of space for horses, animals, and outdoor living. Enjoy the quiet beauty of country living while remaining within easy reach of nearby cities, amenities, and Fort Carson.

575 11th St, Penrose

Courtesy of Home at 6035 LLC .

$550,000
3 Beds ⋅ 2 Baths ⋅ 240426 MLS
Surrounded by mountain views and open skies, this well-maintained ranch-style home offers the convenience of true main-level living on a level, usable property designed for both comfort and flexibility. Daily living is effortless with the primary living areas, laundry, and mechanical systems all located on the main floor. The spacious living room features vaulted ceilings, a gas fireplace, and transom windows that fill the home with natural light. Just beyond, the bright dining area creates a welcoming space for everyday meals and larger gatherings. The kitchen offers extensive custom wood cabinetry, generous counter space, stainless steel appliances, and a highly functional layout with abundant storage. The primary suite enjoys direct access to the backyard patio through a newer Andersen sliding door, while an additional slider off the dining area creates a seamless connection between indoor and outdoor living spaces. Outside, the property's level acreage offers exceptional versatility. The large circular driveway provides convenient access and ample room for guests, RVs, trailers, campers, and equipment. Mountain views can be enjoyed from both the front and rear of the property, while the backyard patio creates an inviting space for relaxing, entertaining. The oversized garage is a standout feature, complete with custom-built workbenches, extensive storage, bright lighting, and durable flooring—ideal for hobbies, projects, or organization. Solar panels help improve energy e

116 Top Notch Trl, Penrose

Courtesy of Pulse Real Estate Group Llc .

$550,000
3 Beds ⋅ 2 Baths ⋅ 2880809 MLS
Surrounded by mountain views and open skies, this well-maintained ranch-style home offers the convenience of true main-level living on a level, usable property designed for both comfort and flexibility. Daily living is effortless with the primary living areas, laundry, and mechanical systems all located on the main floor. The spacious living room features vaulted ceilings, a gas fireplace, and transom windows that fill the home with natural light. Just beyond, the bright dining area creates a welcoming space for everyday meals and larger gatherings. The kitchen offers extensive custom wood cabinetry, generous counter space, stainless steel appliances, and a highly functional layout with abundant storage. The primary suite enjoys direct access to the backyard patio through a newer Andersen sliding door, while an additional slider off the dining area creates a seamless connection between indoor and outdoor living spaces. Outside, the property's level acreage offers exceptional versatility. The large circular driveway provides convenient access and ample room for guests, RVs, trailers, campers, and equipment. Mountain views can be enjoyed from both the front and rear of the property, while the backyard patio creates an inviting space for relaxing, entertaining. The oversized garage is a standout feature, complete with custom-built workbenches, extensive storage, bright lighting, and durable flooring—ideal for hobbies, projects, or organization. Solar panels help improve energy efficiency and contribute to long-term utility savings. The unfinished basement provides significant storage and future expansion opportunities, featuring a roughed-in bathroom and partitioned areas that could accommodate additional bedrooms, office space, a recreation room, or expanded living quarters. Located in an area known for larger parcels and rural character, the property offers the flexibility many buyers are seeking, including space for horses and animals.

116 Top Notch Trail, Penrose

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