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33 7th Ave, Penrose
$225,000
3 Beds ⋅ 2 Baths ⋅ 3752581 MLS
Located in Penrose, this 3-bedroom, 2-bath home sits on approximately half an acre and offers plenty of usable space inside and out. The home is purged to the land, providing the benefit of real property status. Outside, the property features an oversized garage along with two additional storage sheds, offering plenty of room for vehicles, tools, equipment, or hobbies. The larger lot provides additional outdoor space with room for parking, storage, gardening, or other uses. Conveniently located next to the Penrose Community Library and close to local amenities, with easy access to Highway 50 for travel throughout the area. A well-rounded property with a half-acre lot, useful outbuildings, and a convenient Penrose location.

33 7th Ave, Penrose

Courtesy of Century 21 Community First . erick@firstcolorado.com,614-440-9031
474 Grant St, Penrose
$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 St, Penrose

Courtesy of HomeSmart Preferred Realty . sam@banningteam.com,719-458-1345
685 7th St, Penrose
$249,000
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 St, Penrose

Courtesy of Fathom Realty Colorado LLC . 777Roselle@gmail.com,720-301-5413
474 Grant St, Penrose
$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 .

685 7th St, Penrose
$249,000
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 .

474 Grant St, Penrose
$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 .

561 County Road 132, Penrose
$275,000
3 Beds ⋅ 2 Baths ⋅ 6245939 MLS
Five acres of wide open Colorado ground with no HOA and no restrictions gives you the kind of freedom that's getting harder to find. The land is partially fenced and ready for animals, a garden, or simply the quiet of open space. A dedicated RV pad with hookup means your rig has a proper home. And Colorado mountain views come standard — the kind that remind you every morning why you made the move. The home is a 3-bedroom, 2-bathroom manufactured home at 1,280 square feet, built in 2002 and move-in ready. It's a comfortable, livable space with room to personalize over time — solid bones, plenty of potential, and land that more than carries its weight. Rural living doesn't have to mean remote. Penrose puts you within easy commuting distance of Cañon City, Pueblo, and Colorado Springs — so you get the wide open spaces without giving up everyday conveniences. Affordable rural property with acreage, mountain views, and room for animals or recreational toys doesn't sit long in this market. If this checks your boxes, schedule a showing before someone else does.

561 County Road 132, Penrose

Courtesy of Keller Williams Performance Realty .

1574 4th St, Penrose
$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 .

1574 4th St, Penrose
$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 .

550 4th St, Penrose
$249,900
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 .

2 8th St, Penrose
$245,000
6397946 MLS
Welcome to LightSpring Property with 28 acres of fenced land. Features a non-sulfur 92 degree Hot Mineral Artesian Well flowing continuously from 980 feet below. The well boasts 75 gallons per minute adjudicated water right that is purposed for medicinal and irrigation. An annual 121 AF per year! Multiple possibilities including an excellent location for Solar and Wind farm/agrivoltiac/indoor therapy pool/ Permaculture/underground living site/Geothermal heated home and a Greenhouse! Brush Creek runs through the Southwesterly portion of the property. The owner allows responsible grazing that keeps taxes at a minimum. Easily visible from highway 50 on the north side. Just 12 miles east of Canon City and 1 mile west of of Highway 115 interchange. The south property line adjoins Highway 50 but currently does not have access. Deeded Access 30 Ft Easement that leads to the NE corner of property.

2 8th St, Penrose

Courtesy of Brady Realty .

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