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$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 .

$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

$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

$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 .

$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 .

$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. .

$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 .

$990,000
5 Beds 3 Baths 3550439 MLS
Welcome home to this magnificent horse property situated on 10 acres with irrigation. This spacious 5 bedroom 3 bath home has many upgrades throughout. Five piece bath off the primary suite with copper tub, double sinks, walk in closet and seperate water closet. Kitchen features two islands with leathered granite countertops. Two spare bedrooms separated by a bathroom. In the walkout basement you are greeted by a large living room with gas fireplace and bar area perfect for entertaining. Two bedrooms one with large walk in closet separated by a bathroom. There is also a large storage room. Solar on the roof of the barn to cut the utility bills down. Beautiful landscaping in the front and backyard with tremendous views off the back porch. 40'x60' horse barn with 5 stalls and pipe runs off each stall. A 12x12 insulated tack room, hay storage and a wash area. Covered area off the back of the barn offers extra storage. Large pipe round pen and 150'x275' pipe roping arena and return alley with three cattle pens each with their own shelter. Automatic waters with electricity in all pens. RV plug for trailers or guests with plenty of parking for all the toys. The hayfield/pasture is approximately 5.5 acres and irrigated with 5 shares of Beaver Park water. You can turn the animals out of cut and bale the hay. There is also a separate pasture about 3/4 of an acre for turnout. This property is a must see for anyone with animals and wanting some elbow room.

1675 M St, Penrose

Courtesy of Re/Max Associates .

$1,300,000
3 Beds 3 Baths 7957906 MLS
Beaver Creek Ranch is a stunning 108-Acres with an Adobe-Style Home, Arena, Barn & More! Tucked away off of Highway 115, down a private driveway, this 2,915 sf adobe-style home sits on 108 acres of ranch land, perfectly equipped for both equestrian and agricultural pursuits. This property offers endless opportunities—whether you're looking for a working ranch, private retreat, or multi-use estate. The main level of the home boasts classic adobe character with beautiful wood beams, tile flooring, and spacious living. A large family room, separate living room, dining room, laundry room, and a kitchen with a walk-in pantry create a functional and inviting layout. The master suite features a generous walk-through closet. New flooring enhances the living space. Upstairs, a third bedroom and full bathroom with its own outdoor entrance provides great flexibility—ideal for guests, rental, multi generational living or can be used as a craft room. The home is largely self-sufficient with 72 solar panels. Sweeping mountain views and a seasonal creek attract abundant wildlife, creating a peaceful, scenic backdrop. For equestrian enthusiasts, this ranch is truly horse-ready. It features a 300' x 155' riding arena, a 50' x 115' barn with 9 stalls, tack room & hay storage. A loafing shed & 4 corrals with shipping chute. Approximately 30 acres of irrigated hay field provide agricultural potential, with hay freshly baled in August. The property comes with 31 shares of irrigated water shares through Beaver Park Water. Additional income is generated by a discreet internet tower leased to SECOM, located out of sight on a near by bluff. There is also a shooting range at the back of the property. With its private setting & wide-open spaces and located just north of downtown Penrose, close to Canon City, Pueblo & Colorado Springs, this unique property is a rare gem!

18530 Hwy 115, Penrose

Courtesy of Homesmart .

$719,000
3 Beds 3 Baths 4987296 MLS
HORSE PROPERTY, OUTBUILDINGS GALORE -- Welcome to one of the best-designed five-acre horse properties in Penrose! Pull in through the remote-controlled gate and drive slowly to take it all in! Nestled attractively on the east end of the property is this charming rancher, detached 38x17 garage, 60x40 heated shop with built-in air compressor, 220 electric, (2) 20 x 60 storage on each side of the shop with loft, (2) 12 x12 horse stalls with feeders, 12x24 cover over stalls for shade, one 12x18 horse stall, heated water, pipe fencing, 24x12 tack room with cement floor, 24x11 feed room w/electric, 14x8 utility/storage/greenhouse, chicken coop, 32x41 dog pen, covered patio with waterfall feature/flower garden, and hot tub! Since purchasing, the Seller has done many upgrades. Inside, 2 primary bedrooms with ensuite baths, 3rd bedroom, and a guest bath. Vaulted tongue and groove Aspen ceiling, wood burning stove, and a propane fireplace. In the kitchen, two pantries, Dacor appliances, all attached to a spacious mud/laundry room. Attached heated/cooled sunroom built in 2022. Privacy fencing, central heat and air conditioning, decorative pond/water feature (rebuilt), approx. 3.5 acre crop and 5 shares of Beaver Park Water.

445 G Street, Penrose

Courtesy of Summit & Main Realty Group . kimberly@summitandmain.com,719-792-9108

$990,000
5 Beds 3 Baths 234647 MLS
Welcome home to this magnificent horse property situated on 10 acres with irrigation. This spacious 5 bedroom 3 bath home has many upgrades throughout. Five piece bath off the primary suite with copper tub, double sinks, walk in closet and seperate water closet. Kitchen features two islands with leathered granite countertops. Two spare bedrooms separated by a bathroom. In the walkout basement you are greeted by a large living room with gas fireplace and bar area perfect for entertaining. Two bedrooms one with large walk in closet separated by a bathroom. There is also a large storage room. Solar on the roof of the barn to cut the utility bills down. Beautiful landscaping in the front and backyard with tremendous views off the back porch. 40x60 horse barn with 5 stalls and pipe runs off each stall. A 12x12 insulated tack room, hay storage and a wash area. Covered area off the back of the barn offers extra storage. Large pipe round pen and 150'x275' pipe roping arena and return alley with three cattle pens each with their own shelter. Automatic waters with electricity in all pens. RV plug for trailers or guests with plenty of parking for all the toys. The hayfield/pasture is approximately 5.5 acres and irrigated with 5 shares of Beaver Park water. You can turn the animals out of cut and bale the hay. There is also a separate pasture about 3/4 of an acre for turnout. This property is a must see for anyone with animals and wanting some elbow room.

1675 M St, Penrose

Courtesy of RE/MAX Associates .

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