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325 5th St, Penrose
$283,300
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 .

Selling Office: Outside Sales Office.

828 3rd St, Penrose
$150,000
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 St, Penrose

Courtesy of Rover Real Estate Company . James@roverrealestateco.com,719-431-1754

Selling Office: Rover Real Estate Company.

828 3rd St, Penrose
$150,000
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 .

Selling Office: Rover Real Estate Company.

835 3rd St, Penrose
$407,000
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 .

Selling Office: Comps, Only.

1044 P St, Penrose
$390,000
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 .

Selling Office: Comps, Only.

405 Illinois St, Penrose
$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 .

Selling Office: Homesmart Preferred Realty.

611 Q St, Penrose
$625,000
3 Beds ⋅ 4 Baths ⋅ 7915017 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 . coddingtonscott@gmail.com,719-238-3536

Selling Office: HomeSmart Preferred Realty.

611 Q St, Penrose
$625,000
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 .

Selling Office: Homesmart Preferred Realty.

1110 Q St, Penrose
$385,000
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 .

Selling Office: Real Broker, LLC.

21691 County Road 67, Penrose
$469,000
2 Beds ⋅ 2 Baths ⋅ 7797988 MLS
Incredible OFF-THE-GRID mountain retreat on 40 acres with BLM land on two sides featuring SOLAR, PROPANE, and NATURAL SPRING. This property allows the hustle and bustle of everyday life to slow down as you soak in the natural beauty of all Colorado has to offer. Tucked away on the land is a two story cabin style home. The main level walks into a covered and heated front porch. Through the front door you're greeted by a spacious living area with wood burning stove. Off the living area there is a bedroom with 1/2 bath. The upper level walks directly into the dining area and large kitchen with ample counter space. The upper level also has bedroom two and a full bath with large garden tub. The bedroom can also be utilized as a family room as it is currently. The upper level walks out to a stunning covered deck with views galore. The back side of the home walks out to the back yard and a Mallard Trailer that has been updated to a bedroom. This property has so much to offer with its gorgeous trees, meadow, privacy, endless views, and a home tucked away amidst it all.

21691 County Road 67, Penrose

Courtesy of eXp Realty, LLC . troy@opulentgroup.com,719-505-0888

Selling Office: Keller Williams Foothills Realty.

4200 County Road 123, Penrose
$265,000
3 Beds ⋅ 2 Baths ⋅ 2576007 MLS
Enjoy peaceful country living in this spacious 3-bedroom, 2-bath modular home perfectly situated on 5 beautiful acres. The home features brand-new flooring throughout and has been freshly cleaned and move-in ready—perfect for those seeking comfort and space. The open floor plan offers a welcoming living area, bright kitchen with plenty of cabinet space, and a roomy dining area for family gatherings. The primary suite includes a private bath and generous closet space, while the additional bedrooms provide flexibility for guests, home office, or hobbies. Outside, you’ll find a detached garage and multiple outbuildings, ideal for storage, a workshop, or small livestock. The property offers endless possibilities—gardening, recreation, or simply enjoying the peace and privacy of rural life. FHA financing welcome! Don’t miss your chance to own this well-maintained country retreat—clean, ready to go, and waiting for its next owner.

4200 County Road 123, Penrose

Courtesy of Keller Williams Performance Realty .

Selling Office: Keller Williams Performance Realty.

215 Sherrill Dr, Penrose
$370,000
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 .

Selling Office: Re/Max Royal Gorge.

215 Sherrill Dr, Penrose
$370,000
3 Beds ⋅ 2 Baths ⋅ 239722 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 .

Selling Office: RE/MAX Royal Gorge.

1055 3rd St, Penrose
$340,000
4 Beds ⋅ 2 Baths ⋅ 240110 MLS
Discover the possibilities on this 4.65-acre property, offering 4 shares of Beaver Park Water and a 4-bedroom, 2-bathroom home that is fully livable but will need some work, providing an opportunity to apply your vision and make it your own. The main living area of the home showcases arched windows that fill the space with natural light, a vintage cast-iron stove adds warmth, charm, and character to the family room, indoor-outdoor living with a screened-in porch and covered patio. Situated on a paved road with easy access to Hwy 115, this property blends rural living with convenience to Colorado Springs, Canon City, and Pueblo. The fully fenced acreage is ready for planting or livestock and is separated from the home by a stucco boundary wall. A heated and insulated 4-car detached garage plus a multi-use outbuilding provide endless options for a workshop, storage or hobby space. Additional features include a greenhouse, raised garden bed, gazebo, and dog kennel. This property delivers remarkable potential and the freedom to create the home you've always envisioned. ***Home condition will not meet FHA or VA loan requirements.

1055 3rd St, Penrose

Courtesy of Pueblo Home Realty, LLC .

Selling Office: Outside Sales Office.

100 Broadway Na, Penrose
$100,000
4671310 MLS
Prime Highway 115 frontage in the growing community of Penrose presents a rare opportunity to secure a highly visible commercial site with exceptional accessibility and long-term upside. This approximately 1.5-acre parcel is zoned Business and offers egress from at least two sides, making it ideal for a wide range of commercial uses that benefit from strong traffic flow and easy customer access. Positioned next to the Penrose Library, the property enjoys a steady stream of local activity while maintaining outstanding exposure along one of the area’s primary transportation corridors. Whether you're envisioning a neighborhood retail center, mini mall, auto parts store, auto sales lot, service-based business, or a mixed-use commercial concept, this site provides the flexibility and visibility to support a successful venture. A major advantage is the paid and installed water tap, significantly reducing upfront development costs and timelines. The mostly level topography further enhances buildability, allowing for efficient site planning and construction. Penrose continues to attract attention from investors and business owners seeking more affordable alternatives to larger urban markets like Colorado Springs and Pueblo, while still benefiting from strong regional connectivity. With limited commercially zoned land remaining in the area, this property stands out as a strategic acquisition for those looking to establish or expand their footprint in a growing Southern Colorado market. Opportunities like this—with highway frontage, utilities in place, flexible zoning, and strong visibility, are becoming increasingly scarce. Secure your position now and bring your vision to life in Penrose.

100 Broadway Na, Penrose

Courtesy of Keller Williams Performance Realty .

Selling Office: Keller Williams Performance Realty.

1534 7th St, Penrose
$675,000
4 Beds ⋅ 2 Baths ⋅ 6705889 MLS
This isn’t a “scroll past” listing—it’s a right buyer, right moment property. A custom Northern New Mexico–inspired ranch on 10 acres, built with ICF construction a clear focus on craftsmanship, quality, and long-term livability. A solid hickory front door sets the tone, leading into a light-filled, open layout framed by Marvin Integrity windows, exposed wood beams, transom accents, and acid-stained concrete floors w/ radiant in-floor heat. Step-free living—no stairs or barriers anywhere in the home, a true zero-step floor plan designed for ease, comfort, and long-term usability. The kitchen is built for real use w/ custom hickory cabinetry, a 4x12 stainless steel island with power, quartz countertops a distinctive pebble finish, high-end appliances, a large Ruvati farmhouse sink. Primary suite opens directly to the patio w/ sweeping views of the Wet Mountains and Greenhorn range, complemented by a spa-style bath with multi-head shower, custom wood vanity, natural light from a solar tube. Throughout the home, you’ll find a level of material quality and detail rarely seen in comparable properties—from solid wood construction, epoxy grout finishes, and limestone windowsills to thoughtfully designed spaces filled with natural light and warmth. Additional features include a wood-burning stove with fresh air intake, energy-efficient blinds, oversized heated garage with workspace, and flexible bonus/studio space with 220 power ideal for hobbies, equipment, or a home business. This is a true horse property with irrigation water shares, gated pipe system, multiple outbuildings including shop, tractor storage, and utility sheds, plus ample room for animals, riding, equipment, or future expansion, along with nearly 900 square feet of covered patios and courtyard spaces designed for year-round outdoor living. Located in Penrose, offers privacy and a sense of place that’s increasingly hard to find—ideal for a buyer who values how a home is built just as much as how it lives.

1534 7th St, Penrose

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

Selling Office: HomeSmart Preferred Realty.

1534 7th St, Penrose
$675,000
4 Beds ⋅ 2 Baths ⋅ 2173738 MLS
This isn’t a “scroll past” listing—it’s a right buyer, right moment property. A custom Northern New Mexico–inspired ranch on 10 acres, built with ICF construction a clear focus on craftsmanship, quality, and long-term livability. A solid hickory front door sets the tone, leading into a light-filled, open layout framed by Marvin Integrity windows, exposed wood beams, transom accents, and acid-stained concrete floors w/ radiant in-floor heat. Step-free living—no stairs or barriers anywhere in the home, a true zero-step floor plan designed for ease, comfort, and long-term usability. The kitchen is built for real use w/ custom hickory cabinetry, a 4x12 stainless steel island with power, quartz countertops a distinctive pebble finish, high-end appliances, a large Ruvati farmhouse sink. Primary suite opens directly to the patio w/ sweeping views of the Wet Mountains and Greenhorn range, complemented by a spa-style bath with multi-head shower, custom wood vanity, natural light from a solar tube. Throughout the home, you’ll find a level of material quality and detail rarely seen in comparable properties—from solid wood construction, epoxy grout finishes, and limestone windowsills to thoughtfully designed spaces filled with natural light and warmth. Additional features include a wood-burning stove with fresh air intake, energy-efficient blinds, oversized heated garage with workspace, and flexible bonus/studio space with 220 power ideal for hobbies, equipment, or a home business. This is a true horse property with irrigation water shares, gated pipe system, multiple outbuildings including shop, tractor storage, and utility sheds, plus ample room for animals, riding, equipment, or future expansion, along with nearly 900 square feet of covered patios and courtyard spaces designed for year-round outdoor living. Located in Penrose, offers privacy and a sense of place that’s increasingly hard to find—ideal for a buyer who values how a home is built just as much as how it lives.

1534 7th St, Penrose

Courtesy of Berkshire Hathaway HomeServices Rocky M .

Selling Office: Homesmart Preferred Realty.

1811 11th St, Penrose
$435,000
3 Beds ⋅ 2 Baths ⋅ 6180842 MLS
Welcome to your idyllic retreat, where the serenity of rural living harmonizes with the comforts of a spacious tri-level home. Nestled on a sprawling 10 acres, this property is a canvas for your dreams, complete with outbuildings, former hay fields, and ditch shares, making it the perfect setting for homesteading enthusiasts and nature lovers alike! Step inside to discover a thoughtfully designed tri-level home. The layout provides ample space for family gatherings and quiet retreats alike. With cozy corners for reading, and open spaces for entertaining, you'll feel right at home from the moment you arrive. With 10 acres at your disposal, the possibilities are boundless! Cultivate your own garden, raise livestock, or simply enjoy the vastness of open space. The former hay fields are ready to be transformed into whatever your heart desires - whether that’s a flourishing farm or a tranquil sanctuary. The property features several outbuildings. With the right vision, these structures can become functional aspects of your homestead, accommodating your farming ambitions or providing extra space for hobbies. While you’ll feel a world away from the stress of urban life, this property remains conveniently located between Canon City and Pueblo West. Don’t miss this rare opportunity to own a piece of paradise where the joys of homesteading await you. Whether you envision a thriving farm, a serene retreat, or a family estate, this tri-level home on 10 acres provides the perfect foundation for your dreams. Loan is VA Assumable.

1811 11th St, Penrose

Courtesy of Proficient Property Management Serv .

Selling Office: Comps, Only.

62 9th Ave, Penrose
$379,382
3 Beds ⋅ 2 Baths ⋅ 8689932 MLS
Discover the perfect blend of comfort, style, and country living with this exceptional 3 bedroom 2 bath horse property with gorgeous mountain views in Penrose. This beautifully updated ranch-style home features thoughtful upgrades throughout, including stunning tile work in the kitchen and bathrooms, newer luxury vinyl plank flooring, new blinds on all windows and rich hickory cabinetry that adds warmth and character. Enjoy peace of mind with a durable metal roof and the added bonus of energy-efficient solar power that will be paid off at closing with an acceptable offer. The former garage has been converted into a heated work space and spacious storage but can easily be restored to suit your needs. Situated on over 3.5 acres, this property is equipped for your equestrian lifestyle with a custom-built round pen that provides the ideal space for riding, training, or exercising your horses. The pasture is fenced on all sides. The expansive land offers endless possibilities for gardening, animals, and outdoor living. Relax on the inviting front porch and take in the serene surroundings—perfect for unwinding after a long day. Conveniently located within walking distance to the library, grocery store, restaurants, and park. This home truly offers the best of both rural charm and in-town accessibility. Easy short commute to Florence, Canon City, Pueblo and Colorado Springs.

62 9th Ave, Penrose

Courtesy of Homesmart .

Selling Office: Comps, Only.

1811 11th St, Penrose
$435,000
3 Beds ⋅ 2 Baths ⋅ 240266 MLS
Welcome to your idyllic retreat, where the serenity of rural living harmonizes with the comforts of a spacious tri-level home. Nestled on a sprawling 10 acres, this property is a canvas for your dreams, complete with outbuildings, former hay fields, and ditch shares, making it the perfect setting for homesteading enthusiasts and nature lovers alike! Step inside to discover a thoughtfully designed tri-level home. The layout provides ample space for family gatherings and quiet retreats alike. With cozy corners for reading, and open spaces for entertaining, you'll feel right at home from the moment you arrive. With 10 acres at your disposal, the possibilities are boundless! Cultivate your own garden, raise livestock, or simply enjoy the vastness of open space. The former hay fields are ready to be transformed into whatever your heart desires - whether that's a flourishing farm or a tranquil sanctuary. The property features several outbuildings. With the right vision, these structures can become functional aspects of your homestead, accommodating your farming ambitions or providing extra space for hobbies. While you'll feel a world away from the stress of urban life, this property remains conveniently located between Canon City and Pueblo West. Whether you envision a thriving farm, a serene retreat, or a family estate, this tri-level home on 10 acres provides the perfect foundation for your dreams. Loan is VA Assumable.

1811 11th St, Penrose

Courtesy of Proficient Property Mgmt. Svcs .

Selling Office: Outside Sales Office.

1534 7th St, Penrose
$675,000
2 Beds ⋅ 2 Baths ⋅ 239252 MLS
This is not a “scroll past” listing—it's a right buyer, right story/dream-come-true property. A thoughtfully designed, custom-built Northern New Mexico–inspired ranch on 10 acres, built for longevity, efficiency, and craftsmanship using ICF construction. The solid hickory front door sets the tone—intentional construction, durable materials, and details rarely found in standard builds. Inside, the open layout is filled with natural light, framed by Marvin Integrity windows, solid wood beams, and acid-stained concrete floors with radiant in-floor heat, built with a double-slab system and multiple zones. The kitchen is highly functional, featuring custom hickory cabinetry, a large stainless-steel island, and quartz countertops with a unique pebble finish—designed to be used, not just admired. The primary suite connects to the outdoors with patio access and views of the Wet Mountains and Greenhorn range, plus an ensuite with a multi-head shower. What sets this home apart is how it was built: enhanced rebar reinforcement, full foundation moisture barrier, engineered patio to prevent settling, and a metal roof with oversized flashing. Major systems—including a 6-zone boiler and oversized solar array—were selected for performance and longevity. Outside offers irrigation water shares, multiple outbuildings, and space for equipment, animals, or expansion. Located in Penrose, you'll enjoy a quiet setting with room to breathe, while still near everyday conveniences.

1534 7th St, Penrose

Courtesy of BHHS Rocky Mountain, REALTORS .

Selling Office: HomeSmart Preferred Realty.

313 Grant St, Penrose
$236,500
2 Beds ⋅ 1 Baths ⋅ 5851276 MLS
Wonderful remodeled Penrose home ideally located within walking distance of downtown restaurants, shops, the library, and post office. This move-in-ready property has been completely updated and features an open floor plan with a spacious living room, a beautifully remodeled kitchen with new cabinetry, and all appliances included—refrigerator, range, dishwasher, washer, and dryer. The remodeled bathroom showcases attractive ceramic tile flooring and a tiled tub surround. Additional upgrades include beautiful, refinished hardwood floors, upgraded interior/exterior doors, energy-efficient double-pane vinyl windows, increased insulation, fresh interior and exterior paint, and a new 50-year impact-resistant roof. Outdoor living is easy with a large covered rear deck overlooking the generous ¼-acre lot. The property also includes a new quality 12' x 28' storage shed with loft space, providing excellent storage or workshop potential. Plenty of off-street parking, including RV parking, completes this exceptional property. Enjoy the convenience of a central Penrose location combined with the peace of mind that comes from extensive recent improvements. This is a wonderful opportunity to own a beautifully updated home with room to grow.

313 Grant St, Penrose

Courtesy of Frontier West Realty .

Selling Office: Proficient Property Management Serv.

909 K St, Penrose
$588,000
3 Beds ⋅ 3 Baths ⋅ 1466984 MLS
Fort Carson Friendly- Space to Relax Irrigated Horse Property with Lester Barn, Producing Hay Field, Paid-Off Solar & Private 1-Bedroom ADU Exceptional opportunity to own a truly functional 5-acre ranchette in Penrose. This well-maintained property includes water shares, fenced irrigated pasture, and a producing hay field — ideal for horse owners or small-scale agricultural use. The impressive 4+ stall Lester barn is equipped with electricity and water, offering quality construction and excellent functionality for equestrian or hobby farm needs. The home reflects pride of ownership with beautiful hardwood floors, comfortable living spaces, and efficient hot water heat providing consistent, quiet warmth throughout. Energy efficiency is enhanced by active solar panels that are fully paid in full, offering long-term savings. The kitchen and baths offer classic finishes. A standout feature is the detached 2-car garage with attached private 1-bedroom ADU featuring numerous built-ins — ideal for multigenerational living, guest quarters, rental income, or dedicated office space. This property offers the rare combination of usable acreage, agricultural production, quality outbuildings, energy efficiency, and flexible living options — all within convenient distance to Pueblo, Canon City, and Colorado Springs.

909 K St, Penrose

Courtesy of Re/Max Royal Gorge .

Selling Office: Homesmart Preferred Realty.

603 K St, Penrose
$325,000
2 Beds ⋅ 1 Baths ⋅ 1305136 MLS
10 acres and entry level house make for an exciting opportunity to own a chunk cheap! This corner lot has views, size, and versatility to do what you want. The small home is turn-key livable and all systems are go. 2 bedrooms with a full bathroom, large kitchen and open living room. Laminate flooring, forced air gas furnace, and evaporative cooling. It has a fenced yard for dog, and garden shed attached to carport for some outside storage options. Nice 10' x 16' stand alone shed and large shade tree for the summer months to come. Property has some corrals, fenced, cross-fenced and sub irrigated. The structures are nestled into one small corner of the large property making it ideal for future development ideas. See this super opportunity today.

603 K St, Penrose

Courtesy of Keller Williams Performance Realty .

Selling Office: Custer County Realty, Inc..

555 D St, Penrose
$277,700
3 Beds ⋅ 2 Baths ⋅ 9016722 MLS
Wonderfully maintained and remodeled home on irrigated and fenced 1 acre lot. Separate living room and family rooms with laminate floors and with a woodstove fireplace. Nice size kitchen with pantry and lots of cabinets, and a nice master suite with full bathroom. Mature trees, fenced front yard and lots of nice custom concrete work, covered front patio and RV parking. Oversized one car carport, 12 x 16 loafing shed, to 12 x 16 storage sheds and an inground pool all fenced for privacy with a large pool patio. Gated irrigation pipe, an additional 12 x 16 storage building and another 20 x 8 storage building. New roof in 2025. Lots of pride of ownership. One share beaver Park irrigation water.

555 D St, Penrose

Courtesy of Kurt Zerby Real Estate Group .

Selling Office: Comps, Only.

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