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465 D St, Penrose
$1,100,000
5 Beds ⋅ 5 Baths ⋅ 8413294 MLS
Discover a distinctive country estate on 4 acres in Penrose, Colorado, conveniently located near Cañon City, Florence, Pueblo, and Colorado Springs. Offering spectacular views of the Sangre de Cristo Mountains and iconic Pikes Peak, this unique property combines country living, beautiful landscaping, and exceptional versatility. The primary home features over 3,000 square feet, 4 bedrooms, 4 bathrooms, three fireplaces, and multiple living areas. The spacious kitchen boasts a double oven, built-in pizza oven, new cooktop, and new dishwasher. New Flooring has been installed in the past few years. The home has undergone numerous tasteful remodeling and new Windows and sliding glass doors. A coffee bar and living room wet bar add special touches, while mountain views from numerous windows bring Colorado's scenery indoors. Beautifully landscaped grounds feature European apple and pear trees, an approximately 9,000-gallon koi pond and a new fountain in the main homes back yard, and drip irrigation supplied by Beaver Park Ditch share water. Multiple spacious patios, three separate courtyards, and an outdoor cooking oven create inviting spaces for outdoor entertaining and enjoying the peaceful surroundings. A second building of over 2,000 square feet includes a full kitchen with a new double drawer Cafe Dishwasher, full bathroom with tub and shower, an upstairs bedroom, and a large great room. This building has housed the successful Brush Hollow Winery for several years. The thriving, growing winery is relocating to a larger location; the real estate is being offered for sale. The fully insulated 30' x 40' garage/shop currently serves the winery's production needs and offers additional potential, subject to applicable approvals. Zoning accommodates livestock such as horses, offering added appeal for those seeking a country lifestyle. Enjoy mountain views, room to spread out, and convenient access to nearby communities at this exceptional Penrose property.

465 D St, Penrose

Courtesy of Keller Williams Performance Realty .

68948 Us Highway 50, Penrose
$1,299,000
4 Beds ⋅ 3 Baths ⋅ 8216103 MLS
A once-in-a-lifetime opportunity to own a true piece of the American dream! This beautiful custom home is nestled on over 63 acres and offers privacy, space, and breathtaking 360° mountain views. A charming bell calls everyone together to gather and enjoy the beauty of Colorado. The main residence features a private primary suite secluded from the other bedrooms, plus a private den with slate floors, fireplace, and separate garage entrance. The heart of the home is a cook’s kitchen with commercial refrigerator/freezer, mahogany cabinets, pass-through, and galvanized steel flooring. A family size dining room and main living room open to a composite deck, creating an ideal space for entertaining. A private loft getaway provides children with their own special retreat. Downstairs offers a family room with wood-burning stove, second bedroom with attached ¾ bath, two additional bedrooms, another bath, and abundant storage throughout. Passive solar adds to the home's thoughtful design. Step outside to enjoy stunning mountain views from the deck or patio, stroll the acreage, or gather around the fire pit for an unforgettable evening. A separate Casita features its own kitchen, living room, and bedroom—perfect for guests, a college student, or rental income. Dreaming of a private gym? A dedicated building is ready for your fitness space and includes a mini-split for heating and cooling. History enthusiasts will love the original Trapper Cabin brought to the property from South Park, offering a charming private retreat. The property also includes a graveled RV parking area, grazing land, round pen, and small-animal building secured by a 6-foot chain-link fence. Come live your Colorado dream—where majestic views, clean mountain air, privacy, and endless possibilities await. This is more than a home. It is a place to breathe deeply, slow down, gather

68948 Us Highway 50, Penrose

Courtesy of Keller Williams Clients Choice Realty . 719-660-6071

no property photo
$1,299,000
4 Beds ⋅ 3 Baths ⋅ 4480405 MLS
once-in-a-lifetime opportunity to own a true piece of the American dream! This beautiful custom home is nestled on over 63 acres and offers privacy, space, and breathtaking 360° mountain views. A charming bell calls everyone together to gather and enjoy the beauty of Colorado. The main residence features a private primary suite secluded from the other bedrooms, plus a private den with slate floors, fireplace, and separate garage entrance. The heart of the home is a cook’s kitchen with commercial refrigerator/freezer, mahogany cabinets, pass-through, and galvanized steel flooring. A family-size dining room and main living room open to a composite deck, creating an ideal space for entertaining. A private loft getaway provides children with their own special retreat. Downstairs offers a family room with wood-burning stove, second bedroom with attached ¾ bath, two additional bedrooms, another bath, and abundant storage throughout. Passive solar adds to the home's thoughtful design. Step outside to enjoy stunning mountain views from the deck or patio, stroll the acreage, or gather around the fire pit for an unforgettable evening. A separate Casita features its own kitchen, living room, and bedroom—perfect for guests, a college student, or rental income. Dreaming of a private gym? A dedicated building is ready for your fitness space and includes a mini-split for heating and cooling. History enthusiasts will love the original Trapper Cabin brought to the property from South Park, offering a charming private retreat. The property also includes a graveled RV parking area, grazing land, round pen, and small-animal building secured by a 6-foot chain-link fence. Come live your Colorado dream—where majestic views, clean mountain air, privacy, and endless possibilities await. This is more than a home. It is a place to breathe deeply, slow down, gather with the people you love, and experience the freedom of wide-open Colorado living. Come live your dream and enjoy life!

68948 Us Highway 50, Penrose

Courtesy of Keller Williams Clients Choice Realty .

2134 Tepley Trl, Penrose
$799,000
5 Beds ⋅ 3 Baths ⋅ 9843746 MLS
Welcome to 2134 Tepley Trail. Set on approximately 35 acres in Penrose, this 5-bedroom, 3-bath home delivers the Colorado lifestyle—privacy, 360-degree views, room for animals, trails and outdoor living, with easy access to Highway 115 to commute to Colorado Springs, Pueblo and Penrose. Inside, natural wood accents, large windows and multiple living spaces create a warm, inviting home. The refreshed kitchen features refinished cabinetry and countertops, updated hardware and stainless appliances. Five bedrooms provide flexibility for family, guests, offices or hobbies, while the upstairs bedroom area includes a rough-in for a future 4th bathroom. A partially finished heated and cooled bonus/storage/workshop space adds even more versatility. Outside, the acreage is ready to enjoy with a goat/chicken barn area, large chicken run and coop, fenced pasture for small livestock, raised garden beds and approximately 2 fenced acres around the home, including a .2-mile walking loop. A south gate provides access to the property's trail system, while multiple pergolas, established landscaping and a hot tub create inviting outdoor spaces. Major improvements include a 30-year warrantied roof, professional-grade septic system, updated windows throughout most of the home, new stucco, serviced and inspected well, improved driveway and road base, updated bathrooms, fixtures, doors and more. A solar system helps offset electric costs, adding another practical benefit to this acreage property. Property owners also enjoy access to approximately 200 additional acres reserved for area landowners. This home offers it all. Space. Privacy. Views. Animals. Trails. This is Colorado acreage living with the big projects already handled. Bring all offers!

2134 Tepley Trl, Penrose

Courtesy of Keller Williams Performance Realty .

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

72 Pleasure Trl, Penrose
$490,000
3 Beds ⋅ 3 Baths ⋅ 242540 MLS
Welcome to this beautifully designed 1 owner ranch home in Top Rail Ranch Estates! 3-bedrooms, 3-bathrooms situated on an expansive 2.74-acre lot. This thoughtfully crafted residence features distinctive architecture, a tile roof, stucco exterior, and vaulted ceilings that create an open, airy feel throughout the main living spaces. The inviting living area centers around a gas fireplace and flows seamlessly into the kitchen and dining space—perfect for everyday living and entertaining. The kitchen features abundant cabinetry, including some with glass-front accents, tile countertops, and a convenient breakfast bar. There's a formal dining space plus a dine in kitchen space with a fabulous coffee bar. Designed for easy indoor-outdoor living, the home opens from slider to a covered concrete back patio where you can take in the breath taking mountain views and peaceful surroundings. The backyard is a true retreat, featuring a charming pond with fish and water lilies, raised garden beds for gardening enthusiasts, and a mini putting green for recreation and relaxation! The spacious primary suite includes a walk-in closet plus an additional closet, along with an adjoining three-quarter bath featuring a double-sink vanity and a French door. Additional features include a well-appointed laundry area with a utility sink and built-in cabinetry for added convenience. An attached, finished three-car garage completes this exceptional property. Set an appointment to view today!

72 Pleasure Trl, Penrose

Courtesy of All Seasons LLC. .

72 Pleasure Trl, Penrose
$490,000
3 Beds ⋅ 3 Baths ⋅ 2706455 MLS
Welcome to this beautifully designed 1 owner ranch home in Top Rail Ranch Estates! 3-bedrooms, 3-bathrooms situated on an expansive 2.74-acre lot. This thoughtfully crafted residence features distinctive architecture, a tile roof, stucco exterior, and vaulted ceilings that create an open, airy feel throughout the main living spaces. The inviting living area centers around a gas fireplace and flows seamlessly into the kitchen and dining space—perfect for everyday living and entertaining. The kitchen features abundant cabinetry, including some with glass-front accents, tile countertops, and a convenient breakfast bar. There's a formal dining space plus a dine in kitchen space with a fabulous coffee bar. Designed for easy indoor-outdoor living, the home opens from slider to a covered concrete back patio where you can take in the breath taking mountain views and peaceful surroundings. The backyard is a true retreat, featuring a charming pond with fish and water lilies, raised garden beds for gardening enthusiasts, and a mini putting green for recreation and relaxation! The spacious primary suite includes a walk-in closet plus an additional closet, along with an adjoining three-quarter bath featuring a double-sink vanity and a French door. Additional features include a well-appointed laundry area with a utility sink and built-in cabinetry for added convenience. An attached, finished three-car garage completes this exceptional property, offering both functionality and lots of storage. This home delivers scenic beauty with sweeping views of Pikes Peak and the Wet Mountains, unique outdoor amenities, and comfortable single-level living in a highly desirable setting! Set an appointment to view today!

72 Pleasure Trl, Penrose

Courtesy of All Seasons Llc .

1001 I St, Penrose
$375,000
3 Beds ⋅ 3 Baths ⋅ 3857710 MLS
Enjoy space, versatility, and country living with this beautifully remodeled three-bedroom, three-bathroom home situated on one acre in Penrose. Offering approximately 2,000 square feet, the home has been completely updated within the past five years and features central air conditioning and a forced-air furnace for year-round comfort. The spacious primary suite is a true retreat, complete with a walk-in closet, large bath, and an adjoining office or library. Outside, you’ll find a shop or small barn, an additional metal shed with a lean-to, a carport, and a covered porch area ready for a hot tub. The fully fenced front yard and gated entrance provide added privacy. One Conex container has been converted into a storage workshop, while a second Conex is buried and used as a cellar. An underground shooting range adds an exceptional bonus for recreation and target practice! One share of beaver park water for irrigation keeps the side field nice and green! Conveniently located between Colorado Springs, Pueblo, and Cañon City, this property combines a peaceful rural setting with easy access to surrounding communities. With flexible outbuildings, irrigated ground, and thoughtful updates throughout, this one-of-a-kind Penrose property is ready for its next owner.

1001 I St, Penrose

Courtesy of Custer County Realty, Inc. .

107 Bowie Rd, Penrose
$499,910
2 Beds ⋅ 2 Baths ⋅ 4031182 MLS
Welcome to “LA MILPA,” a truly one-of-a-kind Earthship home on 40.23 private acres in Penrose! Built in 1994, this remarkable 3,022 sq ft home with 2 bedrooms, 1 full & 1 three-quarter bath blends passive-solar design, earth-sheltered construction and renewable energy with warm Southwestern character with A NEW ROOF TO BE INSTALLED! A long wall of south-facing glass fills the home with natural light, while the opposite side is sheltered by the earth and thick walls incorporate earth-packed tires and repurposed materials beneath the stucco finish. Inside, discover beautiful wood ceilings, tile floors, skylights with built-in blinds, architectural planters, 2 Kiva-style fireplaces, a Stow’s Duplex wood-burning stove, Family Room, Office/Den and spacious Kitchen with Sun Frost refrigerator and propane range. Solar with battery backup works alongside the Black Hills Energy grid, with a wind generator also present. Outside, enjoy a courtyard with pergola & Horno pizza/bread oven, 2-car garage/workshop, 2 chicken coops, 2 sheds and an underground cellar. The separate “Lavender Cottage” offers an additional 640 sq ft studio/retreat (included in total above grade sq ft) with exposed beams, skylights, propane heat, screened covered patio/sunroom and space for a future bath & mini kitchen—opening possibilities for guests, extended family or potential rental use, subject to applicable requirements. Private well & septic. Ownership includes a 1/44th interest in approximately 36-acre Rathke Park for additional recreation. This Byway of Colorado makes perfect location for commuting to Colorado Springs, Pueblo, or Canon City, in roughly 30 mins each way, while still enjoying peaceful country living. The private setting becomes even more magical after sunset with spectacular night skies and, at times, views of the Milky Way! La Milpa is not simply a home— it is an opportunity to experience a completely different way of living with the land.

107 Bowie Rd, Penrose

Courtesy of Home Town Real Estate Of Canon City .

1407 Top Notch Trl, Penrose
$485,000
3 Beds ⋅ 2 Baths ⋅ 3387400 MLS
This custom-built home offers a spacious, open floor plan with plenty of warmth and character throughout. Beautiful eucalyptus wood floors, solid six-panel doors, and cathedral ceilings give the main living areas an open and inviting feel. The large kitchen features rustic hickory cabinets, granite countertops, a pantry, and plenty of room to cook and gather. The primary suite includes a walk-in closet and a roomy bathroom with a walk-in shower. This all-electric home also has solar panels that help keep electric costs very low. Outside, you’ll find an oversized two-car garage, a large covered patio, a fenced backyard, RV parking, a greenhouse with a frost-free hydrant, and an additional storage building. There’s plenty of space here to enjoy the outdoors, take in the views, and settle into a home that has been thoughtfully built and cared for.

1407 Top Notch Trl, Penrose

Courtesy of Real Broker, LLC DBA Real . carla@cominghomerealtypros.com,719-792-1111

Bowie Road, Penrose
$68,000
5841091 MLS
40+ Acres of Privacy, Elbow Room & Natural Beauty! Discover the freedom of owning a substantial piece of land in a peaceful large-lot development just north of Penrose. This property offers the space and seclusion many buyers are looking for, with rolling hills and valleys, natural landscaping, and a seasonal stream creating a varied and scenic setting. There is plenty of room to explore, enjoy the outdoors, and create your own vision for a private rural retreat. The adjacent property has electric service installed, offering nearby utility infrastructure to consider when planning for the future. Conveniently located within reach of Penrose amenities, including a grocery market, elementary school, and fire department. Come experience the quiet, open feel and possibilities!

Bowie Road, Penrose

Courtesy of REMAX PROPERTIES . cheryl@cherylpixley.com,719-548-8600

1407 Top Notch Trl, Penrose
$485,000
3 Beds ⋅ 2 Baths ⋅ 9775802 MLS
This custom-built home offers a spacious, open floor plan with plenty of warmth and character throughout. Beautiful eucalyptus wood floors, solid six-panel doors, and cathedral ceilings give the main living areas an open and inviting feel. The large kitchen features rustic hickory cabinets, granite countertops, a pantry, and plenty of room to cook and gather. The primary suite includes a walk-in closet and a roomy bathroom with a walk-in shower. This all-electric home also has solar panels that help keep electric costs very low. Outside, you’ll find an oversized two-car garage, a large covered patio, a fenced backyard, RV parking, a greenhouse with a frost-free hydrant, and an additional storage building. There’s plenty of space here to enjoy the outdoors, take in the views, and settle into a home that has been thoughtfully built and cared for.

1407 Top Notch Trl, Penrose

Courtesy of Real Broker, LLC .

1284 Red Rock Cir, Penrose
$179,900
9614899 MLS
Beautiful 37-Acre Mountain Property with Breathtaking Valley & Sangre de Cristo Views! Discover the beauty and privacy of this exceptional 37-acre parcel, fenced on two sides and offering some of the most impressive mountain and valley views around. A gentle rise to the west naturally elevates the property, creating expansive views of the Sangre de Cristo Mountains and the entire valley below. Underground power is already available in the street, making this an ideal setting for your future mountain home, homestead, or peaceful getaway. Enjoy the outdoors right from your doorstep! The nearby state park area offers horseback riding and fishing, while Brush Hollow Reservoir is close by and Pueblo Reservoir is just down Highway 50 for boating, fishing, and more water recreation. The HOA helps maintain the roads and protects the character of the community, including restrictions that help preserve the peaceful mountain setting. County-maintained roads also help keep dust under control. Beautiful views, usable acreage, water, power nearby, recreation, and privacy—this is truly a special piece of Colorado. Come take a look, breathe in the mountain air, and imagine making this beautiful property your own!

1284 Red Rock Cir, Penrose

Courtesy of Properties of Colorado Real Estate Inc . 719-431-9164

1284 Red Rocks Cir, Penrose
$179,900
242263 MLS
Beautiful 37-Acre Mountain Property with Breathtaking Valley & Sangre de Cristo Views! Discover the beauty and privacy of this exceptional 37-acre parcel, fenced on two sides and offering some of the most impressive mountain and valley views around. A gentle rise to the west naturally elevates the property, creating expansive views of the Sangre de Cristo Mountains and the entire valley below. Underground power is already available in the street, making this an ideal setting for your future mountain home, homestead, or peaceful getaway. Enjoy the outdoors right from your doorstep! The nearby state park area offers horseback riding and fishing, while Brush Hollow Reservoir is close by and Pueblo Reservoir is just down Highway 50 for boating, fishing, and more water recreation. The HOA helps maintain the roads and protects the character of the community, including restrictions that help preserve the peaceful mountain setting. County-maintained roads also help keep dust under control. Beautiful views, usable acreage, water, power nearby, recreation, and privacy—this is truly a special piece of Colorado. Come take a look, breathe in the mountain air, and imagine making this beautiful property your own!

1284 Red Rocks Cir, Penrose

Courtesy of Properties Of Colorado CC .

507 Van Egmond Dr, Penrose
$850,000
5 Beds ⋅ 4 Baths ⋅ 2582852 MLS
Rancho Cielo-Where the Colorado Sky Meets the Soul of the Southwest - Some homes offer acreage - Others offer privacy. A select few become destinations in themselves. Beyond a striking Private Estate Gateway, a winding drive carries you through w/ more than 35 acres of Colorado's rugged high-desert landscape revealing a residence that feels as though it has always belonged to the land. Inspired by the enduring beauty of Pueblo Revival architecture, Rancho Cielo blends timeless Southwestern design with modern luxury, creating a retreat unlike anything else in Southern Colorado. From the moment you arrive, the pace of life changes. Morning sunlight stretches across distant mountain ranges. Afternoon thunderstorms dance across the plains. 4,184 square feet, this custom-designed residence offers five spacious bedrooms, four bathrooms, and an oversized three-car attached garage. Every detail reflects thoughtful craftsmanship, from the authentic adobe-inspired exterior & sculpted parapets to the warm knotty pine doors, handcrafted trim, rich architectural finishes that create an atmosphere of understated elegance. A chef-inspired kitchen, anchored by distinctive granite countertops. Renewal by Andersen windows frame Colorado's breathtaking scenery as though each were a living masterpiece. Every room captures panoramic mountain views, inviting natural light. The walk-out lower level offers exceptional flexibility, a wet bar, and private guest accommodations—perfect for multigenerational living, extended family visits. A rare privilege of owning 35.13 private acres, where breathtaking vistas become your daily backdrop, and where peace, privacy, and open skies define a way of life. This is more than an extraordinary home, where every sunrise promises possibility, and where every sunset reminds you why you chose Colorado. Welcome to Rancho Cielo—a timeless Colorado estate where the enduring spirit of the American Southwest meets uncompromising luxury.

507 Van Egmond Dr, Penrose

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

Penrose
$400,000
3792820 MLS
This PREMIUM 83.54-acre property BORDERING MILES of BLM land offers an extraordinary blend of rolling meadows, steep forested hillsides, dramatic red rock formations, and breathtaking elevated views of the valley below. Private and secluded, it feels like your own personal Garden of the Gods, with endless opportunities to explore and enjoy the surrounding public lands right from your boundary. With no covenants or restrictions, you can camp while planning your dream home or getaway retreat. The property's natural beauty, abundant wildlife, and exceptional solar potential make it a rare find, and with POWER NOW INSTALLED, convenience and off-grid possibilities come together in one remarkable offering.

Penrose

Courtesy of HomeSmart Preferred Realty . coloradoprop@gmail.com,719-276-4226

340 12th St, Penrose
$475,000
3 Beds ⋅ 2 Baths ⋅ 7862162 MLS
Experience the best of country living just minutes from town. Perfectly situated between Cañon 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 well equipped with a water-treatment system, ensuring a reliable potable water supply, and multiple hydrants are conveniently located throughout the acreage. 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 . gaylordsweethomes@gmail.com,719-429-1267

570 Valley Dr, Penrose
$850,000
4 Beds ⋅ 3 Baths ⋅ 6882613 MLS
Experience the best of country living in Penrose, where breathtaking mountain views & over 35 acres create an extraordinary place to call home. This custom ranch-style home offers 3,400 square feet, featuring 4 bedrooms, 3 bathrooms, and a thoughtfully designed floor plan ideal for everyday living, entertaining, or multigenerational households. The main living area showcases expansive windows that frame the surrounding landscape while filling the main living spaces and 2 bedrooms, 2 baths, and kitchen with custom hickory cabinets with tons of light. Enjoy the wood-burning stove on a cozy winter day. The finished walk-out basement expands the living space with 2 additional bedrooms and bath, a spacious family room, an exercise room/office flex space, and generous storage space. 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 with electricity and water, ample storage for toys and equipment AND an RV hookup just outside, while the detached three-car garage offers abundant room for vehicles, equipment, hobbies, or a workshop. This immaculately maintained property features new windows, new front trex deck, 2026 furnace, 2021 AC, and recent exterior paint. Multiple gardening spaces add to the country charm and independence. 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, Pueblo and Colorado Springs, this property offers the perfect balance of seclusion and convenience. Whether you're searching for a horse property, hobby ranch, or simply a private retreat this home delivers it all!

570 Valley Dr, Penrose

Courtesy of Realty One Group Apex . thecoloradopropertypros@gmail.com

County Road 132, Penrose
$179,900
8723266 MLS
KETTLE CANYON – New 36+ Acre Development!! Be among the first to claim your piece of this stunning new rural development featuring only five 36- 40-acre parcels and one exclusive 80-acre parcel. Lot 2 offers direct access from County Road 132 and includes power already on the property. Enjoy breathtaking panoramic views of the majestic 14,000-foot Sangre de Cristo Mountains and surrounding tree-covered peaks in one of Colorado’s most scenic valleys. The land features gently rolling grasslands dotted with a few trees, BORDERING BLM — ideal for livestock, horses, camping, or building your dream retreat. Set up camp in the heart of your acreage and experience unmatched solitude, fresh mountain air, and wide-open skies. With no covenants and no HOA, you’ll enjoy true freedom, privacy, and peace in this remarkable setting. Newly recorded survey plat map is in the photos.

County Road 132, Penrose

Courtesy of HomeSmart Preferred Realty . coloradoprop@gmail.com,719-276-4226

68948 Us Highway 50, Penrose
$1,299,000
4 Beds ⋅ 3 Baths ⋅ 6980667 MLS
A once-in-a-lifetime opportunity to own a true piece of the American dream! This beautiful custom home is nestled on over 63 acres and offers privacy, space, and breathtaking 360° mountain views. A charming bell calls everyone together to gather and enjoy the beauty of Colorado. The main residence features a private primary suite secluded from the other bedrooms, plus a private den with slate floors, fireplace, and separate garage entrance. The heart of the home is a cook’s kitchen with commercial refrigerator/freezer, mahogany cabinets, pass-through, and galvanized steel flooring. A family-size dining room and main living room open to a composite deck, creating an ideal space for entertaining. A private loft getaway provides children with their own special retreat. Downstairs offers a family room with wood-burning stove, second bedroom with attached ¾ bath, two additional bedrooms, another bath, and abundant storage throughout. Passive solar adds to the home's thoughtful design. Step outside to enjoy stunning mountain views from the deck or patio, stroll the acreage, or gather around the fire pit for an unforgettable evening. A separate Casita features its own kitchen, living room, and bedroom—perfect for guests, a college student, or rental income. Dreaming of a private gym? A dedicated building is ready for your fitness space and includes a mini-split for heating and cooling. History enthusiasts will love the original Trapper Cabin brought to the property from South Park, offering a charming private retreat. The property also includes a graveled RV parking area, grazing land, round pen, and small-animal building secured by a 6-foot chain-link fence. Come live your Colorado dream—where majestic views, clean mountain air, privacy, and endless possibilities await. This is more than a home. It is a place to breathe deeply, slow down, gather with the people you love, and experience the freedom of wide-open Colorado living. Come live your dream and enjoy life!

68948 Us Highway 50, Penrose

Courtesy of Keller Williams Clients Choice Realty . 719-660-6071

470 Bowie Rd, Penrose
$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 Rd, Penrose

Courtesy of Century 21 Community First . erick@firstcolorado.com,614-440-9031

880 Marilyn Dr, Penrose
$320,000
6798446 MLS
Prime Commercial Property with Exceptional Visibility Location is everything! This outstanding commercial property is strategically positioned along Highway 115, offering unparalleled visibility with lighted signage. This well-maintained commercial property offers an ideal location with high visibility and accessibility. Inside, you`ll find a fully equipped kitchen area featuring a three-compartment sink, a dedicated hand-wash sink, a refrigerator, and durable tile flooring—perfect for food prep or catering needs. The building includes a spacious bathroom/lobby area, three versatile rooms that can be used as offices or storage, and a flexible multipurpose space to suit a variety of business types. Additional amenities include a washer/dryer hookup, vinyl windows throughout for natural light, and central air conditioning for year-round comfort. With multiple points of entry—including a back door, side entrance, and sliding glass doors—this property offers convenience and flow. Outside, enjoy ample parking, a storage shed, and generous land space ideal for hosting outdoor events, activities, or future expansions. This property is move-in ready and adaptable to your unique business needs. A rare opportunity in a great location!

880 Marilyn Dr, Penrose

Courtesy of Berkshire Hathaway HomeServices Synergy Realty Group . Charles@Synergycolo.com,719-418-5001

116 Top Notch Trl, Penrose
$535,000
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 Trl, Penrose

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

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