Refine Search
Map
Sort by
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
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
570 Valley Dr, Penrose
$850,000
4 Beds ⋅ 3 Baths ⋅ 1197684 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
507 Van Egmond Dr, Penrose
$850,000
5 Beds ⋅ 4 Baths ⋅ 4259090 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
86 K St, Penrose
$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
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
Tbd Highway 115, Penrose
$799,000
1248538 MLS
This is a once-in-a-lifetime opportunity to own 160 acres of PRIVATE paradise. Year round water full of trout and bordered by pubic lands including Beaver Creek Wilderness area, State of Colorado and BLM land. Several building sites for "off-the-grid" living. Convenient location for Colorado Springs, Pueblo, or Canon City commuting. The property has historical significance and an important story from over a hundred years ago. Agricultural zoned with affordable property taxes. Wild Wonderful, and ne-of-a-kind!

Tbd Highway 115, Penrose
8200 County Road 132, Penrose
$775,000
2 Beds ⋅ 2 Baths ⋅ 6735100 MLS
Situated on over 73 acres across two parcels, this exceptional Colorado ranch property offers a rare combination of privacy, recreation, and future development potential. The cozy 2-bedroom, 2-bath ranch home features a covered front deck with stunning views of Table Mountain and the Beaver Creek Wilderness Area, a grid-tied solar system for low utility costs, and a newer pellet stove for year-round comfort.New windows and Luxury Vinyl Plank in the bedrooms. A 10gpm well with a cistern and commercial reverse osmosis system insures pure clean water. The property is fully equipped for ranching or hobby farming with a 30x40 insulated garage/shop, a 30x46 insulated barn, livestock facilities, multiple storage sheds, partial fencing, and an electronic security gate. The second parcel has been thoughtfully prepared as a future dream-home site with underground power, completed septic perk testing. With breathtaking views of dramatic red rock formations and the snow-capped Sangre de Cristo Mountains, plus easy access to fishing, horseback riding, hiking, and trout-filled Beaver Creek, this is a truly unique opportunity to own a well-improved mountain ranch retreat.

8200 County Road 132, Penrose
470 Bowie Rd, Penrose
$650,000
2 Beds ⋅ 3 Baths ⋅ 5142744 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
116 Top Notch Trl, Penrose
$535,000
3 Beds ⋅ 2 Baths ⋅ 6303050 MLS
Surrounded by mountain views and open skies, this well-maintained ranch-style home offers the convenience of true main-level living on a level, usable property designed for both comfort and flexibility. Daily living is effortless with the primary living areas, laundry, and mechanical systems all located on the main floor. The spacious living room features vaulted ceilings, a gas fireplace, and transom windows that fill the home with natural light. Just beyond, the bright dining area creates a welcoming space for everyday meals and larger gatherings. The kitchen offers extensive custom wood cabinetry, generous counter space, stainless steel appliances, and a highly functional layout with abundant storage. The primary suite enjoys direct access to the backyard patio through a newer Andersen sliding door, while an additional slider off the dining area creates a seamless connection between indoor and outdoor living spaces. Outside, the property's level acreage offers exceptional versatility. The large circular driveway provides convenient access and ample room for guests, RVs, trailers, campers, and equipment. Mountain views can be enjoyed from both the front and rear of the property, while the backyard patio creates an inviting space for relaxing, entertaining. The oversized garage is a standout feature, complete with custom-built workbenches, extensive storage, bright lighting, and durable flooring—ideal for hobbies, projects, or organization. Solar panels help improve energy efficiency and contribute to long-term utility savings. The unfinished basement provides significant storage and future expansion opportunities, featuring a roughed-in bathroom and partitioned areas that could accommodate additional bedrooms, office space, a recreation room, or expanded living quarters. Located in an area known for larger parcels and rural character, the property offers the flexibility many buyers are seeking, including space for horses and animals.

116 Top Notch Trl, Penrose
855 Marilyn Dr, Penrose
$530,000
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
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
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
575 11th St, Penrose
$490,000
3 Beds ⋅ 2 Baths ⋅ 3075218 MLS
Horse property with nearly four acres, mountain views, and room for RVs, animals, and hobbies—this Penrose property offers the space and freedom many buyers are searching for. Located just 35 minutes from Colorado Springs and about 25 minutes to Pueblo or Cañon City, you can enjoy peaceful rural living while staying close to city conveniences. The attractive stucco home welcomes you with a courtyard-style entry and an open main-level living layout featuring vaulted ceilings, abundant natural light, and spacious living and dining areas that make the home feel larger than its footprint. The kitchen has been updated with generous cabinet and counter space, creating a functional and inviting space for daily living and entertaining. The bathrooms have also been tastefully updated, giving the home a refreshed and comfortable feel. Recent improvements provide added efficiency and peace of mind, including a brand new evaporative cooler, new insulation, an updated 100-amp electrical panel, and a radon mitigation system. Solar panels have been installed and will be fully paid off at closing, offering energy savings for the next owner. Outside, the property is set up for a variety of rural lifestyles. The nearly four-acre parcel includes a four-stall barn, detached workshop, and large garage with plenty of room for tools, equipment, and recreational vehicles. RV parking with hookups make it easy to host guests or store your rig. For hobbyists or those needing additional power, 220V service is available in both the sunroom and the detached garage. A hot tub hookup is also ready for relaxing evenings under Colorado’s wide-open skies. Additional highlights include an owned propane tank that will transfer with the property, expansive neighboring parcels that enhance the sense of privacy, and plenty of space for horses, animals, and outdoor living. Enjoy the quiet beauty of country living while remaining within easy reach of nearby cities, amenities, and Fort Carson.

575 11th St, Penrose
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
340 12th St, Penrose
$475,000
3 Beds ⋅ 2 Baths ⋅ 6953232 MLS
Experience the best of country living just minutes from town. Perfectly situated between Canon City and Pueblo near Penrose, this private 10-acre retreat offers versatility, wide-open space, and beautiful mountain views. The fully fenced acreage is ideal for horses or livestock and includes a loafing shed/barn for shelter. A seasonal stream with a natural pool meanders through one corner of the property, adding charm, tranquility, and a rare natural feature. The freshly painted 2-bedroom, 2-bath home (with a non-conforming third bedroom) is designed for efficiency, boasting exceptionally low utility costs. The property is serviced by a new water heater, well with a new well pump, equipped with a new water-treatment system, ensuring a reliable potable water supply, and multiple hydrants are conveniently located throughout the acreage. House also has a new ac/furnace system. Take in the sweeping vistas from the expansive 10' x 28' covered porch, or make use of the large concrete pad—ideal for gatherings, recreation, or future expansion. A long private driveway leads to a spacious 32' x 34' detached 2-car garage, perfect for vehicles, equipment, and storage. The well pump and water-treatment system are thoughtfully housed inside for added protection. Livestock enthusiasts will appreciate the 24' x 40' animal shelter with an attached 16' x 40' leanto, complete with corrals and extra fence panels. Also, an additional 24' x 40' insulated shop with a concrete floor provides excellent space for tools, projects, or hobbies, while its attached leanto offers additional covered parking or equipment storage. For outdoor recreation, the property includes a substantial berm ideal for target practice. With its blend of privacy, functionality, and natural beauty, this property is brimming with potential and ready to welcome your vision of country living.

340 12th St, Penrose
2050 15th St, Penrose
$470,000
3 Beds ⋅ 2 Baths ⋅ 10065393 MLS
Welcome to spacious Colorado living in desirable Top Rail Ranch Estates in the town of Penrose! Situated on 2.79 acres, this well-appointed ranch-style home offers comfortable one-level living with 3 bedrooms, 2 bathrooms, an attached 2-car garage, and plenty of room to enjoy the outdoors. Built in 2007, the home features a thoughtfully designed split-bedroom floor plan, with the private primary suite separated from the additional bedrooms. The spacious primary bedroom includes a walk-in closet and five-piece bath, creating a comfortable retreat at the end of the day. At the heart of the home, the kitchen features beautiful granite countertops, stainless steel appliances, and a convenient breakfast bar with plenty of space for gathering and everyday living. Comfort is covered year-round with radiant in-floor heat, central air conditioning, a wood-burning stove, and a tankless water heater. Outside, the 2.79-acre property offers an RV hookup, garden shed, Connex metal storage container, and the space and versatility that make Colorado country living so appealing. Enjoy the privacy and breathing room of acreage living while still being conveniently located in Penrose. This Top Rail Ranch Estates property offers a wonderful combination of space, comfort, storage, and single-level living.

2050 15th St, Penrose
Lots 6.7 Lots 6.7 Iron Handle Road, Penrose
$400,000
2525451 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.

Lots 6.7 Lots 6.7 Iron Handle Road, Penrose
776 S Broadway Na, Penrose
$389,900
3 Beds ⋅ 2 Baths ⋅ 1662143 MLS
Brand new construction on 4.94 acres in Penrose. This beautifully designed 3-bedroom, 2-bath home features a desirable split-bedroom floor plan that offers privacy and comfort. The spacious primary suite includes an adjoining bathroom with dual vanities, and an expansive tiled shower. The kitchen is equipped with granite countertops, an island with breakfast bar, and plenty of cabinet space, making it ideal for both everyday living and entertaining. The new stainless steel kitchen appliances will be included. The dining area provides a slider to the rear concrete patio, perfect for enjoying the peaceful surroundings and expansive acreage. The primary bedroom and living room have convenient plug ins for TVs. Additional features include a 2-car attached finished garage, no maintenance exterior with stucco, metal soffits and stone accents, cultured marble window seals, granite counters in the bathrooms and central air conditioning. Enjoy the benefits of country living while remaining close to amenities, school and park in the heart of Penrose!

776 S Broadway Na, Penrose
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
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
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
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
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
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
1390 K St, Penrose
$199,000
1450117 MLS
The property at 1390 K Street in Penrose, Colorado, offers 2.72 acres of picturesque land. This expansive lot provides ample space for various outdoor activities and potential development. The property includes a substantial shop, ideal for storage, hobbies, or business operations. Located on the corner of highway 50 and 1 mile from from Highway 115, it offers convenient access to Colorado Springs, Pueblo, and Cañon City. This property has electric paid water tap and and perk test, enhancing the property’s appeal for residential or commercial use.

1390 K St, Penrose
1284 Red Rock Cir, Penrose
$179,900
7003117 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
Tbd County Road 132, Penrose
$179,900
2943107 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 1 offers direct access from County Road 132 and includes power already on the property and access to BLM. 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 — 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. New recorded survey plat map is in the photos.

Tbd County Road 132, Penrose
Tbd Iron Handle, Penrose
$179,900
3186142 MLS
-Kettle Canyon – New 36-40+ Acre Development Be among the first to claim your piece of this stunning new rural development featuring only five 36+acre parcels and one exclusive 80-acre parcel, all with BLM access. Lot 3 offers direct access from County Road 132 or Iron Handle Road 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 — 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. New recorded survey plat map is in the photos.

Tbd Iron Handle, Penrose
Tbd County Road 132, Penrose
$179,900
3080727 MLS
Public Remarks: 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.

Tbd County Road 132, Penrose

How much is your home worth?

Get instant property value now!