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

18530 Hwy 115, Penrose
$1,095,000
3 Beds ⋅ 3 Baths ⋅ 9660678 MLS
A truly one of kind property, that is in a class of its own. Custom sprawling rancher with over 2,200 sq. ft. with 3 bedrooms and 3 bathrooms. Here is where the uniqueness begins... Home is situated on 10 acres with 10 shares of Beaver Park Ditch Stock, beautiful landscaping, and a large producing hay field. Purchase includes adjoining 10 acre parcel, and comes with 5 shares of Beaver Park Ditch Stock, as well as a water tap. That's not all! The 10 acre parcel across the street, is also included in the purchase, and comes with 5 more shares of Beaver Park Ditch Stock. So altogether, that is 3 parcels, 30 acres, and 20 shares of irrigation. You will not find better or more manicured producing hay fields around! The property gives pride in ownership and entirely new meaning. Inside you are sure to admire the character and personal touches in every room! Storage inside and out will not be an issue. Outside offers an attached 2 car garage, a single detached garage, an oversized carport, and an additional building perfect for storing equipment, a workshop, or anything that would best suit your needs! The iron gated entry gives you an extra sense of privacy and security. Come take a look at this rare find that offers unapparelled hay fields, stunning views, and an overall appreciation for the amount of care and hard work that has been into this property.

1115 M St, Penrose
$990,000
5 Beds ⋅ 3 Baths ⋅ 3550439 MLS
Welcome home to this magnificent horse property situated on 10 acres with irrigation. This spacious 5 bedroom 3 bath home has many upgrades throughout. Five piece bath off the primary suite with copper tub, double sinks, walk in closet and seperate water closet. Kitchen features two islands with leathered granite countertops. Two spare bedrooms separated by a bathroom. In the walkout basement you are greeted by a large living room with gas fireplace and bar area perfect for entertaining. Two bedrooms one with large walk in closet separated by a bathroom. There is also a large storage room. Solar on the roof of the barn to cut the utility bills down. Beautiful landscaping in the front and backyard with tremendous views off the back porch. 40'x60' horse barn with 5 stalls and pipe runs off each stall. A 12x12 insulated tack room, hay storage and a wash area. Covered area off the back of the barn offers extra storage. Large pipe round pen and 150'x275' pipe roping arena and return alley with three cattle pens each with their own shelter. Automatic waters with electricity in all pens. RV plug for trailers or guests with plenty of parking for all the toys. The hayfield/pasture is approximately 5.5 acres and irrigated with 5 shares of Beaver Park water. You can turn the animals out of cut and bale the hay. There is also a separate pasture about 3/4 of an acre for turnout. This property is a must see for anyone with animals and wanting some elbow room.

1675 M St, Penrose
$900,000
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
$850,000
4 Beds ⋅ 3 Baths ⋅ 1197684 MLS
Experience the best of country living in Penrose, where breathtaking mountain views, exceptional amenities, & over 35 acres create an extraordinary place to call home. Nestled in the Beaver Creek area, this custom ranch-style home offers 3,400 square feet, featuring 4 bedrooms, 3 bathrooms, & a thoughtfully designed floor plan ideal for everyday living, entertaining, or multigenerational households. The light-filled main level showcases expansive windows that frame the surrounding landscape and a warm, inviting living area centered around a cozy wood-burning stove. The finished walk-out basement expands the living space with additional bedrooms, a spacious family room, guest accommodations, and generous storage. Designed for comfortable country living, the property features a high-producing 25+ GPM well, a reverse osmosis drinking water system, and whole-house water treatment equipment, providing exceptional water quality & peace of mind. Horse and animal lovers will appreciate the 3-stall barn, while the detached three-car garage offers abundant room for equipment, hobbies, or a workshop. The gently rolling acreage provides ample space for horses, livestock, gardening, or simply enjoying the privacy and beauty of rural Colorado. A seasonal creek winds through the property, attracting wildlife and enhancing the peaceful setting. Spend evenings watching spectacular sunsets, deer, & wild turkeys while enjoying the serenity of Colorado's wide-open skies. Located just minutes from Penrose & within easy reach of Cañon City, Florence, and Colorado Springs, this property offers the perfect balance of seclusion and convenience. Whether you're searching for a horse property, hobby ranch, private retreat, or forever home, this home delivers an exceptional combination of acreage, quality, & lifestyle. With panoramic mountain views, premium water resources, outstanding outbuildings, & endless possibilities, this remarkable Colorado property is ready to welcome its next owners.

570 Valley Dr, Penrose
$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
$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
$695,000
4 Beds ⋅ 4 Baths ⋅ 1132033 MLS
Located in prestigious Apple Valley Estates, the top subdivision in Penrose, this beautiful custom home is one of a kind. The property sits on a meticulously manicured, rectangular corner lot measuring 2.26 acres, featuring a productive apple orchard and irrigated grass hay fields, perfect for the hobby farmer. The grounds showcase mature fruit trees, tall pines, and beautifully established landscaping. A stucco wall fence borders the west side, while cross-fencing in the hay field makes it easy to graze animals. Two flagpoles stand in the xeroscaped front yard, ready for your choice of flags. Key features include an approximately 1,000-sq.-ft. ADU with a kitchenette, restroom, and dry sauna. There is a three-car garage with a rear tool area and an adjacent carport for equipment and toys. The main floor offers a spacious master bedroom (18 × 23 feet) with an attached 5-piece bath, a walk-in closet, and a huge patio. The main floor also has a guest bath, utility room, and covered entry porches on both the front and rear, with access from the west, south, and east. The rear porch doubles as a bright sunroom and features all-new double windows and a dramatic floor-to-ceiling bay window that floods the space with natural light. Upstairs you’ll find three additional bedrooms served by two baths (one full and one ¾). Flexible dining options include formal areas, or you can continue using the owners’ eat-in kitchen with quartz countertops. Downstairs, approximately 1,000 sq. ft. of unfinished basement space currently serves as 2 workshop rooms, complete with a large brick hearth and fireplace in a family-room-type setting. Additional conveniences include a puppy-fenced backyard off the back doors. The home is heated by natural-gas hot water with a newer boiler, and wood is already on hand for the master retreat and basement stove. All buildings, the home, and the stucco wall fence were freshly painted just two years ago. This is Apple Valley exactly as you dreamed it.

310 L St, Penrose
$650,000
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
$645,000
4 Beds ⋅ 4 Baths ⋅ 9403060 MLS
Set on 9 acres in Penrose, this spacious 2-story home offers a rare blend of square footage, usable land, and flexibility for a variety of lifestyles. Featuring 4 bedrooms and 4 bathrooms across 3,455 finished square feet, the layout provides separation and functionality with multiple living spaces. The upper-level primary suite is generously sized and includes an adjoining bath, walk-in closet, expansive views and a fireplace—an uncommon and inviting feature. The kitchen is upgraded with solid surface countertops, new appliances and provides ample storage throughout. The fully finished basement expands the living options with a spacious living room, an additional bedroom, bathroom, wet bar or kitchenette, and storage space—well-suited for guests, extended living, or entertaining. Outside, this operational ranch is zoned to allow horses and other animals, mature trees, fruit trees, fencing, large Port-A-Stall barn, loafing shed, 2 chicken coops with separate runs, green house, potting shed, fenced in garden, tool shed and 2 additional storage sheds. Along with ample parking for RV, boat or other outdoor toys and a 2-car attached garage, this property is a dream come true. In addition the sunrises and sunsets are absolutely breathtaking! The acreage provides room to spread out while still maintaining accessibility to Canon City, Florence, Pueblo and Colorado Springs. With a beautiful home, generous square footage, and acreage in a rural setting, this property presents an opportunity for buyers seeking space, flexibility, and long-term potential.

1000 S St, Penrose
$635,000
3 Beds ⋅ 2 Baths ⋅ 4720347 MLS
Updated Brick Ranch on 4.7 Irrigated Acres with Horse Barn with adjacent 4.7 acre irrigated parcel for sale separately for $125,000, creating a rare opportunity to own a total of 9.4 irrigated acres in Fremont County. This well-maintained brick ranch in Penrose, Colorado, offers move-in-ready comfort on 9.4 irrigated acres, fenced, and cross-fenced acres, complete with a 30x30 horse barn, small corral, and shade trees. Inside, you’ll find 2950 sq ft with 1798 sf on the main level with real hardwood floors and a desirable split-bedroom layout plus a beautifully finished lower level rec room. The open-concept design flows from the living room to the dining area and fully remodeled kitchen featuring AristoKraft cabinets, granite counters, stainless steel appliances, and a glass cooktop. The spacious primary suite offers two walk-in closets and a beautifully updated ensuite bath. Two additional bedrooms and a second full bath are located on the opposite side of the home for privacy and flexibility. A finished basement provides a large rec room ideal for hobbies, a home theater, or extra living space. Comfort is ensured year-round with baseboard heat from a high-efficiency boiler and a roof-mounted evaporative cooler. A new roof was installed in 2021 as part of a full remodel. Solar array was installed in 2023. With a wood stove, a new on-demand hot water system, and updated boiler system ensure that your energy bills will be as low as can be. The acreage is ideal for livestock, gardening, or simply enjoying wide-open space. With its solid construction, thoughtful upgrades, and room to grow, this property offers the best of Colorado living; peaceful, spacious, and practical. Located just minutes from Florence, Canon City, and Pueblo, with Colorado Springs an easy drive away.

1400 K St, Penrose
$554,900
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
$535,000
4 Beds ⋅ 3 Baths ⋅ 9249842 MLS
If you’re searching for horse property in Penrose, Colorado with acreage, barn, and usable land, this property at 855 Marilyn Drive checks all the boxes. Situated on 3 acres of fully usable land, this Colorado horse property is already set up for animals with fenced pasture, a barn, horse sheds, and room for additional corrals or riding areas. The home offers 2,952 total finished square feet, including 1,476 square feet on the main level and a fully finished 1,476 square foot basement, providing plenty of flexible space for living, entertaining, hobbies, or guests. The main level features attractive wood-look tile flooring, giving the warmth and appearance of hardwood with the durability and easy maintenance that works perfectly for country living. A major advantage of this acreage property in Fremont County is the excellent water setup. The home is connected to municipal water for household use, while the property also includes two wells, including a dedicated livestock well, making it ideal for horses, livestock, or small agricultural use. Additional improvements include a detached garage for vehicles, equipment, or workshop space, along with established horse facilities that make this a true turnkey horse property. Located in the desirable Penrose, Colorado rural community, this property offers the peaceful lifestyle buyers look for when searching for horse property near Cañon City, Florence, and Colorado Springs. You’ll enjoy wide-open space, room for animals, and the flexibility that comes with owning Colorado acreage with horse facilities and multiple water sources. Horse properties with usable acreage, barns, wells, and a finished home are becoming harder to find in the Penrose and Fremont County area. If you’ve been looking for a move-in ready Colorado horse property, this one deserves a closer look.

855 Marilyn Dr, Penrose
$495,000
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
$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
$435,000
3 Beds ⋅ 2 Baths ⋅ 6988722 MLS
This charming three-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
$415,000
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
$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
$399,999
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
$399,500
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
$389,000
3 Beds ⋅ 2 Baths ⋅ 6809589 MLS
Welcome to your new horse property with room for many animals! This well-maintained 3-bedroom, 2-bath manufactured home sits on 5 acres with 5 shares of Beaver Creek flood irrigation water, offering both functionality and stunning views. The home was remodeled in 2015 and features newer cabinets, granite countertops, and a durable metal roof. Energy efficiency is a major bonus with fully paid-off solar and a $10,000 backup battery system, keeping electric bills incredibly low—typically just $10–$20 per month. An electric gate welcomes you onto the property, leading to a carport, detached garage, and RV parking with electricity. Relax and take in the views from the expansive 60' x 12' covered porch. The property is well-equipped for animals with two barns—the main barn offers four interior stalls, one exterior stall, a tack room, and wash area, while the second barn includes three stalls with both electricity and water. Additional improvements include a new round pen for horses, chicken coop, and extensive fencing and cross-fencing with multiple gates to easily manage livestock. Irrigation pipe will stay with the property, and you'll also enjoy 10+ fruit trees adding beauty and productivity to the land. Conveniently located with easy access to Canon City, Pueblo, and Colorado Springs, this property offers the ideal combination of rural lifestyle, equestrian amenities, and modern efficiency.

1144 4th St, Penrose
$384,000
3 Beds ⋅ 2 Baths ⋅ 6732566 MLS
Discover your slice of paradise in this beautifully maintained 3 Bedroom, 2 Bath, move in ready manufactured home with over 2300 square feet of living space. Perfectly positioned on a serene mesa with 10 Acres of breathtaking landscapes, this property also includes an oversized detached three-car garage with an RV-sized bay and additional workspace providing ample room for vehicles and hobbies. The spacious floor plan features an open kitchen with a large island and tons of counter space that flows seamlessly into two generously sized living areas, one equipped with a cozy wood-burning stove, creating an inviting atmosphere for relaxation and entertainment. The luxurious master suite is one of a kind, complete with a huge master bath featuring a freestanding tub and dual sinks, perfect for unwinding after a long day. Enjoy magnificent mountain vistas and unforgettable sunsets from your patio, offering daily doses of natural beauty from every angle. Modern amenities include a new septic system, a new water purification system and a tankless hot water heater ensuring peace of mind along with a new hot tub for the next lucky owner. Located in a peaceful rural setting on a quiet dirt road, this property provides the perfect blend of privacy and quick accessibility to major highways heading to Colorado Springs, Pueblo, Canon City and Florence. This home is truly a gem—don't miss your chance to make it yours!

1376 B St, Penrose
$375,000
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
$357,000
3 Beds ⋅ 2 Baths ⋅ 9428711 MLS
Welcome to this custom ranch style home on a large corner lot. The covered front deck, with Trex deck, is the focal point of the curb appeal. As you enter the home you are greeted by the Brazilian hardwood floors in the living room and front bedroom. The bay window allows for natural light. The kitchen has Birch cabinets and a nice sized pantry with the dining room attached looking out on the back yard. The primary bedroom has a walk-in closet and an en-suite with a jetted tub and separate shower. A bonus room, situated between the dining room and garage has stamped concrete floors, let your imagination run wild on all the different ways you could utilize this space, craft, home school, or play room. The back yard is exerscaped for easy maintenance. Plenty of room for a garden shed. There is an attached oversized 2 car garage. Fresh paint throughout the inside. Metal roof and vinyl siding, radiant baseboard heat, natural gas, sewer connection (no septic), swamp cooler to keep you cool and a solar system that is owned. Conveniently located close to the elementary school and grocery store. Easy commute to Colorado Springs, Pueblo, and Canon City.

117 Hawkins St, Penrose
$325,000
3 Beds ⋅ 2 Baths ⋅ 8043041 MLS
Charming home in Penrose situated on a spacious 0.68-acre lot, offering privacy and room to enjoy the outdoors! There are 3 bedrooms, 2 bathrooms and and office. The kitchen features ample cabinetry with crown molding, tiled backsplash, and stainless-steel appliances. The dining room includes a built-in bar and additional cabinets. Beautiful plank tile throughout. Large living room with a slider to the backyard and another walkout from the office to the fenced courtyard with low-maintenance turf and a nice apricot tree—the perfect area for relaxing or entertaining. This property features a 1-car garage with a steel roof and a bonus 20-foot Conex box.

373 G St, Penrose
$290,000
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
$285,000
2 Beds ⋅ 2 Baths ⋅ 8154397 MLS
Charming and well-maintained 2-bedroom, 2-bath manufactured home in Penrose, CO. This inviting home features rustic wood beams, warm wood paneling, and a cozy covered front porch perfect for relaxing. The property includes a detached 2-car garage and a storage shed, offering plenty of space for parking, hobbies, and storage. Enjoy the comfort, character, and peaceful Colorado lifestyle this property has to offer.

73 8th Ave, Penrose
$275,000
3 Beds ⋅ 2 Baths ⋅ 6245939 MLS
Set on 5 open acres in Penrose, this 3-bedroom, 2-bathroom manufactured home offers a solid foundation for buyers ready to put in some work and make it their own. At 1,280 square feet, the 2002-built home gives you the bones and the breathing room — the rest is yours to shape. This is a one-level, split bedroom design with a large master bath with a soaking tub, stand-alone shower, dual vanity and walk-in closet. The kitchen is fully equipped with all appliances including the microwave. An extra refrigerator/freezer sits on the back enclosed porch and the washer & dryer come with. Step outside and take in the Colorado mountain views -- the scenery that reminds you why people plant roots out here. The pergola just beyond the front door offers a shaded spot for morning coffee or afternoon picnics. The partially fenced acreage is ready for animals, a garden, or whatever vision you bring, and a dedicated RV pad with hookup means your rig has a home too. Commuters will appreciate the location putting Cañon City, Pueblo, and Colorado Springs all within easy reach, so you get the wide-open setting without giving up access to jobs, shopping, or services. If you're looking for affordable acreage in Southern Colorado with room to grow and a project worth the investment, this property is worth a look.

561 County Road 132, Penrose
$275,000
3 Beds ⋅ 2 Baths ⋅ 6347692 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
$269,900
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