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$1,250,000
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
$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
$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
$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
$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
$600,000
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
$550,000
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
$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
$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
$485,000
3 Beds ⋅ 2 Baths ⋅ 2280262 MLS
What a great custom built home! Nice open floor plan with beautiful Eucalyptus wood floors, solid 6-panel doors throughout, and cathedral ceilings for that big feeling. Large living room with planter ledges opening up into the separate dining room. Really big kitchen with lots of rustic hickory cabinets, a pantry and granite counter tops. Spacious master suite with walk-in closet and large bathroom including a walk-in shower. This is an all electric home with solar panels that make for an almost non-existent electric bill! 28 x 24 oversized 2-car garage so your big SUV or truck will fit nicely. Lots of shelving, and a 56 x 12 covered patio. Fenced back yard and fully fenced on 3 sides. A nice separate greenhouse with a frost-free hydrant and additional storage building and RV parking. Great views all around!

1407 Top Notch Trl, Penrose
$477,000
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
$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
$419,999
3 Beds ⋅ 2 Baths ⋅ 6988722 MLS
This charming three-bedroom (with optional non-conforming 4th bedroom), two-bath home, sits proudly on 1.15 sprawling acres and retains its authentic character with original features like wood banisters, vintage wall tiles, and classic brick fire place that evoke a warm, nostalgic feel. Inside, the tri-level floor plan offers comfortable living spaces bathed in natural light, while outside, the expansive grounds provide ample room for gardening enthusiasts, complete with established raised flower and herb beds, vegetable plots, fruiting strawberry patch and plum and crab apple trees in the front of the house. The back yard is equipped with a well-appointed greenhouse perfect for year-round cultivation of plants, herbs, and seedlings and multiple raised garden beds. The kitchen has been outfitted with brand new appliances and you will be the first to use! The spacious home provides 3 large bedrooms with an additional space in the basement that could be another large bedroom, game room, or theater space, or make it your own. Enjoy your morning coffee with all your plants in the heated sun room, make your own in-home office, or meditation room. The fully fenced back yard is ready for your large family/friend gatherings with a stone patio, mature shade trees and grass for games. The back portion of the property is ready for your horses, goats, or other farm animals, with two loafing sheds and fencing. Whether you're seeking a peaceful retreat or a hobbyist's paradise, this property blends retro charm with the freedom of country living.

835 3rd St, Penrose
$400,000
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
$399,500
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
$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
$295,500
3 Beds ⋅ 2 Baths ⋅ 7897799 MLS
Look past the surface! There is more than meets the eye with this one! Two water taps, two septic tanks, two power poles! This property is fully primed for building right away. Unlock the ultimate Colorado potential with this nearly 5-acre Penrose property, beautifully framed by breathtaking, unobstructed mountain views. While the existing 3-bedroom, 1.75-bathroom home is ready for a fresh vision or your own personal updates, the true value here lies in the rare, premium infrastructure already established and fully paid for! You get a tremendous head start with these utilities in place. This is an exceptional, turnkey foundation for your plans, offering the flexibility to live in the current space while you build a custom dream home, add a second dwelling, or set up a multi-home property. Whether you choose to build from the ground up, bring in a modular design, or create a unique setup with a tiny home alongside the current structure, the heavy lifting of utility setup is completely done. Skip the costly, time-consuming utility delays and embrace a rare opportunity to bring your vision to life on your own land. Call now!

828 3rd St, Penrose
$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
$275,000
3 Beds ⋅ 2 Baths ⋅ 6245939 MLS
Some people want a yard. Others want land. If you're in the second group, 561 CR 132 in Penrose is worth your time. Five acres of Southern Colorado ground gives you the kind of space where you can actually spread out — park the RV on the dedicated pad with hookup, let the animals roam the partially fenced acreage, plant something, build something, or simply enjoy having room between you and the rest of the world. Colorado mountain views come with the territory. The home itself is a 3-bedroom, 2-bathroom manufactured home at 1,280 square feet — built in 2002, move-in ready, and waiting on someone to put their mark on it. Nothing flashy, but a solid place to land while you settle into the land around it. Location works in your favor too. Penrose sits within an easy drive of Cañon City, Pueblo, and Colorado Springs — close enough to everything you need, far enough to feel like you've actually left it behind. If putting down roots on real ground in Southern Colorado is what you've been after, this is a straightforward opportunity to do exactly that.

561 County Road 132, Penrose
$269,900
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
$259,900
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
$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
$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
$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
$180,000
4 Beds ⋅ 2 Baths ⋅ 1281696 MLS
Enjoy 4.28 acres of usable land in a convenient Penrose location! Large, mature trees are spread throughout the property, providing plenty of shade, privacy, and an established country setting. With ample room for horses, animals, gardens, or a hobby farm, this property offers plenty of opportunities to make the land your own. The purged home features four bedrooms, two bathrooms, a spacious living area, and a small enclosed porch for additional usable space. City water and a newer septic system installed approximately two years ago add to the property’s appeal. If you’re looking for acreage, mature trees, and room to spread out, this Penrose property is worth a look!

660 M St, 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