Penrose, CO Homes for Sale

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  /48

  $1,375,000

  • 3 Beds
  • 3 Baths
  • 2,915 Sq Ft

  18530 Colorado 115, Penrose, CO 81240

  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

  

  Linda Leslie

  HomeSmart

  (719) 417-7059

  18530 Colorado 115, Penrose, CO 81240
• Explore Penrose

• 

  

  

  /47

  $1,375,000

  • 3 Beds
  • 3 Baths
  • 2,915 Sq Ft

  18530 State Highway 115, Penrose, CO 81240

  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

  

  Linda Leslie

  Homesmart

  (719) 451-7234

  18530 State Highway 115, Penrose, CO 81240
• 

  

  

  /27

  $325,000

  • 3 Beds
  • 2 Baths
  • 1,760 Sq Ft

  4200 County Road 123, Penrose, CO 81240

  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

  

  Chris Montoya

  Keller Williams Performance Realty

  (719) 368-8993

  4200 County Road 123, Penrose, CO 81240
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  /36

  $299,900

  • 4 Beds
  • 2 Baths
  • 1,932 Sq Ft

  375 14th St, Penrose, CO 81240

  Off-Grid Oasis with Mountain Views on 10 Acres!!Discover peace, privacy, and self-sufficiency at the end of the road at 375 14th St in Penrose. This unique off-grid property sits on 10 acres with a live creek, peaceful mountain views, and no HOA restrictions—ideal for those craving space and independence.The home has been refreshed with interior paint, wood and tile flooring, and features

  

  KRISTI MEYER

  Real Broker, LLC

  (719) 496-8175

  375 14th St, Penrose, CO 81240
• 

  

  

  /50

  $975,000

  • 5 Beds
  • 3 Baths
  • 4,006 Sq Ft

  1183 2nd St, Penrose, CO 81240

  Your Lifestyle Oasis in Penrose, CO – Where Adventure Meets Opportunity! Dreaming of a hobby farm, a charming Airbnb retreat, or simply living off your own land? This unique property offers it all—elegance, income potential, and Rocky Mountain adventure just 30 minutes from Colorado Springs and Ft. Carson. Why This Property is Special: Two Primary Suites + Flexible Space: Perfect for

  

  Mike Kenney

  Better Homes and Gardens Real Estate Kenney & Company

  (719) 342-4240

  1183 2nd St, Penrose, CO 81240
• 

  

  /29

  $225,000

  • Land
  • 27.96 Acres
  • $8,047 per Acre

  2 8th St, Penrose, CO 81240

  A DIAMOND in the ROUGH! 27.9 acres with a permitted HOT ARTESIAN WELL (92 degrees) which can be used for Irrigation and medicinal purposes. Was used in the past by many locals for it's healing capabilities. Also has BEAVER CREEK running through the land from north to south for livestock to drink from. Views of the surrounding mountains, could be a solar site or power is about 1/8 of a mile.

  

  Linda Mattson

  Homesmart Preferred Realty

  (719) 280-5767

  2 8th St, Penrose, CO 81240
• 

  

  /7

  $170,000

  • Land
  • 8.14 Acres
  • $20,885 per Acre

  15941 Vietnam Veterans Memorial Hwy, Penrose, CO 81240

  Discover the perfect blend of rural charm and agricultural opportunity with this 8.14-acre parcel located in the heart of Penrose, Colorado. Offering expansive views of the surrounding countryside and Pikes Peak in the distance, this level, usable land is ideal for building your dream home, starting a hobby farm, or investing in Colorado land this property has plenty of space for a custom home,

  

  Chris Montoya

  Keller Williams Performance Realty

  (719) 826-6823

  15941 Vietnam Veterans Memorial Hwy, Penrose, CO 81240
• 

  /2

  $50,000

  • Land
  • 0.09 Acre
  • $555,556 per Acre

  000 Vietnam Veterans Memorial Hwy, Penrose, CO 81240

  Prime Highway 115 Visibility – Small Lot, Big Opportunity! Don't let the size fool you—this small but mighty lot offers exceptional visibility right off Highway 115, making it a strategic spot for signage, small business potential, or investment. With high traffic exposure and easy access, it's an ideal location to get noticed. Whether you're looking to advertise, build, or hold, this highly

  

  Tyson Cool

  Properties Of Colorado CC

  (719) 417-9057

  000 Vietnam Veterans Memorial Hwy, Penrose, CO 81240
• 

  

  /10

  $168,000

  • Land
  • 40.27 Acres
  • $4,172 per Acre

  475 P St, Penrose, CO 81240

  Scenic Land with Solar Power, Outbuildings & Valley!This 40 acre AG Forest-zoned property offers a rare combination of space, privacy, and potential. Approximately 7 flat acres sit atop a bluff, featuring a 12x65 mobile home shell—a structure ready for renovation or replacement to suit your needs.The property is equipped with solar power, housed in one of two storage outbuildings, along

  

  Paul Temaat

  Paul Temaat

  (719) 674-0232

  

  475 P St, Penrose, CO 81240
• 

  

  /5

  $375,000

  • Land
  • 103.67 Acres
  • $3,617 per Acre

  0 Highway 50, Penrose, CO 81240

  Prime US HWY 50 frontage acreage. Former (Reclaimed) gravel pit site. Fully restored to natural beauty. The access from HWY 50 has been updated with CDOT compliant Exit and Crossing lanes! Far away yet close enough to just about everything! Penrose & the Fremont County Airport are less than 5 minutes away, Florence & Canon City are within 10 minutes and Pueblo West/Pueblo are 30 minutes close.

  

  Sylvia Jennings

  BHHS Rocky Mountain, REALTORS

  (729) 751-5612

  0 Highway 50, Penrose, CO 81240
• 

  

  /23

  $199,000

  • 3 Beds
  • 2 Baths
  • 1,216 Sq Ft

  205 Illinois St, Penrose, CO 81240

  Discover this beautifully renovated home in the heart of Penrose, perfect for first-time homeowners or savvy investors. The property features a 6-foot privacy-fenced yard with alley access and a spacious deck ideal for relaxation and entertaining. Inside, you'll find fresh vinyl plank flooring and new paint throughout. The expansive kitchen, complete with a breakfast bar and ample space for a

  

  Tyson Cool

  Properties of Colorado Real Estate Inc

  (719) 689-8780

  

  205 Illinois St, Penrose, CO 81240
• 

  

  /34

  $495,000

  • 4 Beds
  • 3 Baths
  • 2,184 Sq Ft

  747 D St, Penrose, CO 81240

  Welcome to a charming, newly updated farm property perfectly situated on just over 6 acres of peaceful Colorado countryside. This spacious 4-bedroom, 3-bathroom home has been recently remodeled to blend modern comfort with rural charm. Inside, you’ll find new plumbing, a new roof, brand-new kitchen cabinets, new flooring throughout, and fresh paint in the main living areas. The primary bathroom

  Svenja Hopkins

  Fathom Realty Colorado LLC

  (719) 745-7942

  747 D St, Penrose, CO 81240
• 

  

  /41

  $554,000

  • 4 Beds
  • 2 Baths
  • 1,983 Sq Ft

  100 Pleasure Trail, Penrose, CO 81240

  Welcome to this Updated beautifully kept 4-bedroom, 2-bath bi-level home in the highly desirable Top Rail Ranch community—set on a spacious 2.8-acre corner lot where horses, livestock, and all your animals are welcome. This stucco home offers the perfect blend of rural comfort, modern updates, and open space with NO HOA. Step inside to find two inviting living areas, including a vaulted-ceiling

  Mark Ramirez HomeSmart

  100 Pleasure Trail, Penrose, CO 81240
• 

  

  /41

  $554,000

  • 4 Beds
  • 2 Baths
  • 1,983 Sq Ft

  100 Pleasure Trail, Penrose, CO 81240

  Welcome to this Updated beautifully kept 4-bedroom, 2-bath bi-level home in the highly desirable Top Rail Ranch community—set on a spacious 2.8-acre corner lot where horses, livestock, and all your animals are welcome. This stucco home offers the perfect blend of rural comfort, modern updates, and open space with NO HOA. Step inside to find two inviting living areas, including a vaulted-ceiling

  Mark Ramirez HomeSmart

  100 Pleasure Trail, Penrose, CO 81240
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  /47

  $1,250,000

  • 8,660 Sq Ft

  708 Fremont St, Penrose, CO 81240

  Rare opportunity to own a historic South Colorado building with a lot of history. It has become a landmark with the Billboard and one of the World's largest Rocking Chairs. One of a kind building with high ceilings, wood beams, and brick. Muriel's inside and out. Many upgrades, including electric, plumbing and roof. It would be a great event center or restaurant with opportunities to make it your

  Sam Banning Homesmart Preferred Realty

  708 Fremont St, Penrose, CO 81240
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  /45

  $149,999

  • Land
  • 40 Acres
  • $3,750 per Acre

  725 van Egmond Dr, Penrose, CO 81240

  This 40-acre property in Fremont County offers a private setting with diverse terrain, open views, and year-round access. Located about 12 minutes from Cañon City, it provides a balance of seclusion and proximity to town services. The land features rolling hills, natural cover, and clear vantage points across the surrounding mountain ranges. As a true end-of-the-road opportunity, the private

  Rob Herrmann Whitetail Properties Real Estate Llc

  

  725 van Egmond Dr, Penrose, CO 81240
• 

  

  /60

  $969,900

  • 3 Beds
  • 3 Baths
  • 4,194 Sq Ft

  507 van Egmond Dr, Penrose, CO 81240

  Welcome to this striking adobe-style home tucked behind a gated entrance on 35+ secluded acres in Penrose, Colorado. Surrounded by rolling hills and stunning natural terrain, this Southwestern-inspired residence offers panoramic views, modern comforts, and unmatched privacy--perfect for a primary home, or a Colorado retreat.The home's bold stucco facade and flat rooflines echo classic Pueblo

  Jerrod Meyer Whitetail Properties Real Estate, LLC

  507 van Egmond Dr, Penrose, CO 81240
• 

  

  /49

  $490,000

  • 2 Beds
  • 1.5 Baths
  • 1,344 Sq Ft

  21691 County Road 67, Penrose, CO 81240

  Incredible OFF-THE-GRID mountain retreat on 40 acres with BLM land on two sides featuring SOLAR, PROPANE, and NATURAL SPRING. This property allows the hustle and bustle of everyday life to slow down as you soak in the natural beauty of all Colorado has to offer. Tucked away on the land is a two story cabin style home. The main level walks into a covered and heated front porch. Through the front

  Troy MacDonald eXp Realty, LLC

  

  21691 County Road 67, Penrose, CO 81240
• 

  

  /24

  $295,000

  • 3 Beds
  • 2 Baths
  • 1 Sq Ft

  33 7th Ave, Penrose, CO 81240

  Cozy 3BD/2BA home on 0.51 acres in Penrose! Features an oversized garage, two storage sheds (one with loft), fenced yard, and new furnace tune-up. Plenty of room for a garden and easy access to Brush Hollow Reservoir, Dakota Hot Springs, and local wineries. Close to Ft. Carson, Canon City, Pueblo & Colorado Springs-country comfort with town convenience! A Simple Life with Big Possibilitie Set

  Twila Geroux Hayden Outdoors Real Estate

  33 7th Ave, Penrose, CO 81240
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  /7

  $795,000

  • 2,982 Sq Ft

  15560 Colorado 115, Penrose, CO 81240

  Well established Commercial location in Penrose along Co. St. Hwy. 115. 2 access points with 650 feet of HWY frontage and 11,000 average daily traffic passerby's. Maximum parking for large event venue. Current Restaurant building is 2982 Sq. Ft with commercial kitchen, and 3- 7/2 baths. 5 Bedroom, 4 bathroom 2084 Sq. Ft/ Home, and 30' x 50' shop. Shop is set up for large machinery. Other

  Brandon Angel Keller Williams Performance Realty

  15560 Colorado 115, Penrose, CO 81240
• 

  

  /3

  $120,000

  • Land
  • 5 Acres
  • $24,000 per Acre

  0 J St, Penrose, CO 81240

  Discover the perfect opportunity to own prime farm land! This 5 acre parcel is conveniently located in the heart of Penrose, comes with 5 shares of Beaver Park irrigation and would be a great lot for a new build!! This land offers great mountain views and the space and potential to make your farming vision come true! Check it out today!

  Suzi Adamson All Seasons LLC

  0 J St, Penrose, CO 81240
• 

  /2

  $250,000

  • Land
  • 20 Acres
  • $12,500 per Acre

  000 11th St, Penrose, CO 81240

  Discover the unmatched potential of this stunning 20-acre property, split evenly on each side of 11th Street and nestled in the heart of Colorado’s serene high desert landscape. With 10 acres on either side, this unique parcel offers flexibility for a variety of uses — build your dream home, establish a hobby farm, or develop a retreat that embraces the peace and beauty of the surrounding

  Sam Banning HomeSmart Preferred Realty

  

  000 11th St, Penrose, CO 81240
• 

  

  /5

  $55,000

  • Land
  • 10 Acres
  • $5,500 per Acre

  TBD C St, Penrose, CO 81240

  Tremendous views and incredible privacy here on this 10-acre parcel in rural Penrose, Colorado with incredible mountain views! Mostly fenced and cross-fenced, this would be excellent grazing land and/or your perfect homestead to build your dream home! This 10-acres is being offered alongside the residential listing at 358 13th St, in addition to two other contiguous 10-acre parcels, for a total

  Jenny Gatzke Homesmart Preferred Realty

  TBD C St, Penrose, CO 81240
• 

  

  /15

  $215,000

  • Land
  • 2.72 Acres
  • $79,044 per Acre

  1390 K St, Penrose, CO 81240

  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

  Sandy Smith Properties Of Colorado Inc

  1390 K St, Penrose, CO 81240
• 

  

  /33

  $750,000

  • 3 Beds
  • 3 Baths
  • 2,175 Sq Ft

  445 G St, Penrose, CO 81240

  Welcome to one of the best-designed five-acre horse properties in Penrose! Pull in through the remote-controlled gate and drive slowly to take it all in! Nestled attractively on the east end of the property, is this charming rancher, detached 38x17 garage, 60x40 heated shop with built-in air compressor, 220 electric, (2) 20 x 60 storage on each side of the shop with loft, (2) 12 x12 horse stalls

  Kimberly Powers Summit & Main Realty Group

  445 G St, Penrose, CO 81240
• 

  

  /46

  $350,000

  • 3 Beds
  • 1 Bath
  • 960 Sq Ft

  490 A St, Penrose, CO 81240

  LOTS OF SPACE SITTING ON 10 ACRES. A LARGE SHOP AND OUTBUILDINGS PERFECT FOR ALL YOUR HOBBIES.

  Jeff Divelbiss RE/MAX Of Pueblo Inc

  490 A St, Penrose, CO 81240
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  /33

  $650,000

  • 3 Beds
  • 2 Baths
  • 3,132 Sq Ft

  47 Top Rail Trail, Penrose, CO 81240

  Your retirement dream is this new built Luxury Property by with expansive views. Imagine living in modern luxury on acres only 40 minutes from the Springs. Main level living at its finest. The great room will be amazing for hosting friends and all of your family and has expansive mountain views. The kitchen has a massive island with seating for 6+ and with its quartz counters and white shaker

  Matthew Orsillo Better Homes & Gardens Re

  47 Top Rail Trail, Penrose, CO 81240
• 

  

  /11

  $205,000

  • Land
  • 5 Acres
  • $41,000 per Acre

  958 L St, Penrose, CO 81240

  Fully fenced for any livestock 5 acres with 5 shares of beaver park water irrigation. Located in quiet well established Penrose neighborhood all nice houses. Water tap included and 3 hydrants on property already. Welded pipe roping arena at the back of the property with horse paddocks and small storage shed. Would make a great lot for a new home. Large trees surround the property, and all

  Brandon Angel Keller Williams Performance Realty

  958 L St, Penrose, CO 81240
• 

  

  /4

  $100,000

  • Land
  • 2.78 Acres
  • $35,971 per Acre

  83 Top Rail Trail, Penrose, CO 81240

  Premier 2.78 acre flag lot in Top Rail Ranch Estates! Beautiful mountain views along with gorgeous sunrises and sunsets. Centrally located between Canon City, Pueblo & Colorado Springs. Protective covenants which will help protect your homes value. No HOA! Wide open spaces with room for your horses and RVs. Under ground utilities! Drive-by and see where your next dream home will be located!!

  Suzi Adamson All Seasons LLC.

  83 Top Rail Trail, Penrose, CO 81240
• 

  

  /5

  $58,000

  • Land
  • 10 Acres
  • $5,800 per Acre

  1374 C St, Penrose, CO 81240

  This private, rural 10-acre property in Penrose Colorado has so much to offer and is contiguous and listed alongside residential listing at 358 13th Street, for a total of 40 acres with all four 10-acre parcels combined. You’ll fall in love with the biggest skies and 360-degree mountain views you can imagine. Almost fully fenced and cross fenced, with some electric fencing included along with a

  Jenny Gatzke HomeSmart Preferred Realty

  

  1374 C St, Penrose, CO 81240
• 

  

  /49

  $1,095,000

  • 3 Beds
  • 3 Baths
  • 2,218 Sq Ft

  1115 M St, Penrose, CO 81240

  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

  Tim Ritter RE/MAX ROYAL GORGE

  1115 M St, Penrose, CO 81240
• 

  

  /50

  $770,000

  • 4 Beds
  • 2.5 Baths
  • 3,527 Sq Ft

  988 P St, Penrose, CO 81240

  Welcome home to your custom built ICF adobe style home sitting on 10 acres. Whether you’re looking for room to spread out or a multigenerational setup this home is for you and it was built with everything in mind. In floor heat throughout the entire structure. You can use either the indoor boiler that runs on propane or the exterior wood burning boiler. The booming ceilings in the main part of

  Stephanie Mirowski Homesmart Preferred Realty

  988 P St, Penrose, CO 81240
• 

  

  /22

  $599,000

  • Land
  • 162.76 Acres
  • $3,680 per Acre

  TBD Vietnam Veterans Memorial Hwy, Penrose, CO 81240

  This is a once-in-a-lifetime opportunity to own 160+ acres of Paradise. Year-round water full of trout. Extremely private, bordered by public lands including Beaver Creek Wilderness area, Stat of Colorado and BLM Land. Several building sites for "off-the-gird" living. Convenient location for Colorado Springs, Pueblo, or Canon City Commuting. The property has historical significance and an

  Brandon Angel Keller Williams Performance Realty

  TBD Vietnam Veterans Memorial Hwy, Penrose, CO 81240
• 

  

  /43

  $594,900

  • 3 Beds
  • 3 Baths
  • 3,257 Sq Ft

  175 E St, Penrose, CO 81240

  Discover modern country living in this stunning custom-built 2-story home, completed in 2019. Thoughtfully designed for comfort and versatility, this property offers 2 spacious bedrooms plus an office (or additional non-conforming bedroom) on the main floor. The open-concept layout features vaulted wood ceilings, rich hardwood floors, and large windows allowing an abundance of natural light that

  Tim Ritter RE/MAX ROYAL GORGE

  175 E St, Penrose, CO 81240
• 

  

  /30

  $375,000

  • 3 Beds
  • 2 Baths
  • 1,740 Sq Ft

  106 Grant St, Penrose, CO 81240

  Welcome to your dream home on a corner lot! This beautifully updated residence features three large, inviting bedrooms and two modern bathrooms. As you enter, you'll be greeted by a spacious, light-filled living area with a wood-burning fireplace. The updated kitchen boasts sleek countertops, stainless steel appliances, and ample cabinet space, which opens to a large dining area. The primary

  The Blickenstaff Group Keller Williams Performance Realty

  106 Grant St, Penrose, CO 81240
• 

  

  /29

  $249,000

  • 3 Beds
  • 2 Baths
  • 1,253 Sq Ft

  1006 I St, Penrose, CO 81240

  Charming and peaceful 3-bedroom, 2-bath home on 5 acres in Penrose—ideal for those seeking space, privacy, and a place for animals. This 1965 single-wide with a full addition features newer vinyl windows, metal roof, and siding. The living room offers laminate floors, French doors to the porch, and a tiled area ready for the electric or gas fireplace (hookup available). Kitchen has wood cabinets,

  Katie Ely The Cutting Edge

  1006 I St, Penrose, CO 81240
• 

  

  /35

  $390,000

  • 4 Beds
  • 3 Baths
  • 2,383 Sq Ft

  207 Fremont St, Penrose, CO 81240

  Charming 4-Bedroom Home with an Efficiency Apartment & Exceptional Features - Prime Central Location! Welcome to this beautifully updated 4-bedroom, 3-bathroom home, perfectly designed for comfort, and flexibility. Situated in a central location just minutes from HWY 115 and HWY 50, this property offers easy access to Colorado Springs, Florence, Cañon City, and Pueblo. The main home features

  Sam Banning HomeSmart Preferred Realty

  207 Fremont St, Penrose, CO 81240
• 

  

  /39

  $245,000

  • 2 Beds
  • 1 Bath
  • 1,116 Sq Ft

  1574 4th St, Penrose, CO 81240

  Tucked back and perched on the canyon, 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

  Stephanie Mirowski Homesmart Preferred Realty

  1574 4th St, Penrose, CO 81240
• 

  

  /12

  $55,000

  • Land
  • 10 Acres
  • $5,500 per Acre

  TBD 14th St, Penrose, CO 81240

  Fabulous 10-acre property priced to sell!! Remote parcel yet minutes from the highway! Would be decent travel times to the Colorado Springs, Pueblo and Canon. Creek access and lots of trees and vegetation toward the East side. Great Mountain views!

  Suzi Adamson All Seasons LLC.

  TBD 14th St, Penrose, CO 81240
• 

  

  /35

  $479,900

  • 1 Bed
  • 1 Bath
  • 576 Sq Ft

  1005 13th St, Penrose, CO 81240

  Bring your horses and enjoy this beautifully remodeled equestrian property! Featuring an 11-stall barn with indoor living quarters, this setup is perfect for horse owners, trainers, or anyone looking for a turn-key horse facility. The barn is fully updated and includes automatic horse waterers, tack and feed space, and direct access to outdoor riding amenities. Step outside to a full-size arena,

  Tim Ritter RE/MAX Royal Gorge

  1005 13th St, Penrose, CO 81240

Showing Results 1 - 40, Page 1 of 2

Why Live in Penrose

Penrose, CO, is a rural community situated between Pueblo and Colorado Springs, offering residents a semi-arid landscape with juniper woodlands, hot springs, and proximity to the Arkansas River. The area is known for its spacious acreage, with many properties featuring traditional farmhouses and ranch-style homes on lots ranging from 3 to 40 acres, allowing for agricultural activities such as growing hay and raising livestock. Founded during the gold rush, Penrose provides a quiet environment with stunning views and a moderate heat risk, with summer temperatures reaching the low-to-mid 90s. The community is prone to wildfires, which have a moderate chance of affecting properties over the next 30 years.

Penrose features several outdoor attractions, including the Dakota Hot Springs, Brush Hollow Reservoir, and Florence River Park, which offer opportunities for camping, fishing, paddleboarding, and kayaking. The Penrose Park & Recreation District serves as the main green space, hosting events like the Apple Day Festival. Although Penrose has limited commercial areas, Broadway offers local establishments such as Coyote's Coffee Den and Penrose Pizzeria & Pub, along with the Neighborhood Market for groceries. For additional shopping and dining options, Florence is located about 6 miles southwest.

The Fremont County Transit system provides on-demand transportation, with Pueblo approximately 30 miles east and Colorado Springs about 35 miles north. Pueblo Memorial Airport and Colorado Springs Airport offer flights to various destinations, including international flights starting in June 2025.

Learn more about living in Penrose

Frequently Asked Questions

What is the average home price in Penrose, CO?

Homes for sale in Penrose, CO have an average home price of $478,306.

How many homes have sold over the last 12 months in Penrose, CO?

67 homes have sold in Penrose, CO over the last 12 months.

What are the most popular zip codes in Penrose, CO?

The most popular zip codes in Penrose, CO include 81240, 81226, 81212, 81253 and 81007.

How much do you need to make to afford a house in Penrose?

The median home price in Penrose is $400,000. If you put a 20% down payment of $80,000 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $1,960 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $84K a year to afford the median home price in Penrose. Learn how much home you can afford with our Home Affordability Calculator.

How are the schools in Penrose, CO?

Penrose, CO has highly rated public and private schools. Some of the best schools in Penrose based on Niche Grades are Penrose Elementary School and Florence High School. Browse all the schools in Penrose, CO to learn more.

Home Trends in Penrose, CO

On average, homes in Penrose, CO sell after 97 days on the market compared to the national average of 53 days. The median sale price for homes in Penrose, CO over the last 12 months is $390,000, up 13% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$390,000

Median Single Family Sale Price

$390,000

Average Price Per Sq Ft

$252

Number of Homes for Sale

21

Last 12 months Home Sales

67

Months of Supply

3.80

Median List Price

$400,000

Median Change From 1st List Price

3%

Median Home Sale Price YoY Change

13%