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Penrose, CO Homes for Sale

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  • /36

    $745,000

    • 4 Beds
    • 3.5 Baths
    • 4,405 Sq Ft

    1893 County Road 127, Penrose, CO 81240

    Nestled just outside the city, this wonderful 4,405 SF home offers the perfect blend of peaceful country living and easy access to city amenities and employment. Built in 1992, the home features 4 spacious bedrooms and 3.5 baths. The finished basement includes a second kitchen, creating a private apartment-style space ideal for guests or multigenerational living. The main kitchen is generous in

    Agent Photo

    Shelley Keller

    HomeSmart Preferred Realty

    (719) 652-5690

    1893 County Road 127, Penrose, CO 81240
  • /50

    $775,000

    • 2 Beds
    • 2 Baths
    • 1,264 Sq Ft

    8200 County Road 132, Penrose, CO 81240

    One of a kind opportunity to own 73+ acres ie two 35+parcels, one has a COZY RANCHER with covered front deck to take in the amazing views of Table Mountain and the BEAVER CREEK WILDERNESS AREA, which has a BEAVER CREEK Trout Steam, all within walking distance. Home is a comfortable 2 bed 2 bath with a SOLAR SYSTEM hooked up to the grid for super low power bills and a NEWER FREE STANDING PELLET

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    Linda Mattson

    Homesmart Preferred Realty

    (719) 353-6629

    8200 County Road 132, Penrose, CO 81240
  • /5

    $375,000

    • Land
    • 104 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.

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    Sylvia Jennings

    BHHS Rocky Mountain, REALTORS

    (719) 745-4920

    0 Highway 50, 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

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    Tyson Cool

    Properties Of Colorado CC

    (719) 417-9057

    000 Vietnam Veterans Memorial Hwy, 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

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    Tyson Cool

    Properties of Colorado Real Estate Inc

    (719) 689-8780

    205 Illinois St, Penrose, CO 81240
  • /41

    $599,000

    • 2 Beds
    • 1 Bath
    • 1,104 Sq Ft

    3325 County Road 132, Penrose, CO 81240

    Discover a rare opportunity to own 117 acres of pristine land, thoughtfully designed for ranch and equine enthusiasts. This property is more than just land and structures—it's the embodiment of an attainable ranch lifestyle, conveniently located near major amenities. As you approach, a serene seasonal stream and pond welcomes you before passing through the main gate. You are met with a

    Agent Photo

    Tyson Cool

    Properties of Colorado Real Estate Inc

    (719) 451-7984

    3325 County Road 132, Penrose, CO 81240
  • /30

    $225,000

    • Land
    • 28 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.

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    Linda Mattson

    Homesmart Preferred Realty

    (719) 280-5767

    2 8th St, Penrose, CO 81240
  • /7

    $170,000

    • Land
    • 8 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,

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    Chris Montoya

    Keller Williams Performance Realty

    (719) 826-6823

    15941 Vietnam Veterans Memorial Hwy, Penrose, CO 81240
  • /7

    $649,000

    • Land
    • 9 Acres
    • $69,043 per Acre

    934 C St, Penrose, CO 81240

    Discover a rare investment opportunity in Penrose, Colorado, featuring three distinct properties spanning 14.6 acres. These properties can be sold together as a package or separately, offering flexibility for residential, commercial, and agricultural ventures. The motivated seller ensures a compelling value proposition! 1. Commercial Property – Prime Highway 115 Frontage (2.57 Acres) Location:

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    Tyson Cool

    Properties of Colorado Real Estate Inc

    (719) 416-3179

    934 C St, Penrose, CO 81240
  • /28

    $395,000 New Construction

    • 3 Beds
    • 2 Baths
    • 1,670 Sq Ft

    772 7th St, Penrose, CO 81240

    Welcome home to this brand new beautiful three bed two full bathroom home on 1.6 acres of land. Entering the home from the covered porch, you are met with a large family room that has tons of windows to showcase the mountain views. Entering into the kitchen, you will find a "mile long" serve across bar island. The kitchen boasts large cabinets and countertop space for all your cooking needs.

    Agent Photo

    Tyson Cool

    Properties Of Colorado CC

    (719) 695-7555

    772 7th St, Penrose, CO 81240
  • /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
  • /2

    $140,000

    • Land
    • 4.70 Acres
    • $29,787 per Acre

    1442 K St, Penrose, CO 81240

    This parcel is offered exclusively as a package with the adjacent 4.7-acre residential property MLS# 3805885, creating a rare opportunity to own a total of 9.4 irrigated acres in Fremont County. Discover the perfect opportunity to expand your rural lifestyle with this 4.7-acre irrigated parcel just outside Penrose, Colorado. Whether you're seeking more space for livestock, a productive hay

    Tony Greer Keller Williams Performance Realty

    1442 K St, Penrose, CO 81240
  • /40

    $635,000

    • 3 Beds
    • 2 Baths
    • 4,102 Sq Ft

    1400 K St, Penrose, CO 81240

    Updated Brick Ranch on 4.7 Irrigated Acres with Horse Barn with Adjacent Irrigated Parcel Available MLS#6458782, 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 4.7 irrigated, fenced, and cross-fenced acres—complete with a 30x30 horse barn, small corral, and shade

    Tony Greer Keller Williams Performance Realty

    1400 K St, Penrose, CO 81240
  • /49

    $799,000

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

    39 5th St, Penrose, CO 81240

    Set on 20 picturesque acres, this 3,175 SQFT ranch home blends luxury with country charm, complete with 16 shares of Beaver Park ditch. Designed for both entertaining and everyday comfort, the home offers 4 spacious bedrooms, 2 bathrooms, a designated office space and a gourmet kitchen featuring pine cabinetry, generous countertops, a central island with gas stove, and fireplace. Relax by the

    Katalena McNew Keller Williams Performance Realty

    39 5th St, Penrose, CO 81240
  • /50

    $674,900

    • 4 Beds
    • 2.5 Baths
    • 2,290 Sq Ft

    770 Cedar Hills Rd, Penrose, CO 81240

    Calling all hobby farmers, outdoor enthusiasts, homesteaders or anyone seeking privacy with all the modern comforts.Updated in 2025, this spacious 1.5 story home is a blend of modern upgrades and rural charm and sits on 20+ private acres backing to almost 900 acres of state land, and just minutes from Brush Hollow Reservoir and Penrose Commons ATV Park. The well-designed interior features a

    KRISTI MEYER Real Broker, LLC

    770 Cedar Hills Rd, 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
  • /60

    $969,900

    • 3 Beds
    • 3 Baths
    • 2,102 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
  • /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
  • /11

    $699,900

    • 3 Beds
    • 2 Baths
    • 2,812 Sq Ft

    47 Top Rail Trail, Penrose, CO 81240

    Come home to this brand-new 3-Bedroom Luxury Property with expansive views. Discover this stunning new 3-bedroom, 2.5-bathroom home, offering 2,812 sq. ft. of modern luxury on 2 acres of prime horse property. Located just 25 minutes from Fort Carson and Colorado Springs, this home combines functionality with lovely views and contemporary design. Key Features: The gorgeous kitchen is built

    Jon Hatch New Home Star, LLC

    47 Top Rail Trail, Penrose, CO 81240
  • /41

    $799,000

    • 1 Bed
    • 1 Bath
    • 1,180 Sq Ft

    18461 Colorado 115, Penrose, CO 81240

    Custom Solar Home with creek, views and more Escape to your own private wilderness with this unique off-grid solar powered home, nestled on 40 acres of pristine Colorado landscape. This property is surrounded by state and BLM land and offers unmatched privacy, endless recreational oppertunities and direct connection to nature - with an abundance of wildlife right outside your door. Beaver Creek

    Greg Hanson TRELORA Realty

    18461 Colorado 115, Penrose, CO 81240
  • /39

    $565,000

    • 5 Beds
    • 2 Baths
    • 2,893 Sq Ft

    925 2nd St, Penrose, CO 81240

    Set on 15 acres, this move-in-ready property offers a rare blend of character, privacy, and pride of ownership. Most of the interior doors came from the historic Antlers Hotel in Colorado Springs, giving the home a timeless and distinctive feel. Since purchasing, the owners have completed extensive upgrades—too many to list—including a remodeled kitchen and new stucco exterior. The home also

    KAYLA BRADY Homesmart Preferred Realty

    925 2nd St, Penrose, CO 81240
  • /50

    $537,500

    • 4 Beds
    • 3 Baths
    • 2,952 Sq Ft

    855 Marilyn Dr, Penrose, CO 81240

    Looking for an amazing property? This completely remodeled custom home offers it all! 2952 square feet with 4 bed, 3 bath, 3 car, detached garage/shop sits on a fabulous 3.03-acre parcel. Main level open floor plan features beautiful tile flooring Well-designed kitchen has soft close quality cabinets w/ some pull-outs, breakfast bar appliances are included. Dinning room has a entrance to a

    Dirk Fowler Homesmart Preferred Realty

    855 Marilyn Dr, Penrose, CO 81240
  • /44

    $380,000

    • 3 Beds
    • 2 Baths
    • 1,456 Sq Ft

    5101 County Road 123, Penrose, CO 81240

    The seller agrees to a $10,000 flooring concession! Discover the perfect blend of rural charm and modern amenities on this 9.7-acre parcel near Penrose, Colorado. Zoned AR (Agricultural Residential), this property offers endless possibilities, whether you’re looking for a private retreat, a hobby farm, or a space to build your dream home.Enjoy breathtaking mountain and plains views from

    GAYLORD KNEPP Sweet Homes Realty

    5101 County Road 123, Penrose, CO 81240
  • /23

    $340,400

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft

    359 8th St, Penrose, CO 81240

    Welcome to your new home! This stunning new build offers the perfect blend of modern amenities and design, featuring 3 bedrooms, 2 full bathrooms. Nestled within walking distance of Penrose Elementary School, close to Canon City, Pueblo, and Colorado Springs. Step inside to an open concept split bedroom design that seamlessly flows from room to room. The heart of the home boasts large granite

    Louise Young Properties Of Colorado Inc

    359 8th 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

    $385,000

    • 3 Beds
    • 2 Baths
    • 1,630 Sq Ft

    12 Grant St, Penrose, CO 81240

    Home sweet home! A perfect home that has a little bit of everything for you and yours! This 3 bedroom, 2 bathroom home is better than new and shows it when you first walk in. Split-bedroom design with large rooms and vaulted ceilings. Master bedroom with full bath en-suite boasting marble surround and double closets. Beautiful vinyl flooring and 2 panel doors, large central living room and

    Brandon Angel Keller Williams Performance Realty

    12 Grant St, Penrose, CO 81240
  • /50

    $455,000

    • 3 Beds
    • 2 Baths
    • 1,911 Sq Ft

    1559 9th St, Penrose, CO 81240

    REAL country living only 20 minutes from Pueblo! Discover this unique 3-bedroom, 2-bath A-frame home nestled on 2.23 acres in scenic Penrose, Colorado. It's bigger than you think at 1,911 square feet of inviting living space. This home features a great floorplan, cozy rustic charm, and plenty of room to grow. You'll immediately notice the beautiful beams from floor to ceiling throughout the home.

    Tracy Bastian ROCKY MOUNTAIN REALTY

    1559 9th St, Penrose, CO 81240
  • /4

    $110,000

    • Land
    • 3.04 Acres
    • $36,184 per Acre

    219 Top Notch Trail, Penrose, CO 81240

    3+ Acre Horse Property with Arena & Views in Top Rail Ranch, PenroseDiscover wide open skies and breathtaking mountain views on this stunning 3 plus-acre parcel located in the desirable Top Rail Ranch community of Penrose. One of the few remaining open building lots in this spacious equestrian subdivision, this property offers a rare opportunity to build your dream home in a peaceful, rural

    Jennifer Vernetti EXIT Elevation Realty

    219 Top Notch Trail, Penrose, CO 81240
  • /35

    $400,000

    • 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, Caon City, and Pueblo. The main home features fresh

    Sam Banning HomeSmart Preferred Realty

    207 Fremont 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
  • /15

    $129,000

    • Land
    • 35 Acres
    • $3,657 per Acre

    TBD R St, Penrose, CO 81240

    Priced to sell for a quick sale! Are you ready to embrace the beauty of Colorado's serene landscapes and build your dream home? Look no further! This extraordinary 35.27 acre partially fenced property nestled along Hwy 50 and R St in Penrose in the banana belt of Colorado, offers the perfect canvas for your vision. No HOA or covenants, which makes this manufactured/mobile/affordable housing

    Alyssa Loflin Exp Realty Llc

    TBD R St, Penrose, CO 81240
  • /8

    $295,000

    • 4 Beds
    • 2 Baths
    • 1,440 Sq Ft

    1780 14th St, Penrose, CO 81240

    Full renovation In progress, around 70% complete! Complete renovation includes new windows, new interior texture and paint, new luxury vinyl flooring, new beechwood cabinets, new granite countertops, new vanities and toilets, new siding and exterior paint, security cameras, and HughesNet satellite internet (with 2 years of service included.) Contact agent with any questions.This 1,440 sq

    Blake Hanenberg Keller Williams Performance Realty

    1780 14th 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
  • /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
  • /25

    $595,000

    • 3 Beds
    • 2 Baths
    • 1,440 Sq Ft

    895 B St, Penrose, CO 81240

    Wonderful 10 acre horse facility for sale in Penrose C0. Great location 30 minutes to both Colo Springs and Pueblo. This property has gorgeous mountain views a mild climate, and is close to many riding trails including Brush Hollow Reservoir.The 36 x 84 barn is a one of a kind structure custom built by the previous owner. Inside there are 5 stalls with attached runs, wash bay, heated tack

    Camilo Perez Home Sold Realty, LLC

    895 B St, Penrose, CO 81240
  • /50

    $785,000

    • 4 Beds
    • 4 Baths
    • 4,044 Sq Ft

    1628 R St, Penrose, CO 81240

    Take a look at this incredible 4BR/4BA gem on 3+acres in Top Rail Ranch Estates! You'll enter through a courtyard where you'll be greeted to a welcoming covered porch and entryway. The main level features arched doorways and Saltillo tile flooring throughout; a Living Room with vault & beam ceilings and a Kiva adobe style wood burning fireplace; the Kitchen with a dual fuel range, stainless steel

    Ashley Blasius Cornerstone Real Estate Team

    1628 R St, Penrose, CO 81240
  • /39

    $394,000

    • 2 Beds
    • 2 Baths
    • 2,040 Sq Ft

    1290 B St, Penrose, CO 81240

    Nestled on 10 serene acres, this one-of-a-kind property offers a harmonious blend of natural beauty and modern comfort. With breathtaking 360-degree mountain views and expansive hardwood floors throughout, this 2-bedroom, 2-bathroom home is the perfect canvas for your dream lifestyle.Step inside and be greeted by large, bright windows that flood the home with natural light and frame the

    Sofia Taylor Agents Realty of Colorado

    1290 B St, Penrose, CO 81240
  • /41

    $394,000

    • 2 Beds
    • 2 Baths
    • 2,040 Sq Ft

    1290 B St, Penrose, CO 81240

    Nestled on 10 serene acres, this one-of-a-kind property offers a harmonious blend of natural beauty and modern comfort. With breathtaking 360-degree mountain views and expansive hardwood floors throughout, this 2-bedroom, 2-bathroom home is the perfect canvas for your dream lifestyle. Step inside and be greeted by large, bright windows that flood the home with natural light and frame the stunning

    Sofia Taylor Agents Realty Of Colorado LLC

    1290 B St, Penrose, CO 81240
  • /10

    $189,000

    • Land
    • 40 Acres
    • $4,693 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

    475 P St, Penrose, CO 81240
  • /50

    $479,900

    • 3 Beds
    • 1 Bath
    • 1,824 Sq Ft

    800 L St, Penrose, CO 81240

    Motivated Seller! Here is your opportunity to own 10 irrigated acres with all the amenities. The home features 3 bedrooms and 1 bath, a large living room that's open to the dining room, a great space for entertaining guests. There is a bonus room off the living room that could be used as an office, reading nook, playroom or music room, endless possibilities. One bedroom is nonconforming but there

    Katharine Wiltfong Reeves Real Estate Llc

    800 L 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.

Frequently Asked Questions

What is the average home price in Penrose, CO?
Homes for sale in Penrose, CO have an average home price of $474,844.
How many homes have sold over the last 12 months in Penrose, CO?
52 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 6.56%, your estimated principal and interest payment would be $2,040 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $87K a year to afford the median home price in Penrose.
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

Housing Trends

Median Sale Price
$394,250
Median Single Family Sale Price
$398,500
Average Price Per Sq Ft
$233
Number of Homes for Sale
26
Last 12 months Home Sales
52
Months of Supply
6.00
Median List Price
$400,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
10%
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