$799,000
- 4 Beds
- 3.5 Baths
- 4,405 Sq Ft
1893 County Road 127, Penrose, CO 81240

Shelley Keller
Homesmart Preferred Realty
(719) 652-5690
$799,000
1893 County Road 127, Penrose, CO 81240
Shelley Keller
Homesmart Preferred Realty
(719) 652-5690
$1,100,000
1183 2nd St, Penrose, CO 81240
Mike Kenney
Better Homes and Gardens Real Estate Kenney & Company
(719) 674-8963
$170,000
15941 Vietnam Veterans Memorial Hwy, Penrose, CO 81240
15941 Vietnam Veterans Memorial Hwy, Penrose, CO 81240$649,000
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:
Tyson Cool
Properties of Colorado Real Estate Inc
(719) 416-3179
$775,000
8200 County Road 132, Penrose, CO 81240
Linda Mattson
Homesmart Preferred Realty
(719) 353-6629
$365,000
369 G St, Penrose, CO 81240
Tami Jo Belsey
RE/MAX Properties Inc
(719) 631-1674
$649,000
914 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:
Tyson Cool
Properties of Colorado Real Estate Inc
(719) 824-4857
$50,000
000 Vietnam Veterans Memorial Hwy, Penrose, CO 81240
000 Vietnam Veterans Memorial Hwy, Penrose, CO 81240$199,000
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
$599,000
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
Tyson Cool
Properties of Colorado Real Estate Inc
(719) 451-7984
$395,000 New Construction
772 7th St, Penrose, CO 81240
Tyson Cool
Properties Of Colorado CC
(719) 695-7555
$635,000
1400 K St, Penrose, CO 81240
Tony Greer Keller Williams Performance Realty
$799,000
39 5th St, Penrose, CO 81240
Katalena McNew Keller Williams Performance Realty
$678,500
770 Cedar Hills Rd, Penrose, CO 81240
KRISTI MEYER Real Broker, LLC
$1,250,000
708 Fremont St, Penrose, CO 81240
Sam Banning Homesmart Preferred Realty
$500,000
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
$969,900
507 van Egmond Dr, Penrose, CO 81240
Jerrod Meyer Whitetail Properties Real Estate, LLC
$699,900
47 Top Rail Trail, Penrose, CO 81240
Brett Brady New Home Star, LLC
$799,000
18461 Colorado 115, Penrose, CO 81240
Greg Hanson TRELORA Realty
$565,000
925 2nd St, Penrose, CO 81240
KAYLA BRADY Homesmart Preferred Realty
$789,000
1593 Top Notch Trail, Penrose, CO 81240
Dave Mauro Sun Mesa
$875,000 Open Sun 3PM - 5PM
321 Bowie Rd, Penrose, CO 81240
Welcome to a private retreat situated on nearly 38 acres of land. This exceptional custom-built adobe ranch-style residence boasts a three-car attached garage and offers luxurious living. The stunning home showcases a living room with a striking gas kiva fireplace and an abundance of window space to bring in the natural light. The expansive open gourmet kitchen serves as the heart of the home,
Cisco Tercero The Tercero Group Realty
$537,500
855 Marilyn Dr, Penrose, CO 81240
Dirk Fowler Homesmart Preferred Realty
$489,900
1023 9th St, Penrose, CO 81240
Suzi Adamson All Seasons Llc
$380,000
5101 County Road 123, Penrose, CO 81240
GAYLORD KNEPP Sweet Homes Realty
$347,900
359 8th St, Penrose, CO 81240
Louise Young Properties Of Colorado Inc
$650,000
TBD Vietnam Veterans Memorial Hwy, Penrose, CO 81240
TBD Vietnam Veterans Memorial Hwy, Penrose, CO 81240$375,000
106 Grant St, Penrose, CO 81240
The Blickenstaff Group Keller Williams Performance Realty
$385,000
12 Grant St, Penrose, CO 81240
Brandon Angel Keller Williams Performance Realty
$70,000
48 Tumbleweed Trail, Penrose, CO 81240
48 Tumbleweed Trail, Penrose, CO 81240$467,000
1559 9th St, Penrose, CO 81240
Tracy Bastian Rocky Mountain Realty
$110,000
219 Top Notch Trail, Penrose, CO 81240
219 Top Notch Trail, Penrose, CO 81240$419,000
207 Fremont St, Penrose, CO 81240
Sam Banning HomeSmart Preferred Realty
$1,095,000
1115 M St, Penrose, CO 81240
Tim Ritter RE/MAX ROYAL GORGE
$210,000
1780 14th St, Penrose, CO 81240
Blake Hanenberg Keller Williams Performance Realty
$100,000
83 Top Rail Trail, Penrose, CO 81240
83 Top Rail Trail, Penrose, CO 81240$325,000 Open Sat 11AM - 1PM
490 K St, Penrose, CO 81240
Katalena McNew Keller Williams Performance Realty
Showing Results 1 - 40, Page 1 of 2
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.
On average, homes in Penrose, CO sell after 80 days on the market compared to the national average of 70 days. The median sale price for homes in Penrose, CO over the last 12 months is $575,000, up 5% from the median home sale price over the previous 12 months.