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Penrose, CO 1-Story Homes for Sale

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  • /38

    $745,000

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

    1893 County Road 127, Penrose, CO 81240

    Nestled just outside the city, this 4,405 SF home offers the perfect blend of peaceful country living and city convenience. Built in 1992, it features 4 spacious bedrooms, 3.5 baths, and a finished basement with a second kitchen—ideal for guests or multigenerational living. The main kitchen includes granite counters, stainless appliances, a breakfast bar, and opens to a huge dining area perfect

    Agent Photo

    Shelley Keller

    HomeSmart Preferred Realty

    (719) 652-5690

    1893 County Road 127, 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

    Agent Photo

    Tyson Cool

    Properties of Colorado Real Estate Inc

    (719) 689-8780

    205 Illinois St, Penrose, CO 81240
  • /27

    $350,000

    • 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

    Agent Photo

    Chris Montoya

    Keller Williams Performance Realty

    (719) 368-8993

    4200 County Road 123, Penrose, CO 81240
  • /49

    $659,750

    • 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 DBA Real

    770 Cedar Hills Rd, 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
  • /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
  • /45

    $550,000

    • 4 Beds
    • 2 Baths
    • 1,949 Sq Ft

    1037 12th St, Penrose, CO 81240

    Looking for a hobby farm? This 4-bedroom, 2-bathroom, 1 owner home is in the heart of the Penrose farming community! Appealing 1 level ranch home with 2 car attached garage, 36x48 Cleary building and the barn has a 12x24 stall and (2 ) 12x12 stalls! The shop area that's in the barn has baseboard heat and A/C. The property includes 5 irrigation shares, wonderful raised garden beds, a building for

    Suzi Adamson All Seasons Llc

    1037 12th St, Penrose, CO 81240
  • /31

    $675,000

    • 3 Beds
    • 2.5 Baths
    • 2,436 Sq Ft

    1785 County Road 120, Penrose, CO 81240

    Welcome to your dream ranch retreat! 3-bedroom, 3-bathroom rancher with loft plus full basement! This beautiful home is nestled on an expansive 31+ acres offering comfort, privacy and wide-open space! The creek runs through the property. Stunning exterior with stucco, stone accents and tile roof. This home boasts modern amenities with rustic charm, spacious living areas and lots of potential! The

    Suzi Adamson All Seasons Llc

    1785 County Road 120, Penrose, CO 81240
  • /34

    $680,000

    • 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 and Gardens Real Estate Kenney & Company

    47 Top Rail Trail, Penrose, CO 81240
  • /54

    $990,000

    • 5 Beds
    • 3 Baths
    • 3,870 Sq Ft

    1675 M St, Penrose, CO 81240

    Welcome home to this magnificent horse property situated on 10 acres with irrigation. This spacious 5 bedroom 3 bath home has many upgrades throughout. Five piece bath off the primary suite with copper tub, double sinks, walk in closet and seperate water closet. Kitchen features two islands with leathered granite countertops. Two spare bedrooms separated by a bathroom. In the walkout basement

    Brice Ingo RE/MAX Associates

    1675 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
  • /42

    $749,000

    • 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
  • /50

    $375,000

    • 4 Beds
    • 2 Baths
    • 1,705 Sq Ft

    358 13th St, Penrose, CO 81240

    Experience Colorado country living at its finest with this spacious 4-bedroom, 2-bathroom home nestled on 10 serene acres with a year-round live stream in rural Penrose! Built in 2000 and offering 1,705 sq ft of single-level living, this property combines comfort, privacy, and functionality with everything you need for horses, livestock, or simply wide-open space to call your own. Step inside to

    Jenny Gatzke HomeSmart Preferred Realty

    358 13th St, Penrose, CO 81240
  • /40

    $260,000

    • 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
  • /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, Canon City, and Pueblo. The main home features

    Sam Banning HomeSmart Preferred Realty

    207 Fremont St, Penrose, CO 81240
  • /50

    $469,900

    • 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
  • /49

    $438,000

    • 4 Beds
    • 2 Baths
    • 2,036 Sq Ft

    540 6th St, Penrose, CO 81240

    Welcome to this beautifully updated 4-bedroom, 2-bathroom home set on 4.51 acres with stunning mountain views. Inside, you’ll find fresh updates including new cabinets, counters, lighting, fresh paint inside and out, and carpet that create a bright and inviting living space. Step outside to enjoy brand-new concrete patios, low-maintenance xeriscaping, and plenty of room to relax or entertain. The

    Stephanie Mirowski HomeSmart Preferred Realty

    540 6th St, Penrose, CO 81240
  • /24

    $1,325,000

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

    18530 Colorado 115, Penrose, CO 81240

    Beaver Creek Ranch is a stunning 107-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 107 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

    Scot Oliver Mason Morse Ranch Company

    18530 Colorado 115, Penrose, CO 81240
  • /29

    $375,000

    • 3 Beds
    • 1 Bath
    • 1,352 Sq Ft

    525 D St, Penrose, CO 81240

    Welcome to this lovely homestead. Dreaming of having your horse with you, or how about any of those farm animals, this is the house for you. Situated on 1.88 acres you can have pigs, horses, goats and chickens. The pasture on the south side of the house is ideal for horse with a round pen and plenty of grazing. Property also has 2 share in Beaver Creek Basin. The barn offers space for all the

    Jenn Hearon You 1st Realty

    525 D St, Penrose, CO 81240
  • /50

    $425,000

    • 3 Beds
    • 2 Baths
    • 1,242 Sq Ft

    12 9th Ave, Penrose, CO 81240

    This beauty has so much to offer!! 3 bed 2 bath rancher with an attached 2 car carport that is easily turned into a garage. Sitting on 4.12 acres of some of the best mountain views money can buy! Pikes Peak, Sangre De Cristo's, the Front Range, and Greenhorns! Breakfast bar, granite counter tops, newer cabinets, appliances, paint, windows, fans & fixtures, recessed lighting, furnace, central air,

    Donna Austin RE/MAX Of Pueblo Inc

    12 9th Ave, Penrose, CO 81240
  • /44

    $370,000

    • 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
  • /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
  • /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
  • /45

    $599,000

    • 2 Beds
    • 1 Bath
    • 1,142 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

    Stephen Cool Properties of Colorado Inc

    3325 County Road 132, 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
  • /39

    $389,900

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

    1290 B St, Penrose, CO 81240

    Nestled on 10 tranquil acres, this exceptional property offers a seamless blend of natural beauty and modern comfort. Boasting breathtaking 360-degree mountain views and expansive hardwood floors throughout, this 2-bedroom, 2-bathroom home provides the perfect canvas for your dream lifestyle, with the option to easily create a third bedroom. Step inside to discover bright, sun-filled spaces with

    Sofia Taylor Agents Realty of Colorado

    1290 B St, Penrose, CO 81240
  • /26

    $258,000

    • 3 Beds
    • 2 Baths
    • 912 Sq Ft

    505 Broadway, Penrose, CO 81240

    Cozy 3 Bedroom, 2 Bath Home with 2 car detached garage. Original built in cabinets in main bathroom and hallway. New Water Heater and Furnace installed in January 2024 with Brand New Heat Ducts. Solar installed in January 2024 also. This home is located just a few blocks of school, stores and Penrose Park. Totally fenced in yard for your fur babies. Stop by to see for yourself and you'll be glad

    Peggy Borchers Homesmart Preferred Realty

    505 Broadway, Penrose, CO 81240
  • /40

    $999,999

    • 4 Beds
    • 2.5 Baths
    • 3,396 Sq Ft

    1381 3rd St, Penrose, CO 81240

    Discover this stunning 3,396 sq ft custom-built home in the heart of Penrose, overlooking Apple Valley Estates, offering an exceptional blend of luxury, space, and modern amenities. This expansive property boasts 4 bedrooms, 3 bathrooms, and a thoughtfully designed floor plan perfect for comfortable living and entertaining. The home features an attached 1,000+ sq ft garage, providing ample space

    Lisa Adkisson Homesmart Preferred Realty

    1381 3rd St, Penrose, CO 81240
  • /12

    $267,500

    • 2 Beds
    • 1 Bath
    • 860 Sq Ft

    414 4th St, Penrose, CO 81240

    SW home Holly Palk 1972, Vacant, ready to show, and will still need notice to show. Great easily accessible to half mile to Highway 115, and to Hwy 50. easy shot to Colo Springs / Fort Carson. Go South on Hwy 115 to Westcliffe, beautiful area for Hunting Back Trekking Mountain climbing etc... Hwy 50 East to Pueblo Close to PUEBLO and West To Canon City, Salida. Post

    Tony Greer Keller Williams Performance Realty

    414 4th St, Penrose, CO 81240
  • /62

    $755,000

    • 5 Beds
    • 3 Baths
    • 3,872 Sq Ft

    1933 Top Notch Trail, Penrose, CO 81240

    Amazing property in Top Rail Ranch Estates! 5 bedrooms, 3 bath stucco w/ stone accents. This rancher has a full walkout basement, attached, finished 3 car garage & huge 30x50 workshop! Shop has tandem door setup. Fabulous kitchen w/ granite countertops, built in spice and plate racks, some cabinets w/ pull outs, adjacent pantry, breakfast bar, beautiful cabinets, and crown molding! New double

    Suzi Adamson All Seasons LLC.

    1933 Top Notch Trail, 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
  • /2

    $273,000

    • 880 Sq Ft

    312 Fremont Ave, Penrose, CO 81240

    If you’ve been searching for an affordable, turn-key home in Penrose, your search ends here! This brand new 2-bdrm, 1 full-bath home, located on a desirable corner lot in town, has been completely rebuilt from the foundation up. It will be ready for its first owners & available to occupy just before Christmas. This home offers unparalleled peace of mind, having been fully permitted & inspected

    Carla Braddy Real Broker, LLC DBA Real

    312 Fremont Ave, Penrose, CO 81240

Home Trends in Penrose, CO

Housing Trends

Median Sale Price
$385,700
Median Single Family Sale Price
$395,000
Average Price Per Sq Ft
$260
Number of Homes for Sale
27
Last 12 months Home Sales
64
Months of Supply
5.10
Median List Price
$419,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
8%
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