Homes for Sale in 81240

• 

  

  

  /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

  

  Shelley Keller

  HomeSmart Preferred Realty

  (719) 652-5690

  

  1893 County Road 127, Penrose, CO 81240
• 

  

  

  /48

  $539,000

  • 4 Beds
  • 2 Baths
  • 2,142 Sq Ft

  3528 Telegraph Trail, Cañon City, CO 81212

  Nestled on the 2nd tee of the prestigious Four Mile Ranch Golf Course in scenic Canon City, CO, this custom-built 4-bedroom, 2-bath home offers luxurious living with breathtaking, unobstructed views of the golf course and mountains, as the city skyline peeks through the ridges. Situated on the desirable east end of town, this home combines elegance, efficiency, and comfort in a serene golf course

  

  Shelley Keller

  Homesmart Preferred Realty

  (719) 451-7841

  3528 Telegraph Trail, Cañon City, CO 81212
• 

  

  

  /6

  $43,000

  • Land
  • 0.38 Acre
  • $113,158 per Acre

  3549 Saddle Dr, Cañon City, CO 81212

  

  Chris Montoya

  Keller Williams Performance Realty

  (719) 781-5973

  3549 Saddle Dr, Cañon City, CO 81212
• 

  

  

  /12

  $199,000

  • Land
  • 36.29 Acres
  • $5,484 per Acre

  771 Chris Ct, Cañon City, CO 81212

  Discover 36 acres of stunning mountain property, perfectly nestled against thousands of acres of BLM land for ultimate privacy and adventure. Just 10 minutes from Canon City's conveniences, this serene retreat offers the best of both worlds, tranquility and accessibility. A pre-cut road spans the entire lot, opening up multiple breathtaking home site options for your dream build. Expand your

  

  Tyson Cool

  Properties Of Colorado CC

  (719) 782-8924

  771 Chris Ct, Cañon City, CO 81212
• 

  

  

  /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

  (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

  

  Tyson Cool

  Properties Of Colorado CC

  (719) 417-9057

  000 Vietnam Veterans Memorial Hwy, Penrose, CO 81240
• 

  

  /4

  $1,200,000

  • Land
  • 26.76 Acres
  • $44,843 per Acre

  00 Shoop Dr, Florence, CO 81240

  Unlock an extraordinary investment opportunity with over 26 acres of prime highway-frontage land, perfectly positioned for maximum visibility and accessibility. This rare gem comes with a significant advantage: no need to navigate costly DOT requirements for acceleration or deceleration lanes, as the state has already installed a convenient stoplight, streamlining access for future development.

  

  Tyson Cool

  Properties Of Colorado CC

  (719) 625-2722

  00 Shoop Dr, Florence, 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
• 

  

  /30

  $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
• 

  

  /37

  $760,000

  • 3 Beds
  • 2.5 Baths
  • 2,336 Sq Ft

  1284 Canon Ridge Trail, Canon City, CO 81212

  Nestled in the heart of rugged mountain terrain, this charming log cabin sits on an expansive 43-acre lot, offering the perfect blend of rustic elegance and modern comfort. The property backs up to BLM land, providing an unparalleled sense of privacy and endless opportunities for outdoor adventures right in your backyard. The exterior showcases an expansive wraparound deck that invites you to

  

  David Carter

  Call It Closed International Realty

  (719) 356-3544

  1284 Canon Ridge Trail, Canon City, CO 81212
• 

  

  /4

  $43,000

  • Land
  • 0.41 Acre
  • $104,878 per Acre

  3547 Saddle Dr, Cañon City, CO 81212

  

  Chris Montoya

  Keller Williams Performance Realty

  (719) 631-9026

  3547 Saddle Dr, Cañon City, CO 81212
• 

  

  /50

  $999,000 New Construction

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

  1183 2nd St, Penrose, CO 81240

  Your Dream Home Awaits in Penrose, CO!Discover the perfect blend of small-town charm and Rocky Mountain beauty in this exceptional home. Offering serene living with easy access to local amenities and outdoor adventures, this property is a rare gem you won’t want to miss.Why You'll Love It:Inviting Outdoor Spaces: Start your day on the covered front porch with a cup of

  

  Mike Kenney

  Better Homes & Gardens Real Estate - Kenney & Co.

  (719) 342-4240

  

  1183 2nd St, Penrose, CO 81240
• 

  

  /50

  $488,633

  • 3 Beds
  • 2.5 Baths
  • 1,807 Sq Ft

  3524 Telegraph Trail, Cañon City, CO 81212

  Welcome to your dream home at 3524 Telegraph Trail! Nestled in the scenic Four Mile neighborhood and perfectly positioned on the golf course, this newly remodeled 3-bedroom, 3-bathroom home offers modern elegance and exceptional functionality—move-in ready or perfect for your next investment, with a proven track record in short-term rentals.Step inside to find brand-new flooring throughout

  David Swearingen Keller Williams Performance Realty

  3524 Telegraph Trail, Cañon City, CO 81212
• 

  

  /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
• 

  

  /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
• 

  

  /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
• 

  

  /32

  $1,325,000

  • Land
  • 108 Acres
  • $12,269 per Acre

  8530 Colorado 115, Penrose, CO 81240

  Beaver Creek Equestrian Property is a versatile 108± acre equestrian ranch perfectly suited for a wide range of equine disciplines and agricultural operations. Of the total acreage, 30± acres are irrigated hay pasture, supported by 31 shares of Beaver Park Water, ensuring reliable production.IMPROVEMENTSThe main residence is a charming 2,915± square-foot Spanish-style adobe home,

  Mason Company

  8530 Colorado 115, 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
  • 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
• 

  

  /19

  $695,000

  • Land
  • 276 Acres
  • $2,518 per Acre

  0 Upper Beaver Creek Rd, Canon City, CO 81240

  276 gentle acres bordering 30 square miles of Bureau of Land Management public lands. Over the counter elk tags for archery, second, and third seasons. This ranch is blessed with 100% useable terrain, and a perfect mix of trees and meadows. Bring the horses and ride 20 miles north and fish Skagway Reservoir or the Beaver Creek Wilderness stream system or hunt big game. Year-round access off a

  Bob Regester Mossy Oak Properties Colorado Mountain Realty

  

  0 Upper Beaver Creek Rd, Canon City, CO 81240
• 

  

  /39

  $550,000

  • 4 Beds
  • 2 Baths
  • 2,140 Sq Ft

  3542 Saddle Dr, Cañon City, CO 81212

  Escape the rush of city life and embrace Colorado beauty in this stunning 4-bedroom ranch-style retreat tucked within the prestigious Four Mile Ranch Golf Community. Ideally located just off Highway 50, this property combines small-town serenity with big conveniences — only 10 minutes to historic downtown Canon City and a breathtaking one-hour drive to Colorado Springs. From the moment you

  Jeanine Alexander Coldwell Banker Realty

  3542 Saddle Dr, Cañon City, CO 81212
• 

  

  /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

  $699,900

  • 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
• 

  

  /10

  $900,000

  • 4 Beds
  • 3 Baths
  • 4,067 Sq Ft

  59 Hardrock Ct, Canon City, CO 81212

  Stunning ranch-style home with unmatched privacy and breathtaking 360 mountain views! Tucked away in a peaceful valley, this beautiful property offers expansive, 360-degree mountain views framed by lush Juniper trees and surrounded by total privacy. Located in a serene, quiet neighborhood just outside city limits, this property is the epitome of tranquility. Enjoy breathtaking sunsets from your

  Kathy Haas Colorado Realty 4 Less, LLC

  59 Hardrock Ct, Canon City, CO 81212
• 

  

  /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
• 

  

  /39

  $550,000

  • 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
• 

  

  /4

  $539,989 New Construction

  • 3 Beds
  • 2 Baths
  • 1,704 Sq Ft

  3559 Saddle Dr, Cañon City, CO 81212

  To be built in the award winning Four Mile Ranch Golf Course Community. This home can be built to spec with your finish. Lot backs to open space and golf course for privacy. Arizona Model with open floor plan, vaulted ceilings, covered back patio, Owner Suite with attached bath, 2 additional bedrooms and full bath, and kitchen featuring large island and pantry. Very popular plan with 1700+ sf and

  KAREN SWEENEY Four Mile Realty

  

  3559 Saddle Dr, Cañon City, CO 81212
• 

  

  /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
• 

  

  /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
• 

  

  /3

  $57,500

  • Land
  • 10 Acres
  • $5,750 per Acre

  380 13th St, Penrose, CO 81240

  Excellent 10-acre parcel in a unbelievably private location in Penrose Colorado, with big sky and mountain views! 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 of 40 acres with all four 10-acre parcels combined. Includes some electric fencing, and is fenced and cross-fenced making it ideal for

  Jenny Gatzke HomeSmart Preferred Realty

  

  380 13th St, 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
• 

  

  /53

  $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,

  Peggy Ritter RE/MAX Royal Gorge

  1005 13th 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
• 

  

  /41

  $460,000

  • 5 Beds
  • 3 Baths
  • 2,790 Sq Ft

  622 Cowboy Way, Canon City, CO 81212

  Welcome home to this stylish and spacious 5 bedroom, 3 bathroom, 2790 sq ft contemporary ranch home with fully-finished basement and 2-car garage! Wonderfully located in the desirable Four Mile Ranch neighborhood, less than a minute from Four Mile Ranch Golf Club, with nearby hiking trails throughout the neighborhood. Built in 2022, and only occupied since 2024, this home is in like-new

  Jenny Gatzke HomeSmart Preferred Realty

  

  622 Cowboy Way, Canon City, CO 81212
• 

  

  /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
• 

  

  /25

  $1,325,000

  • 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

  Scot Oliver Mason & Morse Ranch Company

  

  18530 State Highway 115, Penrose, CO 81240

Showing Results 1 - 40, Page 1 of 3