Homes for Sale in 81240

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  /47

  $600,000

  • 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) 624-0161

  3528 Telegraph Trail, Cañon City, CO 81212
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  /38

  $799,000

  • 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
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  /50

  $1,100,000

  • 5 Beds
  • 4 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 and Gardens Real Estate Kenney & Company

  (719) 674-8963

  1183 2nd St, Penrose, CO 81240
• 

  

  

  /4

  $1,200,000

  • Land
  • 27 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
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  /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

  

  Tyson Cool

  Properties of Colorado Real Estate Inc

  (719) 451-7984

  

  3325 County Road 132, Penrose, CO 81240
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  /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.

  

  Linda Mattson

  Homesmart Preferred Realty

  (719) 280-5767

  2 8th St, Penrose, CO 81240
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  /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,

  

  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:

  

  Tyson Cool

  Properties of Colorado Real Estate Inc

  (719) 416-3179

  

  934 C St, Penrose, CO 81240
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  /16

  $330,000

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

  4200 County Road 123, Cañon City, CO 81212

  Welcome to this charming 3-bedroom, 2-bath modular home nestled on a spacious 5-acre lot, offering both privacy and room to roam. Located near a gun range, this property is perfect for outdoor enthusiasts who enjoy a peaceful country setting while having quick access to recreational shooting activities.The home needs a little love but features an open concept living area and kitchen, for

  

  Chris Montoya

  Keller Williams Performance Realty

  (719) 938-1783

  4200 County Road 123, Cañon City, CO 81212
• 

  

  /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

  

  Linda Mattson

  Homesmart Preferred Realty

  (719) 353-6629

  8200 County Road 132, Penrose, CO 81240
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  /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
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  /37

  $365,000

  • 4 Beds
  • 2 Baths
  • 1,200 Sq Ft

  369 G St, Penrose, CO 81240

  Charming 4-Bedroom Ranch Home nestled on a 0.69-acre lot in in Penrose, CO. Welcome to this character-filled 4BR, 2BA home with 1,200 sf of well-designed living space. This home offers an open floor plan, swamp cooler for summer comfort, and durable wood laminate flooring throughout for easy maintenance. The inviting Living Room features a decorative wood-paneled wall and a lighted ceiling fan.

  

  Tami Jo Belsey

  RE/MAX Properties Inc

  (719) 631-1674

  369 G St, Penrose, CO 81240
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  /2

  $649,000

  • 2 Beds
  • 1 Bath
  • 1,020 Sq Ft

  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

  

  914 C St, Penrose, CO 81240
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  /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
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  /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
• 

  /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
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  /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.

  

  Tyson Cool

  Properties Of Colorado CC

  (719) 695-7555

  772 7th St, Penrose, CO 81240
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  /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
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  /50

  $678,500

  • 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
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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
• 

  

  /20

  $469,500

  • 3 Beds
  • 2 Baths
  • 1,628 Sq Ft

  3609 Telegraph Trail, Cañon City, CO 81212

  ALL APPLIANCES INCLUDED. Nestled on the picturesque Four Mile Ranch golf course, this 3-year-old gem offers luxurious living with views that stretch in every direction. Bordered by the 4th Fairway, the property offers a prime location for golf enthusiasts or anyone who appreciates beautiful surroundings. Boasting 1,628 square feet, this home features 3 spacious bedrooms and 2 bathrooms. Step into

  Tony Greer Keller Williams Performance Realty

  3609 Telegraph Trail, Cañon City, CO 81212
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  /49

  $500,000

  • 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
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  /60

  $969,900

  • 3 Beds
  • 3 Baths
  • 4,184 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

  $750,000

  • Land
  • 267 Acres
  • $2,809 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, 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 Fremont

  Bob Regester Mossy Oak Properties, Colorado Mountain Realty

  0 Upper Beaver Creek Rd, Canon City, CO 81240
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  /9

  $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 - $699,900! 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

  Brett Brady 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
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  /36

  $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
• 

  

  /85

  $789,000

  • 4 Beds
  • 4 Baths
  • 6,028 Sq Ft

  1593 Top Notch Trail, Penrose, CO 81240

  Priced well below market with instant equity at closing, this custom 6,800 sq ft, 4 bed, 4 bath home on 2.9 acres is packed with features. The chef's kitchen boasts granite counters, stainless appliances, radiant heat cooktop with pot filler, double ovens, prep sink, soft-close maple cabinets, large island, and breakfast bar. Cozy up by the gas fireplace in the open living room with wet bar, mini

  Dave Mauro Sun Mesa

  1593 Top Notch Trail, Penrose, CO 81240
• 

  

  /50

  $875,000 Open Sun 3PM - 5PM

  • 3 Beds
  • 2.5 Baths
  • 2,518 Sq Ft

  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

  

  321 Bowie Rd, Penrose, CO 81240
• 

  

  /3

  $539,989

  • 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 LLC

  3559 Saddle Dr, Cañon City, CO 81212
• 

  

  /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
• 

  

  /50

  $499,000

  • 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
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  /29

  $525,000

  • 3 Beds
  • 2 Baths
  • 1,800 Sq Ft

  601 County Road 108, Florence, CO 81226

  Lots of privacy with this home on 40 acres with many upgrades. This is a great property for equine enthusiasts. The country kitchen is large center island and upgraded cabinetry along with stainless steel appliances and farm sink and don't miss out on that corner storage pantry! Master bedroom suite with outside access and a sidewalk to the covered patio which is wired for a hot tub. The master

  Charla Cook eXp Realty, LLC

  601 County Road 108, Florence, CO 81226
• 

  

  /28

  $498,000

  • 2 Beds
  • 1 Bath
  • 1,050 Sq Ft

  760 D St, Penrose, CO 81240

  Own your personal Mini Farm or Horse property! Almost new two bedrooms one bathroom home situated on 10 acres of irrigated land with extra shares to be with the water longer. It's all fenced plus a dandy domestic well. Plenty of outbuildings for whatever use you desire. Approximately half of the property is in grass hay

  Randy Brady BRADY REALTY

  760 D St, Penrose, CO 81240
• 

  

  /46

  $489,900

  • 3 Beds
  • 3 Baths
  • 2,629 Sq Ft

  1023 9th St, Penrose, CO 81240

  Quiet country living meets modern comfort on this versatile agricultural property featuring a well maintained 3-bedroom, 3 full bathroom modular home built in 2021. Nestled on 2.62 acres of usable land ideal for hobby farming or simply enjoying a bit more open space and privacy. Offering a spacious and efficient layout with some inset ceilings, fabulous kitchen, dedicated office and recreation

  Suzi Adamson All Seasons Llc

  1023 9th St, 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
• 

  

  /45

  $438,500

  • 4 Beds
  • 2.5 Baths
  • 1,634 Sq Ft

  3533 Rio Bravo Dr, Canon City, CO 81212

  Beautiful 4-Bedroom Home in 4-Mile Ranch – No HOA!Located in the sought-after 4-Mile Ranch subdivision, this 4-bedroom, 3-bathroom home offers generous living space, great natural light, and amazing curb appeal—all with the added bonus of no HOA.Inside, you'll find a welcoming layout with granite countertops, all appliances included, central heat and air, and a durable metal roof

  Jayme Newsom Homesmart Preferred Realty

  3533 Rio Bravo Dr, Canon City, CO 81212
• 

  

  /23

  $347,900

  • 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
• 

  

  /22

  $650,000

  • Land
  • 163 Acres
  • $3,994 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

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