Homes for Sale in 81240

• 

  

  

  /48

  $1,375,000

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

  18530 Colorado 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

  

  Linda Leslie

  HomeSmart

  (719) 417-7059

  18530 Colorado 115, Penrose, CO 81240
• 

  

  

  /46

  $539,000

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

  3528 Telegraph Trail, Cañon City, CO 81212

  Nestled on the 2nd tee of Four Mile Ranch Golf Course in scenic Caon City, this custom 4-bedroom, 2-bath home offers luxury living with unobstructed golf course and mountain views. The desirable east-side location provides a quiet community setting with quick access to town. Exceptional curb appeal greets you with high-grade artificial turf, a covered front porch, and a peaceful waterfall

  

  Shelley Keller

  HomeSmart Preferred Realty

  (719) 451-7841

  3528 Telegraph Trail, Cañon City, CO 81212
• 

  

  

  /47

  $1,375,000

  • 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

  

  Linda Leslie

  Homesmart

  (719) 451-7234

  18530 State Highway 115, Penrose, CO 81240
• 

  

  

  /60

  $468,035

  • 3 Beds
  • 3 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 and a

  

  David Swearingen

  Keller Williams Performance Realty

  (719) 215-9591

  3524 Telegraph Trail, Cañon City, CO 81212
• 

  

  

  /36

  $314,900

  • 4 Beds
  • 2 Baths
  • 1,932 Sq Ft

  375 14th St, Penrose, CO 81240

  Off-Grid Oasis with Mountain Views on 10 Acres!!Discover peace, privacy, and self-sufficiency at the end of the road at 375 14th St in Penrose. This unique off-grid property sits on 10 acres with a live creek, peaceful mountain views, and no HOA restrictions—ideal for those craving space and independence.The home has been refreshed with interior paint, wood and tile flooring, and features

  

  KRISTI MEYER

  Real Broker, LLC

  (719) 496-8175

  375 14th St, Penrose, CO 81240
• 

  

  /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
• 

  

  /40

  $379,900

  • 3 Beds
  • 2 Baths
  • 1,568 Sq Ft

  1535 17th St, Penrose, CO 81240

  Discover your own private retreat with this 3-bedroom, 2-bath manufactured home offering 1,568 sq. ft. of living space on approximately 10 acres. Built in 1992 and thoughtfully updated, this property blends comfort, efficiency, and country charm—ideal for horse enthusiasts or anyone seeking wide-open space. There are magnificent mountain views from covered decks, located at the end of a quiet

  

  Marilee Nickelson

  Homesmart Preferred Realty

  (719) 824-4711

  1535 17th St, Penrose, CO 81240
• 

  

  /27

  $325,000

  • 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

  

  Chris Montoya

  Keller Williams Performance Realty

  (719) 368-8993

  4200 County Road 123, Penrose, CO 81240
• 

  

  /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

  (729) 751-5612

  0 Highway 50, 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
• 

  /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
• 

  

  /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
• 

  

  /29

  $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
• 

  

  /10

  $168,000

  • Land
  • 40.27 Acres
  • $4,172 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

  (719) 674-0232

  

  475 P St, 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
• 

  

  /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
• 

  

  /41

  $554,000

  • 4 Beds
  • 2 Baths
  • 1,983 Sq Ft

  100 Pleasure Trail, Penrose, CO 81240

  Welcome to this Updated beautifully kept 4-bedroom, 2-bath bi-level home in the highly desirable Top Rail Ranch community—set on a spacious 2.8-acre corner lot where horses, livestock, and all your animals are welcome. This stucco home offers the perfect blend of rural comfort, modern updates, and open space with NO HOA. Step inside to find two inviting living areas, including a vaulted-ceiling

  Mark Ramirez HomeSmart

  100 Pleasure Trail, Penrose, CO 81240
• 

  

  /41

  $554,000

  • 4 Beds
  • 2 Baths
  • 1,983 Sq Ft

  100 Pleasure Trail, Penrose, CO 81240

  Welcome to this Updated beautifully kept 4-bedroom, 2-bath bi-level home in the highly desirable Top Rail Ranch community—set on a spacious 2.8-acre corner lot where horses, livestock, and all your animals are welcome. This stucco home offers the perfect blend of rural comfort, modern updates, and open space with NO HOA. Step inside to find two inviting living areas, including a vaulted-ceiling

  Mark Ramirez HomeSmart

  100 Pleasure Trail, Penrose, CO 81240
• 

  

  /45

  $149,999

  • Land
  • 40 Acres
  • $3,750 per Acre

  725 van Egmond Dr, Penrose, CO 81240

  This 40-acre property in Fremont County offers a private setting with diverse terrain, open views, and year-round access. Located about 12 minutes from Cañon City, it provides a balance of seclusion and proximity to town services. The land features rolling hills, natural cover, and clear vantage points across the surrounding mountain ranges. As a true end-of-the-road opportunity, the private

  Rob Herrmann Whitetail Properties Real Estate Llc

  

  725 van Egmond Dr, Penrose, CO 81240
• 

  

  /24

  $295,000

  • 3 Beds
  • 2 Baths
  • 1 Sq Ft

  33 7th Ave, Penrose, CO 81240

  Cozy 3BD/2BA home on 0.51 acres in Penrose! Features an oversized garage, two storage sheds (one with loft), fenced yard, and new furnace tune-up. Plenty of room for a garden and easy access to Brush Hollow Reservoir, Dakota Hot Springs, and local wineries. Close to Ft. Carson, Canon City, Pueblo & Colorado Springs-country comfort with town convenience! A Simple Life with Big Possibilitie Set

  Twila Geroux Hayden Outdoors Real Estate

  33 7th Ave, 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

  Red Rock RidgePRICED REDUCED BY 100K!!!! SELLER MOTIVATED!!!!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 land is blessed with 100% usable terrain with a perfect mix of trees and meadow. 5 minutes away is hunting access to the wilderness area and 10 minutes you will be

  Bob Regester Mossy Oak Properties Colorado Mountain Realty

  0 Upper Beaver Creek Rd, Canon City, 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
• 

  

  /43

  $594,900

  • 3 Beds
  • 3 Baths
  • 3,257 Sq Ft

  175 E St, Penrose, CO 81240

  Discover modern country living in this stunning custom-built 2-story home, completed in 2019. Thoughtfully designed for comfort and versatility, this property offers 2 spacious bedrooms plus an office (or additional non-conforming bedroom) on the main floor. The open-concept layout features vaulted wood ceilings, rich hardwood floors, and large windows allowing an abundance of natural light that

  Tim Ritter RE/MAX ROYAL GORGE

  175 E St, Penrose, CO 81240
• 

  

  /43

  $510,000

  • 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 Cañon City and a breathtaking one-hour drive to Colorado Springs. From the moment you

  Carolyn 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

  $669,000

  • 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
• 

  

  /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

  $725,000

  • 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
• 

  

  /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
• 

  

  /36

  $399,900

  • 4 Beds
  • 3.5 Baths
  • 1,922 Sq Ft

  613 Cowboy Way, Cañon City, CO 81212

  Beautiful four bedroom, four bathroom home with upgrades galore that is in impeccable condition and pride of ownership is displayed throughout the home. There is BRAND NEW CARPET, with gorgeous luxury vinyl in the entryway, the first half bathroom, kitchen and dining room area. The home has a wide open concept as you enter the home with huge vaulted ceilings, an open family room, dining area and

  MARIAN DIRITO RE/MAX ROYAL GORGE

  613 Cowboy Way, Cañon City, CO 81212
• 

  

  /43

  $415,000

  • 4 Beds
  • 2 Baths
  • 1,667 Sq Ft

  225 G St, Penrose, CO 81240

  Welcome to a charming four-bedroom, two-bathroom home that perfectly blends country living with modern convenience. This 1,667 square foot property sits on spacious grounds designed with equestrian enthusiasts in mind, featuring four fenced pastures ideal for rotational grazing and a lean-to shed for your horses. The heart of this property extends well beyond the comfortable interior living

  Keely Smith CUSTER COUNTY REALTY, INC.

  225 G St, Penrose, CO 81240
• 

  

  /27

  $372,000

  • 3 Beds
  • 2 Baths
  • 1,408 Sq Ft

  628 Cowboy Way, Canon City, CO 81212

  Built in 2022, this family home, located on a quiet street in the Four Mile Ranch Community, has 3 bedrooms and 2 bathrooms, just minutes from the golf course. Upgrades since this home was built include fully fenced back yard, xeriscape land scaping in the front and back, large shad tree and shrubs with an automatic drip system. This home has been meticulously maintained and enhanced with blinds

  Cynthia Martellaro You 1st Realty

  628 Cowboy Way, Canon City, CO 81212
• 

  

  /37

  $399,900

  • 3 Beds
  • 2 Baths
  • 1,344 Sq Ft

  1100 Kodiak Trail, Penrose, CO 81240

  One-of-a-kind country home in beautiful Penrose just a few minutes from Canon City! Are you looking for an affordable, spacious ranch-style home with a huge 1,400 square foot garage/shop/storage building on 35 acres? This stunning open floorplan home was completely remodeled in 2025 and has lots of modern upgrades. Imagine stepping out onto the spacious deck and admiring the breathtaking 360

  THE CORNELL TEAM Keller Williams Performance Realty

  1100 Kodiak Trail, Penrose, CO 81240
• 

  

  /15

  $429,990

  • 3 Beds
  • 2 Baths
  • 2,356 Sq Ft

  1376 B St, Penrose, CO 81240

  Escape to your own private 10-acre retreat in the high desert mesa of Penrose, Colorado, where wide-open skies and sweeping mountain views surround you in every direction. This beautifully maintained 3-bedroom, 2-bath home offers 2,356 square feet of comfortable living and countless thoughtful upgrades throughout. The seller has already completed many of the much-needed improvements, including a

  Christopher Ferri Atlas Real Estate Group

  

  1376 B St, Penrose, CO 81240

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