Homes for Sale in 81240

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  /48

  $1,300,000

  • 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
• 

  

  

  /47

  $1,300,000

  • 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
• 

  

  

  /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
• 

  

  

  /51

  $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-built 4-bedroom, 2-bath home offers luxurious living with stunning golf course and mountain views, with glimpses of the city skyline through the ridges. Located on the desirable east end of town, the home blends elegance, efficiency, and comfort in a peaceful golf course community. Curb appeal shines with

  

  Shelley Keller

  HomeSmart Preferred Realty

  (719) 451-7841

  3528 Telegraph Trail, Cañon City, CO 81212
• 

  

  

  /50

  $1,250,000

  • 3 Beds
  • 2 Baths
  • 2,833 Sq Ft

  716 Dakota Ln, Canon City, CO 81212

  Discover unmatched privacy, comfort, and luxury on this beautifully remodeled 35-acre estate—just 10 minutes from town. This stunning 3 bedroom, 2 bathroom home offers high-end finishes, expansive living spaces, breathtaking views and a luxurious guesthouse.Step inside to a large open living room featuring a striking fireplace and gorgeous wood ceilings. The recently remodeled gourmet kitchen

  

  DELLA RIEGER

  Real Broker, LLC

  (719) 759-7966

  716 Dakota Ln, Canon City, CO 81212
• 

  

  /61

  $1,250,000

  • 3 Beds
  • 2 Baths
  • 2,833 Sq Ft

  716 Dakota Hideout, Canon City, CO 81212

  Discover unmatched privacy, comfort, and luxury on this beautifully remodeled 35-acre estate—just 10 minutes from town. This stunning home offers high-end finishes, expansive living spaces, breathtaking views and a luxurious guesthouse. Step inside to a large living room featuring a striking fireplace and gorgeous wood ceilings. The recently remodeled gourmet kitchen is a chef's dream with

  

  DELLA RIEGER

  REAL Broker, LLC

  (719) 437-7570

  716 Dakota Hideout, Canon City, CO 81212
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  /60

  $468,035 Open Sat 9AM - 12PM

  • 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
• 

  

  /50

  $975,000

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

  1183 2nd St, Penrose, CO 81240

  Your Lifestyle Oasis in Penrose, CO – Where Adventure Meets Opportunity! Dreaming of a hobby farm, a charming Airbnb retreat, or simply living off your own land? This unique property offers it all—elegance, income potential, and Rocky Mountain adventure just 30 minutes from Colorado Springs and Ft. Carson. Why This Property is Special: Two Primary Suites + Flexible Space: Perfect for

  

  Mike Kenney

  Better Homes and Gardens Real Estate Kenney & Company

  (719) 342-4240

  1183 2nd St, Penrose, CO 81240
• 

  

  /48

  $700,000

  • 3 Beds
  • 4 Baths
  • 2,482 Sq Ft

  611 Q St, Penrose, CO 81240

  Welcome to 611 Q St, Penrose, CO 81240 — a rare 20-acre retreat with unmatched versatility, panoramic views, and room to grow. Situated on two fully fenced 10-acre parcels, this exceptional property offers the flexibility to add a second residence (potentially eligible for an additional water tap per Penrose Water District—buyer to verify). Whether you're looking for multi-generational living,

  

  Scott Coddington

  Pulse Real Estate Group Llc

  (719) 568-9053

  611 Q St, Penrose, CO 81240
• 

  

  /15

  $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 private road spans the entire lot, opening up multiple breathtaking home site options for your dream build. Expand

  

  Tyson Cool

  (719) 782-8924

  771 Chris Ct, Cañon City, CO 81212
• 

  

  /8

  $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

  (719) 625-2722

  00 Shoop Dr, Florence, 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
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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
• 

  /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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  /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
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  /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
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  /22

  $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

  (719) 689-8780

  205 Illinois St, Penrose, CO 81240
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  /34

  $495,000

  • 4 Beds
  • 3 Baths
  • 2,184 Sq Ft

  747 D St, Penrose, CO 81240

  Welcome to a charming, newly updated farm property perfectly situated on just over 6 acres of peaceful Colorado countryside. This spacious 4-bedroom, 3-bathroom home has been recently remodeled to blend modern comfort with rural charm. Inside, you’ll find new plumbing, a new roof, brand-new kitchen cabinets, new flooring throughout, and fresh paint in the main living areas. The primary bathroom

  

  Svenja Hopkins

  Fathom Realty Colorado LLC

  (719) 745-7942

  747 D St, 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
• 

  

  /50

  $949,900

  • 5 Beds
  • 4 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 natural terrain, this Southwestern-inspired residence offers panoramic views, modern comforts, and privacy—perfect as a primary home or Colorado retreat. The home’s bold stucco façade and flat rooflines echo Pueblo architecture, creating timeless

  Rob Herrmann Whitetail Properties Real Estate Llc

  

  507 van Egmond Dr, Penrose, CO 81240
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  /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
• 

  

  /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
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  /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
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  /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
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  /3

  $120,000

  • Land
  • 5 Acres
  • $24,000 per Acre

  0 J St, Penrose, CO 81240

  Discover the perfect opportunity to own prime farm land! This 5 acre parcel is conveniently located in the heart of Penrose, comes with 5 shares of Beaver Park irrigation and would be a great lot for a new build!! This land offers great mountain views and the space and potential to make your farming vision come true! Check it out today!

  Suzi Adamson All Seasons LLC

  0 J St, Penrose, CO 81240
• 

  /2

  $75,000

  • Land
  • 0.2 Acre
  • $375,000 per Acre

  3572 Telegraph Trail Unit 8, Cañon City, CO 81212

  Build your Custom Dream Home on the award winning Four Mile Ranch Golf Course with Accent Homes (seller). Located on the 2nd Fairway, this building site offers spectacular views. Level site with curb, gutter and street lights in place. Floor Plans available.

  KAREN SWEENEY Four Mile Realty

  

  3572 Telegraph Trail Unit 8, Cañon City, CO 81212
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  /2

  $250,000

  • Land
  • 20 Acres
  • $12,500 per Acre

  000 11th St, Penrose, CO 81240

  Discover the unmatched potential of this stunning 20-acre property, split evenly on each side of 11th Street and nestled in the heart of Colorado’s serene high desert landscape. With 10 acres on either side, this unique parcel offers flexibility for a variety of uses — build your dream home, establish a hobby farm, or develop a retreat that embraces the peace and beauty of the surrounding

  Sam Banning HomeSmart Preferred Realty

  

  000 11th St, Penrose, CO 81240
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  /8

  $99,999

  • Land
  • 20 Acres
  • $5,000 per Acre

  709 County Road 108, Florence, CO 81226

  20 acres with Amazing views of the surrounding mountains including Pikes Peak. Seller has dug the holes for a cistern and for the permitted septic system for a 2 bed 1 bath house just waiting to be installed, new road has been cut in along with a couple of building pads that have already been leveled and compacked .

  Scot Oliver Mason & Morse Ranch Company

  

  709 County Road 108, Florence, CO 81226
• 

  

  /34

  $332,500

  • 2 Beds
  • 2 Baths
  • 1,155 Sq Ft

  638 Cowboy Way, Canon City, CO 81212

  This charming ranch home featuring two bedrooms, two baths and oversized two car garage-22' x 24'.2" in the desirable Four Mile Ranch Subdivision is ready for you! Home has an open concept floor plan with wood laminate flooring in the great room, dining room and kitchen area. Both bedrooms are carpeted and are warm and inviting. Both full bathrooms have tile floors and tile in the main shower.

  Lisa Ford EXIT Elevation Realty

  

  638 Cowboy Way, Canon City, CO 81212
• 

  

  /5

  $52,500

  • Land
  • 10 Acres
  • $5,250 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
• 

  

  /15

  $215,000

  • Land
  • 2.72 Acres
  • $79,044 per Acre

  1390 K St, Penrose, CO 81240

  The property at 1390 K Street in Penrose, Colorado, offers 2.72 acres of picturesque land. This expansive lot provides ample space for various outdoor activities and potential development. The property includes a substantial shop, ideal for storage, hobbies, or business operations. Located on the corner of highway 50 and 1 mile from from Highway 115, it offers convenient access to Colorado

  Sandy Smith Properties Of Colorado Inc

  1390 K St, Penrose, CO 81240
• 

  /2

  $69,000

  • Land
  • 0.3 Acre
  • $230,000 per Acre

  3562 Saddle Dr Unit 82, Cañon City, CO 81212

  Great views from this Building Lot in the award winning Four Mile Ranch Golf Course Community. Great oversized building site and one of the only lots left for walk out basement. Only blocks to the golf course and located on a quiet street.

  KAREN SWEENEY Four Mile Realty

  

  3562 Saddle Dr Unit 82, Cañon City, CO 81212
• 

  

  /46

  $350,000

  • 3 Beds
  • 1 Bath
  • 960 Sq Ft

  490 A St, Penrose, CO 81240

  LOTS OF SPACE SITTING ON 10 ACRES. A LARGE SHOP AND OUTBUILDINGS PERFECT FOR ALL YOUR HOBBIES.

  Jeff Divelbiss RE/MAX Of Pueblo Inc

  490 A St, Penrose, CO 81240
• 

  

  /47

  $449,900

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

  1044 P St, Penrose, CO 81240

  Nice Horse property set up with stalls , steel pipe arena , frost free water faucets and gates at both ends . Very roomy 3 bedroom 2 bathroom home with cathedral ceilings and Luxury Plank flooring, and new appliances in 2020. Central Air installed in 2023. Nice master suite with full bathroom, spacious living room, and nice kitchen with granite counters and lots of cabinets. Large fenced in dog

  Kurt Zerby KURT ZERBY REAL ESTATE GROUP

  1044 P St, Penrose, CO 81240
• 

  

  /4

  $198,900

  • Land
  • 4.78 Acres
  • $41,611 per Acre

  TBD County Road 123, Cañon City, CO

  This is a 4.78 acre commercially zoned property located between US Highway 50 & County Road 123 just east of Canon City. The property is visible form U.S. Highway 50 & is located a short distance from the Love's travel plaza & Four Mile Ranch residential development. The property is zoned C6B, call the listing agent for zoning packet. Owners Thomas J Brunk & Brenda M Brunk are license Real Estate

  Michael Butts Frontier West Realty

  TBD County Road 123, Cañon City, CO
• 

  

  /11

  $205,000

  • Land
  • 5 Acres
  • $41,000 per Acre

  958 L St, Penrose, CO 81240

  Fully fenced for any livestock 5 acres with 5 shares of beaver park water irrigation. Located in quiet well established Penrose neighborhood all nice houses. Water tap included and 3 hydrants on property already. Welded pipe roping arena at the back of the property with horse paddocks and small storage shed. Would make a great lot for a new home. Large trees surround the property, and all

  Brandon Angel Keller Williams Performance Realty

  958 L St, Penrose, CO 81240
• 

  

  /13

  $100,000

  • Land
  • 2.78 Acres
  • $35,971 per Acre

  83 Top Rail Trail, Penrose, CO 81240

  Premier 2.78 acre lot in Top Rail Ranch Estates! Beautiful mountain views along with gorgeous sunrises and sunsets. Centrally located between Canon City, Pueblo & Colorado Springs. Protective covenants which will help protect your homes value. No HOA! Wide open spaces with room for your horses and RVs. Under ground utilities! Drive-by and see where your next dream home will be located!!

  Suzi Adamson All Seasons LLC.

  83 Top Rail Trail, Penrose, CO 81240
• 

  

  /5

  $55,500

  • Land
  • 10 Acres
  • $5,550 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
• 

  

  /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
• 

  

  /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

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