Homes for Sale in 81240

• 

  

  

  /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
• 

  

  

  /48

  $685,000

  $15K PRICE DROP

  • 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
• 

  

  

  /49

  $645,000

  • 4 Beds
  • 3.5 Baths
  • 3,455 Sq Ft

  1000 S St, Penrose, CO 81240

  Set on 9 acres in Penrose, this spacious 2-story home offers a rare blend of square footage, usable land, and flexibility for a variety of lifestyles.Featuring 4 bedrooms and 4 bathrooms across 3,455 finished square feet, the layout provides separation and functionality with multiple living spaces. The upper-level primary suite is generously sized and includes an adjoining bath, walk-in

  

  Kristi Meyer

  Real Broker, LLC

  (719) 745-4416

  1000 S St, Penrose, CO 81240
• 

  

  

  /50

  $409,000

  $16K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,224 Sq Ft

  1144 4th St, Penrose, CO 81240

  Welcome to your new horse property with room for many animals! This well-maintained 3-bedroom, 2-bath manufactured home sits on 5 acres with 5 shares of Beaver Creek flood irrigation water, offering both functionality and stunning views. The home was remodeled in 2015 and features newer cabinets, granite countertops, and a durable metal roof. Energy efficiency is a major bonus with fully paid-off

  

  Joe Garcia

  Homesmart Preferred Realty

  (719) 427-4526

  1144 4th St, Penrose, CO 81240
• 

  

  /2

  $50,000

  • Land
  • 3,920 Sq Ft
  • $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
• 

  

  /50

  $569,900

  • 3 Beds
  • 2 Baths
  • 2,058 Sq Ft

  116 Top Notch Trail, Penrose, CO 81240

  Surrounded by mountain views and open skies, this well-maintained ranch-style home offers the convenience of true main-level living on a level, usable property designed for both comfort and flexibility. Daily living is effortless with the primary living areas, laundry, and mechanical systems all located on the main floor. The spacious living room features vaulted ceilings, a gas fireplace, and

  

  Scott Coddington

  Pulse Real Estate Group Llc

  (719) 881-8610

  116 Top Notch Trail, Penrose, CO 81240
• 

  

  /50

  $725,000

  • 4 Beds
  • 4 Baths
  • 4,697 Sq Ft

  310 L St, Penrose, CO 81240

  Located in prestigious Apple Valley Estates, the top subdivision in Penrose, this beautiful custom home is one of a kind. Originally built as a private resting place for the owner's clients, it sits on a meticulously manicured, corner rectangular lot featuring a productive apple orchard and irrigated grass hay fields, perfect for the hobby farmer. The grounds showcase mature fruit trees, tall

  

  Tyson Cool

  Properties Of Colorado CC

  (719) 497-2802

  310 L St, Penrose, CO 81240
• 

  

  /6

  $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 Real Estate Inc

  (719) 625-2722

  

  00 Shoop Dr, Florence, CO 81240
• 

  

  /5

  $80,000

  • Land
  • 8,712 Sq Ft
  • $400,000 per Acre

  3604 Telegraph Trail, Canon City, CO 81212

  Nestled along the fairway of Four Mile golf course, this beautiful 0.2-acre parcel offers the perfect canvas for your dream home. Enjoy sweeping golf course and mountain views and a serene setting that blends open green space with everyday convenience. The lot is build-ready, giving you the freedom to design a custom home that takes full advantage of the scenery and peaceful surroundings. This

  

  DELLA RIEGER

  Real Broker, LLC

  (719) 350-6778

  3604 Telegraph Trail, Canon City, CO 81212
• 

  

  /11

  $260,000

  • Land
  • 80 Acres
  • $3,250 per Acre

  2055 County Road 67, Cañon City, CO 81212

  Discover your private mountain oasis perched high atop the hills, just 10 minutes from all Canon City amenities. This rare 80-acre parcel offers dual access from Dakota Hideout and County Road 67, with pre-cut roads leading to multiple prime home sites. Bordered by thousands of acres of BLM land for ultimate privacy and recreation, the property features a large excavated building pad on the

  

  Tyson Cool

  Properties of Colorado Real Estate Inc

  (719) 689-8278

  

  2055 County Road 67, Cañon City, CO 81212
• 

  

  /38

  $274,900

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

  550 4th St, Penrose, CO 81240

  Welcome to this well-maintained manufactured home set on a spacious one-acre lot in Penrose, Colorado, offering endless possibilities for your rural lifestyle. With a convenient circular driveway and some cross-fencing already in place, this property provides an ideal setting for your aspirations—whether it’s raising animals, tending to horses, or having a spot for all of you extra things. The

  Nick Sartori Real Broker, LLC

  550 4th St, Penrose, CO 81240
• 

  

  /46

  $349,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,216 Sq Ft

  325 5th St, Penrose, CO 81240

  Wonderful 3 Bedroom, 2 Bath Manufactured Home on 4.88 Acres — Custom Woodwork, Solar, and More Discover comfort, character, and wide-open space with this beautifully maintained 3-bedroom, 2 bath manufactured home set on 4.88 private acres. From the moment you step onto the large, covered porch, you’ll feel the warmth and craftsmanship that make this property truly stand out. This property blends

  SHERRI HOOD Homesmart Preferred Realty

  325 5th St, Penrose, CO 81240
• 

  

  /50

  $499,900

  • 3 Beds
  • 2 Baths
  • 1,780 Sq Ft

  824 Pecos Point, Canon City, CO 81212

  **OPEN HOUSE SATURDAY 4/25/26 11AM-2PM** Discover the perfect blend of luxury and tranquility in this gorgeous custom-built ranch home, boasting nearly 1,800 square feet of thoughtfully designed living space. Located on the serene backside of the 4th green at 4Mile Golf Course, this three-bedroom, two-bath residence is sure to impress. Set on an elevated and spacious lot with ample off-street

  Nick Sartori Real Broker, LLC

  824 Pecos Point, Canon City, CO 81212
• 

  

  /50

  $394,900

  $30K PRICE DROP

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

  1376 B St, Penrose, CO 81240

  Discover your slice of paradise in this beautifully maintained 3 Bedroom, 2 Bath, move in ready manufactured home with over 2300 square feet of living space. Perfectly positioned on a serene mesa with 10 Acres of breathtaking landscapes, this property also includes an oversized detached three-car garage with an RV-sized bay and additional workspace providing ample room for vehicles and hobbies.

  Nick Sartori Real Broker, LLC

  1376 B St, Penrose, CO 81240
• 

  

  /50

  $475,000

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

  340 12th St, Penrose, CO 81240

  Experience the best of country living just minutes from town. Perfectly situated between Cañon City and Pueblo nearPenrose, this private 10-acre retreat offers versatility, wide-open space, and beautiful mountain views. The fully fencedacreage is ideal for horses or livestock and includes a loafing shed/barn for shelter. A seasonal stream with a natural poolmeanders through one corner

  GAYLORD KNEPP Sweet Homes Realty

  

  340 12th St, 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
• 

  

  /8

  $120,000

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

  0 J St, Penrose, CO 81240

  This 5 acre parcel is conveniently located in the heart of Penrose, comes with 5 shares of Beaver Park irrigation with gated irrigation pipes and would be a great lot for a new build with mountain views! No other utilities installed; public water, public gas, public electric, cable, phone, etc. available and are to be installed by buyer. Boundaries are marked and survey recently done and

  Michael D Galpin Galpin Real Estate

  

  0 J St, Penrose, CO 81240
• 

  

  /24

  $45,000

  • Land
  • 2.2 Acres
  • $20,455 per Acre

  TBD County Road 123, Penrose, CO 81240

  PICK YOUR LOT!! Eighteen 1.98 acre to 2.51 acre lots individually priced at $45,000 each. Located only 10 minutes from Canon City, offering quiet rural living with 360 degree views of the surrounding Colorado mountains. Exceptional sunrises & sunsets await! Great place for new home or shop location. No HOA or covenants to allow more uses of the land. Electricity is being install within 330 feet

  Lance Tomar Frontier West Realty

  TBD County Road 123, Penrose, CO 81240
• 

  

  /3

  $69,000

  • Land
  • 12,924 Sq Ft
  • $232,558 per Acre

  3562 Saddle Dr, 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 a walk out basement. Only blocks to the golf course and located on a quiet street.

  KAREN SWEENEY Four Mile Realty Llc

  3562 Saddle Dr, Cañon City, CO 81212
• 

  

  /15

  $179,900

  • Land
  • 39.01 Acres
  • $4,612 per Acre

  TBD Lot 3 Iron Handle Rd, Penrose, CO 81240

  -Kettle Canyon – New 36-40+ Acre Development Be among the first to claim your piece of this stunning new rural development featuring only five 36+acre parcels and one exclusive 80-acre parcel, all with BLM access. Lot 3 offers direct access from County Road 132 or Iron Handle Road and includes power already on the property. Enjoy breathtaking panoramic views of the majestic 14,000-foot Sangre de

  Linda Mattson Homesmart Preferred Realty

  TBD Lot 3 Iron Handle Rd, Penrose, CO 81240
• 

  /2

  $75,000

  • Land
  • 8,712 Sq Ft
  • $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
• 

  /2

  $250,000

  $50K PRICE DROP

  • 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
• 

  

  /15

  $175,000

  • Land
  • 40 Acres
  • $4,375 per Acre

  0 Unknown Unit 3237167, Penrose, CO 81240

  Step into Colorado’s past with this distinctive land parcel in the historic town of Wilbur. A BLM berm-built stock pond brings both function and character, while the terrain unfolds in a natural blend of open grassland and scattered pines. Some areas invite you to wander, others feel tucked away and quiet, creating a setting that works just as well for an off-grid homesite as it does for a

  Travis Fraker Redfin Corporation

  0 Unknown Unit 3237167, Penrose, CO 81240
• 

  

  /8

  $99,999

  $25K PRICE DROP

  • 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
• 

  

  /41

  $389,958

  • 4 Beds
  • 2.5 Baths
  • 1,848 Sq Ft

  617 Cowboy Way, Canon City, CO 81212

  Four bedroom, three bath home located in the Four Mile Ranch Golf Community at the award winning Four Mile Ranch Golf Course! This ready to move in home boasts 1,848 square feet of living space. The living room offers vaulted ceilings, a gas fireplace and large windows to allow natural light to brighten the room. The kitchen features hardwood floors, a multitude of beautiful cabinets, and an

  Myra Smallwood RE/MAX ROYAL GORGE

  617 Cowboy Way, Canon City, CO 81212
• 

  

  /48

  $424,900

  $25K PRICE DROP

  • 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
• 

  

  /14

  $179,900

  • Land
  • 40.01 Acres
  • $4,496 per Acre

  TBD Lot 2 County Road 132, Penrose, CO 81240

  Public Remarks: Kettle Canyon – New 36+ Acre Development Be among the first to claim your piece of this stunning new rural development featuring only five 36- 40-acre parcels and one exclusive 80-acre parcel. Lot 2 offers direct access from County Road 132 and includes power already on the property. Enjoy breathtaking panoramic views of the majestic 14,000-foot Sangre de Cristo Mountains and

  Linda Mattson Homesmart Preferred Realty

  TBD Lot 2 County Road 132, Penrose, CO 81240
• 

  

  /41

  $495,000

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,524 Sq Ft

  575 11th St, Penrose, CO 81240

  Horse property with nearly four acres, mountain views, and room for RVs, animals, and hobbies—this Penrose property offers the space and freedom many buyers are searching for. Located just 35 minutes from Colorado Springs and about 25 minutes to Pueblo or Cañon City, you can enjoy peaceful rural living while staying close to city conveniences. The attractive stucco home welcomes you with a

  Wendy Weber 6035 Real Estate Group, LLC

  

  575 11th St, Penrose, CO 81240
• 

  

  /15

  $199,000

  $26K PRICE DROP

  • Land
  • 2.72 Acres
  • $73,162 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
  • 13,068 Sq Ft
  • $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
• 

  

  /4

  $539,989

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

  3559 Saddle Dr, Cañon City, CO 81212

  UNDER CONSTRUCTION SPEC HOME by CB Builders in the award winning Four Mile Ranch Golf Course Community. Open Floor Plan with tons of amenities. Vaulted Ceilings. in the Large Great Room with spectacular Views through the Oversized View Window. Owner Suite also has Views and attached Bath that features a large Walk-In Closet and Double Vanity. Good sized additional Bedrooms and full Bath. Kitchen

  KAREN SWEENEY Four Mile Realty Llc

  3559 Saddle Dr, Cañon City, CO 81212
• 

  

  /5

  $245,000

  • Land
  • 27.93 Acres
  • $8,772 per Acre

  2 8th St, Penrose, CO 81240

  Welcome to LightSpring Property with 28 acres of fenced land. Features a non-sulfur 92 degree Hot Mineral Artesian Well flowing continuously from 980 feet below. The well boasts 75 gallons per minute adjudicated water right that is purposed for medicinal and irrigation. An annual 121 AF per year! Multiple possibilities including an excellent location for Solar and Wind farm/agrivoltiac/indoor

  Randy Brady BRADY REALTY

  2 8th St, Penrose, CO 81240
• 

  

  /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
• 

  

  /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 from 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
• 

  

  /20

  $75,000

  • Land
  • 5 Acres
  • $15,000 per Acre

  TBD Colorado 67, Penrose, CO 81240

  PICK YOUR LOT!! Sixteen 5.01 acre to 5.06 acre lots individually priced at $75,000 each. Located 10 minutes from Canon City offering quiet rural living with 360 degree views of the surrounding Colorado mountains. Exceptional sunrises and sunsets await! Great place for new home or shop location. No HOA or covenants to allow more uses of the land. Electricity is being installed within 330 feet of

  Lance Tomar Frontier West Realty

  TBD Colorado 67, 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

  $3K PRICE DROP

  • 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
• 

  

  /14

  $179,000

  • Land
  • 36.18 Acres
  • $4,947 per Acre

  TBD Lot 5 Iron Handle Rd, Penrose, CO 81240

  Public Remarks: Kettle Canyon – New 36+ Acre Development Be among the first to claim your piece of this stunning new rural development featuring only five 36-acre parcels and one exclusive 80-acre parcel. Lot 5 offers access from County Road 132 onto Iron Handle Road and will have power installed this summer. It has pinons, junipers and rolling grass with unique red rock formations to explore.

  Linda Mattson Homesmart Preferred Realty

  TBD Lot 5 Iron Handle Rd, Penrose, CO 81240
• 

  

  /33

  $719,000

  • 3 Beds
  • 3 Baths
  • 2,175 Sq Ft

  445 G St, Penrose, CO 81240

  Welcome to one of the best-designed five-acre horse properties in Penrose! Pull in through the remote-controlled gate and drive slowly to take it all in! Nestled attractively on the east end of the property is this charming rancher, detached 38x17 garage, 60x40 heated shop with built-in air compressor, 220 electric, (2) 20 x 60 storage on each side of the shop with loft, (2) 12 x12 horse stalls

  Kimberly Powers Summit & Main Realty Group

  445 G St, Penrose, CO 81240

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