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Homes for Sale in 81240

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  • /50

    $499,900 Open Sat 11AM - 2PM

    • 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
  • /57

    $660,000

    • 4 Beds
    • 2 Baths
    • 4,999 Sq Ft

    855 5th St, Penrose, CO 81240

    Welcome to your Colorado dream home, a stunning 4-bedroom, 2-bath residence in Penrose that perfectly blends luxury living with unparalleled business potential. This property is a rare find for entrepreneurs and business owners, featuring a massive 2,057 sq. ft. climate-controlled workshop with dual mini-split units, a commercial roll-up door, and multiple 20-amp outlets. It is perfect for a home

    Amber Treadwell REAL Broker, LLC

    855 5th 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
  • /44

    $900,000

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

    59 Hardrock Ct, Canon City, CO 81212

    Experience true Colorado living in this stunning ranch-style retreat, where unmatched privacy meets breathtaking 360 mountain views. Nestled in a peaceful valley and framed by mature juniper trees, this property offers a rare sense of seclusion while still being conveniently located just outside city limits. Designed to capture the beauty of its surroundings, the home features a west-facing

    Darren Dukart Keller Williams Clients Choice Realty

    59 Hardrock Ct, Canon City, CO 81212
  • /26

    $54,900

    • Land
    • 10 Acres
    • $5,490 per Acre

    340 13th St, Penrose, CO 81240

    10-acre parcel in Penrose, Colorado with open prairie-style terrain, big sky, and mountain views. No HOA or restrictive covenants The property comes fully fenced with a gate on the north and south sides, making it ready for livestock, horses, or anyone who wants a secured piece of rural land from day one. Electricity is already at the lot line, which is a genuine advantage over comparable parcels

    Andrew Vascassenno eXp Realty, LLC

    340 13th St, Penrose, CO 81240
  • /15

    $175,000

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

    0 Unknown Unit 5317429, 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 5317429, 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
  • /48

    $700,000

    • 4 Beds
    • 2 Baths
    • 2,277 Sq Ft

    1534 7th St, Penrose, CO 81240

    This one is not a “scroll past” listing - it’s a right buyer, right story/dream come true property. It’s a thoughtfully designed, custom-built Northern New Mexico–inspired ranch set on 10 acres, created with a true focus on longevity, efficiency, and craftsmanship built with ICF construction. The solid hickory front door, substantial in both presence and build, sets the tone for what’s carried

    JP Speers Berkshire Hathaway HomeServices Rocky M

    1534 7th St, Penrose, CO 81240
  • /46

    $359,900

    • 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
  • /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

    Agent Photo

    Kristi Meyer

    Real Broker, LLC

    (719) 745-4416

    1000 S St, 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
  • /2

    $100,000

    • Land
    • 1.37 Acres
    • $72,993 per Acre

    100 Broadway, Penrose, CO 81240

    Prime Highway 115 frontage in the growing community of Penrose presents a rare opportunity to secure a highly visible commercial site with exceptional accessibility and long-term upside. This approximately 1.5-acre parcel is zoned Business and offers egress from at least two sides, making it ideal for a wide range of commercial uses that benefit from strong traffic flow and easy customer access.

    Tony Greer Keller Williams Performance Realty

    100 Broadway, Penrose, CO 81240
  • /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
  • /24

    $160,000

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

    205 Illinois St, Penrose, CO 81240

    Move-In Ready and VA friendly. Stop paying rent and invest in your future with this updated home on its own land. This 3-bedroom, 2-bath has been refreshed from top to bottom, featuring a new roof, fresh interior and exterior paint, and stylish luxury vinyl flooring. Both bathrooms have been completely modernized. Enjoy the perfect balance of quiet, small-town charm and peaceful country living

    Tina Smith TINA SMITH REAL ESTATE

    205 Illinois St, Penrose, CO 81240
  • /11

    $125,000

    • Land
    • 4.7 Acres
    • $26,596 per Acre

    1442 K St, Penrose, CO 81240

    This parcel is offered exclusively as a package with the adjacent 4.7-acre residential property MLS#4720347 , creating a rare opportunity to own a total of 9.4 irrigated acres in Fremont County. Discover the perfect opportunity to expand your rural lifestyle with this 4.7-acre irrigated parcel just outside Penrose, Colorado. Whether you're seeking more space for livestock, a productive hay field,

    Tony Greer Keller Williams Performance Realty

    1442 K St, Penrose, CO 81240
  • /41

    $359,000

    • 3 Beds
    • 2 Baths
    • 1,504 Sq Ft

    117 Hawkins St, Penrose, CO 81240

    Welcome to this custom ranch style home on a large corner lot. The covered front deck, with Trex deck, is the focal point of the curb appeal. As you enter the home you are greeted by the Brazilian hardwood floors in the living room and front bedroom. The bay window allows for natural light. The kitchen has Birch cabinets and a nice sized pantry with the dining room attached looking out on the

    Katharine Wiltfong Reeves Real Estate Llc

    117 Hawkins St, Penrose, CO 81240
  • /39

    $630,000

    • 4 Beds
    • 2 Baths
    • 1,953 Sq Ft

    875 7th St, Penrose, CO 81240

    Quality custom home on over 4.4 acres offering peaceful rural living and exceptional privacy, perfectly positioned back from the road. This inviting 4-bedroom, 2-bath home features over 1,950 square feet of thoughtfully designed living space with quality upgrades throughout. A bright, formal entry welcomes you into the expanded living room, highlighted by a beautiful gas-log fireplace, vaulted

    Lance Tomar Frontier West Realty

    875 7th 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
  • /47

    $1,200,000

    • 6 Beds
    • 3.5 Baths
    • 4,332 Sq Ft

    703 Chris Ct, Canon City, CO 81212

    Perched on 35.67 acres bordering BLM land with views that seem to stretch forever, this exceptional 4,332-square-foot home offers space, comfort, and the kind of setting that reminds you why Colorado living is so special. From the moment you arrive, the wide-open landscape and sweeping mountain vistas create a sense of peace and privacy that is hard to find. The main level welcomes you with an

    Tanya Marushack Homesmart Preferred Realty

    703 Chris Ct, Canon City, CO 81212
  • /50

    $424,900

    • 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

    Agent Photo

    Joe Garcia

    Homesmart Preferred Realty

    (719) 427-4526

    1144 4th St, Penrose, CO 81240
  • /19

    $635,000

    • 3 Beds
    • 2 Baths
    • 2,950 Sq Ft

    1400 K St, Penrose, CO 81240

    Updated Brick Ranch on 4.7 Irrigated Acres with Horse Barn with adjacent 4.7 acre irrigated parcel for sale separately for $125,000, creating a rare opportunity to own a total of 9.4 irrigated acres in Fremont County. This well-maintained brick ranch in Penrose, Colorado, offers move-in-ready comfort on 9.4 irrigated acres, fenced, and cross-fenced acres, complete with a 30x30 horse barn, small

    Tony Greer Keller Williams Performance Realty

    1400 K St, Penrose, CO 81240
  • /27

    $349,300

    • 3 Beds
    • 2 Baths
    • 1,350 Sq Ft

    103 Illinois St, Penrose, CO 81240

    Welcome home to this brand new charming 3 bedroom 2 bath home located in the peaceful community of Penrose. This inviting property offers comfortable living with a spacious layout designed for both relaxation and entertainment. The living areas offer warm and welcoming atmosphere, while the functional floor plan makes everyday living easy and convenient. There is Luxury vinyl through out with

    Sandy Smith Properties Of Colorado Inc

    103 Illinois St, Penrose, CO 81240
  • /25

    $595,000

    • 3 Beds
    • 2 Baths
    • 1,440 Sq Ft

    895 B St, Penrose, CO 81240

    Wonderful 10 acre horse facility for sale in Penrose C0. Great location 30 minutes to both Colo Springs and Pueblo. This property has gorgeous mountain views a mild climate, and is close to many riding trails including Brush Hollow Reservoir. The 36 x 84 barn is a one of a kind structure custom built by the previous owner. Inside there are 5 stalls with attached runs, wash bay, heated tack room,

    Camilo Perez Home Sold Realty, LLC

    895 B St, Penrose, CO 81240
  • /50

    $540,000

    • 4 Beds
    • 3 Baths
    • 2,952 Sq Ft

    855 Marilyn Dr, Penrose, CO 81240

    If you’re searching for horse property in Penrose, Colorado with acreage, barn, and usable land, this property at checks all the boxes. Situated on 3 acres of fully usable land, this Colorado horse property is already set up for animals with fenced pasture, a barn, horse sheds, and room for additional corrals or riding areas.The home offers 2,952 total finished square feet, including 1,476

    John Liese Pikes Peak Dream Homes Realty

    855 Marilyn Dr, Penrose, CO 81240
  • /30

    $350,000

    • 3 Beds
    • 2 Baths
    • 1,740 Sq Ft

    106 Grant St, Penrose, CO 81240

    If you've been searching for a home that feels welcoming the moment you walk in, this beautifully updated corner lot property is one you'll want to see. With a bright and open layout, the home offers comfortable living spaces designed for both everyday life and entertaining. The main living area is filled with natural light and features a wood burning fireplace that creates a warm and inviting

    The Blickenstaff Group Keller Williams Performance Realty

    106 Grant St, Penrose, CO 81240
  • /37

    $379,000

    • 2 Beds
    • 2 Baths
    • 2,040 Sq Ft

    1290 B St, Penrose, CO 81240

    Nestled on 10 tranquil acres, this exceptional property offers a seamless blend of natural beauty and modern comfort. Boasting breathtaking 360-degree mountain views and expansive hardwood floors throughout, this 2-bedroom, 2-bathroom home provides the perfect canvas for your dream lifestyle, with the option to easily create a third bedroom. Step inside to discover bright, sun-filled spaces with

    Sofia Taylor Agents Realty of Colorado

    1290 B 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.

    Agent Photo

    Tyson Cool

    Properties of Colorado Real Estate Inc

    (719) 625-2722

    00 Shoop Dr, Florence, CO 81240
  • /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

    Agent Photo

    Tyson Cool

    Properties of Colorado Real Estate Inc

    (719) 689-8278

    2055 County Road 67, Cañon City, CO 81212
  • /34

    $930,000

    • 3 Beds
    • 2 Baths
    • 2,522 Sq Ft

    1008 Canon Ridge Trail Unit A, Canon City, CO 81212

    Welcome to this custom home (with guest house) that sits on 42 acres backing to BLM land with gorgeous mountain views. As you approach this lovely home you will notice the hand carved cherry front doors and wrap around covered porch. Perfect for morning coffee or an evening cocktail. As you enter the home you will see the Douglas fir ceiling with wood logs and striking kiva fireplace. A light and

    Debbie Joseph Coldwell Banker Realty 44

    1008 Canon Ridge Trail Unit A, Canon City, CO 81212
  • /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
  • /49

    $649,000

    • 4 Beds
    • 3.5 Baths
    • 3,820 Sq Ft

    193 Top Notch Trail, Penrose, CO 81240

    Package Deal – Lots 6 & 8 | 6.21 Acres | Top Rail Ranch An exceptional opportunity to own a truly custom-built home offered as a package with both Lots 6 & 8, totaling 6.21 acres in the desirable Top Rail Ranch. Designed for comfort, functionality, and wide-open living, this impressive property blends luxury finishes with space for horses, hobbies, and breathtaking Colorado views. The expansive

    Jennifer Vernetti EXIT Elevation Realty

    193 Top Notch Trail, Penrose, CO 81240
  • /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. Electricity is being installed within 330 feet of each lot (some closer)

    Lance Tomar Frontier West Realty

    TBD Colorado 67, 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. Electricity is being install within 330 feet of all lots (some closer).

    Lance Tomar Frontier West Realty

    TBD County Road 123, Penrose, CO 81240
  • /50

    $599,900

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

    909 K St, Penrose, CO 81240

    Fort Carson Friendly- Space to Relax Irrigated Horse Property with Lester Barn, Producing Hay Field, Paid-Off Solar & Private 1-Bedroom ADUExceptional opportunity to own a truly functional 5-acre ranchette in Penrose. This well-maintained property includes water shares, fenced irrigated pasture, and a producing hay field — ideal for horse owners or small-scale agricultural use. The impressive

    Peggy Ritter RE/MAX ROYAL GORGE

    909 K St, Penrose, CO 81240
  • /34

    $424,900

    • 3 Beds
    • 2 Baths
    • 1,600 Sq Ft

    215 Sherrill Dr, Penrose, CO 81240

    Welcome to this beautiful 3-bedroom, 2-bathroom home nestled in a low-traffic, well-kept neighborhood. Situated on nearly half an acre, this property offers the perfect blend of space, comfort, and modern style. Step inside to an inviting open floor plan featuring gorgeous hardwood floors and abundant natural light. The spacious kitchen is the heart of the home, complete with ample cabinetry,

    Ryan Hand Homesmart Preferred Realty

    215 Sherrill Dr, Penrose, CO 81240
  • /50

    $468,035

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

    3524 Telegraph Trail, Cañon City, CO 81212

    Welcome to your dream home at 3524 Telegraph Trail, perfectly positioned on the golf course in the Four Mile neighborhood. This beautifully remodeled 3-bedroom, 3-bathroom residence blends modern elegance with exceptional functionality—including a zero-step entry for easy, accessible living. Move-in ready or an ideal investment, the property is backed by a proven short-term rental

    Agent Photo

    David Swearingen

    Keller Williams Performance Realty

    (719) 215-9591

    3524 Telegraph Trail, Cañon City, CO 81212
  • /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

    Agent Photo

    DELLA RIEGER

    Real Broker, LLC

    (719) 350-6778

    3604 Telegraph Trail, Canon City, CO 81212
  • /27

    $310,000

    • 4 Beds
    • 2 Baths
    • 1,440 Sq Ft

    1780 14th St, Penrose, CO 81240

    Peaceful Colorado Retreat with Mountain Views w/2026 February appraisal for $310,500.00. Escape the noise and enjoy small-town living in this well-maintained 4-bedroom, 2-bath single-story home in Penrose. Set on a spacious lot with open mountain views, this property offers privacy, functionality, and room to breathe. Nearly 4 acres and detached garage and flex-use carports, you can expand your

    Blake Wertz Your Castle Realty LLC

    1780 14th St, Penrose, CO 81240
  • /4

    $107,000

    • Land
    • 3.19 Acres
    • $33,542 per Acre

    35 Top Rail Trail, Penrose, CO 81240

    Build-ready 3.19-acre parcel in Penrose, Colorado with expansive mountain views and unforgettable sunsets. The site is ready for construction and features protective covenants with no HOA, offering both flexibility and value protection. Water tap is paid, and electric is available at the property line, reducing upfront development costs. Plenty of room for horses, a custom home, shop, or

    Kerri Kilgore Realty One Group Apex

    35 Top Rail Trail, Penrose, CO 81240
  • /5

    $53,350

    • Land
    • 8,738 Sq Ft
    • $265,952 per Acre

    3543 Saddle Dr, Cañon City, CO 81212

    Large Lot ready for your dream home in the Four Mile Ranch Golf Course Community. Only a short distance to the Golf Course, this level lot is just waiting for your house plans. Curb, Gutter and Lighting are in. Utilities are to lot. City Water and Sewer. Mountain Views. Only a few lots left in this Golf Course Community.

    KAREN SWEENEY Four Mile Realty Llc

    3543 Saddle Dr, Cañon City, CO 81212

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