Homes for Sale in 81240

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  /38

  $799,000

  • 4 Beds
  • 3.5 Baths
  • 4,405 Sq Ft

  1893 County Road 127, Penrose, CO 81240

  Nestled just outside the city, this wonderful 4,405 SF home offers the perfect blend of peaceful country living and easy access to city amenities and employment. Built in 1992, the home features 4 spacious bedrooms and 3.5 baths. The finished basement includes a second kitchen, creating a private apartment-style space ideal for guests or multigenerational living. The main kitchen is generous in

  

  Shelley Keller

  Homesmart Preferred Realty

  (719) 652-5690

  1893 County Road 127, Penrose, CO 81240
• 

  

  

  /68

  $755,000

  • 5 Beds
  • 3 Baths
  • 3,872 Sq Ft

  1933 Top Notch Trail, Penrose, CO 81240

  Amazing property in Top Rail Ranch Estates! 5 bedrooms, 3 bath stucco w/ stone accents. This rancher has a full walkout basement, attached, finished 3 car garage & huge 30x50 workshop! Shop has tandem door setup. Fabulous kitchen w/ granite countertops, built in spice and plate racks, some cabinets w/ pull outs, adjacent pantry, breakfast bar, beautiful cabinets, and crown molding! Dining room

  

  Suzi Adamson

  All Seasons LLC.

  (719) 745-5975

  1933 Top Notch Trail, Penrose, CO 81240
• 

  

  

  /47

  $600,000

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

  3528 Telegraph Trail, Cañon City, CO 81212

  Nestled on the 2nd tee of the prestigious Four Mile Ranch Golf Course in scenic Canon City, CO, this custom-built 4-bedroom, 2-bath home offers luxurious living with breathtaking, unobstructed views of the golf course and mountains, as the city skyline peeks through the ridges. Situated on the desirable east end of town, this home combines elegance, efficiency, and comfort in a serene golf course

  

  Shelley Keller

  Homesmart Preferred Realty

  (719) 624-0161

  3528 Telegraph Trail, Cañon City, CO 81212
• 

  

  

  /50

  $1,100,000

  • 4 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 coffee, and unwind as the

  

  Mike Kenney

  Better Homes & Gardens Re

  (719) 674-8963

  1183 2nd St, Penrose, CO 81240
• 

  

  

  /27

  $395,000

  • 3 Beds
  • 2 Baths
  • 1,670 Sq Ft

  772 7th St, Penrose, CO 81240

  Welcome Home!This stunning brand-new 3-bedroom, 2-bathroom home sits on 1.6 acres of beautiful land, offering peace, privacy, and breathtaking mountain views.Step onto the charming covered front porch and into a spacious family room filled with natural light from an abundance of windows—perfectly framing the scenic surroundings. The open-concept kitchen is a true showstopper,

  

  Tyson Cool

  Properties of Colorado Real Estate Inc

  (719) 695-7555

  

  772 7th St, Penrose, CO 81240
• 

  

  /50

  $775,000

  • 2 Beds
  • 2 Baths
  • 1,264 Sq Ft

  8200 County Road 132, Penrose, CO 81240

  One of a kind opportunity to own 73+ acres ie two 35+parcels, one has a COZY RANCHER with covered front deck to take in the amazing views of Table Mountain and the BEAVER CREEK WILDERNESS AREA, which has a BEAVER CREEK Trout Steam, all within walking distance. Home is a comfortable 2 bed 2 bath with a SOLAR SYSTEM hooked up to the grid for super low power bills and a NEWER FREE STANDING PELLET

  

  Linda Mattson

  Homesmart Preferred Realty

  (719) 353-6629

  8200 County Road 132, Penrose, CO 81240
• 

  

  /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
• 

  

  /37

  $365,000

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

  369 G St, Penrose, CO 81240

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

  

  Tami Jo Belsey

  RE/MAX Properties Inc

  (719) 631-1674

  369 G St, Penrose, CO 81240
• 

  

  /52

  $575,000

  • 4 Beds
  • 2.5 Baths
  • 2,187 Sq Ft

  1833 10th St, Penrose, CO 81240

  You will be amazed by the transformation this home has undergone! This a a flat sided log home, so very energy efficient and it was justed restained as well as the huge wrap around deck which has new rebar pickets. The kitchen has bright white cabinets, new flooring, light fixtures and a corrigated tin pantry. The living room and dining room are so bright with the prow front windows facing

  

  Linda Mattson

  Homesmart Preferred Realty

  (719) 824-3469

  1833 10th St, Penrose, CO 81240
• 

  /2

  $649,000

  • 2 Beds
  • 1 Bath
  • 1,020 Sq Ft

  914 C St, Penrose, CO 81240

  Discover a rare investment opportunity in Penrose, Colorado, featuring three distinct properties spanning 14.6 acres. These properties can be sold together as a package or separately, offering flexibility for residential, commercial, and agricultural ventures. The motivated seller ensures a compelling value proposition! 1. Commercial Property – Prime Highway 115 Frontage (2.57 Acres) Location:

  

  Tyson Cool

  Properties of Colorado Real Estate Inc

  (719) 431-9164

  

  914 C St, Penrose, CO 81240
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  /4

  $43,000

  • Land
  • 0.41 Acre
  • $104,878 per Acre

  3547 Saddle Dr, Cañon City, CO 81212

  

  Chris Montoya

  Keller Williams Performance Realty

  (719) 631-9026

  3547 Saddle Dr, Cañon City, CO 81212
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  /4

  $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
• 

  

  /23

  $199,000

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

  205 Illinois St, Penrose, CO 81240

  Discover this beautifully renovated home in the heart of Penrose, perfect for first-time homeowners or savvy investors. The property features a 6-foot privacy-fenced yard with alley access and a spacious deck ideal for relaxation and entertaining. Inside, you'll find fresh vinyl plank flooring and new paint throughout. The expansive kitchen, complete with a breakfast bar and ample space for a

  

  Tyson Cool

  Properties of Colorado Real Estate Inc

  (719) 689-8780

  

  205 Illinois St, Penrose, CO 81240
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  /4

  $100,000

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

  83 Top Rail Trail, Penrose, CO 81240

  Premier 2.78 acre flag 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.

  (719) 417-9943

  83 Top Rail Trail, Penrose, CO 81240
• 

  

  /41

  $599,000

  • 2 Beds
  • 1 Bath
  • 1,104 Sq Ft

  3325 County Road 132, Penrose, CO 81240

  Discover a rare opportunity to own 117 acres of pristine land, thoughtfully designed for ranch and equine enthusiasts. This property is more than just land and structures—it's the embodiment of an attainable ranch lifestyle, conveniently located near major amenities. As you approach, a serene seasonal stream and pond welcomes you before passing through the main gate. You are met with a

  

  Tyson Cool

  Properties of Colorado Real Estate Inc

  (719) 451-7984

  

  3325 County Road 132, Penrose, CO 81240
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  /30

  $225,000

  • Land
  • 28 Acres
  • $8,047 per Acre

  2 8th St, Penrose, CO 81240

  A DIAMOND in the ROUGH! 27.9 acres with a permitted HOT ARTESIAN WELL (92 degrees) which can be used for Irrigation and medicinal purposes. Was used in the past by many locals for it's healing capabilities. Also has BEAVER CREEK running through the land from north to south for livestock to drink from. Views of the surrounding mountains, could be a solar site or power is about 1/8 of a mile.

  

  Linda Mattson

  Homesmart Preferred Realty

  (719) 280-5767

  2 8th St, Penrose, CO 81240
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  /7

  $170,000

  • Land
  • 8 Acres
  • $20,885 per Acre

  15941 Vietnam Veterans Memorial Hwy, Penrose, CO 81240

  Discover the perfect blend of rural charm and agricultural opportunity with this 8.14-acre parcel located in the heart of Penrose, Colorado. Offering expansive views of the surrounding countryside and Pikes Peak in the distance, this level, usable land is ideal for building your dream home, starting a hobby farm, or investing in Colorado land this property has plenty of space for a custom home,

  

  Chris Montoya

  Keller Williams Performance Realty

  (719) 826-6823

  15941 Vietnam Veterans Memorial Hwy, Penrose, CO 81240
• 

  

  /7

  $649,000

  • Land
  • 9 Acres
  • $69,043 per Acre

  934 C St, Penrose, CO 81240

  Discover a rare investment opportunity in Penrose, Colorado, featuring three distinct properties spanning 14.6 acres. These properties can be sold together as a package or separately, offering flexibility for residential, commercial, and agricultural ventures. The motivated seller ensures a compelling value proposition! 1. Commercial Property – Prime Highway 115 Frontage (2.57 Acres) Location:

  

  Tyson Cool

  Properties of Colorado Real Estate Inc

  (719) 431-9164

  

  934 C St, Penrose, CO 81240
• 

  

  /16

  $330,000

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

  4200 County Road 123, Cañon City, CO 81212

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

  

  Chris Montoya

  Keller Williams Performance Realty

  (719) 938-1783

  4200 County Road 123, Cañon City, CO 81212
• 

  

  /49

  $799,000

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

  39 5th St, Penrose, CO 81240

  Set on 20 picturesque acres, this 3,175 SQFT ranch home blends luxury with country charm, complete with 16 shares of Beaver Park ditch. Designed for both entertaining and everyday comfort, the home offers 4 spacious bedrooms, 2 bathrooms, a designated office space and a gourmet kitchen featuring pine cabinetry, generous countertops, a central island with gas stove, and fireplace. Relax by the

  Katalena McNew Keller Williams Performance Realty

  39 5th St, Penrose, CO 81240
• 

  

  /50

  $678,500

  • 4 Beds
  • 2.5 Baths
  • 2,290 Sq Ft

  770 Cedar Hills Rd, Penrose, CO 81240

  Calling all hobby farmers, outdoor enthusiasts, homesteaders or anyone seeking privacy with all the modern comforts.Updated in 2025, this spacious 1.5 story home is a blend of modern upgrades and rural charm and sits on 20+ private acres backing to almost 900 acres of state land, and just minutes from Brush Hollow Reservoir and Penrose Commons ATV Park. The well-designed interior features a

  KRISTI MEYER Real Broker, LLC

  770 Cedar Hills Rd, Penrose, CO 81240
• 

  

  /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

  $489,633

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

  3524 Telegraph Trail, Cañon City, CO 81212

  Welcome to your dream home at 3524 Telegraph, nestled in the scenic Four Mile neighborhood and perfectly situated on the golf course! This newly remodeled 3-bedroom, 3-bathroom offers modern elegance and functionality, making it ideal for either living or turn-key investment. Step inside and enjoy the brand-new flooring throughout. The spacious living area is filled with natural light, which

  David Swearingen Keller Williams Performance Realty

  3524 Telegraph Trail, Cañon City, CO 81212
• 

  

  /50

  $850,000

  • 6 Beds
  • 3 Baths
  • 3,696 Sq Ft

  330 7th St, Penrose, CO 81240

  Stunning 3,800 Sq. Ft. Ranch on 5 Acres with Walkout Basement & Cleary Barn. Welcome to this exceptional high-end ranch-style home, offering 3,800 sq. ft. of thoughtfully designed living space on 5 highly usable acres—4 of which are irrigated with 5 shares of Beaver Creek Ditch included in the sale. This equestrian-friendly property is perfectly situated near renowned wineries, cideries, and

  Laura Krueck Properties Of Colorado Inc

  330 7th St, Penrose, CO 81240
• 

  

  /20

  $469,500

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

  3609 Telegraph Trail, Cañon City, CO 81212

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

  Tony Greer Keller Williams Performance Realty

  3609 Telegraph Trail, Cañon City, CO 81212
• 

  

  /49

  $550,000

  • 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
• 

  

  /50

  $969,900

  • 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 facade and flat rooflines echo Pueblo architecture, creating

  Rob Herrmann Whitetail Properties Real Estate Llc

  

  507 van Egmond Dr, Penrose, CO 81240
• 

  

  /19

  $750,000

  • Land
  • 267 Acres
  • $2,809 per Acre

  0 Upper Beaver Creek Rd, Canon City, CO 81240

  276 gentle acres bordering 30 square miles of Bureau of Land Management public lands. Over the counter elk tags for archery, second, and third seasons. This ranch is blessed with 100% useable terrain, a perfect mix of trees and meadows. Bring the horses and ride 20 miles north and fish Skagway Reservoir or the Beaver Creek Wilderness stream system or hunt big game. Year-round access off a Fremont

  Bob Regester Mossy Oak Properties, Colorado Mountain Realty

  0 Upper Beaver Creek Rd, Canon City, CO 81240
• 

  

  /36

  $565,000

  • 5 Beds
  • 2 Baths
  • 2,893 Sq Ft

  925 2nd St, Penrose, CO 81240

  Set on 15 acres, this move-in-ready property offers a rare blend of character, privacy, and pride of ownership. Most of the interior doors came from the historic Antlers Hotel in Colorado Springs, giving the home a timeless and distinctive feel. Since purchasing, the owners have completed extensive upgrades—too many to list—including a remodeled kitchen and new stucco exterior. The home also

  KAYLA BRADY Homesmart Preferred Realty

  925 2nd St, Penrose, CO 81240
• 

  

  /85

  $789,000

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

  1593 Top Notch Trail, Penrose, CO 81240

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

  Dave Mauro Sun Mesa

  1593 Top Notch Trail, Penrose, CO 81240
• 

  

  /50

  $678,000

  • 4 Beds
  • 2 Baths
  • 3,096 Sq Ft

  855 5th St, Penrose, CO 81240

  Must See Country Home with Shop! Relocating – motivated to sell! This spacious rural property offers the perfect blend of peaceful country living with convenient access to Hwy 50 and Hwy 115. The beautifully updated home features over 3,200 sq. ft. of living space, including a newly remodeled kitchen and bathrooms, fresh interior paint, and a new gutter system installed on both the

  Sam Banning Homesmart Preferred Realty

  855 5th St, Penrose, CO 81240
• 

  

  /48

  $800,000

  • 4 Beds
  • 4 Baths
  • 4,044 Sq Ft

  1628 R St, Penrose, CO 81240

  Take a look at this incredible 4BR/4BA gem on 3+acres in Top Rail Ranch Estates! You'll enter through a courtyard where you'll be greeted to a welcoming covered porch and entryway. The main level features arched doorways and Saltillo tile flooring throughout; a Living Room with vault & beam ceilings and a Kiva adobe style wood burning fireplace; the Kitchen with a dual fuel range, stainless steel

  Ashley Blasius Cornerstone Real Estate Team

  1628 R St, Penrose, CO 81240
• 

  

  /3

  $539,989

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

  3559 Saddle Dr, Cañon City, CO 81212

  To be built in the award winning Four Mile Ranch Golf Course Community. This home can be built to spec with your finish. Lot backs to open space and golf course for privacy. Arizona Model with open floor plan, vaulted ceilings, covered back patio, Owner Suite with attached bath, 2 additional bedrooms and full bath, and kitchen featuring large island and pantry. Very popular plan with 1700+ sf and

  KAREN SWEENEY Four Mile Realty LLC

  3559 Saddle Dr, Cañon City, CO 81212
• 

  

  /48

  $575,000

  • 4 Beds
  • 2 Baths
  • 3,200 Sq Ft

  1263 13th St, Penrose, CO 81240

  This one is a beauty. Both inside and out. As you pull up to the property you see the meticulous pride of ownership. A large circular concrete driveway provides a grand entrance and wraps around to the 2 car garage, a 1 car garage and workshop, and an additional workshop/craft room. Yes 3 well maintained and usable outbuildings. The property has lots of mature trees throughout the property and

  Shane Reeves Reeves Real Estate Llc

  1263 13th St, Penrose, CO 81240
• 

  

  /50

  $537,500

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

  855 Marilyn Dr, Penrose, CO 81240

  Looking for an amazing property? This completely remodeled custom home offers it all! 2952 square feet with 4 bed, 3 bath, 3 car, detached garage/shop sits on a fabulous 3.03-acre parcel. Main level open floor plan features beautiful tile flooring Well-designed kitchen has soft close quality cabinets w/ some pull-outs, breakfast bar appliances are included. Dinning room has a entrance to a

  Dirk Fowler Homesmart Preferred Realty

  855 Marilyn Dr, Penrose, CO 81240
• 

  

  /50

  $499,000

  • 3 Beds
  • 1 Bath
  • 1,824 Sq Ft

  800 L St, Penrose, CO 81240

  Motivated Seller! Here is your opportunity to own 10 irrigated acres with all the amenities. The home features 3 bedrooms and 1 bath, a large living room that's open to the dining room, a great space for entertaining guests. There is a bonus room off the living room that could be used as an office, reading nook, playroom or music room, endless possibilities. One bedroom is nonconforming but there

  Katharine Wiltfong Reeves Real Estate Llc

  800 L St, Penrose, CO 81240
• 

  

  /39

  $520,000

  • 6 Beds
  • 3 Baths
  • 3,360 Sq Ft

  542 2nd St, Penrose, CO 81240

  Welcome to your new sanctuary! Nestled on a 1-acre lot in Penrose, this wonderful 3360 sq ft home is a perfect blend of comfort and outdoor adventure. With 5 spacious bedrooms and 3 bathrooms, this residence is designed for both relaxation and entertaining. As you step inside, you’ll be greeted by a warm and inviting layout that effortlessly connects the living spaces. Natural light floods the

  Tanya Marushack Homesmart Preferred Realty

  542 2nd St, Penrose, CO 81240
• 

  

  /29

  $525,000

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

  601 County Road 108, Florence, CO 81226

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

  Charla Cook eXp Realty, LLC

  601 County Road 108, Florence, CO 81226
• 

  

  /28

  $498,000

  • 2 Beds
  • 1 Bath
  • 1,050 Sq Ft

  760 D St, Penrose, CO 81240

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

  Randy Brady BRADY REALTY

  760 D St, Penrose, CO 81240
• 

  

  /38

  $519,900

  • 5 Beds
  • 3 Baths
  • 3,360 Sq Ft

  542 2nd St, Penrose, CO 81240

  This property features a fenced lot with breathtaking views from the stone patio, where you can relax under the pergola. It also boasts a regulation turf volleyball court, a loafing shed with storage, and an additional 12x16 Tuff shed. This is a spacious rancher on a full finished basement. Inside, this magnificent 5-bedroom, 3-bathroom home offers a den, recreation room, game/movie room, two of

  Dale Gagas COLORADO LIFESTYLE PROPERTY & AUCTION

  542 2nd St, Penrose, CO 81240

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