Penrose, CO Homes for Sale with Acreage

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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
• Explore Penrose

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  /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
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  /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

  

  Joe Garcia

  Homesmart Preferred Realty

  (719) 427-4526

  1144 4th St, Penrose, CO 81240
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  /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
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  /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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  /36

  $485,000

  • 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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  /50

  $424,812

  • 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
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  /50

  $894,500

  • 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
• 

  

  /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
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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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  /3

  $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
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  /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
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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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  /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
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  /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
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  /7

  $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
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  /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
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  /50

  $619,900

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

  909 K St, Penrose, CO 81240

  Irrigated Horse Property with Lester Barn, Producing Hay Field, Paid-Off Solar & Private 1-Bedroom ADU Exceptional 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 4+ stall Lester barn is equipped with

  Peggy Ritter RE/MAX ROYAL GORGE

  909 K St, Penrose, CO 81240
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  /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
• 

  

  /3

  $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
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  /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
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  /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
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  /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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  /47

  $750,000

  • 4 Beds
  • 3 Baths
  • 2,856 Sq Ft

  459 Bowie Rd, Penrose, CO 81240

  Set on nearly 40 private-acres w/ breathtaking 360 open space views & mountain range vistas, this 4-bedroom, 3-bathhome offers peaceful country living, modern upgrades & equestrian-friendly land, just 38 minutes from ColoradoSprings. The main level features cherry hardwood flooring, vaulted ceilings & cozy gas fireplace. The dining area walksout to Trex deck w/hot tub, perfect for relaxing

  Tina Swonger REMAX PROPERTIES

  459 Bowie Rd, 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
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  /12

  $55,000

  • Land
  • 10 Acres
  • $5,500 per Acre

  TBD 14th St, Penrose, CO 81240

  Fabulous 10-acre property priced to sell!! Remote parcel yet minutes from the highway! Would be decent travel times to the Colorado Springs, Pueblo and Canon. Creek access and lots of trees and vegetation toward the East side. Great Mountain views!

  Suzi Adamson All Seasons LLC.

  TBD 14th St, Penrose, CO 81240
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  /40

  $235,000

  • 2 Beds
  • 1 Bath
  • 1,116 Sq Ft

  1574 4th St, Penrose, CO 81240

  Tucked back and perched on the canyon, your new home awaits you. This 2 bedroom 1 bath 1116 square foot off grid home sits on 10 acres. The home has had many recent updates such as solid oak flooring through the main portion of the home, all new kitchen cabinets, quartz counters, newer appliances, new solar batteries, mini splits, and water filtration system. There is also a backup generator for

  Stephanie Mirowski HomeSmart Preferred Realty

  

  1574 4th 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
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  /27

  $310,000

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

  1780 14th St, Penrose, CO 81240

  Peaceful Colorado Retreat with Mountain Views 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 hobbies as you wish. The home features a

  Blake Wertz Your Castle Realty LLC

  

  1780 14th St, Penrose, CO 81240
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  /2

  $225,000

  • Land
  • 20 Acres
  • $11,250 per Acre

  TBD 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

  TBD 11th 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
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  /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
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  /31

  $675,000

  • 3 Beds
  • 2.5 Baths
  • 2,436 Sq Ft

  1785 County Road 120, Penrose, CO 81240

  Welcome to your dream ranch retreat! 3-bedroom, 3-bathroom rancher with loft plus full basement! This beautiful home is nestled on an expansive 31+ acres offering comfort, privacy and wide-open space! The creek runs through the property. Stunning exterior with stucco, stone accents and tile roof. This home boasts modern amenities with rustic charm, spacious living areas and lots of potential! The

  Suzi Adamson All Seasons Llc

  1785 County Road 120, Penrose, CO 81240
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  /3

  $54,500

  • Land
  • 10 Acres
  • $5,450 per Acre

  380 13th St, Penrose, CO 81240

  Excellent 10-acre parcel in a unbelievably private location in Penrose Colorado, with big sky and mountain views! 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 of 40 acres with all four 10-acre parcels combined. Includes some electric fencing, and is fenced and cross-fenced making it ideal for

  Jenny Gatzke HomeSmart Preferred Realty

  

  380 13th St, Penrose, CO 81240
• 

  

  /30

  $177,900

  • Land
  • 35 Acres
  • $5,083 per Acre

  TBD County Road 67, Penrose, CO 81240

  eFind your private escape at SPUR CROSS RANCH, a new 35-acre mountain subdivision with six exclusive parcels. Imagine waking up to sweeping views of the Arkansas River Valley and the Wet Mountain Range from your custom-built dream home. Each property offers abundant space and distinct natural features, ensuring privacy and tranquility. Located just a short drive from U.S. Highway 50 on County

  Michael Butts Frontier West Realty

  TBD County Road 67, Penrose, CO 81240
• 

  

  /48

  $424,900

  • 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, LLC

  1044 P St, Penrose, CO 81240
• 

  

  /11

  $55,000

  • Land
  • 10 Acres
  • $5,500 per Acre

  0 14th St, Penrose, CO 81240

  Fabulous 10-acre property !! Remote parcel yet minutes from the highway! Would be decent travel times to the Colorado Springs, Pueblo and Canon. Creek access and lots of trees and vegetation toward the East side. Great Mountain views!

  Suzi Adamson All Seasons LLC

  0 14th St, Penrose, CO 81240
• 

  

  /5

  $199,999

  • Land
  • 4.5 Acres
  • $44,444 per Acre

  730 6th St, Penrose, CO 81240

  Level lot in Penrose with beautiful mountain views! Perfect for building your dream home! Lot located on a corner lot off of paved roads. Within walking distance of the post office, Coyote's Den Cafe, Gooseberry Patch restaurant, and all that downtown Penrose has to offer. Short commute to Canon City, Colorado Springs, Ft. Carson and Pueblo. Land includes a paid in full water contract. Water

  Nicole Lawson Exp Realty LLC

  730 6th 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

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