Penrose, CO Homes for Sale with Acreage

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  /47

  $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

• 

  

  

  /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
• 

  

  

  /50

  $975,000

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

  1183 2nd St, Penrose, CO 81240

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

  

  Mike Kenney

  Better Homes and Gardens Real Estate Kenney & Company

  (719) 342-4240

  1183 2nd St, Penrose, CO 81240
• 

  

  

  /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
• 

  

  

  /10

  $168,000

  • Land
  • 40.27 Acres
  • $4,172 per Acre

  475 P St, Penrose, CO 81240

  Scenic Land with Solar Power, Outbuildings & Valley!This 40 acre AG Forest-zoned property offers a rare combination of space, privacy, and potential. Approximately 7 flat acres sit atop a bluff, featuring a 12x65 mobile home shell—a structure ready for renovation or replacement to suit your needs.The property is equipped with solar power, housed in one of two storage outbuildings, along

  

  Paul Temaat

  Paul Temaat

  (719) 674-0232

  

  475 P St, Penrose, CO 81240
• 

  

  /5

  $375,000

  • Land
  • 103.67 Acres
  • $3,617 per Acre

  0 Highway 50, Penrose, CO 81240

  Prime US HWY 50 frontage acreage. Former (Reclaimed) gravel pit site. Fully restored to natural beauty. The access from HWY 50 has been updated with CDOT compliant Exit and Crossing lanes! Far away yet close enough to just about everything! Penrose & the Fremont County Airport are less than 5 minutes away, Florence & Canon City are within 10 minutes and Pueblo West/Pueblo are 30 minutes close.

  

  Sylvia Jennings

  BHHS Rocky Mountain, REALTORS

  (729) 751-5612

  0 Highway 50, Penrose, CO 81240
• 

  

  /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
• 

  

  /34

  $495,000

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

  747 D St, Penrose, CO 81240

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

  

  Svenja Hopkins

  Fathom Realty Colorado LLC

  (719) 745-7942

  747 D St, Penrose, CO 81240
• 

  

  /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
• 

  

  /47

  $1,250,000

  • 8,660 Sq Ft

  708 Fremont St, Penrose, CO 81240

  Rare opportunity to own a historic South Colorado building with a lot of history. It has become a landmark with the Billboard and one of the World's largest Rocking Chairs. One of a kind building with high ceilings, wood beams, and brick. Muriel's inside and out. Many upgrades, including electric, plumbing and roof. It would be a great event center or restaurant with opportunities to make it your

  Sam Banning Homesmart Preferred Realty

  708 Fremont St, Penrose, CO 81240
• 

  

  /50

  $949,900

  • 5 Beds
  • 4 Baths
  • 4,184 Sq Ft

  507 van Egmond Dr, Penrose, CO 81240

  Welcome to this striking adobe-style home tucked behind a gated entrance on 35+ secluded acres in Penrose, Colorado. Surrounded by rolling hills and natural terrain, this Southwestern-inspired residence offers panoramic views, modern comforts, and privacy—perfect as a primary home or Colorado retreat. The home’s bold stucco façade and flat rooflines echo Pueblo architecture, creating timeless

  Rob Herrmann Whitetail Properties Real Estate Llc

  

  507 van Egmond Dr, Penrose, CO 81240
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  /45

  $149,999

  • Land
  • 40 Acres
  • $3,750 per Acre

  725 van Egmond Dr, Penrose, CO 81240

  This 40-acre property in Fremont County offers a private setting with diverse terrain, open views, and year-round access. Located about 12 minutes from Cañon City, it provides a balance of seclusion and proximity to town services. The land features rolling hills, natural cover, and clear vantage points across the surrounding mountain ranges. As a true end-of-the-road opportunity, the private

  Rob Herrmann Whitetail Properties Real Estate Llc

  

  725 van Egmond Dr, Penrose, CO 81240
• 

  

  /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

  $120,000

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

  0 J St, Penrose, CO 81240

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

  Suzi Adamson All Seasons LLC

  0 J St, Penrose, CO 81240
• 

  /2

  $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
• 

  

  /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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  /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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  /47

  $449,900

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

  1044 P St, Penrose, CO 81240

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

  Kurt Zerby KURT ZERBY REAL ESTATE GROUP

  1044 P St, Penrose, CO 81240
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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
• 

  

  /13

  $100,000

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

  83 Top Rail Trail, Penrose, CO 81240

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

  Suzi Adamson All Seasons LLC.

  83 Top Rail Trail, Penrose, CO 81240
• 

  

  /5

  $55,500

  • Land
  • 10 Acres
  • $5,550 per Acre

  1374 C St, Penrose, CO 81240

  This private, rural 10-acre property in Penrose Colorado has so much to offer and is contiguous and listed alongside residential listing at 358 13th Street, for a total of 40 acres with all four 10-acre parcels combined. You’ll fall in love with the biggest skies and 360-degree mountain views you can imagine. Almost fully fenced and cross fenced, with some electric fencing included along with a

  Jenny Gatzke HomeSmart Preferred Realty

  

  1374 C St, Penrose, CO 81240
• 

  

  /49

  $1,095,000

  • 3 Beds
  • 3 Baths
  • 2,218 Sq Ft

  1115 M St, Penrose, CO 81240

  A truly one of kind property, that is in a class of its own. Custom sprawling rancher with over 2,200 sq. ft. with 3 bedrooms and 3 bathrooms. Here is where the uniqueness begins... Home is situated on 10 acres with 10 shares of Beaver Park Ditch Stock, beautiful landscaping, and a large producing hay field. Purchase includes adjoining 10 acre parcel, and comes with 5 shares of Beaver Park Ditch

  Tim Ritter RE/MAX ROYAL GORGE

  1115 M St, Penrose, CO 81240
• 

  

  /50

  $770,000

  • 4 Beds
  • 2.5 Baths
  • 3,527 Sq Ft

  988 P St, Penrose, CO 81240

  Welcome home to your custom built ICF adobe style home sitting on 10 acres. Whether you’re looking for room to spread out or a multigenerational setup this home is for you and it was built with everything in mind. In floor heat throughout the entire structure. You can use either the indoor boiler that runs on propane or the exterior wood burning boiler. The booming ceilings in the main part of

  Stephanie Mirowski Homesmart Preferred Realty

  988 P St, Penrose, CO 81240
• 

  

  /50

  $710,000

  • 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 RanchAn 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

  Jennifer Vernetti EXIT Elevation Realty

  193 Top Notch Trail, Penrose, CO 81240
• 

  /2

  $100,000

  • Land
  • 1.48 Acres
  • $67,568 per Acre

  15900 Vietnam Veterans Memorial Hwy, Penrose, CO 81240

  Vacant land located just a few feet off of State Highway 115. Water tap is present according to Penrose Water District. Colorado Division of water does not show a well permit number. A 1970 built mobile home & shed are on the property and both in poor condition. No value to mobile home or shed is being given, value is for the vacant land, water tap, water share only. However, one would assume

  John Grove RE/MAX Of Pueblo Inc

  15900 Vietnam Veterans Memorial Hwy, Penrose, CO 81240
• 

  

  /23

  $200,000

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

  0 Unknown Unit 3456588, Penrose, CO 81240

  Step into history with this remarkable land parcel in the historic town of Wilbur. This north parcel offers a stunning mix of forest, ridgeline rock features, and usable open land, including a prime building pad with an RV site and sweeping Sangre de Cristo and Lake Pueblo views. BLM-built stock ponds with a galley well system enhance the property’s utility and charm. Experience the pioneer

  Travis Fraker Redfin Corporation

  0 Unknown Unit 3456588, Penrose, CO 81240
• 

  

  /39

  $245,000

  • 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
• 

  

  /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
• 

  

  /35

  $479,900

  • 1 Bed
  • 1 Bath
  • 576 Sq Ft

  1005 13th St, Penrose, CO 81240

  Bring your horses and enjoy this beautifully remodeled equestrian property! Featuring an 11-stall barn with indoor living quarters, this setup is perfect for horse owners, trainers, or anyone looking for a turn-key horse facility. The barn is fully updated and includes automatic horse waterers, tack and feed space, and direct access to outdoor riding amenities. Step outside to a full-size arena,

  Tim Ritter RE/MAX Royal Gorge

  1005 13th St, Penrose, CO 81240
• 

  /2

  $200,000

  • Land
  • 19.43 Acres
  • $10,293 per Acre

  TBD Colorado 67, Penrose, CO 81240

  Prime Industrial Land Opportunity 19.43 Acres Total Utilities at Lot Line Unlock the potential of this rare industrial land offering in Fremont County. Comprising three individual parcels totaling 19.43 acres, this property is ideally located just off U.S. Highway 50, adjacent to the U.S. ICE field office and in close proximity to the Fremont County Airport. Zoned industrial, it offers flexible

  Tony Greer Keller Williams Performance Realty

  TBD Colorado 67, Penrose, CO 81240
• 

  

  /48

  $269,400

  • 3 Beds
  • 2 Baths
  • 1,560 Sq Ft

  555 D St, Penrose, CO 81240

  Wonderfully maintained and remodeled home on irrigated and fenced 1 acre lot. Separate living room and family rooms with laminate floors and with a woodstove fireplace. Nice size kitchen with pantry and lots of cabinets, and a nice master suite with full bathroom. Mature trees, fenced front yard and lots of nice custom concrete work, covered front patio and RV parking. Oversized one car carport,

  Kurt Zerby KURT ZERBY REAL ESTATE GROUP

  555 D St, Penrose, CO 81240
• 

  

  /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
• 

  /2

  $250,000

  • Land
  • 20 Acres
  • $12,500 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
• 

  

  /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
• 

  

  /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
• 

  

  /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
• 

  

  /21

  $200,000

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

  0 Unknown Unit 7769860, Penrose, CO 81240

  Step into history with this remarkable land parcel in the historic town of Wilbur. BLM berm built stock pond enhance the properties versatility. This south parcel showcases the remnants of an old homestead, including the main house, an original barn, a food storage building, and Wilbur’s original post office. The land is largely usable with a balanced mix of trees and pasture—perfect for off-grid

  Travis Fraker Redfin Corporation

  0 Unknown Unit 7769860, Penrose, CO 81240
• 

  

  /39

  $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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