Penrose, CO Homes for Sale with Acreage

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  /48

  $1,375,000

  • 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

• 

  

  

  /47

  $1,375,000

  • 3 Beds
  • 3 Baths
  • 2,915 Sq Ft

  18530 State Highway 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) 451-7234

  18530 State Highway 115, Penrose, CO 81240
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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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  /36

  $299,900

  • 4 Beds
  • 2 Baths
  • 1,932 Sq Ft

  375 14th St, Penrose, CO 81240

  Off-Grid Oasis with Mountain Views on 10 Acres!!Discover peace, privacy, and self-sufficiency at the end of the road at 375 14th St in Penrose. This unique off-grid property sits on 10 acres with a live creek, peaceful mountain views, and no HOA restrictions—ideal for those craving space and independence.The home has been refreshed with interior paint, wood and tile flooring, and features

  

  KRISTI MEYER

  Real Broker, LLC

  (719) 496-8175

  375 14th St, Penrose, CO 81240
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  /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
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  /29

  $225,000

  • Land
  • 27.96 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
  • 8.14 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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  /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
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  /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
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  /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
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  /41

  $554,000

  • 4 Beds
  • 2 Baths
  • 1,983 Sq Ft

  100 Pleasure Trail, Penrose, CO 81240

  Welcome to this Updated beautifully kept 4-bedroom, 2-bath bi-level home in the highly desirable Top Rail Ranch community—set on a spacious 2.8-acre corner lot where horses, livestock, and all your animals are welcome. This stucco home offers the perfect blend of rural comfort, modern updates, and open space with NO HOA. Step inside to find two inviting living areas, including a vaulted-ceiling

  Mark Ramirez HomeSmart

  100 Pleasure Trail, Penrose, CO 81240
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  /41

  $554,000

  • 4 Beds
  • 2 Baths
  • 1,983 Sq Ft

  100 Pleasure Trail, Penrose, CO 81240

  Welcome to this Updated beautifully kept 4-bedroom, 2-bath bi-level home in the highly desirable Top Rail Ranch community—set on a spacious 2.8-acre corner lot where horses, livestock, and all your animals are welcome. This stucco home offers the perfect blend of rural comfort, modern updates, and open space with NO HOA. Step inside to find two inviting living areas, including a vaulted-ceiling

  Mark Ramirez HomeSmart

  100 Pleasure Trail, 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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  /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
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  /60

  $969,900

  • 3 Beds
  • 3 Baths
  • 4,194 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 stunning natural terrain, this Southwestern-inspired residence offers panoramic views, modern comforts, and unmatched privacy--perfect for a primary home, or a Colorado retreat.The home's bold stucco facade and flat rooflines echo classic Pueblo

  Jerrod Meyer Whitetail Properties Real Estate, LLC

  507 van Egmond Dr, 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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  /7

  $795,000

  • 2,982 Sq Ft

  15560 Colorado 115, Penrose, CO 81240

  Well established Commercial location in Penrose along Co. St. Hwy. 115. 2 access points with 650 feet of HWY frontage and 11,000 average daily traffic passerby's. Maximum parking for large event venue. Current Restaurant building is 2982 Sq. Ft with commercial kitchen, and 3- 7/2 baths. 5 Bedroom, 4 bathroom 2084 Sq. Ft/ Home, and 30' x 50' shop. Shop is set up for large machinery. Other

  Brandon Angel Keller Williams Performance Realty

  15560 Colorado 115, 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
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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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  /5

  $55,000

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

  TBD C St, Penrose, CO 81240

  Tremendous views and incredible privacy here on this 10-acre parcel in rural Penrose, Colorado with incredible mountain views! Mostly fenced and cross-fenced, this would be excellent grazing land and/or your perfect homestead to build your dream home! 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

  Jenny Gatzke Homesmart Preferred Realty

  TBD C 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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  /33

  $750,000

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

  445 G St, Penrose, CO 81240

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

  Kimberly Powers Summit & Main Realty Group

  445 G St, Penrose, CO 81240
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  /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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  /33

  $650,000

  • 3 Beds
  • 2 Baths
  • 3,132 Sq Ft

  47 Top Rail Trail, Penrose, CO 81240

  Your retirement dream is this new built Luxury Property by with expansive views. Imagine living in modern luxury on acres only 40 minutes from the Springs. Main level living at its finest. The great room will be amazing for hosting friends and all of your family and has expansive mountain views. The kitchen has a massive island with seating for 6+ and with its quartz counters and white shaker

  Matthew Orsillo Better Homes & Gardens Re

  47 Top Rail Trail, 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
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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.

  83 Top Rail Trail, Penrose, CO 81240
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  /5

  $58,000

  • Land
  • 10 Acres
  • $5,800 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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  /22

  $599,000

  • Land
  • 162.76 Acres
  • $3,680 per Acre

  TBD Vietnam Veterans Memorial Hwy, Penrose, CO 81240

  This is a once-in-a-lifetime opportunity to own 160+ acres of Paradise. Year-round water full of trout. Extremely private, bordered by public lands including Beaver Creek Wilderness area, Stat of Colorado and BLM Land. Several building sites for "off-the-gird" living. Convenient location for Colorado Springs, Pueblo, or Canon City Commuting. The property has historical significance and an

  Brandon Angel Keller Williams Performance Realty

  TBD Vietnam Veterans Memorial Hwy, Penrose, CO 81240
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  /43

  $594,900

  • 3 Beds
  • 3 Baths
  • 3,257 Sq Ft

  175 E St, Penrose, CO 81240

  Discover modern country living in this stunning custom-built 2-story home, completed in 2019. Thoughtfully designed for comfort and versatility, this property offers 2 spacious bedrooms plus an office (or additional non-conforming bedroom) on the main floor. The open-concept layout features vaulted wood ceilings, rich hardwood floors, and large windows allowing an abundance of natural light that

  Tim Ritter RE/MAX ROYAL GORGE

  175 E St, Penrose, CO 81240
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  /29

  $249,000

  • 3 Beds
  • 2 Baths
  • 1,253 Sq Ft

  1006 I St, Penrose, CO 81240

  Charming and peaceful 3-bedroom, 2-bath home on 5 acres in Penrose—ideal for those seeking space, privacy, and a place for animals. This 1965 single-wide with a full addition features newer vinyl windows, metal roof, and siding. The living room offers laminate floors, French doors to the porch, and a tiled area ready for the electric or gas fireplace (hookup available). Kitchen has wood cabinets,

  Katie Ely The Cutting Edge

  1006 I St, Penrose, CO 81240
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  /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
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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
• 

  

  /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 LineUnlock 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

  Tony Greer Keller Williams Performance Realty

  TBD Colorado 67, Penrose, CO 81240
• 

  

  /20

  $99,900

  • Land
  • 35.6 Acres
  • $2,806 per Acre

  TBD Rimrock Terrace, Penrose, CO 81240

  Buildable 35 Acre lot in the gated Red Rocks at Beaver Creek Subdivision. Beautiful Mountain Views and Endless Potential. Property is adjacent to Public Land and situated nicely in Beaver Creek. Property is located between Canon City, CO (15 Minute Drive) and Penrose, CO (15 minute Drive).

  Nick Sartori Real Broker, LLC

  TBD Rimrock Terrace, Penrose, CO 81240
• 

  

  /3

  $150,000

  • Land
  • 1.9 Acres
  • $78,947 per Acre

  0 Highway 115, Penrose, CO 81240

  Great opportunity to own this Commercial agricultural property. Limited access see attachments . Paid water tap not installed. Lots of possibilities .

  Roger McKissack Prime Realty Sales, Inc.

  0 Highway 115, Penrose, CO 81240
• 

  

  /42

  $725,000

  • 1 Bed
  • 1 Bath
  • 1,180 Sq Ft

  18461 Colorado 115, Penrose, CO 81240

  Custom Solar Home with creek, views and more Escape to your own private wilderness with this unique off-grid solar powered home, nestled on 40 acres of pristine Colorado landscape. This property is surrounded by state and BLM land and offers unmatched privacy, endless recreational oppertunities and direct connection to nature - with an abundance of wildlife right outside your door. Beaver Creek

  Greg Hanson TRELORA Realty

  18461 Colorado 115, Penrose, CO 81240
• 

  

  /71

  $425,000

  • 3 Beds
  • 2 Baths
  • 1,242 Sq Ft

  12 9th Ave, Penrose, CO 81240

  This beauty has so much to offer!! 3 bed 2 bath rancher with an attached 2 car carport that is easily turned into a garage. Sitting on 4.12 acres of some of the best mountain views money can buy! Pikes Peak, Sangre De Cristo's, the Front Range, and Greenhorns! Breakfast bar, granite counter tops, newer cabinets, appliances, paint, windows, fans & fixtures, recessed lighting, furnace, central air,

  Donna Austin RE/MAX Of Pueblo Inc

  12 9th Ave, Penrose, CO 81240

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