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Penrose, CO Houses for Sale

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  • /62

    $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

    Agent Photo

    Suzi Adamson

    All Seasons LLC.

    (719) 745-5975

    1933 Top Notch Trail, Penrose, CO 81240
  • /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

    Agent Photo

    Shelley Keller

    Homesmart Preferred Realty

    (719) 652-5690

    1893 County Road 127, Penrose, CO 81240
  • /50

    $1,100,000

    • 5 Beds
    • 4 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

    Agent Photo

    Mike Kenney

    Better Homes and Gardens Real Estate Kenney & Company

    (719) 674-8963

    1183 2nd 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

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    Linda Mattson

    Homesmart Preferred Realty

    (719) 353-6629

    8200 County Road 132, Penrose, CO 81240
  • /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.

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    Tami Jo Belsey

    RE/MAX Properties Inc

    (719) 631-1674

    369 G 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:

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    Tyson Cool

    Properties of Colorado Real Estate Inc

    (719) 824-4857

    914 C St, Penrose, CO 81240
  • /24

    $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

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    Tyson Cool

    Properties Of Colorado CC

    (719) 689-8780

    205 Illinois St, Penrose, CO 81240
  • /70

    $599,000

    • 2 Beds
    • 1 Bath
    • 1,142 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 pond welcomes you before passing through the main gate. You are met with a meticulously

    Agent Photo

    Tyson Cool

    Properties Of Colorado CC

    (719) 451-7984

    3325 County Road 132, Penrose, CO 81240
  • /25

    $395,600 New Construction

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

    772 7th St, Penrose, CO 81240

    Welcome home to this brand new beautiful three bed two bathroom home on 1.6 acres of land. Entering the home from the covered porch, you are met with a large family room that has tons of windows to showcase the mountain views. Entering into the kitchen, you will find a "mile long" serve across the bar island. The kitchen boasts large cabinets and countertop space for all your cooking needs. Fully

    Agent Photo

    Tyson Cool

    Properties Of Colorado CC

    (719) 431-9164

    772 7th St, Penrose, CO 81240
  • /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
  • /49

    $500,000

    • 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
  • /60

    $969,900

    • 3 Beds
    • 3 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 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
  • /9

    $699,900

    • 3 Beds
    • 2 Baths
    • 2,812 Sq Ft

    47 Top Rail Trail, Penrose, CO 81240

    Come home to this brand-new 3-Bedroom Luxury Property with expansive views - $699,900! Discover this stunning new 3-bedroom, 2.5-bathroom home, offering 2,812 sq. ft. of modern luxury on 2 acres of prime horse property. Located just 25 minutes from Fort Carson and Colorado Springs, this home combines functionality with lovely views and contemporary design. Key Features: The gorgeous

    Brett Brady New Home Star, LLC

    47 Top Rail Trail, Penrose, CO 81240
  • /45

    $799,000

    • 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
  • /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

    $875,000 Open Sun 3PM - 5PM

    • 3 Beds
    • 2.5 Baths
    • 2,518 Sq Ft

    321 Bowie Rd, Penrose, CO 81240

    Welcome to a private retreat situated on nearly 38 acres of land. This exceptional custom-built adobe ranch-style residence boasts a three-car attached garage and offers luxurious living. The stunning home showcases a living room with a striking gas kiva fireplace and an abundance of window space to bring in the natural light. The expansive open gourmet kitchen serves as the heart of the home,

    Cisco Tercero The Tercero Group Realty

    321 Bowie Rd, 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
  • /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
  • /23

    $347,900

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft

    359 8th St, Penrose, CO 81240

    Welcome to your new home! This stunning new build offers the perfect blend of modern amenities and design, featuring 3 bedrooms, 2 full bathrooms. Nestled within walking distance of Penrose Elementary School, close to Canon City, Pueblo, and Colorado Springs. Step inside to an open concept split bedroom design that seamlessly flows from room to room. The heart of the home boasts large granite

    Louise Young Properties Of Colorado Inc

    359 8th St, Penrose, CO 81240
  • /30

    $375,000

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

    106 Grant St, Penrose, CO 81240

    Welcome to your dream home on a corner lot! This beautifully updated residence features three large, inviting bedrooms and two modern bathrooms. As you enter, you'll be greeted by a spacious, light-filled living area with a wood-burning fireplace. The updated kitchen boasts sleek countertops, stainless steel appliances, and ample cabinet space, which opens to a large dining area. The primary

    The Blickenstaff Group Keller Williams Performance Realty

    106 Grant St, Penrose, CO 81240
  • /29

    $400,000

    • 3 Beds
    • 2 Baths
    • 1,630 Sq Ft

    12 Grant St, Penrose, CO 81240

    Home sweet home! A perfect home that has a little bit of everything for you and yours! This 3 bedroom, 2 bathroom home is better than new and shows it when you first walk in. Split-bedroom design with large rooms and vaulted ceilings. Master bedroom with full bath en-suite boasting marble surround and double closets. Beautiful vinyl flooring and 2 panel doors, large central living room and

    Brandon Angel Keller Williams Performance Realty

    12 Grant St, Penrose, CO 81240
  • /82

    $467,000

    • 3 Beds
    • 2 Baths
    • 1,911 Sq Ft

    1559 9th St, Penrose, CO 81240

    Beautiful horse property only 20 minutes from Pueblo! Discover this unique 3-bedroom, 2-bath A-frame home nestled on 2.23 acres in scenic Penrose, Colorado. It's bigger than you think at 1,911 square feet of inviting living space. This home features a great floorplan, cozy rustic charm, and plenty of room to grow. You'll immediately notice the beautiful beams from floor to ceiling throughout

    Tracy Bastian Rocky Mountain Realty

    1559 9th St, Penrose, CO 81240
  • /35

    $419,000

    • 4 Beds
    • 3 Baths
    • 2,383 Sq Ft

    207 Fremont St, Penrose, CO 81240

    Charming 4-Bedroom Home with an Efficiency Apartment & Exceptional Features – Prime Central Location! Welcome to this beautifully updated 4-bedroom, 3-bathroom home, perfectly designed for comfort, and flexibility. Situated in a central location just minutes from HWY 115 and HWY 50, this property offers easy access to Colorado Springs, Florence, Caon City, and Pueblo. The main home features fresh

    Sam Banning HomeSmart Preferred Realty

    207 Fremont 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
  • /7

    $210,000

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

    1780 14th St, Penrose, CO 81240

    (Price reduction based on in-progress renovation, but available to buy now with full cleanup and new windows, including large picture window in Livingroom. Price to increase later in renovation. Contact Agent for details)This 1,440 sq ft manufactured home offers comfortable living on a spacious 3.72-acre lot in rural Penrose, Colorado. The home features 3 bedrooms, 2 bathrooms, and a

    Blake Hanenberg Keller Williams Performance Realty

    1780 14th St, Penrose, CO 81240
  • /44

    $335,000 Open Sat 11AM - 1PM

    • 3 Beds
    • 1.5 Baths
    • 1,176 Sq Ft

    490 K St, Penrose, CO 81240

    Charming Country Home on 1.3 Acres in Penrose! Welcome to this updated 3-bedroom, 1.5-bath home nestled on a private 1.3-acre lot surrounded by mature trees—perfect for anyone craving space and serenity. Inside, you’ll find original hardwood floors and a cozy woodburning stove that adds character and warmth to the living room. The kitchen is a pleasant surprise with updated LVP flooring,

    Katalena McNew Keller Williams Performance Realty

    490 K St, Penrose, CO 81240
  • /47

    $445,000

    • 4 Beds
    • 2 Baths
    • 1,705 Sq Ft

    358 13th St, Penrose, CO 81240

    RARE FIND: LIVE WATER on this Penrose acreage property being offered as 20 acres in this listing, when purchased together with MLS# 231899, an adjacent 10-acre parcel with a responsibly designed 100-meter firing range! Both 10-acre parcels offered in this listing are fenced and cross-fenced (electric-fencing) to accommodate livestock. This 4 bedroom, 2 bathroom home with central air, RV hookup,

    Sherry Romero Sherry Lee Romero

    358 13th St, Penrose, CO 81240
  • /36

    $395,000

    • 4 Beds
    • 2 Baths
    • 1,705 Sq Ft

    358 13th St, Penrose, CO 81240

    LIVE WATER is a rare find in Penrose Colorado, but it's here. This land is fenced and cross-fenced together with a total of 40 available acres (see MLS # 231897, 231898, 231899), but open in places to the contiguous lots. The house has its own fence around the yard and a wooden privacy fence on one side. Theres also an RV hookup! A 2-stall barn and holding pen is halfway to the stream and near

    Sherry Romero Sherry Lee Romero

    358 13th 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
  • /50

    $699,000

    • 4 Beds
    • 3 Baths
    • 3,168 Sq Ft

    2134 Tepley Trail, Penrose, CO 81240

    Motivated Sellers! Views for days! Come enjoy the peace, tranquility, and freedom of country living with 4+ bedrooms and 3 full baths plus multiple living areas and loads of storage. Plenty of outdoor enjoyment and entertainment spaces to enjoy the exceptional views into your own private valley. New in the last 5 years: septic system, roof, all bathrooms, appliances, kitchen counters and sink,

    Lauren Schneider eXp Realty, LLC

    2134 Tepley Trail, Penrose, CO 81240
  • /39

    $394,000

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

    1290 B St, Penrose, CO 81240

    Nestled on 10 serene acres, this one-of-a-kind property offers a harmonious blend of natural beauty and modern comfort. With breathtaking 360-degree mountain views and expansive hardwood floors throughout, this 2-bedroom, 2-bathroom home is the perfect canvas for your dream lifestyle.Step inside and be greeted by large, bright windows that flood the home with natural light and frame the

    Sofia Taylor Agents Realty of Colorado

    1290 B St, Penrose, CO 81240
  • /41

    $394,000

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

    1290 B St, Penrose, CO 81240

    Nestled on 10 serene acres, this one-of-a-kind property offers a harmonious blend of natural beauty and modern comfort. With breathtaking 360-degree mountain views and expansive hardwood floors throughout, this 2-bedroom, 2-bathroom home is the perfect canvas for your dream lifestyle. Step inside and be greeted by large, bright windows that flood the home with natural light and frame the stunning

    Sofia Taylor Agents Realty Of Colorado LLC

    1290 B St, Penrose, CO 81240
  • /26

    $261,000

    • 3 Beds
    • 2 Baths
    • 912 Sq Ft

    505 Broadway, Penrose, CO 81240

    Cozy 3 Bedroom, 2 Bath Home with 2 car detached garage. Original built in cabinets in main bathroom and hallway. New Water Heater and Furnace installed in January 2024 with Brand New Heat Ducts. Solar installed in January 2024 also. This home is located just a few blocks of school, stores and Penrose Park. Totally fenced in yard for your fur babies. Stop by to see for yourself and you'll be glad

    Peggy Borchers Homesmart Preferred Realty

    505 Broadway, Penrose, CO 81240
  • /21

    $275,000

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft

    530 Illinois St, Penrose, CO 81240

    Welcome to this beautifully updated 3 Bedroom 2 Bathroom home on a generous 1/2 acre lot in the charming town of Penrose, CO. Ideally located directly across the street from Penrose park and minutes from highway 115, this property offers peaceful views and easy access to outdoor activities. Whether you're enjoying the park's green spaces or taking advantage of the close proximity to Pueblo,

    Laura Krueck Properties Of Colorado Inc

    530 Illinois St, Penrose, CO 81240
  • /40

    $999,999

    • 4 Beds
    • 2.5 Baths
    • 3,396 Sq Ft

    1381 3rd St, Penrose, CO 81240

    Discover this stunning 3,396 sq ft custom-built home in the heart of Penrose, overlooking Apple Valley Estates, offering an exceptional blend of luxury, space, and modern amenities. This expansive property boasts 4 bedrooms, 3 bathrooms, and a thoughtfully designed floor plan perfect for comfortable living and entertaining. The home features an attached 1,000+ sq ft garage, providing ample space

    Lisa Adkisson Homesmart Preferred Realty

    1381 3rd St, Penrose, CO 81240
  • /12

    $267,500

    • 2 Beds
    • 1 Bath
    • 860 Sq Ft

    414 4th St, Penrose, CO 81240

    SW home Holly Palk 1972, Vacant, ready to show, and will still need notice to show. Great easily accessible to half mile to Highway 115, and to Hwy 50. easy shot to Colo Springs / Fort Carson. Go South on Hwy 115 to Westcliffe, beautiful area for Hunting Back Trekking Mountain climbing etc... Hwy 50 East to Pueblo Close to PUEBLO and West To Canon City, Salida. Post

    Hoshi Mistry Keller Williams Performance Realty

    414 4th St, Penrose, CO 81240
  • /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

Why Live in Penrose

Penrose, CO, is a rural community situated between Pueblo and Colorado Springs, offering residents a semi-arid landscape with juniper woodlands, hot springs, and proximity to the Arkansas River. The area is known for its spacious acreage, with many properties featuring traditional farmhouses and ranch-style homes on lots ranging from 3 to 40 acres, allowing for agricultural activities such as growing hay and raising livestock. Founded during the gold rush, Penrose provides a quiet environment with stunning views and a moderate heat risk, with summer temperatures reaching the low-to-mid 90s. The community is prone to wildfires, which have a moderate chance of affecting properties over the next 30 years. Penrose features several outdoor attractions, including the Dakota Hot Springs, Brush Hollow Reservoir, and Florence River Park, which offer opportunities for camping, fishing, paddleboarding, and kayaking. The Penrose Park & Recreation District serves as the main green space, hosting events like the Apple Day Festival. Although Penrose has limited commercial areas, Broadway offers local establishments such as Coyote's Coffee Den and Penrose Pizzeria & Pub, along with the Neighborhood Market for groceries. For additional shopping and dining options, Florence is located about 6 miles southwest. The Fremont County Transit system provides on-demand transportation, with Pueblo approximately 30 miles east and Colorado Springs about 35 miles north. Pueblo Memorial Airport and Colorado Springs Airport offer flights to various destinations, including international flights starting in June 2025.

Home Trends in Penrose, CO

Housing Trends

Median Sale Price
$575,000
Median Single Family Sale Price
$699,000
Average Price Per Sq Ft
$256
Number of Homes for Sale
5
Last 12 months Home Sales
46
Months of Supply
1.30
Median List Price
$699,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
5%
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