53

Newest Homes for Sale in Penrose, CO

Section Image Section Image
  • /45

    $700,000

    • 2 Beds
    • 2 Baths
    • 2,277 Sq Ft

    1534 7th St, Penrose, CO 81240

    This one is not a “scroll past” listing - it’s a right buyer, right story/dream come true property. It’s a thoughtfully designed, custom-built Northern New Mexico–inspired ranch set on 10 acres, created with a true focus on longevity, efficiency, and craftsmanship built with ICF construction. The solid hickory front door, substantial in both presence and build, sets the tone for what’s carried

    JP Speers Berkshire Hathaway HomeServices Rocky Mountain

    1534 7th St, Penrose, CO 81240
  • /46

    $359,900

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

    325 5th St, Penrose, CO 81240

    Wonderful 3 Bedroom, 2 Bath Manufactured Home on 4.88 Acres — Custom Woodwork, Solar, and More Discover comfort, character, and wide-open space with this beautifully maintained 3-bedroom, 2 bath manufactured home set on 4.88 private acres. From the moment you step onto the large, covered porch, you’ll feel the warmth and craftsmanship that make this property truly stand out. This property blends

    SHERRI HOOD Homesmart Preferred Realty

    325 5th St, Penrose, CO 81240
  • /50

    $645,000

    • 4 Beds
    • 3.5 Baths
    • 3,455 Sq Ft

    1000 S St, Penrose, CO 81240

    Set on 9 acres in Penrose, this spacious 2-story home offers a rare blend of square footage, usable land, and flexibility for a variety of lifestyles.Featuring 4 bedrooms and 4 bathrooms across 3,455 finished square feet, the layout provides separation and functionality with multiple living spaces. The upper-level primary suite is generously sized and includes an adjoining bath, walk-in

    Agent Photo

    Kristi Meyer

    Real Broker, LLC

    (719) 745-4416

    1000 S St, Penrose, CO 81240
  • /33

    $719,000

    • 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
  • /2

    $100,000

    • Land
    • 1.37 Acres
    • $72,993 per Acre

    100 Broadway, Penrose, CO 81240

    Prime Highway 115 frontage in the growing community of Penrose presents a rare opportunity to secure a highly visible commercial site with exceptional accessibility and long-term upside. This approximately 1.5-acre parcel is zoned Business and offers egress from at least two sides, making it ideal for a wide range of commercial uses that benefit from strong traffic flow and easy customer access.

    Tony Greer Keller Williams Performance Realty

    100 Broadway, Penrose, CO 81240
  • /5

    $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
  • /24

    $160,000

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

    205 Illinois St, Penrose, CO 81240

    Move-In Ready and VA friendly. Stop paying rent and invest in your future with this updated home on its own land. This 3-bedroom, 2-bath has been refreshed from top to bottom, featuring a new roof, fresh interior and exterior paint, and stylish luxury vinyl flooring. Both bathrooms have been completely modernized. Enjoy the perfect balance of quiet, small-town charm and peaceful country living

    Tina Smith TINA SMITH REAL ESTATE

    205 Illinois St, Penrose, CO 81240
  • /11

    $125,000

    • Land
    • 4.7 Acres
    • $26,596 per Acre

    1442 K St, Penrose, CO 81240

    This parcel is offered exclusively as a package with the adjacent 4.7-acre residential property MLS#4720347 , creating a rare opportunity to own a total of 9.4 irrigated acres in Fremont County. Discover the perfect opportunity to expand your rural lifestyle with this 4.7-acre irrigated parcel just outside Penrose, Colorado. Whether you're seeking more space for livestock, a productive hay field,

    Tony Greer Keller Williams Performance Realty

    1442 K St, Penrose, CO 81240
  • /41

    $359,000

    • 3 Beds
    • 2 Baths
    • 1,504 Sq Ft

    117 Hawkins St, Penrose, CO 81240

    Welcome to this custom ranch style home on a large corner lot. The covered front deck, with Trex deck, is the focal point of the curb appeal. As you enter the home you are greeted by the Brazilian hardwood floors in the living room and front bedroom. The bay window allows for natural light. The kitchen has Birch cabinets and a nice sized pantry with the dining room attached looking out on the

    Katharine Wiltfong Reeves Real Estate Llc

    117 Hawkins St, Penrose, CO 81240
  • /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
  • /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

    $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

    Agent Photo

    Joe Garcia

    Homesmart Preferred Realty

    (719) 427-4526

    1144 4th St, 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
  • /27

    $349,300 Open Sat 11AM - 2PM

    • 3 Beds
    • 2 Baths
    • 1,350 Sq Ft

    103 Illinois St, Penrose, CO 81240

    Welcome home to this brand new charming 3 bedroom 2 bath home located in the peaceful community of Penrose. This inviting property offers comfortable living with a spacious layout designed for both relaxation and entertainment. The living areas offer warm and welcoming atmosphere, while the functional floor plan makes everyday living easy and convenient. There is Luxury vinyl through out with

    Sandy Smith Properties Of Colorado Inc

    103 Illinois 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
  • /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
  • /30

    $350,000

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

    106 Grant St, Penrose, CO 81240

    If you've been searching for a home that feels welcoming the moment you walk in, this beautifully updated corner lot property is one you'll want to see. With a bright and open layout, the home offers comfortable living spaces designed for both everyday life and entertaining. The main living area is filled with natural light and features a wood burning fireplace that creates a warm and inviting

    The Blickenstaff Group Keller Williams Performance Realty

    106 Grant St, Penrose, CO 81240
  • /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
  • /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
  • /49

    $649,000

    • 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 Ranch An 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 expansive

    Jennifer Vernetti EXIT Elevation Realty

    193 Top Notch Trail, 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
  • /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
  • /50

    $599,900

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

    909 K St, Penrose, CO 81240

    Fort Carson Friendly- Space to Relax Irrigated Horse Property with Lester Barn, Producing Hay Field, Paid-Off Solar & Private 1-Bedroom ADUExceptional 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

    Peggy Ritter RE/MAX ROYAL GORGE

    909 K St, Penrose, CO 81240
  • /34

    $424,900

    • 3 Beds
    • 2 Baths
    • 1,600 Sq Ft

    215 Sherrill Dr, Penrose, CO 81240

    Welcome to this beautiful 3-bedroom, 2-bathroom home nestled in a low-traffic, well-kept neighborhood. Situated on nearly half an acre, this property offers the perfect blend of space, comfort, and modern style. Step inside to an inviting open floor plan featuring gorgeous hardwood floors and abundant natural light. The spacious kitchen is the heart of the home, complete with ample cabinetry,

    Ryan Hand Homesmart Preferred Realty

    215 Sherrill Dr, 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
  • /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
  • /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
  • /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,

    Agent Photo

    Scott Coddington

    Pulse Real Estate Group Llc

    (719) 568-9053

    611 Q St, Penrose, CO 81240
  • /12

    $324,900

    • 3 Beds
    • 2 Baths
    • 1,086 Sq Ft

    358 Illinois St, Penrose, CO 81240

    newly updated one level living with paid off solar...A MUST SEE TO APPRECIATE...large primary bedroom with separate adjoining bath nicely updated...luxury vinyl throughout...easy access to large fenced in back yard via separate laundry room door...

    Claudia Banza Homes of Colorado, LLC

    358 Illinois St, 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

    1044 P St, Penrose, CO 81240
  • /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
  • /24

    $295,000

    • 3 Beds
    • 2 Baths
    • 1 Sq Ft

    33 7th Ave, Penrose, CO 81240

    Cozy 3BD/2BA home on 0.51 acres in Penrose! Features an oversized garage, two storage sheds (one with loft), fenced yard, and new furnace tune-up. Plenty of room for a garden and easy access to Brush Hollow Reservoir, Dakota Hot Springs, and local wineries. Close to Ft. Carson, Canon City, Pueblo & Colorado Springs-country comfort with town convenience! A Simple Life with Big Possibilitie Set

    Twila Geroux Hayden Outdoors Real Estate

    33 7th Ave, Penrose, CO 81240
  • /28

    $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
  • /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

    Agent Photo

    Chris Montoya

    Keller Williams Performance Realty

    (719) 368-8993

    4200 County Road 123, Penrose, CO 81240
  • /11

    $50,000

    • Land
    • 10 Acres
    • $5,000 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. Lots of trees and vegetation toward the East side. Great Mountain views!

    Suzi Adamson All Seasons Llc

    TBD 14th St, Penrose, CO 81240
  • /11

    $50,000

    • Land
    • 10 Acres
    • $5,000 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. Lots of trees and vegetation toward the East side. Great Mountain views!

    Suzi Adamson All Seasons LLC

    0 14th St, 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
  • /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
  • /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
  • /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

Showing Results 1 - 40, Page 1 of 2

Frequently Asked Questions

What is the average home price in Penrose, CO?
Homes for sale in Penrose, CO have an average home price of $504,407.
How many homes have sold over the last 12 months in Penrose, CO?
83 homes have sold in Penrose, CO over the last 12 months.
What are the most popular zip codes in Penrose, CO?
The most popular zip codes in Penrose, CO include 81240, 81226, 81212, 81253 and 81007.
How much do you need to make to afford a house in Penrose?
The median home price in Penrose is $438,000. If you put a 20% down payment of $87,600 and had a 30-year fixed mortgage with an interest rate of 6.37%, your estimated principal and interest payment would be $2,180 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $93K a year to afford the median home price in Penrose. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Penrose, CO?
Penrose, CO has highly rated public and private schools. Some of the best schools in Penrose based on Niche Grades are Penrose Elementary School and Florence High School. Browse all the schools in Penrose, CO to learn more.

Home Trends in Penrose, CO

Housing Trends

Median Sale Price
$398,500
Median Single Family Sale Price
$424,900
Average Price Per Sq Ft
$261
Number of Homes for Sale
23
Last 12 months Home Sales
83
Months of Supply
3.30
Median List Price
$438,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
4%
How to Buy a Home How to Finance a Home How to Sell a Home