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Newest Homes for Sale in Penrose, CO

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  • /34

    $439,900

    • 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
  • /17

    $159,999

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

    205 Illinois St, Penrose, CO 81240

    Cute 3 bedroom, 1 3/4 bath manufactured home. Granite counter tops in kitchen with breakfast nook. Split bedroom design. Luxury plank flooring. Clean and ready to move into. Yard is fenced on three sides with alley access and two sheds. Large deck for those quiet evenings. Come see.

    Lisa Adkisson Homesmart Preferred Realty

    205 Illinois 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 Canon City and Pueblo near Penrose, this private 10-acre retreat offers versatility, wide-open space, and beautiful mountain views. The fully fenced acreage is ideal for horses or livestock and includes a loafing shed/barn for shelter. A seasonal stream with a natural pool meanders through one corner of the

    GAYLORD KNEPP Sweet Homes Realty

    340 12th St, Penrose, CO 81240
  • /35

    $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
  • /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

    $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
  • /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

    $696,000

    • 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
  • /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

    $329,900

    • 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
  • /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
  • /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
  • /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
  • /36

    $485,000

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

    747 D St, Penrose, CO 81240

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

    Agent Photo

    Svenja Hopkins

    Fathom Realty Colorado LLC

    (719) 745-7942

    747 D 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
  • /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
  • /3

    $120,000

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

    TBD 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 and comes with 5 shares of Beaver Park irrigation! 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

    TBD J St, Penrose, CO 81240
  • /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
  • /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

    $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
  • /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
  • /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
  • /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

    Agent Photo

    Linda Leslie

    Homesmart

    (719) 417-7059

    18530 Colorado 115, Penrose, CO 81240
  • /54

    $990,000

    • 5 Beds
    • 3 Baths
    • 3,870 Sq Ft

    1675 M St, Penrose, CO 81240

    Welcome home to this magnificent horse property situated on 10 acres with irrigation. This spacious 5 bedroom 3 bath home has many upgrades throughout. Five piece bath off the primary suite with copper tub, double sinks, walk in closet and seperate water closet. Kitchen features two islands with leathered granite countertops. Two spare bedrooms separated by a bathroom. In the walkout basement

    Brice Ingo RE/MAX Associates

    1675 M St, Penrose, CO 81240
  • /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
  • /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
  • /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.

    Agent Photo

    Sylvia Jennings

    BHHS Rocky Mountain, REALTORS

    (729) 751-5612

    0 Highway 50, Penrose, CO 81240
  • /2

    $225,000

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

    TBD 11th St, Penrose, CO 81240

    Discover the unmatched potential of this stunning 20-acre property, split evenly on each side of 11th Street and nestled in the heart of Colorado’s serene high desert landscape. With 10 acres on either side, this unique parcel offers flexibility for a variety of uses — build your dream home, establish a hobby farm, or develop a retreat that embraces the peace and beauty of the surrounding

    Sam Banning Homesmart Preferred Realty

    TBD 11th St, Penrose, CO 81240
  • /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
  • /2

    $50,000

    • Land
    • 0.09 Acre
    • $555,556 per Acre

    000 Vietnam Veterans Memorial Hwy, Penrose, CO 81240

    Prime Highway 115 Visibility – Small Lot, Big Opportunity! Don't let the size fool you—this small but mighty lot offers exceptional visibility right off Highway 115, making it a strategic spot for signage, small business potential, or investment. With high traffic exposure and easy access, it's an ideal location to get noticed. Whether you're looking to advertise, build, or hold, this highly

    Agent Photo

    Tyson Cool

    Properties Of Colorado CC

    (719) 417-9057

    000 Vietnam Veterans Memorial Hwy, Penrose, CO 81240
  • /39

    $383,000

    • 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
  • /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
  • /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
  • /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
  • /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
  • /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

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 $476,158.
How many homes have sold over the last 12 months in Penrose, CO?
73 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 $427,500. If you put a 20% down payment of $85,500 and had a 30-year fixed mortgage with an interest rate of 6.01%, your estimated principal and interest payment would be $2,050 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $88K 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
$398,500
Average Price Per Sq Ft
$259
Number of Homes for Sale
15
Last 12 months Home Sales
73
Months of Supply
2.50
Median List Price
$427,500
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
13%
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