Newest Homes for Sale in Penrose, CO

• 

  

  

  /7

  $170,000

  • Land
  • 8.14 Acres
  • $20,885 per Acre

  15941 Highway 115, 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

  15941 Highway 115, Penrose, CO 81240
• Explore Penrose

• 

  

  

  /27

  $290,000

  • 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

  4200 County Road 123, Penrose, CO 81240
• 

  

  

  /28

  $275,000

  • 3 Beds
  • 2 Baths
  • 1,280 Sq Ft

  561 County Road 132, Penrose, CO 81240

  Set on 5 open acres in Penrose, this 3-bedroom, 2-bathroom manufactured home offers a solid foundation for buyers ready to put in some work and make it their own. At 1,280 square feet, the 2002-built home gives you the bones and the breathing room — the rest is yours to shape. This is a one-level, split bedroom design with a large master bath with a soaking tub, stand-alone shower, dual vanity

  Dana Dahl-Breske Keller Williams Performance Realty

  561 County Road 132, Penrose, CO 81240
• 

  

  

  /43

  $399,500

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

  1044 P St, Penrose, CO 81240

  Beautiful horse property on just under 10 fenced acres with stunning mountain views. The property is well-equipped with horse stalls, a steel pipe arena, frost-free water faucets, gates at both ends, a loafing shed, and chicken shed.The roomy 3-bedroom, 2-bath home features cathedral ceilings, luxury plank flooring, newer appliances (2020), central air (2023), a spacious living room, and a

  Kurt Zerby KURT ZERBY REAL ESTATE GROUP

  1044 P St, Penrose, CO 81240
• 

  

  

  /45

  $329,000

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

  325 5th St, Penrose, CO 81240

  Wonderful 3bd 2 bath attached manufactured home on 4.88 acres - Custom Beetle Kill woodwork, Solar, Full RV hookup, and more. Discover comfort character, and wide-open spaces on this well-maintained property. From the moment you step onto the large, covered porch, you'll feel the warmth and craftmanship that makes this property truly stand out. The property blends efficiency, custom craftmanship

  SHERRI HOOD HomeSmart Preferred Realty

  325 5th St, Penrose, CO 81240
• 

  

  /43

  $550,000

  • 3 Beds
  • 2 Baths
  • 1,845 Sq Ft

  1335 Apple Ln, Penrose, CO 81240

  Enjoy the privacy and quiet on this beautiful property, and marvel at the stars at night! Inviting rancher on irrigated 5.13 acres with a detached 2-car garage, plus a carport, plus an insulated shed/shop w/ electricity, AND a huge RV garage complete w/ RV outlet. This property has everything you need! Enjoy low utility bills with paid off solar panels; utilize the 5 shares of Beaver Park Water

  Valerie Ochsendorf Valor Properties, LLC

  1335 Apple Ln, Penrose, CO 81240
• 

  

  /34

  $725,000

  New Construction

  • 1 Bed
  • 2.5 Baths
  • 2,536 Sq Ft

  470 Bowie Rd, Penrose, CO 81240

  Custom-built 2,600-square-foot barndominium situated on 37 acres. This thoughtfully designed home features a spacious open floor plan with quality craftsmanship throughout, including custom doors, cabinets, countertops, and extensive live-edge wood accents. The main living area is highlighted by a large roll-up door that opens to a spacious patio, creating seamless indoor-outdoor living and

  Erick Passmore Century 21 Community First

  

  470 Bowie Rd, Penrose, CO 81240
• 

  

  /22

  $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
• 

  

  /28

  $415,000

  New Construction $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,329 Sq Ft

  776 S Broadway, Penrose, CO 81240

  Brand new construction on 4.94 acres in Penrose. This beautifully designed 3-bedroom, 2-bath home features a desirable split-bedroom floor plan that offers privacy and comfort. The spacious primary suite includes an adjoining bathroom with dual vanities, and an expansive tiled shower. The kitchen is equipped with granite countertops, an island with breakfast bar, and plenty of cabinet space,

  Suzi Adamson All Seasons LLC.

  776 S Broadway, Penrose, CO 81240
• 

  

  /31

  $375,000

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

  1110 Q St, Penrose, CO 81240

  1110 Q Street delivers a newer home, usable acreage, and infrastructure already in place for animals, projects, and outdoor living.Built in 2022 and set on a permanent foundation, this 4-bedroom, 2-bath home offers 1,568 square feet of well-designed living space on nearly 10 acres. The open floor plan centers around a spacious kitchen featuring abundant cabinetry, generous counter space, and

  Dana Dahl-Breske Keller Williams Performance Realty

  1110 Q St, Penrose, CO 81240
• 

  

  /48

  $435,000

  • 3 Beds
  • 2 Baths
  • 2,271 Sq Ft

  835 3rd St, Penrose, CO 81240

  This charming three-bedroom, two-bath home, sits proudly on 1.15 sprawling acres and retains its authentic character with original features like wood banisters, vintage wall tiles, and classic brick fire place that evoke a warm, nostalgic feel. Inside, the tri-level floor plan offers comfortable living spaces bathed in natural light, while outside, the expansive grounds provide ample room for

  JONI STEVENS EXIT Elevation Realty

  835 3rd St, Penrose, CO 81240
• 

  

  /50

  $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
• 

  

  /11

  $400,000

  • Land
  • 83.54 Acres
  • $4,788 per Acre

  Lot 6,7 Iron Handle Rd Unit 6,7, Penrose, CO 81240

  This PREMIUM 83.54-acre property BORDERING MILES of BLM land offers an extraordinary blend of rolling meadows, steep forested hillsides, dramatic red rock formations, and breathtaking elevated views of the valley below. Private and secluded, it feels like your own personal Garden of the Gods, with endless opportunities to explore and enjoy the surrounding public lands right from your boundary.

  

  Linda Mattson

  HomeSmart Preferred Realty

  

  Lot 6,7 Iron Handle Rd Unit 6,7, Penrose, CO 81240
• 

  

  /11

  $179,900

  • Land
  • 40.01 Acres
  • $4,496 per Acre

  0 County Road 132 Unit REC8723266, Penrose, CO 81240

  KETTLE CANYON – New 36+ Acre Development!! Be among the first to claim your piece of this stunning new rural development featuring only five 36- 40-acre parcels and one exclusive 80-acre parcel. Lot 2 offers direct access from County Road 132 and includes power already on the property. Enjoy breathtaking panoramic views of the majestic 14,000-foot Sangre de Cristo Mountains and surrounding

  

  Linda Mattson

  HomeSmart Preferred Realty

  

  0 County Road 132 Unit REC8723266, Penrose, CO 81240
• 

  

  /50

  $850,000

  • 4 Beds
  • 3 Baths
  • 4,110 Sq Ft

  86 K St, Penrose, CO 81240

  Exceptional 4 bedroom, 3-bathroom custom log home on 28.4 acres! Surrounded by wide-open space and breathtaking mountain views, this unique log home estate is ideal for those seeking a rural retreat, equestrian property, or multi-use lifestyle. The home showcases quality craftsmanship throughout. The dine in kitchen features beautiful custom cabinetry with crown molding and pull outs, sleek

  Suzi Adamson All Seasons Llc

  86 K St, Penrose, CO 81240
• 

  

  /39

  $235,000

  • 2 Beds
  • 1 Bath
  • 1,116 Sq Ft

  1574 4th St, Penrose, CO 81240

  Tucked back and perched atop, 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 that

  Stephanie Scalfri Homesmart Preferred Realty

  1574 4th St, Penrose, CO 81240
• 

  

  /20

  $275,000

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,092 Sq Ft

  474 Grant St, Penrose, CO 81240

  Charming 3-bedroom, 1.5-bath home in a desirable central Penrose location. Conveniently situated within walking distance of the park, this property features new flooring and fresh interior paint, offering a move-in-ready opportunity. The spacious, fenced backyard offers ample room for outdoor enjoyment and showcases beautiful views. An excellent value with great potential for homeowners and

  Sam Banning Homesmart Preferred Realty

  474 Grant St, Penrose, CO 81240
• 

  

  /61

  $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

  340 12th St, Penrose, CO 81240
• 

  

  /41

  $325,000

  • 3 Beds
  • 1.5 Baths
  • 1,523 Sq Ft

  373 G St, Penrose, CO 81240

  Charming home in Penrose situated on a spacious 0.68-acre lot, offering privacy and room to enjoy the outdoors! There are 3 bedrooms, 2 bathrooms and and office. The kitchen features ample cabinetry with crown molding, tiled backsplash, and stainless-steel appliances. The dining room includes a built-in bar and additional cabinets. Beautiful plank tile throughout. Large living room with a slider

  Suzi Adamson All Seasons LLC

  373 G St, Penrose, CO 81240
• 

  

  /52

  $559,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,058 Sq Ft

  116 Top Notch Trail, Penrose, CO 81240

  Surrounded by mountain views and open skies, this well-maintained ranch-style home offers the convenience of true main-level living on a level, usable property designed for both comfort and flexibility. Daily living is effortless with the primary living areas, laundry, and mechanical systems all located on the main floor. The spacious living room features vaulted ceilings, a gas fireplace, and

  

  Scott Coddington

  Pulse Real Estate Group Llc

  116 Top Notch Trail, Penrose, CO 81240
• 

  

  /50

  $725,000

  • 4 Beds
  • 4 Baths
  • 4,697 Sq Ft

  310 L St, Penrose, CO 81240

  Located in prestigious Apple Valley Estates, the top subdivision in Penrose, this beautiful custom home is one of a kind. Originally built as a private resting place for the owner's clients, it sits on a meticulously manicured, corner rectangular lot featuring a productive apple orchard and irrigated grass hay fields, perfect for the hobby farmer. The grounds showcase mature fruit trees, tall

  

  Tyson Cool

  Properties Of Colorado CC

  310 L St, Penrose, CO 81240
• 

  

  /43

  $775,000

  • 2 Beds
  • 2 Baths
  • 1,264 Sq Ft

  8200 County Road 132, Penrose, CO 81240

  Situated on over 73 acres across two parcels, this exceptional Colorado ranch property offers a rare combination of privacy, recreation, and future development potential. The cozy 2-bedroom, 2-bath ranch home features a covered front deck with stunning views of Table Mountain and the Beaver Creek Wilderness Area, a grid-tied solar system for low utility costs, and a newer pellet stove for

  

  Linda Mattson

  Homesmart Preferred Realty

  8200 County Road 132, Penrose, CO 81240
• 

  

  /35

  $519,999

  • 3 Beds
  • 2 Baths
  • 1,794 Sq Ft

  1747 16th St, Penrose, CO 81240

  Welcome home to this beautifully updated stucco ranch-style property situated on 10 peaceful acres in Penrose, Colorado. Offering 3 bedrooms and 2 bathrooms, this home combines modern upgrades with country charm and exceptional energy efficiency.Inside, you'll find fresh paint, updated ceiling fans, smart lighting, and a fully remodeled bathroom. Major system updates provide peace of mind,

  Coreena Dones The Cutting Edge

  1747 16th St, Penrose, CO 81240
• 

  

  /12

  $400,000

  • Land
  • 83.54 Acres
  • $4,788 per Acre

  Lots 6.7 Iron Handle Rd, Penrose, CO 81240

  This PREMIUM 83.54-acre property BORDERING MILES of BLM land offers an extraordinary blend of rolling meadows, steep forested hillsides, dramatic red rock formations, and breathtaking elevated views of the valley below. Private and secluded, it feels like your own personal Garden of the Gods, with endless opportunities to explore and enjoy the surrounding public lands right from your boundary.

  

  Linda Mattson

  Homesmart Preferred Realty

  Lots 6.7 Iron Handle Rd, Penrose, CO 81240
• 

  

  /15

  $179,900

  • Land
  • 39.01 Acres
  • $4,612 per Acre

  TBD Lot 3 Iron Handle Rd, Penrose, CO 81240

  -Kettle Canyon – New 36-40+ Acre Development Be among the first to claim your piece of this stunning new rural development featuring only five 36+acre parcels and one exclusive 80-acre parcel, all with BLM access. Lot 3 offers direct access from County Road 132 or Iron Handle Road and includes power already on the property. Enjoy breathtaking panoramic views of the majestic 14,000-foot Sangre de

  

  Linda Mattson

  Homesmart Preferred Realty

  TBD Lot 3 Iron Handle Rd, Penrose, CO 81240
• 

  

  /15

  $179,900

  • Land
  • 40.01 Acres
  • $4,496 per Acre

  TBD Lot 2 County Road 132, Penrose, CO 81240

  Public Remarks: Kettle Canyon – New 36+ Acre Development Be among the first to claim your piece of this stunning new rural development featuring only five 36- 40-acre parcels and one exclusive 80-acre parcel. Lot 2 offers direct access from County Road 132 and includes power already on the property. Enjoy breathtaking panoramic views of the majestic 14,000-foot Sangre de Cristo Mountains and

  

  Linda Mattson

  Homesmart Preferred Realty

  TBD Lot 2 County Road 132, Penrose, CO 81240
• 

  

  /14

  $179,900

  • Land
  • 40.02 Acres
  • $4,495 per Acre

  TBD Lot 1 County Road 132, Penrose, CO 81240

  Kettle Canyon – New 36+ Acre DevelopmentBe among the first to claim your piece of this stunning new rural development featuring only five 36-40-acre parcels and one exclusive 80-acre parcel.Lot 1 offers direct access from County Road 132 and includes power already on the property and access to BLM. Enjoy breathtaking panoramic views of the majestic 14,000-foot Sangre de Cristo Mountains

  

  Linda Mattson

  Homesmart Preferred Realty

  TBD Lot 1 County Road 132, Penrose, CO 81240
• 

  

  /38

  $269,900

  $5K PRICE DROP

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

  550 4th St, Penrose, CO 81240

  Welcome to this well-maintained manufactured home set on a spacious one-acre lot in Penrose, Colorado, with Public/City Water offering endless possibilities for your rural lifestyle. With a convenient circular driveway and some cross-fencing already in place, this property provides an ideal setting for your aspirations—whether it’s raising animals, tending to horses, or having a spot for all of

  Nick Sartori Real Broker, LLC

  550 4th St, Penrose, CO 81240
• 

  

  /41

  $495,000

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,524 Sq Ft

  575 11th St, Penrose, CO 81240

  Horse property with nearly four acres, mountain views, and room for RVs, animals, and hobbies—this Penrose property offers the space and freedom many buyers are searching for. Located just 35 minutes from Colorado Springs and about 25 minutes to Pueblo or Cañon City, you can enjoy peaceful rural living while staying close to city conveniences. The attractive stucco home welcomes you with a

  Wendy Weber 6035 Real Estate Group, LLC

  

  575 11th St, Penrose, CO 81240
• 

  

  /57

  $660,000

  • 4 Beds
  • 2 Baths
  • 4,999 Sq Ft

  855 5th St, Penrose, CO 81240

  Welcome to your Colorado dream home, a stunning 4-bedroom, 2-bath residence in Penrose that perfectly blends luxury living with unparalleled business potential. This property is a rare find for entrepreneurs and business owners, featuring a massive 2,057 sq. ft. climate-controlled workshop with dual mini-split units, a commercial roll-up door, and multiple 20-amp outlets. It is perfect for a home

  Amber Treadwell REAL Broker, LLC

  855 5th St, Penrose, CO 81240
• 

  

  /15

  $175,000

  • Land
  • 40 Acres
  • $4,375 per Acre

  0 Unknown Unit 3237167, Penrose, CO 81240

  Step into Colorado’s past with this distinctive land parcel in the historic town of Wilbur. A BLM berm-built stock pond brings both function and character, while the terrain unfolds in a natural blend of open grassland and scattered pines. Some areas invite you to wander, others feel tucked away and quiet, creating a setting that works just as well for an off-grid homesite as it does for a

  Travis Fraker Redfin Corporation

  0 Unknown Unit 3237167, Penrose, CO 81240
• 

  

  /15

  $175,000

  • Land
  • 40 Acres
  • $4,375 per Acre

  0 Unknown Unit 5317429, Penrose, CO 81240

  Step into Colorado’s past with this distinctive land parcel in the historic town of Wilbur. A BLM berm-built stock pond brings both function and character, while the terrain unfolds in a natural blend of open grassland and scattered pines. Some areas invite you to wander, others feel tucked away and quiet, creating a setting that works just as well for an off-grid homesite as it does for a

  Travis Fraker Redfin Corporation

  0 Unknown Unit 5317429, Penrose, CO 81240
• 

  

  /8

  $120,000

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

  0 J St, Penrose, CO 81240

  This 5 acre parcel is conveniently located in the heart of Penrose, comes with 5 shares of Beaver Park irrigation with gated irrigation pipes and would be a great lot for a new build with mountain views! No other utilities installed; public water, public gas, public electric, cable, phone, etc. available and are to be installed by buyer. Boundaries are marked and survey recently done and

  Michael D Galpin Galpin Real Estate

  

  0 J 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

  

  Kristi Meyer

  Real Broker, LLC

  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
• 

  

  /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

  $357,000

  $2K PRICE DROP

  • 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
• 

  

  /50

  $409,000

  $16K PRICE DROP

  • 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

  

  Joe Garcia

  Homesmart Preferred Realty

  1144 4th St, Penrose, CO 81240

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