Penrose, CO Homes for Sale

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  /49

  $1,095,000

  • 3 Beds
  • 3 Baths
  • 2,218 Sq Ft

  1115 M St, Penrose, CO 81240

  A truly one of kind property, that is in a class of its own. Custom sprawling rancher with over 2,200 sq. ft. with 3 bedrooms and 3 bathrooms. Here is where the uniqueness begins... Home is situated on 10 acres with 10 shares of Beaver Park Ditch Stock, beautiful landscaping, and a large producing hay field. Purchase includes adjoining 10 acre parcel, and comes with 5 shares of Beaver Park Ditch

  Tim Ritter RE/MAX ROYAL GORGE

  1115 M St, Penrose, CO 81240
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  /15

  $149,000

  • Land
  • 35 Acres
  • $4,225 per Acre

  TBD R St, Penrose, CO 81240

  Are you ready to embrace the beauty of Colorado's serene landscapes and build your dream home? Look no further! This extraordinary 35.27 acre partially fenced property nestled along Hwy 50 and R St in Penrose in the banana belt of Colorado, offers the perfect canvas for your vision. No HOA or covenants, which makes this manufactured/mobile/affordable housing friendly! This property boasts an

  Alyssa Loflin Exp Realty Llc

  TBD R St, Penrose, CO 81240
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  /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
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  /50

  $940,000

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

  321 Bowie Rd, Penrose, CO 81240

  Experience luxurious living in this exceptional stucco custom-built ranch-style residence, boasting a three-car attached garage. This 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, featuring granite countertops, an island with a breakfast

  Cisco Tercero The Tercero Group Realty

  

  321 Bowie Rd, Penrose, CO 81240
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  /46

  $335,000

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

  490 K St, Penrose, CO 81240

  Welcome to this charming 3-bedroom, 1.5-bath home situated on a spacious 1.3-acre lot in Penrose, Colorado. Experience country living paired with the convenience of easy access to Hwy 115, connecting you effortlessly to Cañon City and Colorado Springs. Step inside to discover original hardwood floors in the cozy living room, complemented with a built-in woodburning stove—ideal for those crisp

  Katalena McNew Keller Williams Performance Realty

  490 K St, Penrose, CO 81240
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  /38

  $389,000

  • 2 Beds
  • 2 Baths
  • 1,420 Sq Ft

  181 6th St, Penrose, CO 81240

  Welcome to your serene country retreat! Nestled on 4.75 picturesque acres, this 2-bedroom, 2-bathroom home offers breathtaking views and peaceful rural living with modern comforts. Step inside to a warm and inviting living room featuring expansive windows with solar shades and thriple cell blinds, that frame the beautiful landscape and a cozy pellet stove perfect for chilly evenings. The spacious

  DELLA RIEGER Real Broker, LLC

  181 6th St, Penrose, CO 81240
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  /18

  $224,900

  • Land
  • 10 Acres
  • $22,490 per Acre

  735 M St, Penrose, CO 81240

  Discover the tranquility of this secluded 10-acre homestead offering exceptional off-grid potential and stunning mountain views. The property is fully fenced, providing privacy and security, and features a fully insulated tin shack perfect for year-round living or a much deserved retreat. A framed solar room/greenhouse allows for year-round gardening and reaches nearly 80 degrees even in the cold

  JOHN PAVLICEK BRIDGETOWN REALTY, LLC

  735 M St, Penrose, CO 81240
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  /9

  $225,000

  • Land
  • 0.00 Acre

  1390 K St, Penrose, CO 81240

  The property at 1390 K Street in Penrose, Colorado, offers 2.72 acres of picturesque land. This expansive lot provides ample space for various outdoor activities and potential development. The property includes a substantial shop, ideal for storage, hobbies, or business operations. Located on the corner of highway 50 and 1 mile from from Highway 115, it offers convenient access to Colorado

  Sandy Smith Properties Of Colorado Inc

  1390 K St, Penrose, CO 81240
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  /45

  $380,000

  • 3 Beds
  • 2 Baths
  • 1,456 Sq Ft

  5101 County Road 123, Penrose, CO 81240

  Discover the perfect blend of rural charm and modern amenities on this 9.7-acre parcel near Penrose, Colorado. Zoned AR (Agricultural Residential), this property offers endless possibilities, whether you’re looking for a private retreat, a hobby farm, or a space to build your dream home.Enjoy breathtaking mountain and plains views from your own slice of Colorado paradise. The property features a

  GAYLORD KNEPP Sweet Homes Realty

  5101 County Road 123, Penrose, CO 81240
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  /24

  $125,000

  • Land
  • 35 Acres
  • $3,541 per Acre

  240 Valley Dr, Penrose, CO 81240

  Ready to trade the hustle for the hush of nature? This 35-acre slice of paradise in Penrose is calling your name! Nestled along the peaceful banks of Beaver Creek, this property offers a great buildable site, complete with a well already in place and a couple of bonus structures on the property. Whether you're dreaming of a cozy cabin, a modern farmhouse, or a getaway retreat, your vision to can

  Katalena McNew Keller Williams Performance Realty

  240 Valley Dr, Penrose, CO 81240
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  /25

  $620,000

  • 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
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  /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
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  /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
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  /37

  $400,000

  • 3 Beds
  • 2 Baths
  • 1,626 Sq Ft

  44 3rd St, Penrose, CO 81240

  Welcome to your own slice of Southwest charm! This beautifully remodeled Santa Fe-style ranch home sits on a spacious and level 3.45-acre lot—offering peaceful views, room to grow, and endless possibilities, including space for a future detached garage or workshop.Located just 3 miles from Brush Hollow Reservoir, 8 miles from Four Mile Golf Course, and 12 miles from Canon City, this home offers

  Alexandria Hopper HomeSmart

  44 3rd St, Penrose, CO 81240
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  /2

  $70,000

  • Land
  • 2.84 Acres
  • $24,613 per Acre

  48 Tumbleweed Trail, Penrose, CO 81240

  Amazing 2.8 acre corner lot in Top Rail Ranch Estates with great mountain views is the perfect place to build your forever dream home. White rail fence close to Canon City, Pueblo and Colorado Springs. Seller has never lived on the property and will not be providing a Property Disclosure. Buyer(s) to verify covenants, square footage, zoning and utilities. Seller is related to his agent.

  Dave Mauro Sun Mesa

  48 Tumbleweed Trail, Penrose, CO 81240
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  /5

  $230,000

  • 3 Beds
  • 2 Baths
  • 1,512 Sq Ft

  965 J St, Penrose, CO 81240

  The original house on the block, this 1920 1.5 story brick charmer has 5 acres and all the potential to flip, renovate and stay, enjoy a cozy homestead, bed and breakfast or Airbnb! Bring your imagination to tweak the layout or shine it up to its original glory! As you pull up into the circle driveway, you are greeted by a picket fence gate with a well maintained garden. The open front porch that

  Alyssa Loflin Exp Realty Llc

  965 J St, Penrose, CO 81240
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  /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
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  /2

  $50,000

  • Land
  • 0.09 Acre
  • $580,720 per Acre

  000 Vietnam Veterans Memorial Hwy, Penrose, CO 81240

  SMALL LOT BUT VERY VISIBLE

  Stephen Cool Properties Of Colorado Inc

  000 Vietnam Veterans Memorial Hwy, Penrose, CO 81240
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  /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
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  /41

  $399,900

  • 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
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  /10

  $189,000

  • Land
  • 40 Acres
  • $4,693 per Acre

  475 P St, Penrose, CO 81240

  Scenic Land with Solar Power, Outbuildings & Valley!This 40 acre AG Forest-zoned property offers a rare combination of space, privacy, and potential. Approximately 7 flat acres sit atop a bluff, featuring a 12x65 mobile home shell—a structure ready for renovation or replacement to suit your needs.The property is equipped with solar power, housed in one of two storage outbuildings, along

  Paul Temaat Paul Temaat

  

  475 P St, Penrose, CO 81240
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  /50

  $799,000

  • 4 Beds
  • 2.5 Baths
  • 4,633 Sq Ft

  988 P St, Penrose, CO 81240

  Welcome to your custom-built adobe dream home. When you first enter, you’re greeted with booming ceilings covered with aspen wood and large beams. All the interior doors are solid alder knotty pine with aspen trim. Nine-foot ceilings are carried throughout the rest of the home. This 4633 sq foot home has 4 bedrooms, 2.5 bathrooms, and an additional 3 more flex spaces, one which has its own

  Stephanie Mirowski HomeSmart Preferred Realty

  

  988 P St, Penrose, CO 81240
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  /2

  $80,000

  • Land
  • 3.66 Acres
  • $21,840 per Acre

  1473 M St, Penrose, CO 81240

  Priced $10k below appraisal!!Fontage Visibility off of US-HWY 50! Over 3 acres ready to make your own, zoned business with endless possibilities! Water and electric are nearby on multiple properties for ease on adding. Shared driveway with 2 other properties in place and gated entrance.

  Charla Lloyd Homesmart Preferred Realty

  1473 M St, Penrose, CO 81240
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  /17

  $4,000

  • 5,830 Sq Ft

  1463 M St, Penrose, CO 81240

  For Lease: commercial property off of US-50 with frontage visibility! Can be used for business or personal use. 40x80 shop built in2008 with two 12' automatic bay doors and newly added 14' bay door on the side, and newly spray foam insulated! 50/50solar/electric for low electric bills. Multi use office/workmans quarters with fresh paint throughout, new exterior lightfixtures, kitchen with brand

  Charla Lloyd Homesmart Preferred Realty

  1463 M St, Penrose, CO 81240
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  /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
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  /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
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  /21

  $125,000

  • 2 Beds
  • 2 Baths
  • 840 Sq Ft

  350 3rd St, Penrose, CO 81240

  Country living in this 2 bed, 1 and 1/2 bath single wide on 1 acre in Penrose. Paved 3rd St. location for convenient commute to Colorado Springs, Canon City and Pueblo are equally accessible. Brush Hollow very close for a recreational getaway. Some finishing touches are needed, such as flooring, or consider buying for new construction, as the mobile is not purged. cash buyers only please. ,

  Dale Gagas COLORADO LIFESTYLE PROPERTY & AUCTION

  350 3rd St, Penrose, CO 81240
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  /3

  $750,000

  • Land
  • 160 Acres
  • $4,688 per Acre

  TBD Hwy 115, Penrose, CO 81240

  160 acres of PRIVATE paradise. Year round water full of trout and bordered by public lands including Beaver Creek Wilderness area, state of Colorado, and BLM land. Several building sites for "off-the-grid" living. Convenient location for Colorado Springs, Pueblo, or Canon City commuting. The property has historical significance and an important story from over a hundred years ago. Agricultural

  Brandon Angel Keller Williams Performance Realty

  TBD Hwy 115, Penrose, CO 81240
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  /7

  $375,000

  • Land
  • 104 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.

  RICHARD ARCHER APM Realty LLC

  0 Highway 50, Penrose, CO 81240
• 

  

  /7

  $795,000

  • 2,982 Sq Ft

  15560 Colorado 115, Penrose, CO 81240

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

  Brandon Angel Keller Williams Performance Realty

  15560 Colorado 115, Penrose, CO 81240
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  /3

  $150,000

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

  0 Highway 115, Penrose, CO 81240

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

  Roger McKissack Prime Realty Sales, Inc.

  0 Highway 115, Penrose, CO 81240
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  /20

  $99,900

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

  TBD Rimrock Terrace, Penrose, CO 81240

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

  Nick Sartori Real Broker, LLC

  TBD Rimrock Terrace, Penrose, CO 81240
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  /24

  $469,900

  • 5,830 Sq Ft

  1463 M St, Penrose, CO 81240

  Priced below appraisal value! Commercial property off of US-50 with frontage visibility & gated entrance! Can be used for business or personal use. 40x80 shop built in2008 with two 12' automatic bay doors and newly added 14' bay door on the side, and newly spray foam insulated! 50/50solar/electric for low electric bills. Multi use office/workmans quarters with fresh paint throughout, new exterior

  Charla Lloyd Homesmart Preferred Realty

  1463 M St, Penrose, CO 81240
• 

  

  /41

  $397,000

  • 3 Beds
  • 1.5 Baths
  • 2,285 Sq Ft

  1153 K St, Penrose, CO 81240

  Welcome to this charming horse property in picturesque Penrose, Colorado. This delightful home features a beautifully remodeled open floor plan with three bedrooms and one and a half baths - perfect for cozy country living. With two shares of Beaver Park Irrigation, a quaint barn, a storage shed, and a two-car detached garage, this property offers endless possibilities. Enjoy breathtaking

  Keely Smith CUSTER COUNTY REALTY, INC.

  1153 K St, Penrose, CO 81240
• 

  

  /50

  $690,000

  • 4 Beds
  • 2.5 Baths
  • 1,800 Sq Ft

  303 Grazing Bit Trail, Penrose, CO 81240

  Beautiful rancher, four-bedroom, three-bath home sits on 40 acres in Penrose, Colorado, offering breathtaking mountain views. Recent improvements include a fully insulated and heated shed, encapsulated crawl space, and updated plumbing and electrical wiring. The house features a new roof with vents, new flooring, and updated fixtures throughout. Additional bedroom, and bathroom added with

  Kathryn Nabors NaborHood Homes

  303 Grazing Bit Trail, Penrose, CO 81240
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  /6

  $49,900

  • Land
  • 0.44 Acre
  • $113,409 per Acre

  235 7th Ave, Penrose, CO 81240

  This business zoned property has a water tap installed and is ready for you! The possibility are endless, want to build a business, automobile service station, bake shop, Daycare, Car wash, Convenient Store? Take a look at this property today.

  SANDRA JETER Jeter Real Estate

  235 7th Ave, Penrose, CO 81240
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  /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
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  /44

  $350,000

  • 3 Beds
  • 1 Bath
  • 1,246 Sq Ft

  555 3rd St, Penrose, CO 81240

  Come see this charming, recently remodeled 3-bedroom, 1-bathroom home located on a 4+ acre property in Penrose! Built in 1914, this home has a cozy farmhouse feel and no HOA or covenants. Enter through the covered front porch into a large living room filled with plenty of windows for that warm, natural lighting. Next, you'll step into the kitchen with breakfast nook, a full bathroom, and a

  Shari Weissman Exp Realty Llc

  555 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
• 

  

  /41

  $359,000

  • 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

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