21

Penrose, CO Homes for Sale under $200,000

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  • /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

    Agent Photo

    Linda Mattson

    Homesmart Preferred Realty

    TBD Lot 2 County Road 132, Penrose, CO 81240
  • /14

    $179,000

    • Land
    • 36.18 Acres
    • $4,947 per Acre

    TBD Lot 5 Iron Handle Rd, 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-acre parcels and one exclusive 80-acre parcel. Lot 5 offers access from County Road 132 onto Iron Handle Road and will now has power installed. It has pinons, junipers and rolling grass with unique red rock formations to explore. Enjoy

    Agent Photo

    Linda Mattson

    Homesmart Preferred Realty

    TBD Lot 5 Iron Handle Rd, 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

    Agent Photo

    Linda Mattson

    HomeSmart Preferred Realty

    0 County Road 132 Unit REC8723266, Penrose, CO 81240
  • /12

    $179,000

    • Land
    • 36.17 Acres
    • $4,949 per Acre

    4 Lot Iron Handle Rd, 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-acre parcels and one exclusive 80-acre parcel. Lot 4 BORDERS BLM and underground power has been installed.. Enjoy breathtaking panoramic views of the majestic 14,000-foot Sangre de Cristo Mountains and surrounding tree-covered peaks in one of Colorado’s

    Agent Photo

    Linda Mattson

    HomeSmart Preferred Realty

    4 Lot Iron Handle Rd, 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

    Agent Photo

    Linda Mattson

    Homesmart Preferred Realty

    TBD Lot 1 County Road 132, Penrose, CO 81240
  • /26

    $179,000

    • Land
    • 36.17 Acres
    • $4,949 per Acre

    TBD Lot 4 Iron Handle Rd, 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-acre parcels and one exclusive 80-acre parcel. Lot 4 BORDERS BLM and underground power has been installed.. Enjoy breathtaking panoramic views of the majestic 14,000-foot Sangre de Cristo Mountains and surrounding tree-covered peaks in one of Colorado’s

    Agent Photo

    Linda Mattson

    Homesmart Preferred Realty

    TBD Lot 4 Iron Handle Rd, 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

    Agent Photo

    Kerri Kilgore

    Realty One Group Apex

    35 Top Rail Trail, Penrose, CO 81240
  • /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,

    Agent Photo

    Chris Montoya

    Keller Williams Performance Realty

    15941 Highway 115, 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

    Agent Photo

    Linda Mattson

    Homesmart Preferred Realty

    TBD Lot 3 Iron Handle Rd, 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
  • /24

    $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. No HOA or covenants to allow more uses of the land. Electricity is being install within 330 feet

    Lance Tomar Frontier West Realty

    TBD County Road 123, 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

    $199,000

    $26K PRICE DROP
    • Land
    • 2.72 Acres
    • $73,162 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
  • /20

    $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. No HOA or covenants to allow more uses of the land. Electricity is being installed within 330 feet of

    Lance Tomar Frontier West Realty

    TBD Colorado 67, Penrose, CO 81240
  • /5

    $55,500

    $3K PRICE DROP
    • 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
  • /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
  • /3

    $50,000

    • Land
    • 3,750 Sq Ft
    • $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
  • /25

    $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
  • /3

    $54,500

    $3K PRICE DROP
    • 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
  • /43

    $110,000

    $70K PRICE DROP
    • Land
    • 35 Acres
    • $3,143 per Acre

    TBD County Road 67, Penrose, CO 81240

    Find 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 Road

    Michael Butts Frontier West Realty

    TBD County Road 67, 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

Home Price Trends

Median Sale Price
$415,000
Median Single Family Sale Price
$465,000
Median 2 Bedroom Sale Price
$280,000
Median 1 Bedroom Sale Price
$448,500
Average Price Per Sq Ft
$256
Number of Homes for Sale
26
Last 12 months Home Sales
99
Months of Supply
3.20
Median List Price
$438,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
4%
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