Penrose, CO Homes for Sale under $500,000

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

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

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

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

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.

LOTS OF SPACE SITTING ON 10 ACRES. A LARGE SHOP AND OUTBUILDINGS PERFECT FOR ALL YOUR HOBBIES.

Jeff Divelbiss RE/MAX Of Pueblo Inc

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

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

Peaceful Colorado Retreat with Mountain Views w/2026 February appraisal for $310,500.00. 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

Blake Wertz Your Castle Realty LLC

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

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

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

Andrew James Weber Home at 6035 LLC

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

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

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

Endless Possibilities on 9 Acres in Penrose! Discover the perfect blend of country living and future opportunity. Situated on approximately 9 acres, this property offers abundant space for horses, hobby farming, recreation, or simply enjoying the peaceful Colorado lifestyle with panoramic mountain and rural views. Beyond its existing residential appeal, this property presents exciting investment

Roselle Campbell Fathom Realty Colorado LLC