16

Penrose, CO Homes for Sale under $700,000

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  • /50

    $550,000

    $20K 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

    Agent Photo

    Scott Coddington

    Pulse Real Estate Group LLC

    116 Top Notch Trail, Penrose, CO 81240
  • /45

    $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.

    Agent Photo

    Linda Mattson

    Homesmart Preferred Realty

    Lots 6.7 Iron Handle Rd, Penrose, CO 81240
  • /42

    $600,000

    $45K PRICE DROP
    • 4 Beds
    • 3.5 Baths
    • 3,445 Sq Ft

    1000 S St, Penrose, CO 81240

    Set on 9 picturesque acres in Penrose, this spacious two-story home offers the perfect balance of peaceful country living and modern convenience. Whether you're looking to start a hobby ranch, enjoy wide-open spaces, or simply embrace a quieter lifestyle, this property delivers the flexibility and room you've been searching for.With 3,455 finished square feet, the home features 4

    Agent Photo

    Kristi Meyer

    Real Broker, LLC DBA Real

    1000 S St, Penrose, CO 81240
  • /39

    $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.

    Agent Photo

    Linda Mattson

    HomeSmart Preferred Realty

    Lot 6,7 Iron Handle Rd Unit 6,7, Penrose, CO 81240
  • /49

    $499,910

    • 2 Beds
    • 2 Baths
    • 3,022 Sq Ft

    107 Bowie Rd, Penrose, CO 81240

    Welcome to “LA MILPA,” a truly one-of-a-kind Earthship home on 40.23 private acres in Penrose! Built in 1994, this remarkable 3,022 sq ft home with 2 bedrooms, 1 full & 1 three-quarter bath blends passive-solar design, earth-sheltered construction and renewable energy with warm Southwestern character with A NEW ROOF TO BE INSTALLED! A long wall of south-facing glass fills the home with natural

    Joann Grenard Home Town Real Estate Of Canon City

    107 Bowie Rd, Penrose, CO 81240
  • /47

    $470,000

    $7K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,800 Sq Ft

    2050 15th St, Penrose, CO 81240

    Welcome to spacious Colorado living in desirable Top Rail Ranch Estates in the town of Penrose! Situated on 2.79 acres, this well-appointed ranch-style home offers comfortable one-level living with 3 bedrooms, 2 bathrooms, an attached 2-car garage, and plenty of room to enjoy the outdoors. Built in 2007, the home features a thoughtfully designed split-bedroom floor plan, with the private primary

    Allison Fuhrman Homesmart Preferred Realty

    2050 15th St, Penrose, CO 81240
  • /21

    $650,000

    • 2 Beds
    • 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
  • /50

    $465,000

    $85K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,845 Sq Ft

    1335 Apple Ln, Penrose, CO 81240

    Fantastic, irrigated property that is also zoned for horses would be perfect for a hobby farm or to just enjoy the privacy and quiet on this beautiful property. This acreage home has irrigated 5.13 acres with a large RV garage (complete w/ RV outlet), a detached 2-car garage plus a carport, an insulated shed/shop with electricity, and Solar Panels (paid off). This property has everything you

    Valerie Ochsendorf Valor Properties, LLC

    1335 Apple Ln, Penrose, CO 81240
  • /41

    $699,900

    • 3 Beds
    • 2 Baths
    • 2,950 Sq Ft

    1400 K St, Penrose, CO 81240

    Updated Brick Rancher on 9.44 Acres with Water Rights & Horse Facilities. Welcome to this beautifully updated brick rancher offering just under 3,600 finished square feet across two parcels totaling 9.44 acres. The open-concept main level features gleaming hardwood floors throughout and a stunning kitchen with granite countertops, tile backsplash, custom cabinetry, black stainless appliances, and

    Leanne Whitman RE/MAX Associates

    1400 K St, Penrose, CO 81240
  • /49

    $699,900

    • 3 Beds
    • 2 Baths
    • 2,950 Sq Ft

    1400 & 1442 K St, Penrose, CO 81240

    Updated Brick Rancher on 9.44 Acres with Water Rights & Horse Facilities. Welcome to this beautifully updated brick rancher offering just under 3,600 finished square feet across two parcels totaling 9.44 acres. The open-concept main level features gleaming hardwood floors throughout and a stunning kitchen with granite countertops, tile backsplash, custom cabinetry, black stainless appliances, and

    Leanne Whitman RE/MAX Associates

    1400 & 1442 K St, Penrose, CO 81240
  • /35

    $509,999

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

    1747 16th St, Penrose, CO 81240

    Welcome to your own private Colorado retreat! Nestled on 10 peaceful acres in Penrose, this beautifully updated 3-bedroom, 2-bath stucco ranch offers the perfect blend of modern comfort, energy efficiency, and country living.Step inside to discover fresh interior paint, updated ceiling fans, smart lighting, and a beautifully remodeled bathroom. Major system upgrades provide lasting value

    Coreena Dones The Cutting Edge

    1747 16th St, Penrose, CO 81240
  • /43

    $490,000

    $10K 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

    Andrew James Weber Home at 6035 LLC

    575 11th St, Penrose, CO 81240
  • /50

    $530,000

    $10K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,952 Sq Ft

    855 Marilyn Dr, Penrose, CO 81240

    If you’re searching for horse property in Penrose, Colorado with acreage, barn, and usable land, this property at checks all the boxes. Situated on 3 acres of fully usable land, this Colorado horse property is already set up for animals with fenced pasture, a barn, horse sheds, and room for additional corrals or riding areas.The home offers 2,952 total finished square feet, including 1,476

    John Liese Keller Williams Clients Choice Realty

    855 Marilyn Dr, 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 Sweet Homes Realty

    340 12th St, Penrose, CO 81240
  • /49

    $485,000

    • 3 Beds
    • 2 Baths
    • 1,786 Sq Ft

    1407 Top Notch Trail, Penrose, CO 81240

    This custom-built home offers a spacious, open floor plan with plenty of warmth and character throughout. Beautiful eucalyptus wood floors, solid six-panel doors, and cathedral ceilings give the main living areas an open and inviting feel. The large kitchen features rustic hickory cabinets, granite countertops, a pantry, and plenty of room to cook and gather. The primary suite includes a walk-in

    Carla Braddy Real Broker, LLC DBA Real

    1407 Top Notch Trail, Penrose, CO 81240
  • /57

    $630,000

    $30K PRICE DROP
    • 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 DBA REAL

    855 5th St, Penrose, CO 81240

Home Price Trends

Median Sale Price
$435,000
Median Single Family Sale Price
$485,000
Median 2 Bedroom Sale Price
$275,000
Median 1 Bedroom Sale Price
$448,500
Average Price Per Sq Ft
$255
Number of Homes for Sale
16
Last 12 months Home Sales
86
Months of Supply
3.30
Median List Price
$447,450
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
13%
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