
1893 County Road 127 Penrose, CO 81240
Estimated payment $4,560/month
Highlights
- Popular Property
- Mountain View
- 4 Car Garage
- 39.09 Acre Lot
- Ranch Style House
- Ramped or Level from Garage
About This Home
Nestled just outside the city, this wonderful 4,405 SF home offers the perfect blend of peaceful country living and easy access to city amenities and employment. Built in 1992, the home features 4 spacious bedrooms and 3.5 baths. The finished basement includes a second kitchen, creating a private apartment-style space ideal for guests or multigenerational living. The main kitchen is generous in size and equipped with granite countertops, stainless steel appliances, and a breakfast bar—perfect for casual meals. A giant dining area is perfect for large holidays, and a massive pantry offers storage space that could last through anything—even a zombie apocalypse! Enjoy efficient heating and cooling with baseboard hot water heat, three mini-split units, and a cozy pellet stove. The sunroom invites you to grow plants year-round or simply relax with a book in natural light. Outside, unwind in the hot tub (negotiable with the sale) and enjoy the rare convenience of having both city water for the home and an agricultural well for irrigation and livestock. The property also includes an attached garage, a huge, detached garage with a workshop, a chicken coop, and a loafing shed—ideal for hobby farming or rural projects. Situated on 38 acres with varied terrain you can bring all of your furry friends, enjoy private ATV/walking/equestrian trails or just delight in the privacy that this acreage creates. If 38 acres isn't enough, do not fret! Just a few parcels away you will find hundreds of acres of state land and Brush Hollow Reservoir is just a quick ride away providing fishing and outdoor joy. This property truly lets you live the country dream while staying close to your city job. Enjoy commuting from this property driving the beautiful and relaxing mostly traffic free road which is so much better than fighting the City traffic when commuting from the Northern areas of Colorado Springs! Great home to use to a vacation rental with ample space for large parties!
Listing Agent
HomeSmart Preferred Realty Brokerage Phone: (719) 582-1046 Listed on: 05/25/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,651
Year Built
- Built in 1992
Parking
- 4 Car Garage
- Workshop in Garage
- Garage Door Opener
Home Design
- Ranch Style House
- Shingle Roof
- Wood Siding
Interior Spaces
- 4,405 Sq Ft Home
- Mountain Views
Kitchen
- Oven
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Partial Basement
Schools
- Penrose Elementary School
- Florence Middle School
- Florence High School
Utilities
- Central Air
- Baseboard Heating
- Hot Water Heating System
- 220 Volts
- Propane
- 1 Water Well
Additional Features
- Ramped or Level from Garage
- 39.09 Acre Lot
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $3,303 | $48,978 | $0 | $0 |
2023 | $3,303 | $45,293 | $0 | $0 |
2022 | $2,789 | $38,718 | $0 | $0 |
2021 | $2,825 | $39,832 | $0 | $0 |
2020 | $1,946 | $32,160 | $0 | $0 |
2019 | $1,635 | $26,874 | $0 | $0 |
2018 | $1,349 | $22,237 | $0 | $0 |
2017 | $1,352 | $22,237 | $0 | $0 |
2016 | $1,479 | $24,330 | $0 | $0 |
2015 | $1,460 | $24,330 | $0 | $0 |
2012 | $1,425 | $21,877 | $4,776 | $17,101 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/23/2025 07/23/25 | For Sale | $799,000 | 0.0% | $181 / Sq Ft |
07/23/2025 07/23/25 | Off Market | $799,000 | -- | -- |
07/08/2025 07/08/25 | Price Changed | $799,000 | -2.0% | $181 / Sq Ft |
06/06/2025 06/06/25 | Price Changed | $815,000 | -3.0% | $185 / Sq Ft |
05/03/2025 05/03/25 | For Sale | $840,000 | -- | $191 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Legacy Title Group | |
Warranty Deed | $520,000 | Stewart Title | |
Warranty Deed | $325,000 | Stewart Title | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $60,000 | New Conventional | |
Open | $455,817 | VA | |
Closed | $463,162 | VA | |
Previous Owner | $250,000 | New Conventional |
About the Listing Agent

Shelley has been involved in real estate her whole life. Her father practiced real estate and after she graduated college, she decided to follow in his footsteps. Shelley is licensed in multiple states and has worked in many types of markets. She used to type HUD contracts on a typewriter with carbon copy contracts (no mistakes allowed!). Shelley and her husband used to run a new construction company. They have bought and sold many homes and she has helped numerous families buy and sell homes.
Shelley's Other Listings
Source: Pikes Peak REALTOR® Services
MLS Number: 1640437

APN: 000098804304
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