685 7th St Penrose, CO 81240
Penrose AreaEstimated payment $1,532/month
Highlights
- Very Popular Property
- Property is near schools
- Evaporated cooling system
- Ranch Style House
- Forced Air Heating System
- Garage
About This Home
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 potential. With its location and generous acreage, buyers may wish to explore the possibility of subdivision or future commercial development, subject to Fremont County planning, zoning, and approval requirements. Whether you're looking for a private estate, an income-producing investment, or land with long-term upside, this property offers flexibility that is becoming increasingly difficult to find.
Conveniently located with easy access to Highway 50 and Colorado Springs, Penrose continues to experience steady growth, making this a unique opportunity to own acreage with both immediate enjoyment and future potential.
Buyer to verify all information, including zoning, land use, subdivision potential, and any future development possibilities with Fremont County.
Listing Agent
Fathom Realty Colorado LLC Brokerage Phone: 888-455-6040 Listed on: 08/13/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1975
Home Design
- Ranch Style House
- Rolled or Hot Mop Roof
- Stucco
Kitchen
- Oven
- Range
Parking
- Garage
- Carport
- Gravel Driveway
Schools
- Florence High School
Utilities
- Evaporated cooling system
- Forced Air Heating System
- Natural Gas Connected
Additional Features
- Level Lot
- Property is near schools
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,198 | $16,089 | ||
| 2024 | $1,198 | $17,638 | $0 | $0 |
| 2023 | $957 | $7,096 | $0 | $0 |
| 2022 | $591 | $8,107 | $0 | $0 |
| 2021 | $598 | $8,340 | $0 | $0 |
| 2020 | $428 | $6,971 | $0 | $0 |
| 2019 | $430 | $6,971 | $0 | $0 |
| 2018 | $402 | $6,529 | $0 | $0 |
| 2017 | $403 | $6,529 | $0 | $0 |
| 2016 | $440 | $7,130 | $0 | $0 |
| 2015 | $435 | $7,130 | $0 | $0 |
| 2012 | $522 | $7,900 | $5,373 | $2,527 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2026 08/01/26 | For Sale | $269,900 | -- | $179 / Sq Ft |
Source: elevateMLS
MLS Number: 7815816
APN: 000069007000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.
- 523 E 3rd St Unit 523 E 3rd Street
- 104 E Main St
- 129 W 2nd St
- 549 W Main St
- 230 Indian Hills Rd Unit Apartment
- 1502 Locust St
- 824 N Raynolds Ave
- 2810 Melvina St
- 2107 Florence Ave Unit 2109
- 2160 Washington St
- 1513 Greenwood Ave
- 1120 1/2 S 9th St
- 835 Bridge St Unit 835 Bridge Unit 1
- 1126 Rudd Ave
- 1177 Harding Ave Unit 1177 Harding 1
- 803 Phay Ave
- 714 Woodlawn Ave
- 311 Macon Ave Unit 311 Macon Ave 1
- 408 Rudd Ave
- 201 Macon Ave Unit 201 Macon 2
Ask me questions while you tour the home.