770 Cedar Hills Rd Penrose, CO 81240
Estimated payment $3,781/month
Highlights
- 20.52 Acre Lot
- 3 Car Detached Garage
- Double Pane Windows
- Wood Flooring
- Fireplace
- Concrete Porch or Patio
About This Home
Calling all hobby farmers, outdoor enthusiasts, homesteaders or anyone seeking privacy with all the modern comforts.
Updated in 2025, this spacious 1.5 story home is a blend of modern upgrades and rural charm and sits on 20+ private acres backing to almost 900 acres of state land, and just minutes from Brush Hollow Reservoir and Penrose Commons ATV Park. The well-designed interior features a fully remodeled kitchen with quartz countertops, custom cabinetry, waterproof laminate flooring, and new appliances including an induction cooktop and convection oven. The main-level primary ensuite includes a luxurious 5-piece bath with a soaker tub and newly tiled shower. The main floor also features solid hickory floors and a pellet stove for supplemental heat and a cozy atmosphere. The three additional bedrooms include hidden storage/play areas behind the bookshelves. The upstairs living area offers skylights for additional natural lighting and beautiful built-in bookcases. These are just a few of the many special features this home has to offer!
In addition, energy-efficient upgrades have been installed including a new heat pump HVAC, 80-gallon heat pump water heater, new insulation, and a whole home circulation fan to help increase energy efficiency.
Just a few of the many exterior highlights include views of Pikes Peak and the Sangre de Cristo Mountains, a fully fenced backyard (separate from the areas fenced for animals), wraparound concrete patio with pergola, raised garden beds, greenhouse. Multiple outbuildings include a 45'x54' Cleary building with stalls, chicken coop, loafing shed, carport, and 18' x 21' metal shed. An oversized 3-car garage offers additional space for tools and toys or workshop area. This property is zoned for horses/livestock and is located 30 mins from Colorado Springs, 20 mins from Canon City and 30 mins from Pueblo.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,222
Year Built
- Built in 1999
Lot Details
- 20.52 Acre Lot
- Property is Fully Fenced
Home Design
- Wood Frame Construction
- Stucco Exterior
Interior Spaces
- 2,290 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Convection Oven
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- 3 Car Detached Garage
- Garage Door Opener
- Gravel Driveway
Schools
- Penrose Elementary School
Utilities
- Central Air
- Heat Pump System
- Pellet Stove burns compressed wood to generate heat
- Propane
- 1 Water Well
- Public Septic
Additional Features
- Ramped or Level from Garage
- Concrete Porch or Patio
Listing and Financial Details
- Assessor Parcel Number 99804429
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 | $2,222 | $34,158 | $0 | $0 |
| 2023 | $2,222 | $30,473 | $0 | $0 |
| 2022 | $2,041 | $28,333 | $0 | $0 |
| 2021 | $2,067 | $29,149 | $0 | $0 |
| 2020 | $1,487 | $24,575 | $0 | $0 |
| 2019 | $1,397 | $22,962 | $0 | $0 |
| 2018 | $1,260 | $20,779 | $0 | $0 |
| 2017 | $1,263 | $20,779 | $0 | $0 |
| 2016 | $1,366 | $22,480 | $0 | $0 |
| 2015 | $1,349 | $22,480 | $0 | $0 |
| 2012 | $1,206 | $18,527 | $4,083 | $14,444 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Price Changed | $674,900 | -0.5% | $295 / Sq Ft |
| 07/23/2025 07/23/25 | For Sale | $678,500 | 0.0% | $296 / Sq Ft |
| 07/23/2025 07/23/25 | Off Market | $678,500 | -- | -- |
| 07/03/2025 07/03/25 | Price Changed | $678,500 | -2.9% | $296 / Sq Ft |
| 05/15/2025 05/15/25 | For Sale | $698,500 | -- | $305 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $372,500 | None Available | |
| Deed | $377,500 | None Available | |
| Warranty Deed | $285,000 | Fidelity National Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $292,500 | New Conventional | |
| Closed | $298,000 | New Conventional | |
| Previous Owner | $350,000 | New Conventional | |
| Previous Owner | $285,000 | VA | |
| Previous Owner | $180,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $64,000 | Unknown | |
| Previous Owner | $30,000 | Future Advance Clause Open End Mortgage |
Source: Royal Gorge Association of REALTORS®
MLS Number: 3381906
APN: 000099804429
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