Penrose, CO Homes for Sale

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  /38

  $799,000

  • 4 Beds
  • 3.5 Baths
  • 4,405 Sq Ft

  1893 County Road 127, Penrose, CO 81240

  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

  

  Shelley Keller

  Homesmart Preferred Realty

  (719) 652-5690

  1893 County Road 127, Penrose, CO 81240
• 

  

  

  /41

  $599,000

  • 2 Beds
  • 1 Bath
  • 1,104 Sq Ft

  3325 County Road 132, Penrose, CO 81240

  Discover a rare opportunity to own 117 acres of pristine land, thoughtfully designed for ranch and equine enthusiasts. This property is more than just land and structures—it's the embodiment of an attainable ranch lifestyle, conveniently located near major amenities. As you approach, a serene seasonal stream and pond welcomes you before passing through the main gate. You are met with a

  

  Tyson Cool

  Properties of Colorado Real Estate Inc

  (719) 451-7984

  

  3325 County Road 132, Penrose, CO 81240
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  /30

  $225,000

  • Land
  • 28 Acres
  • $8,047 per Acre

  2 8th St, Penrose, CO 81240

  A DIAMOND in the ROUGH! 27.9 acres with a permitted HOT ARTESIAN WELL (92 degrees) which can be used for Irrigation and medicinal purposes. Was used in the past by many locals for it's healing capabilities. Also has BEAVER CREEK running through the land from north to south for livestock to drink from. Views of the surrounding mountains, could be a solar site or power is about 1/8 of a mile.

  

  Linda Mattson

  Homesmart Preferred Realty

  (719) 280-5767

  2 8th St, Penrose, CO 81240
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  /7

  $170,000

  • Land
  • 8 Acres
  • $20,885 per Acre

  15941 Vietnam Veterans Memorial Hwy, Penrose, CO 81240

  Discover the perfect blend of rural charm and agricultural opportunity with this 8.14-acre parcel located in the heart of Penrose, Colorado. Offering expansive views of the surrounding countryside and Pikes Peak in the distance, this level, usable land is ideal for building your dream home, starting a hobby farm, or investing in Colorado land this property has plenty of space for a custom home,

  

  Chris Montoya

  Keller Williams Performance Realty

  (719) 826-6823

  15941 Vietnam Veterans Memorial Hwy, Penrose, CO 81240
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  /7

  $649,000

  • Land
  • 9 Acres
  • $69,043 per Acre

  934 C St, Penrose, CO 81240

  Discover a rare investment opportunity in Penrose, Colorado, featuring three distinct properties spanning 14.6 acres. These properties can be sold together as a package or separately, offering flexibility for residential, commercial, and agricultural ventures. The motivated seller ensures a compelling value proposition! 1. Commercial Property – Prime Highway 115 Frontage (2.57 Acres) Location:

  

  Tyson Cool

  Properties of Colorado Real Estate Inc

  (719) 416-3179

  

  934 C St, Penrose, CO 81240
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  /50

  $775,000

  • 2 Beds
  • 2 Baths
  • 1,264 Sq Ft

  8200 County Road 132, Penrose, CO 81240

  One of a kind opportunity to own 73+ acres ie two 35+parcels, one has a COZY RANCHER with covered front deck to take in the amazing views of Table Mountain and the BEAVER CREEK WILDERNESS AREA, which has a BEAVER CREEK Trout Steam, all within walking distance. Home is a comfortable 2 bed 2 bath with a SOLAR SYSTEM hooked up to the grid for super low power bills and a NEWER FREE STANDING PELLET

  

  Linda Mattson

  Homesmart Preferred Realty

  (719) 353-6629

  8200 County Road 132, Penrose, CO 81240
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  /2

  $649,000

  • 2 Beds
  • 1 Bath
  • 1,020 Sq Ft

  914 C St, Penrose, CO 81240

  Discover a rare investment opportunity in Penrose, Colorado, featuring three distinct properties spanning 14.6 acres. These properties can be sold together as a package or separately, offering flexibility for residential, commercial, and agricultural ventures. The motivated seller ensures a compelling value proposition! 1. Commercial Property – Prime Highway 115 Frontage (2.57 Acres) Location:

  

  Tyson Cool

  Properties of Colorado Real Estate Inc

  (719) 824-4857

  

  914 C St, Penrose, CO 81240
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  /5

  $375,000

  • Land
  • 104 Acres
  • $3,617 per Acre

  0 Highway 50, Penrose, CO 81240

  Prime US HWY 50 frontage acreage. Former (Reclaimed) gravel pit site. Fully restored to natural beauty. The access from HWY 50 has been updated with CDOT compliant Exit and Crossing lanes! Far away yet close enough to just about everything! Penrose & the Fremont County Airport are less than 5 minutes away, Florence & Canon City are within 10 minutes and Pueblo West/Pueblo are 30 minutes close.

  

  Sylvia Jennings

  BHHS Rocky Mountain, REALTORS

  (719) 745-4920

  0 Highway 50, Penrose, CO 81240
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  /2

  $50,000

  • Land
  • 0.09 Acre
  • $555,556 per Acre

  000 Vietnam Veterans Memorial Hwy, Penrose, CO 81240

  Prime Highway 115 Visibility – Small Lot, Big Opportunity! Don't let the size fool you—this small but mighty lot offers exceptional visibility right off Highway 115, making it a strategic spot for signage, small business potential, or investment. With high traffic exposure and easy access, it's an ideal location to get noticed. Whether you're looking to advertise, build, or hold, this highly

  

  Tyson Cool

  Properties Of Colorado CC

  (719) 417-9057

  000 Vietnam Veterans Memorial Hwy, Penrose, CO 81240
• 

  

  /23

  $199,000

  • 3 Beds
  • 2 Baths
  • 1,216 Sq Ft

  205 Illinois St, Penrose, CO 81240

  Discover this beautifully renovated home in the heart of Penrose, perfect for first-time homeowners or savvy investors. The property features a 6-foot privacy-fenced yard with alley access and a spacious deck ideal for relaxation and entertaining. Inside, you'll find fresh vinyl plank flooring and new paint throughout. The expansive kitchen, complete with a breakfast bar and ample space for a

  

  Tyson Cool

  Properties of Colorado Real Estate Inc

  (719) 689-8780

  

  205 Illinois St, Penrose, CO 81240
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  /28

  $395,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,670 Sq Ft

  772 7th St, Penrose, CO 81240

  Welcome home to this brand new beautiful three bed two full bathroom home on 1.6 acres of land. Entering the home from the covered porch, you are met with a large family room that has tons of windows to showcase the mountain views. Entering into the kitchen, you will find a "mile long" serve across bar island. The kitchen boasts large cabinets and countertop space for all your cooking needs.

  

  Tyson Cool

  Properties Of Colorado CC

  (719) 695-7555

  772 7th St, Penrose, CO 81240
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  /2

  $140,000

  • Land
  • 4.70 Acres
  • $29,787 per Acre

  1442 K St, Penrose, CO 81240

  This parcel is offered exclusively as a package with the adjacent 4.7-acre residential property MLS# 3805885, creating a rare opportunity to own a total of 9.4 irrigated acres in Fremont County. Discover the perfect opportunity to expand your rural lifestyle with this 4.7-acre irrigated parcel just outside Penrose, Colorado. Whether you're seeking more space for livestock, a productive hay

  Tony Greer Keller Williams Performance Realty

  1442 K St, Penrose, CO 81240
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  /40

  $635,000

  • 3 Beds
  • 2 Baths
  • 4,102 Sq Ft

  1400 K St, Penrose, CO 81240

  Updated Brick Ranch on 4.7 Irrigated Acres with Horse Barn with Adjacent Irrigated Parcel Available MLS#6458782, creating a rare opportunity to own a total of 9.4 irrigated acres in Fremont County.This well-maintained brick ranch in Penrose, Colorado, offers move-in-ready comfort on 4.7 irrigated, fenced, and cross-fenced acres—complete with a 30x30 horse barn, small corral, and shade

  Tony Greer Keller Williams Performance Realty

  1400 K St, Penrose, CO 81240
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  /49

  $799,000

  • 4 Beds
  • 3 Baths
  • 3,175 Sq Ft

  39 5th St, Penrose, CO 81240

  Set on 20 picturesque acres, this 3,175 SQFT ranch home blends luxury with country charm, complete with 16 shares of Beaver Park ditch. Designed for both entertaining and everyday comfort, the home offers 4 spacious bedrooms, 2 bathrooms, a designated office space and a gourmet kitchen featuring pine cabinetry, generous countertops, a central island with gas stove, and fireplace. Relax by the

  Katalena McNew Keller Williams Performance Realty

  39 5th St, Penrose, CO 81240
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  /50

  $678,500

  • 4 Beds
  • 2.5 Baths
  • 2,290 Sq Ft

  770 Cedar Hills Rd, Penrose, CO 81240

  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

  KRISTI MEYER Real Broker, LLC

  770 Cedar Hills Rd, Penrose, CO 81240
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  /47

  $1,250,000

  • 8,660 Sq Ft

  708 Fremont St, Penrose, CO 81240

  Rare opportunity to own a historic South Colorado building with a lot of history. It has become a landmark with the Billboard and one of the World's largest Rocking Chairs. One of a kind building with high ceilings, wood beams, and brick. Muriel's inside and out. Many upgrades, including electric, plumbing and roof. It would be a great event center or restaurant with opportunities to make it your

  Sam Banning Homesmart Preferred Realty

  708 Fremont St, Penrose, CO 81240
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  /49

  $500,000

  • 2 Beds
  • 1.5 Baths
  • 1,344 Sq Ft

  21691 County Road 67, Penrose, CO 81240

  Incredible OFF-THE-GRID mountain retreat on 40 acres with BLM land on two sides featuring SOLAR, PROPANE, and NATURAL SPRING. This property allows the hustle and bustle of everyday life to slow down as you soak in the natural beauty of all Colorado has to offer. Tucked away on the land is a two story cabin style home. The main level walks into a covered and heated front porch. Through the front

  Troy MacDonald eXp Realty, LLC

  

  21691 County Road 67, Penrose, CO 81240
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  /60

  $969,900

  • 3 Beds
  • 3 Baths
  • 4,184 Sq Ft

  507 van Egmond Dr, Penrose, CO 81240

  Welcome to this striking adobe-style home tucked behind a gated entrance on 35+ secluded acres in Penrose, Colorado. Surrounded by rolling hills and stunning natural terrain, this Southwestern-inspired residence offers panoramic views, modern comforts, and unmatched privacy--perfect for a primary home, or a Colorado retreat.The home's bold stucco facade and flat rooflines echo classic Pueblo

  Jerrod Meyer Whitetail Properties Real Estate, LLC

  507 van Egmond Dr, Penrose, CO 81240
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  /11

  $699,900

  • 3 Beds
  • 2 Baths
  • 2,812 Sq Ft

  47 Top Rail Trail, Penrose, CO 81240

  Come home to this brand-new 3-Bedroom Luxury Property with expansive views. Discover this stunning new 3-bedroom, 2.5-bathroom home, offering 2,812 sq. ft. of modern luxury on 2 acres of prime horse property. Located just 25 minutes from Fort Carson and Colorado Springs, this home combines functionality with lovely views and contemporary design. Key Features: The gorgeous kitchen is built

  Jon Hatch New Home Star, LLC

  47 Top Rail Trail, Penrose, CO 81240
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  /41

  $799,000

  • 1 Bed
  • 1 Bath
  • 1,180 Sq Ft

  18461 Colorado 115, Penrose, CO 81240

  Custom Solar Home with creek, views and more Escape to your own private wilderness with this unique off-grid solar powered home, nestled on 40 acres of pristine Colorado landscape. This property is surrounded by state and BLM land and offers unmatched privacy, endless recreational oppertunities and direct connection to nature - with an abundance of wildlife right outside your door. Beaver Creek

  Greg Hanson TRELORA Realty

  18461 Colorado 115, Penrose, CO 81240
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  /39

  $565,000

  • 5 Beds
  • 2 Baths
  • 2,893 Sq Ft

  925 2nd St, Penrose, CO 81240

  Set on 15 acres, this move-in-ready property offers a rare blend of character, privacy, and pride of ownership. Most of the interior doors came from the historic Antlers Hotel in Colorado Springs, giving the home a timeless and distinctive feel. Since purchasing, the owners have completed extensive upgrades—too many to list—including a remodeled kitchen and new stucco exterior. The home also

  KAYLA BRADY Homesmart Preferred Realty

  925 2nd St, Penrose, CO 81240
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  /85

  $789,000

  • 4 Beds
  • 4 Baths
  • 6,028 Sq Ft

  1593 Top Notch Trail, Penrose, CO 81240

  Priced well below market with instant equity at closing, this custom 6,800 sq ft, 4 bed, 4 bath home on 2.9 acres is packed with features. The chef's kitchen boasts granite counters, stainless appliances, radiant heat cooktop with pot filler, double ovens, prep sink, soft-close maple cabinets, large island, and breakfast bar. Cozy up by the gas fireplace in the open living room with wet bar, mini

  Dave Mauro Sun Mesa

  1593 Top Notch Trail, Penrose, CO 81240
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  /50

  $537,500

  • 4 Beds
  • 3 Baths
  • 2,952 Sq Ft

  855 Marilyn Dr, Penrose, CO 81240

  Looking for an amazing property? This completely remodeled custom home offers it all! 2952 square feet with 4 bed, 3 bath, 3 car, detached garage/shop sits on a fabulous 3.03-acre parcel. Main level open floor plan features beautiful tile flooring Well-designed kitchen has soft close quality cabinets w/ some pull-outs, breakfast bar appliances are included. Dinning room has a entrance to a

  Dirk Fowler Homesmart Preferred Realty

  855 Marilyn Dr, Penrose, CO 81240
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  /44

  $380,000

  • 3 Beds
  • 2 Baths
  • 1,456 Sq Ft

  5101 County Road 123, Penrose, CO 81240

  The seller agrees to a $10,000 flooring concession! Discover the perfect blend of rural charm and modern amenities on this 9.7-acre parcel near Penrose, Colorado. Zoned AR (Agricultural Residential), this property offers endless possibilities, whether you’re looking for a private retreat, a hobby farm, or a space to build your dream home.Enjoy breathtaking mountain and plains views from

  GAYLORD KNEPP Sweet Homes Realty

  

  5101 County Road 123, Penrose, CO 81240
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  /13

  $75,000

  • Land
  • 10 Acres
  • $7,500 per Acre

  TBD 12th St, Penrose, CO 81240

  Rare 10-Acre Parcel in Penrose, CO!This hard-to-find 10-acre property offers level terrain, making it an ideal homesite that's ready for your dream build. The lot features a cut-in driveway, partial fencing, and nearby access to electricity. Municipal water is available, and the land is agriculturally friendly—perfect for livestock, gardening, or a mini farm. Conveniently located just 5

  MAIA KARVAKKO Homesmart Preferred Realty

  TBD 12th St, Penrose, CO 81240
• 

  

  /23

  $345,400

  • 3 Beds
  • 2 Baths
  • 1,500 Sq Ft

  359 8th St, Penrose, CO 81240

  Welcome to your new home! This stunning new build offers the perfect blend of modern amenities and design, featuring 3 bedrooms, 2 full bathrooms. Nestled within walking distance of Penrose Elementary School, close to Canon City, Pueblo, and Colorado Springs. Step inside to an open concept split bedroom design that seamlessly flows from room to room. The heart of the home boasts large granite

  Louise Young Properties Of Colorado Inc

  359 8th St, Penrose, CO 81240
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  /30

  $375,000

  • 3 Beds
  • 2 Baths
  • 1,740 Sq Ft

  106 Grant St, Penrose, CO 81240

  Welcome to your dream home on a corner lot! This beautifully updated residence features three large, inviting bedrooms and two modern bathrooms. As you enter, you'll be greeted by a spacious, light-filled living area with a wood-burning fireplace. The updated kitchen boasts sleek countertops, stainless steel appliances, and ample cabinet space, which opens to a large dining area. The primary

  The Blickenstaff Group Keller Williams Performance Realty

  106 Grant St, Penrose, CO 81240
• 

  

  /29

  $385,000

  • 3 Beds
  • 2 Baths
  • 1,630 Sq Ft

  12 Grant St, Penrose, CO 81240

  Home sweet home! A perfect home that has a little bit of everything for you and yours! This 3 bedroom, 2 bathroom home is better than new and shows it when you first walk in. Split-bedroom design with large rooms and vaulted ceilings. Master bedroom with full bath en-suite boasting marble surround and double closets. Beautiful vinyl flooring and 2 panel doors, large central living room and

  Brandon Angel Keller Williams Performance Realty

  12 Grant St, Penrose, CO 81240
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  /2

  $70,000

  • Land
  • 2.84 Acres
  • $24,613 per Acre

  48 Tumbleweed Trail, Penrose, CO 81240

  Amazing 2.8 acre corner lot in Top Rail Ranch Estates with great mountain views is the perfect place to build your forever dream home. White rail fence close to Canon City, Pueblo and Colorado Springs. Seller has never lived on the property and will not be providing a Property Disclosure. Buyer(s) to verify covenants, square footage, zoning and utilities. Seller is related to his agent.

  Dave Mauro Sun Mesa

  48 Tumbleweed Trail, Penrose, CO 81240
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  /82

  $467,000

  • 3 Beds
  • 2 Baths
  • 1,911 Sq Ft

  1559 9th St, Penrose, CO 81240

  Beautiful horse property only 20 minutes from Pueblo and Colorado Springs! Discover this unique 3-bedroom, 2-bath A-frame home nestled on 2.23 acres in scenic Penrose, Colorado. It's bigger than you think at 1,911 square feet of inviting living space. This home features a great floorplan, cozy rustic charm, and plenty of room to grow. You'll immediately notice the beautiful beams from floor to

  Tracy Bastian Rocky Mountain Realty

  1559 9th St, Penrose, CO 81240
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  /4

  $110,000

  • Land
  • 3.04 Acres
  • $36,184 per Acre

  219 Top Notch Trail, Penrose, CO 81240

  3+ Acre Horse Property with Arena & Views in Top Rail Ranch, PenroseDiscover wide open skies and breathtaking mountain views on this stunning 3 plus-acre parcel located in the desirable Top Rail Ranch community of Penrose. One of the few remaining open building lots in this spacious equestrian subdivision, this property offers a rare opportunity to build your dream home in a peaceful, rural

  Jennifer Vernetti EXIT Elevation Realty

  219 Top Notch Trail, Penrose, CO 81240
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  /35

  $400,000

  • 4 Beds
  • 3 Baths
  • 2,383 Sq Ft

  207 Fremont St, Penrose, CO 81240

  Charming 4-Bedroom Home with an Efficiency Apartment & Exceptional Features – Prime Central Location! Welcome to this beautifully updated 4-bedroom, 3-bathroom home, perfectly designed for comfort, and flexibility. Situated in a central location just minutes from HWY 115 and HWY 50, this property offers easy access to Colorado Springs, Florence, Caon City, and Pueblo. The main home features fresh

  Sam Banning HomeSmart Preferred Realty

  207 Fremont St, Penrose, CO 81240
• 

  

  /49

  $1,095,000

  • 3 Beds
  • 3 Baths
  • 2,218 Sq Ft

  1115 M St, Penrose, CO 81240

  A truly one of kind property, that is in a class of its own. Custom sprawling rancher with over 2,200 sq. ft. with 3 bedrooms and 3 bathrooms. Here is where the uniqueness begins... Home is situated on 10 acres with 10 shares of Beaver Park Ditch Stock, beautiful landscaping, and a large producing hay field. Purchase includes adjoining 10 acre parcel, and comes with 5 shares of Beaver Park Ditch

  Tim Ritter RE/MAX ROYAL GORGE

  1115 M St, Penrose, CO 81240
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  /15

  $149,000

  • Land
  • 35 Acres
  • $4,225 per Acre

  TBD R St, Penrose, CO 81240

  Are you ready to embrace the beauty of Colorado's serene landscapes and build your dream home? Look no further! This extraordinary 35.27 acre partially fenced property nestled along Hwy 50 and R St in Penrose in the banana belt of Colorado, offers the perfect canvas for your vision. No HOA or covenants, which makes this manufactured/mobile/affordable housing friendly! This property boasts an

  Alyssa Loflin Exp Realty Llc

  TBD R St, Penrose, CO 81240
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  /8

  $295,000

  • 4 Beds
  • 2 Baths
  • 1,440 Sq Ft

  1780 14th St, Penrose, CO 81240

  Full renovation In progress, around 70% complete! Complete renovation includes new windows, new interior texture and paint, new luxury vinal flooring, new beechwood cabinets, new granite countertops, new vanities and toilets, new siding and exterior paint, security cameras, and HughesNet satellite internet (with 2 years of service included.) Contact agent with any questions.This 1,440 sq

  Blake Hanenberg Keller Williams Performance Realty

  1780 14th St, Penrose, CO 81240
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  /4

  $100,000

  • Land
  • 2.78 Acres
  • $35,971 per Acre

  83 Top Rail Trail, Penrose, CO 81240

  Premier 2.78 acre flag lot in Top Rail Ranch Estates! Beautiful mountain views along with gorgeous sunrises and sunsets. Centrally located between Canon City, Pueblo & Colorado Springs. Protective covenants which will help protect your homes value. No HOA! Wide open spaces with room for your horses and RVs. Under ground utilities! Drive-by and see where your next dream home will be located!!

  Suzi Adamson All Seasons LLC.

  83 Top Rail Trail, Penrose, CO 81240
• 

  

  /9

  $215,000

  • Land
  • 0.00 Acre

  1390 K St, Penrose, CO 81240

  The property at 1390 K Street in Penrose, Colorado, offers 2.72 acres of picturesque land. This expansive lot provides ample space for various outdoor activities and potential development. The property includes a substantial shop, ideal for storage, hobbies, or business operations. Located on the corner of highway 50 and 1 mile from from Highway 115, it offers convenient access to Colorado

  Sandy Smith Properties Of Colorado Inc

  1390 K St, Penrose, CO 81240
• 

  

  /25

  $595,000

  • 3 Beds
  • 2 Baths
  • 1,440 Sq Ft

  895 B St, Penrose, CO 81240

  Wonderful 10 acre horse facility for sale in Penrose C0. Great location 30 minutes to both Colo Springs and Pueblo. This property has gorgeous mountain views a mild climate, and is close to many riding trails including Brush Hollow Reservoir.The 36 x 84 barn is a one of a kind structure custom built by the previous owner. Inside there are 5 stalls with attached runs, wash bay, heated tack

  Camilo Perez Home Sold Realty, LLC

  

  895 B St, Penrose, CO 81240
• 

  

  /47

  $445,000

  • 4 Beds
  • 2 Baths
  • 1,705 Sq Ft

  358 13th St, Penrose, CO 81240

  RARE FIND: LIVE WATER on this Penrose acreage property being offered as 20 acres in this listing, when purchased together with MLS# 231899, an adjacent 10-acre parcel with a responsibly designed 100-meter firing range! Both 10-acre parcels offered in this listing are fenced and cross-fenced (electric-fencing) to accommodate livestock. This 4 bedroom, 2 bathroom home with central air, RV hookup,

  Sherry Romero Sherry Lee Romero

  358 13th St, Penrose, CO 81240
• 

  

  /36

  $395,000

  • 4 Beds
  • 2 Baths
  • 1,705 Sq Ft

  358 13th St, Penrose, CO 81240

  LIVE WATER is a rare find in Penrose Colorado, but it's here. This land is fenced and cross-fenced together with a total of 40 available acres (see MLS # 231897, 231898, 231899), but open in places to the contiguous lots. The house has its own fence around the yard and a wooden privacy fence on one side. Theres also an RV hookup! A 2-stall barn and holding pen is halfway to the stream and near

  Sherry Romero Sherry Lee Romero

  358 13th St, Penrose, CO 81240

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