Homes for Sale in 81240

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  /48

  $1,300,000

  • 3 Beds
  • 3 Baths
  • 2,915 Sq Ft

  18530 Colorado 115, Penrose, CO 81240

  Beaver Creek Ranch is a stunning 108-Acres with an Adobe-Style Home, Arena, Barn & More! Tucked away off of Highway 115, down a private driveway, this 2,915 sf adobe-style home sits on 108 acres of ranch land, perfectly equipped for both equestrian and agricultural pursuits. This property offers endless opportunities—whether you're looking for a working ranch, private retreat, or multi-use

  

  Linda Leslie

  HomeSmart

  (719) 417-7059

  18530 Colorado 115, Penrose, CO 81240
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  /27

  $325,000

  • 3 Beds
  • 2 Baths
  • 1,760 Sq Ft

  4200 County Road 123, Penrose, CO 81240

  Enjoy peaceful country living in this spacious 3-bedroom, 2-bath modular home perfectly situated on 5 beautiful acres. The home features brand-new flooring throughout and has been freshly cleaned and move-in ready—perfect for those seeking comfort and space. The open floor plan offers a welcoming living area, bright kitchen with plenty of cabinet space, and a roomy dining area for family

  

  Chris Montoya

  Keller Williams Performance Realty

  (719) 368-8993

  4200 County Road 123, Penrose, CO 81240
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  /50

  $1,199,000

  • 3 Beds
  • 2 Baths
  • 2,833 Sq Ft

  716 Dakota Ln, Canon City, CO 81212

  A standout feature of this amazing 35 acre property is the 1,687 sq ft guesthouse offering 3 bedrooms, 2 bathrooms, a full kitchen, living room, and an additional kitchenette—ideal for guests or multigenerational living. Discover unmatched privacy, comfort, and luxury in the stunning 3 bedroom, 2 bathroom main home, which offers high-end finishes, expansive living spaces and breathtaking views -

  

  DELLA RIEGER

  Real Broker, LLC

  (719) 759-7966

  716 Dakota Ln, Canon City, CO 81212
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  /68

  $1,199,000

  • 3 Beds
  • 2 Baths
  • 2,833 Sq Ft

  716 Dakota Hideout, Canon City, CO 81212

  Discover unmatched privacy, comfort, and luxury on this beautifully remodeled 35-acre estate—just 10 minutes from town. This stunning home offers high-end finishes, expansive living spaces, breathtaking views and a luxurious guesthouse. Step inside to a large living room featuring a striking fireplace and gorgeous wood ceilings. The recently remodeled gourmet kitchen is a chef's dream with

  

  DELLA RIEGER

  REAL Broker, LLC

  (719) 437-7570

  716 Dakota Hideout, Canon City, CO 81212
• 

  

  

  /50

  $424,900

  • 3 Beds
  • 2 Baths
  • 1,224 Sq Ft

  1144 4th St, Penrose, CO 81240

  Welcome to your new horse property with room for many animals! This well-maintained 3-bedroom, 2-bath manufactured home sits on 5 acres with 5 shares of Beaver Creek flood irrigation water, offering both functionality and stunning views. The home was remodeled in 2015 and features newer cabinets, granite countertops, and a durable metal roof. Energy efficiency is a major bonus with fully paid-off

  

  Joe Garcia

  Homesmart Preferred Realty

  (719) 427-4526

  1144 4th St, Penrose, CO 81240
• 

  

  /50

  $468,035

  • 3 Beds
  • 2.5 Baths
  • 1,807 Sq Ft

  3524 Telegraph Trail, Cañon City, CO 81212

  Welcome to your dream home at 3524 Telegraph Trail, perfectly positioned on the golf course in the Four Mile neighborhood. This beautifully remodeled 3-bedroom, 3-bathroom residence blends modern elegance with exceptional functionality—including a zero-step entry for easy, accessible living. Move-in ready or an ideal investment, the property is backed by a proven short-term rental

  

  David Swearingen

  Keller Williams Performance Realty

  (719) 215-9591

  3524 Telegraph Trail, Cañon City, CO 81212
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  /48

  $700,000

  • 3 Beds
  • 4 Baths
  • 2,482 Sq Ft

  611 Q St, Penrose, CO 81240

  Welcome to 611 Q St, Penrose, CO 81240 — a rare 20-acre retreat with unmatched versatility, panoramic views, and room to grow. Situated on two fully fenced 10-acre parcels, this exceptional property offers the flexibility to add a second residence (potentially eligible for an additional water tap per Penrose Water District—buyer to verify). Whether you're looking for multi-generational living,

  

  Scott Coddington

  Pulse Real Estate Group Llc

  (719) 568-9053

  611 Q St, Penrose, CO 81240
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  /6

  $1,200,000

  • Land
  • 26.76 Acres
  • $44,843 per Acre

  00 Shoop Dr, Florence, CO 81240

  Unlock an extraordinary investment opportunity with over 26 acres of prime highway-frontage land, perfectly positioned for maximum visibility and accessibility. This rare gem comes with a significant advantage: no need to navigate costly DOT requirements for acceleration or deceleration lanes, as the state has already installed a convenient stoplight, streamlining access for future development.

  

  Tyson Cool

  Properties of Colorado Real Estate Inc

  (719) 625-2722

  

  00 Shoop Dr, Florence, CO 81240
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  /7

  $170,000

  • Land
  • 8.14 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
• 

  

  /5

  $80,000

  • Land
  • 0.2 Acre
  • $400,000 per Acre

  3604 Telegraph Trail, Canon City, CO 81212

  Nestled along the fairway of Four Mile golf course, this beautiful 0.2-acre parcel offers the perfect canvas for your dream home. Enjoy sweeping golf course and mountain views and a serene setting that blends open green space with everyday convenience. The lot is build-ready, giving you the freedom to design a custom home that takes full advantage of the scenery and peaceful surroundings. This

  

  DELLA RIEGER

  Real Broker, LLC

  (719) 350-6778

  3604 Telegraph Trail, Canon City, CO 81212
• 

  /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
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  /11

  $260,000

  • Land
  • 80 Acres
  • $3,250 per Acre

  2055 County Road 67, Cañon City, CO 81212

  Discover your private mountain oasis perched high atop the hills, just 10 minutes from all Canon City amenities. This rare 80-acre parcel offers dual access from Dakota Hideout and County Road 67, with pre-cut roads leading to multiple prime home sites. Bordered by thousands of acres of BLM land for ultimate privacy and recreation, the property features a large excavated building pad on the

  

  Tyson Cool

  Properties of Colorado Real Estate Inc

  (719) 689-8278

  

  2055 County Road 67, Cañon City, CO 81212
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  /50

  $424,812

  • 3 Beds
  • 2 Baths
  • 2,356 Sq Ft

  1376 B St, Penrose, CO 81240

  Discover your slice of paradise in this beautifully maintained 3 Bedroom, 2 Bath, move in ready manufactured home with over 2300 square feet of living space. Perfectly positioned on a serene mesa with 10 Acres of breathtaking landscapes, this property also includes an oversized detached three-car garage with an RV-sized bay and additional workspace providing ample room for vehicles and hobbies.

  Nick Sartori Real Broker, LLC

  1376 B St, Penrose, CO 81240
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  /50

  $894,500

  • 5 Beds
  • 4 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 natural terrain, this Southwestern-inspired residence offers panoramic views, modern comforts, and privacy—perfect as a primary home or Colorado retreat. The home’s bold stucco façade and flat rooflines echo Pueblo architecture, creating timeless

  Rob Herrmann Whitetail Properties Real Estate Llc

  

  507 van Egmond Dr, Penrose, CO 81240
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  /50

  $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 Cañon City and Pueblo nearPenrose, this private 10-acre retreat offers versatility, wide-open space, and beautiful mountain views. The fully fencedacreage is ideal for horses or livestock and includes a loafing shed/barn for shelter. A seasonal stream with a natural poolmeanders through one corner

  GAYLORD KNEPP Sweet Homes Realty

  

  340 12th St, Penrose, CO 81240
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  /49

  $490,000

  • 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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  /24

  $295,000

  • 3 Beds
  • 2 Baths
  • 1 Sq Ft

  33 7th Ave, Penrose, CO 81240

  Cozy 3BD/2BA home on 0.51 acres in Penrose! Features an oversized garage, two storage sheds (one with loft), fenced yard, and new furnace tune-up. Plenty of room for a garden and easy access to Brush Hollow Reservoir, Dakota Hot Springs, and local wineries. Close to Ft. Carson, Canon City, Pueblo & Colorado Springs-country comfort with town convenience! A Simple Life with Big Possibilitie Set

  Twila Geroux Hayden Outdoors Real Estate

  33 7th Ave, Penrose, CO 81240
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  /47

  $770,000

  • 4 Beds
  • 3 Baths
  • 3,527 Sq Ft

  988 P St, Penrose, CO 81240

  Welcome home to your custom built ICF adobe style home sitting on 10 acres. Whether you're looking for room to spread out or a multigenerational setup this home is for you and it was built with everything in mind. In floor heat throughout with option of indoor or outdoor boiler. The ceilings in the main home are cladded in aspen wood and the trim and doors are knotty alder pine. The rest of the

  Stephanie Mirowski HomeSmart Preferred Realty

  988 P St, Penrose, CO 81240
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  /39

  $630,000

  • 4 Beds
  • 2 Baths
  • 1,953 Sq Ft

  875 7th St, Penrose, CO 81240

  Quality custom home on over 4.4 acres offering peaceful rural living and exceptional privacy, perfectly positioned back from the road. This inviting 4-bedroom, 2-bath home features over 1,950 square feet of thoughtfully designed living space with quality upgrades throughout. A bright, formal entry welcomes you into the expanded living room, highlighted by a beautiful gas-log fireplace, vaulted

  Lance Tomar Frontier West Realty

  

  875 7th St, Penrose, CO 81240
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  /4

  $539,989

  • 3 Beds
  • 2 Baths
  • 1,704 Sq Ft

  3559 Saddle Dr, Cañon City, CO 81212

  TO BE BUILT SPEC HOME by CB Builders in the award winning Four Mile Ranch Golf Course Community. This home can be built to spec with your finish at this time. Lot backs to open space and golf course for privacy. Specs listed are for the CB Arizona Model with open floor plan, vaulted ceilings, covered back patio, Owner Suite with attached bath, 2 additional bedrooms and full bath, and kitchen

  KAREN SWEENEY Four Mile Realty Llc

  3559 Saddle Dr, Cañon City, CO 81212
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  /50

  $619,900

  • 3 Beds
  • 2.5 Baths
  • 2,356 Sq Ft

  909 K St, Penrose, CO 81240

  Irrigated Horse Property with Lester Barn, Producing Hay Field, Paid-Off Solar & Private 1-Bedroom ADU Exceptional opportunity to own a truly functional 5-acre ranchette in Penrose. This well-maintained property includes water shares, fenced irrigated pasture, and a producing hay field — ideal for horse owners or small-scale agricultural use. The impressive 4+ stall Lester barn is equipped with

  Peggy Ritter RE/MAX ROYAL GORGE

  909 K St, Penrose, CO 81240
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  /47

  $750,000 Open Sat 12PM - 3PM

  • 4 Beds
  • 3 Baths
  • 2,856 Sq Ft

  459 Bowie Rd, Penrose, CO 81240

  Set on nearly 40 private-acres w/ breathtaking 360 open space views & mountain range vistas, this 4-bedroom, 3-bathhome offers peaceful country living, modern upgrades & equestrian-friendly land, just 38 minutes from ColoradoSprings. The main level features cherry hardwood flooring, vaulted ceilings & cozy gas fireplace. The dining area walksout to Trex deck w/hot tub, perfect for relaxing

  Tina Swonger REMAX PROPERTIES

  459 Bowie Rd, Penrose, CO 81240
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  /33

  $719,000

  • 3 Beds
  • 3 Baths
  • 2,175 Sq Ft

  445 G St, Penrose, CO 81240

  Welcome to one of the best-designed five-acre horse properties in Penrose! Pull in through the remote-controlled gate and drive slowly to take it all in! Nestled attractively on the east end of the property is this charming rancher, detached 38x17 garage, 60x40 heated shop with built-in air compressor, 220 electric, (2) 20 x 60 storage on each side of the shop with loft, (2) 12 x12 horse stalls

  Kimberly Powers Summit & Main Realty Group

  445 G St, Penrose, CO 81240
• 

  

  /50

  $540,000

  • 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 Pikes Peak Dream Homes Realty

  855 Marilyn Dr, Penrose, CO 81240
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  /34

  $930,000

  • 3 Beds
  • 2 Baths
  • 2,522 Sq Ft

  1008 Canon Ridge Trail Unit A, Canon City, CO 81212

  Welcome to this custom home (with guest house) that sits on 42 acres backing to BLM land with gorgeous mountain views. As you approach this lovely home you will notice the hand carved cherry front doors and wrap around covered porch. Perfect for morning coffee or an evening cocktail. As you enter the home you will see the Douglas fir ceiling with wood logs and striking kiva fireplace. A light and

  Debbie Joseph Coldwell Banker Realty 44

  

  1008 Canon Ridge Trail Unit A, Canon City, CO 81212
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  /4

  $59,900

  • Land
  • 0.31 Acre
  • $192,481 per Acre

  828 Pecos Point, Cañon City, CO 81212

  Building site on cul-de-sac backing to the 4th Green of the award winning Four Mile Ranch Golf Course. One of only a few building sites left. Infrastructure is in place including curb, gutter and street lights. Soil Test compete and ready to build on. Sloping lot with trees and berm across back for privacy. Four Mile Ranch is a planned community with park and walking trails and easily accessible

  KAREN SWEENEY Four Mile Realty Llc

  828 Pecos Point, Cañon City, CO 81212
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  /3

  $45,000

  • Land
  • 2.2 Acres
  • $20,455 per Acre

  TBD County Road 123, Penrose, CO 81240

  PICK YOUR LOT!! Eighteen 1.98 acre to 2.51 acre lots individually priced at $45,000 each. Located only 10 minutes from Canon City, offering quiet rural living with 360 degree views of the surrounding Colorado mountains. Exceptional sunrises & sunsets await! Great place for new home or shop location. Electricity is being install within 330 feet of all lots (some closer).

  Lance Tomar Frontier West Realty

  TBD County Road 123, Penrose, CO 81240
• 

  

  /24

  $160,000

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

  205 Illinois St, Penrose, CO 81240

  Move-In Ready and VA friendly. Stop paying rent and invest in your future with this updated home on its own land. This 3-bedroom, 2-bath has been refreshed from top to bottom, featuring a new roof, fresh interior and exterior paint, and stylish luxury vinyl flooring. Both bathrooms have been completely modernized. Enjoy the perfect balance of quiet, small-town charm and peaceful country living

  Tina Smith TINA SMITH REAL ESTATE

  205 Illinois St, Penrose, CO 81240
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  /3

  $69,000

  • Land
  • 0.3 Acre
  • $232,558 per Acre

  3562 Saddle Dr, Cañon City, CO 81212

  Great views from this Building Lot in the award winning Four Mile Ranch Golf Course Community. Great oversized building site and one of the only lots left for a walk out basement. Only blocks to the golf course and located on a quiet street.

  KAREN SWEENEY Four Mile Realty Llc

  3562 Saddle Dr, Cañon City, CO 81212
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  /2

  $75,000

  • Land
  • 0.2 Acre
  • $375,000 per Acre

  3572 Telegraph Trail Unit 8, Cañon City, CO 81212

  Build your Custom Dream Home on the award winning Four Mile Ranch Golf Course with Accent Homes (seller). Located on the 2nd Fairway, this building site offers spectacular views. Level site with curb, gutter and street lights in place. Floor Plans available.

  KAREN SWEENEY Four Mile Realty

  

  3572 Telegraph Trail Unit 8, Cañon City, CO 81212
• 

  /2

  $250,000

  • Land
  • 20 Acres
  • $12,500 per Acre

  000 11th St, Penrose, CO 81240

  Discover the unmatched potential of this stunning 20-acre property, split evenly on each side of 11th Street and nestled in the heart of Colorado’s serene high desert landscape. With 10 acres on either side, this unique parcel offers flexibility for a variety of uses — build your dream home, establish a hobby farm, or develop a retreat that embraces the peace and beauty of the surrounding

  Sam Banning HomeSmart Preferred Realty

  

  000 11th St, Penrose, CO 81240
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  /8

  $99,999

  • Land
  • 20 Acres
  • $5,000 per Acre

  709 County Road 108, Florence, CO 81226

  20 acres with Amazing views of the surrounding mountains including Pikes Peak. Seller has dug the holes for a cistern and for the permitted septic system for a 2 bed 1 bath house just waiting to be installed, new road has been cut in along with a couple of building pads that have already been leveled and compacked .

  Scot Oliver Mason & Morse Ranch Company

  

  709 County Road 108, Florence, CO 81226
• 

  

  /48

  $424,900

  • 3 Beds
  • 2 Baths
  • 1,568 Sq Ft

  1044 P St, Penrose, CO 81240

  Nice Horse property set up with stalls , steel pipe arena , frost free water faucets and gates at both ends . Very roomy 3 bedroom 2 bathroom home with cathedral ceilings and Luxury Plank flooring, and new appliances in 2020. Central Air installed in 2023. Nice master suite with full bathroom, spacious living room, and nice kitchen with granite counters and lots of cabinets. Large fenced in dog

  Kurt Zerby Kurt Zerby Real Estate Group

  1044 P St, 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
• 

  

  /15

  $199,000

  • Land
  • 2.72 Acres
  • $73,162 per 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
• 

  /2

  $69,000

  • Land
  • 0.3 Acre
  • $230,000 per Acre

  3562 Saddle Dr Unit 82, Cañon City, CO 81212

  Great views from this Building Lot in the award winning Four Mile Ranch Golf Course Community. Great oversized building site and one of the only lots left for walk out basement. Only blocks to the golf course and located on a quiet street.

  KAREN SWEENEY Four Mile Realty

  

  3562 Saddle Dr Unit 82, Cañon City, CO 81212
• 

  

  /5

  $245,000

  • Land
  • 27.93 Acres
  • $8,772 per Acre

  2 8th St, Penrose, CO 81240

  Welcome to LightSpring Property with 28 acres of fenced land. Features a non-sulfur 92 degree Hot Mineral Artesian Well flowing continuously from 980 feet below. The well boasts 75 gallons per minute adjudicated water right that is purposed for medicinal and irrigation. An annual 121 AF per year! Multiple possibilities including an excellent location for Solar and Wind farm/agrivoltiac/indoor

  Randy Brady BRADY REALTY

  2 8th St, Penrose, CO 81240
• 

  

  /46

  $350,000

  • 3 Beds
  • 1 Bath
  • 960 Sq Ft

  490 A St, Penrose, CO 81240

  LOTS OF SPACE SITTING ON 10 ACRES. A LARGE SHOP AND OUTBUILDINGS PERFECT FOR ALL YOUR HOBBIES.

  Jeff Divelbiss RE/MAX Of Pueblo Inc

  490 A St, Penrose, CO 81240
• 

  

  /4

  $198,900

  • Land
  • 4.78 Acres
  • $41,611 per Acre

  TBD County Road 123, Cañon City, CO

  This is a 4.78 acre commercially zoned property located between US Highway 50 & County Road 123 just east of Canon City. The property is visible from U.S. Highway 50 & is located a short distance from the Love's travel plaza & Four Mile Ranch residential development. The property is zoned C6B, call the listing agent for zoning packet. Owners Thomas J Brunk & Brenda M Brunk are license Real Estate

  Michael Butts Frontier West Realty

  TBD County Road 123, Cañon City, CO
• 

  

  /11

  $205,000

  • Land
  • 5 Acres
  • $41,000 per Acre

  958 L St, Penrose, CO 81240

  Fully fenced for any livestock 5 acres with 5 shares of beaver park water irrigation. Located in quiet well established Penrose neighborhood all nice houses. Water tap included and 3 hydrants on property already. Welded pipe roping arena at the back of the property with horse paddocks and small storage shed. Would make a great lot for a new home. Large trees surround the property, and all

  Brandon Angel Keller Williams Performance Realty

  958 L St, Penrose, CO 81240

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