$799,000
- 4 Beds
- 3.5 Baths
- 4,405 Sq Ft
1893 County Road 127, Penrose, CO 81240

Shelley Keller
Homesmart Preferred Realty
(719) 652-5690
$799,000
1893 County Road 127, Penrose, CO 81240
Shelley Keller
Homesmart Preferred Realty
(719) 652-5690
$199,000
205 Illinois St, Penrose, CO 81240
Tyson Cool
Properties Of Colorado CC
(719) 689-8780
$599,000
3325 County Road 132, Penrose, CO 81240
Tyson Cool
Properties Of Colorado CC
(719) 451-7984
$775,000
8200 County Road 132, Penrose, CO 81240
Linda Mattson
Homesmart Preferred Realty
(719) 353-6629
$649,000
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
$395,000 New Construction
772 7th St, Penrose, CO 81240
Tyson Cool
Properties Of Colorado CC
(719) 695-7555
$635,000
1400 K St, Penrose, CO 81240
Tony Greer Keller Williams Performance Realty
$799,000
39 5th St, Penrose, CO 81240
Katalena McNew Keller Williams Performance Realty
$678,500
770 Cedar Hills Rd, Penrose, CO 81240
KRISTI MEYER Real Broker, LLC
$500,000
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
$969,900
507 van Egmond Dr, Penrose, CO 81240
Jerrod Meyer Whitetail Properties Real Estate, LLC
$699,900
47 Top Rail Trail, Penrose, CO 81240
Jon Hatch New Home Star, LLC
$799,000
18461 Colorado 115, Penrose, CO 81240
Greg Hanson TRELORA Realty
$565,000
925 2nd St, Penrose, CO 81240
KAYLA BRADY Homesmart Preferred Realty
$789,000
1593 Top Notch Trail, Penrose, CO 81240
Dave Mauro Sun Mesa
$537,500
855 Marilyn Dr, Penrose, CO 81240
Dirk Fowler Homesmart Preferred Realty
$345,400
359 8th St, Penrose, CO 81240
Louise Young Properties Of Colorado Inc
$375,000
106 Grant St, Penrose, CO 81240
The Blickenstaff Group Keller Williams Performance Realty
$385,000
12 Grant St, Penrose, CO 81240
Brandon Angel Keller Williams Performance Realty
$467,000
1559 9th St, Penrose, CO 81240
Tracy Bastian Rocky Mountain Realty
$400,000
207 Fremont St, Penrose, CO 81240
Sam Banning HomeSmart Preferred Realty
$1,095,000
1115 M St, Penrose, CO 81240
Tim Ritter RE/MAX ROYAL GORGE
$295,000
1780 14th St, Penrose, CO 81240
Blake Hanenberg Keller Williams Performance Realty
$325,000
490 K St, Penrose, CO 81240
Katalena McNew Keller Williams Performance Realty
$445,000
358 13th St, Penrose, CO 81240
Sherry Romero Sherry Lee Romero
$395,000
358 13th St, Penrose, CO 81240
Sherry Romero Sherry Lee Romero
$785,000
1628 R St, Penrose, CO 81240
Ashley Blasius Cornerstone Real Estate Team
$699,000
2134 Tepley Trail, Penrose, CO 81240
Motivated Sellers! Views for days! Come enjoy the peace, tranquility, and freedom of country living with 4+ bedrooms and 3 full baths plus multiple living areas and loads of storage. Plenty of outdoor enjoyment and entertainment spaces to enjoy the exceptional views into your own private valley. New in the last 5 years: septic system, roof, all bathrooms, appliances, kitchen counters and sink,
Lauren Schneider eXp Realty, LLC
$394,000
1290 B St, Penrose, CO 81240
Sofia Taylor Agents Realty of Colorado
$394,000
1290 B St, Penrose, CO 81240
Sofia Taylor Agents Realty Of Colorado LLC
$479,900
800 L St, Penrose, CO 81240
Katharine Wiltfong Reeves Real Estate Llc
$261,000
505 Broadway, Penrose, CO 81240
Peggy Borchers Homesmart Preferred Realty
$275,000
530 Illinois St, Penrose, CO 81240
Laura Krueck Properties Of Colorado Inc
$999,999
1381 3rd St, Penrose, CO 81240
Lisa Adkisson Homesmart Preferred Realty
$498,000
760 D St, Penrose, CO 81240
Randy Brady BRADY REALTY
$267,500
414 4th St, Penrose, CO 81240
Hoshi Mistry Keller Williams Performance Realty
$755,000
1933 Top Notch Trail, Penrose, CO 81240
Suzi Adamson All Seasons LLC.
$750,000
445 G St, Penrose, CO 81240
Kimberly Powers Summit & Main Realty Group
$699,990 New Construction
47 Top Rail Trail, Penrose, CO 81240
Jon Hatch New Home Star LLC
Penrose, CO, is a rural community situated between Pueblo and Colorado Springs, offering residents a semi-arid landscape with juniper woodlands, hot springs, and proximity to the Arkansas River. The area is known for its spacious acreage, with many properties featuring traditional farmhouses and ranch-style homes on lots ranging from 3 to 40 acres, allowing for agricultural activities such as growing hay and raising livestock. Founded during the gold rush, Penrose provides a quiet environment with stunning views and a moderate heat risk, with summer temperatures reaching the low-to-mid 90s. The community is prone to wildfires, which have a moderate chance of affecting properties over the next 30 years.
Penrose features several outdoor attractions, including the Dakota Hot Springs, Brush Hollow Reservoir, and Florence River Park, which offer opportunities for camping, fishing, paddleboarding, and kayaking. The Penrose Park & Recreation District serves as the main green space, hosting events like the Apple Day Festival. Although Penrose has limited commercial areas, Broadway offers local establishments such as Coyote's Coffee Den and Penrose Pizzeria & Pub, along with the Neighborhood Market for groceries. For additional shopping and dining options, Florence is located about 6 miles southwest.
The Fremont County Transit system provides on-demand transportation, with Pueblo approximately 30 miles east and Colorado Springs about 35 miles north. Pueblo Memorial Airport and Colorado Springs Airport offer flights to various destinations, including international flights starting in June 2025.
On average, homes in Penrose, CO sell after 62 days on the market compared to the national average of 52 days. The median sale price for homes in Penrose, CO over the last 12 months is $398,500, up 13% from the median home sale price over the previous 12 months.
In Penrose, there are currently 39 houses for sale, offering an array of options for potential buyers. With houses priced between $199,000 to $1,095,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Penrose is $419,000, while the average sale price is $442,518, offering insights into the local housing market. On average, houses spend 62 days listed before being sold. Whether you're searching for a single-family residence, exploring single-family detached houses for sale, or considering new construction houses for sale, there are options to cater to different lifestyles. Explore the listings and houses for sale in Penrose, CO and find the perfect place to call home.