Penrose CO Real Estate & Land for Sale

22 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
5317429
Type:
Land
Lot size:
40 Acres
Courtesy: Redfin Corporation 303-536-8941
View additional info

ADDITIONAL INFORMATION

Step into Coloradoâ??s past with this distinctive land parcel in the historic town of Wilbur. A BLM berm-built stock pond brings both function and character, while the terrain unfolds in a natural blend of open grassland and scattered pines. Some areas invite you to wander, others feel tucked away and quiet, creating a setting that works just as well for an off-grid homesite as it does for a weekend escape. The surrounding landscape carries echoes of the gold rush, with nearby routes once connecting Cripple Creek to Florence along the Phantom Canyon Railroad. Set within GMU 59, the property offers strong potential for hunting, recreation, or simply carving out your own space in a part of Colorado that still feels wide open and untouched.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
4730289
Type:
Land
Subdivision:
Beaver Park
Lot size:
5 Acres
Courtesy: Galpin Real Estate 303-257-1891 Michael D Galpin
View additional info

ADDITIONAL INFORMATION

This 5 acre parcel is conveniently located in the heart of Penrose, comes with 5 shares of Beaver Park irrigation with gated irrigation pipes and would be a great lot for a new build with mountain views! No other utilities installed; public water, public gas, public electric, cable, phone, etc. available and are to be installed by buyer. Boundaries are marked and survey recently done and available. Property is fully fenced and has some trees on the boundaries.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
4730289
Type:
Land
Subdivision:
Beaver Park
Lot size:
5 Acres
A broker reciprocity listing Courtesy: Galpin Real Estate Michael D Galpin 303-257-1891
View additional info

ADDITIONAL INFORMATION

This 5 acre parcel is conveniently located in the heart of Penrose, comes with 5 shares of Beaver Park irrigation with gated irrigation pipes and would be a great lot for a new build with mountain views! No other utilities installed; public water, public gas, public electric, cable, phone, etc. available and are to be installed by buyer. Boundaries are marked and survey recently done and available. Property is fully fenced and has some trees on the boundaries.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
4671310
Type:
Land
Subdivision:
Penrose
Lot size:
1.37 Acres
Courtesy: Keller Williams Performance Realty
View additional info

ADDITIONAL INFORMATION

Prime Highway 115 frontage in the growing community of Penrose presents a rare opportunity to secure a highly visible commercial site with exceptional accessibility and long-term upside. This approximately 1.5-acre parcel is zoned Business and offers egress from at least two sides, making it ideal for a wide range of commercial uses that benefit from strong traffic flow and easy customer access. Positioned next to the Penrose Library, the property enjoys a steady stream of local activity while maintaining outstanding exposure along one of the area’s primary transportation corridors. Whether you're envisioning a neighborhood retail center, mini mall, auto parts store, auto sales lot, service-based business, or a mixed-use commercial concept, this site provides the flexibility and visibility to support a successful venture. A major advantage is the paid and installed water tap, significantly reducing upfront development costs and timelines. The mostly level topography further enhances buildability, allowing for efficient site planning and construction. Penrose continues to attract attention from investors and business owners seeking more affordable alternatives to larger urban markets like Colorado Springs and Pueblo, while still benefiting from strong regional connectivity. With limited commercially zoned land remaining in the area, this property stands out as a strategic acquisition for those looking to establish or expand their footprint in a growing Southern Colorado market. Opportunities like this—with highway frontage, utilities in place, flexible zoning, and strong visibility, are becoming increasingly scarce. Secure your position now and bring your vision to life in Penrose.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
6397946
Type:
Land
Subdivision:
Metes & Bounds
Lot size:
27.93 Acres
Courtesy: Brady Realty
View additional info

ADDITIONAL INFORMATION

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 therapy pool/ Permaculture/underground living site/Geothermal heated home and a Greenhouse! Brush Creek runs through the Southwesterly portion of the property. The owner allows responsible grazing that keeps taxes at a minimum. Easily visible from highway 50 on the north side. Just 12 miles east of Canon City and 1 mile west of of Highway 115 interchange. The south property line adjoins Highway 50 but currently does not have access. Deeded Access 30 Ft Easement that leads to the NE corner of property.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
3254044
Type:
Land
Subdivision:
Beaver Park
Lot size:
4.7 Acres
Courtesy: Keller Williams Performance Realty
View additional info

ADDITIONAL INFORMATION

This parcel is offered exclusively as a package with the adjacent 4.7-acre residential property MLS#4720347 , 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 field, or room to roam, this fully fenced property is ready to support your agricultural goals. With level terrain, quality soil, and a reliable irrigation source, the land is ideal for pasture, hay production, or 4-H projects, making it a great fit for hobby farmers, horse owners, or anyone looking to enjoy a little more elbow room in the countryside. Together, these parcels provide an outstanding foundation for a small farm or equestrian setup, with ample space for barns, corrals, gardens, and outdoor recreation. The combined acreage is cross-fenced for flexibility and ease of management. Located just minutes from Highway 50, this property offers a peaceful setting with easy access to Canon City, Pueblo, and Colorado Springs. Enjoy wide open skies, sweeping mountain views, and the freedom to live a rural lifestyle without sacrificing convenience. Whether you're planning to raise animals, grow crops, or simply enjoy the extra space, this irrigated land delivers the functionality and flexibility you’ve been looking for. Don’t miss this chance to secure additional acreage and create the lifestyle you’ve been dreaming of paired perfectly with the move-in ready home next door.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
2664783
Type:
Land
Subdivision:
Watersville Sub
Lot size:
5 Acres
Courtesy: Frontier West Realty
View additional info

ADDITIONAL INFORMATION

PICK YOUR LOT!! Sixteen 5.01 acre to 5.06 acre lots individually priced at $75,000 each. Located 10 minutes from Canon City offering quiet rural living with 360 degree views of the surrounding Colorado mountains. Exceptional sunrises and sunsets await! Great place for new home or shop location. Electricity is being installed within 330 feet of each lot (some closer)

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
9025253
Type:
Land
Subdivision:
Watersville Sub
Lot size:
2.2 Acres
Courtesy: Frontier West Realty
View additional info

ADDITIONAL INFORMATION

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).

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
8479911
Type:
Land
Subdivision:
Unassigned
Lot size:
35 Acres
Courtesy: Frontier West Realty
View additional info

ADDITIONAL INFORMATION

eFind your private escape at SPUR CROSS RANCH, a new 35-acre mountain subdivision with six exclusive parcels. Imagine waking up to sweeping views of the Arkansas River Valley and the Wet Mountain Range from your custom-built dream home. Each property offers abundant space and distinct natural features, ensuring privacy and tranquility. Located just a short drive from U.S. Highway 50 on County Road 67, this is the perfect balance of seclusion and convenience. Underground electricity will be installed near each lot (at a future date). Taxes have not been established for the individual parcels, taxes show are for the pre-development "raw land".

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
4344260
Type:
Land
Subdivision:
Beaver Park
Lot size:
10 Acres
Courtesy: All Seasons Llc
View additional info

ADDITIONAL INFORMATION

Fabulous 10-acre property priced to sell!! Remote parcel yet minutes from the highway! Would be decent travel times to the Colorado Springs, Pueblo and Canon. Lots of trees and vegetation toward the East side. Great Mountain views!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
9208949
Type:
Land
Lot size:
10 Acres
Courtesy: All Seasons Llc 719-632-3368
View additional info

ADDITIONAL INFORMATION

Fabulous 10-acre property !! Remote parcel yet minutes from the highway! Would be decent travel times to the Colorado Springs, Pueblo and Canon. Lots of trees and vegetation toward the East side. Great Mountain views!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
235341
Type:
Land
Subdivision:
West Of Pueblo County
Lot size:
10 Acres
Courtesy: All Seasons LLC. 719-632-3368
View additional info

ADDITIONAL INFORMATION

Fabulous 10-acre property priced to sell!! Remote parcel yet minutes from the highway! Would be decent travel times to the Colorado Springs, Pueblo and Canon. Lots of trees and vegetation toward the East side. Great Mountain views!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
4238931
Type:
Land
Subdivision:
Beaver Park
Lot size:
10 Acres
A broker reciprocity listing Courtesy: HomeSmart Preferred Realty Jennifer Gatzke 719-458-9559
View additional info

ADDITIONAL INFORMATION

Excellent 10-acre parcel in a unbelievably private location in Penrose Colorado, with big sky and mountain views! This 10-acres is being offered alongside the residential listing at 358 13th St, in addition to two other contiguous 10-acre parcels, for a total of 40 acres with all four 10-acre parcels combined. Includes some electric fencing, and is fenced and cross-fenced making it ideal for livestock grazing. Also set up with a 100-meter shooting range ready for responsible and safe target practice. Now is the time to escape the city and find your peace here in rural Penrose!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
8480627
Type:
Land
Subdivision:
Beaver Park
Lot size:
10 Acres
A broker reciprocity listing Courtesy: HomeSmart Preferred Realty Jennifer Gatzke 719-458-9559
View additional info

ADDITIONAL INFORMATION

This private, rural 10-acre property in Penrose Colorado has so much to offer and is contiguous and listed alongside residential listing at 358 13th Street, for a total of 40 acres with all four 10-acre parcels combined. You’ll fall in love with the biggest skies and 360-degree mountain views you can imagine. Almost fully fenced and cross fenced, with some electric fencing included along with a storage shed for ready for grazing livestock, or building a new home! Come take a look and start living out your Colorado countryside dreams!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
8480627
Type:
Land
Subdivision:
Beaver Park
Lot size:
10 Acres
Courtesy: HomeSmart Preferred Realty 719-281-5331 Jennifer Gatzke
View additional info

ADDITIONAL INFORMATION

This private, rural 10-acre property in Penrose Colorado has so much to offer and is contiguous and listed alongside residential listing at 358 13th Street, for a total of 40 acres with all four 10-acre parcels combined. You'll fall in love with the biggest skies and 360-degree mountain views you can imagine. Almost fully fenced and cross fenced, with some electric fencing included along with a storage shed for ready for grazing livestock, or building a new home! Come take a look and start living out your Colorado countryside dreams!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
4238931
Type:
Land
Subdivision:
Beaver Park
Lot size:
10 Acres
Courtesy: HomeSmart Preferred Realty 719-281-5331 Jennifer Gatzke
View additional info

ADDITIONAL INFORMATION

Excellent 10-acre parcel in a unbelievably private location in Penrose Colorado, with big sky and mountain views! This 10-acres is being offered alongside the residential listing at 358 13th St, in addition to two other contiguous 10-acre parcels, for a total of 40 acres with all four 10-acre parcels combined. Includes some electric fencing, and is fenced and cross-fenced making it ideal for livestock grazing. Also set up with a 100-meter shooting range ready for responsible and safe target practice. Now is the time to escape the city and find your peace here in rural Penrose!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
3948636
Type:
Land
Subdivision:
Beaver Park
Lot size:
5 Acres
Courtesy: Keller Williams Performance Realty
View additional info

ADDITIONAL INFORMATION

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 aluminum irrigation pipe stays. Owner financing terms available.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
4894168
Type:
Land
Subdivision:
Beaver Park
Lot size:
20 Acres
Courtesy: Homesmart Preferred Realty
View additional info

ADDITIONAL INFORMATION

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 mountains. Call today for details!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
233714
Type:
Land
Subdivision:
West Of Pueblo County
Lot size:
0.09 Acres
Courtesy: Properties Of Colorado CC 719-269-9600
View additional info

ADDITIONAL INFORMATION

Prime Highway 115 Visibility â?? Small Lot, Big Opportunity! Don't let the size fool youâ??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 visible parcel delivers big impact in a compact footprint.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
8440288
Type:
Land
Lot size:
2.78 Acres
Courtesy: All Seasons Llc 719-632-3368
View additional info

ADDITIONAL INFORMATION

Premier 2.43 acre 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!!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
1450117
Type:
Land
Subdivision:
Beaver Park
Lot size:
2.72 Acres
Courtesy: Properties Of Colorado Inc
View additional info

ADDITIONAL INFORMATION

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 Springs, Pueblo, and Cañon City. This property has electric paid water tap and and perk test, enhancing the property’s appeal for residential or commercial use.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
4869357
Type:
Land
Subdivision:
Beaver Park
Lot size:
0.09 Acres
Courtesy: Properties Of Colorado Inc
View additional info

ADDITIONAL INFORMATION

SMALL LOT BUT VERY VISIBLE

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Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listing information Copyright 2026 Pikes Peak REALTOR® Services Corp. 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.


Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listing information 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. Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES


Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listings courtesy of REcolorado as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than this broker are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. © 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved Click Here to view Full REcolorado Disclaimer


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Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The data relating to real estate for sale on this website comes in part from the IDX program of the Multiple Listing Service of Royal Gorge Association of REALTORS®. This IDX information 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. Copyright 2026 Multiple Listing Service of Royal Gorge Association of REALTORS®. All rights reserved. Information is deemed reliable but is not guaranteed.
Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

The information being provided by Pueblo Association of REALTORS®, is exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but is not guaranteed accurate.



Penrose 81240 Real Estate

Penrose is located in Colorado. Penrose, Colorado 81240has a population of 3,305. Penrose 81240 is more family-centric than the surrounding county with 31.74% of the households containing married families with children. The county average for households married with children is 25.17%.

The median household income in Penrose, Colorado 81240 is $69,673. The median household income for the surrounding county is $53,411 compared to the national median of $69,021. The median age of people living in Penrose 81240 is 41.3 years.

Penrose Weather

The average high temperature in July is 90.7 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 15 inches per year, with 30.7 inches of snow per year.

Penrose Map

Penrose Real Estate Market Conditions

  • Median sales price

    $405,000
    20.5%
    change since last quarter
  • # Active listings

    63
    30-day change

Penrose Schools and Demographics

Education near Penrose, CO

City County
High School Graduates 96.41 89.68
College Degree - 2 year 7.1 8.38
College Degree - 4 year 31.47 18.61
Graduate Degree 11.59 4.99
Expenditures per Student 19,667 19,667
Students per Teacher 15.7 15.7

Elementary Schools near Penrose, CO

Grades Students P/T Ratio ZIP
Cedar Ridge Elementary School PK - 05 483 20.3 81007
Desert Sage Elementary School PK - 05 410 17.6 81007
Fremont Elementary School KG - 05 418 16 81226
Penrose Elementary School KG - 05 214 12.2 81240
Prairie Winds Elementary School PK - 05 514 19.4 81007
Sierra Vista Elementary School PK - 05 522 23.4 81007
Swallows Charter Academy KG - 08 369 17.4 81007

Middle Schools near Penrose, CO

Grades Students P/T Ratio ZIP
Fremont Middle School 06 - 08 331 13.5 81226
Liberty Point International School 06 - 08 495 17.7 81007
Sky View Middle School 06 - 08 599 20.3 81007

High Schools near Penrose, CO

Grades Students P/T Ratio ZIP
Florence High School 09 - 12 410 14.4 81226
Pueblo West High School 09 - 12 1,373 20.7 81007
Swallows Charter Academy High School 09 - 12 132 23 81007

Demographics near Penrose, CO 81240

Zip Code City
Neighborhood Type Small town
Population 3,305 49,007
Population Density 185 32
Median Age 41.3 44.8
People per Household 2.6 2.2
Median Household Income 69,673 53,411
Average Income per Capita 38,499 25,371

Real estate near Penrose