Courtesy: HomeSmart Preferred Realty
Sam Banning
719-281-5331
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, Cañon City, and Pueblo. The main home features fresh interior and exterior paint, new carpet in the bedrooms, central air conditioning, and a durable metal roof that saves on insurance. The handicap friendly spacious layout includes a large sunroom with a pellet stove that is ideal for year-round enjoyment, and a cozy living space perfect for entertaining or relaxing with family. One of the standout features is the built-in efficiency currently renting for $700/mo and on a month-to-month agreement. The apartment is complete with a full kitchen and private bathroom making for a great AirBnB, Mother-in-law suite or just extra income. Outside, you’ll find custom landscaping, a pergola for outdoor entertaining, and a fully fenced yard—ideal for pets, kids, or simply enjoying your own private oasis. A 1-car garage adds convenience and additional storage space. Don't miss this opportunity to own a move-in-ready home with bonus rental potential in a convenient and growing area!
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 Stock, as well as a water tap. That's not all! The 10 acre parcel across the street, is also included in the purchase, and comes with 5 more shares of Beaver Park Ditch Stock. So altogether, that is 3 parcels, 30 acres, and 20 shares of irrigation. You will not find better or more manicured producing hay fields around! The property gives pride in ownership and entirely new meaning. Inside you are sure to admire the character and personal touches in every room! Storage inside and out will not be an issue. Outside offers an attached 2 car garage, a single detached garage, an oversized carport, and an additional building perfect for storing equipment, a workshop, or anything that would best suit your needs! The iron gated entry gives you an extra sense of privacy and security. Come take a look at this rare find that offers unapparelled hay fields, stunning views, and an overall appreciation for the amount of care and hard work that has been into this property.
Courtesy: Properties of Colorado Real Estate Inc
Tyson Cool
719-431-9164
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 dining table, flows seamlessly into the adjacent living area. The master bedroom boasts a walk-in closet and a newly installed custom-tiled shower. Two additional well-sized bedrooms offer generous closet space, while the second bathroom features a new tub/shower, vanity, and toilet. With recent upgrades and a competitive price, this home is an excellent opportunity to begin your homeownership journey or enhance your rental portfolio with a strong cap rate.
Premier 2.43 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!!
Courtesy: Whitetail Properties Real Estate Llc
Rob Herrmann
607-351-7402
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 curb appeal that blends with the landscape. Inside, the open-concept layout features a spacious living area anchored by a gas fireplace and brand-new picture windows framing dreamy mountain views. The kitchen is both functional and stylish, with knotty wood cabinetry, new granite countertops, and a large center island with stonework accents, ideal for cooking and entertaining. The main level includes a serene primary suite with walk-in closet and luxurious five-piece bath with walk-in shower and dual vanities. Two additional bedrooms and two full baths provide ample guest or family space. The oversized laundry room leads into a spacious three-car attached garage. Recent upgrades include a new HVAC system, new pressure tanks, updated flooring in the basement, and fresh exterior paint. Downstairs, the finished walk-out lower level offers a huge family room with built-ins, a full bath, two more bedrooms, and an island bar. The rustic-industrial bar features a corrugated metal front, granite countertop, and open wood shelving. Pendant lighting, wood paneling, and a pool table complete the ideal entertaining spot. A mechanical room houses the dual cisterns for the home’s water system. Outside, enjoy the covered patio—perfect for year-round grilling and relaxation. A detached shed with roll-up door adds space for tools or toys. Frequent wildlife visits, ample space for ATVs, a firing range, and room for all your RVs and outdoor equipment make this a rare find. With no HOA and plenty of usable acreage, this is your opportunity to embrace the southern Colorado lifestyle.
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.
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. Rolling terrain with some cedars, but mostly meadows. Penrose water is not available, but a home may be built with an application for a household well (per water commissioner). Or use it for camping and soaking in the water.
Courtesy: Berkshire Hathaway HomeServices Synergy Realty Group
Charles D'Alessio
719-660-5223
Prime Commercial Property with Exceptional Visibility Location is everything! This outstanding commercial property is strategically positioned along Highway 115, offering unparalleled visibility with lighted signage. This well-maintained commercial property offers an ideal location with high visibility and accessibility. Inside, you`ll find a fully equipped kitchen area featuring a three-compartment sink, a dedicated hand-wash sink, a refrigerator, and durable tile flooring—perfect for food prep or catering needs. The building includes a spacious bathroom/lobby area, three versatile rooms that can be used as offices or storage, and a flexible multipurpose space to suit a variety of business types. Additional amenities include a washer/dryer hookup, vinyl windows throughout for natural light, and central air conditioning for year-round comfort. With multiple points of entry—including a back door, side entrance, and sliding glass doors—this property offers convenience and flow. Outside, enjoy ample parking, a storage shed, and generous land space ideal for hosting outdoor events, activities, or future expansions. This property is move-in ready and adaptable to your unique business needs. A rare opportunity in a great location!
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, barns, gardens, and more! What sets this property apart are the included ditch shares, providing valuable irrigation rights — a rare and highly sought-after feature in the region. Whether you’re looking to grow crops, support livestock, or simply maintain lush landscaping, these water rights offer both flexibility and long-term value. Don’t miss this rare opportunity to own acreage with water rights in one of Colorado’s most welcoming small-town communities and just a short drive to Canon City, Florence, and Pueblo.
Take a look at this incredible 4BR/4BA gem on 3+acres in Top Rail Ranch Estates! You'll enter through a courtyard where you'll be greeted to a welcoming covered porch and entryway. The main level features arched doorways and Saltillo tile flooring throughout; a Living Room with vault & beam ceilings and a Kiva adobe style wood burning fireplace; the Kitchen with a dual fuel range, stainless steel appliances, a granite island with counter bar seating, and skylights; and a formal Dining Room. Upstairs you'll find a cozy Loft area and three sizeable Bedrooms, two with an adjoining Jack & Jill bath, and all with generous walk-in closets! The lower level hosts the large primary Master Retreat with an en suite bath with jetted spa tub, an oversized walk-in closet, along with an atrium door that opens to the back patio! A sizeable Flex Space area/Family Room; and the Laundry Room complete this level. The basement includes a Theater Room with projector and 120" screen with remote; a huge Rec/Game Room with a pool table and accessories, a custom whiskey barrel sink, beetle kill pine wood, plumbed for an additional bathroom, and has plenty of storage! You'll enjoy relaxing & entertaining in the fantastic outdoor space this home provides, to include a stamped concrete patio, a Koi pond, and an in-ground fire pit! You'll also appreciate the landscaping surrounding the house with a variety of trees, shrubbery, and flower beds and the convenience of the irrigation system with WIFI control! There's a 3-car garage with wall mounted storage cabinets and a massive 1500 square ft. Pole Barn that provides RV parking with 30/50 AMP hookups inside & outside and RV sewer lines, as well as a restroom, utility sink, Mini Split for heating and cooling, and plenty of extra space for multiple vehicles! Additional features include wired for surround sound & zoned for horses! Click on the attached tour and schedule a showing today to see everything this wonderful property has to offer!
Nestled on 10 tranquil acres, this exceptional property offers a seamless blend of natural beauty and modern comfort. Boasting breathtaking 360-degree mountain views and expansive hardwood floors throughout, this 2-bedroom, 2-bathroom home provides the perfect canvas for your dream lifestyle, with the option to easily create a third bedroom. Step inside to discover bright, sun-filled spaces with large windows framing the stunning scenery from every angle. The cozy living area features a wood-burning stove, ideal for chilly evenings, while a flex room with newly installed flooring adds versatile space for work, hobbies, or a future bedroom. Freshly painted interiors, skylights, and a brand-new roof create a bright, airy atmosphere throughout. Outside, enjoy a spacious deck perfect for relaxing, entertaining, or watching the sunrise and sunset over the mountains. The fully fenced property is ideal for pets or livestock, and a large metal building offers plenty of storage or workshop space for hobbies and projects. Recent updates include a new well pump, new septic system, new roof just installed, evaporative cooler, ensuring reliable utilities for years to come. Centrally located to major cities, this property provides the tranquility of rural living without sacrificing convenience. Donâ??t miss this rare opportunity to own a Colorado dream home that perfectly blends comfort, charm, and outdoor living. Schedule your private showing today!
Courtesy: Paul Temaat
Paul Temaat
303-638-9402
Scenic Land with Solar Power, Outbuildings & Valley! This 40 acre AG Forest-zoned property offers a rare combination of space, privacy, and potential. Approximately 7 flat acres sit atop a bluff, featuring a 12x65 mobile home shell—a structure ready for renovation or replacement to suit your needs. The property is equipped with solar power, housed in one of two storage outbuildings, along with an 800 sq. ft. metal Quonset outbuilding and a private gun range. Beyond the bluff, the remaining 33 acres stretch into a private valley, featuring gently rolling terrain and next to a seasonal creek. Whether you're looking for a hunting retreat, off-grid homestead, or recreational getaway, this land provides plenty of possibilities. With peaceful surroundings, open skies, views of valleys and bluffs all around and plenty of natural beauty, this property is an excellent opportunity for those looking to create something special. Schedule a showing today!
Courtesy: HomeSmart Preferred Realty
Sam Banning
719-281-5331
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 own. There is a lot of room with a three-car garage and carport. 3 acres completely fenced in. Over 2000 sq. ft of living space built in. This is a must-see to appreciate it. (Phase 1 Environmental, Site Plan and Traffic Report all completed.)
Cozy 3 Bedroom, 2 Bath Home with 2 car detached garage. Original built in cabinets in main bathroom and hallway. New Water Heater and Furnace installed in January 2024 with Brand New Heat Ducts. Solar installed in January 2024 also. This home is located just a few blocks of school, stores and Penrose Park. Totally fenced in yard for your fur babies. Stop by to see for yourself and you'll be glad you did.
160 acres of PRIVATE paradise. Year round water full of trout and bordered by public lands including Beaver Creek Wilderness area, state of Colorado, and BLM land. Several building sites for "off-the-grid" living. Convenient location for Colorado Springs, Pueblo, or Canon City commuting. The property has historical significance and an important story from over a hundred years ago. Agricultural zoned with affordable property taxes. Wild, Wonderful, and one-of-a-kind!
Well established Commercial location in Penrose along Co. St. Hwy. 115. 2 access points with 650 feet of HWY frontage and 11, 000 average daily traffic passerby's. Maximum parking for large event venue. Current Restaurant building is 2982 Sq. Ft with commercial kitchen, and 3- 7/2 baths. 5 Bedroom, 4 bathroom 2084 Sq. Ft/ Home, and 30' x 50' shop. Shop is set up for large machinery. Other outbuildings include 2- 10 x 30 modular sheds. 3 water taps, 3 electric taps, 2 gas meters. Almost unlimited list of allowed uses and use by special review are allowed in this zone district, including dwelling, even multi-family. Superb location for venue, self storage, restaurant, etc.
Well established Commercial location in Penrose along Co. St. Hwy. 115. 2 access points with 650 feet of HWY frontage and 11,000 average daily traffic passerby's. Maximum parking for large event venue. Current Restaurant building is 2982 Sq. Ft with commercial kitchen, and 3- 7/2 baths. 5 Bedroom, 4 bathroom 2084 Sq. Ft/ Home, and 30' x 50' shop. Shop is set up for large machinery. Other outbuildings include 2- 10 x 30 modular sheds. 3 water taps, 3 electric taps, 2 gas meters. Almost unlimited list of allowed uses and use by special review are allowed in this zone district, including dwelling, even multi-family.
Great opportunity to own this Commercial agricultural property. Limited access see attachments . Paid water tap not installed. Lots of possibilities .
Buildable 35 Acre lot in the gated Red Rocks at Beaver Creek Subdivision. Beautiful Mountain Views and Endless Potential. Property is adjacent to Public Land and situated nicely in Beaver Creek. Property is located between Canon City, CO (15 Minute Drive) and Penrose, CO (15 minute Drive).
Courtesy: Summit & Main Realty Group
Kimberly Powers
719-429-8922
Horse Property, Design, Livability, Outbuildings Galore -- 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 with feeders, 12x24 cover over stalls for shade, one 12x18 horse stall, heated water, pipe fencing, 24x12 tack room with cement floor, 24x11 feed room w/electric, 14x8 utility/storage/greenhouse, chicken coop, 32x41 dog pen, covered patio with waterfall feature/flower garden, and hot tub! Since purchasing, the Seller has done many upgrades. Inside, 2 primary bedrooms with ensuite baths, 3rd bedroom, and a guest bath. Vaulted tongue and groove Aspen ceiling, wood burning stove, and a propane fireplace. In the kitchen, two pantries, Dacor appliances, all attached to a spacious mud/laundry room. Attached heated/cooled sunroom built in 2022. Privacy fencing, central heat and air conditioning, decorative pond/water feature (rebuilt), approx. 3.5 acre crop and 5 shares of Beaver Park Water.
Level lot in Penrose with beautiful mountain views! Perfect for building your dream home! Lot located on a corner lot off of paved roads. Within walking distance of the post office, Coyote's Den Cafe, Gooseberry Patch restaurant, and all that downtown Penrose has to offer. Short commute to Canon City, Colorado Springs, Ft. Carson and Pueblo. Land includes a paid in full water contract. Water contracts are limited in the state of Colorado, and may not be available in the near future, so this is a valuable asset!
FOUR lots in the Business District of Penrose, Colorado approximately 12 miles east of Canon City, includes (2) Power hookups, (2) Natural gas hook ups, (2) Sewer taps, (2) Water taps. One of the water taps is a ¾ " line and is considered a domestic tap. One of the water taps is a 1 ½" line that connects to the 1,150 s/f building. Both taps come off a 4" main line across the street. There's a huge income potential by upgrading the existing laundromat facility/carwash. The carwash is dormant right now pending the replacement of an upgraded coin mechanism that will accept credit card transactions. The existing laundromat allows for more capacity and increased revenue by upgrading the machines and dryers. There is an apartment in the back of the laundromat that can be used as rental income and includes a backyard and air conditioning. Located next to the VFW and close proximity to the Penrose Park & Recreation District, School, Post Office, Grocery Store, and Restaurants, this is a perfect opportunity to improve upon an existing business or start a NEW one of your own! Listing agent is related to the Seller.
FOUR lots in the Business District of Penrose, Colorado approximately 12 miles east of Canon City, includes (2) Power hookups, (2) Natural gas hook ups, (2) Sewer taps, (2) Water taps. One of the water taps is a ¾ " line and is considered a domestic tap. One of the water taps is a 1 ½" line that connects to the 1,150 s/f building. Both taps come off a 4" main line across the street. There's a huge income potential by upgrading the existing laundromat facility/carwash. The carwash is dormant right now pending the replacement of an upgraded coin mechanism that will accept credit card transactions. The existing laundromat allows for more capacity and increased revenue by upgrading the machines and dryers. There is an apartment in the back of the laundromat that can be used as rental income and includes a backyard and air conditioning. Located next to the VFW and close proximity to the Penrose Park & Recreation District, School, Post Office, Grocery Store, and Restaurants, this is a perfect opportunity to improve upon an existing business or start a NEW one of your own! Listing agent is related to the Seller.
Existing business with instant cash flow and huge potential for greater return with car wash activation, rental income and laundromat facility. Situated on FOUR lots in the Business District of Penrose, Colorado approximately 12 miles east of Canon City, this property includes (2) Power hookups, (2) Natural gas hook ups, (2) Sewer taps, (2) Water taps. One of the water taps is a ¾ " line to the carwash and is considered a domestic tap. One of the water taps is a 1 ½" line that connects to the laundromat. Both taps come off a 4" main line across the street. The carwash is dormant right now pending the replacement of an upgraded coin mechanism that will accept credit card transactions. The laundromat has (10) working washing machines and (6) working dryers, however, there's opportunity to upgrade machines/dryers for more capacity and revenue. There is an apartment in the back of the laundromat that can be used as rental income and includes a backyard and air conditioning. Located next to the VFW and close proximity to the Penrose Park & Recreation District, School, Post Office, Grocery Store, and Restaurants, this is a perfect opportunity to improve upon an existing business or start a NEW one of your own! Listing agent is related to the Seller.
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
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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 2025 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.
Penrose is located in Colorado. Penrose, Colorado has a population of 3,305. Penrose is more family-centric than the surrounding county with 33.79% 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 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 is 41.3 years.
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.
