Sold
Last Sold Price
1,536,361 Lot Size35.27 Acres
tbd R St, Penrose, CO 81240
LandProperty Type
35.27 acresLot Size

Description

Priced to sell for a quick sale! 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 abundance of trees and a year round natural spring, providing a picturesque...Priced to sell for a quick sale! 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 abundance of trees and a year round natural spring, providing a picturesque setting for your dream home or agricultural pursuits (Livestock friendly with Ag zoning). Yes, chickens welcome! Enjoy breathtaking views of Pikes Peak and the Wet Mountains from your future home. The property is accessible via a paved road, ensuring easy year-round access. With no nearby neighbors, you'll relish the tranquility and privacy of this exceptional location. Additional 11 acre parcel recently subdivided into 2 lots also available. PERC/soil test done in 2024 and available. This property qualifies for a domestic well for livestock use. Septic, propane and electric need installed. The neighbors adjacent property has a 15 GPM well. With approval, a Storage Container facility, tree nursery, RV park, greenhouse/homestead, the opportunities are endless. Known for its mild winters and sunny days, don't miss out on this rare chance to own a piece of Colorado paradise. Whether you're seeking a peaceful retreat, an agricultural endeavor, or an investment opportunity, this property has it all.
  • Listed by: Alyssa B. Loflin 719.529.1281 alyssa.loflin@exprealty.com • Real Broker, LLC
Listing closed: 10/03/2025 12:00 AM • Source: Royal Gorge AOR, MLS#: 2200100

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Recent comparable sales

Median sold price

$105,000

Avg days on market

104

Sale-to-list ratio

92.8%

Penrose, CO

9 comparable properties found

$145,000 | 802 Turrell Trail, Penrose, CO 81240
1/11
1

$145,000

Sold 12/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
40
Acres
$189,000 | 958 L Street, Penrose, CO 81240
1/12
2

$189,000

Sold 05/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5
Acres
$120,000 | Tbd K Street, Penrose, CO 81240
1/3
3

$120,000

Sold 06/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.62
Acres
$175,000 | 240 Valley Drive, Penrose, CO 81240
1/25
4

$175,000

Sold 09/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
35.3
Acres
$105,000 | 35 Top Rail Trail, Penrose, CO 81240
1/5
5

$105,000

Sold 09/02/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.19
Acres
$70,000 | Tbd 12th Street, Penrose, CO 81240
1/14
6

$70,000

Sold 09/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10
Acres
$50,000 | 14th Street, Penrose, CO 81240
1/12
7

$50,000

Sold 05/27/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10
Acres
a view of city and ocean
1/25
8

$82,500

Sold 10/29/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
40.24
Acres
$100,000 | 100 Broadway, Penrose, CO 81240
1/2
9

$100,000

Sold 07/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.37
Acres

Location

Listing Courtesy of Real Broker, LLC, Alyssa B. Loflin

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Property Information for Tbd R Street

Property Details
  • Taxes: $1,893 / year
  • MLS Type: Land
  • Has View: Yes
  • View: Mountain(s)
  • Zoning: AS
Building Information
  • Lot Size: 35.27 AC
Summary
Location and General Information
  • Directions: From Penrose, head East on HWY 50, Turn right onto R St, property is on the corner of HWY 50 and R ST.
  • Latitude: 38.42417003
  • Longitude: -104.96923488
  • MLS Area Minor: Beaver Park
Taxes and HOA
  • Association: Yes
  • Parcel Number: 3937230002001
  • Tax Annual Amount: $1,893.00
  • Tax Year: 2025
School Information
  • Elementary School: Penrose
Property
Lot Information
  • Lot Features: Sloped
  • Lot Size Acres: 35.27
  • Lot Size Area: 35.27
  • Lot Size Square Feet: 1536361.2
  • Lot Size Units: Acres
  • Topography: Sloping
Property and Assessments
  • Property Type: Land
Farm Information
  • Horse: Yes
Utilities
  • Sewer: Septic Needed
  • Utilities: Electricity Available

Property History for Tbd R Street

DateEvent & SourcePriceAppreciation
Oct 3, 2025

Sold

Royal Gorge AOR #2200100

$160,000
Sep 5, 2025

Pending

Royal Gorge AOR #2200100

Jun 17, 2025

Listed (Active)

Royal Gorge AOR #2200100

$149,000
DateEvent & SourcePrice
10/03/2025

Sold

Royal Gorge AOR #2200100

$160,000
09/05/2025

Pending

Royal Gorge AOR #2200100

06/17/2025

Listed (Active)

Royal Gorge AOR #2200100

$149,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near Tbd R Street

This home is within Fremont Re-2 School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Penrose Elementary School
PublicPK to 6

Florence High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Tbd R Street, Penrose, CO 81240
$160,000
1,536,361
3
2
2,204
435,600
2
1,320
$249,900
3
2
4,133
405,544
4
2
2,042
435,600
$84,900

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, LLC, Alyssa B. Loflin

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Royal Gorge Association of REALTORS®. 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. Real estate listings held by brokerage firms other than Compass and its related brokerages, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Royal Gorge Association of REALTORS®. All Rights Reserved.