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Land with Home for Sale in Penrose, Colorado

1400 K St, Penrose, CO 81240

$735,000
4.72 acres
Active sale
ago
Est $3,673/mo

Updated Brick Ranch on 4.7 Irrigated Acres with Horse Barn with adjacent 4.7 acre irrigated parcel for sale separately for $125,000, creating a rare opportunity to own a total of 9.4 irrigated acres in Fremont County. This well-maintained brick ranch in Penrose, Colorado, offers move-in-ready comfort on 9.4 irrigated acres, fenced, and cross-fenced acres, complete with a 30x30 horse barn, small corral, and shade trees. Inside, you'll find 2950 sq ft with 1798 sf on the main level with real hardwood floors and a desirable split-bedroom layout plus a beautifully finished lower level rec room. The open-concept design flows from the living room to the dining area and fully remodeled kitchen featuring AristoKraft cabinets, granite counters, stainless steel appliances, and a glass cooktop. The spacious primary suite offers two walk-in closets and a beautifully updated ensuite bath. Two additional bedrooms and a second full bath are located on the opposite side of the home for privacy and flexibility. A finished basement provides a large rec room ideal for hobbies, a home theater, or extra living space. Comfort is ensured year-round with baseboard heat from a high-efficiency boiler and a roof-mounted evaporative cooler. A new roof was installed in 2021 as part of a full remodel. Solar array was installed in 2023. With a wood stove, a new on-demand hot water system, and updated boiler system ensure that your energy bills will be as low as can be. The acreage is ideal for livestock, gardening, or simply enjoying wide-open space. With its solid construction, thoughtful upgrades, and room to grow, this property offers the best of Colorado living; peaceful, spacious, and practical. Located just minutes from Florence, Canon City, and Pueblo, with Colorado Springs an easy drive away.

2,950
Sq feet
3
Beds
2
Full baths
1975
Built

Location

Street address
1400 K St
Elevation
5,253 feet
Coordinates
38.4062, -104.9994

Property details

Acreage
4.72 acres
MLS #
RGAR 4720347
Posted

Property taxes

2025
$1,770

Parcels

  • 3937090015001

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Keller Williams Realty

Lot

Features
360-Degree View, Level, Mountain View, Rural

Exterior

Parking Spaces
2

Structure

Stories
1
Heating
Forced Air
Cooling
Evaporative Cooling
Windows
Wood Frames

Interior

Rooms
Basement, Bathroom x 2, Bedroom x 3, Dining Room, Game Room, Laundry Room x 2, Living Room, Media Room
Flooring
Wood
Fireplaces
Yes

Listing history

DateEventPriceChangeSource
Mar 15, 2026New listing$735,000RGAR
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This 4.72-acre property is located at 1400 K St in Penrose, CO 81240. The property is available for sale for $735,000. It has a 2,950 sq ft 3 bedroom, 2 bath house built in 1975.

Checked 2 hours ago — Updated

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