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Land with Home for Sale in Penrose, Colorado

1400 K St, Penrose, CO 81240

$630,000
4.72 acres
Active sale
$5k drop
Est $3,366/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
Zip code
81240
Community
Beaver Park
School district
Fremont RE-2
Elevation
5,253 feet
Coordinates
38.4061, -105.0003

Directions

Highway 50 east of 115, right on K St then 1/2 mile to the property on the east side of K Street

Property details

Acreage
4.72 acres
Zoning
R-2
MLS #
REcolorado 3634154
Posted

Property taxes

2025
$1,760

Parcels

  • 3937090015001

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Current Use
Agricultural, Live/Work, Livestock
Ownership
Individual
Terms
Cash, Conventional, VA Loan
Exclusions
Washer, Dryer, Refrigerator
Possession
Negotiable

Lot

Vegetation
Grass Hay
Irrigation Source
Ditch
Road Frontage
Public
Road Surface
Gravel
Road Responsibility
Public Maintained Road
Exposure
West
View
Mountain(s), Plains
Features
Level, Meadow, Suitable For Grazing

Exterior

Parking Spaces
2
Garage
Attached
Fencing
Fenced Pasture
Horses Allowed
Yes
Equestrian
Corral(s), Pasture

Structure

Type
House
Condition
Updated/Remodeled
Style
Traditional
Levels
One
Basement
Full, Unfinished
Electric
220 Volts
Sewer
Septic Tank
Heating
Forced Air
Cooling
Evaporative Cooling
Materials
Brick, Frame
Roof
Composition
Windows
Double Pane Windows
Foundation
Concrete Perimeter

Interior

Above Grade
1,798 sq ft
Below Grade
1,152 sq ft
Rooms
Bathroom Full x 2, Bedroom x 3, Dining Room, Kitchen, Laundry, Living Room, Media Room
Flooring
Wood
Fireplaces
Wood Burning Stove
Appliances
Dishwasher, Range
Features
Ceiling Fan(s), Granite Counters, High Speed Internet

Property utilities

CategoryTypeStatus
PowerGridConnected
WaterPublicAvailable
SewageSeptic SystemConnected
GasPropaneConnected

Nearby schools

NameTypeDistrict
PenroseElementaryFremont RE-2
FremontMiddleFremont RE-2
FlorenceHighFremont RE-2

Listing history

DateEventPriceChangeSource
Aug 5, 2026Price drop$630,000$5,000 -0.8%REcolorado
Mar 23, 2026Price drop$635,000$100,000 -13.6%RGAR
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, priced at $630,000. It has a 2,950 square foot 3-bedroom, 2-bath house built in 1975.

Checked 1 hour agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of Aug 11, 2026 1:00 pm MT. 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. Some IDX listings have been excluded from this website. View more

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