
Land with Home for Sale in Penrose, Colorado
1400 K St, Penrose, CO 81240
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.
Location
- Street address
- 1400 K St
- County
- Fremont County
- Zip code
- 81240
- Community
- Beaver Park
- School district
- Fremont RE-2
- Elevation
- 5,253 feet
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
SUBD: BEAVER PARK(ALL FIL) LOT 1 SS SUB REF FROM 690-03-530/690-05- 160
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
| Category | Type | Status |
|---|---|---|
| Power | Grid | Connected |
| Water | Public | Available |
| Sewage | Septic System | Connected |
| Gas | Propane | Connected |
Nearby schools
| Name | Type | District |
|---|---|---|
| Penrose | Elementary | Fremont RE-2 |
| Fremont | Middle | Fremont RE-2 |
| Florence | High | Fremont RE-2 |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 5, 2026 | Price drop | $630,000 | $5,000 -0.8% | REcolorado |
| Mar 23, 2026 | Price drop | $635,000 | $100,000 -13.6% | RGAR |
| Mar 15, 2026 | New listing | $735,000 | — | RGAR |





















