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Land with Home for Sale in Penrose, Colorado

1534 7th St, Penrose, CO 81240

$690,000
10 acres
Pending sale
Under contract

This isn’t a “scroll past” listing—it’s a right buyer, right moment property. A custom Northern New Mexico–inspired ranch on 10 acres, built with ICF construction a clear focus on craftsmanship, quality, and long-term livability. A solid hickory front door sets the tone, leading into a light-filled, open layout framed by Marvin Integrity windows, exposed wood beams, transom accents, and acid-stained concrete floors w/ radiant in-floor heat. Step-free living—no stairs or barriers anywhere in the home, a true zero-step floor plan designed for ease, comfort, and long-term usability. The kitchen is built for real use w/ custom hickory cabinetry, a 4x12 stainless steel island with power, quartz countertops a distinctive pebble finish, high-end appliances, a large Ruvati farmhouse sink. Primary suite opens directly to the patio w/ sweeping views of the Wet Mountains and Greenhorn range, complemented by a spa-style bath with multi-head shower, custom wood vanity, natural light from a solar tube. Throughout the home, you’ll find a level of material quality and detail rarely seen in comparable properties—from solid wood construction, epoxy grout finishes, and limestone windowsills to thoughtfully designed spaces filled with natural light and warmth. Additional features include a wood-burning stove with fresh air intake, energy-efficient blinds, oversized heated garage with workspace, and flexible bonus/studio space with 220 power ideal for hobbies, equipment, or a home business. This is a true horse property with irrigation water shares, gated pipe system, multiple outbuildings including shop, tractor storage, and utility sheds, plus ample room for animals, riding, equipment, or future expansion, along with nearly 900 square feet of covered patios and courtyard spaces designed for year-round outdoor living. Located in Penrose, offers privacy and a sense of place that’s increasingly hard to find—ideal for a buyer who values how a home is built just as much as how it lives.

2,277
Sq feet
4
Beds
1
Full bath
1
3/4 bath
2002
Built

Location

Street address
1534 7th St
Community
Beaver Park
School district
Fremont RE-2
Elevation
5,361 feet
Coordinates
38.4315, -104.9812

Directions

Going south on 115, take a left on K St, then a left on 7th St.

Property details

Acreage
10 acres
Zoning
R-2
MLS #
REcolorado 6705889
Posted

Property taxes

2024
$2,110

Parcels

  • 69080075

Legal description

Resources

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Possession
Closing/DOD

Lot

Irrigation Source
Ditch
Road Frontage
Public
Road Surface
Gravel
Road Responsibility
Public Maintained Road
View
Mountain(s)
Features
Level

Exterior

Parking Spaces
2
Parking
Concrete
Garage
Attached
Fencing
Partial
Outdoor Spaces
Covered, Patio
Features
Private Yard

Structure

Type
House
Levels
One
Sewer
Septic Tank
Heating
Hot Water, Radiant Floor
Cooling
Central Air
Materials
ICFs (Insulated Concrete Forms), Stucco
Roof
Metal
Windows
Double Pane Windows
Foundation
Slab

Interior

Rooms
Bathroom Full, Bathroom Three Quarter, Bedroom x 4, Kitchen, Laundry, Living Room
Fireplace Count
1
Fireplaces
Wood Burning
Appliances
Dishwasher, Dryer, Microwave, Oven, Range, Range Hood, Refrigerator, Trash Compactor, Washer
Features
Ceiling Fan(s), High Ceilings, Kitchen Island, Vaulted Ceiling(s)

Property utilities

CategoryTypeStatus
PowerGridAvailable
GasNatural GasAvailable
WaterPublicAvailable
SewageSeptic SystemConnected

Nearby schools

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

Listing history

DateEventPriceChangeSource
May 20, 2026Under contract$690,000REcolorado
May 5, 2026Price drop$690,000$10,000 -1.4%REcolorado
Apr 11, 2026New listing$700,000PPAR
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This 10-acre property is located at 1534 7th St in Penrose, CO 81240. The property is pending sale. It has a 2,277 sq ft 4 bedroom, 1 bath house built in 2002.

Checked 1 hour agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of May 26, 2026 9:00 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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