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Land with Home for Sale in Penrose, Colorado

18530 State Highway 115, Penrose, CO 81240

$1,375,000
108 acres
Active
ago
Est $7,025/mo

Beaver Creek Ranch is a stunning 108-Acres with an Adobe-Style Home, Arena, Barn & More! Tucked away off of Highway 115, down a private driveway, this 2,915 sf adobe-style home sits on 108 acres of ranch land, perfectly equipped for both equestrian and agricultural pursuits. This property offers endless opportunities-whether you're looking for a working ranch, private retreat, or multi-use estate. The main level of the home boasts classic adobe character with beautiful wood beams, tile flooring, and spacious living. A large family room, separate living room, dining room, laundry room, and a kitchen with a walk-in pantry create a functional and inviting layout. The master suite features a generous walk-through closet. New flooring enhances the living space. Upstairs, a third bedroom and full bathroom with its own outdoor entrance provides great flexibility-ideal for guests, rental, multi generational living or can be used as a craft room. The home is largely self-sufficient with 72 solar panels. Sweeping mountain views and a seasonal creek attract abundant wildlife, creating a peaceful, scenic backdrop. For equestrian enthusiasts, this ranch is truly horse-ready. It features a 300' x 155' riding arena, a 50' x 115' barn with 9 stalls, tack room & hay storage. A loafing shed & 4 corrals with shipping chute. Approximately 30 acres of irrigated hay field provide agricultural potential, with hay freshly baled in August. The property comes with 31 shares of irrigated water shares through Beaver Park Water. Additional income is generated by a discreet internet tower leased to SECOM, located out of sight on a near by bluff. There is also a shooting range at the back of the property. With its private setting & wide-open spaces and located just north of downtown Penrose, close to Canon City, Pueblo & Colorado Springs, this unique property is a rare gem!

2,915
Sq feet
3
Beds
2
Full baths
1
3/4 bath
1985
Built

Location

Street address
18530 State Highway 115
Elevation
5,446 feet
Coordinates
38.4647, -104.9922

Property details

Acreage
108 acres
MLS #
RGAR 7957906
Posted

Property taxes

2024
$3,459

Parcels

  • 67080078

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Level, Meadow, Stream/ Creek, View of Rock Formations

Exterior

Parking Spaces
2

Structure

Water
Well
Heating
Baseboard, Electric

Interior

Rooms
Bathroom x 3, Bedroom x 3, Dining Room, Family Room, Laundry Room x 2
Flooring
Ceramic Tile, Laminate

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Dec 1, 2025New listing$1,375,000RGAR
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This 108-acre property is located at 18530 State Highway 115 in Penrose, CO 81240. The property is available for sale for $1,375,000. It has a 2,915 sq ft 3 bedroom, 2 bath house built in 1985.

Checked 1 hour ago — Updated

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