
Land with Home for Sale in Penrose, Colorado
18530 State Highway 115, Penrose, CO 81240
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!
Location
- Street address
- 18530 State Highway 115
- County
- Fremont County
- Elevation
- 5,446 feet
Property details
- Acreage
- 108 acres
- MLS #
- RGAR 7957906
- Posted
Property taxes
- 2024
- $3,459
Parcels
- 67080078
Legal description
SUBD: M & B OR UNKNOWN A PAR IN SEC 22-18-68 TR-57 THAT POR OF THE SW4 & SE4NW 4 SEC 22-18-68 DESC AS FOLL BEG AT THE SW COR OF SW4 SEC 22; TH S 89 DEG 20'12" 2068.02 FT; TH N 04 DEG 06' 48"E 1598.40 FT; TH N 18 DEG 52'39"W 1200.64 FT TO SELY R/W HWY 115; TH S 63 DEG 58'00"W ALG R/W 2013.36 FT TO W LN SW4 SEC 22; TH S 00 DEG 35'39"E 1814.71 FT TO POB. EXCEPT THAT POR OF SW4SW4 CONVEYED TO BEAVER WATER & IRRIG CO B152-P502 TOGETHER WITH AN UNDIVIDED 1/44 INT IN RATHKE PARK MANUF #93000-01-498
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
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Propane | Connected | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 1, 2025 | New listing | $1,375,000 | — | RGAR |














































