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Land with Home for Sale in Penrose, Colorado

193 Top Notch Trl, Penrose, CO 81240

$649,000
6.2 acres
Pending sale
Under contract

Package Deal – Lots 6 & 8 | 6.21 Acres | Top Rail Ranch An exceptional opportunity to own a truly custom-built home offered as a package with both Lots 6 & 8, totaling 6.21 acres in the desirable Top Rail Ranch. Designed for comfort, functionality, and wide-open living, this impressive property blends luxury finishes with space for horses, hobbies, and breathtaking Colorado views. The expansive home features 4 bedrooms, 3.5 baths, and an attached 3-car garage, complemented by a detached 32’ x 48’ shop with an additional 16’ x 48’ covered horse stall area—perfect for equestrian or workshop needs. Inside, you’ll find a one-of-a-kind custom interior with soaring vaulted ceilings, slate and hardwood floors, and beautifully stained solid wood doors and trim throughout. Large bay windows flood the home with natural light while showcasing stunning mountain views, sunrises, and sunsets. The open kitchen is ideal for both everyday living and entertaining, offering solid wood cabinetry, Corian countertops, a large prep island, and a cozy breakfast area. Additional main-level highlights include a formal dining room, a spacious family room with a warming pellet stove, and a private office, perfect for working from home. Upstairs, retreat to the impressive 13’ x 33’ primary suite, featuring a three-way gas fireplace, expansive windows, a private sun deck, and a huge walk-in closet. The five-piece primary bath includes double vanities and an inviting jetted spa tub. The lower level offers a large open recreation room ideal for entertaining, a separate exercise room, and an additional bedroom and full bath, providing flexible living space for guests or family. The additional lot enhances the value even further with a 130’ x 260’ riding arena and a paid Penrose water tap, making this a rare and versatile property. This is a unique chance to own acreage, luxury, and functionality—all in one remarkable package.

3,820
Sq feet
4
Beds
2
Full baths
1
3/4 bath
1
1/2 bath
1997
Built

Location

Street address
193 Top Notch Trl
Community
Top Rail Ranch
School district
Fremont RE-2
Elevation
5,289 feet
Coordinates
38.4057, -104.9531

Directions

Highway 50 to R Street in Penrose, North on R Street to 15th St., East on 15th to Top Notch Trail, Left to property

Property details

Acreage
6.21 acres
Zoning
R-1
MLS #
REcolorado 7777881
Posted

Property taxes

2024
$2,398

Parcels

  • 99604120

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Terms
Cash, Conventional, FHA, USDA Loan, VA Loan
Conditions
None
Possession
Negotiable

Lot

View
Mountain(s)

Exterior

Parking Spaces
7
Parking
Gravel
Garage
Attached
Fencing
Full, Partial
Outdoor Spaces
Covered, Front Porch, Patio
Features
Balcony

Structure

Type
House
Levels
Two
Basement
Finished
Water
Public
Sewer
Septic Tank
Heating
Forced Air, Propane, Radiant
Cooling
Central Air
Materials
Frame, Stucco
Roof
Composition

Interior

Above Grade
2,352 sq ft
Below Grade
1,468 sq ft
Rooms
Bathroom Full x 2, Bathroom Half, Bathroom Three Quarter, Bedroom x 4, Dining Room, Family Room, Kitchen, Laundry, Living Room, Office
Appliances
Dishwasher, Microwave, Oven, Range, Refrigerator

Property utilities

CategoryTypeStatus
WaterPublicAvailable
SewageSeptic SystemConnected

Nearby schools

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

Listing history

DateEventPriceChangeSource
Apr 29, 2026Under contract$649,000REcolorado
Mar 24, 2026Price drop$649,000$47,000 -6.8%RGAR
Feb 12, 2026Price drop$696,000$14,000 -2%RGAR
Jan 23, 2026New listing$710,000RGAR
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This 6.21-acre property is located at 193 Top Notch Trl in Penrose, CO 81240. The property is pending sale. It has a 3,820 sq ft 4 bedroom, 2 bath house built in 1997.

Checked 2 hours ago — Updated

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REcolorado

Based on information submitted to the MLS GRID as of May 6, 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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