Residential Land for Sale in Penrose, Colorado

Build-ready 3.19-acre parcel in Penrose, Colorado with expansive mountain views and unforgettable sunsets. The site is ready for construction and features protective covenants with no HOA, offering both flexibility and value protection. Water tap is paid, and electric is available at the property line, reducing upfront development costs. Plenty of room for horses, a custom home, shop, or outbuildings. Enjoy privacy, wide-open space, paved roads and scenic surroundings while remaining accessible to nearby communities. Ideal for buyers or investors seeking buildable acreage with strong long-term appeal and immediate development potential. Drive by and look at the possibilities.