
Residential Land with Home for Sale in Penrose, Colorado
4200 County Road 123, Penrose, CO 81240
Enjoy peaceful country living in this spacious 3-bedroom, 2-bath modular home perfectly situated on 5 beautiful acres. The home features brand-new flooring throughout and has been freshly cleaned and move-in ready-perfect for those seeking comfort and space. The open floor plan offers a welcoming living area, bright kitchen with plenty of cabinet space, and a roomy dining area for family gatherings. The primary suite includes a private bath and generous closet space, while the additional bedrooms provide flexibility for guests, home office, or hobbies. Outside, you'll find a detached garage and multiple outbuildings, ideal for storage, a workshop, or small livestock. The property offers endless possibilities-gardening, recreation, or simply enjoying the peace and privacy of rural life. FHA financing welcome! Don't miss your chance to own this well-maintained country retreat-clean, ready to go, and waiting for its next owner.
Location
- Street address
- 4200 County Road 123
- County
- Fremont County
- Elevation
- 5,526 feet
Property details
- Acreage
- 5 acres
- MLS #
- RGAR 9298392
- Posted
Property taxes
- 2024
- $1,021 - LOTS 3 & 4 BLK 36 WATERSVILLE SUB TOG WITH N2 VACATED ALLISON AVE & W2 VAC DOWLING AVE
Parcels
- 40001020
Legal description
LOTS 3 & 4 BLK 36 WATERSVILLE SUB TOG WITH N2 VACATED ALLISON AVE & W2 VAC DOWLING AVE
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Keller Williams Realty
Lot
- Features
- Level, Mountain View
Exterior
- Parking Spaces
- 2
Structure
- Stories
- 1
- Heating
- Natural Gas
- Cooling
- Evaporative Cooling
Interior
- Rooms
- Bathroom x 2, Bedroom x 3, Dining Room, Laundry Room x 2
- Flooring
- Carpet, Vinyl
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Power | Grid | Available | — |
| Gas | Natural Gas | Connected | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 1, 2025 | Price drop | $325,000 | $25,000 -7.1% | RGAR |
| Oct 29, 2025 | New listing | $350,000 | — | RGAR |


























