Land with Home for Sale in Penrose, Colorado
5101 County Road 123, Penrose, CO 81240
The seller agrees to a $10,000 flooring concession! Discover the perfect blend of rural charm and modern amenities on this 9.7-acre parcel near Penrose, Colorado. Zoned AR (Agricultural Residential), this property offers endless possibilities, whether you're looking for a private retreat, a hobby farm, or a space to build your dream home. Enjoy breathtaking mountain and plains views from your own slice of Colorado paradise. The property features a house with a new metal roof and newly installed vinyl siding. Included with the property is a freezer, and a 2,750 gallon underground water cistern, offering convenience and readiness for rural living. A highlight of the property is the impressive 30ft x 60ft shop/garage building. Built with functionality in mind, it boasts 13ft 6in sidewalls and a convenient 10ft wide x 13ft high sliding door, making it ideal for large vehicles, equipment, or workshop needs. This building features a new metal roof and skylights. There is an insulated room with a mezzanine above, perfect for extra storage or a workspace. Located in the quaint, unincorporated community of Penrose, this property is just a short drive from Canon City and Pueblo, providing easy access to amenities while preserving the peace and quiet of rural living. Do not miss your chance to own this unique property. Contact us today for more information or to schedule a private showing!
Location
- Street address
- 5101 County Road 123
- County
- Fremont County
- Elevation
- 5,546 feet
Property details
- Acreage
- 9.78 acres
- MLS #
- RGAR 4222812
- Posted
Property taxes
- 2024
- $379 - SUBD: VANS COUNTRY ESTATES TR-1 VAN'S COUNTRY ESTATES REF FROM 400-80-018 MSO SURRENDERED 2000
Parcels
- 98704434
Legal description
SUBD: VANS COUNTRY ESTATES TR-1 VAN'S COUNTRY ESTATES REF FROM 400-80-018 MSO SURRENDERED 2000
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Features
- 360-Degree View, Backs to Open Space, Level, Meadow, Mountain View, Rural, Sloping
Exterior
- Parking Spaces
- 3
- Pool
- Deck
Structure
- Stories
- 1
- Heating
- Central, Forced Air, Propane
- Cooling
- Central Air
- Windows
- Aluminum Frames, Single Pane Window(s)
Interior
- Rooms
- Bathroom x 2, Bedroom x 3
- Flooring
- Carpet, Full Carpet, Vinyl
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Propane | Connected | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 1, 2025 | Under contract | $370,000 | — | RGAR |
| Sept 9, 2025 | Price drop | $370,000 | $10,000 -2.6% | RGAR |
| July 28, 2025 | New listing | $380,000 | — | RGAR |