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Land with Home for Sale in Penrose, Colorado

570 Valley Dr, Penrose, CO 81240

$850,000
35.3 acres
Active sale
ago
Est $4,547/mo

Experience the best of country living in Penrose, where breathtaking mountain views & over 35 acres create an extraordinary place to call home. This custom ranch-style home offers 3,400 square feet, featuring 4 bedrooms, 3 bathrooms, and a thoughtfully designed floor plan ideal for everyday living, entertaining, or multigenerational households. The main living area showcases expansive windows that frame the surrounding landscape while filling the main living spaces and 2 bedrooms, 2 baths, and kitchen with custom hickory cabinets with tons of light. Enjoy the wood-burning stove on a cozy winter day. The finished walk-out basement expands the living space with 2 additional bedrooms and bath, a spacious family room, an exercise room/office flex space, and generous storage space. Designed for comfortable country living, the property features a high-producing 25+ GPM well, a reverse osmosis drinking water system, and whole-house water treatment equipment, providing exceptional water quality & peace of mind. Horse and animal lovers will appreciate the 3-stall barn with electricity and water, ample storage for toys and equipment AND an RV hookup just outside, while the detached three-car garage offers abundant room for vehicles, equipment, hobbies, or a workshop. This immaculately maintained property features new windows, new front trex deck, 2026 furnace, 2021 AC, and recent exterior paint. Multiple gardening spaces add to the country charm and independence. A seasonal creek winds through the property, attracting wildlife and enhancing the peaceful setting. Spend evenings watching spectacular sunsets, deer, & wild turkeys while enjoying the serenity of Colorado's wide-open skies. Located just minutes from Penrose & within easy reach of Cañon City, Florence, Pueblo and Colorado Springs, this property offers the perfect balance of seclusion and convenience. Whether you're searching for a horse property, hobby ranch, or simply a private retreat this home delivers it all!

1,700
Sq feet
4
Beds
2
Full baths
1
3/4 bath
2001
Built

Location

Street address
570 Valley Dr
Zip code
81240
Community
Beaver Creek Subdivision
School district
Fremont RE-2
Elevation
5,377 feet
Coordinates
38.4562, -104.9827

Directions

From Hwy 115 between mile marker 19 and 20 head east on Olsen Rd which turns into Valley Drive (do NOT follow the GPS directions and turn into Beaver Creek subdivision as they roads do NOT connect) -- we have placed a sign at this turn-off from Hwy 115. Follow Valley Drive back approximately 1.3 miles and the property will be on your left.

Property details

Acreage
35.3 acres
Zoning
R-3
Access
Private road
MLS #
REcolorado 6882613
Posted

Property taxes

2025
$2,453

Parcels

  • 99404051

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Current Use
Live/Work
Ownership
Corporation/Trust
Terms
Cash, Conventional, VA Loan
Exclusions
Sellers Personal Property. Riding Mower, Tractor Can Be Negotiated Separately. Due Diligence Documents Are Available Upon Request.
Possession
Close Plus 30 to 60 Days, Closing/DOD

Lot

Vegetation
Brush, Mixed, Partially Wooded, Pinon Pines, Sagebrush, Wooded
Road Frontage
Private Road
Road Surface
Dirt
Road Responsibility
Private Maintained Road
View
Mountain(s), Valley
Waterfront
Stream
Well Type
Private
Well Usage
Domestic
Well Permits
132627
Features
Foothills, Level, Many Trees, Secluded

Exterior

Parking Spaces
5
Parking
Concrete, Exterior Access Door
Garage
Attached
Fencing
Partial
Horses Allowed
Yes
Equestrian
Corral(s), Paddocks, Well Allows For
Outdoor Spaces
Deck, Patio
Features
Balcony, Dog Run, Garden, Rain Gutters, Water Feature

Structure

Type
House
Condition
Updated/Remodeled
Style
Traditional
Levels
One
Basement
Finished, Walk-Out Access
Electric
220 Volts
Water
Well
Sewer
Septic Tank
Heating
Forced Air, Propane, Wood
Cooling
Central Air, Evaporative Cooling
Materials
Frame
Roof
Composition
Windows
Double Pane Windows
Foundation
Concrete Perimeter

Interior

Rooms
Bathroom Full x 2, Bathroom Three Quarter, Bedroom x 4, Dining Room x 2, Family Room, Kitchen, Laundry, Living Room, Office, Utility Room
Flooring
Carpet, Stone
Fireplace Count
1
Fireplaces
Free Standing, Great Room, Living Room, Wood Burning Stove
Appliances
Dishwasher, Disposal, Microwave, Oven, Range, Range Hood, Refrigerator
Security
Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
Features
Ceiling Fan(s), Five Piece Bath, High Ceilings, Primary Suite, Solid Surface Counters, Vaulted Ceiling(s)

Property utilities

CategoryTypeStatus
PowerGridConnected
SewageSeptic SystemConnected
WaterPrivate WellConnected
GasPropaneConnected

Nearby schools

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

Listing history

DateEventPriceChangeSource
Aug 16, 2026New listing$850,000REcolorado
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This 35.3-acre property is located at 570 Valley Dr in Penrose, CO 81240. The property is available for sale, priced at $850,000. It has a 1,700 square foot 4-bedroom, 3-bath house built in 2001.

Checked 2 hours agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of Aug 16, 2026 11:00 am 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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