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Land with Home for Sale in Penrose, Colorado

611 Q St, Penrose, CO 81240

$700,000
20 acres
Active
ago
Est $3,550/mo

Welcome to 611 Q St, Penrose, CO 81240 - a rare 20-acre retreat with unmatched versatility, panoramic views, and room to grow. Situated on two fully fenced 10-acre parcels, this exceptional property offers the flexibility to add a second residence (potentially eligible for an additional water tap per Penrose Water District-buyer to verify). Whether you're looking for multi-generational living, agricultural use, or a peaceful homestead, this property delivers. The well-maintained home features a thoughtful layout with garden-level windows in the basement, bringing in natural light and mountain views. The primary suite has been upgraded with a walk-in shower, and the kitchen is outfitted with stainless steel appliances, plus washer and dryer included for convenience. Central A/C keeps the home comfortable year-round. Step outside to enjoy a massive rooftop deck-perfect for entertaining or soaking in the breathtaking landscape-and a detached metal shop that can accommodate up to 8 cars or a motorhome. The shop is equipped with a wood stove for heat, a 50-amp circuit for welding or RVs, and even features a mechanic's pit for working on vehicles. With no HOA, zoning that allows horses and cows, and 20 acres of flat, usable land, this property is a dream come true for hobby farmers, car enthusiasts, and those seeking Colorado country living with room to expand.

2,484
Sq feet
3
Beds
4
Full baths
1991
Built

Location

Street address
611 Q St
School district
Florence/Fremont RE-2
Elevation
5,414 feet
Coordinates
38.435, -104.9743

Property details

Acreage
20 acres
MLS #
PPAR 1309962
Posted

Property taxes

2024
$1,448

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
360-Degree View, Cul-de-Sac, Level, Mountain View, View of Rock Formations

Exterior

Parking Spaces
10
Structures
Workshop

Structure

Basement
Partial
Heating
Forced Air, Natural Gas, Propane
Cooling
Ceiling Fan(s), Central Air
Roof
Tile

Interior

Rooms
Bathroom x 4, Bedroom x 3, Dining Room, Family Room, Laundry Room x 2
Accessibility
Accessible Approach With Ramp

Property utilities

CategoryTypeStatusDescription
GasNatural GasConnected
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Jan 14, 2026New listing$700,000PPAR
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This 20-acre property is located at 611 Q St in Penrose, CO 81240. The property is available for sale for $700,000. It has a 2,484 sq ft 3 bedroom, 4 bath house built in 1991.

Checked 2 hours ago — Updated

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Copyright (C) 2026 Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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