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Improved Land for Sale in Penrose, Colorado

685 7th St, Penrose, CO 81240

$269,900
9 acres
Active sale
ago
Est $1,479/mo

Endless Possibilities on 9 Acres in Penrose! Discover the perfect blend of country living and future opportunity. Situated on approximately 9 acres, this property offers abundant space for horses, hobby farming, recreation, or simply enjoying the peaceful Colorado lifestyle with panoramic mountain and rural views. Beyond its existing residential appeal, this property presents exciting investment potential. With its location and generous acreage, buyers may wish to explore the possibility of subdivision or future commercial development, subject to Fremont County planning, zoning, and approval requirements. Whether you're looking for a private estate, an income-producing investment, or land with long-term upside, this property offers flexibility that is becoming increasingly difficult to find. Conveniently located with easy access to Highway 50 and Colorado Springs, Penrose continues to experience steady growth, making this a unique opportunity to own acreage with both immediate enjoyment and future potential. Buyer to verify all information, including zoning, land use, subdivision potential, and any future development possibilities with Fremont County.

1,512
Sq feet
3
Beds
2
Full baths
1975
Built

Location

Street address
685 7th St
Zip code
81240
Community
Beaver Park
School district
Fremont RE-2
Elevation
5,362 feet
Coordinates
38.4331, -105.0226

Directions

From US-50 W/W U.S. Hwy 50, take the CO-115 exit toward Florence/Colo Spgs, turn right onto CO-115 N, turn right onto 7th St, home will be on the left

Property details

Acreage
9 acres
MLS #
REcolorado 6039342
Posted

Property taxes

2025
$1,198

Parcels

  • 69007000

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Ownership
Individual
Terms
Cash
Exclusions
Seller's Personal Property.
Possession
Closing/DOD

Lot

Road Frontage
Public
Road Surface
Paved
Features
Level

Exterior

Parking Spaces
1
Parking
Gravel
Fencing
None
Outdoor Spaces
Covered, Front Porch

Structure

Type
Manufactured House
Levels
One
Sewer
Public Sewer
Heating
Forced Air
Cooling
Evaporative Cooling
Materials
Frame
Roof
Rolled/Hot Mop
Mobile Home Type
Double Wide
Foundation
Pillar/Post/Pier

Interior

Rooms
Bathroom Full x 2, Bedroom x 3, Dining Room, Kitchen, Living Room
Appliances
Oven, Range, Refrigerator

Property utilities

CategoryTypeStatus
PowerGridConnected
GasNatural GasConnected
SewageSewerConnected
WaterPublicAvailable

Nearby schools

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

Listing history

DateEventPriceChangeSource
Aug 6, 2026New listing$269,900REcolorado
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This 9-acre property is located at 685 7th St in Penrose, CO 81240. The property is available for sale, priced at $269,900. It has a 1,512 square foot 3-bedroom, 2-bath house built in 1975.

Checked 2 hours agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of Aug 13, 2026 7:00 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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