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Land with Home for Sale in Penrose, Colorado

68948 US Highway 50, Penrose, CO 81240

$1,299,000
63.8 acres
Active sale
Est $7,491/mo

A once-in-a-lifetime opportunity to own a true piece of the American dream! This beautiful custom home is nestled on over 63 acres and offers privacy, space, and breathtaking 360° mountain views. A charming bell calls everyone together to gather and enjoy the beauty of Colorado. The main residence features a private primary suite secluded from the other bedrooms, plus a private den with slate floors, fireplace, and separate garage entrance. The heart of the home is a cook’s kitchen with commercial refrigerator/freezer, mahogany cabinets, pass-through, and galvanized steel flooring. A family-size dining room and main living room open to a composite deck, creating an ideal space for entertaining. A private loft getaway provides children with their own special retreat. Downstairs offers a family room with wood-burning stove, second bedroom with attached ¾ bath, two additional bedrooms, another bath, and abundant storage throughout. Passive solar adds to the home's thoughtful design. Step outside to enjoy stunning mountain views from the deck or patio, stroll the acreage, or gather around the fire pit for an unforgettable evening. A separate Casita features its own kitchen, living room, and bedroom—perfect for guests, a college student, or rental income. Dreaming of a private gym? A dedicated building is ready for your fitness space and includes a mini-split for heating and cooling. History enthusiasts will love the original Trapper Cabin brought to the property from South Park, offering a charming private retreat. The property also includes a graveled RV parking area, grazing land, round pen, and small-animal building secured by a 6-foot chain-link fence. Come live your Colorado dream—where majestic views, clean mountain air, privacy, and endless possibilities await. This is more than a home. It is a place to breathe deeply, slow down, gather with the people you love, and experience the freedom of wide-open Colorado living. Come live your dream and enjoy life!

3,504
Sq feet
4
Beds
1
Full bath
2
3/4 baths
1986
Built

Location

Street address
68948 US Highway 50
Zip code
81240
Community
Roze Ranch
School district
Fremont RE-2
Elevation
5,143 feet
Coordinates
38.384, -104.9606

Directions

From Denver I-25 South to Highway 50. Home will be on the left.

Property details

Acreage
63.82 acres
Zoning
R-3
MLS #
REcolorado 6980667
Posted

Property taxes

2025
$4,396

Parcels

  • 3937230002002

Legal description

Resources

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Current Use
Live/Work
Ownership
Corporation/Trust
Terms
Cash, Conventional, VA Loan
Exclusions
Seller's Personal Property

Lot

Vegetation
Brush, Heavily Wooded, Pine, Pinon Pines
Road Frontage
Public
Road Surface
Paved
Road Responsibility
Public Maintained Road
View
Mountain(s), Plains, Valley
Well Type
Operational, Private
Well Usage
Domestic
Well Permits
217022-A
Features
Many Trees, Meadow, Rock Outcropping, Sloped, Sprinklers in Rear, Suitable For Grazing

Exterior

Parking Spaces
2
Parking
Gravel, Oversized
Garage
Attached
Fencing
Full
Equestrian
Pasture, Round Pen, Well Allows For
Outdoor Spaces
Deck, Patio
Features
Fire Pit, Garden, Rain Gutters

Structure

Type
House
Levels
One
Basement
Finished
Electric
220 Volts
Water
Cistern, Well
Sewer
Septic Tank
Heating
Baseboard, Electric, Hot Water, Passive Solar, Propane, Wood, Wood Stove
Materials
Block, Stucco
Roof
Metal, Spanish Tile
Windows
Egress Windows, Window Coverings, Window Treatments

Interior

Above Grade
2,549 sq ft
Below Grade
955 sq ft
Rooms
Bathroom Full, Bathroom Three Quarter x 2, Bedroom x 4, Dining Room, Family Room, Kitchen, Laundry, Living Room x 2
Flooring
Brick, Laminate, Stone, Tile
Fireplaces
Free Standing, Living Room, Wood Burning, Wood Burning Stove
Appliances
Dishwasher, Electric Water Heater, Freezer, Oven, Range, Refrigerator, Tankless Water Heater, Water Softener
Security
Carbon Monoxide Detector(s), Security System, Smoke Detector(s), Video Doorbell
Features
Built-In Features, Ceiling Fan(s), Eat-In Kitchen, Entrance Foyer, High Ceilings, In-Law Floorplan, Open Floorplan, Primary Suite, Tile Counters, Vaulted Ceiling(s)

Property utilities

CategoryTypeStatus
PowerGridConnected
SewageSeptic SystemConnected
WaterPrivate WellConnected
WaterCisternConnected
GasPropaneConnected

Nearby schools

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

Listing history

DateEventPriceChangeSource
Sept 3, 2026New listing$1,299,000—PAR
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This 63.82-acre property is located at 68948 US Highway 50 in Penrose, CO 81240. The property is available for sale, priced at $1,299,000. It has a 3,504 square foot 4-bedroom, 3-bath house built in 1986.

Checked 1 hour agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of Oct 21, 2026 1:00 pm 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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