Land with Home for Sale in Penrose, Colorado

Situated on over 73 acres across two parcels, this exceptional Colorado ranch property offers a rare combination of privacy, recreation, and future development potential. The cozy 2-bedroom, 2-bath ranch home features a covered front deck with stunning views of Table Mountain and the Beaver Creek Wilderness Area, a grid-tied solar system for low utility costs, and a newer pellet stove for year-round comfort.New windows and Luxury Vinyl Plank in the bedrooms. The property is fully equipped for ranching or hobby farming with a 30x40 insulated garage/shop, a 30x46 insulated barn, livestock facilities, multiple storage sheds, partial fencing, and an electronic security gate. The second parcel has been thoughtfully prepared as a future dream-home site, featuring a 10 GPM well with commercial reverse osmosis, a 2,500-gallon buried cistern, underground power, completed septic perk testing, and more than $100,000 in infrastructure improvements already in place. With breathtaking views of dramatic red rock formations and the snow-capped Sangre de Cristo Mountains, plus easy access to fishing, horseback riding, hiking, and trout-filled Beaver Creek, this is a truly unique opportunity to own a well-improved mountain ranch retreat.