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Land with Home for Sale in Penrose, Colorado

828 3rd St, Penrose, CO 81240

$175,500
4.67 acres
Pending sale
Under contract

Look past the surface! There is more than meets the eye with this one! Two water taps, two septic tanks, two power poles! This property is fully primed for building right away. Unlock the ultimate Colorado potential with this nearly 5-acre Penrose property, beautifully framed by breathtaking, unobstructed mountain views. While the existing 3-bedroom, 1.75-bathroom home is ready for a fresh vision or your own personal updates, the true value here lies in the rare, premium infrastructure already established and fully paid for! You get a tremendous head start with these utilities in place. This is an exceptional, turnkey foundation for your plans, offering the flexibility to live in the current space while you build a custom dream home, add a second dwelling, or set up a multi-home property. Whether you choose to build from the ground up, bring in a modular design, or create a unique setup with a tiny home alongside the current structure, the heavy lifting of utility setup is completely done. Skip the costly, time-consuming utility delays and embrace a rare opportunity to bring your vision to life on your own land. Call now!

1,216
Sq feet
3
Beds
1
Full bath
1
3/4 bath
1996
Built

Location

Street address
828 3rd St
Zip code
81240
School district
Fremont RE-2
Elevation
5,460 feet
Coordinates
38.446, -105.0131

Directions

From the intersection of Hwy 115 and Hwy 50, go north on Hwy 115 to 3rd Street. Turn east on 3rd Street, and the home is on the Southside of the street.

Property details

Acreage
4.67 acres
Zoning
R-3
MLS #
REcolorado 7751647
Posted

Property taxes

2025
$482

Parcels

  • 69080176

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Ownership
Individual
Terms
Cash, Conventional
Exclusions
None
Possession
Closing/DOD

Lot

View
Mountain(s)

Exterior

Parking Spaces
2
Fencing
Partial

Structure

Type
Manufactured House
Levels
One
Water
Public
Sewer
Septic Tank
Heating
Forced Air
Cooling
Evaporative Cooling
Materials
Wood Siding
Roof
Metal
Mobile Home Type
Single Wide

Interior

Rooms
Bathroom Full, Bathroom Three Quarter, Bedroom x 3, Dining Room, Kitchen, Laundry, Living Room

Property utilities

CategoryTypeStatus
WaterPublicAvailable
SewageSeptic SystemConnected

Nearby schools

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

Listing history

DateEventPriceChangeSource
Sept 23, 2026Under contract$175,500REcolorado
Sept 22, 2026Price drop$175,500$120,000 -40.6%REcolorado
Sept 5, 2026New listing$295,500REcolorado
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This 4.67-acre property is located at 828 3rd St in Penrose, CO 81240. The property is pending sale. It has a 1,216 square foot 3-bedroom, 2-bath house built in 1996.

Checked 1 hour agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of Sept 23, 2026 5:00 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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