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Land for Sale in Penrose, Colorado

County Road 132, Penrose, CO 81240

$179,900
40 acres
Active sale
Est $1,214/mo

KETTLE CANYON – New 36+ Acre Development!! Be among the first to claim your piece of this stunning new rural development featuring only five 36- 40-acre parcels and one exclusive 80-acre parcel. Lot 2 offers direct access from County Road 132 and includes power already on the property. Enjoy breathtaking panoramic views of the majestic 14,000-foot Sangre de Cristo Mountains and surrounding tree-covered peaks in one of Colorado’s most scenic valleys. The land features gently rolling grasslands dotted with a few trees, BORDERING BLM — ideal for livestock, horses, camping, or building your dream retreat. Set up camp in the heart of your acreage and experience unmatched solitude, fresh mountain air, and wide-open skies. With no covenants and no HOA, you’ll enjoy true freedom, privacy, and peace in this remarkable setting. Newly recorded survey plat map is in the photos.

Location

Street address
County Road 132
Zip code
81240
Community
Kettle Canyon
School district
Canon City RE-1
Elevation
5,969 feet
Coordinates
38.5422, -105.033

Directions

FROM PENROSE:Hwy 50 to Hwy 67 turn RIGHT or north to County Road 123 and turn right to CR 132 turn left. Go 5 miles to land on the left.

Property details

Acreage
40.01 acres
Zoning
R-3
MLS #
REcolorado 8723266
Posted

Property taxes

2026
$15

Parcels

  • 382302000007

Legal description

Details and features

Listing

Type
Land
Subtype
Unimproved Land
Current Use
Livestock
Possible Use
Residential
Ownership
Corporation/Trust
Terms
Cash, Conventional
Exclusions
None
Possession
Closing/DOD

Lot

Vegetation
Grassed, Partially Wooded
Road Frontage
Public
Road Surface
Gravel
Road Responsibility
Public Maintained Road
View
Mountain(s)
Survey
Boundaries Surveyed
Features
Borders Public Land, Foothills

Exterior

Fencing
Partial
Horses Allowed
Yes

Property utilities

CategoryTypeStatus
PowerGridAvailable

Listing history

DateEventPriceChangeSource
May 28, 2026New listing$179,900RGAR
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This 40.01-acre property is located at County Road 132 in Penrose, CO 81240. The land is available for sale, priced at $179,900 — $4,496 per acre.

Checked 2 hours agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of July 16, 2026 7:00 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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