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Land for Sale in Penrose, Colorado

Iron Handle Rd, Penrose, CO 81240

$179,000
36.2 acres
Pending sale
Under contract

Kettle Canyon – New 36+ Acre Development Be among the first to claim your piece of this stunning new rural development featuring only five 36-acre parcels and one exclusive 80-acre parcel. Lot 4 BORDERS BLM and underground power has been installed.. 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 — 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. New recorded survey plat map is in the photos. iron handle Road is private and will have a road users agreement in place for maintenance.

Location

Street address
Iron Handle Rd
Zip code
81240
Community
Kettle Canyon
School district
Fremont RE-2
Elevation
5,843 feet
Coordinates
38.5123, -105.0832

Directions

From Penrose Hwy 50 west to Hwy 67 Turn right to CR 123, Turn to CR right 132, Turn left for 5 miles to the property

Property details

Acreage
36.17 acres
Zoning
R-3
Access
Private road
MLS #
REcolorado 2324385
Posted

Property taxes

2026
$15

Parcels

  • 382302000007

Legal description

Details and features

Listing

Type
Land
Subtype
Unimproved Land
Ownership
Individual
Terms
Cash, Conventional
Exclusions
None
Possession
Closing/DOD

Lot

Vegetation
Grassed, Partially Wooded
Road Frontage
Private Road
Road Surface
Gravel
Road Responsibility
Private Maintained Road
View
Meadow, Mountain(s)
Well Type
Not Drilled
Features
Borders Public Land, Foothills

Exterior

Fencing
Partial
Horses Allowed
Yes

Listing history

DateEventPriceChangeSource
July 1, 2026Under contract$179,000REcolorado
May 29, 2026New listing$179,000RGAR
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This 36.17-acre property is located at Iron Handle Rd in Penrose, CO 81240. The land is pending sale.

Checked 1 hour agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of July 16, 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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