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Land for Sale in Penrose, Colorado

Iron Handle Rd, Penrose, CO 81240

$400,000
83.5 acres
Active sale
Est $2,699/mo

This PREMIUM 83.54-acre property BORDERING MILES of BLM land offers an extraordinary blend of rolling meadows, steep forested hillsides, dramatic red rock formations, and breathtaking elevated views of the valley below. Private and secluded, it feels like your own personal Garden of the Gods, with endless opportunities to explore and enjoy the surrounding public lands right from your boundary. With no covenants or restrictions, you can camp while planning your dream home or getaway retreat. The property's natural beauty, abundant wildlife, and exceptional solar potential make it a rare find, and with POWER NOW INSTALLED, convenience and off-grid possibilities come together in one remarkable offering.

Location

Street address
Iron Handle Rd, Lot 6 & 7
Zip code
81240
Community
Kettle Canyon
School district
Canon City RE-1
Elevation
5,897 feet
Coordinates
38.5171, -105.0822

Directions

From Penrose Take Hwy 50 west to Hwy 67. Turn right to CR 123, Turn right to CR 132. Stay on this for 5 miles to land on the left on Iron Handle Road

Property details

Acreage
83.54 acres
Zoning
R-3
Access
Private road
MLS #
REcolorado 3792820
Posted

Property taxes

2026
$30

Parcels

  • 3823020000007

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
Private Road
Road Surface
Gravel
Road Responsibility
Private Maintained Road
View
Meadow, Mountain(s)
Well Type
Not Drilled
Features
Borders Public Land, Cul-De-Sac, Foothills, Mountainous, Rock Outcropping, Rolling Slope, Sloped

Exterior

Fencing
Partial
Horses Allowed
Yes

Property utilities

CategoryTypeStatus
PowerGridAvailable

Listing history

DateEventPriceChangeSource
May 29, 2026New listing$400,000RGAR
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This 83.54-acre property is located at Iron Handle Rd Lot 6 & 7 in Penrose, CO 81240. The land is available for sale, priced at $400,000 — $4,788 per acre.

Checked 2 hours 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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