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Land with Home for Sale in Penrose, Colorado

Fremont County, Penrose, CO 81240

$725,000
2.26 acres
Active sale
Est $3,962/mo

Located in prestigious Apple Valley Estates, the top subdivision in Penrose, this beautiful custom home is one of a kind. Originally built as a private resting place for the owner’s clients, it sits on a meticulously manicured, corner rectangular lot featuring a productive apple orchard and irrigated grass hay fields, perfect for the hobby farmer. The grounds showcase mature fruit trees, tall pines, and beautifully established landscaping. A stucco fence borders the west side, while cross-fencing in the hay field makes it easy to graze animals. Two flagpoles stand proudly in front, ready for your choice of flags or those of your visitors. Key features include an approximately 1,000-sq.-ft. ADU with a kitchenette, restroom, and dry sauna. There is a three-car garage with a rear tool area and an adjacent carport for equipment and toys. The main floor offers a spacious master bedroom (18 × 23 feet) with an attached 5-piece bath and walk-in closet, plus a guest bath, utility room, and covered entry porches on both the front and rear, with access from the west, south, and east. Upstairs you’ll find three additional bedrooms served by two baths (one full and one ¾). Flexible dining options include formal or informal areas, or you can continue using the owners’ eat-in kitchen. The bright sunroom features all-new double-pane windows and a dramatic floor-to-ceiling bay window that floods the space with natural light. Downstairs, approximately 1,000 sq. ft. of unfinished basement space currently serves as a reloading room and workshop, complete with a large brick hearth and fireplace in a family-room setting. Additional conveniences include a puppy fence and the dog’s own private entrance off the back door. The home is heated by natural-gas hot water with a newer boiler, and wood is already on hand for the master retreat stove. All buildings, the home, and the stucco fence were freshly painted just two years ago. This is Apple Valley exactly as someone dreamed it and built it

3,717
Sq feet
4
Beds
2
Full baths
2
3/4 baths
1973
Built

Location

Zip code
81240
Community
Apple Valley
School district
Fremont RE-2
Elevation
5,462 feet
Coordinates
38.4466, -104.9958

Directions

FROM CANON CITY EAST ON HWY 50 TO K ST. LEFT OR NORTH TO 3RD ST RIGHT ON 3RD TO FIRST DRIVEWAY ON LEFT AND SIGN

Property details

Acreage
2.26 acres
MLS #
REcolorado 9649000
Posted

Property taxes

2025
$3,096

Parcels

  • 69005460

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Address
310 L Street
Ownership
Individual
Terms
Cash, Conventional, VA Loan
Exclusions
Personal Property

Exterior

Parking Spaces
3
Parking
220 Volts

Structure

Type
House
Levels
Two
Basement
Unfinished
Sewer
Septic Tank
Heating
Radiant, Wood
Cooling
Central Air
Materials
Stucco
Roof
Composition

Interior

Rooms
Bathroom Full x 2, Bathroom Three Quarter x 2, Bedroom x 4, Family Room, Kitchen, Library

Property utilities

CategoryTypeStatus
SewageSeptic SystemConnected

Nearby schools

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

Listing history

DateEventPriceChangeSource
June 2, 2026New listing$725,000RGAR
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This 2.26-acre property is located in Penrose, CO 81240. The property is available for sale, priced at $725,000. It has a 3,717 square foot 4-bedroom, 4-bath house built in 1973.

Checked 1 hour agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of July 18, 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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