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5101 County Road 123, Penrose, CO 81240

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For Sale

$370,000

3 beds • 2 baths • 1,456 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $254.12
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

The seller agrees to a $10,000 flooring concession! Discover the perfect blend of rural charm and modern amenities on this 9.7-acre parcel near Penrose, Colorado. Zoned AR (Agricultural Residential), this property offers endless possibilities, whether you re looking for a private retreat, a hobby farm, or a space to build your dream home. Enjoy breathtaking mountain and plains views from your own slice of Colorado paradise. The property features a house with a new metal roof and newly installed vinyl siding. Included with the property is a freezer, and a 2,750 gallon underground water cistern, offering convenience and readiness for rural living. A highlight of the property is the impressive 30ft x 60ft shop/garage building. Built with functionality in mind, it boasts 13ft 6in sidewalls and a convenient 10ft wide x 13ft high sliding door, making it ideal for large vehicles, equipment, or workshop needs. This building features a new metal roof and skylights. There is an insulated room with a mezzanine above, perfect for extra storage or a workspace. Located in the quaint, unincorporated community of Penrose, this property is just a short drive from Canon City and Pueblo, providing easy access to amenities while preserving the peace and quiet of rural living. Do not miss your chance to own this unique property. Contact us today for more information or to schedule a private showing!
MLS# 4222812

Courtesy Of SWEET HOMES REALTY

(719) 429-1267

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Deck
  • Architecture Style
    Ranch
  • Floor Covering
    Carpet, Carpet - Full, Vinyl
  • Heating System
    Forced Air
  • Lot Size
    9.78 Acres
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 5101 County Road 123, Penrose, CO 81240

Home seller CENTURY 21 Prosperity

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Prosperity

(303) 704-5840
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Copyright © 2025 Royal Gorge Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.