485 Grazing Bit Trail Penrose, CO ^$ 389,900

485 Grazing Bit Trail

^$ 389,900

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Adult Community

485 Grazing Bit Trail

Penrose, CO, 81240

^$ 389,900

Bedrooms2 Baths2.0 Sq 1,296

Monthly Estimate*

^$ 2,724

Listed by Pulse Real Estate Group LLC

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Single Family Home for sale in Penrose, CO

for $389,900 with 2 bedrooms and 2 full baths. This 1,296 square foot home was built in 1998 on a lot size of 40.

Tucked into the rolling foothills with dramatic mountain backdrops, this tranquil 40-acre property offers a peaceful mountain retreat with sweeping panoramic views. Relish in the expansive sights extending to the horizon from this private oasis, conveniently located near Penrose, Colorado Springs, Pueblo, and Canon City. The inviting two-bedroom, two-bathroom home is adorned with tasteful, modern finishes, large windows, and a deck facing south to bring the stunning landscape into your living space. Adventure awaits on your vast land, which backs onto 16,000 acres of Table Mountain State Trust Land and Beaver Creek State Wildlife Area—perfect for ATV enthusiasts or those seeking quiet communion with nature. The residence is updated with a contemporary kitchen featuring stylish cabinetry, countertops, and stainless steel appliances. The master suite is a spacious haven with a generous walk-in closet. Laminate flooring throughout the living areas and a cozy wood stove add to the home's charm. Embrace sustainability with a 9.6 kW solar system to keep energy costs low, a 1500-gallon cistern and private gated road for your security and solitude. Enjoy on-demand hot water, partial fencing around the home's perimeter, and uninterrupted views of the Sangre De Cristo range. Exterior updates include a new patio and front doors, an awning for the rear deck, and a security camera system, 2 chicken coops, the property is well-suited for animal lovers and those with a passion for the great outdoors. Additionally, the seller offers the option to purchase a water truck and an older backhoe separately. Discover your very own piece of Colorado paradise and embrace the mountain lifestyle you've dreamed of.

Single Family Active

Price

^$ 389,900

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 927

Style

Double Wide

Lot Size

Year Built

1998

Town/City

Penrose

County/Region

Fremont

MLS | Web ID

3780176

Features

General

Interior Features Ceiling Fan(s) Eat-in Kitchen Open Floorplan Primary Suite Vaulted Ceiling(s) Walk-In Closet(s)

Sewer Septic Tank

Heating Forced Air

Cooling None

Utilities Electricity Connected Propane

Possession Closing/DOD

Roof Composition

Appliances Dishwasher Dryer Microwave Oven Range Refrigerator Tankless Water Heater

Exterior Features Fire Pit

Garage Spaces 0

Patio/Porch Features Deck

Construction Materials Frame

Exclusions n/a

Year Built 1998

Levels One

Property SubType Single Family Residence

Tax Year 2022

Percent Ownership Individual

County Fremont

Property Type Residential

HOA / Comm Assn N

Attached Garage N

Subdivision Name None

Status Active

Directions Hwy 115 Go West on Road F45. At the T take a right on Wildridge Rd. Take 2nd left at Kokopelli Right as Grazing Bit Trail. Follow Grazing Bit Trail to 483 Grazing Bit open gate (Drive slow through ea

High School Florence

City Penrose

Buyer Agent Compensation 2.8

Senior Community Y/N Y

High School District Fremont RE-2

Lot Size Square Feet 1742400

Carport Spaces 0

Street Name Grazing Bit

Listing Terms Cash Conventional

Elementary School Penrose

Tax Annual Amount 927

Body Type Double Wide

Middle/Junior High School Fremont

Virtual Tour https://tour.giraffe360.com/ff8046d5887545c89fb56780b1024b73/

Structure Type Manufactured House

Standard Status Active

Middle/Junior School District Fremont RE-2

Elementary School District Fremont RE-2

Buyer Agent Compensation Type %

Interior

Basement Crawl Space

Flooring Carpet Laminate

Total Fireplaces 1

Fireplace Features Wood Burning Stove

Basement (Y/N) N

Window Features Double Pane Windows Window Coverings

Above Grade Finished Area 1296

Full Baths 2

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Trail

Total Bedrooms 2

Main Level Bedrooms 2

Main Level Bathrooms 2

Total Baths 2

Exterior

Fencing Partial

Lot Features Borders National Forest Borders Public Land Cul-De-Sac Foothills Level Many Trees Mountainous Open Space Rolling Slope

Water Source Cistern

Total Parking 0

Lot Size Area 1742400

Building Area Total 1296

Lot Size Acres 40

Lot Size Units Square Feet

Horse Y/N Y

Internal Only

Street Number 1 485

* Excluded Features

List By

Pulse Real Estate Group Llc

Broker

(719) 238-3536

Phone

Affordability Calculator

$2,801

Per Month

Monthly Principal & Interest: $2,724
Monthly Property Taxes: $77
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Penrose, CO

Average List Price ^$471,400

Percent of Sale Price 21%

About Penrose, CO

3,257 Population

-8% Since 2002

^$50,511 Median Income

48.99 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3376521 Elementary School

3042966 Middle School

Florence High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/22/2023	$389,900	-2.50%	Price Down
11/17/2023	$399,900		Listed Price

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485 Grazing Bit Trail, Penrose, CO, 81240 is a Single Family Home for sale at $389,900 with 1,296 sqft and a lot size of 40. 485 Grazing Bit Trail has 2 bedrooms, 2.0 baths, and was built in 1998. The property's zip code is 81240 which is in Penrose, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The 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.

Data is updated as of 4/27/2024.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

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PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

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485 Grazing Bit Trail

Single Family Home for sale in Penrose, CO

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