207 Fremont Street Penrose, CO ^$ 390,000

207 Fremont Street

^$ 390,000

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207 Fremont Street

Penrose, CO, 81240

^$ 390,000

Bedrooms4 Baths3.0 Sq 2,383

Monthly Estimate*

^$ 2,433

Listed by HomeSmart Preferred Realty

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Single Family Home for sale in Penrose, CO

for $390,000 with 4 bedrooms and 3 full baths. This 2,383 square foot home was built in 1979 on a lot size of 0.4.

Charming 4-Bedroom Home with an Efficiency Apartment & Exceptional Features – Prime Central Location! Welcome to this beautifully updated 4-bedroom, 3-bathroom home, perfectly designed for comfort, and flexibility. Situated in a central location just minutes from HWY 115 and HWY 50, this property offers easy access to Colorado Springs, Florence, Cañon City, and Pueblo. The main home features fresh interior and exterior paint, new carpet in the bedrooms, central air conditioning, and a durable metal roof that saves on insurance. The handicap friendly spacious layout includes a large sunroom with a pellet stove that is ideal for year-round enjoyment, and a cozy living space perfect for entertaining or relaxing with family. One of the standout features is the built-in efficiency currently renting for $700/mo and on a month-to-month agreement. The apartment is complete with a full kitchen and private bathroom making for a great AirBnB, Mother-in-law suite or just extra income. Outside, you’ll find custom landscaping, a pergola for outdoor entertaining, and a fully fenced yard—ideal for pets, kids, or simply enjoying your own private oasis. A 1-car garage adds convenience and additional storage space. Don't miss this opportunity to own a move-in-ready home with bonus rental potential in a convenient and growing area!

Single Family Active

Price

^$ 390,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,359

Style

Traditional

Lot Size

0.4

Year Built

1979

Town/City

Penrose

County/Region

Fremont

MLS | Web ID

2633198

Features

Interior

Interior Amenities Ceiling Fan(s) High Speed Internet No Stairs Primary Suite Walk-In Closet(s)

Basement Crawl Space

Flooring Carpet Laminate Tile Wood

Furnished Y/N Unfurnished

Total Fireplaces 1

Fireplace Features Free Standing Pellet Stove

Basement (Y/N) N

Window Features Double Pane Windows

Above Grade Finished Area 2383

Half Baths 0

1/4 Baths 0

3/4 Baths 2

Total Bedrooms 4

Main Level Bedrooms 4

Main Level Bathrooms 3

Total Baths 3

General

Sewer Public Sewer

Heating Forced Air

Cooling Central Air

Utilities Cable Available Electricity Connected Internet Access (Wired)

Roof Metal

Appliances Dishwasher Oven Range Refrigerator

Zoning LDR

Garage Spaces 1

Patio/Porch Features Covered Front Porch Patio

Architectural Style Traditional

Security Features Carbon Monoxide Detector(s) Smoke Detector(s)

Construction Materials Stucco

Exclusions Personal Property

Year Built 1979

Electric 220 Volts

Levels One

Property Subtype Single Family Residence

Tax Year 2024

Current Use Live/Work

Ownership Agent Owner

Accessibility Accessible Approach with Ramp

County Fremont

Property Type Residential

HOA N

Attached Garage N

Subdivision Name Penrose

Facing Direction East

Full Baths 1

Status Active

Directions Going East on HWY 50 from HWY 115 turn left on Fremont Ave. Go .7 mi and destination will be on the left.

High School Florence

City Penrose

Entry Location Ground

Senior Community Y/N N

High School District Fremont RE-2

Lot Size Units Acres

Lot Size Square Feet 17424

Carport Spaces 0

Listing Terms Cash Conventional FHA USDA Loan VA Loan

Elementary School Penrose

Tax Annual Amount 1359

Middle/Junior High School Fremont

Property Condition Updated/Remodeled

Virtual Tour https://www.zillow.com/view-imx/d7db48b3-5101-404f-869c-96d0f3d2319c?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Structure Type House

Standard Status Active

Occupancy Type Vacant

Middle/Junior School District Fremont RE-2

Elementary School District Fremont RE-2

Exterior

Exterior Amenities Private Yard

Vegetation Natural State Sagebrush Thinned Xeriscaping

Fencing Full

Lot Features Level

Water Source Public

Total Parking 1

Lot Size Area 0.4

Building Area Total 2383

Lot Size Acres 0.4

Road Surface Type Dirt Gravel

Road Frontage Type Public

Road Responsibility Public Maintained Road

Horse Y/N Y

Internal Only

Street Number 1 207

* Excluded Features

List By

Homesmart Preferred Realty

Broker

(719) 458-1345

Phone

Affordability Calculator

$2,546

Per Month

Monthly Principal & Interest: $2,433
Monthly Property Taxes: $113
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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 ^$563,006

Percent of Sale Price 44%

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
10/13/2025	$390,000	-2.50%	Price Down
8/7/2025	$400,000	-4.53%	Price Down
6/19/2025	$419,000		Listed Price

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207 Fremont Street, Penrose, CO, 81240 is a Single Family Home for sale at $390,000 with 2,383 sqft and a lot size of 0.4. 207 Fremont Street has 4 bedrooms, 3.0 baths, and was built in 1979. 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 6.375% 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 12/17/2025.

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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207 Fremont Street

Single Family Home for sale in Penrose, CO

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