1183 2nd Street
Penrose, CO, 81240 $ 975,000
Bedrooms5 Baths3.0 Sq 4,006 Monthly Estimate*
$ 6,003
for $975,000 with 5 bedrooms and 3 full baths. This 4,006 square foot home was built in 2021 on a lot size of 16.
Your Lifestyle Oasis in Penrose, CO – Where Adventure Meets Opportunity! Dreaming of a hobby farm, a charming Airbnb retreat, or simply living off your own land? This unique property offers it all—elegance, income potential, and Rocky Mountain adventure just 30 minutes from Colorado Springs and Ft. Carson. Why This Property is Special: Two Primary Suites + Flexible Space: Perfect for multi-generational living, hosting Airbnb guests, or giving everyone their own retreat. Farmhouse Elegance: Hickory floors, pine doors, dormer ceilings, and a cozy fireplace create warm, timeless charm. Chef’s Kitchen: Oversized pantry + island built for gathering, cooking, and serving farm-to-table meals. A Self-Sufficient, Income-Producing Haven: Over 2 football fields of blackberries + gooseberries for farm sales or pick-your-own experiences. 24x80 greenhouse for year-round crops. Honeybees, chickens, alfalfa, and space for horses bring farm life to your doorstep. The Extras You’ll Love: Detached, heated 8-car garage/shop: A dream space for car collectors, hobbyists, or entrepreneurs needing a large, climate-controlled workshop. Loafing shed + fenced areas: Ideal for horses, livestock, or 4-H projects, with plenty of room to grow your hobby farm. Chicken coop + storage shed: Practical spaces that make country living effortless. Optional 4th bedroom upstairs: Easily finish for even more living or rental space. Location, Location, Location: Nestled near vineyards, trails, antique shops, and whitewater rafting, this property invites adventure seekers, homesteaders, and entrepreneurs alike. Imagine welcoming Airbnb guests eager to explore the Royal Gorge, sip local wines, and return to your farmstead retreat. This isn’t just a home—it’s a lifestyle, a business opportunity, and your Rocky Mountain dream come true. Don’t wait—schedule your showing today before someone else makes this rare find theirs!
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FeaturesGeneralUtilities Cable Available Electricity Available See Prop Desc Remarks
Roof Composite Shingle
Appliances 220v in Kitchen Countertop System Dishwasher Disposal Double Oven Dryer Gas in Kitchen Microwave Oven Oven Range Refrigerator Washer
Water Municipal
Assoc Fees 0.00
Number of Garage Spaces 8
School District Florence/Fremont RE-2
Construction Status Existing Home
Builder Palace Hms Inc
Property Type Residential
Yearly Taxes 4140.44
Tax Year 2024
Status Active
Sub Type Single Family
Covenants Y/N 0
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ExteriorSiding Masonite Type
Garage Type Attached Detached
Driveway Gravel
Fence See Prop Desc Remarks
Structure Concrete Framed on Lot
OUT BUILDINGS Barn Dog Run Gazebo Greenhouse Loafing Shed Shop Storage Shed Other See Prop Desc Remarks
Lot Size 696960.0000
Foundation Not Applicable
Lot Description 360-degree View Corner Level Mountain View Rural See Prop Desc Remarks
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InteriorFull Baths 2
Floor Plan 2 Story
Half Baths 0
Three Quarter Bath 1
Laundry Facility Upper
Fireplace Gas Main Level One See Remarks
Total Baths 3
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* Excluded FeaturesList ByBetter Homes And Gardens Real Estate Kenney & CompanyBroker
mike@kenneyandcompany.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,003
- Monthly Property Taxes
- $345
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbySingle family listings in Penrose, CO
Average List Price $576,942
Percent of Sale Price 41%
About Penrose, CO 3,257 Population
-8% Since 2002
$ 50,511 Median Income
48.99 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
3074855 Elementary School
3074861 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/23/2025 | $975,000 | -2.40% | Price Down |
| 9/15/2025 | $999,000 | | Listed Price |