18530 Highway 115
Penrose, CO, 81240 $ 1,300,000
Bedrooms3 Baths3.0 Sq 2,915 Monthly Estimate*
$ 8,208
for $1,300,000 with 3 bedrooms and 3 full baths. This 2,915 square foot home was built in 1985 on a lot size of 108.
Beaver Creek Ranch is a stunning 108-Acres with an Adobe-Style Home, Arena, Barn & More! Tucked away off of Highway 115, down a private driveway, this 2,915 sf adobe-style home sits on 108 acres of ranch land, perfectly equipped for both equestrian and agricultural pursuits. This property offers endless opportunities—whether you're looking for a working ranch, private retreat, or multi-use estate. The main level of the home boasts classic adobe character with beautiful wood beams, LVP & tile flooring of spacious living. A large family room, separate living room, dining room, laundry room, and a kitchen with a walk-in pantry create a functional and inviting layout. The master suite features a generous walk-through closet. New flooring enhances the living space. Upstairs, a third bedroom and full bathroom with its own outdoor entrance provides great flexibility—ideal for guests, rental, multi generational living or can be used as a craft room. The home is largely self-sufficient with 72 solar panels. Sweeping mountain views and a seasonal creek attract abundant wildlife, creating a peaceful, scenic backdrop. For equestrian enthusiasts, this ranch is truly horse-ready. It features a 300' x 155' riding arena, a 50' x 115' barn with 9 stalls, tack room & hay storage. A loafing shed & 4 corrals with shipping chute. Approximately 30 acres of irrigated hay field provide agricultural potential, with hay freshly baled in August. The property comes with 31 shares of irrigated water rights. Additional income is generated by a discreet internet tower leased to SECOM, located out of sight on a near by bluff. There is also a shooting range at the back of the property. With its private setting & wide-open spaces and located just north of downtown Penrose, close to Canon City, Pueblo & Colorado Springs, this unique property is a rare gem!
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FeaturesGeneralLiving Area 2915.0
Sewer Septic
Heating Baseboard Electric
Cooling None
Utilities Electricity Connected Propane Solar
Roof Other
Appliances 220v in Kitchen Dishwasher Disposal Gas in Kitchen Microwave Oven Oven Range Refrigerator
HOA Fee 0.0
Patio/Porch Features Concrete
Year Built 1985
Property Subtype Single Family
Tax Year 2024
Parcel Number 67080078
Assoc Fee Paid Per Not Applicable
County Fremont
Property Type Residential
HOA Y
Other Structures Barn Loafing Shed Shop Stable & Stalls
Full Baths 2
Status Active
City Penrose
High School District Florence/Fremont RE-2
Lot Size Units Acres
Lot Size Square Feet 4704480.0
Property Attached Y/N N
Tax Annual Amount 3459.0
Lot Description Level Meadow Stream/Creek View of Rock Formations
MLS Area Minor Penrose
Additional Parcels Y/N N
Assessments Y/N N
Structure Type Adobe
Standard Status Active
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InteriorFlooring Carpet Wood Wood Laminate
Fireplace Features Wood Burning
Entry Ceramic Tile
Above Grade Finished Area 2915.0
Half Baths 0
3/4 Baths 1
Laundry Features Main
Total Bedrooms 3
Total Baths 3
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ExteriorSiding Stucco
Water Source Water Rights Well
Total Parking 2.0
Driveway Gravel
Garage Type Detached
Lot Size 108.0
Building Area Total 2915.0
Lot Size Acres 108.0
Road Frontage Type Highway
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $8,208
- Monthly Property Taxes
- $288
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Penrose, CO
Average List Price $566,153
Percent of Sale Price 56%
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.
5519911 Elementary School
5519841 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/31/2025 | $1,300,000 | -1.89% | Price Down |
| 9/16/2025 | $1,325,000 | | Listed Price |