193 Top Notch Trail
Penrose, CO, 81240 $ 696,000
Bedrooms4 Baths4.0 Sq 3,820 Monthly Estimate*
$ 4,285
for $696,000 with 4 bedrooms and 4 full baths. This 3,820 square foot home was built in 1997 on a lot size of 6.21.
Package Deal – Lots 6 & 8 | 6.21 Acres | Top Rail Ranch An exceptional opportunity to own a truly custom-built home offered as a package with both Lots 6 & 8, totaling 6.21 acres in the desirable Top Rail Ranch. Designed for comfort, functionality, and wide-open living, this impressive property blends luxury finishes with space for horses, hobbies, and breathtaking Colorado views. The expansive home features 4 bedrooms, 3.5 baths, and an attached 3-car garage, complemented by a detached 32’ x 48’ shop with an additional 16’ x 48’ covered horse stall area—perfect for equestrian or workshop needs. Inside, you’ll find a one-of-a-kind custom interior with soaring vaulted ceilings, slate and hardwood floors, and beautifully stained solid wood doors and trim throughout. Large bay windows flood the home with natural light while showcasing stunning mountain views, sunrises, and sunsets. The open kitchen is ideal for both everyday living and entertaining, offering solid wood cabinetry, Corian countertops, a large prep island, and a cozy breakfast area. Additional main-level highlights include a formal dining room, a spacious family room with a warming pellet stove, and a private office, perfect for working from home. Upstairs, retreat to the impressive 13’ x 33’ primary suite, featuring a three-way gas fireplace, expansive windows, a private sun deck, and a huge walk-in closet. The five-piece primary bath includes double vanities and an inviting jetted spa tub. The lower level offers a large open recreation room ideal for entertaining, a separate exercise room, and an additional bedroom and full bath, providing flexible living space for guests or family. The additional lot enhances the value even further with a 130’ x 260’ riding arena and a paid Penrose water tap, making this a rare and versatile property. This is a unique chance to own acreage, luxury, and functionality—all in one remarkable package.
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FeaturesGeneralUtilities Electricity Connected Propane
Roof Composite Shingle
Water Municipal
Assoc Fees 0.00
Number of Garage Spaces 3
School District Florence/Fremont RE-2
Construction Status Existing Home
Property Type Residential
Yearly Taxes 2397.84
Tax Year 2024
Status Active
Sub Type Single Family
High School Florence
Junior High School Fremont
Elementary School Penrose
Covenants Y/N 1
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ExteriorSiding Stucco
Garage Type Attached
Driveway Gravel
Fence All
Structure Framed on Lot Frame
OUT BUILDINGS Loafing Shed Shop
Lot Size 6.2100
Foundation Full Basement
Lot Description Mountain View Rural
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InteriorFull Baths 2
Floor Plan 2 Story
Half Baths 1
Three Quarter Bath 1
Fireplace Main Level Upper Level
Total Baths 4
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* Excluded FeaturesList ByExit Elevation RealtyBroker
jenvernetti@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,285
- Monthly Property Taxes
- $200
- 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 $597,133
Percent of Sale Price 14%
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 |
|---|
| 2/28/2026 | $696,000 | | Listed Price |