207 Fremont
Penrose, CO, 81240 $ 395,000
Bedrooms4 Baths3.0 Sq 2,383 Monthly Estimate*
$ 2,432
Listed by HomeSmart Preferred Realty
for $395,000 with 4 bedrooms and 3 full baths. This 2,383 square foot home was built in 1979 on a lot size of 0.4.
Fully Renovated Home with an Efficiency Apartment & Exceptional Features – Prime Central Location! Welcome to this beautifully renovated 4-bedroom, 3-bathroom home, thoughtfully designed for comfort, functionality, and flexibility. Ideally situated in a central location just minutes from HWY 115 and HWY 50, this property provides convenient 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, a brand-new roof, and new plumbing, offering peace of mind for years to come. The spacious floor plan includes a large sunroom with a pellet stove—perfect for year-round enjoyment—and a warm, inviting living area ideal for entertaining or relaxing with family. A standout feature of this property is the built-in efficiency apartment, currently rented for $700 per month on a month-to-month agreement. Complete with a full kitchen and private bathroom, this space is perfect as an Airbnb, mother-in-law suite, guest quarters, or an excellent opportunity for additional income. Step outside to enjoy a pergola designed for outdoor entertaining, and a fully fenced yard—ideal for pets, play, or simply unwinding in your own private retreat. A one-car garage provides added convenience and extra storage. Don’t miss this move-in-ready home with valuable rental potential, major system upgrades, and an unbeatable location in a growing area!
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FeaturesInteriorInterior Amenities Ceiling Fan(s) High Speed Internet Vaulted Ceiling(s) Walk-In Closet(s)
Basement Crawl Space
Flooring Tile Vinyl
Total Fireplaces 1
Fireplace Features Pellet Stove
Common Walls 1 Common Wall
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
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GeneralSewer Public Sewer
Heating Forced Air Pellet Stove
Cooling Central Air
Utilities Cable Available Electricity Connected Phone Available
Possession Negotiable
Roof Metal
Appliances Dishwasher Oven Range Refrigerator
Zoning R-2
Garage Spaces 1
Patio/Porch Features Covered Front Porch Patio
Architectural Style Traditional
Security Features Carbon Monoxide Detector(s)
Construction Materials Frame Stucco
Exclusions Personal Property
Year Built 1979
Electric 220 Volts
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Current Use Live/Work
Ownership Agent Owner
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 VA Loan
Elementary School Penrose
Tax Annual Amount 1579
Middle/Junior High School Fremont
Structure Type House
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Fremont RE-2
Elementary School District Fremont RE-2
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ExteriorExterior Amenities Private Yard
Vegetation Thinned Xeriscaping
Fencing Full
Water Source Public
Total Parking 1
Lot Size Area 0.4
Building Area Total 2383
Lot Size Acres 0.4
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByHomesmart Preferred RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,432
- Monthly Property Taxes
- $132
- 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 $551,048
Percent of Sale Price 40%
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.
3376521 Elementary School
3042966 Middle School
Florence High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/5/2026 | $395,000 | | Listed Price |