699 Cedar Hills Road
Penrose, CO, 81240 $ 530,000
Bedrooms4 Baths2.0 Sq 2,016 Monthly Estimate*
$ 3,263
Listed by Pulse Real Estate Group LLC
for $530,000 with 4 bedrooms and 2 full baths. This 2,016 square foot home was built in 1998 on a lot size of 40.
True Colorado off-grid living on 40 acres with perimeter fence, views of multiple mountain ranges, and mature ponderosa pines along the side of the property. Self-sustaining property is equipped with upgraded solar power system featuring new panels, inverter, and battery storage, plus propane & generator backup for reliable, redundant energy production. Battery backup system housed in a dedicated rear storage structure for protection and organization. Private well & septic system further enhance independent living without traditional utility reliance. The ranch-style home offers a functional open layout with vaulted ceilings and abundant natural light. Recent improvements include new interior paint, updated trim, vinyl plank flooring in bathrooms and main living areas, and new carpet installed in 2022. The remodeled kitchen blends function and style with upgraded cabinetry, tile backsplash, under-cabinet and bar-top lighting, stainless steel appliances, and a distinctive live-edge wood bar top that creates a warm focal point. The spacious primary suite includes a walk-in closet, soaking tub, separate shower, and dual vanities. Additional bedrooms provide flexibility for guests, office space, or hobbies. A water softener, reverse osmosis system, and energy-efficient combination washer/dryer designed for solar compatibility. New roof is scheduled for installation. Outdoor living, wood deck positioned to capture expansive views and quiet surroundings. The property features a 30’ x 50’ multi-functional outbuilding configured as one cohesive structure under a single roofline. The attached 19’ x 30’ garage section includes three separate bays for vehicles and equipment, while the adjoining pole barn area provides additional open storage space with a 13-foot-high sliding door designed to accommodate larger vehicles, trailers, or machinery. An approximately 15’ x 20’ shop space is integrated within the structure, offering dedicated workspace for projects or storage.
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FeaturesInteriorInterior Amenities Ceiling Fan(s) Five Piece Bath Open Floorplan
Basement Crawl Space
Flooring Carpet Laminate Tile
Total Fireplaces 1
Fireplace Features Wood Burning Stove
Basement (Y/N) N
Window Features Double Pane Windows
Above Grade Finished Area 2016
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 4
Main Level Bedrooms 4
Main Level Bathrooms 2
Total Baths 2
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GeneralSewer Septic Tank
Heating Forced Air Propane Wood Stove
Cooling None
Utilities Off Grid Propane
Possession Closing/DOD
Roof Composition
Appliances Dishwasher Dryer Microwave Oven Range Refrigerator Washer
Garage Spaces 6
Patio/Porch Features Deck Patio
Architectural Style Modular
Security Features Smart Cameras Video Doorbell
Construction Materials Frame Vinyl Siding
Exclusions Freezers
Year Built 1998
View Mountain(s) Valley
Levels One
Property Subtype Single Family Residence
Tax Year 2024
Current Use Agricultural
Ownership Individual
County Fremont
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Penrose
Full Baths 2
Status Active
Directions Penrose CO Highway 115 Turn West onto 3rd Street. Turn right onto E Street. Turn right onto Cedar Hills Road. Continue approx. 0.7 miles. Turn left onto the unnamed road. At the fork in the road stay
High School Florence
City Penrose
Senior Community Y/N N
High School District Fremont RE-2
Lot Size Units Acres
Lot Size Square Feet 1742400
Carport Spaces 0
Listing Terms Cash Conventional FHA VA Loan
Elementary School Penrose
Tax Annual Amount 1073
Body Type Double Wide
Middle/Junior High School Fremont
Structure Type Manufactured House
Standard Status Active
Occupancy Type Owner
Middle/Junior School District Fremont RE-2
Elementary School District Fremont RE-2
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ExteriorExterior Amenities Rain Gutters
Fencing Full
Parking Features Circular Driveway Unpaved Gravel Oversized Oversized Door RV Garage
Lot Features Level Many Trees Meadow
Water Source Well
Total Parking 6
Lot Size Area 40
Foundation Details Concrete Perimeter
Building Area Total 2016
Lot Size Acres 40
Road Surface Type Dirt Gravel
Road Frontage Type Easement
Road Responsibility Private Maintained Road Public Maintained Road
Horse Y/N Y
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* Excluded FeaturesList ByPulse Real Estate Group LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,263
- Monthly Property Taxes
- $89
- 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 $549,489
Percent of Sale Price 4%
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 |
|---|
| 3/13/2026 | $530,000 | | Listed Price |