32 Penrose Lane Colorado Springs, CO ^$ 850,000

32 Penrose Lane

^$ 850,000

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32 Penrose Lane

Colorado Springs, CO, 80906

^$ 850,000

Studio Baths0.0

Monthly Estimate*

^$ 5,367

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Studio

Lots and Land for sale in Colorado Springs, CO

for $850,000. The lot size is 0.8402.

Set against the breathtaking backdrop of Cheyenne Mountain and moments from the world-renowned Broadmoor golf courses, this extraordinary homesite offers a rare opportunity to create a truly custom masterpiece. Nestled on a quiet cul-de-sac and spanning .84 acres, the setting delivers both privacy and scale and an ideal canvas for a one-of-a-kind residence. Surrounded by natural beauty and iconic Colorado scenery, this premier lot seamlessly blends tranquility with convenience. Enjoy effortless access to Stratton Open Space, Cheyenne Canyon, the Cheyenne Mountain Zoo, and the vibrant energy of downtown Colorado Springs. Shopping, top-tier medical facilities, and highly regarded schools are all just minutes away. A distinctive offering in one of the area’s most coveted settings, where vision, lifestyle, and location come together beautifully.

Lots and Land Active

Price

^$ 850,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 2,949

Style

Land

Lot Size

0.8402

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

2372651

Features

General

Living Area 0.0

Utilities None

HOA Fee 0.0

Tax Year 2026

Parcel Number 7435401020

Assoc Fee Paid Per Not Applicable

County El Paso

Property Type Land

HOA Y

Status Active

City Colorado Springs

High School District Cheyenne Mtn-12

Lot Size Units SqFt

Lot Size Square Feet 36600.0

Elementary School Broadmoor

Property Attached Y/N N

Tax Annual Amount 2949.0

Lot Description Corner Level Mountain View Trees/Woods

MLS Area Minor Broadmoor Heights

Additional Parcels Y/N N

Assessments Y/N N

Standard Status Active

Exterior

Water Source None

Lot Location Near Public Transit

Lot Size 36600.0

Lot Size Acres 0.8402

Road Frontage Type City/Town Road

* Excluded Features

List By

Remax Properties

Broker

719-548-8600

Contact

Affordability Calculator

$5,613

Per Month

Monthly Principal & Interest: $5,367
Monthly Property Taxes: $246
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly 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.

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Nearby

Trends
Schools

Lots and land listings in Colorado Springs, CO

Average List Price ^$427,608

Percent of Sale Price 50%

About Colorado Springs, CO

461,521 Population

27% Since 2002

^$57,575 Median Income

36.95 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

5519532 Elementary School

5519701 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/26/2026	$850,000		Listed Price

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32 Penrose Lane, Colorado Springs, CO, 80906 is a Lots and Land for sale at $850,000 with a lot size of 0.8402. 32 Penrose Lane is a studio with 0.0 baths. The property's zip code is 80906 which is in Colorado Springs, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Pikes Peak REALTOR(R) Services Corp.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of The Pikes Peak REALTOR(R) Services Corp. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Data is updated as of 7/20/2026.

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32 Penrose Lane

Lots and Land for sale in Colorado Springs, CO

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