116 Top Notch Trail
Penrose, CO, 81240 $ 554,900
Bedrooms3 Baths2.0 Sq 2,058 Monthly Estimate*
$ 3,504
for $554,900 with 3 bedrooms and 2 full baths. This 2,058 square foot home was built in 1996 on a lot size of 2.75.
Surrounded by mountain views and open skies, this well-maintained ranch-style home offers the convenience of true main-level living on a level, usable property designed for both comfort and flexibility. Daily living is effortless with the primary living areas, laundry, and mechanical systems all located on the main floor. The spacious living room features vaulted ceilings, a gas fireplace, and transom windows that fill the home with natural light. Just beyond, the bright dining area creates a welcoming space for everyday meals and larger gatherings. The kitchen offers extensive custom wood cabinetry, generous counter space, stainless steel appliances, and a highly functional layout with abundant storage. The primary suite enjoys direct access to the backyard patio through a newer Andersen sliding door, while an additional slider off the dining area creates a seamless connection between indoor and outdoor living spaces. Outside, the property's level acreage offers exceptional versatility. The large circular driveway provides convenient access and ample room for guests, RVs, trailers, campers, and equipment. Mountain views can be enjoyed from both the front and rear of the property, while the backyard patio creates an inviting space for relaxing, entertaining. The oversized garage is a standout feature, complete with custom-built workbenches, extensive storage, bright lighting, and durable flooring—ideal for hobbies, projects, or organization. Solar panels help improve energy efficiency and contribute to long-term utility savings. The unfinished basement provides significant storage and future expansion opportunities, featuring a roughed-in bathroom and partitioned areas that could accommodate additional bedrooms, office space, a recreation room, or expanded living quarters. Located in an area known for larger parcels and rural character, the property offers the flexibility many buyers are seeking, including space for horses and animals.
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FeaturesGeneralLiving Area 2058.0
Sewer Septic
Heating Forced Air Propane
Cooling Ceiling Fan(s) Central Air
Utilities Electricity Connected Propane Solar
Roof Tile
Appliances Cook Top Dishwasher Double Oven Dryer Microwave Oven Range Refrigerator Washer
HOA Fee 0.0
Patio/Porch Features Concrete Other
Year Built 1996
Miscellaneous Horses(Zoned for 2 or more) RV Parking
Property Subtype Single Family
Tax Year 2025
Parcel Number 99604126
Assoc Fee Paid Per Not Applicable
County Fremont
Property Type Residential
HOA Y
Full Baths 2
Status Active
High School Florence
City Penrose
High School District Florence/Fremont RE-2
Lot Size Units SqFt
Lot Size Square Feet 119790.0
Elementary School Penrose
Property Attached Y/N N
Tax Annual Amount 2079.32
Middle/Junior High School Florence
Lot Description 360-degree View Level Mountain View Rural View of Pikes Peak
MLS Area Minor Top Rail Ranch Estates
Additional Parcels Y/N N
Virtual Tour https://tour.giraffe360.com/ef299d4549f14f99bb20e1c275331125
Assessments Y/N N
Structure Type Framed on Lot Frame
Standard Status Active
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InteriorInterior Amenities 5-Pc Bath Vaulted Ceilings
Basement Full Basement
Flooring Tile Luxury Vinyl
Fireplace Features Main Level One
Entry Covered Luxury Vinyl
Window Features Vinyl
Above Grade Finished Area 2058.0
Half Baths 0
3/4 Baths 0
Laundry Features Main
Total Bedrooms 3
Total Baths 2
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ExteriorSiding Stucco
Fencing Other
Water Source Municipal
Total Parking 2.0
Driveway Gravel
Garage Type Attached
Lot Size 119790.0
Building Area Total 4116.0
Lot Size Acres 2.75
Road Frontage Type Paved
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* Excluded FeaturesList ByPulse Real Estate Group LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,504
- Monthly Property Taxes
- $173
- 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 $566,741
Percent of Sale Price 2%
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.
5519741 Elementary School
5519674 Middle School
Florence High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/16/2026 | $554,900 | -0.89% | Price Down |
| 6/16/2026 | $559,900 | -1.75% | Price Down |
| 6/5/2026 | $569,900 | | Listed Price |