116 Top Notch Trail
Penrose, CO, 81240 $ 550,000
Bedrooms3 Baths2.0 Sq 2,058 Monthly Estimate*
$ 3,799
Listed by Pulse Real Estate Group LLC
for $550,000 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
Sewer Septic Tank
Heating Forced Air Propane
Cooling Central Air
Utilities Electricity Connected Propane
Roof Spanish Tile
Appliances Cooktop Dishwasher Double Oven Dryer Microwave Refrigerator Washer
Garage Spaces 2
Patio/Porch Features Front Porch Patio
Construction Materials Stucco
Year Built 1996
View Mountain(s)
Levels One
Property Subtype Single Family Residence
Parcel Number 99604126
County Fremont
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name Top Rail Ranch Estates
Full Baths 2
Directions Coming from Penrose and heading west on Highway 50 continue through town and turn left onto R Street. Then take a right onto 15th Street followed by a left onto Top Notch Trail. Continue on Top Notch
High School Florence
City Penrose
Senior Community Y/N N
High School District Fremont RE-2
Lot Size Units Square Feet
Lot Size Square Feet 119790
Carport Spaces 0
Elementary School Penrose
Property Attached Y/N N
Tax Annual Amount 2079
Middle/Junior High School Fremont
Virtual Tour https://youtu.be/0tCofHQ05M0
Standard Status Active
Middle/Junior School District Fremont RE-2
Elementary School District Fremont RE-2
Freehold IDX
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InteriorInterior Amenities Ceiling Fan(s) Eat-in Kitchen Pantry Primary Suite Utility Sink Vaulted Ceiling(s)
Basement Full Unfinished
Flooring Tile Vinyl
Total Fireplaces 1
Fireplace Features Gas Living Room
Window Features Double Pane Windows
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 3
Total Baths 2
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ExteriorFencing Partial
Lot Features Landscaped Level
Water Source Public
Lot Size Area 119790
Lot Size Acres 2.75
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* Excluded FeaturesList ByPulse Real Estate Group LlcBroker
coddingtonscott@gmail.com,719-238-3536Contact
Affordability Calculator
- Monthly Principal & Interest
- $3,799
- Monthly Property Taxes
- $173
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 $512,227
Percent of Sale Price 7%
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 |
|---|
| 8/8/2026 | $550,000 | -0.88% | Price Down |
| 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 |