18530 Highway 115 Penrose, CO $ 1,375,000
18530 Highway 115
$ 1,375,000
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18530 Highway 115

Penrose, CO, 81240
$ 1,375,000
Bedrooms3 Baths3.0 Sq 2,915

Monthly Estimate*

$ 8,578

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Single Family Home for sale in Penrose, CO

for $1,375,000 with 3 bedrooms and 3 full baths. This 2,915 square foot home was built in 1985 on a lot size of 108.

Beaver Creek Ranch is a stunning 108-Acres with an Adobe-Style Home, Arena, Barn & More! Tucked away off of Highway 115, down a private driveway, this 2,915 sf adobe-style home sits on 108 acres of ranch land, perfectly equipped for both equestrian and agricultural pursuits. This property offers endless opportunities—whether you're looking for a working ranch, private retreat, or multi-use estate. The main level of the home boasts classic adobe character with beautiful wood beams, LVP & tile flooring of spacious living. A large family room, separate living room, dining room, laundry room, and a kitchen with a walk-in pantry create a functional and inviting layout. The master suite features a generous walk-through closet. New flooring enhances the living space. Upstairs, a third bedroom and full bathroom with its own outdoor entrance provides great flexibility—ideal for guests, rental, multi generational living or can be used as a craft room. The home is largely self-sufficient with 72 solar panels. Sweeping mountain views and a seasonal creek attract abundant wildlife, creating a peaceful, scenic backdrop. For equestrian enthusiasts, this ranch is truly horse-ready. It features a 300' x 155' riding arena, a 50' x 115' barn with 9 stalls, tack room & hay storage. A loafing shed & 4 corrals with shipping chute. Approximately 30 acres of irrigated hay field provide agricultural potential, with hay freshly baled in August. The property comes with 31 shares of irrigated water rights. Additional income is generated by a discreet internet tower leased to SECOM, located out of sight on a near by bluff. There is also a shooting range at the back of the property. With its private setting & wide-open spaces and located just north of downtown Penrose, close to Canon City, Pueblo & Colorado Springs, this unique property is a rare gem!

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Single Family Active

Price

$ 1,375,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 3,459

Style

1.5 Story

Lot Size

108

Year Built

1985

Town/City

Penrose

County/Region

Fremont

MLS | Web ID

8958188

Features
General
Utilities Electricity Connected Propane Solar
Roof Other
Appliances 220v in Kitchen Dishwasher Disposal Gas in Kitchen Microwave Oven Oven Range Refrigerator
Water Water Rights Well
Assoc Fees 0.00
Number of Garage Spaces 2
School District Florence/Fremont RE-2
Construction Status Existing Home
Property Type Residential
Yearly Taxes 3459.00
Tax Year 2024
Status Active
Sub Type Single Family
Covenants Y/N 0
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Exterior
Siding Stucco
Garage Type Detached
Driveway Gravel
Structure Adobe
OUT BUILDINGS Barn Loafing Shed Shop Stable & Stalls
Lot Size 108.0000
Foundation Not Applicable
Lot Description Level Meadow Stream/Creek View of Rock Formations
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Interior
Full Baths 2
Floor Plan 1.5 Story
Half Baths 0
Three Quarter Bath 1
Laundry Facility Main
Fireplace Wood Burning
Total Baths 3
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* Excluded Features
List By
Homesmart

Broker

SellingCOSprings@gmail.com

Email

Affordability Calculator

$8,866
Per Month
97%
3%
0%
Monthly Principal & Interest
$8,578
Monthly Property Taxes
$288
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
3074855 Elementary School
3074861 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2025$1,325,000 Listed Price

Map


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18530 Highway 115, Penrose, CO, 81240 is a Single Family Home for sale at $1,375,000 with 2,915 sqft and a lot size of 108. 18530 Highway 115 has 3 bedrooms, 3.0 baths, and was built in 1985. The property's zip code is 81240 which is in Penrose, CO