15941 Highway 115, Penrose, CO 81240
Fremont County
Key Facts
Description
Discover the perfect blend of rural charm and agricultural opportunity with this 8.14-acre parcel located in the heart of Penrose, Colorado. Offering expansive views of the surrounding countryside and Pikes Peak in the distance, this level, usable land is ideal for building your dream home, starting a hobby farm, or investing in Colorado land this property has plenty of space for a custom home, barns, gardens, and more! What sets this property apart are the included ditch shares, providing valuable irrigation rights — a rare and highly sought-after feature in the region. Whether you’re looking to grow crops, support livestock, or simply maintain lush landscaping, these water rights offer both flexibility and long-term value. Don’t miss this rare opportunity to own acreage with water rights in one of Colorado’s most welcoming small-town communities and just a short drive to Canon City, Florence, and Pueblo.
Property Information
Property Type
Land
Lot Size
8.14 acres
MLS® Listing#
6421577
Property Features
Lot Features
Utilities
Water Source
Schools
- Elementary:
- Fremont
Financial Details
Annual Taxes
$17
Tax year 2024
Parcel Number
69079032
Affordability Calculator
$34,000
Estimated monthly payment
$905/mo
Principal $136,000 · Est. interest $189,732 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Penrose, CO
- $559,259
- Median Listing Price
- 48
- Median Days on Market
- 2,058
- Median Sq Ft
- $255
- Median Price / Sq Ft
- 89
- Active Listings
- This home’s price is 70% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Penrose, CO.
Location
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Points of Interest in Penrose, CO
Showing the Penrose area map.
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| J St, Penrose, CO | $120,000 | — | — | — |
| J Street, Penrose, CO | $120,000 | — | — | — |
| 1442 K Street, Penrose, CO | $125,000 | — | — | — |
| 205 Illinois Street, Penrose, CO | $160,000 | 3 | 2 | 1,216 |
| Unknown, Penrose, CO | $175,000 | — | — | — |
| Unknown, Penrose, CO | $175,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Penrose
Listing Courtesy: Keller Williams Performance Realty - 7192697355