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1400 K St, Penrose, CO 81240

Beaver Park · Fremont County

Key Facts

3Beds
2Baths
2,950Sq Ft
1975Year Built
4.72Lot (acres)
2Garage

Description

Updated Brick Ranch on 4.7 Irrigated Acres with Horse Barn with adjacent 4.7 acre irrigated parcel for sale separately for $125,000, creating a rare opportunity to own a total of 9.4 irrigated acres in Fremont County. This well-maintained brick ranch in Penrose, Colorado, offers move-in-ready comfort on 9.4 irrigated acres, fenced, and cross-fenced acres, complete with a 30x30 horse barn, small corral, and shade trees. Inside, you'll find 2950 sq ft with 1798 sf on the main level with real hardwood floors and a desirable split-bedroom layout plus a beautifully finished lower level rec room. The open-concept design flows from the living room to the dining area and fully remodeled kitchen featuring AristoKraft cabinets, granite counters, stainless steel appliances, and a glass cooktop. The spacious primary suite offers two walk-in closets and a beautifully updated ensuite bath. Two additional bedrooms and a second full bath are located on the opposite side of the home for privacy and flexibility. A finished basement provides a large rec room ideal for hobbies, a home theater, or extra living space. Comfort is ensured year-round with baseboard heat from a high-efficiency boiler and a roof-mounted evaporative cooler. A new roof was installed in 2021 as part of a full remodel. Solar array was installed in 2023. With a wood stove, a new on-demand hot water system, and updated boiler system ensure that your energy bills will be as low as can be. The acreage is ideal for livestock, gardening, or simply enjoying wide-open space. With its solid construction, thoughtful upgrades, and room to grow, this property offers the best of Colorado living; peaceful, spacious, and practical. Located just minutes from Florence, Canon City, and Pueblo, with Colorado Springs an easy drive away.

Property Information

Property Type

Residential

Sub-Type

Mixed Use

Year Built

1975

Living Area

2,950 sq ft

Lot Size

4.72 acres

Garage Spaces

2

Zoning

R-2

Days on Market

1

MLS® Listing#

3634154

Property Features

Appliances

Dishwasher

Cooling

Evaporative CoolingCeiling Fan(s)

Heating

Forced AirWood Stove

Basement

FullUnfinished

Parking

Attached

Fencing

Other

Lot Features

LevelMeadow

Construction

FrameBrickConcrete

Roof

Composition

Other Structures

Outbuilding

Utilities

Electricity AvailablePropane

Sewer

Septic Tank

Water Source

Public

Rooms

  • 16x17Main
  • Bedroom 212x14Main
  • Bedroom 312x12Main
  • Dining Room15x12Main
  • Kitchen11x19Main
  • Laundry16x11Main
  • Living Room20x18Main

Schools

Elementary:
Penrose
Middle:
Fremont
High:
Florence

Financial Details

HOA

None

Annual Taxes

$1,760

Tax year 2025

Directions

Highway 50 east of 115, right on K St then 1/2 mile to the property on the east side of K Street

Affordability Calculator

$127,000

Estimated monthly payment

$3,380/mo

Principal $508,000 · Est. interest $708,705 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 14% above the area median.
  • Its price per sq ft is 16% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Penrose, CO.

Location

Map showing the location of 1400 K St, Penrose, CO 81240

Points of Interest in Penrose, CO

Showing the Penrose area map.

Nearby Schools

  • Penrose Elementary School

    Elementary · 1.4 mi away

  • Florence Christian School

    Secondary · 6.2 mi away

  • Fremont Middle School

    Elementary · 6.6 mi away

  • Florence High School

    Secondary · 6.6 mi away

  • Fremont Elementary School

    Elementary · 6.7 mi away

  • Fremont County Headstart

    School · 10.2 mi away

  • 4-Mile Adventist Christian School

    School · 10.5 mi away

  • Seventh-Day Adventist Church

    School · 10.5 mi away

  • Worldview at the Abbey

    School · 11.2 mi away

  • McKinley Elementary School

    Elementary · 11.7 mi away

  • Calvary Christian School

    School · 11.8 mi away

  • Mountain View Core Knowledge School

    Elementary · 11.9 mi away

  • Harrison School

    Elementary · 11.9 mi away

  • Canon City Schools Early Childhood

    School · 12.1 mi away

  • Cedar Ridge Elementary School

    Elementary · 12.6 mi away

  • Canon City Schools Fremont Re-1

    School · 12.7 mi away

  • Canon City Middle School

    Secondary · 12.8 mi away

  • Canon City High School

    Secondary · 13.0 mi away

  • Lincoln Elementary School

    Elementary · 13.0 mi away

  • Custer County School

    School · 13.1 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
340 12th St, Penrose, CO$475,000321,568
340 12th St, Penrose, CO$475,000321,568
340 12th Street, Penrose, CO$475,000321,568
340 12th Street, Penrose, CO$475,000321,568
575 11th Street, Penrose, CO$495,000321,524
575 11th Street, Penrose, CO$495,000321,524

Moving Cost Estimate

EXIT Agents in Penrose

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by IRES. MLS® Listing#3634154. © 2026EXIT Realty®. All rights reserved.