550 4th Street, Penrose, CO 81240
Fremont County
Key Facts
Description
Welcome to this well-maintained manufactured home set on a spacious one-acre lot in Penrose, Colorado, with Public/City Water offering endless possibilities for your rural lifestyle. With a convenient circular driveway and some cross-fencing already in place, this property provides an ideal setting for your aspirations—whether it’s raising animals, tending to horses, or having a spot for all of you extra things. The generous outdoor space enhances the value of this home, giving you room to roam, garden, or even build your own workshop. Inside, the thoughtfully designed floor plan is filled with natural light and features three comfortable bedrooms and two bathrooms. The master suite stands out with its large bedroom, expansive walk-in closet, and spacious master bathroom. The open-concept living area seamlessly connects to the kitchen, making it perfect for entertaining or family gatherings. For those summer evenings, relax in the sunroom or on large the covered deck, ideal for enjoying the fresh air and mountain views. This affordable home isn’t just a place to live; it’s an opportunity to embrace the country lifestyle you’ve always desired. Located close to Highway 115 with easy access to Colorado Springs and Pueblo, don’t miss the chance to make it yours!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1999
Living Area
1,344 sq ft
Lot Size
1.00 acres
Parking Spaces
1
MLS® Listing#
6656031
Property Features
Cooling
Heating
Flooring
Fireplace
Parking
Patio
Lot Features
Windows
Utilities
Rooms
- Main
- BathroomMain
- BathroomMain
- BedroomMain
- BedroomMain
- Dining RoomMain
- KitchenMain
- LaundryMain
- Living RoomMain
- Master BedroomMain
Schools
- Elementary:
- Penrose
Financial Details
Annual Taxes
$980
Tax year 2025
Parcel Number
69002080
Affordability Calculator
$53,980
Estimated monthly payment
$1,437/mo
Principal $215,920 · Est. interest $301,228 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Penrose, CO
- $559,259
- Median Listing Price
- 46
- Median Days on Market
- 2,058
- Median Sq Ft
- $255
- Median Price / Sq Ft
- 89
- Active Listings
- This home’s price is 52% below the area median.
- Its price per sq ft is 21% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Penrose, CO.
Location
Points of Interest in Penrose, CO
Showing the Penrose area map.
Nearby Schools
Penrose Elementary School
Elementary · 1.6 mi away
Florence Christian School
Secondary · 5.9 mi away
Fremont Elementary School
Elementary · 6.2 mi away
Fremont Middle School
Elementary · 6.2 mi away
Florence High School
Secondary · 6.2 mi away
4-Mile Adventist Christian School
School · 8.8 mi away
Seventh-Day Adventist Church
School · 8.8 mi away
Fremont County Headstart
School · 9.0 mi away
Worldview at the Abbey
School · 9.5 mi away
Harrison School
Elementary · 9.9 mi away
Mountain View Core Knowledge School
Elementary · 10.0 mi away
McKinley Elementary School
Elementary · 10.2 mi away
Canon City Schools Early Childhood
School · 10.3 mi away
Calvary Christian School
School · 10.4 mi away
Canon City Schools Fremont Re-1
School · 11.0 mi away
Canon City Middle School
Secondary · 11.1 mi away
Canon City High School
Secondary · 11.2 mi away
Custer County School
School · 11.5 mi away
Christian Family Preschool
School · 11.5 mi away
Washington Elementary School
Elementary · 11.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1574 4th St, Penrose, CO | $235,000 | 2 | 1 | 1,116 |
| 1574 4th Street, Penrose, CO | $235,000 | 2 | 1 | 1,116 |
| 474 Grant St, Penrose, CO | $275,000 | 3 | 2 | 1,092 |
| 474 GRANT Street, Penrose, CO | $275,000 | 3 | 2 | 1,092 |
| 474 Grant Street, Penrose, CO | $275,000 | 3 | 2 | 1,092 |
| 561 County Road 132, Penrose, CO | $275,000 | 3 | 2 | 1,280 |
Moving Cost Estimate
EXIT Agents in Penrose
Listing Courtesy: Real Broker, LLC - 7197921111