If you’re searching for horse property in Penrose, Colorado with acreage, barn, and usable land, this property at 855 Marilyn Drive checks all the boxes. Situated on 3 acres of fully usable land, this Colorado horse property is already set up for animals with fenced pasture, a barn, horse sheds, and room for additional corrals or riding areas.
The home offers 2,952 total finished square feet, including 1,476 square feet on the main level and a fully finished 1,476 square foot basement, providing plenty of flexible space for living, entertaining, hobbies, or guests. The main level features attractive wood-look tile flooring, giving the warmth and appearance of hardwood with the durability and easy maintenance that works perfectly for country living.
A major advantage of this acreage property in Fremont County is the excellent water setup. The home is connected to municipal water for household use, while the property also includes two wells, including a dedicated livestock well, making it ideal for horses, livestock, or small agricultural use.
Additional improvements include a detached garage for vehicles, equipment, or workshop space, along with established horse facilities that make this a true turnkey horse property.
Located in the desirable Penrose, Colorado rural community, this property offers the peaceful lifestyle buyers look for when searching for horse property near Cañon City, Florence, and Colorado Springs. You’ll enjoy wide-open space, room for animals, and the flexibility that comes with owning Colorado acreage with horse facilities and multiple water sources.
Horse properties with usable acreage, barns, wells, and a finished home are becoming harder to find in the Penrose and Fremont County area. If you’ve been looking for a move-in ready Colorado horse property, this one deserves a closer look.
For sale
$540,000
855 Marilyn Dr, Penrose, CO 81240
4beds
2,952sqft
Est.:
Single Family Residence
Built in 1969
3.03 Acres Lot
$536,500 Zestimate®
$183/sqft
$-- HOA
What's special
Established horse facilitiesHorse shedsFenced pastureWide-open spaceAttractive wood-look tile flooring
- 5 days |
- 528 |
- 33 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 07, 2026 at 05:20pm
Listed by:
John L. Liese,
Pikes Peak Dream Homes Realty
Source: Royal Gorge AOR,MLS#: 9249842
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Radiant
Cooling
- Central Air
Features
- Flooring: Carpet, Ceramic Tile
Interior area
- Total structure area: 2,952
- Total interior livable area: 2,952 sqft
Property
Parking
- Parking features: Detached
- Has garage: Yes
Features
- Has view: Yes
- View description: 360 Degree
Lot
- Size: 3.03 Acres
Details
- Parcel number: 69006630
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Alum/Vinyl/Steel, Brick
Condition
- Year built: 1969
Utilities & green energy
- Sewer: Public Septic
- Water: Public, Well
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Penrose
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $475,776
- Annual tax amount: $2,013
- Date on market: 3/7/2026
- Listing terms: Cash,Conventional,FHA,USDA,VA Loan
Estimated market value
$536,500
$510,000 - $563,000
$2,337/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/7/2026 | Listed for sale | $540,000+0.5%$183/sqft |
Source: | ||
| 10/2/2025 | Listing removed | $537,500$182/sqft |
Source: | ||
| 7/13/2025 | Price change | $537,500-1.4%$182/sqft |
Source: | ||
| 7/4/2025 | Price change | $545,000-0.9%$185/sqft |
Source: | ||
| 4/30/2025 | Price change | $550,000-0.9%$186/sqft |
Source: | ||
| 3/23/2025 | Listed for sale | $555,000+30.6%$188/sqft |
Source: | ||
| 3/5/2020 | Sold | $425,000-1.2%$144/sqft |
Source: | ||
| 12/2/2019 | Listed for sale | $430,000+7.5%$146/sqft |
Source: Keller Williams Performance Realty #183470 Report a problem | ||
| 8/13/2018 | Sold | $400,000$136/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,320 +17.1% | $31,877 +15.8% |
| 2023 | $1,981 +7% | $27,522 +7.6% |
| 2022 | $1,852 -1.2% | $25,571 -2.8% |
| 2021 | $1,875 +39.1% | $26,307 +19% |
| 2020 | $1,347 -0.4% | $22,101 |
| 2019 | $1,353 +45.5% | $22,101 +47.8% |
| 2018 | $930 | $14,953 |
| 2017 | $930 -6.1% | $14,953 -7.6% |
| 2016 | $991 +1.3% | $16,180 |
| 2015 | $978 | $16,180 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,755/mo
Principal & interest
$2584
Property taxes
$171
More affordability tools
Climate risks
Neighborhood: 81240
Nearby schools
GreatSchools rating
- 5/10Penrose Elementary SchoolGrades: PK-6Distance: 0.7 mi
- 3/10Florence High SchoolGrades: 7-12Distance: 4.6 mi
- NAFremont Middle SchoolGrades: 6-8Distance: 5.5 mi
Schools provided by the listing agent
- Elementary: Fremont
Source: Royal Gorge AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





