The seller agrees to a $10,000 flooring concession! Discover the perfect blend of rural charm and modern amenities on this 9.7-acre parcel near Penrose, Colorado. Zoned AR (Agricultural Residential), this property offers endless possibilities, whether you’re looking for a private retreat, a hobby farm, or a space to build your dream home.
Enjoy breathtaking mountain and plains views from your own slice of Colorado paradise. The property features a house with a new metal roof and newly installed vinyl siding. Included with the property is a freezer, and a 2,750 gallon underground water cistern—offering convenience and readiness for rural living.
A highlight of the property is the impressive 30’ x 60’ shop/garage building. Built with functionality in mind, it boasts 13’ 6” sidewalls and a convenient 10’ wide x 13’ high sliding door, making it ideal for large vehicles, equipment, or workshop needs. This building features a new metal roof and skylights. There is an insulated room with a mezzanine above—perfect for extra storage or a workspace.
Located in the quaint, unincorporated community of Penrose, this property is just a short drive from Cañon City and Pueblo, providing easy access to amenities while preserving the peace and quiet of rural living.
Don’t miss your chance to own this unique property. Contact us today for more information or to schedule a private showing!
For sale
$380,000
5101 County Road 123, Penrose, CO 81240
3beds
1,456sqft
Est.:
Mobile Home
Built in 1999
9.78 Acres Lot
$372,100 Zestimate®
$261/sqft
$-- HOA
What's special
- 18 days
- on Zillow |
- 566 |
- 37 |
Zillow last checked: 7 hours ago
Listing updated: August 10, 2025 at 01:40pm
Listed by:
Gaylord E. Knepp,
Sweet Homes Realty
Source: Royal Gorge AOR,MLS#: 4222812

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Central, Forced Air, Propane
Cooling
- Central Air, Refrigerated Air
Features
- Flooring: Carpet, Vinyl, Wall to Wall Carpet
- Doors: Storm Doors - Part
- Windows: Single Pane, Aluminum Frames
- Attic: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,456
- Total interior livable area: 1,456 sqft
Property
Parking
- Parking features: Detached, 220V, RV Garage, Workshop in Garage, Gravel Driveway
- Has garage: Yes
Features
- Patio & porch: Deck
- Fencing: Rear
- Has view: Yes
- View description: 360 Degree, Mountain(s)
Lot
- Size: 9.78 Acres
- Features: Backs to Open Space, Level, Meadow, Rural, Sloped
Details
- Parcel number: 98704434
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Mobile Home
Materials
- Alum/Vinyl/Steel, See Remarks
Condition
- Year built: 1999
Utilities & green energy
- Sewer: Public Septic
- Water: Cistern
- Utilities for property: Electricity Connected, Propane
Community & HOA
Location
- Region: Penrose
Financial & listing details
- Price per square foot: $261/sqft
- Tax assessed value: $159,884
- Annual tax amount: $379
- Date on market: 7/26/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
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