Calling all hobby farmers, outdoor enthusiasts, homesteaders or anyone seeking privacy with all the modern comforts.
Updated in 2025, this spacious 1.5 story home is a blend of modern upgrades and rural charm and sits on 20+ private acres backing to almost 900 acres of state land, and just minutes from Brush Hollow Reservoir and Penrose Commons ATV Park. The well-designed interior features a fully remodeled kitchen with quartz countertops, custom cabinetry, waterproof laminate flooring, and new appliances including an induction cooktop and convection oven. The main-level primary ensuite includes a luxurious 5-piece bath with a soaker tub and newly tiled shower. The main floor also features solid hickory floors and a pellet stove for supplemental heat and a cozy atmosphere. The three additional bedrooms include hidden storage/play areas behind the bookshelves. The upstairs living area offers skylights for additional natural lighting and beautiful built-in bookcases. These are just a few of the many special features this home has to offer!
In addition, energy-efficient upgrades have been installed including a new heat pump HVAC, 80-gallon heat pump water heater, new insulation, and a whole home circulation fan to help increase energy efficiency.
Just a few of the many exterior highlights include views of Pikes Peak and the Sangre de Cristo Mountains, a fully fenced backyard (separate from the areas fenced for animals), wraparound concrete patio with pergola, raised garden beds, greenhouse. Multiple outbuildings include a 45'x54' Cleary building with stalls, chicken coop, loafing shed, carport, and 18' x 21' metal shed. An oversized 3-car garage offers additional space for tools and toys or workshop area. This property is zoned for horses/livestock and is located 30 mins from Colorado Springs, 20 mins from Canon City and 30 mins from Pueblo.
For sale
Price cut: $20K (7/3)
$678,500
770 Cedar Hills Rd, Penrose, CO 81240
4beds
2,290sqft
Est.:
Single Family Residence
Built in 1999
20.52 Acres Lot
$667,700 Zestimate®
$296/sqft
$-- HOA
What's special
Private acresFully fenced backyardRaised garden bedsNew appliancesInduction cooktopQuartz countertopsBuilt-in bookcases
- 92 days
- on Zillow |
- 570 |
- 22 |
Zillow last checked: 7 hours ago
Listing updated: July 23, 2025 at 03:15am
Listed by:
Kristi Meyer,
Real Broker, LLC
Source: Royal Gorge AOR,MLS#: 3381906

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Electric, Heat Pump
Cooling
- Ceiling Fan(s), Central Air
Features
- Flooring: Carpet, Ceramic Tile, Parquet, Wood, See Remarks
- Windows: Double Pane Windows, Vinyl
- Number of fireplaces: 1
- Fireplace features: One, Pellet Stove
Interior area
- Total structure area: 2,290
- Total interior livable area: 2,290 sqft
Video & virtual tour
Property
Parking
- Parking features: Detached, Even with Main Level, Garage Door Opener, Oversized, Gravel Driveway
- Has garage: Yes
Features
- Stories: 1.5
- Patio & porch: Concrete, See Remarks
- Fencing: All,See Prop Desc Remarks
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 20.52 Acres
- Features: BackstoCity/Cnty/State/NatlOS, Wooded, See Remarks
Details
- Parcel number: 99804429
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame
Condition
- Year built: 1999
Utilities & green energy
- Sewer: Public Septic
- Water: Well
- Utilities for property: Electricity Connected, Propane
Community & HOA
Location
- Region: Penrose
Financial & listing details
- Price per square foot: $296/sqft
- Tax assessed value: $454,828
- Annual tax amount: $2,222
- Date on market: 5/15/2025
- Listing terms: Cash,Conventional,VA Loan
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