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Highway 50, Penrose, CO 81240

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For Sale

$349,000

46.37 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 46.4 acres
    Lot size

Explore this Property

Are you ready to embrace the beauty of Colorado's serene landscapes and build your dream home? Look no further! This extraordinary 46.37-acre fenced property, nestled along Hwy 50 and R St in Penrose in the banana belt of Colorado, offers the perfect canvas for your vision. This property boasts an abundance of trees and a natural spring (never ran out of water), providing a picturesque setting for your dream home or agricultural pursuits (Livestock friendly with Ag zoning). Enjoy breathtaking views of Pikes Peak and the Wet Mountains from your future home. The property is accessible via a paved road, ensuring easy year-round access. With no neighbors behind you, you'll relish the tranquility and privacy of this exceptional location. The adjacent property has a 15 GPM well, offering potential water options for your land. With two separate parcels (recently re-surveyed), this property also offers the possibility of subdividing 11 acres into 3-3.5 acre lots or smaller lots, making it an excellent investment opportunity. Across from the successful subdivision Top Rail. Known for it's mild winters and sunny days, don't miss out on this rare chance to own a piece of Colorado paradise. Whether you're seeking a peaceful retreat, an agricultural endeavor, or an investment opportunity, this property has it all.
MLS# 9162201

Courtesy Of eXp Realty, LLC

(888) 440-2724

Property Features

  • Architecture Style
    Other
  • Lot Size
    46.37 Acres
  • Roof Type
    Unknown
  • View Type
    Mountain

Map and Directions

Directions to Highway 50, Penrose, CO 81240

Home seller CENTURY 21 Dream Home

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Dream Home

(719) 260-0369
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Copyright © 2024 Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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