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Residential Land with Creek Front
For Sale
$55,000

278 Penrose Circle, Cripple Creek, CO 80813

LAND - Cripple Creek, CO

Property SizeContact for details
Lot Size4.22 Acres
Days on Market43

Property Features for 278 Penrose Circle

General Information

Property type Land
Property subtype Other
Lot features Vacant Land, Hillside, Level, Stream/ Creek, Trees/ Woods
Elementary school district Cripple Crk/Victor-RE1
Middle school district Cripple Crk/Victor-RE1
High school district Cripple Crk/Victor-RE1
Standard status Active
Lot size 4.22 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 298
Listing Agency: Coldwell Banker Beyond · Coldwell Banker Real Estate
Listed By: Amber Koran ABR RENE
Added: Jun 26 Changed: Jul 31 Last Checked: Aug 7 at 6:06PM
MLS# 8250657

Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4.22-acre residential land parcel offers a mix of sloping hill and land that can be used for a home site. The property is set against a backdrop of mature pine trees, creating a private, natural setting. A gently flowing creek runs along the front of the parcel, adding a calming water feature to the landscape.

Located in Cripple Creek Ranches of Colorado, the property is described as approximately five minutes from the town of Cripple Creek. The seller notes the surrounding environment as tranquil and focused on outdoor living, with the creek and pine setting providing a scenic first impression when approaching the site.

For buyers looking to build, the combination of usable areas and natural topography supports a range of home placement options, from taking advantage of flatter ground to working with the slope for views and siting. The presence of the creek at the front and the mature tree cover can appeal to buyers who want a quieter retreat while still being close to town. Interested parties should review the parcel’s grading and site layout opportunities directly.

Key Highlights

  • Tranquil land in Cripple Creek Ranches, Colorado, just 5 minutes from the town of Cripple Creek
  • Sloping hill terrain with land described as usable
  • Mature pine trees provide a natural backdrop

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 80813, CO

1,961
Population
1,319
Households
1.5
Avg Household Size
51
Median Age
31%
College-Educated
90%
High-School Grad
112.7 sq mi
ZIP Area
17
Density / Sq Mi
$47,799
Median Household Income
$45,250
Median Earnings
$1,171
Median Rent
$302,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Buildable land with sloping terrain, mature pine views, and a gently flowing creek at the front near Cripple Creek.
Where is this residential land & home lot located?
The property is located at 278 Penrose Circle Cripple Creek, CO.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Tranquil land in Cripple Creek Ranches, Colorado, just 5 minutes from the town of Cripple Creek; Sloping hill terrain with land described as usable; Mature pine trees provide a natural backdrop
More about this property
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