Penrose Land with BLM
TBD Lot 5 Iron Handle Road Penrose, CO 81240
TBD Lot 5 Iron Handle Road, Penrose, CO, 81240
$179,000
For Sale
Under Contract
$179,000
LAND - Penrose, CO
Lot Size36.18 Acres
Days on Market21
Property Features for TBD Lot 5 Iron Handle Road
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active Under Contract
- APN
- 3823020000007
- Lot size
- 36.18 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- Kettle Canyon Ranch Lot 5
- Tax Annual Amount
- 15
Listing Agency
Homesmart Preferred Realty
(719) 458-1345
1202 Royal Gorge Blvd, GREENWOOD VILLAGE, CO
Listed by
Linda L. Mattson · License #FA000988385
(719) 276-4226
Added: Jun 30 Checked: Jul 20 at 5:06 pm
MLS# 8014486
Listing URL
Copyright © 2026 Royal Gorge 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.
Investment Insights
Based on property information with market context.
This 36+ acre parcel is part of a new rural development featuring five 36-acre parcels and one 80-acre parcel. Lot 5, accessible from County Road 132 onto Iron Handle Road, is characterized by pinons, junipers, rolling grass, and red rock formations. Power is planned to be installed this summer. The land offers panoramic views of tree-covered peaks and consists of gently rolling grasslands with approximately 50% tree coverage, suitable for livestock, horses, camping, or building a retreat. The property offers solitude, fresh mountain air, and open skies. A newly recorded survey plat map is available in the photos. The land borders miles of BLM land.
Key Highlights
- Borders miles of BLM land, providing direct access to vast recreational areas.
- 36+ acre parcel in a new, exclusive development with only 6 total parcels, ensuring privacy.
- No covenants or HOA, offering freedom and flexibility in land use.
Property Analytics
Location Intelligence
Current Use by Public Records
Agricultural land / Farmland
Similar For Sale Nearby
FAQs
What type of property is this?
Agricultural land / Farmland - 36+ acre Penrose land bordering BLM land.
Where is this agricultural land / farmland located?
The property is located at TBD Lot 5 Iron Handle Road Penrose, CO.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Borders miles of BLM land, providing direct access to vast recreational areas.; 36+ acre parcel in a new, exclusive development with only 6 total parcels, ensuring privacy.; No covenants or HOA, offering freedom and flexibility in land use.
