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    Penrose, CO Residential Land & Home Lots for Sale

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    Penrose Land with Mountain Views
    $100,000
    2.78 Acres

    Penrose Land with Mountain Views

    83 Top Rail Trl, Penrose, CO 81240

    2.78 acre lot with mountain views, no HOA.

    • Large 2.78 acre lot featuring STUNNING mountain views and sunrises/sunsets.
    • Centrally located between Canon City, Pueblo & Colorado Springs.
    • No HOA.
    • Room for horses and RVs.
    • Protective covenants to protect home value.
    Updated: Dec 29, 2025
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    35-Acre Mountain Subdivision Land
    $180,000
    35.00 Acres

    35-Acre Mountain Subdivision Land

    County Road 67, Penrose, CO 81240

    35-acre mountain subdivision with sweeping views in Penrose, Colorado.

    • 35‑acre mountain subdivision with only six exclusive parcels, ensuring privacy.
    • Sweeping views of the Arkansas River Valley and Wet Mountain Range.
    • Abundant space for a custom‑built dream home.
    • Distinct natural features on each property.
    • Conveniently located a short drive from U.S. Highway 50.
    Updated: Dec 27, 2025
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    Penrose Land with Mountain Views
    $199,999
    4.50 Acres

    Penrose Land with Mountain Views

    Level 4.5 acre lot perfect for building your dream home.

    730 6Th St, Penrose, CO 81240
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    Fenced 5-Acre Lot with Irrigation
    $205,000
    5.00 Acres

    Fenced 5-Acre Lot with Irrigation

    5-acre lot with irrigation, ready for livestock or new home.

    958 L St, Penrose, CO 81240
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    Penrose Land with Water Rights
    $205,000
    4.65 Acres

    Penrose Land with Water Rights

    4.65 acre lot with water rights and infrastructure.

    958 L St, Penrose, CO 81240
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Penrose, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Residential Lot with Mountain Views
    Contact for pricing
    0.17 Acres

    Residential Lot with Mountain Views

    0.17-acre residential lot in High Meadows subdivision, Florence, CO.

    161 High Meadows Dr, Florence, CO 81226
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    Residential Lot with Mountain Views
    Contact for pricing
    0.17 Acres

    Residential Lot with Mountain Views

    0.17-acre residential lot in High Meadows subdivision with mountain views.

    163 High Meadows Dr, Florence, CO 81226
    View details
    Canon City Land For Sale
    $130,000
    1.67 Acres

    Canon City Land For Sale

    Two parcels of land totaling 1.67 acres in Canon City.

    1450 Locust Elm Ave, Canon City, CO 81212
    View details
    Residential Land in Dawson Ranch
    $41,999
    0.65 Acres

    Residential Land in Dawson Ranch

    Residential land for sale in Canon City, Colorado, 0.65 acres.

    105 Bobwhite Loop, Canon City, CO 81212
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    Penrose, CO Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 5 residential land & home lots for sale in Penrose, CO, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 2,262,071 square feet of properties for sale, with an estimated market value of $889,999.

    Prices for home sites in Penrose, CO start at $100,000, averaging $177,999, and reaching up to $205,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Most Searched ZIP Codes in Penrose, CO

    • 81240

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