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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: Jan 14
    View details
    Penrose Land with Mountain Views
    $199,999
    4.50 Acres

    Penrose Land with Mountain Views

    730 6Th St, Penrose, CO 81240

    Level 4.5 acre lot perfect for building your dream home.

    • Paid in full water contract included - a valuable asset in Colorado.
    • Level lot with beautiful mountain views, ideal for building.
    • Prime location: walking distance to downtown Penrose amenities.
    • Convenient commute to Canon City, Colorado Springs, Ft. Carson, and Pueblo.
    • Corner lot with paved road access.
    Updated: Sep 15, 2025
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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
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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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
    View details
    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
    Pueblo West Land with Views
    $55,000
    5.00 Acres

    Pueblo West Land with Views

    5-acre lot with views, horses allowed, easy access.

    Swallows Rd, Pueblo West, CO 81007
    View details
    Pueblo West Land Near Golf
    $37,500
    0.45 Acres

    Pueblo West Land Near Golf

    Residential land in Pueblo West near Desert Hawk Golf Course.

    225 S Spaulding Ave, Pueblo West, CO 81007
    View details

    Penrose, CO Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 4 residential land & home lots for sale in Penrose, CO, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 737,471 square feet of properties for sale, with an estimated market value of $709,999.

    Prices for home sites in Penrose, CO start at $100,000, averaging $177,499, 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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