685 7th StPenrose, CO 81240

Description

Endless Possibilities on 9 Acres in Penrose! Discover the perfect blend of country living and future opportunity. Situated on approximately 9 acres, this property offers abundant space for horses, hobby farming, recreation, or simply enjoying the peaceful Colorado lifestyle with panoramic mountain and rural views. Beyond its existing residential appeal, this property presents exciting investment potential. With its location and generous acreage, buyers may wish to explore the possibility of subdivision or future commercial development, subject to Fremont County planning, zoning, and approval requirements. Whether you're looking for a private estate, an income-producing investment, or land with long-term upside, this property offers flexibility that is becoming increasingly difficult to find. Conveniently located with easy access to Highway 50 and Colorado Springs, Penrose continues to experience steady growth, making this a unique opportunity to own acreage with both immediate enjoyment and future potential. Buyer to verify all information, including zoning, land use, subdivision potential, and any future development possibilities with Fremont County.

Property Information

Property type

Residential

Sub-type

Manufactured On Land

Structure type

Manufactured House

Year built

1975

Living area

1,512 Sq Ft

Lot size

9.00 acres

Garage spaces

1

Days on market

79

MLS^® Listing#

6039342

Property Features

Appliances

Refrigerator

Cooling

Evaporative Cooling

Heating

Forced Air

Fireplace

None

Parking

Carport

Patio

Patio

Lot features

Level · Paved

Construction

Frame

Foundation

Pillar/Post/Pier

Roof

Flat

Utilities

Electricity Available

Sewer

Public Sewer

Water source

Public

Rooms

Schools

Elementary

Penrose

Middle

Fremont

High

Florence

Financial Details

HOA

None

Annual taxes

$1,198Tax year 2025

Directions

From US-50 W/W U.S. Hwy 50, take the CO-115 exit toward Florence/Colo Spgs, turn right onto CO-115 N, turn right onto 7th St, home will be on the left