828 3rd StPenrose, CO 81240
Metes & Bounds · Fremont County
Description
Look past the surface! There is more than meets the eye with this one! Two water taps, two septic tanks, two power poles! This property is fully primed for building right away. Unlock the ultimate Colorado potential with this nearly 5-acre Penrose property, beautifully framed by breathtaking, unobstructed mountain views. While the existing 3-bedroom, 1.75-bathroom home is ready for a fresh vision or your own personal updates, the true value here lies in the rare, premium infrastructure already established and fully paid for! You get a tremendous head start with these utilities in place. This is an exceptional, turnkey foundation for your plans, offering the flexibility to live in the current space while you build a custom dream home, add a second dwelling, or set up a multi-home property. Whether you choose to build from the ground up, bring in a modular design, or create a unique setup with a tiny home alongside the current structure, the heavy lifting of utility setup is completely done. Skip the costly, time-consuming utility delays and embrace a rare opportunity to bring your vision to life on your own land. Call now!
Property Information
- Property type
- Residential
- Sub-type
- Manufactured On Land
- Structure type
- Manufactured House
- Year built
- 1996
- Living area
- 1,216 Sq Ft
- Lot size
- 4.67 acres
- Garage spaces
- 2
- Zoning
- R-3
- Days on market
- 13
- MLS® Listing#
- 7751647
Property Features
- Cooling
- Evaporative Cooling
- Heating
- Forced Air
- Parking
- Detached
- Fencing
- Partial
- Construction
- Wood Siding
- Roof
- Metal · Other
- Sewer
- Septic Tank
- Water source
- Public
Rooms
Main
- Primary Bedroom11x14
- Bedroom 28x11
- Bedroom 310x8
- Dining Room9x6
- Kitchen15x8
- Laundry5x6
- Living Room15x14
Schools
- Elementary
- Penrose
- Middle
- Fremont
- High
- Florence
Financial Details
- HOA
- None
- Annual taxes
- $482Tax year 2025
Directions
From the intersection of Hwy 115 and Hwy 50, go north on Hwy 115 to 3rd Street. Turn east on 3rd Street, and the home is on the Southside of the street.
Penrose Market Statistics
How this lot compares to 81 active listings in Penrose, CO
| Penrose median | This listing | |
|---|---|---|
| Median listing price | $503,846 | $295,500 |
| Median days on market | 81 | 13 |
| Median Sq Ft | 1,700 | 1,216 |
| Median price / Sq Ft | $252 | $243 |
Market statistics compiled from active EXIT Realty® and MLS listings in Penrose, CO.
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 474 Grant St, Penrose, CO | $275,000 | 3 | 2 | 1,092 |
| 358 Illinois Street, Penrose, CO | $304,900 | 3 | 2 | 1,086 |
| 685 7th Street, Penrose, CO | $269,900 | 3 | 2 | 1,512 |
| 550 4th Street, Penrose, CO | $259,900 | 3 | 2 | 1,344 |
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