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About This Home

This 4-bedroom, 2-bathroom single family at 1055 3rd St in Penrose, CO is listed for $400,000 ($210 per sqft). Built in 1925, the home offers 1,904 sqft of living space on a 4.69 acres lot.

Agent Description

Discover the possibilities on this 4.65-acre property, offering 4 shares of Beaver Park Water and a 4-bedroom, 2-bathroom home that is fully livable but will need some work, providing an opportunity to apply your vision and make it your own. The main living area of the home showcases arched windows that fill the space with natural light, a vintage

cast-iron stove adds warmth, charm, and character to the family room, indoor-outdoor living with a screened-in porch and covered patio. Situated on a paved road with easy access to Hwy 115, this property blends rural living with convenience to Colorado Springs, Caon City, and Pueblo.

The fully fenced acreage is ready for planting or livestock and is separated from the home by a stucco boundary wall. A heated and insulated 4-car detached garage plus a multi-use outbuilding provide endless options for a workshop, storage, or hobby space. Additional features include a greenhouse, raised garden bed, gazebo, and dog kennel. This property delivers remarkable potential and the freedom to create the home you've always envisioned. ***Home condition will not meet FHA or VA loan requirements.

Key Features

  • Built in 1925
  • 4.68 acre lot
  • 2 stories
  • 4 parking spaces
  • Fireplace

Property Details

2 stories
2 full
4 spaces
1925

Amenities

FireplaceHardwoodA/CRV Parking

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

1055 3rd St

Penrose, CO 81240

West Of Pueblo County

Features & Amenities

Interior Features

Walk-in Shower

Exterior Features

Kennel

Property Details

Flooring

CarpetBedroom4 flooring: unfinishedHardwood

Construction

Frame Stucco Concrete

Pool Features

DeckPorchPatio

Parking

RVGarage - DetachedOpen

Heating

Forced AirWoodElectric (Heating)CoalBaseboard

Appliances

RefrigeratorElectric Range OvenWasherDryer

Questions & Answers

This 4-bedroom, 2-bathroom single family at 1055 3rd St is listed at $400,000 ($210/sqft). The estimated monthly payment is $1,733 based on 20% down at 6.5% interest.

Key features include: Built in 1925, 4.68 acre lot, 2 stories, 4 parking spaces, Fireplace. Interior Features: Walk-in Shower. Exterior Features: Kennel.

This property is listed by DeeDee Watson and can be reached at 7196950038 or DeeDeeWatson16@gmail.com.

DW

DeeDee Watson

Agent at Pueblo Home Realty, LLC

(719) 695-0038

Listed by Pueblo Home Realty, LLC · View on Broker Site

MLS# 240110· Source: listhub· Updated today

Copyright © 2026 Pueblo 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.

1055 3rd St, Penrose, CO 81240

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