About This Home

This 4-bedroom, 2-bathroom single family at 1487 5th Street in Penrose, CO is listed for $598,888 ($278 per sqft). Built in 1978, the home offers 2,156 sqft of living space on a 10.00 acres lot.

Key Features

  • Built in 1978
  • 10.00 acre lot
  • 9 parking spaces
  • Fireplace

Property Details

1 story
2 full
9 spaces
1978

Amenities

Fireplace
Listing Description

Colorado Mountain Views, 10 Acres & Room to Roam! Discover the Colorado homestead lifestyle on this exceptional 10-acre property offering privacy, functionality, and breathtaking mountain views. Situated at the end of the street in an elevated setting, this 4-bedroom, 2-bath ranch-style home captures sweeping vistas of the Wet Mountains, Front Rang

e, Pikes Peak, and Sangre de Cristo Mountains-all while providing convenient access to Canon City, Florence, Colorado Springs, and Pueblo. The fully fenced property features gated access, established trails, and an impressive collection of outbuildings designed to accommodate a variety of hobbies, projects, and rural living needs.

Highlights include an oversized, heated 38' x 29' shop with parking for up to 6 cars, an insulated chicken or animal coop, a detached two-car garage, and an additional garden shed/barbecue hut. A fenced front yard, mature landscaping, and a spacious front porch create a welcoming first impression.

Inside, the updated, open-concept kitchen, dining, and living areas provide an inviting space to gather and entertain. Enjoy the warmth and ambiance of the wood-burning fireplace, or step out onto the rear deck to take in the spectacular mountain scenery.

The main level features two generously sized bedrooms and a full bathroom. Downstairs, the finished basement offers two additional spacious bedrooms, a three-quarter bathroom, a large laundry/mudroom, and a sizable bonus room providing flexible space for hobbies, storage, recreation, or a workspace.

The laundry/mudroom also offers access to the pull-under garage. Whether you're envisioning a small homestead, room for animals, a dedicated workshop, or simply a peaceful retreat with wide-open views, this property offers the space and versatility to make your Colorado lifestyle a reality. Enjoy the privacy and expansive feel of country living with access to the amenities and outdoor recreation of Fremont County within easy reach.

Monthly Cost Estimate

$3,203/mo

20% down · 6.5% · 30 years

Principal$433
Interest$2,595
Insurance$175

Estimates only. Actual payments may vary.

Location

1487 5th Street

Penrose, CO 81240

Property Details

Heating

Hot Water(Heating)Baseboard

Cooling

Evaporative CoolingCeiling Fan(s)

Questions & Answers

This 4-bedroom, 2-bathroom single family at 1487 5th Street is listed at $598,888 ($278/sqft). The estimated monthly payment is $3,203 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1978, 10.00 acre lot, 9 parking spaces, Fireplace.

This property is listed by Daniel J. Ullery-Oatney.

DU

Daniel J. Ullery-Oatney

Agent at BHHS ROCKY MOUNTAIN FLORENCE

Listed by BHHS ROCKY MOUNTAIN FLORENCE · Broker phone: 7193721788 · View on Broker Site

MLS# 9294193· Source: Royal Gorge Association of REALTORS®· 1 day on PropertySimple

Copyright © 2026 Royal Gorge 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.

1487 5th Street, Penrose, CO 81240

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