About This Home

This 3-bedroom, 3-bathroom single family at 18530 Highway 115 in Penrose, CO is listed for $1,250,000 ($429 per sqft). Built in 1985, the home offers 2,915 sqft of living space on a 108.00 acres lot.

Key Features

  • Built in 1985
  • 108.00 acre lot
  • 2 parking spaces
  • Fireplace

Property Details

3 full
2-car garage
1985

Amenities

SolarFireplace
Listing Description

Beaver Creek Ranch is a stunning 108-Acres with an Adobe-Style Home, Arena, Barn & More! Tucked away off of Highway 115, down a private driveway, this 2,915 sf adobe-style home sits on 108 acres of ranch land, perfectly equipped for both equestrian and agricultural pursuits.

This property offers endless opportunities-whether you're looking for a working ranch, private retreat, or multi-use estate. The main level of the home boasts classic adobe character with beautiful wood beams, LVP & tile flooring of spacious living. A large family room, separate living room, dining room, laundry room, and a kitchen with a walk-in pantry create a functional and inviting layout.

The master suite features a generous walk-through closet. New flooring enhances the living space. Upstairs, a third bedroom and full bathroom with its own outdoor entrance provides great flexibility-ideal for guests, rental, multi generational living or can be used as a craft room.

The home is largely self-sufficient with 72 solar panels. Sweeping mountain views and a seasonal creek attract abundant wildlife, creating a peaceful, scenic backdrop. For equestrian enthusiasts, this ranch is truly horse-ready. It features a 300' x 155' riding arena, a 50' x 115' barn with 9 stalls, tack room & hay storage.

A loafing shed & 4 corrals with shipping chute. Approximately 30 acres of irrigated hay field provide agricultural potential, with hay freshly baled in August. The property comes with 31 shares of irrigated water rights. Additional income is generated by a discreet internet tower leased to SECOM, located out of sight on a near by bluff.

There is also a shooting range at the back of the property. With its private setting & wide-open spaces and located just north of downtown Penrose, close to Canon City, Pueblo & Colorado Springs, this unique property is a rare gem!

Monthly Cost Estimate

$6,685/mo

20% down · 6.5% · 30 years

Principal$904
Interest$5,417
Insurance$365

Estimates only. Actual payments may vary.

Location

18530 Highway 115

Penrose, CO 81240

Property Details

Heating

BaseboardElectric (Heating)

Questions & Answers

This 3-bedroom, 3-bathroom single family at 18530 Highway 115 is listed at $1,250,000 ($429/sqft). The estimated monthly payment is $6,686 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1985, 108.00 acre lot, 2 parking spaces, Fireplace.

This property is listed by Linda Leslie MRP PSA PSC SRES.

LS

Linda Leslie MRP PSA PSC SRES

Agent at HomeSmart Realty Group

Listed by HomeSmart Realty Group · Broker phone: (303) 858-8100 · View on Broker Site · Broker website

MLS# 8958188· Source: elevateMLS· 4 days on PropertySimple

Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

18530 Highway 115, Penrose, CO 81240

Open this listing in: