About This Home

This 3-bedroom, 2-bathroom single family at 685 7th Street in Penrose, CO is listed for $269,900 ($179 per sqft). Built in 1975, the home offers 1,512 sqft of living space on a 9.00 acres lot.

Key Features

  • Built in 1975
  • 9.00 acre lot
  • 1 parking spaces

Property Details

1 story
2 full
1 space
1975
Listing Description

Endless Possibilities on 9 Acres in Penrose! Discover the perfect blend of country living and future opportunity at 685 7th Street, Penrose, Colorado. 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.

Monthly Cost Estimate

$1,443/mo

20% down · 6.5% · 30 years

Principal$195
Interest$1,170
Insurance$79

Estimates only. Actual payments may vary.

Location

685 7th Street

Penrose, CO 81240

Property Details

Heating

Forced Air

Cooling

Evaporative Cooling

Questions & Answers

This 3-bedroom, 2-bathroom single family at 685 7th Street is listed at $269,900 ($179/sqft). The estimated monthly payment is $1,444 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1975, 9.00 acre lot, 1 parking spaces.

This property is listed by Tony Casados and can be reached at 7196843122.

TC

Tony Casados

Agent at REAL BROKER, LLC

(719) 684-3122

Listed by REAL BROKER, LLC · Broker phone: 8554500492 · View on Broker Site

MLS# 3419959· Source: Royal Gorge Association of REALTORS®· 38 days 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.

685 7th Street, Penrose, CO 81240

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