New Listings for Sale in Penrose, CO

New Listing for sale in Penrose, CO:

* Price Reduced! * * 10% CAP RATE Charming 4plex in the historic town of Cripple Creek. This building once operated as the general store, built in 1895, and lovingly restored/ renovated. Situated on a corner lot in the heart of town, it is easily rented to the abundant workforce of casino/Gold Mine employees or construction contractors serving the area. There is also the added income potential of a thriving short term rental market. These units never stay vacant for long! All four units are rented. Photos are from the listing ads and not shown as currently occupied. Solid Brick construction, almost all new windows, vinyl flooring, concrete or laminate countertops, new tile in the bathroo

New Listing for sale in Penrose, CO:

Welcome to your ideal investment or dream home site! This open-concept property offers the perfect blend of comfort, serenity, and opportunity. Nestled near the Cheyenne Mountain foothills with stunning mountain views, the home is just steps away from a tranquil creek, providing both a peaceful setting and a strong connection to nature. Inside, the spacious open floor plan is filled with so much potential, creating a warm and inviting atmosphere that’s ideal for both everyday living and entertaining. Large windows frame the scenery outdoors, bringing the beauty of the surroundings right into the living space. Beyond the home itself, this property presents exciting commercial real est

New Listing for sale in Penrose, CO:

Welcome to your new home located in the established High Meadows subdivision. Upon entering the home you will find yourself standing in a living room filled with natural lighting thanks to the large windows. The vaulted ceilings allow for extra wall decor to add your personal welcoming touch. The dining room and kitchen are up next. You will find that there is plenty of room to entertain guests for a night of cards or a holiday meal. There is a sliding glass door just off of the dining area that takes you out to the back patio where you can enjoy a nice evening relaxing in the hot tub. Down the hall off of the dining area you will find a full bath that services the guests and all two of the

New Listing for sale in Penrose, CO:

The Blakely Plan is a unique design perfect for creating additional income or multi-family living situations. The expansive main level has three bedrooms and two baths with a huge great room, walk out deck with mountain views and laundry space plus tons of storage with a 3 car garage. The primary suite has His & Her closets, double vanity and large custom walk-in shower. The beautiful kitchen with soft-close shaker cabinets, quartz countertops, large island with pendant lights, gas range, tile backsplash, walk-in pantry is perfect for entertaining or family gatherings. The walk out basement is a complete lock off unit with 2nd kitchen, additional bed & bath, 2nd laundry connecti

New Listing for sale in Penrose, CO:

Beautiful Newly Remodeled Santa Fe–Style Home! This stunning Santa Fe–style residence has been thoughtfully remodeled in 2024–2025, offering modern upgrades with timeless Southwestern charm. Recent improvements include a new exterior finish, insulated garage doors, upgraded exterior lighting, and Renewal by Andersen windows and doors with a transferable warranty. Major system updates include a new furnace, A/C, and hot water heater, providing peace of mind for years to come. The home features 1,984 sq ft of well-designed living space with 3 bedrooms, 2 full bathrooms, and a 3-car attached garage. The spacious living room is anchored by a beautiful Kiva-style gas fireplace,

New Listing for sale in Penrose, CO:

Discover unmatched privacy, comfort, and luxury on this beautifully remodeled 35-acre estate—just 10 minutes from town. This stunning home offers high-end finishes, expansive living spaces, breathtaking views and a luxurious guesthouse. Step inside to a large living room featuring a striking fireplace and gorgeous wood ceilings. The recently remodeled gourmet kitchen is a chef's dream with brand-new appliances, solid oak cabinetry, double ovens and granite countertops. The split floor plan offers excellent functionality, with two spacious bedrooms connected by a full bath. Retreat to the impressive primary suite complete with its own fireplace, oversized walk-in closet, and a spa-like