Residential · Active

1400 K Street

Penrose, CO 81240

3 Beds · 2 Baths · 2,950 Sq Ft

$699,900

Single Family

Property Type

9.44 acres

Lot Size

1975

Year Built

$237

Price per Sq Ft

2

Parking Spaces

1736518

MLS #

About This Property

Updated Brick Rancher on 9.44 Acres with Water Rights & Horse Facilities. Welcome to this beautifully updated brick rancher offering just under 3,600 finished square feet across two parcels totaling 9.44 acres. The open-concept main level features gleaming hardwood floors throughout and a stunning kitchen with granite countertops, tile backsplash, custom cabinetry, black stainless appliances, and counter seating — perfect for entertaining. There are 3 bedrooms and 2 baths on the main level while the fully finished basement offers abundant room to grow.

Outside, this property is a true equestrian and hobby-farm dream: fully fenced and cross-fenced for hay production, grazing, and horses, with a barn, corral fencing, and a riding arena already in place. Water is no concern here. The property includes 9 shares of Beaver Park water, TWO water taps, AND a private well, a rare combination that offers exceptional flexibility for irrigation, livestock, and future use. Whether you're looking to run horses, grow hay, or simply enjoy space and privacy without sacrificing modern comforts, this property delivers it all.

The parcels can be divided as well. Each parcel would have it's own water tap and the shares of water would be divided based on the sale price. Schedule your private showing today!

59 days on market

Listed by Leanne Whitman · RE/MAX Associates · 719-583-8383

Last updated: 10/5/2026 11:31 AM · Source: elevateMLS, MLS#: 1736518

Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Active
Price per Sq Ft $237
MLS # 1736518
Days on Market 59
Bedrooms 3
Full Baths 2

More Details

Above-Grade Sq Ft 1,798
Year Built 1975
Lot Size (Sq Ft) 411,206
Acres 9.44
HOA Fee $0
Annual Taxes $1,760
Tax Year 2025
State CO
County Fremont

Interior

Total Rooms 10
Heating Baseboard, Hot Water
Cooling Evaporative Cooling
Flooring Tile, Wood
Fireplace Features None
Appliances Dishwasher, Disposal, Oven, Range, Refrigerator

Exterior & Parking

Total Parking 2
Parking Features Attached
Roof Composite Shingle

Building & Lot

Basement Partial Basement
Construction Brick, Frame
Sewer Septic Tank
Water Source Public
New Construction No

Terms & Other

Listing Terms Cash, Conventional, FHA, VA Loan

Location

Price History

DateEventPrice
9/10/2026 Listed for sale
Source: elevateMLS #1736518
$699,900 +29.9% $237/sqft
8/5/2021 Sold
Source: elevateMLS #4827878
$539,000 -2.0% $183/sqft
6/8/2021 Price change
Source: elevateMLS #4827878
$549,900 -8.3% $186/sqft
5/25/2021 Listed for sale
Source: elevateMLS #4827878
$599,900 $203/sqft

The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Listing information last updated October 5, 2026 at 11:31 AM.

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