Residential · Under Contract

18530 Highway 115

Penrose, CO 81240

3 Beds · 3 Baths · 2,915 Sq Ft

$1,250,000

Single Family

Property Type

108 acres

Lot Size

1985

Year Built

$429

Price per Sq Ft

2

Parking Spaces

8958188

MLS #

About This Property

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!

409 days on market

Listed by Linda Leslie MRP PSA PSC SRES · HomeSmart · 719-634-8761

Last updated: 10/29/2026 10:45 PM · Source: elevateMLS, MLS#: 8958188

Virtual Tour

Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Active Under Contract
Price per Sq Ft $429
MLS # 8958188
Days on Market 409
Bedrooms 3
Full Baths 2
Three-Quarter Baths 1

More Details

Above-Grade Sq Ft 2,915
Year Built 1985
Lot Size (Sq Ft) 4,704,480
Acres 108
HOA Fee $0
Annual Taxes $3,459
Tax Year 2024
State CO
County Fremont

Interior

Total Rooms 11
Heating Baseboard, Electric
Cooling None
Flooring Carpet, Wood, Laminate
Fireplace Features Wood Burning
Appliances Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, 220v in Kitchen, Gas in Kitchen

Exterior & Parking

Total Parking 2
Parking Features Detached
Roof Other

Building & Lot

Lot Features Level, Meadow
Construction Stucco, Adobe
Sewer Septic Tank
Water Source Well, Water Rights
New Construction No

Terms & Other

Listing Terms Cash, Conventional

Location

Price History

DateEventPrice
9/15/2026 Active Under Contract
Source: elevateMLS #8958188
—
9/2/2026 Price change
Source: elevateMLS #8958188
$1,250,000 -5.7% $429/sqft
9/16/2025 Listed for sale
Source: elevateMLS #8958188
$1,325,000 $455/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 29, 2026 at 10:45 PM.

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