Discover the possibilities on this 4.65-acre property, offering 4 shares of Beaver Park Water and a 4-bedroom, 2-bathroom home that is fully livable but will need some work, providing an opportunity to apply your vision and make it your own. The main living area of the home showcases arched windows that fill the space with natural light, a vintage cast-iron stove adds warmth, charm, and character to the family room, indoor-outdoor living with a screened-in porch and covered patio. Situated on a paved road with easy access to Hwy 115, this property blends rural living with convenience to Colorado Springs, Canon City, and Pueblo. The fully fenced acreage is ready for planting or livestock and is separated from the home by a stucco boundary wall. A heated and insulated 4-car detached garage plus a multi-use outbuilding provide endless options for a workshop, storage or hobby space. Additional features include a greenhouse, raised garden bed, gazebo, and dog kennel. This property delivers remarkable potential and the freedom to create the home you've always envisioned. ***Home condition will not meet FHA or VA loan requirements.
Closed
$340,000
1055 3rd St, Penrose, CO 81240
4beds
1,904sqft
Single Family Residence
Built in 1925
4.69 Acres Lot
$381,300 Zestimate®
$179/sqft
$2,246 Estimated rent
Home value
$381,300
$362,000 - $400,000
$2,246/mo
Zestimate® history
Owner options
List your home for rent
$2,246/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,246/mo
Rent Zestimate®
Refinance and save
$1,968/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,968/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Raised garden bedFully fenced acreageDog kennelScreened-in porchCovered patioStucco boundary wall
Zillow last checked:
Listing updated:
Listed by:
DeeDee Watson 719-695-0038,
Pueblo Home Realty, LLC
Bought with:
Outside Sales Agent Outside Sales Agent
Outside Sales Office
Source: PAR,MLS#: 240110
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 129.32
- Dimensions: 12.2 x 10.6
Bedroom 2
- Level: Main
- Area: 85.54
- Dimensions: 9.1 x 9.4
Bedroom 3
- Level: Upper
- Area: 89.3
- Dimensions: 9.4 x 9.5
Bedroom 4
- Level: Upper
- Area: 107
- Dimensions: 10 x 10.7
Family room
- Level: Main
- Area: 308.31
- Dimensions: 12.9 x 23.9
Kitchen
- Level: Main
- Area: 131.76
- Dimensions: 10.8 x 12.2
Living room
- Level: Main
- Area: 413.58
- Dimensions: 12.2 x 33.9
Features
- Walk-in Shower
- Flooring: Hardwood
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,904
- Total interior livable area: 1,904 sqft
Property
Parking
- Total spaces: 4
- Parking features: RV Access/Parking, 4+ Car Garage Detached, Garage Door Opener
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch-Enclosed-Front, Porch-Side, Patio-Open-Rear, Patio-Covered-Rear, Deck-Open-Rear
- Exterior features: Kennel
- Fencing: Metal Fence-Front,Wood Fence-Rear
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 4.69 Acres
- Dimensions: 325 x 628
- Features: Horses Allowed, Irregular Lot, Trees-Front, Trees-Rear
Details
- Additional structures: Outbuilding, Greenhouse, Gazebo
- Parcel number: 69007200
- Zoning: R-2
- Special conditions: Standard
- Other equipment: Satellite Dish
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1925
Community & HOA
Community
- Subdivision: West of Pueblo County
Location
- Region: Penrose
Financial & listing details
- Price per square foot: $179/sqft
- Tax assessed value: $340,431
- Annual tax amount: $1,631
- Date on market: 5/21/2026
- Has irrigation water rights: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Sold | $340,000-12.8%$179/sqft |
Source:  PAR #240110 Report a problem | ||
| 7/3/2026 | Contingent | $390,000$205/sqft |
Source: PAR #240110 Report a problem | ||
| 6/5/2026 | Price change | $390,000-2.5%$205/sqft |
Source: PAR #240110 Report a problem | ||
| 5/21/2026 | Listed for sale | $400,000$210/sqft |
Source: PAR #240110 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,672 +24.1% | $22,809 +22.7% |
| 2023 | $1,347 +0% | $18,588 +0.6% |
| 2022 | $1,347 -1.2% | $18,472 -2.8% |
| 2021 | $1,364 +46.6% | $19,004 +25.6% |
| 2020 | $930 -0.4% | $15,131 |
| 2019 | $934 +5.6% | $15,131 +7.3% |
| 2018 | $884 | $14,105 |
| 2017 | $884 -8.1% | $14,105 -9.5% |
| 2016 | $962 +1.3% | $15,590 |
| 2015 | $950 | $15,590 |
Find assessor info on the county website
Neighborhood: 81240
Nearby homes
- $401,5004 bd3 ba2k sqft1075 3rd St, Penrose, CO 81240Off Market
- $269,0003 bd1 ba1.1k sqft1070 3rd St, Penrose, CO 81240Off Market
- $120,0003.62 AcresTbd K St, Penrose, CO 81240Sold
- $320,0003 bd2 ba960 sqft1090 3rd St, Penrose, CO 81240Off Market
- $325,8002 bd2 ba1.2k sqft1107 3rd St E, Canon City, CO 81212Off Market
- $250,5003 bd2 ba1k sqft1060 3rd St, Canon City, CO 81240Off Market
- $512,5004 bd3 ba1.7k sqft1045 3rd St, Penrose, CO 81240Off Market
- $120,0003.62 AcresTbd K St, Penrose, CO 81240Sold
Nearby schools
GreatSchools rating
- 5/10Penrose Elementary SchoolGrades: PK-6Distance: 2 mi
- 3/10Florence High SchoolGrades: 7-12Distance: 6.5 mi
Schools provided by the listing agent
- District: RE-2
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Colorado
- Fremont County
- Penrose
- 81240
- 1055 3rd St
Nearby cities
Nearby zip codes
Other Penrose Topics
