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For sale
  • $1,095,000

    1115 M St, Penrose, CO 81240

    3beds
    2,218sqft
    : 
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    Single Family Residence
    Built in 1980
    30 Acres Lot
    $1,047,400 Zestimate®
    $494/sqft
    $-- HOA

    What's special

    Stunning viewsOversized carportSingle detached garageBeautiful landscapingLarge producing hay field
    A truly one of kind property, that is in a class of its own. Custom sprawling rancher with over 2,200 sq. ft. with 3 bedrooms and 3 bathrooms. Here is where the uniqueness begins... Home is situated on 10 acres with 10 shares of Beaver Park Ditch Stock, beautiful landscaping, and a large producing hay field. Purchase includes adjoining 10 acre parcel, and comes with 5 shares of Beaver Park Ditch Stock, as well as a water tap. That's not all! The 10 acre parcel across the street, is also included in the purchase, and comes with 5 more shares of Beaver Park Ditch Stock. So altogether, that is 3 parcels, 30 acres, and 20 shares of irrigation. You will not find better or more manicured producing hay fields around! The property gives pride in ownership and entirely new meaning. Inside you are sure to admire the character and personal touches in every room! Storage inside and out will not be an issue. Outside offers an attached 2 car garage, a single detached garage, an oversized carport, and an additional building perfect for storing equipment, a workshop, or anything that would best suit your needs! The iron gated entry gives you an extra sense of privacy and security. Come take a look at this rare find that offers unapparelled hay fields, stunning views, and an overall appreciation for the amount of care and hard work that has been into this property.
    28 days
    |
    277
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim D. Ritter,

    Re/Max Royal Gorge

    Source: Royal Gorge AOR,MLS#: 9660678MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 3/4 bathrooms: 1
      Heating
      • Baseboard
      Cooling
      • None
      Interior area
      • Total structure area: 2,218
      • Total interior livable area: 2,218 sqft

      Property

      Parking
      • Parking features: Attached, Carport, Detached
      • Has attached garage: Yes
      • Has carport: Yes
      Features
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 30 Acres
      • Features: See Remarks
      Details
      • Parcel number: 69001800

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Wood Frame
      Condition
      • Year built: 1980

      Utilities & green energy

      • Sewer: Public Septic
      • Water: Penrose, Well
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected

      Community & HOA

      Location
      • Region: Penrose

      Financial & listing details

      • Price per square foot: $494/sqft
      • Tax assessed value: $347,274
      • Annual tax amount: $1,771
      • Date on market: 6/19/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $1,047,400

        $995,000 - $1.10M

        $2,849/mo

        Price history

        DateEventPrice
        6/19/2026Listed for sale$1,095,000$494/sqft
        Source: Royal Gorge AOR #9660678 Report a problem
        6/13/2026Listing removed$1,095,000$494/sqft
        Source: Royal Gorge AOR #9162012 Report a problem
        6/18/2025Listed for sale$1,095,000$494/sqft
        Source: Royal Gorge AOR #9162012 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,241 +29.3%$23,636 +18.5%
        2023$960 +7.7%$19,951 +4.1%
        2022$891 -1.5%$19,174 -3%
        2021$905 +64.9%$19,766 +22.9%
        2020$549 -0.4%$16,085
        2019$552 +26.1%$16,085 +22.9%
        2018$437 $13,087
        2017$437 -0.4%$13,087 -4.5%
        2016$439 -47.5%$13,700
        2015$835 $13,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81240

        Getting around

        0 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Penrose

        Source: Royal Gorge AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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