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Sold for $650,000
  • $650,000

    18461 State Highway 115, Penrose, CO 81240

    1beds
    1,296sqft
    Single Family Residence
    Built in 1983
    39.44 Acres Lot
    $643,900 Zestimate®
    $502/sqft
    $1,587 Estimated rent

    Home value

    $643,900

    $547,000 - $753,000

    $1,587/mo

    Zestimate® history
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    What's special

    Custom Solar Home with creek, views and more Escape to your own private wilderness with this unique off-grid solar powered home, nestled on 40 acres of pristine Colorado landscape. This property is surrounded by state and BLM land and offers unmatched privacy, endless recreational oppertunities and direct connection to nature - with an abundance of wildlife right outside your door. Beaver Creek winds through the property adding both beauty and serenity to the setting, This custom built home is thoughtfully designed with handcrafted woodwork throughout, enjoy a cozy loft bedroom with brand new vinyl flooring, accessed by a unique spiral staircase. The main level features Spanish tile flooring, custom wood countertops, a large spacious closet, a wood burning stove and a newly completed, fully enclosed sunroom - perfect for relaxing and taking in the views. This property also comes with a unique piece of history once associated with Spencer Penrose, A legendary Colorado entrepreneur and philanthropist- adding an extra layer of intrigue and legacy. Property highlights include- -Detached 4 car garage -2 greenhouses, chicken coop, cellar, and a garden shed --Five 4x90' raised garden beds and mature fruit trees -Abundant wildlife and direct access to nature -4 mile private driveway with security gates -High speed internet available -Historical ties to Spencer Penrose -Option to purchase adjoining acreage Move in ready for your off-grid homestead dreams

    Zillow last checked:

    Listing updated:

    Listed by:

    Greg Hanson 520-405-2001,

    TRELORA Realty

    Bought with:

    Renae Trichell SRES

    High Country Realty LLC

    Source: elevateMLS,MLS#: 7464691MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Other
    • Level: Upper
    Heating
    • Active Solar, Propane, Wall Furnace, Wood
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Dryer, Microwave, Oven, Range, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • High Speed Internet
    • Has basement: No
    • Has fireplace: Yes
    Interior area
    • Total structure area: 1,296
    • Total interior livable area: 1,296 sqft
    • Finished area above ground: 1,296
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached, RV Access/Parking
    • Garage spaces: 4
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Exterior features: Electric Gate
    • Has view: Yes
    • View description: Mountain(s)
    • Waterfront features: Stream/Creek
    Lot
    • Size: 39.44 Acres
    • Features: Meadow, Rural, Wooded
    Details
    • Additional structures: Barn(s), Gazebo, Greenhouse, Workshop, See Remarks
    • Parcel number: 99926118

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Frame
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Existing Home
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Water: Well
    • Utilities for property: Propane, Solar

    Community & HOA

    Location
    • Region: Penrose

    Financial & listing details

    • Price per square foot: $502/sqft
    • Tax assessed value: $245,865
    • Annual tax amount: $712
    • Date on market: 1/16/2026
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    2/24/2026Sold$650,000-7%$502/sqft
    Source: elevateMLS #7464691 Report a problem
    1/21/2026Pending sale$699,000$539/sqft
    Source: elevateMLS #7464691 Report a problem
    1/16/2026Listed for sale$699,000$539/sqft
    Source: elevateMLS #7464691 Report a problem
    1/16/2026Listing removed$699,000$539/sqft
    Source: elevateMLS #7236642 Report a problem
    1/7/2026Price change$699,000-3.6%$539/sqft
    Source: elevateMLS #7236642 Report a problem
    12/4/2025Price change$725,000-3.2%$559/sqft
    Source: elevateMLS #7236642 Report a problem
    9/11/2025Price change$749,000-6.3%$578/sqft
    Source: elevateMLS #7236642 Report a problem
    7/22/2025Listed for sale$799,000-4.9%$617/sqft
    Source: elevateMLS #7236642 Report a problem
    7/11/2025Listing removed$840,000$648/sqft
    Source: elevateMLS #4970857 Report a problem
    7/10/2025Listed for sale$840,000$648/sqft
    Source: elevateMLS #4970857 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$863 +30.4%$16,670 +28.4%
    2023$662 -8%$12,985 -7.1%
    2022$719 -0.8%$13,983 -2.9%
    2021$725 +22.7%$14,404 +21.8%
    2020$590 -1.4%$11,830
    2019$599 +26.3%$11,830 +27.6%
    2018$474 $9,270
    2017$474 -5.6%$9,270 -6.6%
    2016$502 +1.1%$9,930
    2015$497 $9,930
    Find assessor info on the county website

    Neighborhood: 81240

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Florence/Fremont RE-2

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

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