$7,066 Closing Credit¹
#5080155, Shane S. Reeves, Listing Office: Reeves Real Estate Llc
$475,000 List price
1463 M St Penrose, CO 81240
$5,641
Closing credit¹
1 bed
1 bath
1,530 sqft
2.0 acres
$310 / sqft
House
Property details
About 1463 M St
Priced at appraisal value! Commercial/ Multi se property off of US-50 with frontage visibility! Can be used for business or personal use. 40x80 shop built in 2008 with two 12' automatic bay doors and newly added 14' bay door on the side, and newly spray foam insulated! 50/50 solar/electric for low electric bills. Multi use office/workmans quarters with fresh paint throughout, new exterior light fixtures, kitchen with brand new SS gas range oven, new fridge/microwave, new kitchen counters, sink, faucet, drop down table/prep area, and new shelving. Bath with walk in shower, bath vanity, new mirror and light fixture, regular toilet. Office is 100% solar operated. Warehouse Solar/Wind system: " 48 Volt System " Xantrex Inverter 5.4kw 240VAC " Skystream 3.7 Wind Turbine 1.8kw " Trojan batteries - new 2020 " 680 watts of PV " MS Tri-Star Charge controller " Outback Transformer " (Grid-Power installed 2021) Office solar/Wind system " 24 Volt system " Outback inverter 3.5kw 120 VAC " Whisper 200 Wind Turbine 1.0kw " Surrette Batteries - new 2018 " 2500 watts of PV " MS Tri-Star & Midnite Classic charge controllers Successful tiny home business has been run and operated here. 1473 M St is also for sale on 3.66 acres behind the shop/office. MLS # 7112973
Highlights
Home typeSingle Family Residence
HeatingRadiant
StatusActive
CoolingEvaporative Cooling
Size1,530 sqft
Lot size2 Acres
Year built2004
ParkingGarage Door Opener, Oversized, Workshop in Garage
MLS #2157006
ViewMountain(s)
Summary
- MLS Number: 2157006
- MLS Name: RoyalGorge
- Office Name: Homesmart Preferred Realty
- Office Phone: (719) 458-1345
- Listing Agent: Charla Lloyd
Copyright Royal Gorge Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 5:16:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$475,000
1463 M St
$5,641
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 10, 2024 | Home Sold | $510,000 |
| Nov 02, 2021 | Home Sold | $498,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $80,926 | $5,864 |
| 2022 | $50,334 | $3,670 |
History based on county public records data.
Nearby schools
4
Penrose Elementary School
Public District KG-5
1.9 mi
•100 Illinois St
5
Fremont Elementary School
Public District KG-5
7.1 mi
•500 W 5th St
7
Cedar Ridge Elementary School
Public District PK-5
12.2 mi
•1266 West Oro Grande Drive
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,083. The most common annual income of people living in Penrose, CO is between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
34%
<35k
49%
35k-100k
16%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
27%
Single, No Kids
12%
Single, with Kids
47%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
13%
18-34 yrs old
51%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Hunting
Figure Skating
Where do the neighbors shop?
Bass Pro Shops
Academy Sports & Outdoors
Wal-Mart
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Chevrolet
Ram
What do the neighbors listen to?
Classic Country
New Country
Oldies
All data provided by Home Junction and Claritas
Similar homes for sale
$5,936 Closing Credit¹
#225490, Renee Hassebroek, Listing Office: RE/MAX Associates
$7,066 Closing Credit¹
#230941, Phillip Reeves, Listing Office: Reeves Real Estate, LLC
$4,714 Closing Credit¹
#8755368, Keely Smith, Listing Office: Custer County Realty, Inc.
$5,936 Closing Credit¹
#1708289, Renee L. Hassebroek, Listing Office: Re/Max Associates
Frequently asked questions
About 1463 M St
This home is located at 1463 M St in Penrose, CO and zip code 81240. This 1,530 square foot home, which was built in 2004, sits on a 2.00 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $475,000.
In March 2025 more than 2 listings in Penrose, CO were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below. The inventory of homes for sale in Penrose, CO between February and March 2025 increased by 14.3%. In March 2025, listings were on the market for 98 days. During the same period, the median list price in this real estate market was $390,000.
From Rocket Homes Real Estate and based on county public records data.