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$170,000

15941 115th Hwy Penrose, CO 81240

8.1 acres
Land

Property details

About 15941 115th Hwy

Discover the perfect blend of rural charm and agricultural opportunity with this 8.14-acre parcel located in the heart of Penrose, Colorado. Offering expansive views of the surrounding countryside and Pikes Peak in the distance, this level, usable land is ideal for building your dream home, starting a hobby farm, or investing in Colorado land this property has plenty of space for a custom home, barns, gardens, and more! What sets this property apart are the included ditch shares, providing valuable irrigation rights — a rare and highly sought-after feature in the region. Whether you’re looking to grow crops, support livestock, or simply maintain lush landscaping, these water rights offer both flexibility and long-term value. Don’t miss this rare opportunity to own acreage with water rights in one of Colorado’s most welcoming small-town communities and just a short drive to Canon City, Florence, and Pueblo.

Highlights

Home typeOther
StatusActive
Lot size8.14 Acres
MLS #5319515
ViewMountain(s)

Summary

  • View: Mountain(s)
  • List Price: $170,000
  • Lot: Level
  • Lot Size: 8.14 Acres
  • MLS Number: 5319515
  • MLS Name: RoyalGorge
  • Office Name: Keller Williams Performance Realty
  • Office Phone: (719) 269-7355
  • Listing Agent: Chris M. Montoya

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: 7/30/2025, 11:45:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

4

Penrose Elementary School

Public District KG-5

3.7 mi

100 Illinois St

5

Fremont Elementary School

Public District KG-5

9.1 mi

500 W 5th St

7

Cedar Ridge Elementary School

Public District PK-5

10.5 mi

1266 West Oro Grande Drive

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $54,839. Most Penrose, CO residents have annual incomes between $35k-100k. Most families are married, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

28%
<35k
48%
35k-100k
22%
100k-200k
2%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

23%
Single, No Kids
6%
Single, with Kids
53%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
13%
18-34 yrs old
50%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • ApplebeesApplebees

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 15941 115th Hwy

The listing price of 15941 115th Hwy property is $170,000.

The property 15941 115th Hwy is land located in Penrose, Colorado, 81240.

Active Listing: 15941 115th Hwy is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 15941 115th Hwy are: Penrose Elementary School (GreatSchools Rating 4/10), Fremont Elementary School (GreatSchools Rating 5/10), Cedar Ridge Elementary School (GreatSchools Rating 7/10), Sky View Middle School (GreatSchools Rating 7/10), Swallows Charter Academy (GreatSchools Rating 6/10), Liberty Point International School (GreatSchools Rating 3/10), Fremont High School (GreatSchools Rating 3/10), Pueblo West High School (GreatSchools Rating 6/10), Swallows Charter Academy High School (GreatSchools Rating 7/10).

The property 15941 115th Hwy is 8.14 acres.

This home is located at 15941 115th Hwy in Penrose, CO and zip code 81240. Features: 0 bathroom. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $170,000.

Penrose, CO housing market in June 2025 saw over 2 listings sold above listed price, more than 0 sold at listed price and over 2 sold below. The number of homes for sale in Penrose, CO increased by 38.5% between May and June 2025. While the average time on the market in June 2025 was 315 days, the median list price was $410,816.

From Rocket Homes Real Estate and based on county public records data.

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