#7624426, Jennifer M. Vernetti, Mike Vernetti, Listing office: EXIT Elevation Realty
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
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
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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
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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.
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.
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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.