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$799,000

1893 County Road 127 Penrose, CO 81240

4 beds
2 full, 2 partial
4,405 sqft
39.1 acres
$181 / sqft
House

Property details

About 1893 County Road 127

Nestled just outside the city, this wonderful 4,405 SF home offers the perfect blend of peaceful country living and easy access to city amenities and employment. Built in 1992, the home features 4 spacious bedrooms and 3.5 baths. The finished basement includes a second kitchen, creating a private apartment-style space ideal for guests or multigenerational living. The main kitchen is generous in size and equipped with granite countertops, stainless steel appliances, and a breakfast bar—perfect for casual meals. A giant dining area is perfect for large holidays, and a massive pantry offers storage space that could last through anything—even a zombie apocalypse! Enjoy efficient heating and cooling with baseboard hot water heat, three mini-split units, and a cozy pellet stove. The sunroom invites you to grow plants year-round or simply relax with a book in natural light. Outside, unwind in the hot tub (negotiable with the sale) and enjoy the rare convenience of having both city water for the home and an agricultural well for irrigation and livestock. The property also includes an attached garage, a huge, detached garage with a workshop, a chicken coop, and a loafing shed—ideal for hobby farming or rural projects. Situated on 38 acres with varied terrain you can bring all of your furry friends, enjoy private ATV/walking/equestrian trails or just delight in the privacy that this acreage creates. If 38 acres isn't enough, do not fret! Just a few parcels away you will find hundreds of acres of state land and Brush Hollow Reservoir is just a quick ride away providing fishing and outdoor joy. This property truly lets you live the country dream while staying close to your city job. Enjoy commuting from this property driving the beautiful and relaxing mostly traffic free road which is so much better than fighting the City traffic when commuting from the Northern areas of Colorado Springs! Great home to use to a vacation rental with ample space for large parties!

Highlights

Home typeSingle Family Residence
HeatingBaseboard, Hot Water
StatusActive
CoolingCentral Air
Size4,405 sqft
BasementYes
Lot size39.09 Acres
Year built1992
Parking220 Volts
MLS #1996700
Attached garage4 spaces

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Yes
  • Total Bedroom Count: 4
  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: 220 Volts
  • Heating: Baseboard, Hot Water
  • Cooling: Central Air
  • List Price: $799,000
  • Price/SqFt: $181
  • Annual Tax Amount: $3,241
  • Tax Year: 2023
  • Lot: Open Lot, Sloped
  • Directions: From Highway-50 traveling East, take the CO-115 exit, towards Penrose, turn left (West) on 3rd street turn right onto E St. (turns into County Rd 127), property is on the right about 2 miles up this road
  • Year Built: 1992
  • Living Area: 4,405 SqFt
  • Lot Size: 39.09 Acres
  • MLS Number: 1996700
  • MLS Name: RECOLORADO
  • Office Name: HomeSmart Preferred Realty
  • Office Phone: (719) 281-5331
  • Listing Agent: Shelley Keller

IDX Listings courtesy of REColorado as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDX ©2025 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 8:42:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Dec 26, 2019
Home Sold
$520,000
May 01, 2013
Home Sold
$325,000

Tax history

YearAssessmentProperty Tax
2023$45,293$3,241
2022$38,718$2,788
2021$39,832$2,825
2020$32,160$1,946
2019$26,874$1,634
2018$22,237$1,348
2017$22,237$1,373

History based on county public records data.

Nearby schools

4

Penrose Elementary School

Public District KG-5

3.7 mi

100 Illinois St

5

Fremont Elementary School

Public District KG-5

7.3 mi

500 W 5th St

5

Washington Elementary School

Public District KG-5

11.4 mi

606 N 9th St

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. Residents of Penrose, CO typically earn between $35k-100k each year. The majority of families are married, no kids. The most common level of education of people living in this area is high school diploma.

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 1893 County Road 127

The listing price of 1893 County Road 127 property is $799,000.

The property 1893 County Road 127 is a house located in Penrose, Colorado, 81240.

Active Listing: 1893 County Road 127 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1893 County Road 127 are: Penrose Elementary School (GreatSchools Rating 4/10), Fremont Elementary School (GreatSchools Rating 5/10), Washington Elementary School (GreatSchools Rating 5/10), Harrison K-8 School (GreatSchools Rating 3/10), Mount View Core Knowledge Charter School (GreatSchools Rating 6/10), Canon City Middle School (GreatSchools Rating 4/10), Fremont High School (GreatSchools Rating 3/10), Canon City High School (GreatSchools Rating 4/10), Pueblo West High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $3,241 (source: MLS/based on county public records data).

The last sale was on December 26, 2019 for $520,000 (source: MLS/tax record).

The property at 1893 County Road 127 has 4 bedrooms and 2 full and 2 half bathrooms.

The property 1893 County Road 127 is 4,405 SqFt (source: MLS/tax record).

The year of construction for 1893 County Road 127 is 1992.

This home is located at 1893 County Road 127 in Penrose, CO and zip code 81240. This 4,405 square foot home, which was built in 1992, sits on a 39.09 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $799,000.

In June 2025 more than 2 listings in Penrose, CO were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. In June 2025 in Penrose, CO there were 38.5% more homes for sale than in May. 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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