5101 County Road 123 Penrose, CO 81240
Property details
About 5101 County Road 123
DO NOT CONTACT SELLER THE LISTING AGENT IS STILL IN TOUCH WITH THE SELLER. Discover the perfect blend of rural charm and modern amenities on this 9.7-acre parcel near Penrose, Colorado. Zoned AR (Agricultural Residential), this property offers endless possibilities, whether you’re looking for a private retreat, a hobby farm, or a space to build your dream home. Enjoy breathtaking mountain and plains views from your own slice of Colorado paradise. The property features a house with a new metal roof and newly installed vinyl siding. Included with the property is a freezer, and a 2,750 gallon underground water cistern—offering convenience and readiness for rural living. A highlight of the property is the impressive 30’ x 60’ shop/garage building. Built with functionality in mind, it boasts 13’ 6” sidewalls and a convenient 10’ wide x 13’ high sliding door, making it ideal for large vehicles, equipment, or workshop needs. This building features a new metal roof and skylights. There is an insulated room with a mezzanine above—perfect for extra storage or a workspace. Located in the quaint, unincorporated community of Penrose, this property is just a short drive from Cañon City and Pueblo, providing easy access to amenities while preserving the peace and quiet of rural living. Don’t miss your chance to own this unique property. Contact us today for more information or to schedule a private showing!
Highlights
Summary
- Full Bathrooms: 1
- Flooring Type: Carpet, Vinyl
- Fireplace: None
- Total Bedroom Count: 3
- Parking: Gravel, Driveway, RV Garage, Workshop in Garage, Detached
- View: Mountain(s)
- Heating: Central, Forced Air, Propane
- Cooling: Central Air
- List Price: $380,000
- Price/SqFt: $260
- Annual Tax Amount: $378
- Tax Year: 2023
- Lot: Level, Meadow
- Year Built: 1999
- Living Area: 1,456 SqFt
- Lot Size: 9.78 Acres
- MLS Number: 2518471
- MLS Name: RoyalGorge
- Office Name: Sweet Homes Realty
- Office Phone: (719) 429-1267
- Listing Agent: Gaylord E. Knepp
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Last updated on: 7/24/2025, 8:45:39 PM 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
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $10,712 | $378 |
| 2022 | $11,686 | $420 |
| 2021 | $12,022 | $419 |
| 2019 | $9,421 | $294 |
| 2018 | $7,285 | $235 |
| 2017 | $7,285 | $217 |
History based on county public records data.
Nearby schools
4
Penrose Elementary School
Public District KG-5
4.6 mi
•100 Illinois St
5
Fremont Elementary School
Public District KG-5
4.9 mi
•500 W 5th St
5
Washington Elementary School
Public District KG-5
8.3 mi
•606 N 9th St
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. Residents of Penrose, CO typically earn between $35k-100k each year. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Dollar General
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Applebees
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
Frequently asked questions
About 5101 County Road 123
The listing price of 5101 County Road 123 property is $380,000.
The property 5101 County Road 123 is a house located in Penrose, Colorado, 81240.
Active Listing: 5101 County Road 123 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5101 County Road 123 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 $378 (source: MLS/based on county public records data).
The property at 5101 County Road 123 has 3 bedrooms and 2 bathrooms.
The property 5101 County Road 123 is 1,456 SqFt (source: MLS/tax record).
The year of construction for 5101 County Road 123 is 1999.
This home is located at 5101 County Road 123 in Penrose, CO and zip code 81240. This 1,456 square foot home, which was built in 1999, sits on a 9.78 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $380,000.
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 inventory of homes for sale in Penrose, CO between May and June 2025 increased by 38.5%. Listings spent 315 days on the market in June 2025, and had a median list price of $410,816 during the same period.