#1996700, Shelley Keller, Listing office: HomeSmart Preferred Realty
$678,500 List price
770 Cedar Hills Rd Penrose, CO 81240
4 beds
2 full, 1 partial
2,290 sqft
20.5 acres
$296 / sqft
House
Property details
About 770 Cedar Hills Rd
Calling all hobby farmers, outdoor enthusiasts, homesteaders or anyone seeking privacy with all the modern comforts. Updated in 2025, this spacious 1.5 story home is a blend of modern upgrades and rural charm and sits on 20+ private acres backing to almost 900 acres of state land, and just minutes from Brush Hollow Reservoir and Penrose Commons ATV Park. The well-designed interior features a fully remodeled kitchen with quartz countertops, custom cabinetry, waterproof laminate flooring, and new appliances including an induction cooktop and convection oven. The main-level primary ensuite includes a luxurious 5-piece bath with a soaker tub and newly tiled shower. The main floor also features solid hickory floors and a pellet stove for supplemental heat and a cozy atmosphere. The three additional bedrooms include hidden storage/play areas behind the bookshelves. The upstairs living area offers skylights for additional natural lighting and beautiful built-in bookcases. These are just a few of the many special features this home has to offer! In addition, energy-efficient upgrades have been installed including a new heat pump HVAC, 80-gallon heat pump water heater, new insulation, and a whole home circulation fan to help increase energy efficiency. Just a few of the many exterior highlights include views of Pikes Peak and the Sangre de Cristo Mountains, a fully fenced backyard (separate from the areas fenced for animals), wraparound concrete patio with pergola, raised garden beds, greenhouse. Multiple outbuildings include a 45'x54' Cleary building with stalls, chicken coop, loafing shed, carport, and 18' x 21' metal shed. An oversized 3-car garage offers additional space for tools and toys or workshop area. This property is zoned for horses/livestock and is located 30 mins from Colorado Springs, 20 mins from Canon City and 30 mins from Pueblo.
Highlights
Home typeSingle Family Residence
HeatingElectric, Heat Pump
StatusActive
CoolingCeiling Fan(s), Central Air
Size2,290 sqft
Lot size20.52 Acres
Year built1999
ParkingDetached
MLS #2738062
WaterfrontSee Remarks
FireplaceOne, Pellet Stove
ViewMountain(s), Trees/Woods, See Remarks
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Microwave, Oven, Range
- Basement: No
- Flooring Type: Carpet, Ceramic Tile, Parquet, Wood, Laminate
- Interior: Five Piece Bath, Skylight(s)
- Fireplace: One, Pellet Stove
- Total Bedroom Count: 4
- Attached Garage: No
- Parking: Detached
- Waterfront: See Remarks
- View: Mountain(s), Trees/Woods, See Remarks
- Exterior: See Remarks, Barn(s), Greenhouse, Storage, Other
- Heating: Electric, Heat Pump
- Cooling: Ceiling Fan(s), Central Air
- List Price: $678,500
- Price/SqFt: $296
- HOA Amount: $0
- Annual Tax Amount: $2,181
- Tax Year: 2023
- Lot: Views, See Remarks
- Year Built: 1999
- Living Area: 2,290 SqFt
- Lot Size: 20.52 Acres
- MLS Number: 2738062
- Office Name: Real Broker, LLC DBA Real
- Office Phone: (720) 807-2890
- Listing Agent: Kristi Meyer
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. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.
Copyright © 2025 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
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, 8:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 12, 2019 | Home Sold | $3,720,000 |
| Dec 13, 2018 | Home Sold | $377,500 |
| Nov 25, 2014 | Home Sold | $285,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $30,473 | $2,181 |
| 2022 | $28,333 | $2,040 |
| 2021 | $29,149 | $2,067 |
| 2020 | $24,575 | $1,487 |
| 2019 | $22,962 | $1,396 |
| 2018 | $20,779 | $1,260 |
| 2017 | $20,779 | $1,283 |
History based on county public records data.
Nearby schools
4
Penrose Elementary School
Public District KG-5
3.4 mi
•100 Illinois St
5
Fremont Elementary School
Public District KG-5
7.7 mi
•500 W 5th St
5
Washington Elementary School
Public District KG-5
12.0 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. Most Penrose, CO residents have annual incomes between $35k-100k. The most common type of family is 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?
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
All data provided by Home Junction and Claritas
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Frequently asked questions
About 770 Cedar Hills Rd
The listing price of 770 Cedar Hills Rd property is $678,500.
The property 770 Cedar Hills Rd is a house located in Penrose, Colorado, 81240.
Active Listing: 770 Cedar Hills Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 770 Cedar Hills Rd 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 $2,181 (source: MLS/based on county public records data).
The last sale was on February 12, 2019 for $3,720,000 (source: MLS/tax record).
The property at 770 Cedar Hills Rd has 4 bedrooms and 2 full and 1 half bathrooms.
The property 770 Cedar Hills Rd is 2,290 SqFt (source: MLS/tax record).
The year of construction for 770 Cedar Hills Rd is 1999.
This home is located at 770 Cedar Hills Rd in Penrose, CO and zip code 81240. This 2,290 square foot home, which was built in 1999, sits on a 20.52 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $678,500.
In June 2025, from all listings sold in Penrose, CO there were more than 2 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Penrose, CO increased by 38.5% between May and June 2025. In June 2025, listings were on the market for 315 days. During the same period, the median list price in this real estate market was $410,816.
From Rocket Homes Real Estate and based on county public records data.