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18530 Highway 115, Penrose, CO 81240

$1,300,000
  • 18530 Highway 115, Penrose, CO 81240 Main Photo

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Active
BEDS3 BATHS3 SQUARE FEET2,915 MLS#8958188
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONPenrose

Property Description

Beaver Creek Ranch is a stunning 108-Acres with an Adobe-Style Home, Arena, Barn & More! Tucked away off of Highway 115, down a private driveway, this 2,915 sf adobe-style home sits on 108 acres of ranch land, perfectly equipped for both equestrian and agricultural pursuits. This property offers endless opportunities—whether you're looking for a working ranch, private retreat, or multi-use estate. The main level of the home boasts classic adobe character with beautiful wood beams, LVP & tile flooring of spacious living. A large family room, separate living room, dining room, laundry room, and a kitchen with a walk-in pantry create a functional and inviting layout. The master suite features a generous walk-through closet. New flooring enhances the living space. Upstairs, a third bedroom and full bathroom with its own outdoor entrance provides great flexibility—ideal for guests, rental, multi generational living or can be used as a craft room. The home is largely self-sufficient with 72 solar panels. Sweeping mountain views and a seasonal creek attract abundant wildlife, creating a peaceful, scenic backdrop. For equestrian enthusiasts, this ranch is truly horse-ready. It features a 300' x 155' riding arena, a 50' x 115' barn with 9 stalls, tack room & hay storage. A loafing shed & 4 corrals with shipping chute. Approximately 30 acres of irrigated hay field provide agricultural potential, with hay freshly baled in August. The property comes with 31 shares of irrigated water rights. Additional income is generated by a discreet internet tower leased to SECOM, located out of sight on a near by bluff. There is also a shooting range at the back of the property. With its private setting & wide-open spaces and located just north of downtown Penrose, close to Canon City, Pueblo & Colorado Springs, this unique property is a rare gem!

18530 Highway 115 | MLS# 8958188

This single family home located at 18530 Highway 115, Penrose, CO 81240 is currently listed for sale with an asking price of $1,300,000. This property was built in 1985 and has 3 bedrooms with 2915 sq. ft. Highway 115 is located in the Penrose subdivision. Search Penrose real estate on www.coaltitude.com today.

Property Features

Property Type: Residential - Single Family
Cooling: None
Fireplaces: Wood Burning
Garage: 2
Heating: Baseboard, Electric
Lot Size: 108.00 Acres
Roof Type: Other
Stories: 1.0
Taxes: $3,459
Year Built: 1985

Feature Descriptions

Appliances: 220v in Kitchen, Dishwasher, Disposal, Gas in Kitchen, Microwave Oven, Oven, Range, Refrigerator
Basement/Foundation: Not Applicable
Days on Site: 201
Existing Utilities: Electricity Connected, Propane, Solar
Exterior: Stucco
Floor Plan: 1.5 Story
Floors: Carpet, Wood, Wood Laminate
Garage Type: Detached
Laundry Facilities: Main
Lot: Level, Meadow, Stream/Creek, View of Rock Formations
Outbuilding(s): Yes
Out Buildings: Barn, Loafing Shed, Shop, Stable & Stalls
Square Footage: 2595 (Main)
Utilities: Electricity Connected, Propane, Solar
View: Rock Formations
Water: Water Rights, Well

Listed By / Shown By

Listed By

Agency Name: HomeSmart
Agency Phone: 719-634-8761

Shown By

Agent Name: Jessy Velez-Delacruz
Agent Phone: (719) 464-3454
Agency Title: The Cutting Edge, Realtors

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Estimated Payment

$ 7,070.88 per month $6,403.46 Principal & Interest $288.25 Property Tax $379.17 Homeowner's Insurance

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Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/06/2026. The listing information on this page last changed on 04/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/06/2026 12:00:00 AM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Sun 04/05/2026 11:34:27 PM EST) or Pikes Peak REALTORR Services Corp (last updated Sun 04/05/2026 11:45:12 PM EST) or Pueblo MLS (last updated Sun 04/05/2026 11:43:46 PM EST). Real estate listings held by brokerage firms other than The Cutting Edge, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. PPMLS - 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.
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