Discover a rare opportunity to own 117 acres of pristine land, thoughtfully designed for ranch and equine enthusiasts. This property is more than just land and structures—it's the embodiment of an attainable ranch lifestyle, conveniently located near major amenities.
As you approach, a serene seasonal stream and pond welcomes you before passing through the main gate. You are met with a meticulously maintained home, reflecting pride of ownership with custom details throughout. Two spacious primary bedrooms offer restful retreats after a day on the ranch, complemented by a full bathroom to wash away the day's work. Start your mornings by the cozy wood stove, sipping coffee while gazing out at your expansive one-acre round pen and chute arena.
Navigate the property effortlessly in the negotiable mule UTV, arriving at the main barn, which features a large heated tack room and ample storage for all your equipment. Adjacent is enclosed dry storage for feed or seasonal animal housing, with the barn opening to two separate pens tailored for your preferred events. Beyond the barn, a 60x40 pole barn serves as a versatile space, ideal for hay storage or as a staging area for the arena, with easy access to the nine-bay horse shed via the negotiable tractor.
Embrace the freedom to walk, hike, or ride across the sprawling 117 acres, with potential to subdivide and share this dream with family or friends. A newly drilled 760-foot well (2025) delivers 15 gallons per minute, supplying the home and outdoor spigots, while a seasonal 18-foot hand-dug well adds additional utility.
This is more than a property—it's a legacy waiting for you to claim.
For sale
$599,000
3325 County Road 132, Penrose, CO 81240
2beds
1,142sqft
Est.:
Single Family Residence
Built in 1961
117.8 Acres Lot
$561,300 Zestimate®
$525/sqft
$-- HOA
What's special
Meticulously maintained homeCozy wood stove
- 29 days
- on Zillow |
- 996 |
- 95 |
Zillow last checked: 7 hours ago
Listing updated: May 01, 2025 at 03:51am
Listed by:
Stephen D. Cool,
Properties Of Colorado Inc,
Tyson M. Cool,
Properties Of Colorado Inc
Source: Royal Gorge AOR,MLS#: 5294971

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric, Wood
Cooling
- None
Features
- Flooring: Carpet, Tile, Wood
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Free Standing, Wood Burning, Wood Burning Stove
Interior area
- Total structure area: 1,142
- Total interior livable area: 1,142 sqft
Property
Parking
- Parking features: Other
- Has garage: Yes
Features
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: Spring/Pond/Lake, Stream/Creek
Lot
- Size: 117.8 Acres
- Features: Level, Meadow, Rural
Details
- Parcel number: 99924138
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Stone, Wood Siding, Other, Wood Frame
Condition
- Year built: 1961
Utilities & green energy
- Sewer: Public Septic
- Water: Well
- Utilities for property: Electricity Connected, Propane
Community & HOA
Location
- Region: Penrose
Financial & listing details
- Price per square foot: $525/sqft
- Annual tax amount: $531
- Date on market: 5/1/2025
- Listing terms: Cash,Conventional
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