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Status: Under Contract - Showing

18530 State Highway 115 
Penrose, CO 81240

$1,325,000

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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!
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Bedrooms
3
Baths
3
House Size
2,915 sqft
Year Built
1985
Lot Size
108 ac
School District
Florence/Fremont RE-2

Location

Market Insights

In the last 30 days, homes for sale in 81240, Penrose, CO were on the market for a median of 55 days and 0% of homes sold above list price.

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Interior Information

cooling
None
fireplace
Wood Burning
heating
Baseboard
Electric

Exterior Information

roof
Other

Property Information

architectural style
1.5 Story
construction
Stucco
lot
Level
parking
Detached
  • Listed By Linda Leslie MRP PSA PSC SRES
  • SellingCOSprings@gmail.com
  • HomeSmart
  • (719) 634-8761
  • MLS 8958188

Monthly Payments Calculator

Estimated Monthly Cost

$8,385

30 year fixed·6.9% interest rate
Principal & Interest
$6,981
Property Taxes
$1,104
Home Insurance
$300
HOA Fees
$0
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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