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About This Home

This 3-bedroom, 3-bathroom single family at 1115 M Street in Penrose, CO is listed for $1,095,000 ($494 per sqft). Built in 1980, the home offers 2,218 sqft of living space on a 30.00 acres lot.

Agent Description

A truly one of kind property, that is in a class of its own. Custom sprawling rancher with over 2,200 sq. ft. with 3 bedrooms and 3 bathrooms. Here is where the uniqueness begins... Home is situated on 10 acres with 10 shares of Beaver Park Ditch Stock, beautiful landscaping, and a large producing hay field.

Purchase includes adjoining 10 acre parcel, and comes with 5 shares of Beaver Park Ditch Stock, as well as a water tap. That's not all! The 10 acre parcel across the street, is also included in the purchase, and comes with 5 more shares of Beaver Park Ditch Stock.

So altogether, that is 3 parcels, 30 acres, and 20 shares of irrigation. You will not find better or more manicured producing hay fields around! The property gives pride in ownership and entirely new meaning. Inside you are sure to admire the character and personal touches in every room!

Storage inside and out will not be an issue. Outside offers an attached 2 car garage, a single detached garage, an oversized carport, and an additional building perfect for storing equipment, a workshop, or anything that would best suit your needs! The iron gated entry gives you an extra sense of privacy and security. Come take a look at this rare find that offers unapparelled hay fields, stunning views, and an overall appreciation for the amount of care and hard work that has been into this property.

Key Features

  • Built in 1980
  • 30.00 acre lot
  • 4 parking spaces

Property Details

1 story
2 full
4 spaces
1980

Monthly Cost Estimate

$5,856/mo

20% down · 6.5% · 30 years

Principal$792
Interest$4,745
Insurance$319

Estimates only. Actual payments may vary.

Location

1115 M Street

Penrose, CO 81240

Property Details

Heating

Baseboard

Questions & Answers

This 3-bedroom, 3-bathroom single family at 1115 M Street is listed at $1,095,000 ($494/sqft). The estimated monthly payment is $4,745 based on 20% down at 6.5% interest.

Key features include: Built in 1980, 30.00 acre lot, 4 parking spaces.

This property is listed by Tim D. Ritter and can be reached at 7194293571 or ritter3571@gmail.com.

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TR

Tim D. Ritter

Agent at Re/Max Royal Gorge

(719) 429-3571

Listed by Re/Max Royal Gorge · View on Broker Site

MLS# 9162012· Source: listhub· Updated today

Copyright © 2026 Royal Gorge Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1115 M Street, Penrose, CO 81240

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