# 1115 M Street, Penrose, CO 81240

> **TL;DR:** 3bd/3ba single family, $1,095,000 ($494/sqft), built 1980, 2,218 sqft. Est. $4,745/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,095,000 |
| Price/sqft | $494 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 2,218 |
| Year Built | 1980 |
| Lot Size | 1,306,800 sqft (30.00 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,745 |
| **Total** | **$4,745** |

## Property Highlights

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

## Description

### 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.

## Location

- **Address:** 1115 M Street, Penrose, CO 81240
- **County:** Fremont
- **Coordinates:** 38.414893, -104.992562
- **Google Maps:** https://www.google.com/maps?q=38.414893,-104.992562

## Listing Agent

- **Name:** Tim D. Ritter
- **Brokerage:** Re/Max Royal Gorge
- **Phone:** 7194293571
- **Email:** ritter3571@gmail.com

## Primary Photo

![1115 M Street - Primary Photo](http://lh.rdcpix.com/16e85b70f1221c4b81f06e1ef23601a0l-f1722012611r.jpg)

*49 total photos available on [listing page](https://www.propertysimple.com/listing/1115-m-street-penrose-co-81240-9162012)*

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**MLS#:** 9162012 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1115-m-street-penrose-co-81240-9162012)

---

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