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3 Beds
2 Baths
2,950 sqft

$699,900

1400 K Street, Penrose CO, 81240

Price per sqft$237.25
Built in1975
Property size2,950 sqft
Property typeResidential
Listed by Leanne Whitman, RE/MAX Associates Listing Contact: 719-583-8383

Overview

Active

Listed Sep 11, 2026

Updated 5 days ago

Updated Brick Rancher on 9.44 Acres with Water Rights & Horse Facilities. Welcome to this beautifully updated brick rancher offering just under 3,600 finished square feet across two parcels totaling 9.44 acres. The open-concept main level features gleaming hardwood floors throughout and a stunning kitchen with granite countertops, tile backsplash, custom cabinetry, black stainless appliances, and counter seating — perfect for entertaining. There are 3 bedrooms and 2 baths on the main level while the fully finished basement offers abundant room to grow. Outside, this property is a true equestrian and hobby-farm dream: fully fenced and cross-fenced for hay production, grazing, and horses, with a barn, corral fencing, and a riding arena already in place. Water is no concern here. The property includes 9 shares of Beaver Park water, TWO water taps, AND a private well, a rare combination that offers exceptional flexibility for irrigation, livestock, and future use. Whether you're looking to run horses, grow hay, or simply enjoy space and privacy without sacrificing modern comforts, this property delivers it all. The parcels can be divided as well. Each parcel would have it's own water tap and the shares of water would be divided based on the sale price. Schedule your private showing today!

$4,656/mo

Est. mortgage payment based on a $699,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1736518

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
9.44 Acres

Other Property Details

Taxes
$1,760
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listed by Leanne Whitman, RE/MAX Associates

Listing Contact: 719-583-8383

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 d/b/a elevateMLS.

Data Last Updated: 10/6/2026

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