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$389,900   Price Analysis
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485 Grazing Bit Trl
Penrose, CO 81240
2 bed 2 bath 1,296 SqFt ($300/SqFt)
40.0 acre lot. Built 1998
Listed 2024-05-21, Taxes $926
Ⓧ USDA Ineligible
due to property

near Penrose

Tucked into the rolling foothills with dramatic mountain backdrops

This tranquil 40-acre property offers a peaceful mountain retreat with sweeping panoramic views. Relish in the expansive sights extending to the horizon from this private oasis, conveniently located near Penrose, Colorado Springs, Pueblo and Canon City. The inviting two-bedroom, two-bathroom home is adorned with tasteful, modern finishes, large windows and a deck facing south to bring the stunning landscape into your living space. Adventure awaits on your vast land, which backs onto 16, 000 acres of Table Mountain State Trust Land and Beaver Creek State Wildlife Areaperfect for ATV enthusiasts or those seeking quiet com munion with nature. The residence is updated with a contemporary kitchen featuring stylish cabinetry, countertops and stainless steel appliances.

The master suite is a big haven with a generous walk-in closet. Laminate flooring throughout the living areas and a czy wood stove add to the home's charm. Embrace sustainability with a 9.6 kW solar system to keep energy costs low, a 1500-gallon cistern and private gated road for your security and solitude. Enjoy on-demand hot water, partial fencing around the home's perimeter and uninterrupted views of the Sangre De Cristo range. Exterior updates include a new patio and front doors, an awning for the rear deck and a security camera system, 2 chicken coops, the property is well-suited for animal lovers and those with a passion for the tremendous outdoors. Additionally, the seller offers the option to purchase a water truck and an older backhoe separately. Discover your own piece of Colorado paradise and embrace the mountain lifestyle you've dreamed of.


Presented by Scott Coddington, Broker at
Pulse Real Estate Group LLC.
Listing Agent Photo

Property MLS #6511278 from PikesPeakMLS

Bedrooms: 2

Total Bathrooms: 2
Full Bathrooms: 2

Cooling Features: Ceiling Fan(s)
Fireplace Features: One, Wood Burning, Wood Burning Stove
Heating Features: Forced Air, Propane, Wood

Fencing: Rear

Lot Description: 360-degree View, Backs to City/Cnty/State/Natl OS, Backs to Open Space, Borders BLM, City View, Cul-de-sac, Hillside, Level, Meadow, Mountain View, Rural, Trees/Woods, View of Pikes Peak, View of Rock Formations
Lot Size Acres: 40.0
Lot Size Square Feet: 1742400

Association: No
Calculated Total Monthly Association Fees: 0

School District: Florence/Fremont RE-2

Penrose Elementary School is a public elementary school located approximately 5.9 miles away.
directions icon Map directions

Florence High School is a public middle and high school located approximately 9.9 miles away.
directions icon Map directions

Annual Tax Amount: 926.56
Source Listing Status: Active
County: Fremont
Tax Year: 2022
Source Property Type: Residential
Source Neighborhood: Penrose
Postal Code Plus 4: 9152
Subdivision: Penrose
Property Subtype: Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$15,283
$926
2021$unknown + $unknown
$15,723
$936
2020$unknown + $unknown
$13,728
$671
2019$unknown + $unknown
$13,197
$655
2018$unknown + $unknown
$9,937
$485
2017$unknown + $unknown
$9,937
$499
2016$unknown + $unknown
$10,950
$543
2015$unknown + $unknown
$10,950
$536
2014$unknown + $unknown
$10,000
$500
2013$unknown + $unknown
$10,000
$494
2012$4,120 + $5,970
$10,090
$498
2011$4,120 + $5,970
$10,090
$559
2010$4,120 + $5,970
$10,090
$545
2009$5,162 + $5,970
$11,132
$556
2008$5,162 + $5,970
$11,132
$514
2007$5,567 + $4,776
$10,343
$504

Listed 2024-05-21
$389,900
PikesPeakMLS
Relisted 2024-05-21
$389,900
REcolorado
Listing removed 2024-05-02
$0
REcolorado
Listing removed 2024-05-02
$0
PikesPeakMLS
Relisted 2024-02-05
$389,900
PikesPeakMLS
Listing removed 2024-01-05
$0
PikesPeakMLS
Price Changed 2023-11-22
$389,900
REcolorado
Price Changed 2023-11-22
$389,900
Pueblo
Price Changed 2023-11-22
$389,900
RoyalGorge
Price Changed 2023-11-22
$389,900
PikesPeakMLS
Listed 2023-11-17
$399,900
REcolorado
Listed 2023-11-17
$399,900
Pueblo
Listed 2023-11-17
$399,900
RoyalGorge
Listed 2023-11-16
$399,900
PikesPeakMLS
Listing removed 2017-06-27
$210,000
RoyalGorge
Sold 2017-06-26
$210,000
Public Record
Listed 2017-04-24
$210,000
RoyalGorge
Sold 2005-04-29
$130,000
Public Record

Total Square Feet Living: 1296
Year Built: 1998
Building Exterior Type: Masonite Type
Other Buildings: Loafing Shed
Floor Plan: Ranch
Foundation Details: Crawl Space
Property Age: 26
Roof: Composite Shingle
Levels or Stories: Ranch
Structure Type: HUD Standard Manu
Total Area Main: 1296
Total Area Sqft: 1296
Year Built Details: Existing Home

Electricity Connected
Propane
Solar
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.