For Sale House MLS# 1736518

1400 K Street

Penrose, CO 81240

$699,900

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About 1400 K Street

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!

Property details

Property

Type
Single Family
MLS type
Single Family Home
Status
Active
Year built
1975
Living area
2,950 sqft
Price / sqft
$237
Lot
9.44
Full baths
2
Original price
$699,900
MLS #
1736518

Interior

Features
Partial Basement
Appliances
Dishwasher, Disposal, Oven, Range, Refrigerator
Flooring
Tile, Wood
Heating
Baseboard, Hot Water
Cooling
Evaporative Cooling
Laundry
Main
Windows
Wood

Exterior & lot

Features
Barn, See Prop Desc Remarks, Parking spaces: 2
Roof
Composite Shingle
Fence
Front, Rear

Schools

District
Fremont RE-2

Utilities

Utilities
Septic, Municipal, Electricity Available
Water
Municipal
Sewer
Septic

Financial

Financial
Pikes Peak REALTOR® Services
Annual tax
$1,760
Tax year
2025
Parcel
3937090015001

Location

County
Fremont
Community
0.0, Not Applicable, Florence/Fremont RE-2

Ask about this property

Questions on 1400 K Street, Penrose, CO 81240, or want to see it in person?

Listed by Leanne Whitman, RE/MAX Associates

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.