1400 K St, Penrose, CO 81240

Property Description

Updated Brick Rancher on 4.72 Acres with Water Rights & Horse Facilities. Welcome to this beautifully updated brick rancher offering just under 3,600 finished square feet one one parcel totaling 4.72 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 4 shares of Beaver Park water, a connected Penrose water tap 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. This property can be purchased with the adjacent parcel to have 9.44 acres and a total of 9 shares of Beaver Park Water. Schedule your private showing today!