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18530 State Highway 115, Penrose, CO – $1,325,000

  • 3 Beds
  • 3 Baths
  • 2,915 Sqft
  • 108 Acres
  • 3 Beds
  • 3 Baths
  • 2,915 Sqft
  • 108 Acres

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18530 State Highway 115

Beaver Creek Ranch is a stunning 108-Acres with an Adobe-Style Home, Arena, Barn & More! Tucked away off of Highway 115, down a private driveway, this 2,915 sf adobe-style home sits on 108 acres of ranch land, perfectly equipped for both equestrian and agricultural pursuits. This property offers endless opportunities—whether you're looking for a working ranch, private retreat, or multi-use estate. The main level of the home boasts classic adobe character with beautiful wood beams, LVP & tile flooring of spacious living. A large family room, separate living room, dining room, laundry room, and a kitchen with a walk-in pantry create a functional and inviting layout. The master suite features a generous walk-through closet. New flooring enhances the living space. Upstairs, a third bedroom and full bathroom with its own outdoor entrance provides great flexibility—ideal for guests, rental, multi generational living or can be used as a craft room. The home is largely self-sufficient with 72 solar panels. Sweeping mountain views and a seasonal creek attract abundant wildlife, creating a peaceful, scenic backdrop. For equestrian enthusiasts, this ranch is truly horse-ready. It features a 300' x 155' riding arena, a 50' x 115' barn with 9 stalls, tack room & hay storage. A loafing shed & 4 corrals with shipping chute. Approximately 30 acres of irrigated hay field provide agricultural potential, with hay freshly baled in August. The property comes with 31 shares of irrigated water rights. Additional income is generated by a discreet internet tower leased to SECOM, located out of sight on a near by bluff. There is also a shooting range at the back of the property. With its private setting & wide-open spaces and located just north of downtown Penrose, close to Canon City, Pueblo & Colorado Springs, this unique property is a rare gem!

Listing Office: Mason & Morse Ranch Company

Essential Information

  • MLS® #7371495
  • Price$1,325,000
  • Bedrooms3
  • Bathrooms3.00
  • Full Baths2
  • Square Footage2,915
  • Acres108.00
  • Year Built1895
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address18530 State Highway 115
  • SubdivisionMetes & Bounds
  • CityPenrose
  • CountyFremont
  • StateCO
  • Zip Code81240

Amenities

  • Parking Spaces2
  • # of Garages2

Interior

  • HeatingBaseboard
  • CoolingNone
  • StoriesTwo

Exterior

  • RoofUnknown

School Information

  • DistrictFremont RE-2
  • ElementaryPenrose
  • MiddleFremont
  • HighFlorence

Additional Information

  • Date ListedSeptember 22nd, 2025

Listing Details

  • Mason & Morse Ranch Company
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Listing information last updated on November 9th, 2025 at 10:48am MST.