Welcome to 611 Q St, Penrose, CO 81240 - a rare 20-acre retreat with unmatched versatility, panoramic views, and room to grow. Situated on two fully fenced 10-acre parcels, this exceptional property offers the flexibility to add a second residence (potentially eligible for an additional water tap per Penrose Water District-buyer to verify). Whether you're looking for multi-generational living, agricultural use, or a peaceful homestead, this property delivers. The well-maintained home features a thoughtful layout with garden-level windows in the basement, bringing in natural light and mountain views. The primary suite has been upgraded with a walk-in shower, and the kitchen is outfitted with stainless steel appliances, plus washer and dryer included for convenience. Central A/C keeps the home comfortable year-round. Step outside to enjoy a massive rooftop deck-perfect for entertaining or soaking in the breathtaking landscape-and a detached metal shop that can accommodate up to 8 cars or a motorhome. The shop is equipped with a wood stove for heat, a 50-amp circuit for welding or RVs, and even features a mechanic's pit for working on vehicles. With no HOA, zoning that allows horses and cows, and 20 acres of flat, usable land, this property is a dream come true for hobby farmers, car enthusiasts, and those seeking Colorado country living with room to expand.
Lot FeaturesCul-De-Sac, Deciduous Trees, Level, Paved
Garage spaces10
ViewMountain(s), Plains View
CITYPenrose
SUBDIVISIONBeaver Park
COUNTYFremont
AREAOut of Area
STATECO
TAX AMOUNT1448.0
LATEST UPDATE2026-03-03T02:06:10.244Z
DAYS ON MARKET48
PRICE CHANGE(S)
$700,000 Jan 17, 2026
Market Trends
New Properties On Market
4
300%
Increase In New Listings
Average Asking Price
$539,000
$161,000 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$205
$77 Decrease In List Price/Sq. Ft.
Average Days On Market
1
47 Day
Decrease In Days On Market
Data as of Mar 14, 2026.
Remaining statistics above are calculated on activity within the period from Jan 01, 2026 to Feb 28, 2026.
Mortgage Calculator
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