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18530 State Highway 115, 
Penrose, CO 81240

$1,325,000


3

Beds


3

Baths


2,915

Sq Ft


Single Family

Active

Listed by

Scot Oliver

Mason & Morse Ranch Company

MLS#

7371495

Source:

ML

About This Home

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!

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 1895

Price Summary

1,325,000

$454 per Sq. Ft.

MLS #:

7371495


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

2,915 Sq. Ft.


Structure

Structure

Building Area:

2,915 Sq. Ft.

Year Built:

1895


Lot

Lot Size (Sq. Ft):

4,704,480


Finances & Disclosures

Finances

Price:

$1,325,000

Price per Sq. Ft:

$454 per Sq. Ft.

MLS Logo
Based on information submitted to the MLS GRID as of September 22, 2025 05:42 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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