Metro Denver Luxury Homes For Sale

Property Description

Fully Renovated Home with an Efficiency Apartment & Exceptional Features – Prime Central Location! Welcome to this beautifully renovated 4-bedroom, 3-bathroom home, thoughtfully designed for comfort, functionality, and flexibility. Ideally situated in a central location just minutes from HWY 115 and HWY 50, this property provides convenient access to Colorado Springs, Florence, Cañon City, and Pueblo. The main home features fresh interior and exterior paint, new carpet in the bedrooms, central air conditioning, a brand-new roof, and new plumbing, offering peace of mind for years to come. The spacious floor plan includes a large sunroom with a pellet stove—perfect for year-round enjoyment—and a warm, inviting living area ideal for entertaining or relaxing with family. A standout feature of this property is the built-in efficiency apartment, currently rented for $700 per month on a month-to-month agreement. Complete with a full kitchen and private bathroom, this space is perfect as an Airbnb, mother-in-law suite, guest quarters, or an excellent opportunity for additional income. Step outside to enjoy a pergola designed for outdoor entertaining, and a fully fenced yard—ideal for pets, play, or simply unwinding in your own private retreat. A one-car garage provides added convenience and extra storage. Don’t miss this move-in-ready home with valuable rental potential, major system upgrades, and an unbeatable location in a growing area!

Features
: Forced Air, Pellet Stove
: Central Air
: Crawl Space
: Full
: Pellet Stove
: Carbon Monoxide Detector(s)
: Covered, Front Porch, Patio
: 1
: Dishwasher, Range, Refrigerator, Oven
: Traditional
: Metal
: Public Sewer
Address Map
CO
Fremont
Penrose
81240
Fremont
207
W106° 58' 32.1''
N38° 25' 26.7''
Additional Information
: Frame, Stucco
East
Going East on HWY 50, from HWY 115, turn left on Fremont Ave. Go .7 mi and destination will be on the left.
: 220 Volts
Penrose
: Private Yard
1
: Tile, Vinyl
1
Florence
: Vaulted Ceiling(s), High Speed Internet, Ceiling Fan(s), Walk-In Closet(s)
Yes
Yes
Cash, Conventional, FHA, VA Loan
Fremont
HomeSmart Preferred Realty
69079257
: None
: House
Penrose
$1,579
2026
: Cable Available, Phone Available, Electricity Connected
: Double Pane Windows
R-2
03/04/2026
2383
Active
Live/Work
Fremont RE-2
Fremont RE-2
Fremont RE-2
03/05/2026
1
03/05/2026
Public
: One

Penrose

207 Fremont, Penrose, CO 81240

4 Bedrooms
3 Total Baths
2,383 Square Feet
$395,000
Listing ID #9948485
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 9948485
Price : $395,000
Bedrooms : 4
Rooms : 10
Total Baths : 3
Full Bathrooms : 1
3/4 Bathrooms : 2
Square Footage : 2,383 Square Feet
Year Built : 1979
Lot Area : 0.40 Acres
Lot Acres : 0.4
Property Sub Type : Single Family Residence
Status : Active
Originating System Name : REcolorado
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