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542 2nd Street, Penrose, CO 81240

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For Sale

$520,000

6 beds • 3 baths • 3,360 sqft

Estimated Payment

$ 2,842 /mo. †

6.65% APR for 30 yrs.
$2,056 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $154.76
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

Welcome to your new sanctuary! Nestled on a 1-acre lot in Penrose, this wonderful 3360 sq ft home is a perfect blend of comfort and outdoor adventure. With 5 spacious bedrooms and 3 bathrooms, this residence is designed for both relaxation and entertaining. As you step inside, you ll be greeted by a warm and inviting layout that effortlessly connects the living spaces. Natural light floods the home, highlighting the thoughtful design and cozy atmosphere. The well-equipped kitchen, complete with modern appliances and ample counter space, is perfect for preparing meals and enjoying casual gatherings with family and friends. Venture outside to discover your own private paradise! The xeriscaped yard is not only environmentally friendly but also low-maintenance, allowing you to spend more time enjoying the stunning Colorado sunsets. Gather around the outdoor firepit for cozy evenings under the stars, or challenge friends and family to a spirited game on the turf volleyball area fun and activity await right in your backyard! With plenty of room for relaxation and recreation, this home is ready for you to move in and start creating unforgettable memories. Whether you re hosting a summer barbecue, enjoying a quiet evening by the fire, or simply soaking in the beauty of your surroundings, this property offers the perfect backdrop for every occasion. Don t miss out on this incredible opportunity.
MLS# 9444579

Courtesy Of CHERRY CREEK PROPERTIES

(719) 458-1345

Property Features

  • Age
    21-30 Years Old
  • Architecture Style
    Ranch
  • Cooling System
    Evaporative
  • Floor Covering
    Carpet, Tile, Tile - Ceramic
  • Heating System
    Hot Water
  • Lot Size
    1 Acres
  • Rooms
    Dining Room, Family Room, Kitchen, Living Room, Office

Map and Directions

Directions to 542 2nd Street, Penrose, CO 81240

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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $2,671
  • Property Taxes
    $171
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,842

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Penrose Elementary School

Grades KG-5 Public School

Penrose, CO 81240 2.1 miles
100 illinois st

295 total students
16:1 Student teacher ratio

School Rating: C

School Details

Fremont Middle School

Grades 6-8 Public School

Florence, CO 81226 5.8 miles


School Details

Fremont High School

Grades 9-12 Public School

Florence, CO 81226 5.4 miles
2006 highway 67

603 total students
18:1 Student teacher ratio

School Rating: D+

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Penrose, CO 81240

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Penrose, CO 81240

This community’s employment is highest in the food and construction industries. The area’s overall household expenses are below the national average.

86° July
Hottest Average Month
17° January
Coldest Average Month
2,477 Total Households in Area
1.2% Increase in population since the year 2010
28.6%
of households
have children
27 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Penrose, CO 81240

Penrose, CO 81240 has a population of 6,666 people in 2,477 households with a median age of 44.8 years old.

1.2%
Increase in population
since the year 2010
Population is Trending up
2,490
Total households as of 2010
4.1%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 44.8 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 82%
Hispanic 13%
Other 5%
Black 2%
Native American 1%
Asian <1%
The most prevalent ethnicity is White at 82%, followed by Hispanic at 13%, Other at 5%, and Black at 2%.

Economics
for Penrose, CO 81240

35 /sq mi
Population Density
$68,915 /yr
Median Household Income
$354,000
Median Sales Price
27 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.4% of the households.

Transportation to Work

  • Drive 84%
  • Work from Home 12%
  • Walk or Bike 4%
  • Public Transit 0%

Occupancy by Type

Owned 2,038 75%
Rented 440 16%
Vacant 225 8%

White vs Blue Collar Jobs







White Collar 67%
Blue Collar 33%

Family & Education Facts
for Penrose, CO 81240

44.8 Median Age

Average Household Size

2.5
persons per
household

58.1%

Married Households

Community Population By Education

High School Graduate 33%
Some College 27%
Bachelors Degree 16%
Graduate Degree 10%
Some High School 8%
Associates Degree 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 33.18% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
28.6% of households have children

Weather
for Penrose, CO 81240

The weather for this area ranges from a high of 86° F in July to a low of 17° F in January

86° July
Hottest Average Month
17° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
17°
44°
Feb
19°
47°
Mar
25°
52°
Apr
33°
61°
May
42°
70°
Jun
51°
80°
Jul
57°
86°
Aug
55°
83°
Sep
47°
76°
Oct
36°
66°
Nov
25°
52°
Dec
18°
45°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Royal Gorge Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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