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$1,300,000
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Property Description
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!
Full Property Details
Full Property Details for 18530 Hwy 115
General
- Price: $1,300,000
- Taxes: $3,459 (2024)
- Status: Active
- Type: Single Family
- Source: PikesPeak
- MLS ID: 8958188
- Updated: 12/31/2025
- Added to Site: 122 day(s) ago
Interior
- Fireplace(s): Wood Burning
- Appliances: 220 Volts in Kitchen, Dishwasher, Disposal, Gas in Kitchen, Microwave, Oven, Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Main
Parking
- Garage Spaces: 2
- Garage Description: Detached
Location
- County: Fremont
- Subdivision: Penrose
School Information
- School District: 2
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Electric
Utilities
- Water: Water Rights, Well
- Utility Description: Electricity Connected, Propane, Solar
Structural Information
- Description/Design: 1.5 Stories
- Structure Type: Adobe
- Construction Status: Existing Home
- Exterior Const.: Stucco
- Roof: Other
- Square Feet: 2,915
- Upper: 320 Sq. Ft.
- Main/1st Level: 2,595 Sq. Ft.
- Finished Total: 2,915 Sq. Ft.
- Basement Finished: 0%
- Lower Finished: 0%
- Year Built: 1985
Additional Structures
- Other Structures: Barn, Loafing Shed, Shop, Stable & Stalls
Lot Features
- Lot Size (Acres): 108
- Lot Size (Sq. Ft.): 4,704,480
- Lot Description: Level, Meadow, Stream/Creek, View of Rock Formations
Financial Considerations
- Assoc Fee Freq.: Not Applicable
- Tax Amount: $3,459
- Tax Year: 2024
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Schools
Schools serving 18530 Hwy 115
School District:Florence School District Re-2
| Name | Grades | Distance |
|---|---|---|
Penrose Elementary School, Penrose, CO 100 Illinois Street, Penrose, CO 81240 | K-5 | 3.4 mi |
Florence High School 2006 State Highway 67, Florence, CO 81226 | 9-12 | 7.5 mi |
Fremont Middle School 215 North Maple, Florence, CO 81226 | 6-8 | 8.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18530 Hwy 115
Date
Details
Price
Change
Source
12/31/2025
Price Reduced
$1,300,000
-5.45%
MLS
11/21/2025
Price Increased
$1,375,000
3.77%
MLS
9/16/2025
Listed
$1,325,000
21%
MLS
3/15/2021
Sold
$1,095,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 18530 Hwy 115
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,459
2%
$57,038
7%
2023
$3,389
14%
$53,353
13%
2021
$2,977
4%
$47,199
6%
2022
$2,862
37%
$44,632
12%
2020
$2,082
-1%
$39,709
—
2019
$2,109
6%
$39,709
5%
2018
$1,988
38%
$37,934
1296%
2017
$1,444
5%
$2,717
-90%
2016
$1,378
1%
$25,960
—
2015
$1,363
15%
$25,960
15%
2013
$1,190
-1%
$22,490
-1%
2012
$1,202
—
$22,706
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 18530 Hwy 115
18530 Highway 115, Penrose, CO 81240 (MLS# 8958188) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 18530 Highway 115 is currently listed for $1,300,000 and was received on September 16, 2025. Want to learn more about 18530 Highway 115? Do you have questions about finding other Single Family real estate for sale in Penrose? You can browse all Penrose real estate or contact a Coldwell Banker agent to request more information.

