This Luxurious custom estate has 5,161 square feet of living space! One owner stucco home w/ 4 bedrooms & 4 bathrooms. If you need a workshop or place for your toys, this property has a 4 car attached garage, 4 car detached, heated, & insulated Morton RV garage /shop. Situated on 5 acres & comes w/ 5 shares of Beaver Park irrigation & a 3 stall Morton barn & corral. Front pasture is fenced for horses, cows & dogs .Walk into an expansive open floor plan with stunning Carlisle hardwood flooring, solid wood doors, vaulted ceilings, & lots of unique touches. Gourmet kitchen featuring quartz countertops, fabulous breakfast bar & island, quality cabinets, Wolf gas range top and double ovens, Sub Zero refrigerator, pantry, pot filler, warming oven & 3 sinks! Exquisite dining space boasts built- in cabinetry w/ glass insets & under cabinet lighting. The great room is centered around a beautiful gas fireplace w/ stone accents and built-in cabinets/ shelving. Additional media room with sliding doors to retreat from the rest of the home also has walkout to privacy fenced backyard. Wet bar is equipped with ice maker & mini fridge! If you love to grill, the courtyard off the wet bar is great for entertaining your friends. The primary suite has walk out to the14x14 private covered courtyard. Adjoining primary bath has beautiful tile work, double sink vanity, lots of storage space, private toilet and large walk-in steam shower! Too much to list, this is a must see! Lots of the furniture can be included!
This property is $996K more than the Median Sold Price and $45/SqFt less than other homes in Penrose, CO.
Based on homes sold in November 2024
MLS Details
MLS Information:
MLS Number: #6479246
Listing Office:
Office Name: All Seasons LLC
Office Phone: (719) 632-3368
Listing Agent: Suzanne Adamson
The real estate listing information and related content displayed on this site is provided exclusively 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. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,805
Per Month
Principal & Interest
$6,738
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,114
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Penrose Elementary School
100 Illinois St
Distance between this listing and this school2.31 miles
Public District Grades KG-5
5
/10
Fremont Elementary School
500 W 5th St
Distance between this listing and this school7.97 miles
Public District Grades KG-5
5
/10
Washington Elementary School
606 N 9th St
Distance between this listing and this school13.42 miles
Public District Grades KG-5
Nearby Schools
3
/10
Harrison K-8 School
920 Field Ave
Distance between this listing and this school11.77 miles
Public District Grades KG-8
6
/10
Mount View Core Knowledge Charter School
809 Field Ave
Distance between this listing and this school11.80 miles
Public Charter Grades PK-8
4
/10
Canon City Middle School
1215 Main Steeet
Distance between this listing and this school13.03 miles
Public District Grades 6-8
Nearby Schools
3
/10
Fremont High School
2006 Highway 67
Distance between this listing and this school7.06 miles
Public District Grades 9-12
4
/10
Canon City High School
1313 College Ave
Distance between this listing and this school13.16 miles
Public District Grades 9-12
5
/10
Pueblo West High School
661 W Capistrano Ave
Distance between this listing and this school14.87 miles
The neighbors living near this home have an average income of $54,839. Most Penrose, CO residents have annual incomes between $35k-100k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1287 3rd St
What is the listing price of this property?
The listing price of 1287 3rd St property is $1,350,000.
What type of property is this?
The property 1287 3rd St is a house located in Penrose, Colorado, 81240.
Is this property for sale now?
Active Listing: 1287 3rd St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,828 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 11, 2016 for $140,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1287 3rd St has 4 bedrooms and 1 full and 3 half bathrooms.
What is the square footage of this property?
The property 1287 3rd St is 5,161 SqFt (source: MLS/tax record).
This home is located at 1287 3rd St in Penrose, CO and zip code 81240. This 5,161 square foot home, which was built in 2018, sits on a 5.00 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $1,350,000.
Penrose, CO housing market in November 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below. The number of listings in Penrose, CO increased by 4.3% between October 2024 and November 2024. In November 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $354,000.
From Rocket Homes Real Estate and based on county public records data.