1287 3rd St, Penrose, CO 81240
Property image
Property image
OFF MARKET

$1,214,700

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 5,161 sqft (on 5 acres)

1287 3rd St, Penrose, CO 81240

Est. Refi. Payment $6,932/mo*
Refinance Your Home
Currently Off Market - Sold Apr 17, 2025 for $1,250,000

Home Value

Trulia Estimate
$1.22M
Since last month
Decreased$42K (-3.4%)
Since last year
Decreased$60K (-4.7%)
Since last sale
Decreased$54K (-4.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +55% in the last 10 years
MonthEstimated value
2026
September 2026$1.2M
August 2026$1.21M
July 2026$1.24M
June 2026$1.23M
May 2026$1.23M
April 2026$1.22M
March 2026$1.22M
February 2026$1.22M
January 2026$1.21M
2025
2024
2023
2022
2021

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.38
Single-Family Home
$920,000
03/31/26
5
3
4,006
0.53
Single-Family Home
$340,000
07/20/26
4
3
1,904
0.91
Single-Family Home
$530,000
11/19/25
5
2
2,893
1.10
Single-Family Home
$745,000
05/15/26
4
3
2,856
0.70
Single-Family Home
$320,000
09/23/25
3
1.5
1,176
1.29
Single-Family Home
$675,000
07/10/26
4
2
2,277
1.18
Single-Family Home
$862,500
09/30/25
3
2.5
2,518
1.47
Single-Family Home
$618,000
05/18/26
4
2
1,953
1.73
Single-Family Home
$588,000
06/15/26
3
2.5
2,356
1.32
Single-Family Home
$625,000
08/24/26
3
4
2,614

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.23
$465,000
3
2
1,845
For Sale
0.27
-
-
-
-
Off Market
0.36
$461,900
5
3
2,816
Off Market
0.38
$920,000
5
3
4,006
Recently Sold
0.46
$389,000
3
2
1,224
For Sale
0.50
-
-
-
-
Off Market
0.52
-
-
-
-
Off Market
0.53
$340,000
4
3
1,904
Recently Sold
0.54
$364,600
4
2
1,604
Off Market
0.54
-
-
-
-
Off Market
0.64
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 1287 3rd St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2018
5 acre lot
5,161 sqft
$235/sqft
Attached Garage

About this House

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 furniture included!!
1287 3rd St, Penrose, CO 81240 is a 4 bedroom, 3 bathroom, 5,161 sqft single-family home built in 2018. It last sold for $1,250,000 on Apr 17, 2025 (7% below the $1,350,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,214,700, with a rent estimate of $4,097/month.
Last check for updates: about 3 hours ago
Listed by Suzanne J. Adamson
All Seasons Llc
Bought with: Comps, Only, Comps, Only
Source: Royal Gorge AOR, MLS#71014

Home Details for 1287 3rd St

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 5161 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected
Heating & Cooling
Heating: Forced Air,Natural Gas,RadiantHas CoolingAir Conditioning: Refrigerated AirHas HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2
View
Has a ViewView: Mountain(s)

Exterior Features

Parking & Garage
No CarportHas a GarageHas an Attached GarageParking: Attached,Detached
Water & Sewer
Sewer: Public Septic
Surface & Elevation
Topography: Level, Rolling

Property Information

Year Built
Year Built: 2018
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Stucco, Wood Frame
Property Information
Included in Sale: Dishwasher, Range/Oven, RefrigeratorParcel Number: 99704370

Price & Status

Price
List Price: $1,350,000

Active Status

MLS Status: Closed

Location

Direction & Address
City: Penrose
School Information
Elementary School: Penrose

Building

Building Area
Building Area: 5161 Square Feet

Lot Information

Lot Area: 5 Acres

Offer

Listing Terms: Cash, Conventional, VA Loan

Miscellaneous

Mls Number: 71014Attribution Contact: 7196323368

Price and Tax history

DateEventPrice
Apr 17, 2025
Source: Royal Gorge AOR #71014
Sold
$1,250,000
Apr 10, 2025
Source: Royal Gorge AOR #71014
Pending
$1,350,000
Jul 25, 2024
Source: elevateMLS #6479246
PriceChange
$1,500,000
Price decreased by 6%
Jun 25, 2024
Source: Royal Gorge AOR #71014
Listed For Sale
$1,600,000
May 11, 2016
Source: N/A
Sold
$140,000

Market trends in Penrose

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
38
3
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Penrose

At least 9 Trulia users voted on each feature.
  • 92 % Say parking is easy

  • 89 % Say yards are well-kept

  • 88 % Say car is needed

  • 81 % Say people would walk alone at night

  • 80 % Say there's wildlife

  • 79 % Say it's quiet

  • 69 % Say there's holiday spirit

  • 62 % Say it's dog friendly

  • 60 % Say there are community events

  • 59 % Say kids play outside

  • 58 % Say neighbors are friendly

  • 36 % Say they plan to stay for at least 5 years

  • 35 % Say it's walkable to grocery stores

  • 18 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Pstiller
    "I live here, over live here ten years. like the people a lot but not the inconvenience. only one gas station, one very limited grocery. one bank. "
  • rstillday
    "I've lived in Penrose for two years now and love the area, everything is close and neighbors are really nice. Keep to themselves, but friendly if you need help. Great place to retire."
  • Ken
    "The area is good for horse or animal lovers. The county is only allowing homes or doublewide mobiles in the areas. No singlewides of any year or style are allowed. The area consist of half gravel and half paved roads. There is a huge mix of home types in the area. In 20 years it may become a more sought after area. The local folks do not want to be incorporated like the county would like it to be."

LGBTQ Local Legal Protections

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Frequently asked questions about 1287 3rd St

  • What is 1287 3rd St estimated to be worth?
    Trulia's estimated value for 1287 3rd St in Penrose, CO is $1,214,700.
  • What is the price history for 1287 3rd St?
    1287 3rd St in Penrose, CO last sold for $1,250,000 in April 2025.
  • Is Penrose a buyer's or seller's market?
    Penrose is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Penrose?
    Residents describe Penrose, CO as easy to park in, well-kept, and quiet. Most residents say you need a car. See recently sold homes in Penrose, CO.
  • Does 1287 3rd St have air conditioning?
    Yes, 1287 3rd St in Penrose, CO has air conditioning.
  • How big is the lot at 1287 3rd St?
    The lot at 1287 3rd St in Penrose, CO is about 5 acres.

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