40 Iris Ln, Penrose, CO 81240
OFF MARKET

$334,200

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,215 sqft

40 Iris Ln, Penrose, CO 81240

Est. Refi. Payment $1,894/mo*
Refinance Your Home
Currently Off Market - Sold May 7, 2018 for $196,000

Home Value

Trulia Estimate
$334K
Since last month
Increased$7K (+2.1%)
Since last year
Decreased$21K (-6%)
Since last sale
Increased$138K (+70.5%)
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 +87% in the last 10 years
MonthEstimated value
2026
August 2026$334K
August 2026$334K
July 2026$327K
June 2026$340K
May 2026$372K
April 2026$364K
March 2026$329K
February 2026$332K
January 2026$334K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
0.77
Mobile / Manufactured
$520,000
12/05/25
4
2
2,036
1.47
Mobile / Manufactured
$250,000
11/12/25
3
2
1,300
2.43
Mobile / Manufactured
$362,000
02/17/26
4
2
1,705
2.67
Mobile / Manufactured
$295,000
02/09/26
4
2
1,932
2.53
Mobile / Manufactured
$525,000
05/05/26
4
2
2,016
0.80
Mobile / Manufactured
$105,000
10/15/25
-
-
3.30
Mobile / Manufactured
$385,000
08/21/26
4
2
1,568
3.97
Mobile / Manufactured
$368,000
02/13/26
3
2
1,568
3.93
Mobile / Manufactured
$399,900
01/23/26
3
2
1,344
5.15
Mobile / Manufactured
$475,000
09/08/25
3
2
1,568

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
0.13
$208,200
3
2
1,432
Off Market
0.18
$337,000
3
2
1,777
Off Market
0.21
-
-
-
-
Off Market
0.23
$410,000
4
2
1,667
Recently Sold
0.29
$344,000
3
1
1,480
Off Market
0.30
$259,900
3
2
1,344
For Sale
0.36
-
-
-
-
Off Market
0.37
$170,000
-
-
-
For Sale
0.41
$564,400
3
2
1,337
Off Market
0.44
$262,000
3
2
1,080
Off Market
0.49
$419,999
3
2
2,271
For Sale
0.48
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 40 Iris Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Mobile/Manufactured
Year Built
1997
Living Area
1,215 sqft
Price/Sqft
$275
Parking
Garage

About this House

This mobile / manufactured is located at 40 Iris Ln, Penrose, CO. 40 Iris Ln is in Penrose, CO and in ZIP code 81240. This property has 3 bedrooms, 2 bathrooms and approximately 1,215 sqft of floor space. This property has a lot size of 1 acre and was built in 1997.
40 Iris Ln, Penrose, CO 81240 is a 3 bedroom, 2 bathroom, 1,215 sqft mobile/manufactured built in 1997. It last sold for $196,000 on May 7, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $334,200, with a rent estimate of $1,568/month.

Home Details for 40 Iris Ln

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: EvaporativeHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet
Interior Details
Number of Rooms: 7Types of Rooms: Dining Room, Laundry Room, Master BathCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: CompositionDeckExterior: OtherFoundation Type: Concrete BlockLawnPatioPorch
Parking & Garage
GarageParking Spaces: 8Parking: Garage Attached

Property Information

Year Built
Year Built: 1997
Property Type / Style
Property Type: Mobile Manufactured

Community

Units in Building: 1

Mobile R/V

RV Parking
Rv Parking

Price and Tax history

DateEventPrice
May 7, 2018
Source: Royal Gorge AOR #58129
Sold
$196,000
Jul 24, 2015
Source: Royal Gorge AOR #51801
Sold
$159,000
Oct 11, 2007
Source: N/A
Sold
$125,000

Market trends in Penrose

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
41
1
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

Frequently asked questions about 40 Iris Ln

  • What is 40 Iris Ln estimated to be worth?
    Trulia's estimated value for 40 Iris Ln in Penrose, CO is $334,200.
  • What is the price history for 40 Iris Ln?
    40 Iris Ln in Penrose, CO last sold for $196,000 in May 2018.
  • 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 40 Iris Ln have air conditioning?
    Yes, 40 Iris Ln in Penrose, CO has air conditioning.
  • Does 40 Iris Ln have laundry facilities?
    Yes, 40 Iris Ln in Penrose, CO has in-unit laundry.

Apartments for Rent

Off Market Homes Near 40 Iris Ln

Skip to last item
Skip to first item

Homes for sale near 40 Iris Ln

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item