Restricted Address PENROSE, CO 81240

Features

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Facts

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Foreclosure Info

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Pre-Foreclosure Info

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Sale Type

Fannie Mae or Freddie Mac has foreclosed on this property because the owner couldn't meet their payments. Both are chartered by the U.S. Government to help lower-income families achieve homeownership. Special financing may be available.

Description

This property is eligible under the Freddie Mac First Look Initiative through 8/2/2024. Property sold as-is. Not for rent to lease. Nestled in Penrose near Highway 50, this charming country home on 9 acres offers tranquility and ample space. The 4-bedroom, 2-bathroom residence features a wood stove for cozy warmth, complemented by a spacious kitchen with included appliances. City water ensures convenience, while a large insulated shop/garage (30x40) with a 10-foot roll-up door, a barn, 2 sheds, and fenced surroundings cater to practical needs. A 2-car covered carport adds further utility. Notably, the front deck boasts stunning views of Pikes Peak, enhancing the serene rural setting. The property includes an owned outright solar array, poised to start producing energy pending final permit closure. With a bit of tender loving care, this home presents an excellent opportunity to add value and make it your own, blending comfort with potential in a picturesque Colorado landscape.