Wonderful 10-acre horse facility for sale in Penrose, CO, ideally located just 30 minutes from Colorado Springs and Pueblo. This property offers breathtaking mountain views, a mild climate, and proximity to numerous riding trails, including Brush Hollow Reservoir. The 36 x 84 barn is a unique custom-built structure by the previous owner. Inside, it provides 5 spacious stalls with attached runs, a wash bay, heated tack room, ample hay storage, and lofts at each end. A 12' breezeway allows easy tractor or utility vehicle access. The barn includes multiple electrical outlets and lighting, making it ideal for tank heaters and late-night winter feedings. In addition to the main barn, the property has 3 paddocks, each with a Shelter Logic Shelter, plus an enclosure with a 10 x 20 metal loafing shed. Additional hay storage is provided by a 30 x 40 metal building on the property's east side. The outdoor arena, measuring 100 x 200, is conveniently positioned near the barn, round pen, and enclosures. In front of the barn, there's a 60' round pen and security light. Four water spigots and electrical access points are distributed across the property, along with a 30-amp RV hookup and dump site, ideal for hosting visitors. The 8-acre hay field, planted with a grass-alfalfa mix, includes 8 shares of irrigation water. It currently serves as pasture but has previously been cut for hay, making it versatile for various agricultural uses. A newly added 3-bedroom, 2-bath modular home completed its final Certificate of Occupancy in May 2024. This 1,440 sq. ft. home is a renovated commercial building (built in 2000) with a brand-new interior, including updated flooring, electrical, plumbing, septic, appliances, and HVAC. The efficient mini-split system provides individual room temperature control. The exterior features fresh paint and a new 10 x 16 front deck. Perfect for boarding or training horses, this property also includes an income-generating hay business. A corral panel business.