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Penrose 81240
116 Top Notch Trl
$535,000
↓ $15K (2.7%)
● House - For Sale

116 Top Notch Trl

Penrose, CO 81240
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,058 Ft²
$2,801
Est. Monthly

About This Property

Surrounded by mountain views and open skies, this well-maintained ranch-style home offers the convenience of true main-level living on a level, usable property designed for both comfort and flexibility. Daily living is effortless with the primary living areas, laundry, and mechanical systems all located on the main floor. The spacious living room features vaulted ceilings, a gas fireplace, and transom windows that fill the home with natural light. Just beyond, the bright dining area creates a welcoming space for everyday meals and larger gatherings. The kitchen offers extensive custom wood cabinetry, generous counter space, stainless steel appliances, and a highly functional layout with abundant storage. The primary suite enjoys direct access to the backyard patio through a newer Andersen sliding door, while an additional slider off the dining area creates a seamless connection between indoor and outdoor living spaces. Outside, the property's level acreage offers exceptional versatility. The large circular driveway provides convenient access and ample room for guests, RVs, trailers, campers, and equipment. Mountain views can be enjoyed from both the front and rear of the property, while the backyard patio creates an inviting space for relaxing, entertaining. The oversized garage is a standout feature, complete with custom-built workbenches, extensive storage, bright lighting, and durable flooring-ideal for hobbies, projects, or organization. Solar panels help improve energy efficiency and contribute to long-term utility savings. The unfinished basement provides significant storage and future expansion opportunities, featuring a roughed-in bathroom and partitioned areas that could accommodate additional bedrooms, office space, a recreation room, or expanded living quarters. Located in an area known for larger parcels and rural character, the property offers the flexibility many buyers are seeking, including space for horses and animals.
Unit Size
2,058 Ft²
Days on Market
-
Land Size
2.75 acres
Price per sqft
$260
Property Type
House
Property Taxes
$173
HOA Dues
-
Year Built
1996

Listed By

Scott Coddington
Scott Coddington
00001367-Pulse Real Estate Group LLC

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Last updated: 19 days ago (REcolorado MLS #IRE2880809)

Price History

Date / Event Date Event Price
Oct 16, 2026 Price Decreased $535,000
↓ $15K (2.7%)
Price Decreased
Aug 8, 2026 Price Decreased $550,000
↓ $5K (0.9%)
Price Decreased
Jul 16, 2026 Price Decreased $554,900
↓ $5K (0.9%)
Price Decreased
Jun 16, 2026 Price Decreased $559,900
↓ $10K (1.8%)
Price Decreased
Jun 5, 2026 Listed $569,900
Listed
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Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Cathedral Ceiling(s), Pantry
Appliances: Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Fire Alarm
Has Fireplace
Fireplace Features: Gas, Living Room, One
Basement: Full, Unfinished
Exterior Details
Square Footage: 2058
Square Footage Source: $0
Year Built: 1996
Levels: One
Construction Materials: Stucco
Patio and Porch Features: Patio
Lot Features: Level, Paved
Lot Size Area: 119790
Lot Size Units: Square Feet
Lot Size Acres: 2.75
Lot Size Square Feet: 119790
Water Source: Public
Financial Details
Tax Annual Amount: $2,079
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Forced Air
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 18
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 7
  • Basement Area: 2,058
  • Garage Type: 1
  • Garage Square Area: 515
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,058
  • Gross Building Area: 4,756
  • Building Area: 2,058
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,058
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOP RAIL RANCH ESTATES
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 4 BLK 3 TOP RAIL RANCH ESTATES FIL #2 REF FROM 994-04-605/995-04- 224/225

Neighborhood

  • School District Name: Florence School District RE-2
  • Census Tract: 978100

Geography

  • Account Number: R034435
  • Parcel: 99604126
  • Block: 3
  • Lot: 4
  • Latitude: 38.4055
  • Longitude: -104.956

    Address

  • Full Address: 116 Top Notch Trl
  • Address - House Number: 116
  • Address - Street Name: Top Notch
  • Address - Suffix Type: Trl
  • State: CO
  • City Name: Penrose
  • Carrier Code: R004
  • 4-Digit Zip Code: 9269
  • Zip Code: 81240

Valuation

    Tax

  • Total Area: 4,116
  • Tax Year: 2023
  • Tax Amount: $185,152
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 30E

    Appraisal Valuation

  • Standard Deviation: 0.0888
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 511,683
  • High Value: 557,171
  • Low Value: 466,196

    Market Valuation

  • Market Total Value: $424,283

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,427
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Penrose


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Frequently Asked Questions

When was property at 116 Top Notch Trail built and last sold?
The property at 116 Top Notch Trail was built in 1996 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 116 Top Notch Trail is $540,953.
What are some comparable homes to 116 Top Notch Trail?
There are currently no comparable homes to 116 Top Notch Trail.