Are you ready to embrace the beauty of Colorado's serene landscapes and build your dream home? Look no further! This extraordinary 46.37-acre fenced property, nestled along Hwy 50 and R St in Penrose in the banana belt of Colorado, offers the perfect canvas for your vision. This property boasts an abundance of trees and a natural spring (never ran out of water), providing a picturesque setting for your dream home or agricultural pursuits (Livestock friendly with Ag zoning). Yes, chickens welcome! Enjoy breathtaking views of Pikes Peak and the Wet Mountains from your future home. The property is accessible via a paved road, ensuring easy year-round access. With no neighbors behind you, you'll relish the tranquility and privacy of this exceptional location. The adjacent property has a 15 GPM well and an ability to drill 4 separate wells with subdividing, offering lots of potential water options. With two separate parcels (recently re-surveyed), this property also offers the possibility of subdividing 11 acres into 3-3.5 acre lots or smaller lots, making it an excellent investment opportunity. Across from the successful subdivision Top Rail. Storage Container, tree nursery, RV park, greenhouse/homestead possibilities with approval. Known for it's mild winters and sunny days, don't miss out on this rare chance to own a piece of Colorado paradise. Whether you're seeking a peaceful retreat, an agricultural endeavor, or an investment opportunity, this property has it all.