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$2,950 Total Monthly Price

5101 Co Rd 123, Penrose, CO 81240

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Applicant has the right to provide the property manager or owner with a Portable Tenant Screening Report (PTSR) that is not more than 30 days old, as defined in § 38-12-902(2.5), Colorado Revised Statutes; and 2) if Applicant provides the property manager or owner with a PTSR, the property manager or owner is prohibited from: a) charging Applicant a rental application fee; or b) charging Applicant a fee for the property manager or owner to access or use the PTSR.

What This House Offers

Advertised price is total price. No extra fees apply.

Country living at its finest! This beautifully updated 3-bedroom, 2-bath home sits on 10 private acres...
with breathtaking mountain views. Inside, you'll find fresh paint, new luxury vinyl plank flooring throughout, an open-concept living area, and a spacious kitchen. A washer and dryer are included for your convenience.

Outside is where this property truly shines. Enjoy a massive shop with loft space, ideal for storage, hobbies, equipment, or a workshop. The property also features a 240V hookup for an RV or electric vehicle charger, ample parking, and room to enjoy the outdoors while taking in spectacular mountain views.

This is a rare opportunity to rent a peaceful country property with space, privacy, and amenities that are difficult to find.

- Total Monthly Cost: $2950

This home features:

- 10 Acre lot
- Huge workshop on property
- Mountain views
- RV/EV hookups
- Open concept
- W/D in unit
- Pet friendly
- Resident responsible for all utility setup.

To schedule a showing or get more information, reach Sydney at . Texting is preferred for a faster response, but calls are fine too!

One Time Costs:
- Application Fee - $35 per adult: 3rd party screening vendor: Findigs (Background check, credit check, rental/living history verification, income verification)
- Deposit: Security Deposit required; amount varies based on screening criteria
- Pet Deposit $300
- One-time mandatory Move-in Fee: $100. The move-in fee covers lease setup, resident account creation, key/access preparation, and required administrative processing. Billed the second month.

Optional Monthly Charges:
- Pet Rent: $35
- Renter’s Insurance: Required. You may provide your own policy or opt into Second Nature for coverage at just $15.95/month ($11.95 for liability insurance + $4.00 admin fee).
- Resident Benefits Package (RBP): All Boardwalk Property Management residents have the option to enroll in the RBP for $30.45/month. Note: The $11.95 liability insurance + $4.00 admin fee from Second Nature is INCLUDED if you choose to enroll in the RBP. This package includes credit building to help boost your credit score with timely rent payments, up to $1M Identity Theft Protection, a move-in concierge service to assist with utility and home service setup, access to our best-in-class resident rewards program, and more.

Please visit our website www.boardwalk- for all details AND showings

**Applicant has the right to provide Boardwalk Property Management with a Portable Tenant Screening Report (PTSR) that is not more than 60 days old, as defined in § 38-12-902(2.5), Colorado Revised Statutes; and 2) if Applicant provides Boardwalk Property Management with a PTSR, Boardwalk Property Management is prohibited from: a) charging Applicant a rental application fee; or b) charging Applicant a fee for Boardwalk Property Management to access or use the PTSR.

** Applicants using housing assistance or rental subsidies are welcome. Please contact the property manager for application instructions.

**PHOTOGRAPHY/VIDEOGRAPHY DISCLOSURE: We do not take new marketing pictures whenever a rental is turned over between tenants. Therefore, the photos we provide on our listings are meant to help potential residents see the general layout of a property – they do not represent the current/actual condition. If you would like to better understand the condition of a listing, please schedule a personal viewing**

Unit

  • $2,950 Total Monthly Price
  • 3 Beds
  • 2 Baths
  • 1453 sq. ft.
  • Available Aug 15

5101 Co Rd 123 is a single-family home for rent in Penrose, CO

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Cats Allowed

  • Fee Not Specified

Dogs Allowed

  • Fee Not Specified

Property Fee Disclaimer Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

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Get In Touch

Property Address:
5101 Co Rd 123,
Penrose, CO 81240
Listed by
Boardwalk Property Management | Boardwalk Property Management
Phone Number: (719) 800-9031

Area Scores

Driveability

Exceptionally drivable100 / 100

Bikeability

Somewhat bikeable20 / 100


Soundscore

Calm90 / 100

Scores provided by
HowLoud

Local Education

Primary and Secondary Schools

5 rating

Penrose Elementary School

Grades PK-5

Public

6 rating

Canon City Middle School

Grades 6-8

Public

5 rating

Harrison School

Grades K-8

Public

undefined rating

Pueblo Christian Academy

Grades PK-8

Private

3 rating

Canon City High School

Grades 9-12

Public

undefined rating

Florence Christian School

Grades K-12

Private

Data provided by GreatSchools.org © 2026. All rights reserved.

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Airports

Living in Penrose provides easy access to City of Colorado Springs Municipal, located just 65 minutes from 5101 Co Rd 123.

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