For sale Home

Listed Jun 13, 2026

$310,000 Est. $2,050/mo

31040 Penrose Road

  • 5

    Beds

  • 3

    Baths

  • 2,400

    Sq ft

The story

  • Basement

A rare blend of history, character, and modern updates, this one-of-a-kind home was originally built as the Fairview School in 1877 and has been tastefully reimagined into a spacious five-bedroom, three-bath residence. Situated on one acre at the corner of Polo Road and Penrose, the property offers a unique living experience with thoughtful improvements throughout. The remodeled kitchen features stone countertops, a wet bar, heated floors and custom pantry, while the inviting living spaces are highlighted by a fireplace, main floor laundry, and a convenient main floor bathroom. Recent updates include a new roof, stained siding, garage floors, and garage openers in 2022, along with a new front window and door in 2025. Outside, enjoy the hot tub, attached 2.5-car garage, and a detached barn with loft and wood burner, providing endless possibilities for a workshop, storage, or hobby space. With a full basement and a rich history that can't be replicated, this is a truly special property ready for its next chapter.

Facts & features

Home type

Home

Year built

1877

Lot size

1 acres

Price per sq ft

$129

Parking

4-car garage

Included features

  • Basement

    Yes

  • Cooling

    Central Air

  • Heating

    Propane, Forced Air

  • Appliances

    Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Water Softener

  • Roof

    Asphalt

  • Water Source

    Well

  • Sewer

    Septic Tank

Mortgage calculator

Estimated monthly payment

$2,050 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,650
  • Property tax $310
  • Insurance $90

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

RE/MAX of Rock Valley

Broker Name

RE/MAX of Rock Valley

Agent

JD Gieson