This is a quaint horse property of 4.65 acres in a primo location east of Boulder. A private drive serves a dozen properties, and this one is located one-third of a mile from Arapahoe, on the north side. The property was well known to the horse community as it was for decades run as a Morgan boarding and training facility known as Munzel Morgans. The property was developed in 1970. The house is 1900 sq ft above grade and with 624 sq ft in an unfinished basement and a double garage of 460 sq ft. Accessible from the exterior is a living unit with one bedroom and one bathroom not included in the count above. Everything has been well maintained and is an open book for a new owner as it is in its original configuration. There is a total of 16 stalls on the property in numerous buildings, including a barn. Some irrigation is available from the South Boulder Canyon Ditch in a short season. Soils are sandy loams that slope to the Bull Head Creek running through the northwest corner of the property. Water pools in the creek and a healthy crawfish population has provided kids with hours of entertainment.
Sold for $1,510,000
$1,510,000
10231 Arapahoe Rd, Lafayette, CO 80026
5beds
2,525sqft
Mixed Use
Built in 1970
4.65 Acres Lot
$1,383,600 Zestimate®
$598/sqft
$4,071 Estimated rent
Home value
$1,383,600
$1.20M - $1.58M
$4,071/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: October 20, 2025 at 06:49pm
Listed by:
The KL Team 3034443177,
KL Realty
Bought with:
The KL Team
KL Realty
Source: IRES as distributed by MLS GRID,MLS#: 1005842
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
Primary bedroom
- Description: Hardwood
- Features: 3/4 Primary Bath
- Level: Upper
- Area: 273 Square Feet
- Dimensions: 13 x 21
Bedroom 2
- Description: Hardwood
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bedroom 3
- Description: Hardwood
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10 x 10
Bedroom 4
- Description: Hardwood
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10 x 10
Bedroom 5
- Description: Carpet
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12 x 14
Dining room
- Description: Hardwood
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11 x 12
Family room
- Description: Hardwood
- Level: Main
- Area: 231 Square Feet
- Dimensions: 11 x 21
Kitchen
- Description: Linoleum
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11 x 8
Laundry
- Description: Concrete
- Level: Basement
Living room
- Description: Hardwood
- Level: Main
- Area: 228 Square Feet
- Dimensions: 12 x 19
Heating
- Forced Air
Cooling
- Ceiling Fan(s), Attic Fan
Appliances
- Included: Electric Range, Washer, Dryer
- Laundry: Washer/Dryer Hookup
Features
- Eat-in Kitchen, Separate Dining Room, Two Primary Suites
- Flooring: Wood
- Basement: Full,Unfinished
- Has fireplace: Yes
- Fireplace features: Living Room, Bedroom
Interior area
- Total structure area: 2,525
- Total interior livable area: 2,525 sqft
- Finished area above ground: 1,901
- Finished area below ground: 624
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
- Details: Attached
Accessibility
- Accessibility features: Level Drive, Main Floor Bath, Accessible Bedroom
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Fencing: Partial,Wood,Wire
- Has view: Yes
- View description: Mountain(s), Hills, Plains View
- Waterfront features: Abuts Stream/Creek/River
Lot
- Size: 4.65 Acres
- Features: Evergreen Trees, Deciduous Trees, Abuts Farm Land, Unincorporated, Water Rights Included
Details
- Additional structures: Storage, Outbuilding
- Parcel number: R0036882
- Zoning: A
- Special conditions: Private Owner
- Other equipment: Satellite Dish
- Horses can be raised: Yes
- Horse amenities: Horse(s) Allowed
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Materials
- Frame, Brick
- Roof: Composition
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Electric: Xcel Energy
- Gas: Xcel Energy
- Sewer: Septic Tank
- Water: District
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Satellite Avail
Community & neighborhood
Location
- Region: Lafayette
- Subdivision: East County
HOA & financial
HOA
- Has HOA: Yes
- Association name: Arapahoe Water Users Assn
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2024 | Sold | $1,510,000+1%$598/sqft |
Source:  IRES as distributed by MLS GRID #1005842 Report a problem | ||
| 3/28/2024 | Pending sale | $1,495,000$592/sqft |
Source:  REcolorado as distributed by MLS GRID #IR1005842 Report a problem | ||
| 3/28/2024 | Listed for sale | $1,495,000$592/sqft |
Source: IRES as distributed by MLS GRID #1005842 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,104 +1.8% | $38,569 -18.4% |
| 2024 | $3,047 +46.2% | $47,238 -4.4% |
| 2023 | $2,084 -1.1% | $49,428 +63.8% |
Find assessor info on the county website
Neighborhood: 80026
Nearby schools
GreatSchools rating
- 7/10Lafayette Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 6/10Angevine Middle SchoolGrades: 6-8Distance: 2.2 mi
- 9/10Centaurus High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Lafayette
- Middle: Angevine
- High: Centaurus
Source: IRES as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,383,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,383,600
- Colorado
- Boulder County
- Lafayette
- 80026
- 10231 Arapahoe Rd