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232 Arapahoe Road, South Fork, CO, 81154

3beds
2baths
1,158sqft
$165,000
$142price/sqft
$1,183/moest. monthly cost
$47,320/yrincome needed

About This Home

Affordable Homeownership with Seller Financing Available! 3 bed, 2 bath home with incredible mountain views from the deck, perfect for enjoying Colorado’s natural beauty. Ideally located close to town while offering easy access to hiking, fishing, hunting, and year-round outdoor recreation. Great opportunity for homeowners or investors—ideal for short- or long-term rental use. Home does need some TLC, offering strong potential to add value. Additional space on the left side provides room to add a garage or shop. Views, location, and outdoor lifestyle—don’t miss this opportunity!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

5/10
6/10
Del Norte Jr/Sr High SchoolGrades 7-1213.2 mi

Construction

Condition

  • Year built: 1988

Materials

  • Foundation: Skirted
  • Roof: Metal

Type & Style

  • Home type: SingleFamily
  • Property subType: Modular

Interior

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total structure area: 1,158
  • Total interior livable area: 1,158 sqft

Property

Details

  • Parcel number: 1930319033
  • Zoning description: Residential Single Family

Features

  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 0.30 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Landslide
    LandslideRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Avalanche
    AvalancheModerate
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Landslide
Winter Weather
Avalanche
Cold Wave
Drought
Wildfire

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $834$10,008
Home Insurance *$103$1,236
Property Taxes $60$720
Electricity $186$2,232
Total$1,183$14,196
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$40,560/yr
40% on housing$35,490/yr
45% on housing$31,546/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.9%
14.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$142This listing

vs Other Active Listings

Avg $/sqft

ZIP 81154$216
Rio Grande County$161

vs Homes Sold Last Month

Median $/sqft

ZIP 81154
Rio Grande County$286

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-07Price change$165,000
2026-03-22Listed for sale$175,000
2026-01-04Listing removed$179,900
2025-12-05Price change$179,900
2025-08-27Price change$195,000
2025-06-17Price change$225,000
2025-05-05Listed for sale$245,000

For Sale by Agent

AgentBrooke Core
BrokerageLPT Realty, LLC

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