951 Vetch Circle, Lafayette CO
Offered at $737,000
Lafayette home with legal ADU - Live in one, rent the other!
"Hack" Your Housing Costs
Looking for a smart investment or multi-generational living option? This beautifully maintained home offers flexibility, freedom, and built-in monthly income. Featuring a fully permitted basement apartment with a private entrance, it’s ideal for house-hackers, families, or anyone looking to reduce their mortgage payment while enjoying the Colorado lifestyle.
Take advantage of a rare opportunity to enter the Lafayette real estate market—an established, high-demand area with strong fundamentals and a solid track record of long-term value growth.
Key Features (main unit)
- 2 bedrooms: Primary suite upstairs and 1 BR on main level
- Bathrooms: 2 full
- Square feet: 1343
- New: kitchen appliances, AC and interior paint
- Spacious yard with mature landscaping, perfect space for a garden
- 2 car garage and storage shed
Key Features (apartment)
- 1 bedroom with sitting area and egress window
- Bathrooms: 1 3/4 bath
- Square feet: 864
- New: kitchen appliances, paint and separate entrance
- Small private yard
- Offstreet parking
Why buyers love this home
- ✅ Live in one unit, rent the other – Ideal for offsetting your mortgage
- 🧑🤝🧑 Multi-generational living – Give parents, adult kids, or guests their own space
- 📈 Front Range growth – Lafayette is appreciating year over year
- 🛠️ Turnkey ADU – No permits or construction needed
- 🚶 Great location – Close to Boulder, Longmont, and trails
Financial Estimates
What If Your Home Helped Pay the Mortgage?
This home includes a fully legal 1-bed, 1-bath basement apartment with a private entrance—ideal for long-term tenants, in-laws, or even mid-term furnished rental. The apartment bedroom has ample space for a sitting area or possible small office and the apartment also includes a separate living room, kitchen, 3/4 path, separate laundry facilities and separate electrical sub panel. The furniture is included if desired.
Sample Financial Scenarios
Please note these are estimates only and the interest rates may vary. You can refer to this mortgage calculator to explore different scenarios or talk to your lender. There are possible additional financing options available as well. Contact Clare for details!
Monthly expenses (no buy down)
| SCENARIO | Rent out apartment | Rent out main level |
|---|---|---|
| PRICE | $737,000 | $737,000 |
| % DOWN | 20% | 20% |
| INTEREST RATE | 6.70% | 6.70% |
| MONTHLY P & I | $3,805.00 | $3,805.00 |
| PROPERTY TAXES | $270 | $270 |
| INSURANCE | $292 | $292 |
| RENTAL INCOME | $1,500 | $2,600 |
| NET MONTHLY COST | $2,867 | $1,767 |
Monthly expenses (with 1 point buy down)
| SCENARIO | Rent out apartment | Rent out main level |
|---|---|---|
| PRICE | $737,000 | $737,000 |
| % DOWN | 20% | 20% |
| INTEREST RATE | 6.45% | 6.45% |
| MONTHLY P & I | $3,707.00 | $3,707.00 |
| PROPERTY TAXES | $270 | $270 |
| INSURANCE | $292 | $292 |
| RENTAL INCOME | $1,500 | $2,600 |
| NET MONTHLY COST | $2,769 | $1,669 |
Lafayette, CO Growth Charts
About the Area
🌄 Discover Lafayette, Colorado
Tucked between Boulder and Erie, Lafayette offers a unique blend of small-town charm and big-time access to Colorado’s Front Range. Known for its walkable neighborhoods, vibrant downtown, and year-round community events, it’s a town where you can enjoy the good life—without the Boulder price tag.
🎨 What Makes Lafayette Special?
Old Town Lafayette – A vibrant arts district with shops, cafes, and galleries
Waneka Lake Park – Walking trails, paddle boats, birdwatching, and family picnics
Coal Creek Trail – 14 miles of scenic trail that connects to Louisville and beyond
Local Events – Art Night Out, Peach Festival, and the annual Oatmeal Festival
Farmers Markets – Locally grown produce, live music, and community vibes
Top-Rated Schools – Part of the Boulder Valley School District
Close to Everything –
• 15 min to Boulder
• 10 min to Louisville
• 30 min to Denver or DIA
🧘 A Town for Everyone
Whether you’re into hiking, biking, yoga, craft beer, or art, Lafayette has something for you. It’s a place where families thrive, entrepreneurs grow, and neighbors know each other.
This home puts you right in the heart of it — with all the benefits of income-generating potential from your legal ADU.
Contact
CLARE GLEASON
Senior Broker – SRES
The Boulder Agent Collective – EXP Realty