Have you tried it without the ":2032"?  Rather than guess at the URL, if you are using VS, right click on the default.aspx file in the explorer and choose "View in Browser".  This will spawn IE and serve the page (normally - if you're set up the default manner in VS). 

You might also look at setting it up as a local IIS site - it works either way, but then you can adjust the IIS settings if needed for other reasons. 

I'd try this first (after ensuring all IIS services are running in Services Control Panel):

1. setup a basic HTML page on your default website on the local machine (to test IIS)
1. in IIS - make sure the web is started
2. right click on the HTML page and select view in browser
3. if it displays OK - go on to step 2 if not you have to figure out what's wrong with IIS
2. Download and install a fresh DNN install from www.dotnetnuke.com - with teh same version as your site.
1. use the Install.ZIP or starter kit.zip (better chioce since you want to use VS)
2. get that working first
3. Copy your real site files over the new install
1. Make a copy of your web.config file first somewhere else
2. copy all files over
3. paste your new install version of web.config back into the site folder
4. Attach the real site's DB file to SQL Server and configure it
1. Make sure you have the correct user as a login in your SQL server
2. Attach the real db file to teh SQL server
3. adjust login info if needed
4. modufy your web.config file to change the connection strings to match the DB adn login info
5. go to the portalalias table and change the alias to teh local install's (refer to the fresh install's info)

From there it should work - let me know if you get errors still.