Forest Lake Properties For Sale (9 Real Estate Listings)

Sort by:
Active
22620 Hayward Avenue N, Forest Lake

$2,750,000 Forest Lake

↓ $140,000

22620 Hayward Avenue N, Forest Lake

6 Beds 6 Baths 1 Acres 9,641 SqFt Single Family MLS® # 6627124

22620 Hayward Avenue N, Forest Lake, MN – Luxury Waterfront Home with Stunning Sunsets & Private Retreat Experience the ultimate in lakeside living at this executive two-story, 6-bedroom, 6...

RE/MAX Advantage PlusRegional Multiple Listing Service of Minnesota Logo

Active
255 S Shore Drive, Forest Lake

$1,299,999 Forest Lake

255 S Shore Drive, Forest Lake

5 Beds 4 Baths 0 Acres 3,889 SqFt Single Family MLS® # 6654085

A rare find on highly sought-after 1st Lake in Forest Lake, this stunning heritage home is a true lakeside estate with a story to tell. Originally built in 1910, this timeless treasure was t...

eXp RealtyRegional Multiple Listing Service of Minnesota Logo

Pending
21058 Karoline Court N, Forest Lake

$965,000 Forest Lake

21058 Karoline Court N, Forest Lake

4 Beds 3 Baths 1 Acres 3,322 SqFt Single Family MLS® # 6634728

Unexpected relocation brings this beauty back to the market. Enjoy simplified lake living just 30 minutes from the Twin Cities. Beautiful main-level home with deeded access to Third Lake ( F...

RE/MAX Advantage PlusRegional Multiple Listing Service of Minnesota Logo

Active
7550 N Shore Circle N, Forest Lake

$789,900 Forest Lake

7550 N Shore Circle N, Forest Lake

4 Beds 2 Baths 0 Acres 2,352 SqFt Single Family MLS® # 6672147

Enjoy breathtaking Western panoramic views of sunsets and the 4th of July fireworks from your back deck in this meticulously maintained 2300+ fsf Two Story home with 60 feet of level lakesho...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
21951 Iden Avenue Circle N, Forest Lake

$750,000 Forest Lake

21951 Iden Avenue Circle N, Forest Lake

4 Beds 3 Baths 1 Acres 2,700 SqFt Single Family MLS® # 6617084

Welcome to lakeshore living at its finest on Forest Lake! This beautifully maintained home offers 70 feet of private channel lakeshore, perfect for easy water access without ever needing to ...

Keller Williams Classic RealtyRegional Multiple Listing Service of Minnesota Logo

Pending
22901 Hayward Avenue N, Forest Lake

$599,900 Forest Lake

22901 Hayward Avenue N, Forest Lake

4 Beds 2 Baths 2 Acres 3,008 SqFt Single Family MLS® # 6649572

You will want to check out this stately custom-built home located in the desirable Hayward Avenue neighborhood, situated on a stunning and functional lot of over 2 acres, half of which is wo...

RE/MAX SynergyRegional Multiple Listing Service of Minnesota Logo

Active
83 1st Street Se, Forest Lake

$574,900 Forest Lake

83 1st Street Se, Forest Lake

2 Beds 3 Baths 0 Acres 1,365 SqFt Condo MLS® # 6635590

Stunning lakefront end-unit townhome with unobstructed eastern views of 1st Lake in the heart of downtown Forest Lake. Fully renovated from top to bottom in 2022, this 2-bed, 3-bath home fea...

Engel & Volkers Minneapolis DowntownRegional Multiple Listing Service of Minnesota Logo

Active
8549 N Shore Trail N, Forest Lake

$550,000 Forest Lake

8549 N Shore Trail N, Forest Lake

2 Beds 1 Bath 1,032 SqFt Single Family MLS® # 6655755

This charming cottage on Forest Lake boasts a prime lakeshore location, offering 92 feet of south-facing lake frontage with a sandy beach! The open-concept layout maximizes the space, creati...

Keller Williams Select RealtyRegional Multiple Listing Service of Minnesota Logo

Active
309 N Shore Drive, Forest Lake

$449,995 Forest Lake

↓ $30,000

309 N Shore Drive, Forest Lake

3 Beds 2 Baths 0 Acres 1,087 SqFt Single Family MLS® # 6671413

Welcome to your dream waterfront retreat! This beautifully renovated property offers the perfect blend of modern luxury and serene lakeside living. Enjoy exclusive access to a shared dock, w...

RE/MAX SynergyRegional Multiple Listing Service of Minnesota Logo


As of March 19, 2025 there are 9 active Forest lake property listings for sale with an average listing price of $969,966. The highest-priced waterfront listing is $2,750,000, while the lowest priced waterfront listing can be purchased for $449,995. Forest lakeshore listings have an average price of $343 per square foot, based on listings with an average of 3.8 bedrooms, 2.9 bathrooms, and 3,155 square feet of living space.

Forest Lake Real Estate - Waterfront Homes & Lots For Sale

Forest Lake is a 2,251-acre lake located in the city of Forest Lake, Minnesota, which is located about 30 miles north of the Twin Cities. The lake is known for its recreational opportunities and natural beauty, making it a popular destination for residents and visitors alike. In this article, we will explore the history and characteristics of Forest Lake, as well as the real estate market surrounding the lake.

History and Characteristics of Forest Lake

Forest Lake was originally known as "Clearwater Lake" by the Native American Dakota tribe. The lake was an important source of fish for the tribe, and they often held ceremonies and gatherings on its shores. In 1825, the U.S. government established a treaty with the Dakota tribe that ceded the land around Forest Lake to the government.

The lake was renamed "Forest Lake" by early settlers in the area, who were impressed by the surrounding forest and the lake's clear waters. The lake has a maximum depth of 37 feet and is home to a variety of fish species, including walleye, northern pike, largemouth bass, and panfish.

Recreational Opportunities on Forest Lake

Owning real estate on Forest Lake offers a variety of recreational opportunities for residents and their visitors. The lake is popular for boating, fishing, and swimming. There are several public boat launches located around the lake, as well as a public beach on the lake's eastern shore.

The lake is also surrounded by several parks and trails, including the Hardwood Creek Regional Trail, which offers hiking and biking trails, picnic areas, and a playground. The lake is also home to the Forest Lake Sportsmen's Club, which provides opportunities for hunting, fishing, and conservation.

Real Estate Market on Forest Lake

The real estate market on Forest Lake is highly competitive, with waterfront homes on the lake often selling for well above the median home price in the area. As of April 2023, the median home value in Forest Lake, MN is $360,000, while the median home value on Forest Lake is $950,000.

Homes on Forest Lake range from small cottages to large, luxurious estates. Many of the homes on the lake feature private docks and panoramic views of the lake. The lake's proximity to the Twin Cities also makes it a popular destination for commuters looking to escape the hustle and bustle of the city.

Conclusion

Forest Lake is a beautiful lake located in the city of Forest Lake, Minnesota. The lake's rich history and natural beauty have made it a popular destination for residents and visitors alike. The real estate market on Forest Lake is highly competitive, with homes on the lake often selling for well above the median home price in the area. Whether you're looking for a place to call home or just a place to relax and enjoy the great outdoors, Forest Lake is definitely worth a visit.

Contact Us

Provide a valid email address.
Newsletter consent