$350,000
- 2 Beds
- 2.5 Baths
- 1,780 Sq Ft
1201 Yale Place Unit 403, Minneapolis, MN 55403
Barbara Brin
Coldwell Banker Realty - Lakes
(612) 446-0385
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Forest Lake, MN, is a small community located in northwestern Washington County, named after the 2,300-acre lake at its center. Known for its water-oriented lifestyle, Forest Lake offers residents a small-town feel with amenities typically found in larger communities. The area boasts 23 parks and 12 miles of paved bike paths, with Lakeside Park providing beach access, a boat dock, and scenic views. Tower Park features outdoor ice rinks and connects to the Hardwood Creek Regional Trail. The community experiences all four seasons, including hot summers and cold winters with an average of 54 inches of snowfall annually. Forest Lake is home to over 20,000 residents, with top employers like the Forest Lake Public School District. The schools in Forest Lake are highly rated, contributing to the area's appeal for families. The annual Fourth of July Celebration at Lakeside Park is a major event, featuring live music, a parade, and fireworks. Shopping is centered along Broadway Avenue, with name-brand stores like Walmart, Cub Foods, and Aldi, as well as local boutiques and eateries. The city is undergoing redevelopment to expand the downtown area and attract new businesses. Forest Lake is safer than the national average, with lower violent crime rates reported. For commuters, Minneapolis and Saint Paul are less than 30 miles away via Interstate-35, and the Minneapolis-Saint Paul International Airport is 30 miles away. Homes in Forest Lake range from affordable twin-style houses to expansive lakefront estates, reflecting the area's growing market and development.
On average, homes in Forest Lake, MN sell after 43 days on the market compared to the national average of 57 days. The median sale price for homes in Forest Lake, MN over the last 12 months is $424,900, up 3% from the median home sale price over the previous 12 months.