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New Construction Homes in Forest Lake, MN

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  • /12

    Shadow Creek Estates Community

    $314,544 - $354,689

    Forest Lake, MN 55025

    • 3 Beds
    • 1,517+ Sq Ft

    Shadow Creek Estates is a community of new townhomes for sale at a prime location in Forest Lake, MN. Forest Lake offers a charming small-town feel with a well-regarded school district, numerous parks, lakes and recreational activities. Residents are less than five miles northwest of Target, Walmart, Aldi, a handful of restaurants and retail spaces for everyday conveniences. Easy access to

    Lennar Builder
    Shadow Creek Estates
  • /13

    $218,000 Lot/Land

    TBD Elmcrest Ave N, Forest Lake, MN 55025

    • 5.3 Acres
    • $41,132 per Acre

    Discover the perfect place to build your dream home on this beautiful lot located in the peaceful community of North Forest Lake. Tucked away on a quiet street, this property offers a rare combination of natural beauty, privacy, and convenient access to all the amenities Forest Lake has to offer. This spacious parcel provides an excellent opportunity for custom home construction, whether you

    Agent Photo

    Dana Mol

    Coldwell Banker Realty

    TBD Elmcrest Ave N, Forest Lake, MN 55025
  • /14

    $1,000,000 Custom Home

    1775 9th Ave SE, Forest Lake, MN 55025

    • 4 Beds
    • 3 Baths
    • 3,300 Sq Ft

    Welcome to this stunning custom-built modern home, just a short walk to Forest Lake, where you'll enjoy exceptional lake views, nearby trails, parks, restaurants, and all the charm the area has to offer. This "claustrophobic dream house, it's one of a kind" features soaring ceilings, expansive windows, and an open-concept design that fills the home with natural light. The gourmet kitchen boasts

    Hongkong Vang Partners Realty Inc.

    1775 9th Ave SE, Forest Lake, MN 55025
  • /34

    $389,900 Townhome

    6254 209th St N, Forest Lake, MN 55025

    • 2 Beds
    • 2 Baths
    • 1,402 Sq Ft

    Beautiful home in Ivy Estates. Single level living. 3 remaining lots available. Small association to maintain the lawn care and snow removal.

    Tony Janu Century Real Estate Team

    6254 209th St N, Forest Lake, MN 55025
  • /5

    $92,500 Lot/Land

    954 15th Ave SE, Forest Lake, MN 55025

    • 15,246 Sq Ft
    • $264,286 per Acre

    This beautiful lot (80X195 feet) is located in a wonderful Forest Lake neighborhood. Less than one block away from a park, with schools close by and minutes from downtown Forest Lake for shopping and restaurants this location is sure to impress. Choose your own builder to build the home of your dreams with already has mature trees.

    Cassie Verch ERA Prospera Real Estate

    954 15th Ave SE, Forest Lake, MN 55025
  • /16

    $769,000 Lot/Land

    XXX Iverson Ave N, Forest Lake, MN 55025

    • 14.54 Acres
    • $52,889 per Acre

    Own nearly fifteen acres on the shores of Forest Lake and give every future homeowner a place on thewater. The land naturally lays out for one generous lake-front homesite with about ninety feet ofshoreline, plus two wooded upland sites on paved Iverson Avenue. The two non lake front home sites couldinclude deeded lake access with a dedicated dock slip, so every household enjoys

    Rick Clark Bridge Realty, LLC

    XXX Iverson Ave N, Forest Lake, MN 55025
  • /25

    $399,999 Lot/Land

    XXX Fenway Ave N, Forest Lake, MN 55025

    • 10 Acres
    • $40,000 per Acre

    Great single Family Lot on Tanners Brook Golf Course or Development Opportunity!! 10 Acres located on the NW corner of Tanners Brook Golf Course now available! Build your dream home on the picturesque single family lot with pole barn or invest into a growing community development. Development plans available upon request. Zoned multi-family up to 6 lots per acre, row-homes, detached villas.

    Andy Persby Edina Realty, Inc.

    XXX Fenway Ave N, Forest Lake, MN 55025
  • /8

    $305,000 Lot/Land

    TBD Jason Ave, Forest Lake, MN 55025

    • 30,927 Sq Ft
    • $429,577 per Acre

    Don't miss this exceptional chance to own one of the last buildable lots on beautiful Forest Lake! This property offers the perfect setting to build your dream home or weekend getaway, surrounded by the natural beauty and peaceful atmosphere that make lake living so desirable.As an added bonus, the sale includes a separate side lot—ideal for constructing a detached garage, storage building,

    Justin Pahl Bridge Realty, LLC

    TBD Jason Ave, Forest Lake, MN 55025
  • /22

    $1,500,000 Lot/Land

    14925 Hornsby St NE, Forest Lake, MN 55025

    • 20.47 Acres
    • $73,278 per Acre

    Please note: pole building & smaller garages have been removed from the property. Perfect commercial build site. Water/Sewer at the road with natural gas on site. 20.47 Acres with highvisibility and easy access. Building are being removed from the site. Outside storage is allowed at 150% of building size. I.E. if you build a 50,000 SF building you are allowed 75,000 SF of outside storage

    David Meyer RE/MAX Advantage Plus

    14925 Hornsby St NE, Forest Lake, MN 55025
  • /9

    $131,500 Lot/Land

    33x 4th Ave NW, Forest Lake, MN 55025

    • 16,988 Sq Ft
    • $337,179 per Acre

    BRING YOUR OWN BUILDER! This lot is 1 of 4 newly created, Prime lots located in a long-established neighborhood in the City of Forest Lake. This lot is Parcel A-5 as shown on the survey. All high ground, lightly treed with mature trees, and a convenient location close to downtown, the Hardwood Creek Trail, and access to I-35.

    Steve Hursh LaBelle Real Estate Group Inc

    33x 4th Ave NW, Forest Lake, MN 55025
  • /9

    $138,500 Lot/Land

    34x 3rd Ave SW, Forest Lake, MN 55025

    • 18,295 Sq Ft
    • $329,762 per Acre

    BRING YOUR OWN BUILDER! This lot is 1 of 4 newly created, Prime lots located in a long-established neighborhood in the City of Forest Lake. The 4 lots were created from a larger parcel that has been owned by the same family for decades. This lot is Parcel A-4 as shown on the survey. All high ground, lightly treed with mature oaks and spruce, and a convenient location close to downtown, the

    Steve Hursh LaBelle Real Estate Group Inc

    34x 3rd Ave SW, Forest Lake, MN 55025
  • /2

    $182,500 Lot/Land

    16451 Forest Blvd N, Hugo, MN 55025

    • 4.09 Acres
    • $44,621 per Acre

    Per the City of Hugo this parcel is classified as Future Urban Service. No city water or city sewer is currently available to the site.

    Jim Walker Coldwell Banker Realty

    16451 Forest Blvd N, Hugo, MN 55025
  • /12

    $219,900 Lot/Land

    XXXX Imperial Ave, Forest Lake, MN 55025

    • 6.4 Acres
    • $34,359 per Acre

    THIS IS THE LAST OF THE 3 LOTS REMAINING. Rare opportunity to buy OPEN BUILDER acreage in Forest Lake. Just minutes to town, close to lake and freeway access. Beautiful rolling scenic build sites ready for your dream home! 3 lots will share a driveway off of Imperial ave.

    Bob Muske RE/MAX Synergy

    XXXX Imperial Ave, Forest Lake, MN 55025
  • /9

    $125,000 Lot/Land

    134 Lake St N, Forest Lake, MN 55025

    • 6,969 Sq Ft
    • $781,250 per Acre

    Incredible Visibility and Access in Downtown Forest Lake. Great for Office or Retail uses. MU-1 Zoning District.

    Eric Katz Keller Williams Premier Realty

    134 Lake St N, Forest Lake, MN 55025
  • /19

    $189,900 Lot/Land

    TBD Karoline Ct N, Forest Lake, MN 55025

    • 36,154 Sq Ft
    • $228,795 per Acre

    **OPEN BUILDER:** WOODED WALKOUT LAKEVIEW LOT in Forest Hills Farm - and it's the LAST ONE! Come build your dream home in the highly sought-after lakeshore community of Forest Hills Farm. Residents can enjoy beautiful walking paths and an exceptional lakeside common area where you can swim, fish, or simply relax by the fire on warm summer nights. Please note that this lot does NOT include a boat

    Bob Muske RE/MAX Synergy

    TBD Karoline Ct N, Forest Lake, MN 55025
  • /8

    $64,900 Lot/Land

    TBD 9th St SW, Forest Lake, MN 55025

    • 14,810 Sq Ft
    • $190,882 per Acre

    Final price drop! Exceptional value in today's market! Ready to build. Conditions completed... Financial bill-back agreement. Certificate of survey showing existing and proposed conditions. A soil test demonstrating the suitability for a structure. Evidence of ownership of the property or interest in the property and any existing deed restrictions. Plat requirements. Temporary staking of lot

    Daniel Hendrickson Hendrickson Home Team LLC

    TBD 9th St SW, Forest Lake, MN 55025
  • /24

    $699,000 Lot/Land

    TBD Forest Blvd N, Columbus, MN 55025

    • 3.02 Acres
    • $231,457 per Acre

    Great business opportunity! Great location! 34,200 vehicles pass the intersection of Hwy 8 and Hwy 61 every day! 3+ acres of land on the northeast corner of the intersection of Hwy 61 and Hwy 8 great visibility, access and traffic flow. Zoned B3---permitted uses: Restaurant, C-store/ Service Station, Retail, Office/ Medical, Taproom/ Distiller, and others or Light Industrial, Storage Units. Hwy 8

    Mike Wiltse Timber Ghost Realty, LLC

    TBD Forest Blvd N, Columbus, MN 55025
  • /3

    $275,000 Lot/Land

    932 W Broadway Ave, Forest Lake, MN 55025

    • 19,602 Sq Ft
    • $611,111 per Acre

    The last undeveloped lot on Broadway!!!! B-2 Highway business dist! Amazing opportunity to own a high visibility piece of ground right in the heart of Forest Lake's business district. Located on the heavily traveled West Broadway corridor, a thriving business is in the forecast with this location. Many uses would work great here. Coffee shop, restaurant, general business the list goes on and on.

    Bob Muske RE/MAX Synergy

    932 W Broadway Ave, Forest Lake, MN 55025
  • /9

    $96,000 Lot/Land

    3xx 3rd St NW, Forest Lake, MN 55025

    • 12,632 Sq Ft
    • $331,034 per Acre

    BRING YOUR OWN BUILDER! This lot is 1 of 4 newly created, Prime lots located in a long-established neighborhood in the City of Forest Lake. The 4 lots were created from a larger parcel that has been owned by the same family for decades. This Lot is Parcel A-3 as shown on the Survey, entirely high ground with a nice mix of mature trees, a convenient location close to downtown, the Hardwood Creek

    Steve Hursh LaBelle Real Estate Group Inc

    3xx 3rd St NW, Forest Lake, MN 55025
  • /7

    $1,995,000 Lot/Land

    9613 145th Ave NE, Forest Lake, MN 55025

    • 34.62 Acres
    • $57,626 per Acre

    34+ acres prime development land for industrial / light manufacturing / office in Columbus just off Hwy 35E. House on property can be removed. City water/sewer at road.

    Scott Kragness Metro East Commercial Real Estate

    9613 145th Ave NE, Forest Lake, MN 55025
  • /23

    $3,300,000 Lot/Land

    8xxx 200th St, Forest Lake, MN 55025

    • 348.19 Acres
    • $9,478 per Acre

    Introducing one of the most exceptional land offerings in the Twin Cities metro area! Approximately 349 acres of rolling countryside in Forest Lake, Minnesota, where opportunity, privacy, and natural beauty converge. This unique property offers a rare combination of development potential, investment value, and recreational appeal. Preliminary planning and approvals support the potential

    Kristin Smith Edina Realty, Inc.

    8xxx 200th St, Forest Lake, MN 55025
  • /30

    $750,000 Lot/Land

    XXX Scandia Trail N, Forest Lake, MN 55025

    • 29.5 Acres
    • $25,424 per Acre

    Spanning 29.5 acres of raw land, this unique property offers a mix of rolling hills, mature trees, andlowland terrain—perfect for those seeking privacy, recreation, or future development potential. Open toany builder, with the city willing to review development plans, this site provides exceptionalflexibility and opportunity. Conveniently and centrally located in town, you’ll enjoy

    Tracy Shalander LPT Realty, LLC

    XXX Scandia Trail N, Forest Lake, MN 55025
  • /20

    $975,000 Lot/Land

    19680 Keystone Ave N, Columbus, MN 55025

    • 97.59 Acres
    • $9,991 per Acre

    Rare opportunity to own 97.59 acres of prime countryside in Forest Lake, Minnesota. This impressive property features nearly all high ground with picturesque rolling topography and an outstanding blend of productive farmland and recreational acreage. Approximately 50± acres are currently in production, generating income from corn and soybean crops, while the remaining acreage showcases a

    Mark Nelson Timber Ghost Realty, LLC

    19680 Keystone Ave N, Columbus, MN 55025

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Forest Lake, MN usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Forest Lake, MN hold their value?
Yes, especially in fast-growing areas of Forest Lake, MN. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

New Construction Home Trends

Average New Home Price (12 Mo)
$366,733
Median Detached New Home Price
$336,323
New Construction Homes Planned
46
Median 3 Bedroom New Home Price
$336,323
Average New Home Price Per Sq Ft
$202
New Home Communities
0

Popular Homebuilders in Forest Lake, MN

There are 1 homebuilders developing in new home communities in Forest Lake, MN.

Builder Communities Average List Price
Lennar 1 $334,616
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