Forest Lake, MN Homes for Sale under $400,000

/6
$357,990 New Construction
- 3 Beds
- 2.5 Baths
- 1,714 Sq Ft
Raleigh Plan at Shadow Creek Estates, Columbus, MN 55025

This new two-story townhome design combines comfort and convenience with a double-height foyer to welcome residents and guests into the home. Down the hall is a Great Room for shared moments, a dining room for memorable meals and a modern kitchen for adventurous cooks. Through sliding glass doors is a patio to provide serene outdoor moments. The upper level is occupied by three restful bedrooms,

Lennar Builder

0 Goodview Ave Unit 36037075, Columbus, MN 55025
Explore Forest Lake
/24
$360,990 New Construction
- 3 Beds
- 2.5 Baths
- 1,772 Sq Ft
St Clair Plan at Shadow Creek Estates, Columbus, MN 55025

This elegant new two-story townhome grants plenty of space to grow and entertain. The first floor features an open design among a Great Room for get-togethers, a dining room for meals of every occasion and a kitchen for inspired cooking. Upstairs, two secondary bedrooms and the owner’s suite with a private full-sized bathroom provide personal retreats for family members. Completing the home is a

Lennar Builder

0 Goodview Ave Unit 36037076, Columbus, MN 55025
/20
$391,080 New Construction
- 3 Beds
- 2 Baths
- 1,780 Sq Ft
6219 205th St N, Forest Lake, MN 55025

This elegant new two-story townhome grants plenty of space to grow and entertain. The first floor features an open design among a Great Room with an electric fireplace for get-togethers, a dining room for meals of every occasion, and a spacious kitchen for inspired cooking. Just past the kitchen are glass sliding doors leading to a patio for outdoor living and dining. Upstairs, two secondary

Lennar Builder

6219 205th St N, Forest Lake, MN 55025
/2
$346,980 New Construction
- 3 Beds
- 2 Baths
- 1,714 Sq Ft
6225 205th St N, Forest Lake, MN 55025

This new two-story end-unit townhome combines comfort and convenience with a double-height foyer to welcome residents and guests into the home. Down the hall is a Great Room with an electric fireplace for shared moments, a dining room for memorable meals, and a modern kitchen for adventurous cooks. Through sliding glass doors is a patio to provide serene outdoor moments. The upper level is

Lennar Builder

6225 205th St N, Forest Lake, MN 55025
/36
$344,900
- 4 Beds
- 2 Baths
- 2,130 Sq Ft
208 3rd St NW, Forest Lake, MN 55025

Great 4 bedroom rambler on large corner lot with fully fenced yard. Main level features 3 bedrooms, full bathroom, living room, mudroom, kitchen and dining area that walks out to rear patio. Lower level features large open area that could be used for many things - rec room, family room, work out room, office, ect. Lower level also features a 4th bedroom, another full bathroom, large mechanical

Sarah Nell Johnson National Realty Guild

208 3rd St NW, Forest Lake, MN 55025
$329,030 New Construction
- 3 Beds
- 2 Baths
- 1,517 Sq Ft
6231 205th St N, Forest Lake, MN 55025

Welcome to Shadow Creek Estates in Forest Lake! This 3-bedroom, 2.5-bath townhome is currently under construction and set for completion in January! The open-concept main level features a spacious dining area and a cozy family room with an electric fireplace, perfect for relaxing or entertaining. The kitchen shines with stainless steel appliances, a center island, and easy access to the back

Lennar Builder

6231 205th St N, Forest Lake, MN 55025
/21
$319,000
- 3 Beds
- 1.5 Baths
- 1,403 Sq Ft
879 17th St SE, Forest Lake, MN 55025

Updated Split-Level 3-Bed, 2-Bath Home Just One Block from Lake Access This beautifully updated split-level home offers 3 bedrooms, 2 full bathrooms, and a bright, functional layout—perfect for both everyday living and weekend escapes. Located in a quiet neighborhood just one block from lake access, it’s ideal for anyone who enjoys the outdoors. Inside, you’ll find an updated kitchen with modern

Christopher Stjernholm Trelora Realty, Inc

879 17th St SE, Forest Lake, MN 55025
/25
$399,999
- Land
- 10 Acres
- $40,000 per Acre
XXX Fenway Ave N, Forest Lake, MN 55025

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
/25
$386,745 New Construction
- 3 Beds
- 2.5 Baths
- 1,772 Sq Ft
6292 205th St N, Forest Lake, MN 55025

Welcome to the St. Clair model, an end-unit townhome in the sought-after Shadow Creek Estates community! This elegant two-story design offers modern living with plenty of natural light and an open-concept layout. The main level features a spacious Great Room with an electric fireplace, a bright dining area, and a stylish kitchen with quartz countertops, stainless steel appliances, and generous

Kaylee Schultz Lennar Sales Corp

6292 205th St N, Forest Lake, MN 55025
/28
$349,900
- 5 Beds
- 3 Baths
- 3,276 Sq Ft
22325 Cameo Ct, Forest Lake, MN 55025

Welcome to this beautifully remodeled 5-bedroom, 3-bathroom end unit townhome with brand new stainless steel appliances. Over 2400 sq ft of versatile living space. Located in the convenient and desirable Forest Lake neighborhood. Downstairs offers two bedrooms and family room with a fireplace and a wet bar. This lower level can be easily divided to suit your needs.

Michael Muske RE/MAX Synergy

22325 Cameo Ct, Forest Lake, MN 55025
/16
$400,000 Open Sun 12PM - 2PM
- 3 Beds
- 2 Baths
- 1,636 Sq Ft
23030 Henna Ave N, Forest Lake, MN 55025

Welcome to this well maintained home in a quiet Forest Lake neighborhood just blocks from a public boat launch. Enjoy easy access to the lake while still being close to town amenities.Inside, the home features Acacia wood floors, Pella windows with UV protection, updated lighting and ceiling fans, and several interior doors replaced with six-panel designs. The layout offers comfortable living

Joe Schwartzbauer Real Broker, LLC

23030 Henna Ave N, Forest Lake, MN 55025
/17
$400,000
- 2 Beds
- 2 Baths
- 1,281 Sq Ft
20375 Granada Ave N, Forest Lake, MN 55025

Here it is! Easy living on one level AND an oversized 2 car garage! This charming, detached townhome sits on a corner lot and offers comfort, convenience, and space. Enjoy an open layout with vaulted ceilings, a cozy gas fireplace, and a maintenance-free deck. This well-maintained home features 2 bedrooms and 2 bathrooms, including ADA-accessible doors and showers. The spacious kitchen offers

Tawny Bednarchuk Keller Williams Classic Realty

20375 Granada Ave N, Forest Lake, MN 55025
/4
$345,990 New Construction
- 3 Beds
- 2.5 Baths
- 1,517 Sq Ft
Dakota Plan at Shadow Creek Estates, Columbus, MN 55025

This new two-story townhome offers ample room to live and grow. The first floor is host to an inviting open-concept layout that blends the kitchen, living and dining areas, with a nearby patio offering seamless outdoor living and leisure. All three bedrooms are located on the second floor, including the lavish owner’s suite with a full bathroom and walk-in closet.

Lennar Builder

0 Goodview Ave Unit 36037077, Columbus, MN 55025
/40
$384,900
- 4 Beds
- 2 Baths
- 2,080 Sq Ft
7661 208th St N, Forest Lake, MN 55025

Step into this beautiful Forest Lake home ready to move in and enjoy. From the moment you arrive, the updates are easy to see and feel — offering comfort, style, and peace of mind. Inside, the home features new interior paint throughout, creating a bright, clean backdrop that makes every space feel welcoming. Polished flooring, updated fixtures, adds a modern touch while remaining practical for

Casey Spanish Bridge Realty, LLC

7661 208th St N, Forest Lake, MN 55025

Minnesota Washington County Forest Lake

Home Trends in Forest Lake, MN

On average, homes in Forest Lake, MN sell after 43 days on the market compared to the national average of 53 days. The median sale price for homes in Forest Lake, MN over the last 12 months is $429,900, up 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$429,900

Median Single Family Sale Price

$459,950

Median Townhouse Sale Price

$279,500

Average Price Per Sq Ft

$219

Number of Homes for Sale

Last 12 months Home Sales

320

Months of Supply

1.90

Median List Price

$429,900

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

Explore the array of homes and houses for sale under $400,000 in Forest Lake, where you'll find 14 options tailored for those seeking affordable real estate opportunities. Whether you're interested in spacious family homes, modern townhouses, or cozy bungalows, Forest Lake offers a diverse range of choices to match your needs and financial considerations. Take advantage of these affordably-priced properties to make your move into the real estate market in Forest Lake, MN.

Forest Lake Types of Homes for Sale

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