48

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

Section Image Section Image Section Image
  • /13

    $218,000

    $7K PRICE DROP
    • Land
    • 5.3 Acres
    • $41,132 per Acre

    TBD Elmcrest Ave N, Forest Lake, MN 55025

    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
  • /21

    $348,990

    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
  • /24

    $351,990

    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
  • /17

    $348,930

    New Construction
    • 3 Beds
    • 2 Baths
    • 1,517 Sq Ft

    6197 205th St N, Forest Lake, 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
    6197 205th St N, Forest Lake, MN 55025
  • /35

    $390,000

    • 3 Beds
    • 2 Baths
    • 1,776 Sq Ft

    9358 170th Ave NE, Forest Lake, MN 55025

    Welcome to this 3 bedroom, 2 bathroom split-entry situated on 2.2 acres with a huge 34x26 detached garage & workshop. You'll feel "up north" yet still close to the metro! Upper level features an updated eat-in kitchen with new SS appliances & cabinets. Plus full bath, modern paint colors, living room & 2 upper bedrooms with gleaming hardwood floors. The walkout lower level is country-rustic style

    Sandra Erickson RE/MAX Results

    9358 170th Ave NE, Forest Lake, MN 55025
  • /30

    $239,900

    • 2 Beds
    • 1.5 Baths
    • 1,490 Sq Ft

    21172 S Morgan Dr, Forest Lake, MN 55025

    Welcome to 21172 S. Morgan Dr.! This meticulously maintained and thoughtfully updated townhome is sure to impress. The main level features luxury vinyl plank flooring (2024), a sun-filled living room with a cozy gas fireplace, a dining area with sliding glass doors leading to a private patio, a well-appointed kitchen, and a convenient powder bath. Upstairs, you'll find two generously sized

    Rachel Scarrella Edina Realty, Inc.

    21172 S Morgan Dr, Forest Lake, MN 55025
  • /30

    $349,000

    $6K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,755 Sq Ft

    21306 Heath Ave N, Forest Lake, MN 55025

    Welcome to this wonderful home at 21306 Heath Avenue N in Forest Lake, perfectly situated on a spacious corner lot. This well-maintained property offers a great combination of comfort, functionality, and outdoor space. The upper level features a bright and inviting living room, a dining area, and a well-appointed kitchen—ideal for both everyday living and entertaining. The dining room opens

    Daniel Gaida Ashworth Real Estate

    21306 Heath Ave N, 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
  • /60

    $399,900

    • 3 Beds
    • 1 Bath
    • 1,180 Sq Ft

    15225 Quinalt St NE, Forest Lake, MN 55025

    Joshua Leonhardt Coldwell Banker Realty

    15225 Quinalt St NE, Forest Lake, MN 55025
  • /15

    $389,000

    • 3 Beds
    • 2 Baths
    • 1,636 Sq Ft

    23030 Henna Ave N, Forest Lake, MN 55025

    New Photos coming soon! Welcome to this beautifully maintained home nestled in a peaceful Forest Lake neighborhood, just blocks from a public boat launch for easy access to the lake and outdoor recreation. Back on the market after a few recent touch-ups and improvements, this move-in-ready home is now vacant and easy to show. Inside, you'll find warm Acacia hardwood floors, Pella windows with UV

    Arturo Salgado Real Broker, LLC

    23030 Henna Ave N, Forest Lake, MN 55025
  • /8

    $305,000

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

    TBD Jason Ave, Forest Lake, MN 55025

    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
  • /19

    $249,900

    • 3 Beds
    • 2 Baths
    • 1,414 Sq Ft

    6362 207th St N, Forest Lake, MN 55025

    Welcome home! This end unit townhome is the largest floor plan in the development and features three bedrooms, two full bathrooms, and a two car attached garage that is already wired for a heater. Highlights include updated plank flooring, carpeting, kitchen appliances, washer and dryer and a private deck. The oversized main level bedroom with walkout patio functions as a multi-purpose space and

    Dustin Marmon LPT Realty, LLC

    6362 207th St N, Forest Lake, MN 55025
  • /14

    $280,000

    $5K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,510 Sq Ft

    5007 207th St N, Forest Lake, MN 55025

    Welcome home to this beautifully maintained 3-bedroom, 2-bath end-unit townhome in one of Forest Lake's most convenient locations. Offering scenic views of a nearby wetland pond, this home combines comfort, natural light, and low-maintenance living. Start your day with coffee on the inviting front porch or relax on the private side patio while enjoying peaceful pond and wetland views. The

    Sheryl Kammerer Edina Realty, Inc.

    5007 207th St N, Forest Lake, MN 55025
  • /37

    $299,999

    • 3 Beds
    • 2 Baths
    • 1,480 Sq Ft

    68 6th St NW, Forest Lake, MN 55025

    Welcome home! This beautifully rehabbed 3-bedroom, single-story home offers easy one-level living, with all living areas and all three bedrooms on the same floor — including a primary bedroom with a private bath. Extensively updated within the last 3 years, featuring hardwood flooring, quartz countertops, soft-close cabinets, and modern finishes throughout. Ideally located just minutes from

    Bill Bergeson RE/MAX Synergy

    68 6th St NW, Forest Lake, MN 55025
  • /9

    $131,500

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

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

    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
  • /27

    $285,000

    $15K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,786 Sq Ft

    1214 Island Dr, Forest Lake, MN 55025

    BACK UP OFFERS WILL BE ACCEPTED. IF A BACK UP OFFER IS SUBMITTED THAT IS CONSIDERED, A 48 HOUR NOTIFICATION PERIOD IS IN PLACE FOR THE CURRENT OFFER. Welcome to this well maintained and thoughtfully updated townhome offering comfort, space, and convenience in a quiet, private setting. Nestled near beautiful Clear Lake, this home provides the perfect blend of peaceful living with easy access to

    Danielle Swift ABC Realty, LLC

    1214 Island Dr, Forest Lake, MN 55025
  • /9

    $138,500

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

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

    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

    • Land
    • 4.09 Acres
    • $44,621 per Acre

    16451 Forest Blvd N, Hugo, MN 55025

    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
  • /21

    $225,000

    $8K PRICE DROP
    • 2 Beds
    • 1.5 Baths
    • 1,364 Sq Ft

    21157 S Clydesdale Curve, Forest Lake, MN 55025

    Nestled in the heart of Forest Lake and just a short walk from Forest Lake High School, this charming 2 bedroom, 2 bathroom townhome offers an easy, comfortable lifestyle in a great location. Thoughtfully designed and move-in ready, the home features a bright, functional layout with spacious room sizes throughout. The generously sized living room is the perfect place to relax or gather with

    Jamie Rooney eXp Realty

    21157 S Clydesdale Curve, Forest Lake, MN 55025
  • /35

    $399,000

    • 3 Beds
    • 2.5 Baths
    • 1,705 Sq Ft

    22294 Lilac Way, Forest Lake, MN 55025

    This two story slab on grade construction townhome was built in 2022 and offers open and spacious living with attention to detail. Enjoy the quiet and peaceful setting on the west end of the Gateway Green development with a park, pond, and green space. Built by C&E Wurzer Builders this quad-style unit has quality craftsmanship and design features that allow for tons of natural sunlight. Main

    Nathan Opatz Apartment Cash Flow, Inc.

    22294 Lilac Way, Forest Lake, MN 55025
  • /12

    $219,900

    • Land
    • 6.4 Acres
    • $34,359 per Acre

    XXXX Imperial Ave, Forest Lake, MN 55025

    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

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

    134 Lake St N, Forest Lake, MN 55025

    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

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

    TBD Karoline Ct N, Forest Lake, MN 55025

    **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
  • /34

    $249,900

    $18K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,486 Sq Ft

    21213 N Morgan Dr, Forest Lake, MN 55025

    SUPER CLEAN & MOVE-IN READY!Welcome home to this sunny and bright 3-bedroom, 3-bath townhome in a fantastic Forest Lake location. This home truly shines inside and out! Enjoy peace of mind with major exterior improvements already completed, including a new roof and siding in 2024. Recent updates completed in 2026 include a brand new washer and dryer, brand new range installation, freshly

    Matthew Danielson Choice Realty

    21213 N Morgan Dr, Forest Lake, MN 55025
  • /29

    $374,500

    $21K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,768 Sq Ft

    23895 Granada Ave N, Forest Lake, MN 55025

    Welcome to this beautifully maintained 4-bedroom, 3-bathroom home in a desirable Forest Lake neighborhood! Freshly painted and move-in ready, this home offers a spacious and functional layout with generous living areas, a cozy wood-burning fireplace, and a large primary suite with a private bath. Enjoy outdoor living in the fully fenced backyard featuring a large deck, fire pit area, and storage

    Orlando Samuels Howard Gangestad Real Estate

    23895 Granada Ave N, Forest Lake, MN 55025
  • /11

    $219,900

    • 2 Beds
    • 1.5 Baths
    • 1,380 Sq Ft

    20657 Fenston Ave N, Forest Lake, MN 55025

    Bring your own style to this townhome and still build equity without breaking your pocket book. Easy access to Hwy 35. 2 bed, 2 bath, 2 car garage with loft. Upper level laundry. Primary bedroom walkthrough bath with double closets. Living room with vaulted ceilings & gas fireplace. Pets & Rentals are allowed but restrictions may apply. New H2O heater 2026. Schedule your showing today!

    Joseph Bryski Keller Williams Premier Realty

    20657 Fenston Ave N, Forest Lake, MN 55025
  • /20

    $249,000

    $21K PRICE DROP
    • 2 Beds
    • 1.5 Baths
    • 1,398 Sq Ft

    6389 208th Street Way N, Forest Lake, MN 55025

    This great opportunity goes active Thursday 6-11. Wonderful end unit, filled with natural light. Openfloor plan features a gas fireplace, tons of natural light, vaulted ceiling, new LVP on main level. New lighting throughout, new fixtures on all vanities and kitchen sink along with all new smoke and CO2 detectors. Great flow, location and tucked back neighborhood.

    Christopher Greene Keller Williams Premier Realty

    6389 208th Street Way N, Forest Lake, MN 55025
  • /23

    $260,000

    Open Sun 11AM - 1PM $15K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 925 Sq Ft

    744 N Shore Dr, Forest Lake, MN 55025

    Step back in time with this beautifully restored 1910 single-family home, originally a cabin and now thoughtfully converted while maintaining its vintage charm. This 2-bedroom, 1-bathroom home blends history and modern convenience, offering a rare opportunity across the street from Forest Lake with stunning lake views.Major updates provide peace of mind, including a new boiler (2020), new

    Elizabeth Flynn Edina Realty, Inc.

    744 N Shore Dr, Forest Lake, MN 55025
  • /26

    $249,900

    $5K PRICE DROP
    • 2 Beds
    • 1.5 Baths
    • 1,438 Sq Ft

    5207 207th St N, Forest Lake, MN 55025

    Welcome to 5207 207th St N in Forest Lake! This well laid out townhome has to be seen in person to appreciate all it has to offer! When you enter the front door you are met with massive cathedral ceilings, a flood of natural light from the nearly floor to ceiling windows, and the cozy gas fireplace complete with updated facade and mantle. As you move through the home you will find a large kitchen

    Debbie Wiome Keller Williams Premier Realty

    5207 207th St N, Forest Lake, MN 55025
  • /20

    $339,735

    New Construction $40K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,772 Sq Ft

    6186 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 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
    6186 205th St N, Forest Lake, MN 55025
  • /15

    $237,000

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft

    168 5th St NW, Forest Lake, MN 55025

    Full of character and timeless charm, this adorable home offers a wonderful opportunity to enjoy small-town living just a few blocks from the shores of beautiful Forest Lake. Built in 1900, this unique home blends original charm with everyday functionality. Inside, you'll find 2 bedrooms, 1 bathroom, and a surprisingly spacious kitchen featuring an abundance of cabinet space—perfect for those who

    Tammy Nehmzow Get You Moved Realty

    168 5th St NW, Forest Lake, MN 55025
  • /17

    $314,544

    New Construction $32K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,517 Sq Ft

    6191 205th St N, Forest Lake, 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
    6191 205th St N, Forest Lake, MN 55025
  • /45

    $399,000

    • 3 Beds
    • 2.5 Baths
    • 1,824 Sq Ft

    22308 Lilac Way, Forest Lake, MN 55025

    Welcome Home to Effortless, Elevated Living! This meticulously maintained townhome is the one you’ve been waiting for. Offering 3 bedrooms and 3 bathrooms and thoughtfully designed layout newer construction, this stunning residence blends modern upgrades with everyday comfort — and it shows at every turn.The coveted main-level primary suite delivers the ease of single-floor living, featuring

    Joshua Tobias eXp Realty

    22308 Lilac Way, Forest Lake, MN 55025
  • /22

    $269,900

    $5K PRICE DROP
    • 2 Beds
    • 1.5 Baths
    • 1,375 Sq Ft

    21203 Pinto Place, Forest Lake, MN 55025

    Move-in ready end-unit townhome with peaceful pond views in a convenient location! This hard-to-find end unit offers extra privacy, great natural light, and a private patio overlooking the pond. Inside, you’ll find a warm and inviting layout featuring spacious bedrooms, an upper-level loft, upper-level laundry, and a cozy gas fireplace. The kitchen includes granite countertops, and the home has

    Joseph Lindeberg eXp Realty

    21203 Pinto Place, Forest Lake, MN 55025
  • /48

    $224,900

    $5K PRICE DROP Pre-Foreclosure
    • 2 Beds
    • 1.5 Baths
    • 1,364 Sq Ft

    6333 Saddlebred Way, Forest Lake, MN 55025

    Wow - Wow - Wow. This unit is gorgeous! Updated top to bottom in gorgeous, earthy tones. New carpet, new tile floors in kitchen, all new appliances, updated flooring in baths, fresh paint, so much more. The main level is cozy and functional and features a half bath, gas fireplace and cute patio. Vaulted ceilings make it open and airy. Travel upstairs and find your 2 bedrooms, laundry, and a full

    Angela Larson Tangletown Realty

    6333 Saddlebred Way, Forest Lake, MN 55025
  • /33

    $389,000

    • 2 Beds
    • 2.5 Baths
    • 1,739 Sq Ft

    22286 Lilac Ln, Forest Lake, MN 55025

    This two story slab on grade construction townhome was built in 2022 and offers open and spacious living with attention to detail. Enjoy the quiet and peaceful setting on the west end of the Gateway Green development with a park, pond, and green space. Built by C&E Wurzer Builders this quad-style unit has quality craftsmanship and design features that allow for tons of natural sunlight. Main

    Nathan Opatz Apartment Cash Flow, Inc.

    22286 Lilac Ln, Forest Lake, MN 55025
  • /40

    $359,900

    $40K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,220 Sq Ft

    6479 204th St N, Forest Lake, MN 55025

    Enjoy detached townhouse-style living without the high association fees. This is a single-family home where the neighbor mows the grass and removes the snow at a very affordable price - it's the best of both worlds! Easy one-level living in this well-maintained 2-bedroom, 1-bath home located in the heart of Forest Lake. Built in 2010, this thoughtfully designed home offers 1,220 finished square

    Michael Muske RE/MAX Synergy

    6479 204th St N, Forest Lake, MN 55025
  • /36

    $249,900

    $10K PRICE DROP
    • 4 Beds
    • 1.5 Baths
    • 1,725 Sq Ft

    987 11th Ave SW, Forest Lake, MN 55025

    Finding a 4-bedroom townhome with affordable HOA dues is nearly unheard of—especially in highly sought-after Forest Lake! Ideally located just minutes from I-35E, downtown Forest Lake, Target, Walmart, lakes, trails, parks, schools, and entertainment. Offering just under 2,000 finished square feet, this home lives like a full-size single-family residence—without the hassle of exterior

    Gwendolyn Kay Marty Jason Mitchell Real Estate Minnesota

    987 11th Ave SW, Forest Lake, MN 55025
  • /36

    $325,000

    • 2 Beds
    • 1.5 Baths
    • 1,172 Sq Ft

    43 2nd Ave SE Unit 202, Forest Lake, MN 55025

    Waterfront living doesn't get much better than this beautifully updated 2-story condo with amazing panoramic views of Forest Lake. Just a short walk to the Farmers Market, live music by the lake, shopping, and restaurants, this move-in ready home offers the perfect blend of maintenance free waterfront living. Inside, you'll find 2 bedrooms, 2 bathrooms, hardwood floors, new luxury vinyl plank

    William Gilmore Keller Williams Premier Realty

    43 2nd Ave SE Unit 202, Forest Lake, MN 55025
  • /3

    $275,000

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

    932 W Broadway Ave, Forest Lake, MN 55025

    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

Showing Results 1 - 40, Page 1 of 2

Home Price Trends

Median Sale Price
$419,700
Median Single Family Sale Price
$449,999
Median Townhouse Sale Price
$281,000
Median 2 Bedroom Sale Price
$290,000
Average Price Per Sq Ft
$222
Number of Homes for Sale
79
Last 12 months Home Sales
364
Months of Supply
2.60
Median List Price
$425,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%
How to Buy a Home How to Finance a Home How to Sell a Home