18323 Elmcrest Avenue NForest Lake, MN 55025
$430,000
2 bedrooms · 1 bathrooms · 1,048 finished sq ft · 20 acre lot
About this home
WOW! A 20 acre, "potential paradise" that includes a beautifully treed, 5 acre homestead AND an additional 15 acres with some high ground, wetland with some open water to boot! Here, wildlife abounds, deer, turkeys, duck and Sandhill cranes included! This is a great opportunity to purchase an affordable 20 acres, a solid home, and a very functional outbuilding. With improvements it can be a real equity builder. The home is clean inside, livable, and certainly can be lived in as exterior and interior improvements are made. The STEEL roof on the house was new in 2016. The BRYANT forced air furnace was new in 2004, and Seller says the furnace and central AC work great! The kitchen appliances are spotless and ready for use. The AMANA washer and dryer are 5 years old, barely used and look like new! The 960 square feet of lower level is a "clean slate", just waiting to become finished living space. The 22 ft. x 40 ft. outbuilding has a very smooth, solid concrete floor and 4 overhead garage doors. There are also 2 very "productive" plum trees and apple trees on the property! NO SIGN ON PROPERTY.
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 1972
- Bedrooms
- 2
- Bathrooms
- 1
- Finished sq ft
- 1,048
- Lot
- 20 acres
- Garage
- 2 stalls
- Basement
- Full, Unfinished
- Heating
- Propane, Forced Air
- Cooling
- Central Air
- Property taxes
- $3,934 a year
- Listed
- September 28, 2026
- MLS number
- 7151518
Listing courtesy of LaBelle Real Estate Group Inc (Stephen K. Hursh). MLS #7151518.
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How it compares
18323 Elmcrest Avenue N, Forest Lake, MN 55025 is a 2-bedroom single-family home built in 1972, listed for $430,000 on September 28, 2026 by LaBelle Real Estate Group Inc. That is in the middle range of the 52 single-family homes for sale in Forest Lake right now (median $475,000; $410 per square foot here against $200 for the group). That works out to $410 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Forest Lake community guideSchools, commutes, parks, home values and local stories.
- Forest Lake housing market, September 2026Homes sold for a median $429,900 over 12 months (+5.5%), 57 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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