71 1st Street SEForest Lake, MN 55025
$800,000
2 bedrooms · 3 bathrooms · 2,000 finished sq ft · 0.039 acre lot
About this home
Experience high-end, turn-key, low-maintenance lake living on beautiful Forest Lake. This exceptional home offers breathtaking water views from nearly every room on the open-concept main level, featuring hand-rubbed hardwood floors, a cozy gas fireplace, and rich Knotty Alder doors and trim throughout. The gourmet kitchen is designed for both everyday living and entertaining, showcasing granite countertops, custom Knotty Alder cabinetry, a built-in KitchenAid refrigerator, Thermador combination oven/microwave/warmer drawer, JennAir four-burner gas cooktop, Sub-Zero wine cooler, and a Fisher & Paykel double-drawer dishwasher. Upstairs, you'll find a spacious secondary bedroom and a luxurious owner's suite with stunning lake views, arched doorways, heated tile floors, a spa-inspired bathroom, and an oversized walk-in tiled shower. Step onto your private lakefront deck each morning to enjoy spectacular sunrises over the water. The upper level also includes a full guest bathroom with a soaking tub and a convenient laundry area. With countless quality upgrades throughout, this home offers the perfect blend of luxury and convenience. Enjoy carefree lakefront living with your own included boat slip and an ideal location that provides an easy commute to the Twin Cities while offering quick access to weekend adventures up north. This is a rare opportunity to own a truly exceptional waterfront home.
Home facts
- Home type
- Condo
- Style
- Townhouse
- Year built
- 1984
- Bedrooms
- 2
- Bathrooms
- 3
- Finished sq ft
- 2,000
- Lot
- 0.039 acres
- Garage
- 2 stalls
- Basement
- Walk-Out Access, Finished
- Heating
- Natural Gas, Forced Air
- Cooling
- Ceiling Fan(s), Central Air
- Property taxes
- $5,046 a year
- HOA / association fee
- $400
- Listed
- July 10, 2026
- MLS number
- 7107695
Listing courtesy of RE/MAX Results (Julia Distel). MLS #7107695.
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How it compares
71 1st Street SE, Forest Lake, MN 55025 is a 2-bedroom condo built in 1984 on Forest Lake, listed for $800,000 on July 10, 2026 by RE/MAX Results. That is in the upper quarter of the 23 condos for sale in Forest Lake right now (median $385,000; $400 per square foot here against $199 for the group). That works out to $400 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:49 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 LakeLake facts from the Minnesota DNR, access and every lakefront home for sale.
- 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
- —
- Association fee (as listed)
- —
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 and the association fee as listed (assumed monthly). Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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