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71 1st Street SEForest Lake, MN 55025

$800,000

2 bedrooms · 3 bathrooms · 2,000 finished sq ft · 0.039 acre lot

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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

Broker ReciprocityListing courtesy of RE/MAX Results (Julia Distel). MLS #7107695.

© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.

Broker ReciprocityThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 9:49 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.

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

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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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