21463 Iverson Avenue N Forest Lake, MN 55025

$400,000
Active
estimated monthly payment
1 Beds  |  1 Baths  |  1,106 Sq Ft  |  Single Family  |  MLS # 6800191
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About The Listing

Welcome to Lake Living! Here’s your chance to own 69' of shoreline on beautiful Forest Lake—one of the metro area’s most desirable recreational lakes. The home features newer siding, a newer garage door and opener, new drain tile and pump station in the basement, plus a recently installed furnace and water heater. While the property needs significant updating and renovation, it presents an incredible opportunity for investors, builders, or handy buyers to unlock its full potential. The solid mechanical updates and premium lakeshore setting provide a strong foundation for your vision—whether that’s a remodel, addition, or complete rebuild. Enjoy boating, fishing, and paddleboarding right from your backyard, or walk to nearby restaurants, shops, and events in downtown Forest Lake. Convenient access to I-35 makes commuting to the Twin Cities a breeze. Rarely do lakeside properties with this much upside potential hit the market—don’t miss your chance to create lasting value on Forest Lake!


Listing courtesy of Shawn D. Korby, Keller Williams Integrity Realty
Purchase Price
Loan Type
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Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: None
Year Built: 1935
MLS #: 6800191
Bedrooms: 1
Square Feet: 1,106
Bathrooms (Full): 1
Price Per Square Foot: $362
Bathrooms (Half) : 0
Bathrooms (Three Quarters) : 0
Garage Spaces: 2
Parking Description: Detached
Sewer Description: City Sewer - In Street
Air Conditioning Type: None
Water: City Water - In Street, Well
Heat Type: Forced Air
Basement: Crawl Space
Construction Description: Vinyl Siding
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 10/10/2025
List Date: 10/10/2025
Listing Agent ID: 506092628
Listing Office: Keller Williams Integrity Realty
Listing Office ID: 10071
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Number of Fireplaces: 1
Lot Dimensions: 75x132x69x139
Lot Size: 0.22 Acres
School District: Forest Lake
Tax Year: 2025
Estimated Taxes: $6,615
Contingency Type: None
City: Forest Lake
Zip: 55025
County: Washington
Subdivision: Forest Grove Heights
State: MN
Listing last updated: 10/10/25

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