MLS# 6727624 - 173 1st Street NE Forest Lake, MN 55025
Life on the lake and life in town. Both! And no lake work. Enjoy coffee and sunrises from your own deck or the porch on the lake with easy stair access down to the beach. Don't miss this chance to enjoy beautiful Forest Lake without all the work and maintenance that normally comes with lake life! A great home or weekend lake home. It could be your no-maintenance cabin that is so close to the Twin Cities! Association dock allows easy access to the water with the option to have a boat slip for a nominal fee. Adjacent to beautiful Lakeside Park and Forest Lake Beach. Walk to shops and restaurants nearby. And it's only a short drive to I-35 for easy freeway access and more shopping and restaurants. Condo features two bedrooms, one full bath, a cozy wood burning fireplace, and relaxing views of the lake. The vaulted ceiling creates an open and spacious feel. The view from the deck is breathtaking. Laundry is conveniently located in the unit. A locked storage unit in the basement holds all your boat toys and seasonal furniture. Modestly priced lake life waits for you!
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Mortgage & Tax Calculator [Estimated]
Purchase Price ($):
Down Payment ($):
Down Payment (%):
Est. Best Interest Rate (%):
Term of Loan (Years):
Monthly Payment:
$1,439 + $242(tax)
Est. Monthly Total: $1,681
*does not include insurance and all numbers are estimated.
Summary
Type: RES | Residential - Low Rise
Price: $304,000
$287/sf
$284,112/acre
Transaction: For Sale
Status: Pending
Contingencies: None
Agent Owned: No
Lender Owned: No
Manufactured Home: No
Zoning: Residential-Multi-Family, Residential-Single Family
Bedrooms: 2
Bathrooms: 1
Square Footage: 1,059 sq ft
Lot Size: 1.07 acres
Year Built: 1983
Foundation: 1,059 sq ft
Garage: Yes
Waterfront: Yes
Stories: One and One Half
New Construction: No
Listed at: Sat Jun 07 2025 5:00:00 AM
Listing Age: 46 days
School District: 831-Forest Lake | 651-982-8103
County: Washington
Rooms
Bedrooms
Bedroom 1: Upper 14 x 11
Bedroom 2: Upper 14 x 9
Bathrooms
Full Baths: 1
Main Floor
Kitchen: Kitchen, 11 x 10
Living Room: Living Room, 25 x 12
Informal Dining Room: Informal Dining Room, 10 x 8
Porch: Porch, 11 x 8
Deck: Deck, 11 x 9
Upper Level
Bedroom 1: Bedroom 1, 14 x 11
Bedroom 2: Bedroom 2, 14 x 9
Bathroom: Bathroom, 11 x 6
Laundry: Laundry, 9 x 5
More Room Details
Dining: Informal Dining Room
Bath Details: Upper Level Full Bath
Home Details
In Home Details
Sq Ft Above Ground: 1,059 sq ft
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Basement: Block
Construction Material: Vinyl Siding
Fireplaces: 1, Wood Burning
Additional Details: Dock, Primary Bedroom Walk-In Closet, Boat Slip
Exterior
Siding: Vinyl Siding
Utilites
Water: City Water/Connected
Sewer: City Sewer/Connected
Cooling: Wall Unit(s)
Heating: Baseboard, Electric
Property / Waterfront
Property Details
Garage: 1 spaces, Assigned, Guest Parking, Tuckunder Garage
Lot Dimensions: NA
Amentities Unit: Dock, Primary Bedroom Walk-In Closet, Boat Slip
Agent Owned: No
Waterfront Details
Body of Water: Forest
DNR Lake ID: 82015900
Type: Association Access, Dock, Lake Front, Lake View, Shared
Lake Acres: 2,270 acres
Max Depth: 37 ft
View: Association Access, Dock, Lake Front, Lake View, Shared
Slope: Gradual
Others
School Information
District Number: 831-Forest Lake
District Phone: 651-982-8103
Financial Considerations
Tax Property ID: 0803221110015
Tax Amount: $2,907 for 2024
Listing Data
Listed Price: $304,000
Days on market: 17 days
First Listed at: Sat Jun 07 2025 5:00:00 AM
Last Updated at: Tue Jun 24 2025 7:30:04 PM
Contingencies: None
Assessments: No
Association Fee: $443
Foreclosure: No
Lender Owned: No
Special Notes
Internet Options: Cable
Present Use: Yearly
Public Survey
Range: 21
Section: 8
Township: 32

Bridge Realty, LLC is the brokerage office representing the owner for this listing.
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Positive Realty | Keith Schwankl is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Keith Schwankl, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Jul 23 2025 5:32AM.