Sold / Closed
$400,000

Sold price · Closed Nov 21, 2025

$362/sqft

Forest Grove Heights

21463 Iverson Avenue, Forest Lake, MN, 55025
3  Bedrooms2  Bathrooms1,106  Square Feet0.221  Acres
Days on market3
Year built1935
Garage spaces2
TypeResidential
Est. $9,000buyer credit when you buy with SODL

About this home

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!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1935
LevelsOne
Living area1,106 sqft
Above-grade finished1,106 sqft
Below-grade finished0 sqft
Lot size0.221 acres (75x132x69x139)
Days on market3
ListedOct 9, 2025
MLS #NST6800191
CountyWashington
SubdivisionForest Grove Heights
Parcel #1403221310044

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Bath breakdown
1 full / 1 half
Heating
Forced Air
Cooling
None
Basement
Crawl Space · 0 sqft finished

Property

Levels / stories
One
Garage
2 spaces · 400 sqft
Parking features
Detached Garage
Exterior features
Vinyl
Lot size
0.221 acres
Lot dimensions
75x132x69x139

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 1,106 sqft
Year built
1935

Utilities

Water
City Water - In Street, Well
Sewer
City Sewer - In Street
Fuel
Natural Gas

Community & HOA

Subdivision
Forest Grove Heights
HOA
No HOA
School district
831 - Forest Lake
High school district
Forest Lake

Financial & listing details

Annual tax
$6,615 (2025)
Tax with assessments
6618
Listed
Oct 9, 2025
Days on market
3
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths0
Half baths1
1/4 baths0
BasementCrawl Space
HeatingForced Air
CoolingNone
Fireplaces1
AccessibilityNone

Exterior & lot

ExteriorVinyl
FoundationBlock
Foundation area1,106 sqft
ZoningResidential-Single Family

Utilities

Water sourceCity Water - In Street, Well
SewerCity Sewer - In Street
FuelNatural Gas

Parking & garage

ParkingDetached Garage
Garage spaces2
Garage size400 sqft

Financial details

Annual taxes$6,615
Tax year2025
Taxes w/ assessments6618
Assessment pendingUnknown
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District831 - Forest Lake
District number831
District phone6519828103
High schoolForest Lake
SODL flat fee brokerage
$9,000Estimated buyer credit
SODL platform fee $3,000Your buyer credit $9,000

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$2,787/mo
Principal & interest$2,102
Property taxes$551
Home insurance (est.)$133
%
$80,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

21463 Iverson Avenue, Forest Lake, MN, 55025

Listing information

MLS #NST6800191
StatusClosed
Last updatedAug 27, 2026, 11:39 AM
Originally listedOct 10, 2025, 12:00 AM
Listing officeKeller Williams Integrity Realty

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.