Pending
$889,000
$186/sqft

Waters Edge Preserve

23245 Itasca Avenue N, Forest Lake, MN, 55025
5  Bedrooms4  Bathrooms4,779  Square Feet5.148  Acres
Days on market15
Year built1998
Garage spaces3
TypeResidential
Est. $23,670buyer credit when you buy with SODL

About this home

Welcome to Waters Edge Preserve—where over 5 acres, high-end craftsmanship, and protected privacy come together in one unforgettable setting. With unbuildable land behind the home, yet plenty of space on the east side of the home for a building or pool. Wildlife, pond views, and magical sunsets are located just minutes to downtown Forest Lake and 3 miles to the nearest public boat launch. This luxury home delivers the space you need and the architectural details you want. The custom kitchen with Maple cabinets is designed for real life with large dual wall ovens, Wolf cooktop, new quartz countertops, under-cabinet lighting, and a generous prep space. The butler's pantry seamlessly doubles as a dedicated household command center. A hidden scullery near the lower-level wet bar adds extra storage and a utility sink—perfect for larger gatherings or hobby projects. The hearth room is the heart of the home—vaulted ceilings with knotty alder wood beams, custom built-ins, a statement stone wood-burning fireplace, slate flooring, and walls of Andersen windows that pull the outdoors in. Upstairs, the primary suite is a true retreat with professionally designed closet systems in both closets, spa-like comfort in the bathroom including a jetted tub, heated lamp, and upgraded shower ventilation. The mudroom and laundry area is built for Minnesota living, featuring custom maple lockers to store boots and gear for every season. Heated porcelain floors, an upgraded utility sink, and a slate shower make cleanup comfortable and effortless. The lower level is built for both fun and wellness. The knotty alder bar with granite counters framed by stone accents is a showstopper. Dimmable lighting, built-in speakers, and a stone gas fireplace set the perfect ambiance for movie nights — and the TV stays. Your wellness retreat begins in the dedicated gym — complete with heated floors — and ends with a rejuvenating steam shower in the lower level bath, which also provides heated flooring. Need a quiet place to focus? The lower level includes a dedicated office with a built-in waterfall granite desk and built-in knotty alder enclosed bookshelves. A huge storage area and a deep freezer that stays—perfect for Costco runs, holiday hosting, and everything that comes with acreage living. The outdoor spaces are impressive — with two maintenance-free decks (including space for dining and grilling), a pergola, and an impressive decorative aggregate concrete patio wired for a hot tub. Established apple and pear trees, plus a huge, enclosed garden with irrigation already in place, round out the lifestyle. Dual furnace/boiler system, Bryant heat pump, UV air purifier, reverse osmosis system, and ADT commercial security system complete this executive home.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1998
LevelsTwo
Living area4,779 sqft
Above-grade finished3,328 sqft
Below-grade finished1,451 sqft
Lot size5.148 acres (300x714x309x771)
Days on market15
ListedJul 24, 2026
MLS #NST7114652
CountyWashington
SubdivisionWaters Edge Preserve
Parcel #0203221340008

Facts & features

Interior

Bedrooms
5
Bathrooms
4
Bath breakdown
2 full / 1 3/4 / 1 half
Heating
Boiler, Forced Air, Fireplace(s), Heat Pump, Hot Water, Humidifier, In-Floor Heating, Zoned
Cooling
Central Air, Heat Pump
Appliances
Air-To-Air Exchanger, Central Vacuum, Cooktop, Dishwasher, Double Oven, Dryer, Electronic Air Filter, Exhaust Fan, Freezer, Humidifier, Water Filtration System, Water Osmosis System, Iron Filter, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned, Wine Cooler

Property

Levels / stories
Two
Garage
3 spaces · 23.2x29 · 672 sqft
Parking features
Attached Garage, Concrete, Electric, Garage Door Opener, Storage
Patio & porch
Composite Decking, Deck, Patio
Exterior features
Stone, Stucco, Vinyl
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Block
Foundation
Block, Permanent · 1,811 sqft
Roof
Age Over 8 Years, Asphalt
Year built
1998

Utilities

Water
4-Inch Submersible, Drilled, Private, Well
Sewer
Holding Tank, Mound Septic, Private Sewer, Septic System Compliant - Yes
Fuel
Natural Gas
Electric
Circuit Breakers, 200+ Amp Service

Community & HOA

Subdivision
Waters Edge Preserve
HOA
No HOA
School district
831 - Forest Lake
High school district
Forest Lake

Financial & listing details

Annual tax
$8,148 (2026)
Listed
Jul 24, 2026
Days on market
15 · 71 cumulative
Manufactured home
Yes

Interior details

Total bathrooms4
Full baths2
3/4 baths1
Half baths1
1/4 baths0
BasementDaylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Storage/Locker, Storage Space, Sump Basket, Sump Pump, Walkout
HeatingBoiler, Forced Air, Fireplace(s), Heat Pump, Hot Water, Humidifier, In-Floor Heating, Zoned
CoolingCentral Air, Heat Pump
Fireplaces3
LaundryGas Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
AppliancesAir-To-Air Exchanger, Central Vacuum, Cooktop, Dishwasher, Double Oven, Dryer, Electronic Air Filter, Exhaust Fan, Freezer, Humidifier, Water Filtration System, Water Osmosis System, Iron Filter, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned, Wine Cooler
DiningBreakfast Area, Eat In Kitchen, Informal Dining Room, Kitchen/Dining Room, Separate/Formal Dining Room
AmenitiesCable, Ceiling Fan(s), Deck, Exercise Room, French Doors, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Natural Woodwork, Patio, Paneled Doors, Panoramic View, Security System, In-Ground Sprinkler, Sun Room, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup, Wet Bar
AccessibilityNone
Special features3 BR on One Level, Main Floor Laundry, Primary Bdr Suite

Exterior & lot

ExteriorStone, Stucco, Vinyl
RoofAge Over 8 Years, Asphalt
FoundationBlock, Permanent
Foundation area1,811 sqft
Patio/porchComposite Decking, Deck, Patio
Lot featuresTree Coverage - Medium, Underground Utilities
Road frontageCity Street, Cul De Sac, Curbs, No Outlet/Dead End, Paved Streets, Storm Sewer
ZoningResidential-Single Family

Utilities

Water source4-Inch Submersible, Drilled, Private, Well
SewerHolding Tank, Mound Septic, Private Sewer, Septic System Compliant - Yes
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete, Electric, Garage Door Opener, Storage
Garage spaces3
Garage size672 sqft

Financial details

Annual taxes$8,148
Tax year2026
Taxes w/ assessments8148
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District831 - Forest Lake
District number831
District phone6519828103
High schoolForest Lake
SODL flat fee brokerage
$23,670Estimated buyer credit
SODL platform fee $3,000Your buyer credit $23,670

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

$5,647/mo
Principal & interest$4,672
Property taxes$679
Home insurance (est.)$296
%
$177,800
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

23245 Itasca Avenue N, Forest Lake, MN, 55025

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Listing information

MLS #NST7114652
StatusPending
Last updatedAug 8, 2026, 3:29 PM
Originally listedJul 24, 2026, 6:21 AM
Listing officeeXp 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.