Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $8,633 (2025).

What school district is this property in?

This property is in the 831 - Forest Lake school district.

Does this home have a garage?

Yes, this home has a 3-car garage.

How long has this property been on the market?

This property was listed for 3 days.

Sold / Closed

$800,000

Sold price · Closed May 7, 2026

$319/sqft

Fred Richters Forest Lake Add

700 7th Street SE, Forest Lake, MN, 55025

4 Bedrooms2 Bathrooms2,511 Square Feet0.25 Acres

Days on market3

Year built1996

Garage spaces3

TypeResidential

Est. $21,000buyer credit when you buy with SODL

About this home

Your search for the perfect lake home ends here. Nestled on a quiet, dead-end street, this meticulously cared-for property offers an idyllic lakeside lifestyle with 69 feet of pristine shoreline on 1st Lake. Step inside and be captivated by an open-concept floor plan designed for seamless entertaining. The heart of the home is a stunning two-story living room, where expansive windows frame breathtaking lake views. The modern kitchen features handsome maple cabinets, stainless steel appliances, and a pantry with convenient pull-out shelves. Host dinners in the dining room, which opens directly onto a brand-new lakeside patio, the perfect setting for summer evenings. Functionality meets luxury with a massive main-floor laundry and walk-through bath, complete with an exterior door for easy access after a day on the water. Two comfortable main-floor bedrooms, one with a walk-in closet, offer convenience and flexibility. Ascend to the upper level to discover a versatile loft, spacious enough to serve as a grand primary suite or a secondary family room. Its walk-in closet leads to a spa-like bathroom with a separate soaking tub and shower. The property also includes a finished, heated, and insulated three-car garage, a separate storage shed, and a beautiful level lot adorned with perennial gardens. Underground sprinkler and dog fencing. Located in the best spot on the lake, you're just walking distance to town and have a front-row seat for the 4th of July fireworks. This is more than a home; it's your personal retreat. Don't miss this rare opportunity—schedule your private tour today! 360 tour available!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1996

LevelsTwo

Living area2,511 sqft

Above-grade finished2,511 sqft

Below-grade finished0 sqft

Lot size0.25 acres (159x69x70x153)

Days on market3

ListedMar 15, 2026

MLS #NST7028920

CountyWashington

SubdivisionFred Richters Forest Lake Add

Parcel #0903221320021

Facts & features

Interior

Bedrooms: 4
Bathrooms: 2
Bath breakdown: 2 full
Heating: Forced Air, In-Floor Heating
Cooling: Central Air
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories: Two
Garage: 3 spaces · 31.7x25 · 808 sqft
Parking features: Attached Garage
Patio & porch: Patio
Exterior features: Stone, Vinyl
Other structures: Storage Shed

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Frame
Foundation: Slab · 1,422 sqft
Roof: Asphalt
Year built: 1996

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas

Community & HOA

Subdivision: Fred Richters Forest Lake Add
HOA: No HOA
School district: 831 - Forest Lake
High school district: Forest Lake

Financial & listing details

Annual tax: $8,633 (2025)
Tax with assessments: 8636
Listed: Mar 15, 2026
Days on market: 3
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths2

3/4 baths0

Half baths0

1/4 baths0

BasementNone

HeatingForced Air, In-Floor Heating

CoolingCentral Air

LaundryMain Level, Washer Hookup

AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

DiningKitchen/Dining Room

AmenitiesKitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Natural Woodwork, Patio, In-Ground Sprinkler, Vaulted Ceiling(s), Washer/Dryer Hookup, Walk-In Closet

AccessibilityNone

Exterior & lot

ExteriorStone, Vinyl

RoofAsphalt

FoundationSlab

Foundation area1,422 sqft

Patio/porchPatio

Road frontageCity Street, Curbs, No Outlet/Dead End, Paved Streets, Storm Sewer

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage

Garage spaces3

Garage size808 sqft

Financial details

Annual taxes$8,633

Tax year2025

Taxes w/ assessments8636

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District831 - Forest Lake

District number831

District phone6519828103

High schoolForest Lake

SODL flat fee brokerage

$21,000Estimated buyer credit

SODL platform fee $3,000Your buyer credit $21,000

Buyer-side commission

3.0%

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

$5,190/mo

Principal & interest$4,204

Property taxes$719

Home insurance (est.)$267

Down payment

$160,000

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.