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    N 207 St Forest Lake, MN 55025

    Under Contract
    For Sale
    $4,500,000

    Lots & Land - Forest Lake, MN

    Lot size:
    51.48 Acres
    Days on Market:
    255
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for N 207 St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Residential-Single Family
    APN
    2103221120011
    Lot size
    51.48 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Synergy (651) 248-2796 [email protected]

    Listing agent Bob Muske, GRI (651) 248-2796

    Listing date Mar 26, 2025

    MLS# 6546964 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land Development Opportunity

    This 51.48-acre tract of land in Forest Lake, MN, presents an opportunity for residential development. Designated for single-family residential use, the property is located within Phase 2 of Chestnut Creek and is bordered by two existing neighborhoods. The land has been pre-graded, with many lots prepared for walkouts and offering wooded views. City water and sewer infrastructure are already in place for the initial third of the project off of 207th Street. A previous site plan proposed 114 lots for the location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Forest Lake
    County
    Washington
    State
    Minnesota
    Longitude
    -92.9679661
    Latitude
    45.2488518

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    FAQs

    What type of property is this?
    Land - 51.48 acres of land for residential development in Forest Lake.
    Where is this land located?
    The property is located at N 207 St Forest Lake, MN.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - City water and sewer access available.; - Development opportunity within Phase 2 of Chestnut Creek.; - Land is pre-graded with many lots set for walkouts.
    (651) 248-2796
    Request Owner's contact information
    N 207 St Forest Lake, MN 55025
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    Forest Lake, MN 55025
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    N 207 St Forest Lake, MN 55025
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