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Forest Lake Shoreline Development Opportunity
For Sale
$769,000

Iverson Avenue N, Forest Lake, MN 55025

LAND - Forest Lake, MN

Property SizeContact for details
Lot Size14.55 Acres
Days on Market387

Property Features for Iverson Avenue N

General Information

Property type Land
Property subtype Other
Zoning description Lot, Shoreline
High school district Forest Lake
Directions Hwy 97 East to Iverson Ave N. Left on Iverson Ave N and land is on corner.
Standard status Active
APN 1403221430001
Lot size 14.55 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 604

Utilities

Utilities Phone Available
Listing Agency: Bridge Realty, LLC
Listed By: Rick Clark
Added: Jul 24, 2025 Changed: Aug 1 Last Checked: Aug 14 at 11:06PM
MLS# 6760969

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property offers nearly fifteen acres on the shores of Forest Lake. The land is suitable for a generous lake-front homesite with approximately ninety feet of shoreline, plus two wooded upland sites accessible from paved Iverson Avenue. The two non-lakefront home sites could include deeded lake access with a dedicated dock slip. City sewer is available in the street, while wells will need to be installed. A certified wetland delineation report and map are available. Current zoning allows each house to add an attached accessory apartment for multigenerational living, guest space, or potential rental income. The property presents opportunities to retain the lake pad and sell the back lots, create a three-home family retreat, or develop the trio for resale.

Key Highlights

  • Nearly 15 acres on Forest Lake with 90 feet of shoreline.
  • Three potential homesites: one lakefront and two wooded upland sites.
  • Opportunity to create a family retreat or develop for resale.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 55025, MN

25,784
Population
10,522
Households
2.5
Avg Household Size
40
Median Age
36%
College-Educated
94%
High-School Grad
77.1 sq mi
ZIP Area
334
Density / Sq Mi
$95,993
Median Household Income
$51,041
Median Earnings
$1,355
Median Rent
$385,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Nearly fifteen acres on Forest Lake with development potential.
Where is this land located?
The property is located at Iverson Avenue N Forest Lake, MN.
What is the asking price?
The asking price for this property is $769,000.
What are key features of this property?
This property features: Nearly 15 acres on Forest Lake with 90 feet of shoreline.; Three potential homesites: one lakefront and two wooded upland sites.; Opportunity to create a family retreat or develop for resale.
More about this property
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