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Doug Anderson

doug.anderson@bluefence.com +1(847) 687-3424

$450,000

Est. payment - /mo

3 Beds

2.5 Baths

1,800 SqFt

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Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $250

MLS Listing ID 12600327

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Fees $150/ann

Annual Tax Amount $7,295

Tax Year 2024

Lot Dimensions 100x170

Property Sub-Type Detached Single

Property Description

Exceptional opportunity to own direct lakefront property on Forrest Lake in Lake Zurich offering flexibility for renovation, new construction, or development potential. Situated on two combined lots totalling approximately 0.341 acres, this 3-bedroom, 3-bath ranch home with walkout basement presents expansive water views and the rare advantage of a dual-lot configuration on a private lake setting. Positioned on the north end of Forrest Lake, the property benefits from southern sun exposure throughout the day, enhancing natural light and maximising enjoyment of the waterfront setting. Located on the wider open portion of the lake, the property captures both sunrise and sunset views, creating a peaceful lakefront environment ideal for year-round living or a private retreat. The property includes direct lake frontage with private pier, providing convenient access to the water for a variety of recreational activities. Forrest Lake is a no-wake lake allowing idle-only boating, supporting a quiet atmosphere ideal for kayaking, paddleboarding, fishing, and relaxing along the shoreline. The existing single-family ranch home features a walkout basement and detached 2.5-car garage, offering a functional starting point for those looking to update, expand, or re imagine the property. The presence of two legal lots creates a unique opportunity that is difficult to replicate within established lakefront communities. Buyers may consider renovating the current home, building a custom lakefront residence, or exploring development possibilities that take advantage of the lot configuration and desirable location. Lakefront land opportunities with this level of flexibility are limited. Conveniently located less than five minutes from downtown Lake Zurich and near the shopping, dining, and amenities of nearby Kildeer, the property offers both privacy and accessibility. This location allows residents to enjoy the benefits of lake living while remaining close to everyday conveniences.Whether seeking a custom lakefront estate, private waterfront retreat, or investment opportunity, this Forrest Lake property presents significant potential in a desirable Lake Zurich location.

Location

State IL

County Lake

Area Hawthorn Woods / Lake Zurich / Kildeer / Long Grove

Rooms

Basement Partially Finished, Exterior Entry, Concrete, Rec/Family Area, Walk-Up Access, Full, Walk-Out Access

Interior

Heating Natural Gas

Cooling Central Air

Fireplace N

Exterior

Exterior Feature Balcony

Garage Spaces 2.0

Community Features Clubhouse, Lake, Dock, Water Rights

Roof Type Asphalt

Building

Dwelling Type Detached Single

Building Description Aluminum Siding, No

Sewer Public Sewer

Water Well

Level or Stories 1 Story

Structure Type Aluminum Siding

New Construction false

Schools

School District 95 , 95, 95

Others

HOA Fee Include Lake Rights

Ownership Fee Simple

Special Listing Condition None

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Listed by Janelle Vik of Baird & Warner

Nearby Locations

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Doug Anderson

Designated Managing Broker

+1(847) 687-3424

24301 Forest DR N Lake Zurich, IL 60047

Doug Anderson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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24301 Forest DR N