Discover the hidden gem of living on the Bay of Lake One, on Forest Lake. Enjoy stunning sunsets and calm waters from this 46 ft lakeshore property in a no-wake zone, perfect for kayaking and paddleboarding and you can leave your dock and boat lift in all year round. This 2-bed, 2-bath home features custom Calico Hickory cabinets, granite counters, GE Profile stainless steel appliances, and panoramic lake views from the four season porch and living room. The walk-out lower level includes a wood burning fireplace, two large flex spaces, laundry, storage, and a screened-in porch for lake gear. Updates include; new carpet (Oct. 2025), lake steps (June 2025), hydroseeding (Sept 2025), and water softener (2024). The detached 700 Sqft heated garage is a rare bonus, with ample space for parking and storing all your lake toys, plus a driveway that can accomodate up to 4 additional vehicles. Beyond the property, enjoy everything Forest Lake has to offer. Boat directly into town and park at the city dock to explore shops, dine at local restaurants or take in the popular "Art in the Park" summer series featuring live music, local vendors, and food trucks. Looking for more adventure? Cruise to Pizza Pub on Lake Two or anchor at the sandbar on Lake Three for sun-soaked fun, swimming, and socializing with fellow lake lovers.
Closed
$550,000
1008 Bay Dr SE, Forest Lake, MN 55025
2beds
1,794sqft
Single Family Residence
Built in 1962
0.25 Acres Lot
$553,800 Zestimate®
$307/sqft
$2,697 Estimated rent
Home value
$553,800
$515,000 - $598,000
$2,697/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Lori Nyholm 763-439-6797,
Keller Williams Classic Realty
Bought with:
Wendy J. Gimpel
Keller Williams Select Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6792848
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 2
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Other
- Level: Lower
- Area: 208 Square Feet
- Dimensions: 16x13
Family room
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16x14
Other
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16x13
Kitchen
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Laundry
- Level: Lower
- Area: 143 Square Feet
- Dimensions: 13x11
Recreation room
- Level: Lower
- Area: 238 Square Feet
- Dimensions: 17x14
Screened porch
- Level: Lower
- Area: 224 Square Feet
- Dimensions: 16x14
Storage
- Level: Lower
- Area: 78 Square Feet
- Dimensions: 13x6
Heating
- Baseboard, Boiler, Fireplace(s)
Cooling
- Ductless Mini-Split
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
- Laundry: Gas Dryer Hookup, Laundry Room, Washer Hookup
Features
- Basement: Block,Finished,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,794
- Total interior livable area: 1,794 sqft
- Finished area above ground: 980
- Finished area below ground: 814
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage, Storage
- Garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (28x24), Garage Door Height (8), Garage Door Width (17)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Pool features: None
- Has view: Yes
- View description: Bay, Lake, Panoramic, West
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Dock, Lake Front, Lake View
- Frontage length: Water Frontage: 46
Lot
- Size: 0.25 Acres
- Dimensions: 46 x 222 x 50 x 228
- Features: Tree Coverage - Medium
Details
- Additional structures: Storage Shed
- Foundation area: 1176
- Parcel number: 0903221430015
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Age Over 8 Years,Architectural Shingle
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Forest Lake
Financial & listing details
- Price per square foot: $307/sqft
- Tax assessed value: $567,300
- Annual tax amount: $6,380
- Date on market: 10/2/2025
- Cumulative days on market: 38 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Sold | $550,000-4.3%$307/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6792848 Report a problem | ||
| 11/10/2025 | Pending sale | $575,000$321/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6792848 Report a problem | ||
| 10/15/2025 | Price change | $575,000-4.2%$321/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6792848 Report a problem | ||
| 10/3/2025 | Listed for sale | $600,000+71.5%$334/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6792848 Report a problem | ||
| 8/15/2005 | Sold | $349,900$195/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,380 +8% | $567,300 +1.2% |
| 2024 | $5,910 +14.8% | $560,600 +11.4% |
| 2023 | $5,150 +7.8% | $503,100 +24.5% |
| 2022 | $4,776 +14.4% | $404,200 -0.2% |
| 2021 | $4,176 -4.8% | $405,000 +11.2% |
| 2020 | $4,388 | $364,300 |
| 2019 | $4,388 | $364,300 +2.6% |
| 2018 | $4,388 +0.6% | $355,100 +7.2% |
| 2017 | $4,362 +12.2% | $331,100 +12% |
| 2016 | $3,886 +13.5% | $295,700 +11.5% |
| 2015 | $3,424 | $265,300 +5.4% |
| 2013 | $3,424 +22.5% | $251,700 +0.8% |
| 2012 | $2,794 | $249,600 +0.2% |
| 2011 | $2,794 -5.3% | $249,000 -21% |
| 2010 | $2,950 +6% | $315,000 |
| 2009 | $2,782 -8.5% | -- |
| 2008 | $3,042 +10.1% | -- |
| 2007 | $2,764 +18.5% | -- |
| 2006 | $2,332 +14.3% | -- |
| 2005 | $2,041 +7.8% | -- |
| 2004 | $1,893 | -- |
Find assessor info on the county website
Neighborhood: 55025
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Nearby schools
GreatSchools rating
- 6/10Forest Lake Elementary SchoolGrades: 4-6Distance: 1.2 mi
- 7/10Forest Lake Area Middle SchoolGrades: 7-8Distance: 0.7 mi
- 7/10Forest Lake Senior High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$553,800
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Estimated market value
$553,800
- Minnesota
- Washington County
- Forest Lake
- 55025
- 1008 Bay Dr SE
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