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New Construction Homes for Sale in Forest Lake, MN

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  • /11

    Shadow Creek Estates Community

    $314,984 - $395,345

    Forest Lake, MN 55025

    • 3 Beds
    • 1,517+ Sq Ft

    Shadow Creek Estates is a community of new townhomes for sale at a prime location in Forest Lake, MN. Forest Lake offers a charming small-town feel with a well-regarded school district, numerous parks, lakes and recreational activities. Residents are less than five miles northwest of Target, Walmart, Aldi, a handful of restaurants and retail spaces for everyday conveniences. Easy access to

    Lennar Builder
    Shadow Creek Estates
  • /13

    $225,000 Lot/Land

    TBD Elmcrest Ave N, Forest Lake, MN 55025

    • 5.3 Acres
    • $42,453 per Acre

    Discover the perfect place to build your dream home on this beautiful lot located in the peaceful community of North Forest Lake. Tucked away on a quiet street, this property offers a rare combination of natural beauty, privacy, and convenient access to all the amenities Forest Lake has to offer. This spacious parcel provides an excellent opportunity for custom home construction, whether you

    Agent Photo

    Dana Mol

    Coldwell Banker Realty

    (612) 999-2994

    TBD Elmcrest Ave N, Forest Lake, MN 55025
  • /47

    $1,150,000 Custom Home

    9998 211th Ct N, Forest Lake, MN 55025

    • 4 Beds
    • 2.5 Baths
    • 3,387 Sq Ft

    Welcome to 'Forest Hills Preserve', Forest Lake's newest premier 55+ Custom Home Association community. Craft-fully built by Guidance Homes, located just minutes from downtown Forest Lake & I-35, this beautiful "rustic elegance" home & absolutely gorgeous lot are sure to impress! Step into the open-concept living area where a cozy gas fireplace with stone surround adds warmth and charm. The

    Jaren Johnson RE/MAX Synergy

    9998 211th Ct N, Forest Lake, MN 55025
  • /8

    $989,900 Custom Home

    21094 Keibler Ct N, Forest Lake, MN 55025

    • 3 Beds
    • 3 Baths
    • 3,004 Sq Ft

    Exciting opportunity with Guidance Homes, Inc to live in the Forest Hills Preserve Development in Forest Lake! Enjoy low-maintenance living in a beautifully maintained 55+ association, surrounded by nature yet just minutes from Highway 35 and the charming downtown Forest Lake area. This thoughtfully crafted, custom-designed walk-out rambler home offers over 3,000 square feet of comfortable living

    Jaren Johnson RE/MAX Synergy

    21094 Keibler Ct N, Forest Lake, MN 55025
  • /28

    $859,900 Custom Home

    10036 211th St N, Forest Lake, MN 55025

    • 3 Beds
    • 2 Baths
    • 2,221 Sq Ft

    Guidance Homes, Inc. is proud to welcome you to 'Forest Hills Preserve', a gorgeous 55+ association-maintained neighborhood. This stunning slab-on-grade, craftfully built custom home is nestled between woods and water, conveniently located just minutes from downtown Forest Lake and I-35. Our slab-on-grade model home with over 2,200 finished sq. ft. features a huge owner's suite, 2nd & 3rd

    Jaren Johnson RE/MAX Synergy

    10036 211th St N, Forest Lake, MN 55025
  • /24

    $479,900 Custom Home

    19952 Enfield Ave N, Forest Lake, MN 55025

    • 5 Beds
    • 3 Baths
    • 2,841 Sq Ft

    Welcome home to your Forest Lake NEW CONSTRUCTION with NO HOA! Capstone Homes welcomes you to our popular Cheyenne floor plan in the amazing community of Hidden Creek! 5 beds, 3 baths and 3 stall garage. Proud of its functionality and value, this home boasts an open concept floor plan with plenty of desired features: vaulted ceilings, three stall garage, FINSHED basement, beautiful fireplace,

    Ryan Fleck Capstone Realty, LLC

    19952 Enfield Ave N, Forest Lake, MN 55025
  • /30

    $494,900 Custom Home

    19923 Enfield Ave N, Forest Lake, MN 55025

    • 5 Beds
    • 3 Baths
    • 2,714 Sq Ft

    Newport floor plan! No HOA! Amazing opportunity for you to make this new construction home in Forest Lake yours! Capstone Homes proudly presents our Newport floor plan! Not only does this home boast 5 beds, 1 office and 3 baths at an incredible value, but enthusiastically demonstrates a floor plan that is extremely functional, spacious, and unique! Home highlights include FINISHED basement, 3

    Ryan Fleck Capstone Realty, LLC

    19923 Enfield Ave N, Forest Lake, MN 55025
  • /37

    $469,900 Townhome

    20074 Fitzgerald Trail N, Forest Lake, MN 55025

    • 2 Beds
    • 2 Baths
    • 1,729 Sq Ft

    This is the very last unit available in the Head Waters Place in Forest Lake! Get it while it lasts!Enjoy convenient main level living in this brand new, slab on grade townhome, built with quality and comfort in mind. The open floor plan features vaulted ceilings and a spacious layout that includes a large kitchen, dining area, and living room.The kitchen comes fully equipped with custom

    Bruno Simic RE/MAX Results

    20074 Fitzgerald Trail N, Forest Lake, MN 55025
  • /24

    $474,900 Custom Home

    19924 Enfield Ave N, Forest Lake, MN 55025

    • 5 Beds
    • 3 Baths
    • 2,579 Sq Ft

    Welcome HOME to your NEW CONSTRUCTION home in Forest Lake! NO HOA. QUICK MOVE IN! This highly requested Primrose floor plan offers you five bedrooms and three baths with a FINSIHED walkout basement, towering vaulted ceilings, kitchen pantry, functional center island, stainless steel appliances, direct vent microwave, stone counter tops in kitchen and bathroom vanities, gas fireplace with

    Ryan Fleck Capstone Realty, LLC

    19924 Enfield Ave N, Forest Lake, MN 55025
  • /34

    $415,000 Custom Home

    6254 209th St N, Forest Lake, MN 55025

    • 2 Beds
    • 2 Baths
    • 1,402 Sq Ft

    Beautiful home in Ivy Estates. Single level living. 3 remaining lots available. Small association to maintain the lawn care and snow removal.

    Tony Janu Century Real Estate Team

    6254 209th St N, Forest Lake, MN 55025
  • /26

    $474,900 Custom Home

    4680 199th St N, Forest Lake, MN 55025

    • 5 Beds
    • 3 Baths
    • 2,579 Sq Ft

    Welcome HOME to your NEW CONSTRUCTION home in Forest Lake! NO HOA. QUICK MOVE IN! This highly requested Primrose floor plan offers you five bedrooms and three baths with a FINSIHED basement, towering vaulted ceilings, kitchen pantry, functional center island, stainless steel appliances, direct vent microwave, stone counter tops in kitchen and bathroom vanities, gas fireplace with beautiful accent

    Ryan Fleck Capstone Realty, LLC

    4680 199th St N, Forest Lake, MN 55025
  • /15

    $895,000 Lot/Land

    XXX Iverson Ave N, Forest Lake, MN 55025

    • 14.55 Acres
    • $61,512 per Acre

    Own nearly fifteen acres on the shores of Forest Lake and give every future homeowner a place on thewater. The land naturally lays out for one generous lake-front homesite with about ninety feet ofshoreline, plus two wooded upland sites on paved Iverson Avenue. The two non lake front home sites couldinclude deeded lake access with a dedicated dock slip, so every household enjoys

    Rick Clark Bridge Realty, LLC

    XXX Iverson Ave N, Forest Lake, MN 55025
  • /26

    $980,000 Lot/Land

    19680 Keystone Ave N, Columbus, MN 55025

    • 97.59 Acres
    • $10,042 per Acre

    Rare opportunity to own 97.59 gorgeous acres of land, featuring a unique blend of wooded acreage, rolling farmland, open meadow, and ponds. The rolling topography and expansive meadow naturally attract and funnel wildlife, creating an exceptional habitat for wildlife — making this a premier hunting and recreational property. Multiple potential home building sites offer the chance to create a

    Samuel Schoenborn Coldwell Banker Realty

    19680 Keystone Ave N, Columbus, MN 55025
  • /25

    $399,999 Lot/Land

    XXX Fenway Ave N, Forest Lake, MN 55025

    • 10 Acres
    • $40,000 per Acre

    Great single Family Lot on Tanners Brook Golf Course or Development Opportunity!! 10 Acres located on the NW corner of Tanners Brook Golf Course now available! Build your dream home on the picturesque single family lot with pole barn or invest into a growing community development. Development plans available upon request. Zoned multi-family up to 6 lots per acre, row-homes, detached villas.

    Andy Persby Edina Realty, Inc.

    XXX Fenway Ave N, Forest Lake, MN 55025
  • /22

    $1,500,000 Lot/Land

    14925 Hornsby St NE, Forest Lake, MN 55025

    • 20.47 Acres
    • $73,278 per Acre

    Please note: pole building & smaller garages have been removed from the property. Perfect commercial build site. Water/Sewer at the road with natural gas on site. 20.47 Acres with highvisibility and easy access. Building are being removed from the site. Outside storage is allowed at 150% of building size. I.E. if you build a 50,000 SF building you are allowed 75,000 SF of outside storage

    David Meyer RE/MAX Advantage Plus

    14925 Hornsby St NE, Forest Lake, MN 55025
  • /9

    $131,500 Lot/Land

    33x 4th Ave NW, Forest Lake, MN 55025

    • 0.39 Acre
    • $337,179 per Acre

    BRING YOUR OWN BUILDER! This lot is 1 of 4 newly created, Prime lots located in a long-established neighborhood in the City of Forest Lake. This lot is Parcel A-5 as shown on the survey. All high ground, lightly treed with mature trees, and a convenient location close to downtown, the Hardwood Creek Trail, and access to I-35.

    Steve Hursh LaBelle Real Estate Group Inc

    33x 4th Ave NW, Forest Lake, MN 55025
  • /2

    $184,900 Lot/Land

    16451 Forest Blvd N, Hugo, MN 55025

    • 4.09 Acres
    • $45,208 per Acre

    Per the City of Hugo this parcel is classified as Future Urban Service. No city water or city sewer is currently available to the site.

    Jim Walker Coldwell Banker Realty

    16451 Forest Blvd N, Hugo, MN 55025
  • /9

    $138,500 Lot/Land

    34x 3rd Ave SW, Forest Lake, MN 55025

    • 0.42 Acre
    • $329,762 per Acre

    BRING YOUR OWN BUILDER! This lot is 1 of 4 newly created, Prime lots located in a long-established neighborhood in the City of Forest Lake. The 4 lots were created from a larger parcel that has been owned by the same family for decades. This lot is Parcel A-4 as shown on the survey. All high ground, lightly treed with mature oaks and spruce, and a convenient location close to downtown, the

    Steve Hursh LaBelle Real Estate Group Inc

    34x 3rd Ave SW, Forest Lake, MN 55025
  • /12

    $219,900 Lot/Land

    XXXX Imperial Ave, Forest Lake, MN 55025

    • 6.4 Acres
    • $34,359 per Acre

    Rare opportunity to buy OPEN BUILDER acreage in Forest Lake. Just minutes to town, close to lake and freeway access. Beautiful rolling scenic build sites ready for your dream home! 3 lots will share a driveway off of Imperial ave.

    Bob Muske RE/MAX Synergy

    XXXX Imperial Ave, Forest Lake, MN 55025
  • /8

    $74,850 Lot/Land

    TBD 9th St SW, Forest Lake, MN 55025

    • 0.34 Acre
    • $220,147 per Acre

    Ready to build. Conditions completed... Financial bill-back agreement. Certificate of survey showing existing and proposed conditions. A soil test demonstrating the suitability for a structure. Evidence of ownership of the property or interest in the property and any existing deed restrictions. Plat requirements. Temporary staking of lot lines. A rare opportunity to build in one of Forest Lake’s

    Daniel Hendrickson Hendrickson Home Team LLC

    TBD 9th St SW, Forest Lake, MN 55025
  • /8

    $125,000 Lot/Land

    134 Lake St N, Forest Lake, MN 55025

    • 0.16 Acre
    • $781,250 per Acre

    Incredible Visibility and Access in Downtown Forest Lake. Great for Office or Retail uses. MU-1 Zoning District.

    Eric Katz Keller Williams Premier Realty

    134 Lake St N, Forest Lake, MN 55025
  • /24

    $699,000 Lot/Land

    TBD Forest Blvd N, Columbus, MN 55025

    • 3.03 Acres
    • $230,693 per Acre

    Great business opportunity! Great location! 34,200 vehicles pass the intersection of Hwy 8 and Hwy 61 every day! 3+ acres of land on the northeast corner of the intersection of Hwy 61 and Hwy 8 great visibility, access and traffic flow. Zoned B3---permitted uses: Restaurant, C-store/ Service Station, Retail, Office/ Medical, Taproom/ Distiller, and others or Light Industrial, Storage Units. Hwy 8

    Mike Wiltse Timber Ghost Realty, LLC

    TBD Forest Blvd N, Columbus, MN 55025
  • /18

    $155,000 Lot/Land

    7688 N Shore Trail, Forest Lake, MN 55025

    • 0.46 Acre
    • $336,957 per Acre

    Welcome to a conveniently located, buildable lot with an existing two story garage for all of your lake toys! This property comes with DEEDED ACCESS TO FOREST LAKE! Located under two miles from Public Water Access to Forest Lake, this lot presents a unique opportunity for both homeowners on the lake looking for extra storage- and those looking to move into the area. Great opportunity to own a

    Turner MacIntosh Edina Realty, Inc.

    7688 N Shore Trail, Forest Lake, MN 55025
  • /3

    $275,000 Lot/Land

    932 W Broadway Ave, Forest Lake, MN 55025

    • 0.45 Acre
    • $611,111 per Acre

    The last undeveloped lot on Broadway!!!! B-2 Highway business dist! Amazing opportunity to own a high visibility piece of ground right in the heart of Forest Lake's business district. Located on the heavily traveled West Broadway corridor, a thriving business is in the forecast with this location. Many uses would work great here. Coffee shop, restaurant, general business the list goes on and on.

    Bob Muske RE/MAX Synergy

    932 W Broadway Ave, Forest Lake, MN 55025
  • /9

    $96,000 Lot/Land

    3xx 3rd St NW, Forest Lake, MN 55025

    • 0.29 Acre
    • $331,034 per Acre

    BRING YOUR OWN BUILDER! This lot is 1 of 4 newly created, Prime lots located in a long-established neighborhood in the City of Forest Lake. The 4 lots were created from a larger parcel that has been owned by the same family for decades. This Lot is Parcel A-3 as shown on the Survey, entirely high ground with a nice mix of mature trees, a convenient location close to downtown, the Hardwood Creek

    Steve Hursh LaBelle Real Estate Group Inc

    3xx 3rd St NW, Forest Lake, MN 55025
  • /26

    $195,000 Lot/Land

    TBD Karoline Ct N, Forest Lake, MN 55025

    • 0.83 Acre
    • $234,940 per Acre

    Introducing TBD Karoline Court N, Forest Lake, Minnesota - the last OPEN BUILDER, WOODED WALKOUT LAKEVIEW LOT in Forest Hills Farm! Build your dream home in the highly-desired lakeshore community of Forest Hills Farm. Residents benefit from the beautiful community walking paths and a fantastic lakeside beach area where you can swim, fish, or boat/canoe/kayak. This lot does NOT include a boat slip

    Lauren Janoski Coldwell Banker Realty

    TBD Karoline Ct N, Forest Lake, MN 55025
  • /7

    $1,995,000 Lot/Land

    9613 145th Ave NE, Forest Lake, MN 55025

    • 34.62 Acres
    • $57,626 per Acre

    34+ acres prime development land for industrial / light manufacturing / office in Columbus just off Hwy 35E. House on property can be removed. City water/sewer at road.

    Scott Kragness Metro East Commercial Real Estate

    9613 145th Ave NE, Forest Lake, MN 55025
  • /30

    $750,000 Lot/Land

    XXX Scandia Trail N, Forest Lake, MN 55025

    • 29.5 Acres
    • $25,424 per Acre

    Spanning 29.5 acres of raw land, this unique property offers a mix of rolling hills, mature trees, andlowland terrain—perfect for those seeking privacy, recreation, or future development potential. Open toany builder, with the city willing to review development plans, this site provides exceptionalflexibility and opportunity. Conveniently and centrally located in town, you’ll enjoy

    Tracy Shalander LPT Realty, LLC

    XXX Scandia Trail N, Forest Lake, MN 55025

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Forest Lake, MN usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Forest Lake, MN hold their value?
Yes, especially in fast-growing areas of Forest Lake, MN. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Forest Lake, MN

Housing Trends

Median Sale Price
$425,000
Median Single Family Sale Price
$450,000
Median Townhouse Sale Price
$281,000
Average Price Per Sq Ft
$223
Number of Homes for Sale
62
Last 12 months Home Sales
333
Months of Supply
2.20
Median List Price
$430,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%

Popular Homebuilders in Forest Lake, MN

There are 1 homebuilders developing in new home communities in Forest Lake, MN.

Builder Communities Average List Price
Lennar 1 $355,164
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