$580,000
PENDING

7720 242nd St Forest Lake, MN 55025

Estimated payment $3,798/month

Total Views 7,347
3 Beds
3 Baths
2,917 Sq Ft
$199 Price per Sq Ft

Highlights

  • Beach Access
  • Home fronts a pond
  • Deck
  • Chisago Lakes Primary Elementary School Rated A-
  • 49,658 Sq Ft lot
  • Family Room with Fireplace

About This Home

Custom built rambler on a premier 1.14 acre lot surrounded by ponds, wetlands and wildlife. Every detail has been carefully designed by the owners and meticulously maintained. The covered front porch welcomes you to this truly custom and beautiful home. Enjoy lazy days and complete privacy! The front porch overlooks both the front yard and wetlands. It's peaceful and quiet! Step inside to the large foyer with luxury vinyl plank flooring throughout the main level. Every cook will love this kitchen! Huge granite center island is amazing for food preparation! The informal dining room leads to the custom maintenance free deck. The deck features plenty of space for entertaining plus a "kick out" for grills and smokers. Main floor great room with shiplap wall and stacked stone fireplace is both beautiful and cozy. Main floor's primary suite has an amazing private bathroom that leads to the huge walk-in closet that leads right to the laundry room-smart design and very practical! The main floor also features a second bedroom/office plus a fantastic mudroom. The owners completed the lower level and it is a knockout! Brand new carpet throughout, beautiful 3/4 tiled bathroom, huge family room with wood accent wall and wet bar, phenomenal storage space and utility room with on demand water heater + 40 gallon water heater so you never run out of hot water, sump pump, passive radon system, whole house steam humidifier, UV light in furnace.
The outside space will be your favorite place to be this summer! Walkout from the lower level to the custom stamped concrete patio, gorgeous backyard with pond views and wetlands. It's truly a private oasis with wildlife galore! Custom walkway from the garage to the backyard with a beautiful retaining wall and landscaping. Don't miss the extra large garage! Easily room for 4 cars or 3 cars plus a boat or riding lawn mower. Epoxy flooring, irrigation system, floor drains. Garage is both insulated and radiant heated. Every detail has been attended to. This gem is move-in ready and in like-new condition. Call to schedule your showing today!

Listing Agent

Gregory Weinberger

RE/MAX Results Listed on: 05/30/2025

RE/MAX Results

Co-Listing Agent

Jacob Schoenberger

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,364

Year Built

  • Built in 2019

Lot Details

  • 1.14 Acre Lot
  • Lot Dimensions are 164x280x180x294
  • Home fronts a pond

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Insulated Garage

Home Design

  • Shake Siding

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Storage Room
  • Utility Room
  • Utility Room Floor Drain

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • Natural lighting in basement

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Beach Access
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Iron Water Filter
  • Water Filtration System
  • Shared Water Source
  • Well
  • Shared Septic
  • Cable TV Available

Community Details

  • Association fees include professional mgmt, sewer
  • Gaughan Association, Phone Number (612) 238-4400
  • Liberty Ponds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 211071733

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,364

Year Built

Built in 2019

Lot Details

0

HOA Fees

$190 per month

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Shared System, Well
  • Fee Frequency: Monthly
  • Year Built: 2019
  • Above Grade Finished Sq Ft: 1687
  • Water Body Name: Unnamed Lake
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Concrete, Storage Space, Sump Basket, Sump Pump, Tile Shower, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Water Filtration System, Iron Filter, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 2917
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1230
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Great Room, Dining Room, Bedroom 1, Bedroom 2, Deck, Laundry, Mud Room, Foyer, Family Room, Bar/Wet Bar Room, Bedroom 3, Office, Storage, Utility Room, Porch

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PatioPorchType: Composite Decking,Covered,Deck,Front Porch,Patio
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Floor Drain, Finished Garage, Heated Garage, Insulated Garage
  • Garage Square Feet: 792

Utilities

  • Heating: Forced Air
  • Sewer: Shared Septic
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt, Sewer
  • Phone: 612-238-4400
  • Association Fee: 190
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Porch,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Gaughan Association

Schools

  • Junior High Dist: Forest Lake
  • SchoolDistrictNumber: 831
  • SchoolDistrictPhone: 651-982-8103

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 164x280x180x294
  • Lot Size Sq Ft: 49658.4
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Shake Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 211071733
  • Tax Annual Amount: 6364
  • TaxWithAssessments: 6364.0000

Multi Family

  • WaterfrontFeatures: Pond

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $6,368 $497,300 $85,800 $411,500
2022 $7,044 $517,400 $85,700 $431,700
2021 $6,958 $452,300 $0 $0
2020 $706 $444,500 $74,600 $369,900
2019 $1,390 $0 $0 $0
2018 $1,254 $0 $0 $0
2017 $1,308 $0 $0 $0
2016 $1,076 $0 $0 $0
2015 $870 $0 $0 $0
2014 -- $25,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $580,000 -- $199 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $428,776 --
Deed $95,000 --
Foreclosure Deed $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $95,000 No Value Available
Previous Owner -- No Value Available
Previous Owner $1,425,500 Unknown
Source: Public Records

Similar Homes in Forest Lake, MN

  • 7350 233rd St N, Forest Lake, MN 55025

    $535,000

    • 2 Beds
    • 2 Baths
    • 1,604 Sq Ft
    • 7350 233rd St N
    • Forest Lake, MN

    Nestled among the trees with wetlands as a backdrop is this charming one story home. After front porch sitting, come on in and enjoy the open floor plan. Kitchen boasts solid surface counters, a breakfast island with storage, custom cabinets and a walk-in pantry. Living room features soaring ceilings and a gas burning fireplace. Primary suite has an extensive walk-in closet and private 3/4

    Christy Joyer Keller Williams Premier Realty

    Section Image
  • 7850 242nd St, Forest Lake, MN 55025

    $545,000

    • 3 Beds
    • 3.5 Baths
    • 3,133 Sq Ft
    • 7850 242nd St
    • Forest Lake, MN

    Welcome home to this beautiful two story located in Liberty Ponds in Forest Lake. The first thing you will notice is the front porch inviting you to sit, relax and enjoy a cup of tea to unwind the day. Entering the front door you will notice the open layout. The living room has plenty of space for your furniture and extra space to have a sitting/reading area next to the window. The open kitchen

    Jacob Schoenberger RE/MAX Results

    Section Image
  • 24000 Helium Ct, Forest Lake, MN 55025

    $625,000

    • 4 Beds
    • 2.5 Baths
    • 3,321 Sq Ft
    • 24000 Helium Ct
    • Forest Lake, MN

    This house checks all the boxes! Built in 2017 and move in ready. 1.32 acres. Private culdesac. Quiet neighborhood. Inside boasts a smart, convenient layout. The main level is open and bright, loaded with windows and scenic backyard views. Granite counters, large island, walk in pantry, and SS appliances highlight the luxurious kitchen. Seamless transition to the living/dining space. The level

    Michael Fuchs Coldwell Banker Realty

    Section Image
  • 7500 244th St, Forest Lake, MN 55025

    $524,900

    • 4 Beds
    • 3 Baths
    • 2,839 Sq Ft
    • 7500 244th St
    • Forest Lake, MN

    Step into effortless main-level living in this beautifully maintained rambler that blends comfort, style, and functionality. With 4 spacious bedrooms and thoughtfully designed living spaces, this home is made for both relaxed day-to-day living and unforgettable gatherings.At the heart of the home is a open main floor, amazing family room with rich natural light, and two cozy gas

    Jacob Olson eXp Realty

    Section Image
  • 6567 N Shore Trail, Forest Lake, MN 55025

    $619,900

    • 2 Beds
    • 2 Baths
    • 1,550 Sq Ft
    • 6567 N Shore Trail
    • Forest Lake, MN

    Enjoy lakeshore living with quick access to the Twin Cities! Just 30 miles from Minneapolis and 1 mile from downtown Forest Lake’s shops, restaurants, and boat launch. This ranch-style home sits on a level lot with 50 ft of private shoreline on Lake 1, known for its shallow, sugar-sand bottom—perfect for swimming. Enjoy year-round activities like boating, fishing, snowmobiling, and ice fishing.

    Greg Lawrence HomeAvenue Inc

    Section Image
  • 22760 Imperial Ave N, Forest Lake, MN 55025

    $584,900

    • 4 Beds
    • 3.5 Baths
    • 2,884 Sq Ft
    • 22760 Imperial Ave N
    • Forest Lake, MN

    Welcome to this beautiful two-story walkout located in a well-connected neighborhood near parks, trails and everyday amenities. Enjoy the rare combination of convenience and privacy-with a backyard that boarders a protected national wildlife area for uninterrupted natural views and added tranquility.Step inside to an open modern layout featuring high ceilings, large windows and thoughtful

    Megan Kenny RE/MAX Synergy

    Section Image
  • 956 10th Ave SE, Forest Lake, MN 55025

    $565,000

    • 4 Beds
    • 2 Baths
    • 2,036 Sq Ft
    • 956 10th Ave SE
    • Forest Lake, MN

    Lakefront Serenity with Breathtaking Views – A Rare Gem! Welcome to your private oasis on a quiet, secluded bay and quiet dead-end street! This beautifully maintained four-bedroom, two-bath home offers everything you've been dreaming of – from stunning water views to modern updates and expansive outdoor living including great gardening space. Situated on a .42-acre lot along a peaceful, private

    Karl Scherman Keller Williams Classic Rlty NW

    Section Image
  • 21951 Iden Avenue Cir N, Forest Lake, MN 55025

    $675,000

    • 4 Beds
    • 3 Baths
    • 2,700 Sq Ft
    • 21951 Iden Avenue Cir N
    • Forest Lake, MN

    Welcome to lakeshore living at its finest on Forest Lake! This nicely maintained home offers 70 feet of private channel lakeshore, perfect for easy water access without ever needing to move your dock. Located in the highly desirable Pioneer Point neighborhood, this home combines the tranquility of lakeside life with a welcoming neighborhood feel.Enjoy sweeping lake views throughout the

    Tiffany Larson Keller Williams Classic Realty

    Section Image
  • 21857 Iden Avenue Place N, Forest Lake, MN 55025

    $550,000

    • 5 Beds
    • 3 Baths
    • 2,049 Sq Ft
    • 21857 Iden Avenue Place N
    • Forest Lake, MN

    Tucked away at the end of a peaceful cul-de-sac in Pioneer Point, this beautifully updated and turnkey home is a dream for anyone who loves lake life. Located on Simmons Point with deeded lake access, a shared dock, and day slip privileges, you’ll enjoy summers on the water and easy winter access for ice fishing—the best of both worlds! Pioneer Point offers the ability to reserve your own slip as

    Molly Burns First Select

    Section Image

Source: NorthstarMLS

MLS Number: 6730073

NorthstarMLS

APN: 21-10717-33