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Land with Home for Sale in Forest Lake, Minnesota

23245 Itasca Ave N, Forest Lake, MN 55025

$925,000
5.15 acres
Active sale
ago
Est $5,116/mo

Welcome to Waters Edge Preserve—where over 5 acres, high-end craftsmanship, and protected privacy come together in one unforgettable Forest Lake setting. With unbuildable land behind the home, you get the quiet, tucked-away feel everyone craves—plus wildlife, peaceful pond views, and magical sunrises and sunsets. All of this just minutes to downtown Forest Lake and 3 miles to the nearest public boat launch.

This luxury 5BR/4BA home delivers the space you need and the architectural details you want. The custom kitchen is designed for real life with large dual wall ovens, Wolf cooktop, new quartz countertops, under-cabinet lighting, and a generous prep space. The butler's pantry seamlessly doubles as a dedicated household command center to keep daily operations effortlessly organized. A hidden scullery near the lower-level wet bar adds extra storage and a utility sink—perfect for larger gatherings, catering set-up, or hobby projects.

The hearth room is the heart of the home—vaulted ceilings with knotty alder wood beams, custom built-ins, a statement stone wood-burning fireplace, slate flooring, and walls of Andersen windows that pull the outdoors in.

Upstairs, the primary suite is a true retreat with professionally designed closet systems in both closets, spa-like comfort in the bathroom including a jetted tub, heated lamp, and upgraded shower ventilation. The mudroom and laundry area is built for Minnesota living, featuring custom maple lockers to store boots and gear for every season. Heated porcelain floors, an upgraded utility sink, and a slate shower make cleanup comfortable and effortless. The lower level is built for both fun and wellness. The knotty alder bar with granite counters framed by stone accents is a showstopper. Dimmable lighting, built-in speakers, and a stone gas fireplace set the perfect ambiance for movie nights — and the TV stays. Your wellness retreat begins in the dedicated gym — complete with heated floors — and ends with a rejuvenating steam shower in the lower level bath, which also provides heated flooring. Need a quiet place to focus? The lower level includes a dedicated office with a built-in waterfall granite desk and built-in knotty alder enclosed bookshelves. A huge storage area and a deep freezer that stays—perfect for Costco runs, holiday hosting, and everything that comes with acreage living. The outdoor spaces are impressive — with two maintenance-free decks (including space for dining and grilling), a pergola, and an impressive decorative aggregate concrete patio wired for a hot tub. Established apple and pear trees, plus a huge, enclosed garden with irrigation already in place, round out the lifestyle. Dual furnace/boiler system, Bryant heat pump, UV air purifier, reverse osmosis system, and ADT commercial security system complete this executive home.

4,779
Sq feet
5
Beds
2
Full baths
1
3/4 bath
1
1/2 bath
1998
Built

Location

Street address
23245 Itasca Ave N
Zip code
55025
Community
Waters Edge Preserve
Elevation
904 feet
Coordinates
45.2846, -92.9329

Directions

HWY 35, exit West on Hwy 8, R on Greenway Ave N, L on N Shore Trail N, L on 235th St N, N on Itasca Ave N, Home down on the left.

Property details

Acreage
5.148 acres
Zoning
Residential-Single Family
MLS #
RMLS 6820800
Posted

Property taxes

2026
$8,148

Parcels

  • 0203221340008

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Driveway, Garage, Garage-Attached
Features
Brick/Stone, Stucco, Vinyl

Structure

Heating
Fireplace(s), Forced Air, Heat Pump, Hot Water, Zoned
Cooling
Central Air
Materials
Block
Roof
Asphalt, Shingle

Interior

Room Count
14
Rooms
Bathroom x 4, Bedroom x 5
Fireplaces
Yes
Appliances
Cooktop, Dishwasher, Dryer, Freezer, Microwave, Oven-Double, Refrigerator, Vacuum System, Washer, Water-Softener

Listing history

DateEventPriceChangeSource
May 27, 2026New listing$925,000RMLS
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This 5.148-acre property is located at 23245 Itasca Ave N in Forest Lake, MN 55025. The property is available for sale for $925,000. It has a 4,779 sq ft 5 bedroom, 2 bath house built in 1998.

Listed by eXp Realty, (612) 751-9303

Checked 2 hours agoUpdated Source

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