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21463 Iverson Avenue N, 
Forest Lake, MN 55025

$400,000


1

Bed


1

Bath


1,106

Sq Ft


Single Family

Pending

Listed by

Shawn D. Korby

Keller Williams Integrity Realty

651-203-1700

Last updated:

October 15, 2025, 08:01 AM

MLS#

6800191

Source:

NSMLS

About This Home

21463 Iverson Avenue N

Welcome to Lake Living! Here’s your chance to own 69' of shoreline on beautiful Forest Lake—one of the metro area’s most desirable recreational lakes. The home features newer siding, a newer garage door and opener, new drain tile and pump station in the basement, plus a recently installed furnace and water heater. While the property needs significant updating and renovation, it presents an incredible opportunity for investors, builders, or handy buyers to unlock its full potential. The solid mechanical updates and premium lakeshore setting provide a strong foundation for your vision—whether that’s a remodel, addition, or complete rebuild. Enjoy boating, fishing, and paddleboarding right from your backyard, or walk to nearby restaurants, shops, and events in downtown Forest Lake. Convenient access to I-35 makes commuting to the Twin Cities a breeze. Rarely do lakeside properties with this much upside potential hit the market—don’t miss your chance to create lasting value on Forest Lake!

Home Facts

Single Family

1 Bath

1 Bedroom

Built in 1935

Price Summary

400,000

$361 per Sq. Ft.

MLS #:

6800191

Last Updated:

October 15, 2025, 08:01 AM

Added:

8 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,106 Sq. Ft.


Structure

Structure

Building Area:

1,106 Sq. Ft.

Year Built:

1935


Lot

Lot Size (Sq. Ft):

9,583


Finances & Disclosures

Finances

Price:

$400,000

Price per Sq. Ft:

$361 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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