24301 Forest N Drive Lake Zurich IL 60047 MLS #MRD12600327

MLS #MRD12600327 image #0
Exceptional opportunity to own direct lakefront property on Forrest Lake in Lake Zurich offering flexibility for renovation, new construction, or development potential. Situated on two combined lots totalling approximately 0.341 acres, this 3-bedroom, 3-bath ranch home with walkout basement presents expansive water views and the rare advantage of a dual-lot configuration on a private lake setting. Positioned on the north end of Forrest Lake, the property benefits from southern sun exposure throughout the day, enhancing natural light and maximising enjoyment of the waterfront setting. Located on the wider open portion of the lake, the property captures both sunrise and sunset views, creating a peaceful lakefront environment ideal for year-round living or a private retreat. The property includes direct lake frontage with private pier, providing convenient access to the water for a variety of recreational activities. Forrest Lake is a no-wake lake allowing idle-only boating, supporting a quiet atmosphere ideal for kayaking, paddleboarding, fishing, and relaxing along the shoreline. The existing single-family ranch home features a walkout basement and detached 2.5-car garage, offering a functional starting point for those looking to update, expand, or re imagine the property. The presence of two legal lots creates a unique opportunity that is difficult to replicate within established lakefront communities. Buyers may consider renovating the current home, building a custom lakefront residence, or exploring development possibilities that take advantage of the lot configuration and desirable location. Lakefront land opportunities with this level of flexibility are limited. Conveniently located less than five minutes from downtown Lake Zurich and near the shopping, dining, and amenities of nearby Kildeer, the property offers both privacy and accessibility. This location allows residents to enjoy the benefits of lake living while remaining close to everyday conveniences.Whether seeking a custom lakefront estate, private waterfront retreat, or investment opportunity, this Forrest Lake property presents significant potential in a desirable Lake Zurich location.

Property Details

Price:
$450,000
MLS #:
MRD12600327
Status:
Active Under Contract
Beds:
3
Baths:
3
Type:
Single Family
Neighborhood:
hawthornwoodslakezurichkildeerlonggrove
Listed Date:
May 1, 2026
Finished Sq Ft:
1,800
WaterfrontCommunity Club HouseHawthorn Woods / Lake Zurich / Kildeer / Long GroveHawthornwoodslakezurichkildeerlonggrove

Schools

School District:
95

Interior

Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Heating
Natural Gas

Exterior

Community Features
Clubhouse, Lake, Dock, Water Rights
Construction Materials
Aluminum Siding
Exterior Features
Balcony
Garage Spaces
2
Parking Features
Asphalt, Yes, Garage Owned, Detached, Owned, Garage
Parking Spots
6
Parking Total
6
Patio And Porch Features
Deck
Roof
Asphalt

Financial

HOA Fee
$150
HOA Fee Frequency
Annually
HOA Includes
Lake Rights
Tax Year
2024
Taxes
$7,295

Listing Agent & Office

Janelle Vik
Baird & Warner

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