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24301 Forest Drive N Lake Zurich, IL 60047

$450,000
New / MLS# 12600327 / Residential - Single Family / Lake Zurich
3 Beds
2 Baths
1 Half Bath
1800 SqFt

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.

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Baird & Warner John Lyons 773.558.7133 Email

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Estimated Payment

$ 1,751.67 per month $1,000.00 Principal & Interest $607.92 Property Tax $131.25 Homeowner's Insurance $13 HOA Fee
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Property Details

Property Type: Residential - Single Family
Basement: Partially Finished, Exterior Entry, Concrete, Rec/Family Area, Walk-Up Access, Full, Walk-Out Access
Basement: Yes
Cooling: Central Air
Garage: 2
Heating: Natural Gas
Lot Size: 0.39 Acres
Roof Type: Asphalt
Taxes: $7,295

Feature Descriptions

Additional rooms: Bonus Room
Association Includes: Lake Rights
Exterior: Aluminum Siding
HOA Fee: 150/ Annually
Lot Dimensions: 100x170
Parcel#: 14104130010000
Parking: Asphalt, Yes, Garage Owned, Detached, Owned, Garage
Sewer: Public Sewer
Total Rooms: 7
Township: Ela
Water: Well

Room Information

Bonus Room: 10X15
Bedroom 2: 10X12
Bedroom 3: 10X10
Dining Room: 20X25
Kitchen: 13X18
Living Room: 20X25
Primary Bedroom: 12X12

Schools

School District: District 95

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

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