Mikhaele Howell
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24301 Forest Drive N, Lake Zurich, IL 60047

$450,000
  • 24301 Forest Drive N, Lake Zurich, IL 60047 Main Photo

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New
BEDS3 BATHS2 full 1 partial SQUARE FEET1,800 MLS#12600327
STATUSNew PROPERTY TYPEResidential - Single Family SCHOOLDistrict 95

Property Description

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.

24301 Forest Drive N | MLS# 12600327

This single family home located at 24301 Forest Drive N, Lake Zurich, IL 60047 is currently listed for sale with an asking price of $450,000. This property has 3 bedrooms and 2 full and 1 partial baths with 1800 sq. ft. Forest Drive N is located within the District 95 school district. Search Lake Zurich real estate on mhowell.gogambino.com today.

Property Features

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 Sizes

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

Local Schools

School District: District 95

Listed By / Shown By

Listed By

Agency Name: Baird & Warner
Agency Phone: 630-377-1855

Shown By

Agent Name: Mikhaele Howell
Agent Phone: (815) 871-6787
Agency Title: Gambino Realtors

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Estimated Payment

$ 2,783.21 per month $2,044.04 Principal & Interest $607.92 Property Tax $131.25 Homeowner's Insurance

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