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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 5/5/2026 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Hawthorn Woods / Lake Zurich / Kildeer / Long Grove |
| GARAGE SPACES | 2.0 | COUNTY | Lake |
| STATUS | Conditional | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Hawthorn Woods / Lake Zurich / Kildeer / Long Grove |
| BASEMENT | Concrete, Exterior Entry, Full, Partially Finished, Walk-Out Access, Walk-Up Access, Yes |
| CONSTRUCTION | Aluminum Siding |
| EXTERIOR | Balcony |
| GARAGE | Yes |
| HEAT | Natural Gas |
| HOA DUES | 150 |
| LOT | 0 |
| LOT DIMENSIONS | 100x170 |
| PARKING | Asphalt, Detached, Garage |
| SEWER | Public Sewer |
| TAXES | 7295 |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Well |
| WATERFRONT | Yes |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Baird & Warner
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Copyright 2026 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.