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173 1st Street NE

Forest Lake, MN 55025

2 beds
1 bath
1,059 sqft
~1 acre lot
$287 per sqft
1983 build
– on site

Life on the lake and life in town. Both! And no lake work. Enjoy coffee and sunrises from your own deck or the porch on the lake with easy stair access down to the beach. Don't miss this chance to enjoy beautiful Forest Lake without all the work and maintenance that normally comes with lake life! A great home or weekend lake home. It could be your no-maintenance cabin that is so close to the Twin Cities! Association dock allows easy access to the water with the option to have a boat slip for a nominal fee. Adjacent to beautiful Lakeside Park and Forest Lake Beach. Walk to shops and restaurants nearby. And it's only a short drive to I-35 for easy freeway access and more shopping and restaurants. Condo features two bedrooms, one full bath, a cozy wood burning fireplace, and relaxing views of the lake. The vaulted ceiling creates an open and spacious feel. The view from the deck is breathtaking. Laundry is conveniently located in the unit. A locked storage unit in the basement holds all your boat toys and seasonal furniture. Modestly priced lake life waits for you!

Listing courtesy of NORTHSTAR / Ruth Bittner / Bridge Realty, LLC

Last checked: Checking… • Last updated Jun 7, 2025 •

MLS# 6727624 —

The Building

Year Built:

1983
New Construction:

false
Age Of Property:

42
Construction Materials:

Vinyl Siding
Accessibility Features:

Grab Bars In Bathroom
Levels:

One and One Half
Main Level Finished Area:

492.0000
Basement:

Block
Basement:

true
Foundation Area:

1059
Manufactured Home:

No
Building Area Total:

1059
Above Grade Finished Area:

1059

Interior

Dining Room Description:

Informal Dining Room
Fireplace:

true
Fireplaces Total:

1
Fireplace Features:

Wood Burning
Amenities:

Dock,Primary Bedroom Walk-In Closet,Boat Slip

Room Dimensions

Living Area:

1059

Location

Directions:

North on I-35 to exit 131. Travel east on West Broadway. At roundabout, travel north on 1st st NE. Right turn on West Bay Condominiums.
Latitude:

45.281137
Longitude:

-92.983108

The Property

Parcel Number:

0803221110015
Zoning Description:

Residential-Multi-Family,Residential-Single Family
Property Type:

Residential
Property Subtype:

Low Rise
Property Attached:

true
Additional Parcels:

false
Lot Size Area:

1.07
Lot Size Dimensions:

NA
Lot Size SqFt:

46609.2
Lot Size Units:

Acres
View:

East
Lake Chain:

N
Lake Acres:

2270
Lake Depth:

37
Water Body Name:

Forest
Waterfront Slope:

Gradual
Road Between Waterfront and Home:

No
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

2907
Tax With Assessments:

2910.0000

Beds

Bedrooms Total:

2

Baths

Total Baths:

1
Bath Description:

Upper Level Full Bath
Full Baths:

1

Heating & Cooling

Heating:

Baseboard
Cooling:

Wall Unit(s)

Utilities

Sewer:

City Sewer/Connected

Appliances

Appliances:

Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Schools

High School District:

Forest Lake

The Community

Subdivision Name:

Condo 48 West Bay Condo
Waterfront:

true
Waterfront Features:

Association Access, Dock, Lake Front, Lake View, Shared
Association:

true
Association Amenities:

Beach, Boat Slip, Dock
Association Name:

Cedar Management
Association Fee:

443
Association Fee Includes:

Beach Access, Maintenance Structure, Dock, Lawn Care, Maintenance Grounds, Parking, Snow Removal
Association Fee Frequency:

Monthly
Assessment Pending:

No

Parking

Parking Features:

Assigned, Guest Parking, Tuckunder Garage
Parking Open:

1
Garage Spaces:

1
Garage Dimensions:

21 x 10
Garage SqFt:

208

Monthly cost estimate

Asking price

$304,000

Expense	Monthly cost
Mortgage	$1,627
Taxes	$242
Insurance	$83
HOA fees	$443
Utilities	$119 See report
Total	$2,514/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
6/7/25 Jun 7, 2025	Listed / Active	NORTHSTAR	$304,000

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This condo located in Forest Lake, MN 55025 is currently for sale for $304,000. 173 1st Street NE is a 1,059 square foot condo with 2 beds and 1 bath that has been on Estately for 0 days. This condo is in the attendance area of Forest Lake Elementary School, Forest Lake Area High School, and Century Junior High School.

Listing Courtesy of: NORTHSTAR and Bridge Realty, LLC.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.