Yesterday I shared a few of the amazing deals on lakeshore homes I saw listed in Anoka County. It seems that whenever I search the MLS in the north Twin Cities metro, I find some incredible deal on lakeshore. After years where lake homes were priced out of reach of the average homebuyer, now they are amazingly affordable.
Our local and national news outlets have been talking about the comeback in the housing market over the past few weeks. And, there are some homes in some areas are starting to sell again. Yet, lakeshore properties are not flying off the proverbial shelves like other homes. This means there are tremendous opportunities out there if you want to own a lakeshore property in the north and east Minneapolis/St Paul metro area.
Out of the hundreds of homes on the market in the Twin Cities there are only a few real bargains. If you are considering buying a lakehome now, there are many good options in Washington County.
This might be your very first lake home purchase. As a first time lakeshore buyer, it may be hard to tell whether a deal is good or not. As a REALTOR® who specializes in acreage and lakeshore throughout Forest Lake, Birchwood, Mahtomedi and Scandia, as well as surrounding communities, I try to assess which properties are the best potential deals. As of today there are 116 lake front homes actively listed in Washington County. From Forest Lake to White Bear Lake, there are not only affordable options, there are some very well priced properties! Though these homes are not my listings, I wanted to share a few lakeshore homes that really stood out to me as good buys in Washington County. All of these homes are being sold by traditional sellers so any lakehome buyer would be able to close quickly and be in their affordable lakehome before the snow flies!
Lakeshore Deals in Washington County
WHITE BEAR LAKE (Birchwood Village) 3500 sq ft, totally remodeled home w/granite counters, master suite, game room and 50+ft beautiful shoreline. $645K list price is more than $180K less than taxed value.
SYLVAN LAKE in Forest Lake 3BR/2BA rambler features 2 story boat house and 65+ foot shoreline. Price drop of over $30,000 since first listed. Now $179,900.
FOREST LAKE (1ST Lake) Centrally located townhome w/access to association dock. 2BR/2BA and 2Stall Garage Priced has dropped $28K since July to $249.9K
FOREST LAKE (1st Lake Bay) Awesome lake views and park-like yard. 3BR/2BA one level lakehome with huge 3 stall garage. Priced $50K under taxed value. Asking $279K.
FOREST LAKE (2nd Lake) Over an acre yard and deeded access to 75ft shoreline! 3000+ Sq Ft 5BR/3BA rambler completely remodeled w/NEW kitchen & furnace. Just listed at nearly $40K under taxed value at $334,900.
FOREST LAKE (1st Lake) 80 ft of shoreline on Forest Lake’s 1st Lake! 3000+ Sq Ft 3BR/3BA beautifully remodeled, modified 2 storyw/NEW kitchen & master suite. Priced at $419,900…nearly $70,000 under tax value!
FOREST LAKE (3rd Lake) 2006 built 2story with over 80 ft of shoreline! 2100+ Sq Ft 3BR/3BA custom built home with in-floor heat. Listed at $58K under tax value at $450K.
LAKE ELMO Classic bungalow with 2BA/2BR and mother-in law apt. 1200 square ft lakehome is just $299.9K. A $50K price drop since listed in May!
WHITE BEAR LAKE (Mahtomedi) 3BR/3BA rambler. Remodel makes in a perfect summer lake cabin or year-round home. Listed at $480,000 $50K less than taxed value.
BONE LAKE Scandia area 3BR/2BA treasure on 75ft shore. Updated w/cherry cabinetry, granite counters & master suite. Price drop of $40,000 since first listed. Now $309,900.