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24301 Forest Drive

Lake Zurich, IL 60047
Directions
$450,000
3beds
2.5baths
1,800sqft
Anything from "is it priced right?" to "what's the catch?"

About this home

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.
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential
Age band31-40 Years
Bathrooms2 full + 1 half
Garage spaces2
Total parking6
Lot dimensions100x170
AreaHawthorn Woods / Lake Zurich / Kildeer / Long Grove
Bedrooms (total)3
Annual tax$7,295
First listedMay 1, 2026
Parcel #14104130010000
CountyLake
MLS #MRD12600327
Days on market2
Photos26

Features

Heating
Natural Gas
Cooling
Central Air
Parking
AsphaltYesGarage OwnedDetachedOwnedGarage
Construction
Aluminum Siding
Patio / porch
Deck
Sewer
Public Sewer
Listed by
Baird & Warner
Janelle Vik · 224-277-0687

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 5/2/2026, 9:16:04 PM. All data should be independently verified.

$450,000
3 bd · 3 ba · 1,800 sqft
You + your agent

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