24301 Forest Drive, Lake Zurich, Illinois 60047
- $460,000
- 3
- BD
- 2
- Full Baths
- 1
- Half Bath
- 1,800
- SqFt
- Sold Price
- $460,000
- List Price
- $450,000
- Closing Date
- May 29, 2026
- MLS#
- 12600327
- Status
- CLOSED
- Type
- Single Family Residential
- Subtype
- Residential
- Bedrooms
- 3
- Bathrooms
- 3
- Living Area
- 1,800
- County
- Lake
- City
- Lake Zurich
- Neighborhood
- Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
- Days On Market
- 4
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.
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Additional Information
- School District
- 95
- Corporate Limits
- Lake Zurich
- Tax Year
- 2024
- Tax Exemptions
- Homeowner, Senior
- Tax Amount
- $7,295
- Assessment Association Dues
- 150
- Frequency
- Annually
- Exterior Property Features
- Balcony
- Exposure
- South
- Lot Dimensions
- 100x170
- Lot Size Range
- .25-.49 Acre
- Waterfront
- Yes
- Garage Spaces
- 2
- Parking Spaces
- 6
- Parking Details
- Asphalt, Yes, Garage Owned, Detached, Owned, Garage
- Air Conditioning
- Central Air
- Heating
- Natural Gas
- Sewer
- Public Sewer
- Full Baths
- 2
- Half Baths
- 1
- Basement
- Yes
Mortgage Calculator
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