24301 North Forest Drive, Lake Zurich, IL 60047
Direct Lakefront Property on Forrest Lake with Development Potential
24301 North Forest Drive is a rare direct lakefront property on Forrest Lake in Lake Zurich, Illinois offering two combined lots totaling approximately 0.341 acres. The property features a 3-bedroom ranch home with a walkout basement, private pier, and expansive water views positioned on one of the wider sections of the lake.
Located on the north side of Forrest Lake, the lot benefits from consistent southern sun exposure, allowing natural light to reflect across the water throughout the day while capturing both sunrise and sunset views across the open portion of the lake.
This property presents an opportunity for renovation, new construction, or redevelopment within an established lakefront setting.
Status: Active
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Property Overview
Price: $450,000
Bedrooms: 3
Bathrooms: 3
Property Type: Single-Family Ranch
Approximate Square Footage: 1,800 sq ft
Lot Size: Approximately 0.341 acres (combined lots)
Garage: Detached 2.5-Car Garage
Basement: Full Walkout Basement
Waterfront: Direct frontage on Forrest Lake with private pier
County: Lake County
The combination of two legal lots and direct lake frontage creates flexibility that is uncommon within established waterfront communities.
Key Facts at a Glance
• Direct lakefront location on Forrest Lake
• Two combined legal lots totaling approx. 0.341 acres
• Ranch home with walkout basement
• Private pier with direct water access
• Positioned on the north side of the lake with southern exposure
• Located on the wider portion of the lake
• Detached 2.5-car garage
• Less than 5 minutes to downtown Lake Zurich
• Nearby shopping and dining in Kildeer
Lakefront Living on Forrest Lake
Forrest Lake is a private, no-wake lake that supports a quieter waterfront environment. Idle-only boating contributes to a calm setting suitable for activities such as kayaking, paddleboarding, fishing, and enjoying the shoreline.
Properties located on wider portions of the lake often benefit from more open views and enhanced sun exposure throughout the day.
The orientation of this property allows for natural light across the water and views that change throughout the seasons.
Direct water frontage combined with a private pier creates convenient access to the lake while supporting flexibility for recreational use.
Existing Home Features
The current residence is a single-story ranch home with a walkout basement, providing a functional starting point for those considering updates or future expansion.
Key structural characteristics include:
• Ranch-style layout with main-level living
• Walkout basement providing access to outdoor space
• Three bedrooms and three bathrooms
• Detached 2.5-car garage
• Positioned to take advantage of lake views
The layout allows for a variety of approaches depending on long-term goals for the property.
Development and Customization Potential
Properties offering two legal lots on a private lake are relatively limited.
Potential considerations for buyers may include:
• Renovating the existing home
• Expanding the current footprint
• Building a custom lakefront residence
• Exploring development possibilities permitted by local zoning
• Creating a private retreat environment
• Designing a long-term primary residence with water access
The dual-lot configuration may provide additional flexibility compared to standard single-lot lakefront parcels.
Location & Accessibility
24301 North Forest Drive is located in Lake Zurich, Illinois, within Lake County.
The property is positioned:
• Less than five minutes from downtown Lake Zurich
• Near shopping and dining in Kildeer
• Within reasonable access to surrounding suburban communities
• Near everyday services and conveniences
This location allows residents to enjoy waterfront living while maintaining accessibility to retail, dining, and commuter routes.
Living in Lake Zurich, IL
Lake Zurich is a well-established community known for its residential neighborhoods, recreational amenities, and access to surrounding suburbs.
The area includes:
• Local dining and retail options
• Community events and seasonal activities
• Parks and outdoor spaces
• Access to nearby employment centers
Lakefront properties in established communities often present limited availability, particularly those offering flexibility for customization.
Frequently Asked Questions
Does the property include direct lake frontage?
Yes. The property includes direct frontage on Forrest Lake along with a private pier.
How large is the property?
The combined lots total approximately 0.341 acres.
What type of lake is Forrest Lake?
Forrest Lake is a no-wake lake allowing idle-only boating, helping maintain a quieter waterfront environment.
Does the home include a basement?
Yes. The home includes a full walkout basement.
How close is the property to downtown Lake Zurich?
The property is located less than five minutes from downtown Lake Zurich and near the amenities of Kildeer.
Who This Property May Suit
This property may be of interest to buyers seeking:
• Direct lakefront living
• Opportunities for renovation or new construction
• Waterfront properties with expansion flexibility
• Larger combined lot configurations
• Private pier access
• Quiet lake environments with idle-only boating
• Proximity to Lake Zurich amenities
Schedule a Private Showing
If you would like to explore 24301 North Forest Drive in Lake Zurich, contact The Vik Home Team to arrange a private showing.
We will confirm availability, coordinate access, and provide additional property information to help you evaluate potential options for the site.
If you are currently working with an agent, they are welcome to schedule on your behalf.
About The Vik Home Team
The Vik Home Team with Baird & Warner assists buyers and sellers throughout the Fox Valley, Lake County, and surrounding Chicagoland communities.
Our approach focuses on providing clear information, strategic guidance, and local market insight to support confident real estate decisions.
