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22308 Lilac Way, Forest Lake, MN, 55025

3beds
3baths
1,824sqft
$399,000
$219price/sqft
$2,763/moest. monthly cost
$110,520/yrincome needed

About This Home

Welcome Home to Effortless, Elevated Living! This meticulously maintained townhome is the one you’ve been waiting for. Offering 3 bedrooms and 3 bathrooms and thoughtfully designed layout newer construction, this stunning residence blends modern upgrades with everyday comfort — and it shows at every turn. The coveted main-level primary suite delivers the ease of single-floor living, featuring a beautifully appointed en-suite bath that feels like your own private retreat. The open, light-filled main floor flows seamlessly from living to dining to kitchen, where premium finishes and quality upgrades elevate every detail. Step outside to your gorgeous three-season porch — the perfect spot for morning coffee, evening entertaining, or simply soaking in the fresh air without leaving the comfort of home. Upstairs, two additional bedrooms and a full bath provide flexible space for guests, family, or a dedicated home office. Pride of ownership is evident throughout — this home has been cared for with exceptional attention to detail, offering the feel of new construction with none of the wait. Don’t miss your chance to own this move-in-ready gem. Homes like this don’t last long — schedule your showing today!

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

8/10
7/10
7/10

Construction

Condition

  • Year built: 2020

Type & Style

  • Home type: Townhouse
  • Property subType: (TH) Quad/4 Corners

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Dishwasher,Dryer,ENERGY STAR Qualified Appliances,Gas Water Heater,Microwave,Range,Refrigerator,Washer,Water Softener Owned
  • Laundry features: Main Level

Basement

  • Basement: None

Bedroom

  • Level: Main
  • Area: 266
  • Dimensions: 14x19

Bedroom2

  • Level: Upper
  • Area: 187
  • Dimensions: 17x11

Bedroom3

  • Level: Upper
  • Area: 132
  • Dimensions: 12x11

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Fireplace features: Gas
  • Finished area below ground: 0
  • Finished area above ground: 1,824

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,824
  • Total interior livable area: 1,824 sqft

Kitchen

  • Level: Main
  • Area: 196
  • Dimensions: 14x14

Living Room

  • Level: Main
  • Area: 374
  • Dimensions: 17x22

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0703221310104
  • Attached to another structure: Yes
  • Zoning description: Residential-Single Family
  • Foundation area: 1824

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Enclosed,Glass Enclosed

Lot

  • Lot size: 2,962 sqft
  • Lot size dimensions: common

Parking

  • Total spaces: 2
  • Parking features: Attached,Asphalt,Guest
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Lightning
Tornado
Heat Wave
Inland Flooding
Winter Weather

FEMA Declared Disasters in Washington County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance *$222$2,664
Property Taxes $354$4,248
Electricity $170$2,050
Total$2,763$33,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$94,731/yr
40% on housing$82,890/yr
45% on housing$73,680/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$219This listing

vs Other Active Listings

Avg $/sqft

ZIP 55025$236
Washington County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 55025$188
Washington County$201

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-10Listed for sale$399,000
2021-11-05Sold$338,200
2021-10-08Pending sale$329,900
2021-09-02Price change$329,900
2021-05-07Listed for sale$324,900
2021-04-24Listing removed--
2021-04-21Listed for sale$324,900
2021-04-20Listing removed--
2020-12-28Listed for sale$314,900

For Sale by Agent

AgentJosh Tobias
BrokerageeXp Realty

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