NEW PRICE! Thoughtfully repositioned to $1,999,999, giving buyers room to make the home their own while creating potential for future equity. With 100' of south-facing sandy shoreline on Forest Lake's First Lake, now is a great time to make it yours and be ready to enjoy the lake by next season. Located on Forest Lake's coveted “Gold Coast,” this truly one-of-a-kind, 1-owner custom home was designed to capture the timeless feel of a 1920s seaside cottage. Built in 2005, the home sits on a beautifully landscaped 550' deep lot and is positioned approximately 400' from the road, offering privacy while still being minutes from local amenities, freeway access and an easy 35-minute commute to the Twin Cities. Designed by architect Ben Nelson, the home was built with 12” precast Spancrete floors and TimberStrand framing. In-floor radiant heat runs throughout all three levels, excluding the upper garage and guest apartment. Additional features include 2x6 construction, Corbond foam insulation, Owens Corning Berkshire shingles and maintenance-free Nailite siding with Azek trim. The attached garage configuration includes a 3+ car upper garage and a 4+ car lower garage, providing plenty of room for vehicles, hobbies, lake gear and recreational equipment. The lower garage includes in-floor heat, a floor drain, insulated walls and a 100-amp subpanel for year-round use. The home offers 4 bedrooms, a dedicated office and additional flexible spaces for a sewing room, workout room or studio. The generously sized secondary bedrooms are a rare find, providing comfortable, private spaces for family and guests. Combined with the separate living suite and private guest apartment, the layout offers flexibility especially well suited for multi-generational living, extended family or long-term guests. There are 3 full baths, 3 three-quarter baths and 1 half bath, and most bedrooms have lake views. The great room features cathedral ceilings, a floor-to-ceiling stone gas fireplace, custom built-ins and panoramic lake views. Eagles are frequently seen over the water, adding to the peaceful setting. A dedicated 13-seat theater room provides a fun space for movies, entertaining or the big game. The main-floor primary suite includes a private lakeview balcony, marble fireplace, jetted tub, rain shower, dual marble sinks, walk-in closet and nautical porthole window with patio seating. The kitchen features a 6-burner Viking range, double wall oven, Miele panel-front dishwasher, granite island, copper ceiling and custom cabinetry, with a formal dining room and breakfast area nearby. The main-floor laundry includes Zodiac blue quartz counters, washer/dryer, sink and laundry chute. Enjoy the lake from the 3-season porch with vaulted ceiling and E-Z Breeze window system or from the maintenance-free Azek deck added in 2023. The private guest apartment above the garage can be accessed from the loft or through a separate entrance from the main-level garage and includes a full kitchen, dining area, bedroom, three-quarter bath with fully tiled shower, hickory floors, skylight and baseboard heat. With its combination of 100' of sandy shoreline, privacy, distinctive architecture, extensive garage space, unusually spacious bedrooms and flexible living areas, there simply isn't another home quite like this one on Forest Lake.