Tucked behind a winding private drive and surrounded by 13.4 wooded acres, this exceptional one level lake home offers 418 feet of shoreline on Stevens Lake and a setting that feels like your own private retreat.
Designed for comfort, convenience, and accessibility, this nearly 3,000 sq ft home features wheelchair accessible doorways and hallways throughout, creating true easy one level living. Expansive windows fill the home with natural light while showcasing stunning panoramic lake views year round.
The spacious layout includes 4 bedrooms, 3 full baths, two separate living areas, and an open flow ideal for entertaining or everyday living. The primary suite offers two walk in closets and a spa style bath with a jetted tub. New luxury vinyl plank flooring adds a modern, durable finish throughout.
Outside, the property continues to impress with a lakeside patio perfect for sunrise coffee or sunset evenings, abundant wildlife, and excellent fishing known for northern and perch. A newly added shed provides extra storage, while the charming additional cabin/she shed/playhouse with electricity offers endless possibilities for guests, hobbies, or creative space.
The attached heated 2 car garage adds year round convenience, and an additional exterior power hookup is ready for RV parking or extra equipment needs. A brand new larger well pump offers added peace of mind.
Located just minutes from Cohasset, Grand Rapids, and Deer River, this property delivers the perfect blend of privacy, accessibility, acreage, and lake life.
Active
$549,000
31487 Malbay Rd, Cohasset, MN 55721
4beds
2,864sqft
Single Family
Built in 2005
13.44 Acres Lot
$-- Zestimate®
$192/sqft
$-- HOA
What's special
- 33 days |
- 1,551 |
- 50 |
Zillow last checked:
Listing updated:
Listed by:
Melissa Roberts 218-259-0858,
Pemberton RE
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7022500
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Bedroom
- Level: Main
- Area: 472.94 Square Feet
- Dimensions: 22.1x21.4
Bedroom 2
- Level: Main
- Area: 311.83 Square Feet
- Dimensions: 14.11x22.1
Bedroom 3
- Level: Main
- Area: 184.92 Square Feet
- Dimensions: 13.4x13.8
Bedroom 4
- Level: Main
- Area: 110.09 Square Feet
- Dimensions: 10.9x10.1
Family room
- Level: Main
- Area: 372.3 Square Feet
- Dimensions: 17x21.9
Kitchen
- Level: Main
- Area: 125.58 Square Feet
- Dimensions: 9.1x13.8
Laundry
- Level: Main
- Area: 77.9 Square Feet
- Dimensions: 9.5x8.2
Living room
- Level: Main
- Area: 288 Square Feet
- Dimensions: 24x12
Heating
- Heat Pump, In-Floor Heating, Zoned
Cooling
- Central Air
Appliances
- Laundry: Laundry Room
Features
- Basement: None
- Number of fireplaces: 2
- Fireplace features: Amusement Room, Gas, Living Room
Interior area
- Total structure area: 2,864
- Total interior livable area: 2,864 sqft
- Finished area above ground: 2,864
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Electric, Garage, Garage Door Opener, Heated Garage, Insulated Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (23x23)
Accessibility
- Accessibility features: Customized Wheelchair Accessible
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Panoramic
- Waterfront features: Lake Front, Waterfront Elevation(0-4), Lake Bottom(Undeveloped)
- Frontage length: Water Frontage: 418
Lot
- Size: 13.44 Acres
- Dimensions: 418 x 934 x 886 x 1240
- Features: Accessible Shoreline, Tree Coverage - Medium
Details
- Additional structures: Guest House, Storage Shed
- Foundation area: 2752
- Parcel number: 640183104
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Electric: Power Company: Lake Country Power
- Gas: Propane
- Sewer: Private Sewer
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Cohasset
Financial & listing details
- Price per square foot: $192/sqft
- Tax assessed value: $432,900
- Annual tax amount: $3,237
- Date on market: 5/9/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,929/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Listed for sale | $549,000+9.8%$192/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7022500 Report a problem | ||
| 4/13/2023 | Sold | $500,000+0.2%$175/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6323655 Report a problem | ||
| 3/23/2023 | Pending sale | $499,000$174/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6323655 Report a problem | ||
| 1/17/2023 | Listed for sale | $499,000-5.8%$174/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6323655 Report a problem | ||
| 8/22/2022 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6231534 Report a problem | ||
| 7/29/2022 | Price change | $529,999-3.6%$185/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6231534 Report a problem | ||
| 7/10/2022 | Listed for sale | $549,999+118.3%$192/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6231534 Report a problem | ||
| 3/25/2020 | Sold | $252,000-4.9%$88/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5247432 Report a problem | ||
| 3/18/2020 | Pending sale | $264,900$92/sqft |
Source: RE/MAX Lakes Area Realty #5247432 Report a problem | ||
| 2/15/2020 | Listed for sale | $264,900$92/sqft |
Source: RE/MAX Lakes Area Realty - Longville #5247432 Report a problem | ||
| 2/15/2020 | Pending sale | $264,900$92/sqft |
Source: RE/MAX Lakes Area Realty - Longville #5247432 Report a problem | ||
| 2/15/2020 | Pending sale | $264,900$92/sqft |
Source: RE/MAX Lakes Area Realty - Longville #5247432 Report a problem | ||
| 12/20/2019 | Price change | $264,900-1.9%$92/sqft |
Source: RE/MAX Lakes Area Realty - Longville #5247432 Report a problem | ||
| 10/21/2019 | Price change | $269,900-1.1%$94/sqft |
Source: RE/MAX Lakes Area Realty - Longville #5247432 Report a problem | ||
| 9/20/2019 | Price change | $272,900-0.7%$95/sqft |
Source: RE/MAX Lakes Area Realty - Longville #5247432 Report a problem | ||
| 8/6/2019 | Price change | $274,900-1.8%$96/sqft |
Source: RE/MAX Lakes Area Realty - Longville #5247432 Report a problem | ||
| 6/13/2019 | Listed for sale | $279,900+19.8%$98/sqft |
Source: RE/MAX Lakes Area Realty - Lon #5247432 Report a problem | ||
| 10/25/2018 | Listing removed | $233,690-29%$82/sqft |
Source: Auction.com Report a problem | ||
| 8/7/2018 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 10/7/2015 | Listing removed | $329,000$115/sqft |
Source: Grand Properties #9925629 Report a problem | ||
| 4/28/2015 | Price change | $329,000-1.8%$115/sqft |
Source: Grand Properties #9925629 Report a problem | ||
| 4/6/2015 | Listed for sale | $334,900$117/sqft |
Source: Grand Properties #9925629 Report a problem | ||
| 11/20/2014 | Listing removed | $1,500$1/sqft |
Source: Grand Properties Real Estate & Management Report a problem | ||
| 10/10/2014 | Listed for rent | $1,500$1/sqft |
Source: Grand Properties Real Estate & Management Report a problem | ||
| 9/22/2014 | Listing removed | $334,900$117/sqft |
Source: Coldwell Banker Northwoods Realty #9924174 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,575 +28.5% | $425,311 -1.8% |
| 2023 | $2,783 +18.4% | $432,900 |
| 2022 | $2,351 -2.1% | -- |
| 2021 | $2,401 -35.4% | -- |
| 2020 | $3,718 +17% | -- |
| 2019 | $3,179 +9.6% | -- |
| 2018 | $2,901 -10% | -- |
| 2017 | $3,224 +17.7% | -- |
| 2016 | $2,740 | -- |
| 2015 | $2,740 +15% | -- |
| 2014 | $2,382 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 55721
Nearby schools
GreatSchools rating
- 6/10Cohasset Elementary SchoolGrades: K-5Distance: 5.9 mi
- 5/10Robert J. Elkington Middle SchoolGrades: 6-8Distance: 10.5 mi
- 7/10Grand Rapids Senior High SchoolGrades: 9-12Distance: 9.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Itasca County
- Cohasset
- 55721
- 31487 Malbay Rd
Nearby cities
Nearby zip codes
Other Cohasset Topics
