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Active
    • Price cut: $24K (6/30)
    $525,000

    31487 Malbay Rd, Cohasset, MN 55721

    4beds
    2,864sqft
    : 
    $3,423/mo
    Get pre-qualified
    Single Family
    Built in 2005
    13.44 Acres Lot
    $-- Zestimate®
    $183/sqft
    $-- HOA

    What's special

    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.
    78 days
    |
    1,401
    |
    49
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa Roberts 218-259-0858,

    Pemberton RE

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7022500MLS Logo

      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: $183/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

        $2,947/mo

        Price history

        DateEventPrice
        6/30/2026Price change$525,000-4.4%$183/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7022500 Report a problem
        5/11/2026Listed for sale$549,000+9.8%$192/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7022500 Report a problem
        4/13/2023Sold$500,000+0.2%$175/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6323655 Report a problem
        3/23/2023Pending sale$499,000$174/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6323655 Report a problem
        1/17/2023Listed for sale$499,000-5.8%$174/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6323655 Report a problem
        8/22/2022Listing removed--
        Source: NorthstarMLS as distributed by MLS GRID #6231534 Report a problem
        7/29/2022Price change$529,999-3.6%$185/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6231534 Report a problem
        7/10/2022Listed for sale$549,999+118.3%$192/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6231534 Report a problem
        3/25/2020Sold$252,000-4.9%$88/sqft
        Source: NorthstarMLS as distributed by MLS GRID #5247432 Report a problem
        3/18/2020Pending sale$264,900$92/sqft
        Source: RE/MAX Lakes Area Realty #5247432 Report a problem
        2/15/2020Listed for sale$264,900$92/sqft
        Source: RE/MAX Lakes Area Realty - Longville #5247432 Report a problem
        2/15/2020Pending sale$264,900$92/sqft
        Source: RE/MAX Lakes Area Realty - Longville #5247432 Report a problem
        2/15/2020Pending sale$264,900$92/sqft
        Source: RE/MAX Lakes Area Realty - Longville #5247432 Report a problem
        12/20/2019Price change$264,900-1.9%$92/sqft
        Source: RE/MAX Lakes Area Realty - Longville #5247432 Report a problem
        10/21/2019Price change$269,900-1.1%$94/sqft
        Source: RE/MAX Lakes Area Realty - Longville #5247432 Report a problem
        9/20/2019Price change$272,900-0.7%$95/sqft
        Source: RE/MAX Lakes Area Realty - Longville #5247432 Report a problem
        8/6/2019Price change$274,900-1.8%$96/sqft
        Source: RE/MAX Lakes Area Realty - Longville #5247432 Report a problem
        6/13/2019Listed for sale$279,900+19.8%$98/sqft
        Source: RE/MAX Lakes Area Realty - Lon #5247432 Report a problem
        10/25/2018Listing removed$233,690-29%$82/sqft
        Source: Auction.com Report a problem
        8/7/2018Listed for sale--
        Source: Auction.com Report a problem
        10/7/2015Listing removed$329,000$115/sqft
        Source: Grand Properties #9925629 Report a problem
        4/28/2015Price change$329,000-1.8%$115/sqft
        Source: Grand Properties #9925629 Report a problem
        4/6/2015Listed for sale$334,900$117/sqft
        Source: Grand Properties #9925629 Report a problem
        11/20/2014Listing removed$1,500$1/sqft
        Source: Grand Properties Real Estate & Management Report a problem
        10/10/2014Listed for rent$1,500$1/sqft
        Source: Grand Properties Real Estate & Management Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,237 -9.5%$425,311
        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

        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

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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