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  • $500,000

    31487 Malbay Rd, Cohasset, MN 55721

    4beds
    2,864sqft
    Single Family
    Built in 2005
    13.44 Acres Lot
    $500,100 Zestimate®
    $175/sqft
    $3,062 Estimated rent

    Home value

    $500,100

    $470,000 - $530,000

    $3,062/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa Roberts 218-259-0858,

    Pemberton RE

    Bought with:

    Belinda Sternberg

    Century 21 Atwood

    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: $175/sqft
    • Tax assessed value: $432,900
    • Annual tax amount: $3,237
    • Date on market: 5/9/2026
    • Cumulative days on market: 77 days

    Price history

    DateEventPrice
    8/25/2026Sold$500,000-4.8%$175/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7022500 Report a problem
    7/27/2026Pending sale$525,000$183/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7022500 Report a problem
    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

    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

    Neighborhood: 55721

    Nearby schools

    GreatSchools rating
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