$525,000
 $2,818 est/mo Sourced by Back At You

31487 Malbay Road,Cohasset, MN 55721

Cohasset, MN 55721

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Description

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.

Details

MLS #7022500
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year2005
Days On Site108
Listing Provided ByPemberton RE | Melissa Roberts

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet2,864
Garage2
Story(s)1
ZoningResidential-Single Family
Acreage13.44
Water FrontYes
Property ViewPanoramic

Interior

CoolingCentral Air
HeatingHeat Pump, In-Floor Heating, Zoned

Exterior

Lot FeaturesAccessible Shoreline, Tree Coverage - Medium

Parking

Parking FeaturesAttached Garage, Electric, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage

Taxes

Property3237

Area Information

StateMN
CountyItasca
CityCohasset
Zip Code55721
School District318
High SchoolGrand Rapids
Listing VS Median (in 55721)
Price:
$525,000
low | high
Med:
$489,900
56.685714285714% of Average
sqft:
2,864
low | high
Med:
3,419
30.621508379888% of Average
$ / sqft:
$183
low | high
Med:
$143
71.833251159487% of Average
On site:
108
low | high
Med:
15
100% of Average
Sourced by Back At You

Market Activity 55721

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of August 25, 2026 at 5:59:53 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyItasca
CityCohasset
Zip Code55721
School District318
High SchoolGrand Rapids
Listing VS Median (in 55721)
Price:
$525,000
low | high
Med:
$489,900
56.685714285714% of Average
sqft:
2,864
low | high
Med:
3,419
30.621508379888% of Average
$ / sqft:
$183
low | high
Med:
$143
71.833251159487% of Average
On site:
108
low | high
Med:
15
100% of Average
Sourced by Back At You
Listing Updated: July 27, 2026 at 8:40:53 AM PDT