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31487 Malbay Road, 
Cohasset, MN 55721

$549,000


4

Beds


3

Baths


2,864

Sq Ft


Single Family

Active

Listed by

Melissa Roberts

Pemberton Re

thepatriotrealestategroup@gmail.com

Last updated:

May 17, 2026, 12:04 PM

MLS#

7022500

Source:

NSMLS

About This Home

31487 Malbay Road

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.

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 2005

Price Summary

549,000

$191 per Sq. Ft.

MLS #:

7022500

Last Updated:

May 17, 2026, 12:04 PM

Added:

9 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,864 Sq. Ft.


Structure

Structure

Building Area:

2,864 Sq. Ft.

Year Built:

2005


Lot

Lot Size (Sq. Ft):

585,446


Finances & Disclosures

Finances

Price:

$549,000

Price per Sq. Ft:

$191 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.