MLS 7022500
Lakehome 4 bedrooms 3.00 baths
$549,000
31487 Malbay Road
Cohasset MN 55721
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.
Additional Details
| Year Built: | 2005 |
| Living Area: | 2864 sf |
| Bedrooms: | 4 |
| Bathrooms: | 3 |
| Acres: | 13.44 Acres |
| Lot Dimensions: | 418x934x886x1240 |
| Garage Spaces: | 2 |
| School District: | 318 |
| County: | Itasca |
| Taxes: | $3,237 |
| Taxes With Assessments: | $3,318 |
| Tax Year: | 2025 |
Waterfront Details
| Water Body Name: | Stevens Lake (31071800) |
| Waterfront Features: | Lake Front |
| Waterfront Elevation: | 0-4 |
| Waterfront Feet: | 418 |
| Lake Bottom: | Undeveloped |
Additional Features
Basement: None
Cooling: Central Air
Fuel: Propane
Sewer: Private Sewer
Water: Well
Other Buildings: Guest House, Storage Shed
Listing Status
Active
2026-05-10 19:00:44 Date Listed
2026-05-11 08:32:07 Last Update
2026-05-10 21:33:08 Last Photo Update