$549,000
31487 Malbay Road Cohasset, MN 55721 - Stevens Lake
For Sale MLS# 7022500
4 beds 3 baths 2,864 sq ft Single Family
Details for 31487 Malbay Road
MLS# 7022500
Description for 31487 Malbay Road, Cohasset, MN, 55721 - Stevens Lake
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.
Listing Information
Property Type: Residential, Single Family, Rural Residential
Status: Active
Bedrooms: 4
Bathrooms: 3
Lot Size: 13.44 Acres
Square Feet: 2,864 sq ft
Year Built: 2005
Foundation: 2,752 sq ft
Garage: Yes
Stories: 1 Story
County: Itasca
Days On Market: 18
Construction Status: Previously Owned
School Information
District: 318 - Grand Rapids
Room Information
Main Floor
Bedroom 1: 22.1x21.4
Bedroom 2: 14.11x22.1
Bedroom 3: 13.4x13.8
Bedroom 4: 10.9x10.1
Family Room: 17x21.9
Kitchen: 9.1x13.8
Laundry: 9.5x8.2
Living Room: 24x12
Bathrooms
Full Baths: 3
Additonal Room Information
Family: 2 or More
Dining: Informal Dining Room
Laundry: Laundry Room
Interior Features
Square Footage above: 2,864 sq ft
Fireplaces: 2, Living Room, Amusement Room, Gas Burning
Accessibility: Fully Wheelchair
Additional Interior Features: Kitchen Window, Natural Woodwork, Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet, Washer/Dryer Hookup
Utilities
Water: Well
Sewer: Private
Cooling: Central
Heating: In-Floor Heating, Heat Pump, Zoned, Propane
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 2
Parking Description: Finished Garage, Attached Garage, Electric, Garage Door Opener, Heated Garage, Insulated Garage, Garage Dimensions - 23x23, Garage Sq Ft - 529.0
Exterior: Vinyl
Lot View: Panoramic
Lot Dimensions: 418x934x886x1240
Zoning: Residential-Single Family
Additional Exterior/Lot Features: Patio, Accessible Shoreline, Tree Coverage - Medium
Out Buildings: Shed - Storage, Guest House
Waterfront Details
Standard Water Body: Stevens Lake
DNR Lake ID: 31071800
Water Front Features: Lake Front
Water Frontage Length: 418 Ft.
Lake Acres: 223
Lake Bottom: Undeveloped
Waterfront Slope: Gradual
Driving Directions
Head toward NW 4th St/Great River Rd207 ftTurn right onto US-2 W/NW 4th St/Great River RdContinue to follow US-2 W/Great River Rd9.2 miTurn right onto Itasca County Rd 881.5 miTurn right onto Pincherry Rd0.4 miTurn left onto Malbay RdDestination will be on the left1.1 mi
Financial Considerations
Tax/Property ID: 640183104
Tax Amount: 3237
Tax Year: 2025
HomeStead Description: Homesteaded
A broker reciprocity listing courtesy: Pemberton RE
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Sales History & Tax Summary for 31487 Malbay Road
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 31487 Malbay Road
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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