31487 Malbay Rd

Off Market

31487 Malbay Rd

Cohasset MN 55721

2864 sq. ft.

13.44 ac.

Single-Family

Last sold for $500,000

Melissa Roberts, last sold this property on 25 August 2026 after 1509 days on market.

Overview

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.

Features

4 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

2864 sq. ft. floor area

13.44 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Cohasset over the last 12 months, the estimated median property value of 31487 Malbay Rd is $457.45k.

Median value

$457.45k

Estimated value range

$193k - $1.4m

Median days on market

Estimated value trend

18%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Cohasset. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 31487 Malbay Rd

2026

Sold

$500,000

25 Aug 2026 by Melissa Roberts, of Pemberton RE

2023

Sold

$500,000

13 Apr 2023 by Karen Gessell, of COLDWELL BANKER NORTHWOODS

2020

Sold

$252,000

25 Mar 2020 by Sean McDonald, of RE/MAX Lakes Area Realty - Longville

Happy sellers in Cohasset

We have insufficient information to provide an overview of customer satisfaction for Cohasset. Viewing the agent profiles, reviews and sales for Cohasset can provide insights for this location.

Local market activity for 4 bedroom single-family properties in Cohasset

In the last 12 months, 12 four-bedroom single-family properties similar to 31487 Malbay Rd, have been sold.

This represents a 18% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Cohasset for a market analysis.

Terri Haapoja

at Move It Real Estate Group

(113 reviews)

Get a market analysis

Justin Tolle

at Keller Williams Classic Rlty NW

(38 reviews)

Get a market analysis

Nicholas Zerfas

at Edge of the Wilderness Realty

(36 reviews)

Get a market analysis

Molly Tulek

at Edge of the Wilderness Realty

(9 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cohasset

Terri Haapoja

Sellers who recommend Terri Haapoja have praised them for being local expert, clear communication, responsive, supportive, friendly, detail-oriented, and dedicated