Date
Details
Price
Change
Source
7/20/2026
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/74
$1,400,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/74
Property Description
OPEN HOUSE: Friday July 25 from 4:00-5:00 Realtors please use Showingtime Nestled on the protected waters of beautiful Frazer Bay on renowned Lake Vermilion, this exceptional year-round timber frame home offers 175 feet of rare, level lakeshore with a gradual sandy swimming beach-perfect for all ages and effortless access to the water. Situated on approximately one acre, the property enjoys a peaceful, sheltered setting behind the islands while still providing expansive lake views and just a short drive to Cook. The gently sloping lot is one of Lake Vermilion's most desirable features, allowing you to walk from the home to the shoreline with ease. Spend your days swimming, fishing, boating, or relaxing along the water's edge while enjoying the privacy and natural beauty of this premier location. The home features over 3,100 square feet of thoughtfully designed living space with soaring timber frame construction, a dramatic two-story great room, walls of windows, granite countertops, custom wood finishes, and multiple lakeside decks that capture breathtaking views. The property also includes a detached two-car heated garage and a rare two-stall wet boathouse with guest quarters above, creating the ultimate family retreat or legacy property. Property Highlights 175 feet of level Lake Vermilion shoreline Gradual, sandy swimming beach Protected Frazer Bay location with excellent boating access Approximately 1-acre lot 4 bedrooms, 4 bathrooms 3,129 finished square feet Cedar-sided timber frame construction Heated detached garage Two-stall wet boathouse with guest accommodations Multiple lakeside decks, screen porch, and outdoor entertaining spaces Year-round home with in-floor heat and whole-house backup generator This is the kind of Lake Vermilion property that rarely becomes available-combining easy, level access to the lake, protected waters, exceptional shoreline, and timeless Northwoods craftsmanship into one remarkable waterfront estate.
Full Property Details
Full Property Details for 7331 Frazer Bay Rd
General
- Price: $1,400,000
- Taxes: $7,310 (2026)
- Status: Active
- Type: Single Family
- Source: 1402
- MLS ID: 6126860
- Updated: 7/21/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Eat In Kitchen, Garage Door Opener(s), Hardwood Floors, Hot Tub, Kitchen Island, Natural Woodwork, Sauna, Tiled Floors, Vaulted Ceilings, Walk-In Closet(s), Beamed Ceilings, Foyer-Entrance, Patio Door, Dryer Hook-Ups, Washer Hookup
- Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 1
- 3/4 Bathrooms: 2
- 1/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Dining Room: Breakfast Bar, Combine with Kitchen, Combine with Living Room, Eat-In Kitchen, Formal Dining Room
Exterior
- Exterior Features: Balcony, Deck, Dock, Hot Tub
Parking
- Garage: Yes
- Garage Description: 24 x 32
- Garage Spaces: 2
- Parking Features: Off Street, Gravel
- Garage Description: Electrical Service, Slab
Location
- Area: R
- County: St. Louis County
- Driving Directions: Use GPS of your choice
School Information
- High School District: St. Louis County #2142
Heating & Cooling
- Cooling Type: None
- Heating Type: Boiler, In Floor Heat, Propane, Electric
Utilities
- Sewer: Private Sewer
- Water: Private
Structural Information
- Architectural Style: Traditional
- Construction: Frame/Wood, Timber/Post & Beam
- Exterior Const.: Wood
- Basement: Yes
- Basement Desc.: Full
- Foundation: Wood
- Roof: Asphalt Shingle
- Windows: Vinyl Windows
- Stories/Levels: 2
- Square Feet: 3,129
- Year Built: 2000
Additional Structures
- Other Structures: Boat House
Lot Features
- Property View: Inland Lake, Panoramic
- Lot Size (Acres): 1
- Lot Dimensions: irregular
- Frontage: Private Road, Unpaved
- Road Maintenance: Private Maintained Road
- Lot Features: Accessible Shoreline, Tree Coverage - Medium, Level
- Development Status: Previously Owned
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Vermilion
- Water Front Desc.: Inland Lake
- Lake Front: Yes
Financial Considerations
- Price Per Sq. Ft.: $447.43
- Tax Amount: $7,310
- Tax Year: 2026
Disclosures and Reports
- Legal Description: Lengthy LOTS 1 THRU 8 & LOTS 27 THRU 33 AND INCLUDING PART OF VAC ALLEY ADJACENT LYING WEST OF A LINE DRAWN DIAGONALLY FROM THE SW CORNER OF LOT 9 TO THE NW CORNER OF LOT 26 AND INCLUDING A TRIANGULAR FORMED TRACT OF LAND AT NORTH SIDE OF BLOCK 116
- Property ID: 387-0430-54510
Listed by Tellor Realty LLC
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 7331 Frazer Bay Rd —
Tellor Realty LLC
***
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 7331 Frazer Bay Rd
School District:St. Louis County School District
| Name | Grades | Distance |
|---|---|---|
Tower-Soudan Elementary School 415 North 2nd Street, Tower, MN 55790 | PK-6 | 9.9 mi |
Northeast Range Secondary 30 South Drive, Babbitt, MN 55706 | 7-12 | 26.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7331 Frazer Bay Rd
Tax History
Tax History for 7331 Frazer Bay Rd
Year
Property Taxes
Change
Tax Assessment
Change
2026
$7,310
35%
$683,500
—
2025
$5,434
-6%
$683,500
20%
2024
$5,796
16%
$571,400
19%
2023
$4,986
8%
$482,100
12%
2022
$4,596
6%
$429,800
-4%
2020
$4,328
2%
$448,200
—
2019
$4,230
5%
$447,300
6%
2018
$4,044
3%
$422,500
—
2017
$3,930
-2%
$422,500
—
2016
$4,018
1%
$422,500
8%
2015
$3,964
-3%
$391,700
-3%
2014
$4,078
—
$401,800
-1%
2013
$4,082
—
$406,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7331 Frazer Bay Rd
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- 4Beds
- 3Total Baths
- 2,613Sq. Ft.
Listed by Janisch Realty, Inc
- Single Family
- Active
- Updated 13 days ago
- 3Beds
- 3Total Baths
- 1,946Sq. Ft.
Listed by BIC Realty
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 3Total Baths
- 2,597Sq. Ft.
Listed by Janisch Realty, Inc
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 1Total Bath
- 650Sq. Ft.
Listed by Janisch Realty, Inc
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Lots/Land
- Active
- Updated 1 day ago
- 40Acres
Listed by RE/MAX Lake Country
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Lots/Land
- Active
- Updated 6 days ago
- 0.146Acres
Listed by RE/MAX Lake Country
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 2,396Sq. Ft.
Listed by Northwoods Land Office, Inc
- Single Family
- Active
- Updated 23 hours ago
- 2Beds
- 1Total Bath
- 823Sq. Ft.
Listed by eXp Realty
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 2,560Sq. Ft.
Listed by Vermilion Land Office, Inc.
Sold by Move it Real Estate Group/Lake
Sold by Move it Real Estate Group/Lake
7331 Frazer Bay Rd, Cook, MN 55723 (MLS# 6126860) is a Single Family property with 4 bedrooms, 1 full bathroom and 3 partial bathrooms. 7331 Frazer Bay Rd is currently listed for $1,400,000 and was received on July 20, 2026. Want to learn more about 7331 Frazer Bay Rd? Do you have questions about finding other Single Family real estate for sale in Cook? You can browse all Cook real estate or contact a Coldwell Banker agent to request more information.