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Sold for $1,170,000
  • $1,170,000

    7331 Frazer Bay Rd, Cook, MN 55723

    4beds
    3,129sqft
    Single Family Residence
    Built in 2000
    1 Acres Lot
    $1,170,600 Zestimate®
    $374/sqft
    $3,359 Estimated rent

    Home value

    $1,170,600

    $1.10M - $1.24M

    $3,359/mo

    Zestimate® history
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    What's special

    Detached two-car heated garageSoaring timber frame constructionExpansive lake viewsWalls of windowsCustom wood finishesDramatic two-story great roomGranite countertops
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracey Tellor 218-390-3851,

    Tellor Realty LLC

    Bought with:

    Taylor Glynn, MN - 40717532

    eXp Realty, LLC- MN

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6126860MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    • 1/4 bathrooms: 1
    Rooms
    • Room types: Den/Office, Enclosed Porch, Spa/Sauna, Storage Room, Utility Room, Workshop, Media Room, Fitness Room, Foyer, Great Room, Entry
    Primary bedroom
    • Description: Walk in closet private Bath with shower overlooking the lake
    • Level: Upper
    Bedroom
    • Description: Bedroom 3- Wonderful size leading to private sitting area overlooking the yard could be used as a home office
    • Level: Main
    Bedroom
    • Description: Bedroom 2- Private bathroom with shower closet
    • Level: Upper
    Bedroom
    • Description: Bedroom 4- Lower level large bedroom - bathroom and sauna are on this level
    • Level: Lower
    Bathroom
    • Description: Large Full Bath Lower Level
    • Level: Lower
    Bathroom
    • Description: Powder room on the main level 1/4 bath (toilet & sink)
    • Level: Main
    Great room
    • Description: Rec Room lower level walk out large & spacious for watching the game, working out or play room
    • Level: Basement
    Kitchen
    • Description: Combined with dining room breakfast bar with great appliances next to the second story screen porch overlooking the lake
    • Level: Main
    Living room
    • Description: Vaulted Beemed Ceilings -Beautiful Views from the large windows overlooking the lake
    • Level: Main
    Living room
    • Description: Combined with dining room, kitchen great seating area for conversation or just relax
    • Level: Main
    Sauna
    • Description: Large Sauna next to the back door to run out and jump in Lake Vermilion!
    • Level: Lower
    Utility room
    • Level: Basement
    Heating
    • Boiler, In Floor Heat, Propane, Electric
    Cooling
    • None
    Appliances
    • Included: Water Heater-Electric, Dishwasher, Dryer, Range, Refrigerator, Washer
    • Laundry: Dryer Hook-Ups, Washer Hookup
    Features
    • Ceiling Fan(s), Eat In Kitchen, Kitchen Island, Natural Woodwork, Sauna, Vaulted Ceilings, Walk-In Closet(s), Beamed Ceilings, Foyer-Entrance
    • Flooring: Hardwood Floors, Tiled Floors
    • Doors: Patio Door
    • Windows: Vinyl Windows
    • Basement: Full,Egress Windows,Partially Finished,Walkout,Bath,Bedrooms,Family/Rec Room,Utility Room,Washer Hook-Ups,Dryer Hook-Ups
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,129 sqft
    • Finished area above ground: 2,013
    • Finished area below ground: 1,116

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street, Gravel, Detached, Electrical Service, Slab
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck
    • Exterior features: Balcony, Dock, Hot Tub
    • Has view: Yes
    • View description: Inland Lake, Panoramic
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Hard, Shore-Accessible, Elevation-Low)
    • Body of water: Vermilion
    • Frontage length: 175
    Lot
    • Size: 1 Acres
    • Features: Accessible Shoreline, Tree Coverage - Medium, Level
    Details
    • Additional structures: Boat House
    • Foundation area: 1260
    • Parcel number: 387043054510
    • Other equipment: Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Wood, Frame/Wood, Timber/Post & Beam
    • Foundation: Wood
    • Roof: Asphalt Shingle
    Condition
    • Previously Owned
    • Year built: 2000

    Utilities & green energy

    • Electric: Lake Country Power
    • Sewer: Private Sewer
    • Water: Private

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Cook

    Financial & listing details

    • Price per square foot: $374/sqft
    • Tax assessed value: $914,800
    • Annual tax amount: $7,310
    • Date on market: 7/21/2026
    • Cumulative days on market: 61 days
    • Road surface type: Unimproved

    Price history

    DateEventPrice
    10/15/2026Sold$1,170,000-8.2%$374/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6126860 Report a problem
    9/19/2026Pending sale$1,275,000$407/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6126860 Report a problem
    8/31/2026Price change$1,275,000-8.9%$407/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6126860 Report a problem
    7/21/2026Listed for sale$1,400,000-6.4%$447/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6126860 Report a problem
    10/31/2025Listing removed$1,495,000$478/sqft
    Source: Range AOR #144036 Report a problem
    8/17/2022Listed for sale$1,495,000+1920.3%$478/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6249828 Report a problem
    7/10/2001Sold$74,000$24/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$7,310 +34.5%$914,800 +11.9%
    2025$5,434 -6.2%$817,700 +19.6%
    2024$5,796 +16.2%$683,500
    2023$4,986 +8.5%$683,500 +19.6%
    2022$4,596 +6.2%$571,400 +18.5%
    2021$4,328 $482,100 +7.6%
    2020$4,328 $448,200
    2019$4,328 +7%$448,200 +6.1%
    2018$4,044 -4.4%$422,500
    2017$4,230 +4.6%$422,500
    2016$4,044 +2.9%$422,500 +7.9%
    2015$3,930 -2.2%$391,700 -2.5%
    2014$4,018 -1.6%$401,800 -1.1%
    2013$4,082 +5%$406,100 +2.1%
    2012$3,887 -3.8%$397,700 -13.8%
    2011$4,040 +3.2%$461,500
    2010$3,915 $461,500
    2009$3,915 +63.7%$461,500 +39.5%
    2008$2,392 +27.9%$330,900 +26.8%
    2007$1,870 +12.4%$261,000 +19.1%
    2006$1,664 +52.1%$219,100 +45.6%
    2004$1,093 +25.6%$150,500 +24%
    2003$871 +22.6%$121,400 +11.8%
    2002$710 -11.1%$108,600 +10.4%
    2001$798 +18.1%$98,400 +10.3%
    2000$676 $89,200
    Find assessor info on the county website

    Neighborhood: 55723

    Nearby schools

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