7331 Frazer Bay Rd

3,129 Sq. Ft.
$447 / Sq. Ft.
3,129
Sq. Ft.
$447
per Sq. Ft.

Description

Open house is going to be rescheduled Please call for an appointment anytime! 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...Open house is going to be rescheduled Please call for an appointment anytime! 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.
  1. Listed by Tracey Tellor • Tellor Realty LLC
    P: (218)-390-3851 traceytellor@gmail.com

Property Details for 7331 Frazer Bay Road

Architectural Style
Traditional
View
Inland Lake, Panoramic
Waterfront Features
Inland Lake
Waterfront YN
Yes
LISTING UPDATED: 07/24/2026 02:38 PM

Property Details for 7331 Frazer Bay Road

StatusActive
MLS #6126860
Days on Compass8
Taxes$7,310 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Detached
Year Built2000
Lot Size1.00 AC / 43,560 SF
CountySt. Louis County

Location

Listing Courtesy of Tellor Realty LLC
Add your commute

Virtual Tour

Building Information for 7331 Frazer Bay Road

Stories2Year Built2000Building Size-Lot Size1.00 AC / 43,560 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$7,725 per month

30 year fixed, 6.55% Interest

Principal and Interest

$7,116

Property Taxes

$609

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 7331 Frazer Bay Road

Summary
Location and General Information
  • Directions: Use GPS of your choice
  • Latitude: 48
  • Longitude: -92
  • Lake Acres: 39271
  • Lake Chain: No
  • Lake Class: Class II Lake (Large Lake)
  • Lake Maximum Depth: 76
  • Road Between Waterfront And Home: No
  • Shoreline Characteristics: Hard,Shore-Accessible,Elevation-Low
  • Waterfront Access: Private
  • Waterfrontage Feet: 175
  • MLSArea Major: LSAR
  • Road Frontage Type: Private Road, Unpaved
  • Road Responsibility: Private Maintained Road
Parking
  • Garage Spaces: 2.0
  • Garage Dimensions: 24 x 32
  • Garage Features: Electrical Service,Slab
  • Garage Type: Detached
  • Parking Features: Off Street, Gravel
School Information
  • High School District: St. Louis County #2142
Taxes and HOA
  • Association YN: No
  • Parcel Number: 387-0430-54510
  • Tax Annual Amount: $7,310.00
  • Tax 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
  • Tax Year: 2026
Property
Lot Information
  • Above Grade Finished Area: 2013.0
  • Below Grade Finished Area: 1116.0
  • Living Area: 3129.0
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium, Level
  • Lot Size Acres: 1.0
  • Lot Size Dimensions: irregular
  • Basement Square Feet: ***
  • Construction Type: Frame/Wood,Timber/Post & Beam
  • Foundation Dimensions: 42 x 30
  • Other Structures: Boat House
Property and Assessments
  • Development Status: Previously Owned
  • Land Access: ***
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Year Built: 2000
Utilities
  • Sewer: Private Sewer
  • Water Body Name: Vermilion
  • Water Source: Private
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Exterior Features: Balcony, Deck, Dock, Hot Tub
  • Foundation Details: Wood
  • Roof: Asphalt Shingle
  • Stories Total: 2
Interior Features
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Basement: Full
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 1
  • Bathrooms Three Quarter: 2
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Cooling: None
  • Fireplace YN: No
  • Heating: Boiler, In Floor Heat, Propane, Electric
  • 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
  • Basement Features: Egress Windows,Partially Finished,Walkout,Bath,Bedrooms,Family/Rec Room,Utility Room,Washer Hook-Ups,Dryer Hook-Ups
  • Bath Description: 3/4 Basement,3/4 Upper,1/4 Main Floor
  • Dining Room Type: Breakfast Bar,Combine with Kitchen,Combine with Living Room,Eat-In Kitchen,Formal Dining Room
  • Extra Rooms: Den/Office,Enclosed Porch,Spa/Sauna,Storage Room,Utility Room,Workshop,Media Room,Fitness Room,Foyer,Great Room,Entry
  • Main Floor Bedroom: 1
  • Mechanicals: Water Heater-Electric,Generator
  • Window Features: Vinyl Windows
Room Information
Room 1
  • RoomDescription: Vaulted Beemed Ceilings -Beautiful Views from the large windows overlooking the lake
  • RoomLevel: Main
  • RoomType: Living Room
Room 2
  • RoomDescription: Combined with dining room breakfast bar with great appliances next to the second story screen porch overlooking the lake
  • RoomLevel: Main
  • RoomType: Kitchen
Room 3
  • RoomDescription: Combined with dining room, kitchen great seating area for conversation or just relax
  • RoomLevel: Main
  • RoomType: Living Room
Room 4
  • RoomDescription: Bedroom 3- Wonderful size leading to private sitting area overlooking the yard could be used as a home office
  • RoomLevel: Main
  • RoomType: Bedroom
Room 5
  • RoomDescription: Walk in closet private Bath with shower overlooking the lake
  • RoomLevel: Upper
  • RoomType: Primary Bedroom
Room 6
  • RoomDescription: Bedroom 2- Private bathroom with shower closet
  • RoomLevel: Upper
  • RoomType: Bedroom
Room 7
  • RoomDescription: Bedroom 4- Lower level large bedroom - bathroom and sauna are on this level
  • RoomLevel: Lower
  • RoomType: Bedroom
Room 8
  • RoomDescription: Rec Room lower level walk out large & spacious for watching the game, working out or play room
  • RoomLevel: Basement
  • RoomType: Great Room
Room 9
  • RoomDescription: Large Sauna next to the back door to run out and jump in Lake Vermilion!
  • RoomLevel: Lower
  • RoomType: Sauna
Room 10
  • RoomLevel: Basement
  • RoomType: Utility Room
Room 11
  • RoomDescription: Large Full Bath Lower Level
  • RoomLevel: Lower
  • RoomType: Bathroom
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2026-07-20
  • Management Company: ***
  • Management Company Phone Email: ***
  • Power Company: Lake Country Power
  • Transaction Type: For Sale
Rental
Rent Information
  • Leased Land: Owned
  • Lender Owned: No

Property History for 7331 Frazer Bay Road

DateEvent & SourcePriceAppreciation
Jul 20, 2026

Listed (Active)

Lake Superior Area REALTORS #6126860

$1,400,000
Nov 1, 2025

Off Market

NorthStar #6249828

Oct 31, 2025

Off Market

Lake Superior Area REALTORS #6104979

$1,495,000
DateEvent & SourcePrice
07/20/2026

Listed (Active)

Lake Superior Area REALTORS #6126860

$1,400,000
11/01/2025

Off Market

NorthStar #6249828

10/31/2025

Off Market

Lake Superior Area REALTORS #6104979

$1,495,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 7331 Frazer Bay Road

Taxable ValueLand$269,700Additions$413,800Total$683,500
Tax Record2026$7,310 ($609 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt2,863 SqFtAbove Grade Finished SqFt1,707 SqFtFinished Basement SqFt1,156 SqFtStories1Lot Size43,936 SqFtStyleSingle Family ResidenceCountyST. LOUISAPN387-0430-54510

Schools near 7331 Frazer Bay Road

This home is within St. Louis County School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - 7 to 12
Public - PK to 6
Rating
School
Distance
Tower-Soudan Elementary School
PublicPK to 6

North Woods Secondary
Public7 to 12

Northeast Range Secondary
Public7 to 12

Cherry Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Explore Nearby Homes

7331 Frazer Bay Road is a single family home for sale in Cook, MN 55723. This property was listed for sale on July 20, 2026 by Tellor Realty LLC, it's currently listed at $1,400,000. This listing's school district is St. Louis County School District. Nearby schools include Tower-Soudan Elementary School, North Woods Secondary and Northeast Range Secondary. 7331 Frazer Bay Road is a 4-bed, 4-bath, 3,129 sqft single family home built in 2000.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Tellor Realty LLC

Based on information submitted to the MLS GRID as of 07/24/2026 02:38 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.