Escape to your very own private & exceptional 7+ acre island nestled in the heart of Lake Vermilion's Frazer Bay. This exclusive property boasts a wealth of features that promise a truly extraordinary lakeside experience. Embrace the distinctive architectural charm of three stunning "Baker" Dome cabins, each offering a unique and cozy living space. Accommodate family & friends with ease in a spacious 1 BR guest cabin (with kitchen), plus a charming 1 BR bunkhouse, wet boathouse, & original icehouse! All buildings have new roofs! Hike along the picturesque walking trail with boardwalks, that encircles the island, providing enchanting views & moments of serenity plus a natural sand beach! Convenience is key, & this property offers a rare mainland access including another boathouse! This property promises a lifetime of cherished memories. First time on the market!
Single-familyProperty Type
1981Year Built
7 acresLot Size
$1,022Price/Sq.Ft.
Listed by Barbara Hegg• Vermilion Land Office, Inc.
Escape to your very own private & exceptional 7+ acre island nestled in the heart of Lake Vermilion's Frazer Bay. This exclusive property boasts a wealth of features that promise a truly extraordinary lakeside experience. Embrace the distinctive architectural charm of three stunning "Baker" Dome cabins, each offering a unique and cozy living space. Accommodate family & friends with ease in a spacious 1 BR guest cabin (with kitchen), plus a charming 1 BR bunkhouse, wet boathouse, & original icehouse! All buildings have new roofs! Hike along the picturesque walking trail with boardwalks, that encircle the island, providing enchanting views & moments of serenity plus a natural sand beach! Convenience is key, & this property offers a rare mainland access including another boathouse! This property promises a lifetime of cherished memories. First time on the market!
LSAR as distributed by WIREX #6122783
Nov 4, 2025
Listed
$1,900,000
$1,022/sq ft
+35
Escape to your very own private & exceptional 7+ acre island nestled in the heart of Lake Vermilion's Frazer Bay. This exclusive property boasts a wealth of features that promise a truly extraordinary lakeside experience. Embrace the distinctive architectural charm of three stunning "Baker" Dome cabins, each offering a unique and cozy living space. Accommodate family & friends with ease in a spacious 1 BR guest cabin (with kitchen), plus a charming 1 BR bunkhouse, wet boathouse, & original ice house! All buildings have new roofs! Hike along the picturesque walking trail with boardwalks, that encircles the island, providing enchanting views & moments of serenity plus a natural sand beach! Convenience is key, & this property offers a rare mainland access including another boathouse! This property promises a lifetime of cherished memories. First time on the market!
NORTHSTARMLS as Distributed by MLS Grid #6813812
Nov 4, 2025
Listed
$1,900,000
$1,022/sq ft
NORTHSTARMLS as Distributed by MLS Grid #6623954
Oct 29, 2025
Listing Removed
—
Oct 28, 2024
Listed
$1,900,000
$1,022/sq ft
NORTHSTARMLS as Distributed by MLS Grid #6454519
Oct 26, 2024
Listing Removed
—
Jan 31, 2024
Relisted
—
Nov 15, 2023
Listed
$1,900,000
$1,022/sq ft
Nov 1, 2023
Coming Soon
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As the MLS and public records start to fill up, we'll list the details here.
Public record
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Total Sq. Ft.
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Style
Single Family Residential
County
St. Louis County
APN
387-0031-01520;0430-36550
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Last updated by owner on Sep 9, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 91° expected this year, 12 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Cook, MN • 55723
Average low and high temperatures (°F)
14
-5
24
1
38
17
47
29
66
40
74
51
77
55
74
54
73
50
58
38
38
24
22
5
Jan
Feb
Mar
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May
Jun
Jul
Aug
Sep
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Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Cook. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7228 Mercer Is
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $320,000 and $780,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $320K to $780K.