Newer energy efficient 2 BR, 1 bath lake home centrally located on Lake Vermilions Frazer Bay. Close to the water, and ready to move right into. Lofted ceilings, lends itself beautifully to the lake Large upper family room overlooking open kitchen, dining and living room area. Maintenance free exterior, large deck, tear drop concrete fire pit and 50' of sand beach. This would make a very affordable Lake home or seasonal retreat. This is a great Vermilion value!!!
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Market trends in 55723, MN
Last updated September 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
92.5%
2.6% MoM
Median sale price
$169K
$18K MoM
Avg. days on market
77d
44 days MoM
Recently sold homes
8
1 MoM
Provided by Redfin
Sale history for 7239 Frazer Bay Rd
Date
Event
Price
RAOR #125359
Jun 15, 2015
Sold
$235,000
$157/sq ft
Oct 2, 2014
Listed
$247,000
$165/sq ft
RAOR #122005
Aug 15, 2014
Sold
$169,500
$113/sq ft
Jul 23, 2013
Listed
$195,000
$130/sq ft
Seller Motivated! Price Reduced on this beautiful 2 bedroom lake home centrally located on Lake Vermilion. This newly built home has fantastic view from the large deck and loft area, with an open kitchen, dining and living areas. This property also boast a shared well and septic system that meets county requirements. One of the nicest, yet cheapest, lake homes on Vermilion.
NORTHSTARMLS as Distributed by MLS Grid #MAM26831
Jul 29, 2009
Listed
$275,000
$183/sq ft
Public Records
Mar 28, 2001
Sold
$65,000
$43/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$3,464 (+10.7%)
$122,300 + $259,900
$382,200
2025
$3,128 (−0.9%)
$110,400 + $260,200
$370,600
2024
$3,158 (+9.2%)
$110,400 + $260,200
$370,600
2023
$2,892 (+2.5%)
$97,900 + $214,400
$312,300
2022
$2,822 (+11.6%)
$87,400 + $178,900
$266,300
2021
$2,528 (+0.6%)
$82,700 + $155,300
$238,000
2020
$2,512 (+1.1%)
$82,700 + $155,300
$238,000
2019
$2,484 (+4.9%)
$80,600 + $151,000
$231,600
2018
$2,368 (+2.1%)
$80,600 + $136,300
$216,900
2017
$2,320 (−0.6%)
$80,600 + $136,300
$216,900
2016
$2,334 (−23.0%)
$80,600 + $136,300
$216,900
2014
$3,033 (−2.0%)
$88,400 + $160,300
$248,700
2013
$3,096
$90,100 + $160,300
$250,400
Tax history for 7239 Frazer Bay Rd
Year
Property tax
Land + Additions
Assessment*
2026
$3,464 (+10.7%)
$122,300 + $259,900
$382,200
2025
$3,128 (−0.9%)
$110,400 + $260,200
$370,600
2024
$3,158 (+9.2%)
$110,400 + $260,200
$370,600
2023
$2,892 (+2.5%)
$97,900 + $214,400
$312,300
2022
$2,822 (+11.6%)
$87,400 + $178,900
$266,300
2021
$2,528 (+0.6%)
$82,700 + $155,300
$238,000
2020
$2,512 (+1.1%)
$82,700 + $155,300
$238,000
2019
$2,484 (+4.9%)
$80,600 + $151,000
$231,600
2018
$2,368 (+2.1%)
$80,600 + $136,300
$216,900
2017
$2,320 (−0.6%)
$80,600 + $136,300
$216,900
2016
$2,334 (−23.0%)
$80,600 + $136,300
$216,900
2014
$3,033 (−2.0%)
$88,400 + $160,300
$248,700
2013
$3,096
$90,100 + $160,300
$250,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
2,629 Sq. Ft.
Year renovated
—
Sq. Ft.
1,388
Year built
2006
Style
Other
County
St. Louis County
APN
387-0430-36500
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
Property details
Parking
Parking/Garage Information
Parking Features: None
Interior
Heating & Cooling
Has Heating
Heating: Radiant Floor
Interior Features
Appliances: Electric Range, Refrigerator, Electric Water Heater
Fireplace Features: Gas Log
Room Information
Basement Details: None
Exterior
Exterior Features
Patio And Porch Features: Deck
Roof: Metal
Building Information
# of Stories Total: 2
Construction Materials: Frame, Vinyl Siding
Property Features
Waterfront Features: Lake
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Lot Information
Lot Features: Irregular Lot
Water Body Name: VERMILION
Lot Size : 195 x50
Utilities
Utility Information
Water Source: Shared Well
Sewer: Septic Tank
Location
Schools Information
School District: St.Louis County-2142
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,388
Stories: 1.0
Lot Size: 2,629 square feet
Style: Other
Year Built: 2006
Year Renovated: —
County: St. Louis County
APN: 387-0430-36500
Home facts updated by county records on Aug 7, 2026
Around this home
Schools
Tower-Soudan Elementary School
Public PreK-6 • Assigned • 9.3mi
5/10
Northeast Range Secondary
Public 7-12 • Assigned • 25.8mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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)
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-5
24
1
38
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47
29
66
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51
80
57
74
54
69
49
58
38
38
24
22
5
Jan
Feb
Mar
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May
Jun
Jul
Aug
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.