$5,343 Closing Credit¹
#6690138, Listing Office: LPT Realty, LLC
$1,900,000 List price
7228 Mercer Is Cook, MN 55723
$10,000
Closing credit¹
1 bed
1 bath
1,860 sqft
$1,022 / sqft
House
Property details
About 7228 Mercer Is
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 thatpromise 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!
Highlights
Home typeSingle Family Residence
HeatingBaseboard
StatusActive
CoolingWall Unit(s)
Size1,860 sqft
Year built1981
ParkingOther
MLS #6623954
WaterfrontLake Front
ViewBay, Lake, Panoramic
Virtual tour
Summary
- Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer
- Basement: No
- Total Bedroom Count: 1
- Parking: Other
- Waterfront: Lake Front
- View: Bay, Lake, Panoramic
- Heating: Baseboard
- Cooling: Wall Unit(s)
- List Price: $1,900,000
- Price/SqFt: $1,021
- Annual Tax Amount: $4,168
- Tax Year: 2022
- Lot: Accessible Shoreline, Island/Peninsula
- Directions: Via boat from Frazer Bay Public Land, Shamrock Marina or the private access land across from Mercer Island.
- Year Built: 1981
- Living Area: 1,860 SqFt
- MLS Number: 6623954
- MLS Name: NORTHSTAR
- Office Name: Vermilion Land Office, Inc.
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$1,900,000
7228 Mercer Is
$10,000
closing credit¹
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Seller rebate
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $490,500 | $4,168 |
| 2021 | $434,300 | $4,524 |
| 2020 | $413,000 | $4,382 |
| 2019 | $412,300 | $4,440 |
History based on county public records data.
Nearby schools
5
Clover Ridge Elementary School
Public District KG-5
0.7 mi
•114000 Hundertmark Rd
4
La Academia
Public District KG-5
1.4 mi
•1800 N Chestnut St
7
Jonathan Elementary School
Public District KG-5
1.6 mi
•110300 Pioneer Trl W
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $75,568. Typical income of Cook, MN residents is between $35k-100k annually. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
9%
<35k
56%
35k-100k
28%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
28%
Single, No Kids
11%
Single, with Kids
20%
Married, No Kids
41%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
28%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
35%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
College Football
Extreme Sports
Where do the neighbors shop?
BJs Wholesale Club
Express/Express For Men
Academy Sports & Outdoors
Where do the neighbors go to eat?
Panera
Sonic
Little Caesars
What do the neighbors drive?
Infiniti
Kia
Chevrolet
What do the neighbors listen to?
Adult Hits
New Country
Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7228 Mercer Is
The listing price of 7228 Mercer Is property is $1,900,000.
The property 7228 Mercer Is is a house located in Cook, Minnesota, 55723.
Active Listing: 7228 Mercer Is is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7228 Mercer Is are: Clover Ridge Elementary School (GreatSchools Rating 5/10), La Academia (GreatSchools Rating 4/10), Jonathan Elementary School (GreatSchools Rating 7/10), World Learner Charter School (GreatSchools Rating 6/10), Chaska Middle School West (GreatSchools Rating 7/10), Chaska Middle School East (GreatSchools Rating 7/10), Sw Metro Area Learning Center (GreatSchools Rating 3/10), Sw Metro Online Learning (GreatSchools Rating 4/10), Integrated Arts Academy (GreatSchools Rating 3/10).
According to the records, the last property tax for 2022 is $4,168 (source: MLS/based on county public records data).
The property at 7228 Mercer Is has 1 bedroom and 1 bathroom.
The property 7228 Mercer Is is 1,860 SqFt (source: MLS/tax record).
The year of construction for 7228 Mercer Is is 1981.
This home is located at 7228 Mercer Is in Cook, MN and zip code 55318 in the Traditions at Clover Ridge neighborhood. This 1,860 square foot home was built in 1981. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $1,900,000.
In April 2025 more than 11 listings in Cook, MN were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 14 were sold below. The number of listings in Cook, MN increased by 14% between March and April 2025. The median list price of listings available in April 2025 was $510,000, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.