$1,900,000

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

  • MLS Number: 6623954
  • MLS Name: NORTHSTAR
  • Office Name: Vermilion Land Office, Inc.

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Last updated on: 3/9/2025, 6:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bird's eye view with a water view

$1,900,000

7228 Mercer Is

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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. The most common type of family is married, with kids. Most residents in this area have post secondary degree education.

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/snowboardingSkiing/snowboarding
  • College FootballCollege Football
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Express/Express For MenExpress/Express For Men
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • PaneraPanera
  • SonicSonic
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • InfinitiInfiniti
  • KiaKia
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • New CountryNew Country
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7228 Mercer Is

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.

Cook, MN housing market in February 2025 saw over 8 listings sold above listed price, more than 7 sold at listed price and over 14 sold below. Between January and February 2025, Cook, MN real estate market has seen increase in the number of listings by 14.2%. In February 2025, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $467,266.

From Rocket Homes Real Estate and based on county public records data.

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