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OPEN HOUSE: Friday July 25 from 4:00-5:00 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.

Property Details of 7331 Frazer Bay Road

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Listed by Tracey Tellor of Tellor Realty LLC (***)

Listings courtesy of Lake Superior Area REALTORS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of July 21, 2026 10:39 AM UTC. 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. IDX information is provided exclusively for consumers’ personal noncommercial 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. The use of the MLS GRID Data may be subject to an end user license agreement.

 
 

 

 

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