Waterfront
Address
49945 N Lake Owen Drive, Cable, WI
Price
$ 3,000,000
Property Attributes
  • ID#1603626
  • TypeSingle Family
  • Listing Status Active
  • CountyBayfield
  • CityCable
  • Zip54821
  • Style
  • Year Built2000
  • Taxes$ 17469
  • Price$ 3,000,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3735
  • Lot Size5.31 Acres
Data Source:
REALTOR® Association of Northwestern Wisconsin MLS (RANWW)
Property Description

Exceptional Northwoods retreat where timeless log home craftsmanship meets one of Wisconsin's most coveted lakes. Privately nestled on 5.3 wooded acres with an extraordinary 350 feet of pristine Lake Owen shoreline, this remarkable estate offers the perfect balance of luxury, privacy, and year-round recreation. A winding wooded drive welcomes you to the handcrafted log residence, where striking architectural details, soaring timber beams, and colorful wood accents create an unforgettable first impression. The home offers 4 bedrooms and 3 bathrooms, thoughtfully designed for both comfortable everyday living and effortless entertaining. The heart of the home is the spectacular great room, where a dramatic floor-to-ceiling wall of windows frames breathtaking views of Lake Owen while filling the space with natural light. Massive exposed timbers, a stunning stone fireplace, and handcrafted finishes showcase the exceptional quality. A spacious lower-level family room, complete with a pool table, provides the perfect gathering place for family and friends. Step outside to multiple covered porches overlooking the lake, beautifully landscaped grounds, and your own private sauna—the perfect place to unwind in every season. At the shoreline, enjoy two private dock slips, crystal-clear water, natural shoreline, and panoramic views across one of Wisconsin's clearest and most desirable lakes. Whether boating, fishing, swimming, or simply enjoying peaceful mornings on the dock, every aspect of this property celebrates the Northwoods. Surrounded by towering pines and hardwoods, the estate feels tucked away in its own private sanctuary while offering the amenities expected of a premier lakefront property. Constructed for the nationally televised PBS show, HOMETIME, and combining exceptional craftsmanship, unmatched privacy, and one of the finest settings on Lake Owen, a rare opportunity to own a true legacy estate—one designed to be enjoyed for generations to come.

Price History
7/27/2026 Listed $3,000,000

General Features

Sewer Septic Tank
Possession Close Of Escrow
Property SubType Single Family Residence
Tax Year 2025
County Bayfield
New Construction false
Property Type Residential
Home Owner Assoc false
Garage Y/N false
Status Active
Directions From Cable: (UPDATED FOR ROAD CLOSURE IN DRUMMOND) US Highway 63 north toward Drummond take right N Pine Rock Road to left onto Lake Owen Station Road to right onto N Lake Owen Drive to fire number. Sign on property.
ModificationTimestamp 2026-09-08T20:29:39.240-00:00
City Cable
View Y/N true
Senior Community Y/N false
High School District Drummond Area
Zoning Description Residential,Shoreline
Lot Size Units Acres
Waterfront Y/N true
Tax Annual Amount 17469.66
Standard Status Active
Middle/Junior School District Drummond Area
Elementary School District Drummond Area
Property Sub Type Additional Single Family Residence
PostalCity Cable
Heating Forced Air
Cooling Central Air
Appliances Dryer,Dishwasher,Gas Water Heater,Oven,Range,Refrigerator,Range Hood,Washer
Architectural Style One and One Half Story
Construction Materials Log
Year Built 2000
Electric Circuit Breakers
Township Town of Drummond
Levels One and One Half
Other Structures Shed(s)
Total Rooms 17
Full Baths 3
Legal Description PAR IN GOVT LOT 3 IN 2022R- 594665 TOG WITH EASE 69A
Virtual Tour https://tours.cfwebservicesllc.com/idx/331601
Waterfront Features Lake
Body of Water Owen
View Lake
Patio/Porch Features Concrete,Enclosed,Patio
Exclusions Other-See Remarks,Sellers Personal
Expected Active Date 2026-07-31
Spa Features Sauna

Interior Features

Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Basement Finished
Above Grade Finished Area 2160
Total Bedrooms 4
Below Grade Finished Area 1575
Total Baths 3
Fireplace Features Wood Burning

Exterior Features

Water Source Drilled Well,Private,Well
Lot Size Area 5.31
Building Area Total 3735
Lot Dimensions 0 x 0 x
Lot Size Acres 5.31
Parking Features Driveway,Gravel,No Garage
Foundation Details Poured
Fencing None
Frontage Length 350

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 54821

Price
AVG $720K
$3M
Taxes
AVG $5,377
$17,469
Year Built
AVG 1979
2000

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