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5481 Teakwood Dr, Monroe, MI, 48161

6beds
7baths
8,734sqft
$1,400,000
$160price/sqft
$11,682/moest. monthly cost
$467,280/yrincome needed

About This Home

The first opportunity to purchase a home in prestigious Teakwood Estates in over 15 years. This extraordinary custom-built estate showcases uncompromising craftsmanship and timeless design throughout. A breathtaking marble foyer welcomes you with a sweeping double-curved staircase beneath a spectacular 12-foot crystal chandelier. Designed for both everyday living and grand entertaining, the home features a chef's kitchen with Sub-Zero appliances, imported custom cabinetry, soaring ceilings, exquisite millwork, and walls of windows that fill the home with natural light. The expansive first-floor primary suite offers a luxurious bath, custom walk-in closets, private office, and dedicated fitness area. The finished lower level with a full bar provides exceptional entertaining space. Perfectly positioned deep on its parcel and surrounded by mature trees, the backyard offers an exceptional level of privacy rarely found in a neighborhood setting, complete with a resort-style in-ground pool, spa, and pool house. Major recent improvements include a new roof, commercial-grade gutters, HVAC systems, hot water tanks, and a newly repaved and sealed driveway. A truly rare offering in one of Monroe County's most exclusive neighborhoods.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

4/10
Custer Elementary SchoolGrades PK-60.9 mi
6/10
Monroe Middle SchoolGrades 6-82.2 mi
--
Monroe High SchoolGrades 8-122.7 mi

Construction

Condition

  • Year built: 1993

Materials

  • Foundation: Basement,Concrete Perimeter
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Bar Fridge,Dishwasher,Disposal,Dryer,Freezer,Humidifier,Microwave,Range/Oven,Refrigerator,Washer,Gas Water Heater
  • Laundry features: First Floor Laundry,Main Level

Basement

  • Has basement: Yes
  • Basement: Finished,Full,Concrete,Sump Pump

Bathroom1

  • Features: Marble
  • Level: Main
  • Area: 272

Bathroom2

  • Features: Tile
  • Level: Upper
  • Area: 90

Bathroom3

  • Features: Tile
  • Level: Upper
  • Area: 80

Bathroom4

  • Features: Tile
  • Level: Upper
  • Area: 80

Bathroom5

  • Features: Tile
  • Level: Basement
  • Area: 144

Bedroom

  • Features: Carpet
  • Level: Upper
  • Area: 315

Bedroom1

  • Features: Carpet
  • Level: Main
  • Area: 459

Bedroom2

  • Features: Carpet
  • Level: Upper
  • Area: 280

Bedroom3

  • Features: Carpet
  • Level: Upper
  • Area: 340

Bedroom4

  • Features: Carpet
  • Level: Upper
  • Area: 684

Bedroom5

  • Features: Carpet
  • Level: Upper
  • Area: 280

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 7
  • Full bathrooms: 5
  • 1/2 bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Features: Wood
  • Level: Main
  • Area: 196

Family Room

  • Features: Wood
  • Level: Main
  • Area: 238

Features

  • High Ceilings,Interior Balcony,Cathedral/Vaulted Ceiling,Sound System,Sump Pump,Walk-In Closet(s),Bar,Spa/Sauna,Central Vacuum,Pantry,Eat-in Kitchen
  • Window features: Bay Window(s),Window Treatments,Storms/Screens
  • Flooring: Ceramic Tile,Hardwood,Carpet,Wood,Concrete,Marble
  • Number of fireplaces: 3
  • Fireplace features: Family Room,Living Room,Master Bedroom
  • Fireplace: Yes
  • Finished area below ground: 1,476
  • Finished area above ground: 7,258

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 9,297
  • Total interior livable area: 8,734 sqft

Kitchen

  • Features: Wood
  • Level: Main
  • Area: 720

Living Room

  • Features: Wood
  • Level: Main
  • Area: 435

Master Bedroom

  • Level: First

Property

Accessibility

  • Accessibility features: Exterior Wheelchair Lift,Accessible Bedroom,Accessible Central Living Area,Accessible Closets,Accessible Common Area,Accessible Doors,Accessible Entrance,Accessible Full Bath,Accessible Hallway(s),Accessible Kitchen,Accessible Stairway,Main Floor Laundry

Details

  • Parcel number: 1220700600
  • Zoning description: Residential
  • Special condition: Trust
  • Other equipment: Air Cleaner

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: In Ground,Outdoor Pool
  • Patio & porch: Patio,Terrace
  • Exterior features: Balcony,Lawn Sprinkler,Street Lights
  • Has spa: Yes
  • Spa features: Bath,Spa/Hot Tub,Spa/Jetted Tub
  • Fencing: Fenced
  • Has view: Yes
  • View description: Rural View
  • Frontage type: Road
  • Frontage length: 68

Lot

  • Lot size: 1.43 Acres
  • Features: Deep Lot - 150+ Ft.,Wooded,Cul-De-Sac,Dead End,Subdivision
  • Lot size dimensions: 68 x 362

Parking

  • Total spaces: 3
  • Parking features: Garage,Driveway,Attached,Electric in Garage,Heated Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Strong Wind
Tornado
Hail
Ice Storm
Winter Weather
Tsunami

FEMA Declared Disasters in Monroe County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,079$84,948
Home Insurance *$861$10,332
Property Taxes $2,790$33,480
Electricity $952$11,431
Total$11,682$140,184
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$400,525/yr
40% on housing$350,460/yr
45% on housing$311,520/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.0%
11.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$160This listing

vs Other Active Listings

Avg $/sqft

ZIP 48161$118
Monroe County$132

vs Homes Sold Last Month

Median $/sqft

ZIP 48161$132
Monroe County$173

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Listed for sale$1,400,000
2012-09-26Sold$550,000
2012-06-27Listed for sale$769,000
2012-03-16Sold$990,000

For Sale by Agent

AgentCole McNew
BrokerageColdwell Banker Haynes Real Estate Commercial

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