$3,000,000

4 Beds 3 Baths 3,735 Sqft

49945 Lake Owen Drive, Cable, WI 54821

Property Type: Single-Family
Building Type: 1.5 Story,4-Season
Time on Market: 6 days
Price per Sqft: $803
Lot Size: 0 x 0 x
Waterfront: Y
Garage: Y
Total Taxes: $17,470
Est. Age: 21+ Years

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.

Property Details

Interior

Appliances:
  • Dishwasher, Dryer, Range/Oven, Range hood, Refrigerator, Washer
Basement:
  • Finished, Poured Concrete
Baths:
  • Full Baths: 3
Heating/Cooling:
  • Central Air, Forced Air
Heat Fuel:
  • Lp Gas
Interior Features:
  • Sauna, Circuit Breakers
Sqft:
  • Total Sqft: 3,735
  • Estimated Sqft Range: 3501-5000

Rooms

Room Basement Level Lower Level Main Level Upper Level
Master Bedroom 19x11
Bedroom 2 19x16
Bedroom 3 13x12
Bedroom 4 19x11
Family Room 44x21
Kitchen 13x11
Living Room 22x20

Exterior

Acreage:
  • Range: 5 to 9.99
Exterior:
  • Log
Exterior Features:
  • Patio, Patio-Enclosed
Garage:
  • Details: None
Lot:
  • Size: 0 x 0 x
Outbuildings:
  • Garden Shed
Water:
  • Body of Water: Owen
  • Features: Over 300 feet, Bottom-Sand, Shore-Shoring, Lake, Waterfrontage on Lot
  • Waterfront: Y
Water/Waste:
  • Private Septic System, Well

Misc.

New Construction:
  • N
Postal:
  • Code: 54821
Street:
  • Name: Lake Owen Drive
  • Suffix: DRIVE
Tax Year:
  • 2025
Zoning:
  • Residential,Shoreline

Map

Listing Agent-Provided Directions:
  • From Cable: US Highway 63 north to Drummond take right onto N Lake Owen Drive to fire number. Sign on property.

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Schools and Neighborhood

School District:
  • Drummond
Postal City:
  • Cable
Municipality:
  • Name: DRUMMOND
  • Type: Town
County:
  • BAYFIELD

Market Comparison

How this property compares to local market averages — calculated 8/6/2026

This Property
Cable Single Family Home Avg
Bayfield County Single Family Home Avg
List Price
$3,000,000
$910,729
$628,772
Median Price
$750,000
$446,950
Price / Sq Ft
$803
$614
$382
Days on Market
6 days
96 days
102 days
Total Listings
27
136

Listing Information

  • Time on Market: 6 days
  • Place Perfect Last Updated: 2026-07-31 01:32:09
  • MLS Number: 1603626
  • Subsystem Locale: WIREX_NWW
  • Listing Office: McKinney Realty LLC
  • Listing Agent: Logan Arthur
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This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

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