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.
For sale
Price cut: $205K (9/9)
$1,195,000
5481 Teakwood Dr, Monroe, MI 48161
6beds
8,734sqft
Single Family Residence
Built in 1993
1.43 Acres Lot
$1,146,700 Zestimate®
$137/sqft
$40/mo HOA
What's special
- 80 days
- 1,105
- 83
Zillow last checked:
Listing updated:
Listed by:
Cole McNew 734-624-4923,
Coldwell Banker Haynes Real Estate Commercial 734-242-8484
Source: MiRealSource,MLS#: 50216143
Originating MLS: Southeastern Border Association of REALTORS
Originating MLS: Southeastern Border Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Breezeway, Den/Study/Lib, Entry, Exercise Room, Family Room, Bedroom, Laundry, Master Bedroom, In-Law/auPair/Ste, Living Room, Loft, Recreation Room, Sun/Florida Room, Master Bathroom, Office, Basement Full Bath, Breakfast Nook/Room, Dining Room
Primary bedroom
- Level: First
Bedroom
- Features: Carpet
- Level: Upper
- Area: 315
- Dimensions: 15 x 21
Bedroom 1
- Features: Carpet
- Level: Main
- Area: 459
- Dimensions: 27 x 17
Bedroom 2
- Features: Carpet
- Level: Upper
- Area: 280
- Dimensions: 14 x 20
Bedroom 3
- Features: Carpet
- Level: Upper
- Area: 340
- Dimensions: 20 x 17
Bedroom 4
- Features: Carpet
- Level: Upper
- Area: 684
- Dimensions: 19 x 36
Bedroom 5
- Features: Carpet
- Level: Upper
- Area: 280
- Dimensions: 20 x 14
Bathroom 1
- Features: Marble
- Level: Main
- Area: 272
- Dimensions: 17 x 16
Bathroom 2
- Features: Tile
- Level: Upper
- Area: 90
- Dimensions: 6 x 15
Bathroom 3
- Features: Tile
- Level: Upper
- Area: 80
- Dimensions: 8 x 10
Bathroom 4
- Features: Tile
- Level: Upper
- Area: 80
- Dimensions: 8 x 10
Bathroom 5
- Features: Tile
- Level: Basement
- Area: 144
- Dimensions: 8 x 18
Dining room
- Features: Wood
- Level: Main
- Area: 196
- Dimensions: 14 x 14
Family room
- Features: Wood
- Level: Main
- Area: 238
- Dimensions: 14 x 17
Kitchen
- Features: Wood
- Level: Main
- Area: 720
- Dimensions: 18 x 40
Living room
- Features: Wood
- Level: Main
- Area: 435
- Dimensions: 29 x 15
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Bar Fridge, Dishwasher, Disposal, Dryer, Freezer, Humidifier, Microwave, Range/Oven, Refrigerator, Washer, Gas Water Heater
- Laundry: First Floor Laundry, Main Level
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
- Flooring: Ceramic Tile, Hardwood, Carpet, Wood, Concrete, Marble
- Windows: Bay Window(s), Window Treatments, Storms/Screens
- Basement: Finished,Full,Concrete,Sump Pump
- Number of fireplaces: 3
- Fireplace features: Family Room, Living Room, Master Bedroom
Interior area
- Total structure area: 9,297
- Total interior livable area: 8,734 sqft
- Finished area above ground: 7,258
- Finished area below ground: 1,476
Property
Parking
- Total spaces: 3
- Parking features: Garage, Driveway, Attached, Electric in Garage, Heated Garage
- Attached garage spaces: 3
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
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Terrace
- Exterior features: Balcony, Lawn Sprinkler, Street Lights
- Has private pool: Yes
- Pool features: In Ground, Outdoor Pool
- 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
- Size: 1.43 Acres
- Dimensions: 68 x 362
- Features: Deep Lot - 150+ Ft., Wooded, Cul-De-Sac, Dead End, Subdivision
Details
- Additional structures: Guest House
- Parcel number: 1220700600
- Zoning description: Residential
- Special conditions: Trust
- Other equipment: Air Cleaner
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Basement, Concrete Perimeter
Condition
- Year built: 1993
Utilities & green energy
- Sewer: Public Sanitary
- Water: Public
Community & HOA
Community
- Security: Security System
- Subdivision: Teakwood Estates
HOA
- Has HOA: Yes
- Amenities included: Street Lights
- HOA fee: $475 annually
- HOA name: Teakwood Estates HOA
Location
- Region: Monroe
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $1,075,600
- Annual tax amount: $12,902
- Date on market: 7/24/2026
- Cumulative days on market: 81 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Trust
- Road surface type: Paved
Estimated market value
$1,146,700
$1.09M - $1.20M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Price change | $1,195,000-14.6%$137/sqft |
Source:  MiRealSource #50216143 Report a problem | ||
| 7/31/2026 | Listed for sale | $1,400,000+154.5%$160/sqft |
Source: MiRealSource #50216143 Report a problem | ||
| 9/26/2012 | Sold | $550,000-28.5%$63/sqft |
Source: MiRealSource #20095394 Report a problem | ||
| 6/27/2012 | Listed for sale | $769,000-22.3%$88/sqft |
Source: Coldwell Banker Haynes Real Estate, Inc. #3436345 Report a problem | ||
| 3/16/2012 | Sold | $990,000$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,902 +5.2% | $537,800 +3.9% |
| 2024 | $12,265 +5.1% | $517,550 +10.2% |
| 2023 | $11,673 +3.6% | $469,700 +9.3% |
| 2022 | $11,264 +1.4% | $429,550 -1.6% |
| 2021 | $11,107 +101.2% | $436,700 +1.2% |
| 2020 | $5,520 -41.2% | $431,400 +0.7% |
| 2019 | $9,382 +2% | $428,250 0% |
| 2018 | $9,199 -6% | $428,300 |
| 2017 | $9,781 +11.7% | $428,300 +2.3% |
| 2016 | $8,760 +0.1% | $418,700 +18.5% |
| 2015 | $8,754 | $353,350 |
| 2014 | $8,754 | $353,350 -2.4% |
| 2013 | -- | $362,050 +12.2% |
| 2012 | -- | $322,600 +1.2% |
| 2011 | -- | $318,700 -12.2% |
| 2010 | -- | $362,950 -18.9% |
| 2009 | -- | $447,500 -8.6% |
| 2008 | -- | $489,400 -5.3% |
| 2007 | -- | $516,750 +6.8% |
| 2006 | -- | $483,900 +4.8% |
| 2005 | -- | $461,900 +27% |
| 2003 | -- | $363,800 +7.9% |
| 2002 | -- | $337,100 +3.2% |
| 2001 | -- | $326,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Monroe
Nearby schools
Schools provided by the listing agent
- Elementary: Custer Elementary School
- Middle: Monroe Middle School
- High: Monroe High School
- District: Monroe Public Schools
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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