Address
1125 Owaissa Street, Negaunee, MI
Price
$ 819,000
Property Attributes
  • MLS#50217231
  • TypeSingle Family
  • Listing Status Active
  • CountyMARQUETTE
  • CityNegaunee
  • AreaNegaunee
  • NeighborhoodTeal Lake Dev Co Inc
  • Zip49866
  • StyleConventional Frame
  • Year Built1968
  • Price$ 819,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage1891
  • Lot Size0.7 Acres
Data Source:
MiRealSource (MIRS)
Property Description

Final price drop of 2026. Listing will be pulled October 1st. This is lakeside living at its finest. Nestled on a rare double lot along the shores of Teal Lake, this 5-bedroom, 3.5-bath home offers over 3,000 square feet of thoughtfully designed space—inside and out. From sunrise coffees to sunset cocktails, you’ll enjoy panoramic views from nearly every room and unwind on your own private sandy beach and lakeside patio. The exterior is a masterclass in comfort and curb appeal: five paver patios, extensive landscaping with garden lighting, a paver driveway, and lakeside pergola. The smart irrigation system keeps the immaculate lawn and vibrant gardens lush and green, while the maintenance-free exterior—brick, simulated cedar siding, and aluminum-clad windows—means you can spend more time enjoying and less time maintaining. Step inside to a seamless blend of warmth and sophistication. The main floor features the kitchen that is outfitted with granite countertops, under-cabinet lighting, heated floors, and high-end stainless steel appliances. Solid maple floors, a gas fireplace, and a double fiberglass entry add elegance and function to the main living space. The spacious primary suite with bamboo flooring, a luxurious en suite with a heated ceramic floor, Kohler fixtures, granite vanity, and a bidet seat. The main level is also home to two more bedrooms and a spa-like bath with marble counters, heated floors, and premium Kohler fixtures. The walk-out lower level is designed for both relaxation and recreation, with two additional bedrooms, a family room with surround sound, workout area, and a custom sauna suite complete with its own bath, dual Kohler shower heads, body jets, and heated floors. Additional highlights include, multiple Mitsubishi mini-split A/C, central vacuum, heated 2-car garage with newly painted floor, and high-efficiency design throughout. This isn’t just a home—it’s your own private retreat on Teal Lake. There's still lots of summer left to enjoy the lake!!

Elementary School Middle School High School
Lakeview Elem Negaunee Middle School Negaunee High School
Price History
8/4/2026 Listed $868,000
8/17/2026 3$849,000
8/28/2026 4$819,000

General Features

Heating Boiler,Hot Water,Zoned Heating,Radiant Floor
Kitchen Level Upper
Cooling Wall/Window A/C
Possession Negotiable (Possession)
Fireplaces Gas Fireplace,LivRoom Fireplace
Garage Attached Garage,Electric in Garage,Heated Garage
Zoning R-1 Residential One
Water Public Water
Appliances Dishwasher,Dryer,Range/Oven,Refrigerator,Washer
Status Active
Full Baths 3
Half Baths 1
Bathrooms 4
Year Built 1968
Parking Garage
Subdivision Teal Lake Dev Co Inc
Water Heater Gas,Other
Style Conventional Frame
County Marquette
Class RESIDENTIAL
Type Single Family
Ownership Private
New Construction Y/N No
Associated Document Count 6
Electric 200+ Amp Service,Circuit Breakers
Status Active
Zoning Residential
Subdivision MI
Sale/Rent For Sale
Utilities Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected,Internet Spectrum
Flood Insurance Not Required
Manufactured Y/N No
ROOMS Family Room,First Floor Bedroom,First Flr Primary Bedroom,Living Room,Primary Bedroom,Primary Bathroom,Basement Full Bath,Primary Bdrm Suite
Structure Style Tri-Level
Subj to Short Sale Apprvl No
Home Warranty Y/N No
Area Negaunee (52021)
Primary City Negaunee
Directions US41 W to Negaunee. Take a R at traffic lake at Teal Lake Ave/Croix St. Take L on Owaissa St. House on L.
High School Negaunee High School
City Negaunee
School District Negaunee Public Schools
VIEW Lake View
Lease Y/N No
Originating MLS Upper Peninsula Assoc of Realtor
Source MLS MI Real Source
Financial Terms Cash,Conventional,Conventional Blend,FHA,VA,Rural Development
Elementary School Lakeview Elem
Middle School Negaunee Middle School
Legal Description LOTS 7 & 8 BLK 1 OF TEAL LAKE DEVELOPMENT CO 2ND ADD
DOM 37
Postal Code 49866
Price Per Sq Ft Total AG 433.1
Public Remarks Final price drop of 2026. Listing will be pulled October 1st. This is lakeside living at its finest. Nestled on a rare double lot along the shores of Teal Lake,this 5-bedroom

Interior Features

Interior Amenities Cable/Internet Avail.,Ceramic Floors,Hardwood Floors,Sound System,Walk-In Closet,Skylights
Family Room Level Lower
Dining Room Level Main
Living Room Level Main
Basement Block,Finished,Full,Walk Out
Bedroom 3 Level Main
Bedroom 1 Level Main
Bedroom 2 Level Main
Laundry Room Level Upper
Kitchen Length 16
Family Room Length 32
Laundry Room Width 13
Family Room Width 13
Living Room Length 16
Bedroom 4 Width 13
Bedroom 2 Width 11
Bedroom 3 Width 17
Laundry Room Length 5
Dining Room Width 10
Bedroom 4 Length 15
Bedroom 2 Length 12
Living Room Width 23
Bedroom 3 Length 13
Dining Room Length 16
Bedroom 5 Length 12
Kitchen Width 12
Beds 5
Fireplace? Yes
Total Rooms 13
Bedroom 5 Width 12
Bedroom 1 Length 11
Bedroom 1 Width 11
Below Grade SqFt 1404
Above Grade SqFt 1891
Bath Descriptions Not Applicable
Basement Y/N Yes
Fireplaces Total 1
Kitchen Floor Covering Ceramic
Total SqFt Finished 3075
Bathroom 1 Length 10
Bathroom 1 Width 9
Bathroom 2 Length 10
Bathroom 2 Width 9
Bathroom 3 Length 6
Bathroom 3 Width 9

Exterior Features

Exterior Vinyl Siding
Exterior Amenities Deck,Lawn Sprinkler,Patio,Garden Area
Frontage 120
Body of Water Teal Lake
Garage Dimensions 24x27
Lot Size Area 0.7
Pool (Y/N) No
Lot Dimensions 120x100x159x100
OUT BUILDINGS Shed
Garage # of Car 2
Water Features Lake Frontage,Lake/River Access,Water View,Waterfront,Beach Front,No Gas Motors,Interior Lake,Sandy Bottom
Roads City/County
FOUNDATION TYPE Basement
SEWER/SEPTIC Public Sanitary
Waterfront Y/N Yes
Garage Y/N Yes
Frontage Type Water

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 49866

Price
AVG $390K
$820K
Year Built
AVG 1961
1968
Visits
AVG 132
313
Data Provided by Inside Real Estate®