$888,000
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1992W di Amond RD, Mercer, WI 54547

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3 Beds
1 Bath
2,460 Sq Ft

An irreplaceable investment opportunity on the crystal-clear waters of Martha Lake. This sprawling, highly unique property boasts nearly 19 pristine acres and approximately 1,000 feet of coveted, western-facing lake frontage. The beautifully wooded acreage features a perfectly level topography with a gentle, moderate slope ideal for a walk-out basement design. Steeped in history as a former vintage resort, the expansive parcel offers unparalleled privacy close to town and immediate potential to either create a grand, private estate or subdivide for a lucrative return. The property includes a 3-bedroom main home with a full basement, an oversized 2-car garage with a private upper-level deck, and three historic 1920s log cabinsincluding one sitting directly at the water's edgeawaiting your vision. Properties on this pristine, "gin-clear" lake are exceptionally rare; the true value is in this massive, versatile footprint.

Listing By: MICKI PIERCE-HOLMSTROM - CENTURY 21 PIERCE REALTY - MERCER winwar Realty.com
  • MLS# 217297
  • Date Listed05/22/2026
  • Days on Realty 44 Days
  • Bedrooms 3
  • Bathrooms 1 Full baths
  • Lot Size 18.78 acres (818,057 sq. ft)
  • Sewer Conventional Sewer
  • Property Type Single Family
  • County Iron
  • Water Driven Well, Well
  • Square Feet 2,460 sq. ft
  • Price Per Sq. Ft $360.98

Interior Features

  • Appliances Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer
  • Flooring Vinyl, Wood
  • Heating Forced Air, Propane

Exterior / Lot Features

  • Exterior Propane Tank Owned, Guest House
  • Roof Metal
  • Lot Size Acres 18.78
  • Lot Size SQFT 818,057.00
  • Lot Features Dead End, Lake Front, Level, Private, Secluded, Sloped, Views, Wooded

Directions

Hwy 51 North in Mercer turn RT on CTH J, turn RT on Martha Lk Rd, RT on Diamond Rd to end and straight at fire number 1992W

Financial Considerations

  • Tax Amount $6,655
  • Terms Cash, Conventional, FHA, VA Loan

Schools near 54547

Explore the local neighborhood highlights and top-rated schools near 54547 in Mercer, WI.

Nearby Schools

Source: School Digger

Mercer School

Public • PK - 12 • Serves this home

2.29 mi

Distance

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 54547

Discover key demographics, population statistics, and environmental insights for the Mercer, WI area.

Population & Environment

Source: Sperling's Best Places

Walkability in WI / 54547

Source: Walk Score

0/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

21/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 2/100, Transit Score: 0/100, Bike Score: 22/100.

Property Change History

Property Lot Features updated
Price Per Square Foot decreased from $704.76 to $360.98
Property Exterior Features updated
Guest House → Propane Tank Owned, Guest House
Agent added 34 new photos to the listing
0 → 34 photos

Points of Interest near 1992W DIAMOND RD, Mercer, WI 54547

Frequently Asked Questions for 1992W DIAMOND RD

Source: Realty.com

1992W DIAMOND RD, Mercer, WI 54547 in Mercer, WI 54547 is a single family listed at $888,000. Highlights include 3 bedrooms, 1 bathroom, 2,460 sq. ft., 18.78 acre lot, $361 per sq. ft.. Realty.com has 34 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 34 photos of 1992W DIAMOND RD.

The full address for this home is 1992W DIAMOND RD, Mercer, WI 54547.

1992W DIAMOND RD has been listed on Realty.com since Fri May 22, 2026

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 2/100, Transit Score: 0/100, Bike Score: 22/100.

There are 1 schools assigned to this home. Check out the schools near 1992W DIAMOND RD. Mercer School (Grades: PK - 12)

Listing provided courtesy of: Century 21 Pierce Realty - Mercer (tel: 715-476-2111)
Listing agent: Micki Pierce-holmstrom (tel: 715-476-2111) (#21602)

This content last refreshed on 2026-07-05 20:54:31. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.