0.37 mi
Distance
Closed
Payment Lake - Affordable waterfront property with beautiful views of Payment Lake. Has a driveway area, cleared site and plenty of room for your cabin, garage or camper to start enjoying the beautiful Northwoods area now! It has 344 ft of shoreline, 1.61 acres of level land and year round access on a town road. The shoreline along the lake is wet & boggy; for board-walk potential to Payment Lake being 66 acres, 17 ft depth known for its Musky, Panfish, Bass, Northern & Walleye fishing, and no public boat assess. Quiet area with easy access to ATV & Snowmobile trails, plus only a few miles to Mercer and State & Iron County Forest Lands! Adjoining property available too. $24,800.
Listing By: KATHY TUTT - RE/MAX ACTION NORTHWOODS REALTY, LLC 
- MLS# 189432
- Date Listed03/05/2021
- Bedrooms -
- Bathrooms
- Lot Size 1.61 acres (70,132 sq. ft)
- County Iron
Exterior / Lot Features
- Roof -
- Lot Size Acres 1.61
- Lot Size SQFT 70,132.00
- Lot Features Level, Wooded, Wetlands, Waterfront
Directions
From Mercer - HWY 51 north to RIGHT on CTH J. Go 2.8 miles to LEFT on Payment Lake Road. Go 2 blocks to 2nd real estate office sign on LEFT
Financial Considerations
- Tax Amount $1,017
- Terms Cash, Conventional, FHA, VA Loan
Nearby Schools
Source: School Digger
Public • PK - 12 • Serves this home
3.48 mi
Distance
IR Mercer
Unknown • 6 - 8 • Serves this home
- mi
Distance
IR Mercer
Unknown • 9 - 12 • Serves this home
- mi
Distance
Public • PK - 12 • Serves this home
3.48 mi
Distance
Sales & Tax History
Source: Public Records
| Date | Event | Price |
|---|---|---|
| 12/09/2021 | Sold | $23,000.00 7.26% |
| 10/25/2021 | Active | $24,800.00 28.94% |
| 05/06/2021 | Active | $34,900.00 |
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 4646 LAKE OF THE FALLS RD | 3 | 1 | Jan 05, 2026 | $417,000 |
| 5798NA BEAVER LODGE CR | 3 | 3 | Jan 05, 2026 | $450,000 |
| 6310 BAMBILAND RD | 4 | 2 | Jan 07, 2026 | $425,000 |
| 2598W MERCER LAKE CR N | 3 | 1 | Dec 31, 2025 | $299,900 |
| 3956N POPKO CR E | 3 | 3 | Jan 12, 2026 | $595,000 |
| 4842W LAKE OF THE FALLS RD | 3 | 1 | Feb 27, 2026 | $549,900 |
| 4742W CTH FF | 2 | 1 | Jan 07, 2026 | $329,900 |
| 5176 PETRES RD | 2 | 1 | Dec 30, 2025 | $399,000 |
| 4682W LAKE OF THE FALLS RD | 3 | 1 | Feb 21, 2026 | $184,900 |
| 4682W Lake Of The Falls Road | 3 | 1 | Feb 23, 2026 | $184,900 |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 1,708 | 524 | 6,061 | 335,858,263 |
| Population Density | 8 | 118 | 8 | 95 |
| People per Household | 2 | 1.9 | 2.1 | 2.6 |
| Median Age | 61.4 | 60.6 | 55.1 | 39.1 |
| Median Income | $55,756 | $56,500 | $46,547 | $66,222 |
| Average Income | $33,125 | $35,418 | $28,806 | $35,475 |
| Cost of Living Index | 73 | 68 | 74 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | -4.1°F | -4.1°F | -0.2°F | 22.6°F |
| July Avg. High Temp | 76.4°F | 76.4°F | 76.3°F | 86.2°F |
| Annual Precipitation | 32.64" | 32.64" | 33.14" | 38" |
...
26/100
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: 21/100.
Property Change History
Points of Interest near Lot 1 PAYMENT LAKE RD, Mercer, WI 54547
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Frequently Asked Questions for Lot 1 PAYMENT LAKE RD
Source: Realty.com
Lot 1 PAYMENT LAKE RD, Mercer, WI 54547 is a , Land property listed for $24,800 The property is - sq. ft with - bedrooms and 0 bathrooms
Realty.com has 18 photos of Lot 1 PAYMENT LAKE RD.
The full address for this home is Lot 1 PAYMENT LAKE RD, Mercer, WI 54547.
Lot 1 PAYMENT LAKE RD has been listed on Realty.com since Fri March 05, 2021
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: 21/100.
There are 3 schools assigned to this home. Check out the schools near Lot 1 PAYMENT LAKE RD. Mercer School (Grades: PK - 12), IR Mercer (Grades: 6 - 8), IR Mercer (Grades: 9 - 12)
Listing provided courtesy of:
Re/max Action Northwoods Realty, Llc
(tel: 715-476-2323)
Listing agent:
Kathy Tutt
(tel: 715-776-3555)
(#5980)
This content last refreshed on 2026-02-27 21:16:50. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of Lot 1 PAYMENT LAKE RD, Mercer, WI 54547 : MLS# 189432
