
Land with Home for Sale in Mercer, Wisconsin
1992W Diamond Rd, Mercer, WI 54547
Once in a great while, a property comes along that simply can't be replicated. With nearly 19 secluded acres, 1,000 feet of spectacular western facing sand frontage, and the sparkling crystal clear waters on Martha Lake, this is a legacy property to be treasured for generations. The acreage is level, nicely wooded & offers a moderate slope toward the lake, ideal for a walk out basement, then changing to perfectly level again to the lake. This property was once an active resort that has been abandoned for the past several years. There are 3 vintage log cabins that were built in the 1920's, one being right by the waters edge! The nostalgic home features 3 bedrooms, 2 baths, knotty pine lined living room with wood burning fireplace, galley kitchen, dining room, lg entry porch & full basement. Oversized 2 car garage has metal roof & upper level with door to a private deck. Whether you envision building an extraordinary lake estate, creating a private family retreat, or simply preserving an irreplaceable piece of the Northwoods, this one-of-a-kind property offers a setting that is truly without equal.
Location
- Street address
- 1992W Diamond Rd
- County
- Iron County
- Zip code
- 54547
- Elevation
- 1,606 feet
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
Property details
- Acreage
- 18.78 acres
- MLS #
- GNMLS 217297
- Posted
Property taxes
- 2025
- $6,655
Parcels
- 012-2829
- 12-2813-0000
Legal description
PT GV LT 5 16.17A EXC 75/376 A/I PCL 2813-0000 29 43 4E AND PT GV LT 4 EXC 75/376
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Century 21 Real Estate
Lot
- View
- Water
- Waterfront
- Lake Front
- Features
- Dead End, Level, Private, Secluded, Sloped, Views, Wooded
Exterior
- Parking
- Garage
- Features
- Propane Tank Owned
Structure
- Style
- Ranch
- Stories
- 1
- Water
- Well
- Heating
- Forced Air, Propane
- Materials
- Cedar, Frame, Log
- Roof
- Metal
Interior
- Rooms
- Basement, Bathroom, Bedroom x 3, Dining Room
- Flooring
- Vinyl, Wood
- Fireplaces
- Yes
- Appliances
- Dishwasher, Dryer, Electric Oven, Electric Range, Refrigerator, Washer
Property utilities
| Category | Type | Status |
|---|---|---|
| Gas | Propane | Connected |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 13, 2026 | Price drop | $849,000 | $39,000 -4.4% | GNMLS |
| May 22, 2026 | New listing | $888,000 | — | GNMLS |












































