Residential Land for Sale in Mercer, Wisconsin
Payment Lake Rd, Mercer, WI 54547
Payment Lake - Discover an affordable opportunity to own waterfront property in the heart of the Northwoods on beautiful Payment Lake! This scenic 1.61-acre parcel offers 353 feet of frontage with peaceful lake views, a driveway already in place, a cleared building site, level land, and year-round access on a town road, making it ready for your future cabin, garage, camper, or recreational getaway. The shoreline is naturally wet and boggy, offering boardwalk potential leading to the water's edge. Enjoy the privacy and tranquility of 66-acre Payment Lake, a hidden gem with no public boat access and known for excellent Musky, Walleye, Bass, Northern & Panfish fishing. Outdoor enthusiasts will love the quiet location with easy access to ATV & snowmobile trails, plus nearby State & Iron County Forest Lands for endless recreation opportunities. Conveniently located just a few miles from Mercer for shopping, dining, and year-round events. Start enjoying Northwoods lake life today at an affordable price!
Location
- Street address
- Payment Lake Rd, Lot 1
- County
- Iron County
- Zip code
- 54547
- Elevation
- 1,621 feet
Directions
Hwy 51 N 2 blocks to Rt on Hwy J. Go 2.8 miles to Left on Payment Lake Road. Go 2 blocks to office sign on the left.
Property details
- Acreage
- 1.61 acres70,132 sq ft
- Zoning
- Residential
- MLS #
- GNMLS 217430
- Posted
Property taxes
- 2025
- $381
Legal description
Pt Gv Lt 7, Lot 1 CSM 303 Sec 20, T43N,R4E
Details and features
Listing
- Type
- Land
- Franchise
- RE/MAX International
Lot
- Waterfront
- Lake Front
- Features
- Dead End, Level, Private, Rural Lot, Secluded, Wooded
Exterior
- Parking
- Driveway
- Features
- Gravel Driveway
Nearby schools
| Name | Type |
|---|---|
| IR Mercer | Elementary |
| IR Mercer | Middle |
| IR Mercer | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 29, 2026 | New listing | $39,000 | — | GNMLS |