$888,000

1992W Diamond Rd Mercer, WI 54547

Estimated payment $5,366/month

Total Views 2,174
3 Beds
1 Bath
2,460 Sq Ft
$361 Price per Sq Ft

Highlights

  • Lake Front
  • 818,057 Sq Ft lot
  • Private Lot
  • Guest House
  • Wood Burning Stove
  • Wooded Lot

About This Home

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 cabins—including one sitting directly at the water's edge—awaiting your vision. Properties on this pristine, "gin-clear" lake are exceptionally rare; the true value is in this massive, versatile footprint.

Listing Agent

Micki Holmstrom

CENTURY 21 PIERCE REALTY - MERCER License #51811 - 90 Listed on: 05/22/2026

CENTURY 21 PIERCE REALTY - MERCER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,655

Lot Details

  • 18.78 Acre Lot
  • Lake Front
  • Street terminates at a dead end
  • West Facing Home
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Metal Roof
  • Log Siding
  • Cedar

Interior Spaces

  • 2,460 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Water Views

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well

Listing and Financial Details

  • Assessor Parcel Number 012-2829 & 12-2813-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,655

Lot Details

18.78 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Water Body Name: MARTHA
  • Ownership: Fee Simple
  • 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
  • Above Grade Finished Sq Ft: 1260.0
  • Architectural Style: Cabin, Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Vinyl, Wood

Exterior Features

  • Lot Features: Dead End, Lake Front, Level, Private, Secluded, Sloped, Views, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame, Log
  • Direction Faces: West
  • Exterior Features: Propane Tank - Owned
  • Foundation Details: Block
  • Other Structures: Guest House
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Two Car Garage, Storage

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Water Source: Driven Well, Well

Lot Info

  • Lot Size Sq Ft: 818057.0
  • Parcel #: 012-2829 & 12-2813-0000

Tax Info

  • Tax Annual Amount: 6655.0
  • Tax Year: 2025

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,655 $456,000 $300,000 $156,000
2024 $6,403 $456,000 $300,000 $156,000
2023 $5,539 $456,000 $300,000 $156,000
2022 $5,835 $456,000 $300,000 $156,000
2021 $5,752 $456,000 $300,000 $156,000
2020 $5,875 $456,000 $300,000 $156,000
2019 $5,658 $456,000 $300,000 $156,000
2018 $5,622 $456,000 $300,000 $156,000
2017 $5,427 $456,000 $300,000 $156,000
2016 $5,101 $456,000 $300,000 $156,000
2015 $4,951 $456,000 $300,000 $156,000
2014 $4,951 $456,000 $300,000 $156,000
2013 $5,702 $456,000 $300,000 $156,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/22/2026 05/22/26 For Sale $888,000 -- $361 / Sq Ft
Source: Greater Northwoods MLS

Source: Greater Northwoods MLS

MLS Number: 217297

Greater Northwoods MLS

APN: 012-2829-0000

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