1992W Diamond Rd Mercer, WI 54547
Estimated payment $5,361/month
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
CENTURY 21 PIERCE REALTY - MERCER License #51811 - 90 Listed on: 05/22/2026
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
Map
Tax History
| 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 |
Property History
| 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
MLS Number: 217297
APN: 012-2829-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
- 2512 W Cth J
- 2510 Martha Lake Rd Unit 5
- 700 Ac U S Highway 51
- 5083n U S 51
- 0660W U S Highway 51
- 4825 U S 51
- 1n2 666 Mercer Lake Cir
- ON Rocky Point Rd
- 6679 W Plantation Rd
- 2276 Allyn Rd
- 3249W Tahoe Cr
- 3455W Wisconsin 182
- Lot C Homers Rd
- On Cth Ff
- 4074W Weber Rd
- 3997N Wilson Lake Cir
- 4410w Timberline Rd
- 4580W Lake of the Falls Rd
- Lot 3 Fisher Lake Rd
- 2086 Collins Rd
- 13535 Heathers Way
- 8664 Aspen Ln Unit 514
- 8664 Aspen Ln Unit 513
- 8664 Aspen Ln Unit 516
- 8664 Aspen Ln Unit 501
- 8664 Aspen Ln Unit 507
- 8664 Aspen Ln Unit 515
- 8664 Aspen Ln Unit 511
- 8664 Aspen Ln Unit 508
- 8664 Aspen Ln Unit 505
- 500 N Lake St Unit Up
- 2337 Poplar Dr
- 6519 Forest Lodge Ln
- 9980 Wi-70 Unit 510
- 9890-9899 Morgan Oaks Dr
- 820 3rd Ave
- 302 Balsam St Unit B
- 8642-8644 Us-51 Unit 8644 (BACK)
- 416 Manitowish St
- 700 Division St
Ask me questions while you tour the home.