$574,900

4842W Lake of the Falls Rd Mercer, WI 54547

Estimated payment $3,425/month

3 Beds
1 Bath
1,451 Sq Ft
$396 Price per Sq Ft

Highlights

  • Lake Front
  • Deck
  • Private Lot
  • Docks
  • Wood Burning Stove
  • Wooded Lot

About This Home

Extremely private setting featuring 4 acres and over 235 feet of west facing frontage on Lake of the Falls! The property is amazing! It’s perfectly level to the water, great sand for swimming, lots of land to stretch out, play games & have a fire by the shore. You’ll love the breathtaking sunsets while sipping your favorite beverage on the lakeside covered deck. The log home features a warm and inviting rustic design with beautiful wood ceilings & exposed beams. 2 grand stone fireplaces highlight the living room & primary bedroom, while the dine/living area offer panoramic lake views. Main level hosts Bedrm, full bat, kitchen, dining & living room with towering cathedral ceiling. Upstairs offers 2 bedrms and look out area over the great room. There is a full basement, 2 detached garages and the home comes furnished! Lake of the Falls is a great fishing & recreation lake, is located with direct access to the UTV/snowmobile trails, close to restaurants, town, yet quiet secluded setting!

Listing Agent

Michele Pierce-Holmstrom

CENTURY 21 PIERCE REALTY - MERCER License #51811 - 90 Listed on: 10/07/2025

CENTURY 21 PIERCE REALTY - MERCER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,528

Lot Details

  • 4 Acre Lot
  • Lake Front
  • Property fronts an easement
  • Street terminates at a dead end
  • West Facing Home
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Log Siding

Interior Spaces

  • 1,451 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • 2 Fireplaces
  • Wood Burning Stove
  • Stone Fireplace
  • Wood Flooring
  • Water Views
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Sump Pump
  • Laundry in Basement

Outdoor Features

  • Docks
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 012-2124-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,528

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Easement, Town Road
  • Water Body Name: LAKE OF THE FALLS
  • Ownership: Fee Simple
  • Directions: Hwy 51 North of Mercer turn LT on CTH FF, straight at Lake of the Falls Road to near the end of the road and RT at fire number 4842W
  • Above Grade Finished Sq Ft: 1451.0
  • Architectural Style: One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Has Basement: Interior Entry, Sump Pump, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Multiple, Stone, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Dead End, Lake Front, Level, Private, Secluded, Views, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Log
  • Direction Faces: West
  • Exterior Features: Deck, Dock
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage

Utilities

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

Lot Info

  • Lot Size Sq Ft: 174240.0
  • Parcel #: 012-2124-0000

Tax Info

  • Tax Annual Amount: 4528.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2024 $4,528 $323,000 $172,900 $150,100
2023 $3,914 $323,000 $172,900 $150,100
2022 $4,123 $323,000 $172,900 $150,100
2021 $4,064 $323,000 $172,900 $150,100
2020 $4,073 $323,000 $172,900 $150,100
2019 $4,065 $323,000 $172,900 $150,100
2018 $4,033 $323,000 $172,900 $150,100
2017 $3,878 $323,000 $172,900 $150,100
2016 $3,648 $323,000 $172,900 $150,100
2015 $3,537 $323,000 $172,900 $150,100
2014 $3,537 $323,000 $172,900 $150,100
2013 $4,077 $323,000 $172,900 $150,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 For Sale $574,900 -- $396 / Sq Ft
Source: Greater Northwoods MLS

Source: Greater Northwoods MLS

MLS Number: 214639

Greater Northwoods MLS

APN: 012-2124-0000

Wisconsin Iron County Mercer 54547

4842W Lake of the Falls Rd, Mercer, WI

This home is located at 4842W Lake of the Falls Rd, Mercer, WI 54547 and is currently priced at $574,900, approximately $396 per square foot. 4842W Lake of the Falls Rd is a home located in Iron County.

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.

Greater Northwoods MLS 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.

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Michele Pierce-Holmstrom
Listing Agent
Michele Pierce-Holmstrom
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CENTURY 21 PIERCE REALTY - MERCER
(715) 519-8765