$609,000
OPEN WED 2PM - 5PM $20K PRICE DROP

5404N Okonski Rd Mercer, WI 54547

Estimated payment $3,746/month

Total Views 4,023
3 Beds
2.5 Baths
2,450 Sq Ft
$249 Price per Sq Ft

Highlights

  • Lake Front
  • Deck
  • Private Lot
  • Docks
  • Contemporary Architecture
  • Wooded Lot

About This Home

Escape to this beautifully updated 3BR, 2.5BA lakefront home on Grand Portage Lake in Mercer. Set on a private, wooded lot, this property offers peace and seclusion just minutes from town and direct access to ATV, snowmobile, and bike trails. Enjoy breathtaking lake views from the spacious deck, 3-season porch, or private master suite balcony. Inside, the home features a finished lower level, updated kitchen, flooring, and bathrooms. A maintenance-free modular pier makes lake access a breeze. The attached 2+ car garage and 32x30 detached, fully insulated garage (2017) with 100 amp electric provide ample space for vehicles, tools, and toys. Beautiful landscaping completes this serene Northwoods retreat—perfect for relaxing or exploring year-round. Seller will provide a $10,000 credit to Buyer — usable at Buyer’s discretion — IF a mutually accepted offer is submitted within 72 hours of the open house on July 2nd 2-5pm. Offer is valid through July 5th by 5 pm.

Listing Agent

JENNA DEVAULT

SHOREWEST - RHINELANDER Listed on: 05/05/2025

SHOREWEST - RHINELANDER

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,406

Year Built

  • Built in 1993

Lot Details

  • 2.13 Acre Lot
  • Lake Front
  • The property's road front is unimproved
  • Property fronts a private road
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Composite Building Materials
  • Masonite
  • Cedar

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Dishwasher
  • Dryer
  • Property Views

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Laundry in Basement
  • Basement Window Egress

Outdoor Features

  • Docks
  • Deck
  • Covered patio or porch
  • Shed

Schools

  • Mercer Elementary And Middle School
  • Mercer High School

Utilities

  • Heating System Uses Propane
  • Heating System Uses Steam
  • Drilled Well
  • Public Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2848-0200

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,406

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Water Body Name: GRAND PORTAGE
  • Ownership: Fee Simple
  • Directions: HWY 51 North to Mercer. Turn RT on Harper St. Turn RT on Martha Lake RD. LT on O'Konski. Continue till the end and turn RT to a private road (5404W address signs). Home is at the end of the private road.
  • Above Grade Finished Sq Ft: 1514.0
  • Architectural Style: Contemporary, Three Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • Year Built: 1993
  • Property Sub Type Additional: Single Family Residence
  • Special Features: OpenHouse

Interior Features

  • Appliances: Dryer, Dishwasher, Refrigerator
  • Has Basement: Egress Windows, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 936.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Skylights, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Lake Front, Private, Secluded, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Fisherman/Weeds, Shoreline - Silt, Lake Front
  • Waterfront: Yes
  • Construction Type: Cedar, Composite Siding, Frame, Masonite
  • Exterior Features: Deck, Dock, Landscaping, Patio, Shed, Gravel Driveway, Propane Tank - Owned
  • Other Structures: Garage(s), Shed(s)
  • Patio And Porch Features: Covered, Deck, Open, Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Detached, Garage, Two Car Garage, Driveway

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Heating: Hot Water, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Drilled Well

Schools

  • Elementary School: IR Mercer
  • High School: IR Mercer
  • Middle Or Junior School: IR Mercer

Lot Info

  • Lot Size Sq Ft: 92783.0
  • Parcel #: 2848-0200
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 4406.0
  • 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

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $609,000 -3.2% $249 / Sq Ft
05/05/2025 05/05/25 For Sale $629,000 -- $257 / Sq Ft
Source: Greater Northwoods MLS

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Source: Greater Northwoods MLS

MLS Number: 211738

Greater Northwoods MLS

Wisconsin Iron County Mercer 54547

5404N Okonski Rd, Mercer, WI

This home is located at 5404N Okonski Rd, Mercer, WI 54547 and is currently priced at $609,000, approximately $248 per square foot. This property was built in 1993. 5404N Okonski 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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Listing Agent
JENNA DEVAULT
Section Image
SHOREWEST - RHINELANDER