3 Bedroom Waterfront Home on Martha Lake - 1992W Diamond Rd, Mercer, WI

Martha Lake  
Mercer
1992W Diamond Rd
$849,000  
Bedrooms: 3
Bathrooms: 1.0
Year Built: None
Sq. Feet: 2,460
Frontage: 1,000ft
Lot Acres: 18.8
Shoreline: Sand
MLS #: 217297
Days on Market: 91
Lake: Martha Lake
Town: Mercer
Distance: 2  miles
Clarity: 11.3ft
Avg Depth: 18ft
Max Depth: 55ft
Acres: 146
Type: Spring
Access: Semi-Private
Once in a great while, a property comes along that simply can’t be replicated. With nearly 19 secluded acres, 1,000 feet of spectacular western facing sand frontage, and the sparkling crystal clear waters on Martha Lake, this is a legacy property to be treasured for generations. The acreage is level, nicely wooded & offers a moderate slope toward the lake, ideal for a walk out basement, then changing to perfectly level again to the lake. This property was once an active resort that has been abandoned for the past several years. There are 3 vintage log cabins that were built in the 1920’s, one being right by the waters edge! The nostalgic home features 3 bedrooms, 2 baths, knotty pine lined living room with wood burning fireplace, galley kitchen, dining room, lg entry porch & full basement. Oversized 2 car garage has metal roof & upper level with door to a private deck. Whether you envision building an extraordinary lake estate, creating a private family retreat, or simply preserving an irreplaceable piece of the Northwoods, this one-of-a-kind property offers a setting that is truly without equal.
Listing Date:
2026-05-22
Garage Parking:
2
Roof:
Metal
Fuel:
LP
HVAC:
Forced Air,Propane
Sewer:
Conventional
County Data:
Iron County
Taxes:
$6,655
face shot
  If you would like to set up a showing or if you have any other questions about this property, I can be reached via the form below or at (715) 891-2222 (call or text).



Seller's Representative:
Century 21 Pierce Realty - Mer
(715) 476-2111

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IDX data sourced via the Greater Northwoods Multiple Listing Service.

Price History - 1992W Diamond Rd

×
Current
$849,000
Aug 13, 2026
$888,000
Reduced $39,000
$888,000 (Original)