1 / 34
3 Bedroom Waterfront Home on Martha Lake - 1992W Diamond Rd, Mercer, WI
Martha Lake
Mercer
1992W Diamond Rd
$888,000
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: 0
Lake: Martha Lake
Town: Mercer
Distance: 2
miles
Clarity: 11.3ft
Avg Depth: 18ft
Max Depth: 55ft
Acres: 146
Type: Spring
Access: Semi-Private
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 Date:
2026-05-22
2026-05-22
Garage Parking:
2
2
Roof:
Metal
Metal
Fuel:
LP
LP
HVAC:
Forced Air,Propane
Forced Air,Propane
Sewer:
Conventional
Conventional
County Data:
Iron County
Iron County
Taxes:
$6,655
$6,655
Seller's Representative:
Century 21 Pierce Realty - Mer
(715) 476-2111
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the Greater Northwoods Multiple Listing Service.
IDX data sourced via the Greater Northwoods Multiple Listing Service.