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.
For sale
Price cut: $39K (8/13)
$849,000
1992 W Diamond Rd, Mercer, WI 54547
3beds
2,460sqft
Single Family Residence
Built in ----
18.78 Acres Lot
$-- Zestimate®
$345/sqft
$-- HOA
What's special
Nostalgic homeFull basementDining roomMetal roofWood burning fireplaceGalley kitchen
- 115 days
- 366
- 10
Zillow last checked:
Listing updated:
Listed by:
MICKI PIERCE-HOLMSTROM 715-476-2111,
CENTURY 21 PIERCE REALTY - MERCER
Source: GNMLS,MLS#: 217297
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
- Dimensions: 15'6x11'7
Bedroom
- Level: First
- Dimensions: 9'4x8'7
Bedroom
- Level: First
- Dimensions: 9'7x7'3
Bathroom
- Level: First
Dining room
- Level: First
- Dimensions: 17x7'9
Florida room
- Level: First
- Dimensions: 15'11x7'7
Kitchen
- Level: First
- Dimensions: 15'10x7'8
Living room
- Level: First
- Dimensions: 19'6x11'7
Heating
- Forced Air, Propane
Appliances
- Included: Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer
- Laundry: Washer Hookup, In Basement
Features
- Flooring: Vinyl, Wood
- Basement: Exterior Entry,Full,Interior Entry,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Masonry, Wood Burning
Interior area
- Total structure area: 2,460
- Total interior livable area: 2,460 sqft
- Finished area above ground: 1,260
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Two Car Garage, Storage
- Garage spaces: 2
Features
- Stories: 1
- Exterior features: Propane Tank - Owned
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Shoreline - Sand, Lake Front
- Body of water: MARTHA
- Frontage type: Lakefront
- Frontage length: 1000,1000
Lot
- Size: 18.78 Acres
- Features: Dead End, Lake Front, Level, Private, Secluded, Sloped, Views, Wooded
Details
- Additional structures: Guest House
- Parcel number: 0122829 & 1228130000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin,Ranch
- Property subtype: Single Family Residence
Materials
- Cedar, Frame, Log
- Foundation: Block
- Roof: Metal
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Conventional Sewer
- Water: Driven Well, Well
Community & HOA
Location
- Region: Mercer
Financial & listing details
- Price per square foot: $345/sqft
- Tax assessed value: $456,000
- Annual tax amount: $6,655
- Date on market: 5/22/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Price change | $849,000-4.4%$345/sqft |
Source:  GNMLS #217297 Report a problem | ||
| 5/22/2026 | Listed for sale | $888,000-6.4%$361/sqft |
Source: GNMLS #217297 Report a problem | ||
| 12/30/2025 | Listing removed | $949,000$386/sqft |
Source: GNMLS #213797 Report a problem | ||
| 8/13/2025 | Listed for sale | $949,000$386/sqft |
Source: GNMLS #213797 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,388 +15.3% | $456,000 |
| 2023 | $5,539 -11.4% | $456,000 |
| 2022 | $6,253 +1.3% | $456,000 |
| 2021 | $6,175 -0.4% | $456,000 |
| 2020 | $6,202 +9.6% | $456,000 |
| 2019 | $5,658 -0.9% | $456,000 |
| 2018 | $5,709 +4% | $456,000 |
| 2017 | $5,490 +7.6% | $456,000 |
| 2016 | $5,101 +2.6% | $456,000 |
| 2015 | $4,972 +0.4% | $456,000 |
| 2014 | $4,951 -13.2% | $456,000 |
| 2013 | $5,702 +11.9% | $456,000 |
| 2012 | $5,096 -3.2% | $456,000 |
| 2011 | $5,265 | $456,000 |
| 2010 | -- | $456,000 |
| 2009 | -- | $456,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 54547
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