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About This Home

This 3-bedroom, 1-bathroom single family at 1992W DIAMOND RD in Mercer, WI is listed for $888,000. on a 18.78 acres lot.

Agent Description

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.

Key Features

  • 18.78 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
1 full

Amenities

FireplaceWaterfrontView

Monthly Cost Estimate

$4,749/mo

20% down · 6.5% · 30 years

Principal$642
Interest$3,848
Insurance$259

Estimates only. Actual payments may vary.

Location

1992W DIAMOND RD

Mercer, WI 54547

Features & Amenities

Exterior Features

PropaneTankOwned

Property Details

Flooring

VinylWood

Construction

Cedar Frame Log

Views

Water

Parking

Garage

Heating

Propane (Heating)Forced Air

Appliances

DryerDishwasherElectricOvenElectricRangeRefrigeratorWasher

Questions & Answers

This 3-bedroom, 1-bathroom single family at 1992W DIAMOND RD is listed at $888,000. The estimated monthly payment is $3,848 based on 20% down at 6.5% interest.

Key features include: 18.78 acre lot, Fireplace, Waterfront. Exterior Features: PropaneTankOwned.

This property is listed by MICKI PIERCE-HOLMSTROM and can be reached at 7154762111 or mickisellslots@gmail.com.

MP

MICKI PIERCE-HOLMSTROM

Agent at CENTURY 21 PIERCE REALTY - MERCER

(715) 476-2111

Listed by CENTURY 21 PIERCE REALTY - MERCER · View on Broker Site

MLS# 217297· Source: listhub· Updated 10 days ago

Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1992W DIAMOND RD, Mercer, WI 54547

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