# 1992W DIAMOND RD, Mercer, WI 54547

> **TL;DR:** 3bd/1ba single family, $888,000.
> Fireplace, Waterfront, View. Est. $3,848/mo. Listed 10 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $888,000 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Lot Size | 818,057 sqft (18.78 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 10 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Views** - Water

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,848 |
| **Total** | **$3,848** |

## Key Amenities

- Fireplace
- Waterfront
- View

## Property Highlights

- 18.78 acre lot
- Fireplace
- Waterfront

## Description

### 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.

## Location

- **Address:** 1992W DIAMOND RD, Mercer, WI 54547
- **County:** Iron
- **Coordinates:** 46.17528105, -90.02791539
- **Google Maps:** https://www.google.com/maps?q=46.17528105,-90.02791539

## Listing Agent

- **Name:** MICKI PIERCE-HOLMSTROM
- **Brokerage:** CENTURY 21 PIERCE REALTY - MERCER
- **Phone:** 7154762111
- **Email:** mickisellslots@gmail.com

## Primary Photo

![1992W DIAMOND RD - Primary Photo](http://lh.rdcpix.com/ea02452af34dd9b89e01d7b03ab0a5eal-f248798945r.jpg)

*34 total photos available on [listing page](https://www.propertysimple.com/listing/1992w-diamond-rd-mercer-wi-54547-i217297)*

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**MLS#:** 217297 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1992w-diamond-rd-mercer-wi-54547-i217297)

---

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