OFF MARKET

Off Market Sep 2023 for $187K

$230,370

•

710

sq ft

W2510 Martha Lake Rd #3, Mercer, WI 54547

About this home

Warning! Once you step inside this cabin you won't want to leave. It has Northwoods decor, a renovated kitchen & bath and new flooring. Plumbing and electrical have also had updates and the roof was redone in 2021. Even better - it's being sold completely turn key along with canoe, all you need to do is pack your bag. Amenities include 2 window A/C units, CenturyLink high speed internet, natural gas, newer appliances and furniture. Enjoy your own firepit area and outdoor space with lake views. This cabin is 1 of 6 cabins at Grand Portage Condominiums - located within walking distance to downtown Mercer. You can UTV right from your door. Some helpful information: Piers are shared, the cabin did have insulation work in the crawlspace, but it's currently not being used in the winter, there is designated space on the condo plat for a storage shed or expansion and the condo Association allows weekly rentals, no onsite prop manager. Rented 8/12-8/26. No Showings until 8/27.

CondoProperty Type

3.14 acresLot Size

$324Est. Price/Sq.Ft.

2 spacesParking

Listed by JANEL & SAM PAGELS TEAM • REDMAN REALTY GROUP, LLC

Bought with JANEL & SAM PAGELS TEAM • REDMAN REALTY GROUP, LLC

Redfin checked: 3 minutes ago

•Source:GNMLS #203215

Redfin Estimate

$230,370

$43K since sold in September 2023$5,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.7% lower than the average sale price ($249K) of 6 comparable homes.

SOLD JAN 20, 2026
$269,900
A
2 beds1 bath687 sq ft
3232 Idle Shores Dr Dr N #2, Mercer, WI 54547
SOLD AUG 24, 2026
$335,000
B
2 beds1 bath630 sq ft
12092 Musky Shores Dr #3, Minocqua, WI 54548
SOLD JUN 11, 2026
$380,000
C
2 beds1 bath782 sq ft
7978 Paton Rd #4, St Germain, WI 54558
SOLD MAR 13, 2026
$368,000
D
2 beds1 bath587 sq ft
10595 Pine Arbor Dr #4, Woodruff, WI 54568
SOLD JUN 9, 2026
$72,000
E
2 beds1 bath780 sq ft
1180 Range Dr Unit B-2, Hurley, WI 54534
SOLD JUN 9, 2026
$72,000
F
2 beds1 bath780 sq ft
1180 Range View Dr Unit B-2, Hurley, WI 54534

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Earn from this home

Rent

$1,768/mo

Redfin rental estimate

List your home for rent

Market trends in 54547, WI

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.7%

1.1% MoM

Median sale price

$465K

$17K MoM

Avg. days on market

45d

21 days MoM

Recently sold homes

1 MoM

New listings for sale

$829,900
3 beds2 baths2,272 sq ft
3707 Popko Cir N, Mercer, WI 54547
$665,000
4 beds3 baths1,830 sq ft
5084 Stafford Point Rd N, Mercer, WI 54547
See all

Provided by Redfin

Sale history for W2510 Martha Lake Rd #3

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Iron County

APN

012-2240-0300

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 11, 2023.

Property details

Parking

Parking/Garage Information
# of Parking Spaces Total: 2
Parking Features: Gravel, No Garage, Shared Driveway

Interior

Bathroom Information
# of Full Bathrooms: 1

Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s)
Has Heating
Heating: Natural Gas, Wall Furnace

Interior Features
Interior Features: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)
Appliances: Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
Flooring: Carpet, Laminate
Fireplace Features: None

Room Information
Basement Details: Crawl Space, Exterior Entry

Exterior

Exterior Features
Exterior Features: Dock
Roof: Composition, Shingle

Building Information
Sq. Ft.: 710
Above Grade Finished Area: 710
Levels: One
# of Stories Total: 1
Construction Materials: Log

Property Features
On Waterfront
Waterfront Features: Lake Front
Has View

Property Information
Property Type: Residential
Property Sub Type: Condominium
Raw Mls Property Sub Type: Condominium
Common Interest: Condominium

Lot Information
Lot Features: Level, Views, Wooded, Waterfront
Frontage Type: Lakefront
Frontage Length: 492
Water Body Name: GRAND PORTAGE
Road Surface Type: Paved

Financial

Tax Information
Tax Annual Amount: $1,374

Utilities

Utility Information
Water Source: Shared Well
Electric: Circuit Breakers
Utilities: Underground Utilities
Sewer: Septic Tank, Shared Septic

Location

HOA Information
Has Homeowners Association
Association Fee: $127.50

Schools Information
Elementary School: IR Mercer
Middle Or Junior School: IR Mercer
High School: IR Mercer

Location Information
Directions: In Mercer, going north on Hwy 51, turn Right on Harper Street, Turn Right onto Martha Lake Road, turn Left by "Grand Portage Condos" sign at 2510. Follow driveway past the garages to the last unit on Right. "Jada's Fishing Hole" sign on unit.
Subdivision Name: Grand Portage Condominiums

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Iron County
APN: 012-2240-0300

Home facts updated by county records on Aug 11, 2023

Around this home

Schools

Mercer School

Public PreK-12 • Assigned • 0.4mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 91° expected this year, 13 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Mercer, WI • 54547

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 3.2 hours in December, placing it below the U.S. average for solar exposure.

9.2 hrs

3.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$220,000 – $266,000

Sell confidently with a local market expert in Mercer. 3 minutes to get started.

Nearby similar homes

$149,500

Land— sq ft

ON Palmer Lake Rd #4, Land O'Lakes, WI 54540

$425,000

2 beds1 bath533 sq ft

4663 Darren Dr, Boulder Junction, WI 54512

$287,000

3 beds1 bath783 sq ft

4941W Musky Point Rd #3, Mercer, WI 54547

$1,379,900

4 beds4 baths2,256 sq ft

12894 Helms Ln #1, Manitowish Waters, WI 54545

$337,000

3 beds1 bath679 sq ft

1-4946 Musky Point Rd, Mercer, WI 54547

$194,500

2 beds2 baths1,404 sq ft

876 E Allman St, Medford, WI 54451

New listings for sale in 54547

$829,900

3 beds2 baths2,272 sq ft

3707 Popko Cir N, Mercer, WI 54547

$665,000

4 beds3 baths1,830 sq ft

5084 Stafford Point Rd N, Mercer, WI 54547

Home values near W2510 Martha Lake Rd #3

Data from public records.

Address	Redfin Estimate
2510 Martha Lake Rd Apt 4, Mercer, WI 2 Beds \| 1 Baths \| 945 Sq. Ft.	$302,118
2510 Martha Lake Rd Apt 1, Mercer, WI - Beds \| 1 Baths \| 320 Sq. Ft.	$124,217

Address	Redfin Estimate
2510 Martha Lake Rd Apt 5, Mercer, WI 2 Beds \| 1 Baths \| 702 Sq. Ft.	—
2510 Martha Lake Rd Apt 2, Mercer, WI 1 Beds \| 1 Baths \| 465 Sq. Ft.	$161,905

Address	Redfin Estimate
6 Martha Lake Rd Apt 6, Mercer, WI 3 Beds \| 2 Baths \| 1815 Sq. Ft.	$391,541
2510 Martha Lake Rd Apt 3, Mercer, WI 2 Beds \| 1 Baths \| 665 Sq. Ft.	$224,586

Property information provided by GNMLS when last listed in 2023. This data may not match . Learn more.

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