OFF MARKET

Off Market Jul 2015 for $109K

$340,248

Est. refi paymentEst. refi $705/mo

•

768

sq ft

5049W Black Lake Rd, Mercer, WI 54547

About this home

Inexpensive Northern Wisconsin lakefront cottage on Second Black Lake next to the famous Turtle Flambeau Flowage and a short distance from Mercer, WI. Set on a private 1.97 acre lot with towering pines and hardwoods with a stunning south exposed 200'+/- of lake frontage on this lightly populated walleye lake. The 24x32 two bedroom cabin is a fixer upper, but affords an affordable opportunity to get into this popular year round recreational destination. Great fishing, boating, snowmobiling, ATV trail riding are at your doorstep.

Single-familyProperty Type

1970Year Built

1.97 acresLot Size

$443Est. Price/Sq.Ft.

Listed by DEREK LARSON TEAM • FIRST WEBER - MINOCQUA

Bought with DEREK LARSON TEAM • FIRST WEBER - MINOCQUA

Redfin checked: a minute ago

•Source:GNMLS #145705

Redfin Estimate

$340,248

$231K since sold in July 2015$31K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.9% lower than the average sale price ($369K) of 6 comparable homes.

SOLD AUG 3, 2026
$280,000
A
2 beds1 bath864 sq ft
6274N Bambiland Rd, Mercer, WI 54547
SOLD JUN 19, 2026
$227,500
B
2 beds1 bath672 sq ft
4572 Puls Rd, Park Falls, WI 54552
SOLD DEC 5, 2025
$175,000
C
3 beds1 bath960 sq ft
1663w Cth J, Mercer, WI 54547
SOLD AUG 7, 2026
$570,000
D
2 beds1 bath1,568 sq ft
4097W Cth G, Hurley, WI 54534
SOLD FEB 20, 2026
$155,000
E
3 beds0.5 baths515 sq ft
4682W Lake Of The Falls Rd, Mercer, WI 54547-1111
SOLD JUN 15, 2026
$809,000
F
2 beds2 baths1,742 sq ft
7353 Cth Rd W, Presque Isle, WI 54557

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Refinance

Est. cash available

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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

$170,000
2 beds1 bath440 sq ft
4902 Greggs Rd N, Mercer, WI 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
See all

Provided by Redfin

Sale history for 5049W Black Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,436 (+9.4%)

$82,500 + $222,000

$304,500

2024

$4,056 (+15.8%)

$82,500 + $207,000

$289,500

2023

$3,504 (−5.1%)

$82,500 + $207,000

$289,500

2022

$3,692 (+1.5%)

$82,500 + $207,000

$289,500

2021

$3,638 (+83.6%)

$82,500 + $207,000

$289,500

2020

$1,982 (+0.2%)

$82,500 + $76,000

$158,500

2019

$1,977 (+36.3%)

$82,500 + $76,000

$158,500

2018

$1,451 (+4.1%)

$82,500 + $35,500

$118,000

2017

$1,394 (+6.3%)

$82,500 + $35,500

$118,000

2016

$1,311 (−30.4%)

$82,500 + $35,500

$118,000

2014

$1,884 (−13.2%)

$110,000 + $63,500

$173,500

2013

$2,171

$110,000 + $63,500

$173,500

Tax history for 5049W Black Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,436 (+9.4%)

$82,500 + $222,000

$304,500

2024

$4,056 (+15.8%)

$82,500 + $207,000

$289,500

2023

$3,504 (−5.1%)

$82,500 + $207,000

$289,500

2022

$3,692 (+1.5%)

$82,500 + $207,000

$289,500

2021

$3,638 (+83.6%)

$82,500 + $207,000

$289,500

2020

$1,982 (+0.2%)

$82,500 + $76,000

$158,500

2019

$1,977 (+36.3%)

$82,500 + $76,000

$158,500

2018

$1,451 (+4.1%)

$82,500 + $35,500

$118,000

2017

$1,394 (+6.3%)

$82,500 + $35,500

$118,000

2016

$1,311 (−30.4%)

$82,500 + $35,500

$118,000

2014

$1,884 (−13.2%)

$110,000 + $63,500

$173,500

2013

$2,171

$110,000 + $63,500

$173,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

1.97 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Iron County

APN

012 1540-0000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 19, 2026.

Property details

Parking

Parking/Garage Information
Parking Features: No Garage, Driveway

Interior

Bathroom Information
# of Full Bathrooms: 1

Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s)
Has Heating
Heating: Baseboard, Electric

Interior Features
Interior Features: Ceiling Fan(s)
Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Flooring: Vinyl
Has Fireplace
Fireplace Features: Free Standing

Room Information
Basement Details: Crawl Space, Exterior Entry

Exterior

Exterior Features
Roof: Composition, Shingle

Building Information
Direction Faces: South
Sq. Ft.: 768
Above Grade Finished Area: 768
Construction Materials: Frame, Wood Siding
Foundation Details: Block

Property Features
On Waterfront
Waterfront Features: Lake Front
Has View

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: SingleFamilyResidence
Current Use: Hunting

Lot Information
Lot Features: Private, Secluded, Sloped, Views, Wooded, Waterfront
Frontage Type: Lakefront
Frontage Length: 200
Water Body Name: SECOND BLACK
Zoning Description: Residential

Financial

Tax Information
Tax Annual Amount: $2,170

Utilities

Utility Information
Electric: Circuit Breakers

Location

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

Location Information
Directions: From the Hwy 51/Cty FF intersection just north of Mercer; take FF approx. 6 miles to Musky Point Rd, take Musky Pt Rd north .2 miles to LEFT on Black Lake Rd, .4 miles to property.

Community Information
Community Features: Park

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 1.97 acres
Style: Other
Year Built: —
Year Renovated: —
County: Iron County
APN: 012 1540-0000

Home facts updated by county records on Aug 19, 2026

Around this home

Schools

Mercer School

Public PreK-12 • Assigned • 6.1mi

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 92° 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

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$324,000 – $392,000

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

Nearby similar homes

$159,900

2 beds1 bath924 sq ft

75782 Gear Rd, Glidden, WI 54527

$847,000

3 beds3 baths2,075 sq ft

5601W Baldovin Rd, Hurley, WI 54534

$349,900

3 beds1.5 baths2,140 sq ft

16340 N State Highway 13, Park Falls, WI 54552

$197,900

2 beds1 bath1,089 sq ft

1834 Hwy 182 W, Park Falls, WI 54552

$665,000

4 beds3 baths1,830 sq ft

5084 Stafford Point Rd N, Mercer, WI 54547

$409,000

2 beds3 baths2,384 sq ft

N16203 N River Rd, Park Falls, WI 54552

New listings for sale in 54547

$170,000

2 beds1 bath440 sq ft

4902 Greggs Rd N, Mercer, WI 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 5049W Black Lake Rd

Data from public records.

Address	Redfin Estimate
5004W Black Lake Road, Mercer, WI 2 Beds \| 2 Baths \| 1456 Sq. Ft.	$682,943
4995W Black Lake Road, Mercer, WI 3 Beds \| 4 Baths \| 3837 Sq. Ft.	$1,155,477

Address	Redfin Estimate
4950W Black Lake Road, Mercer, WI 3 Beds \| 1 Baths \| 1380 Sq. Ft.	$483,344
5049 Black Lake Road, Mercer, WI - Beds \| - Baths \| - Sq. Ft.	$237,852

Address	Redfin Estimate
5125W Black Lake Road, Mercer, WI 2 Beds \| 2 Baths \| 1168 Sq. Ft.	$727,571
5010 Black Lake Road, Mercer, WI 2 Beds \| 1 Baths \| 960 Sq. Ft.	$381,577

Property information provided by GNMLS when last listed in 2014. This data may not match . Learn more.

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