OFF MARKET

Off market jul 2015 for $109K

$381,021

Est. refi paymentEst. refi $734/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

$496Est. Price/Sq.Ft.

Listed by DEREK LARSON TEAM • FIRST WEBER - MINOCQUA

Bought with DEREK LARSON TEAM • FIRST WEBER - MINOCQUA

Redfin checked: 3 minutes ago

•Source:GNMLS #145705

Redfin Estimate

$381,021

$272K since sold in July 2015$3,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 37.1% higher than the average sale price ($278K) of 6 comparable homes.

SOLD SEP 25, 2026
$290,000
A
2 beds1 bath936 sq ft
1570 N Double Ee Rd, Park Falls, WI 54552
SOLD AUG 3, 2026
$280,000
B
2 beds1 bath864 sq ft
6274N Bambiland Rd, Mercer, WI 54547
SOLD SEP 14, 2026
$395,000
C
2 beds1 bath1,195 sq ft
3997N E Wilson Lake Cir, Mercer, WI 54547
SOLD OCT 12, 2026
$350,000
D
3 beds1 bath950 sq ft
3844W Cth Ff, Mercer, WI 54547
SOLD OCT 9, 2026
$125,000
E
2 beds1 bath696 sq ft
2460N County Highway Ff, Butternut, WI 54514
SOLD JUN 19, 2026
$227,500
F
2 beds1 bath672 sq ft
4572 Puls Rd, Park Falls, WI 54552

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Earn from this home

Refinance

Est. cash available

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Market trends in 54547, WI

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

95.5%

2.1% MoM

Median sale price

$437K

$9K MoM

Avg. days on market

79d

31 days MoM

Recently sold homes

2 MoM

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

$362,000 – $439,000

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

Nearby similar homes

$198,000

1 bed1 bath480 sq ft

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5601W Baldovin Rd, Hurley, WI 54534

$329,000

3 beds1.5 baths2,148 sq ft

N16340 State Highway 13, Butternut, WI 54514

$399,000

3 beds2.5 baths2,181 sq ft

1350 Boettcher Rd, Park Falls, WI 54552

$1,950,000

3 beds4 baths3,113 sq ft

12901 Timber Lodge Ln, Manitowish Waters, WI 54545

$259,900

2 beds1.5 baths1,458 sq ft

754 3rd Ave, Park Falls, WI 54552

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.	$677,547
4995W Black Lake Road, Mercer, WI 3 Beds \| 4 Baths \| 3837 Sq. Ft.	$1,185,662

Address	Redfin Estimate
4950W Black Lake Road, Mercer, WI 3 Beds \| 1 Baths \| 1380 Sq. Ft.	$503,739
5049 Black Lake Road, Mercer, WI - Beds \| - Baths \| - Sq. Ft.	$214,043

Address	Redfin Estimate
5125W Black Lake Road, Mercer, WI 2 Beds \| 2 Baths \| 1168 Sq. Ft.	$806,740
5010 Black Lake Road, Mercer, WI 2 Beds \| 1 Baths \| 960 Sq. Ft.	$407,906

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

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