OFF MARKET

Off Market Jul 2019 for $245K

$589,839

Est. refi paymentEst. refi $1,519/mo

•

1,305

sq ft

5081N Musky Point Rd, Mercer, WI 54547

About this home

Lake of the Falls - Completely remodeled 3 bedrooms, 2 bath year round log home. The living room features a Vermont free standing wood burning stove, new hardwood floors, doorway that leads to a large lakeside screened porch and also a covered deck. Kitchen has new hickory cabinets, stainless steel stove, refrigerator, microwave & area for washer/dryer unit; also main level bedroom & bathroom. Leading to the walkout lower level is a new log railing and hickory staircase to family area with sliding doors that lead to the patio area, 2 bedrooms with egress windows, bathroom, utility area. Beautifully landscaped land, attractive lakeside patio, large 26 x 35 detached 3 car drive-through garage with extra storage, metal roofs, circular driveway. All with 200 ft shoreline on Lake of the Falls, 0.5 acre land, located on dead end town road for added privacy plus easy access to ATV - Snowmobile trails. Great fishing & recreation on Lake of the Falls and also access to First Black Lake!

Single-familyProperty Type

1975Year Built

0.5 acresLot Size

$452Est. Price/Sq.Ft.

3 car garageParking

Listed by KATHY TUTT • RE/MAX ACTION NORTHWOODS REALTY, LLC

Bought with KATHY TUTT • RE/MAX ACTION NORTHWOODS REALTY, LLC

Redfin checked: a minute ago

•Source:GNMLS #178042

Redfin Estimate

$589,839

$345K since sold in July 2019$63K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 35.2% higher than the average sale price ($436K) of 6 comparable homes.

SOLD JUL 31, 2026
$400,000
A
3 beds2 baths1,041 sq ft
4709 Lamekas Rd, Mercer, WI 54547
SOLD DEC 19, 2025
$352,000
B
3 beds2 baths1,015 sq ft
4709N Lamekas Rd, Mercer, WI 54547
SOLD FEB 23, 2026
$485,000
C
2 beds2 baths1,217 sq ft
7840N Landing Rd, Hurley, WI 54534
SOLD JUN 15, 2026
$580,000
D
3 beds2 baths1,728 sq ft
3086 Sand Lake Lodge Ln, Lac du Flambeau, WI 54538
SOLD FEB 25, 2026
$345,000
E
3 beds2 baths1,300 sq ft
2184W Pine Forest Rd, Mercer, WI 54547
SOLD JUN 12, 2026
$455,000
F
3 beds2 baths1,760 sq ft
2276 Allyn Rd, Mercer, WI 54547

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Refinance

Est. cash available

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Market trends in 54547, WI

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.8%

2.0% MoM

Median sale price

$482K

$109 MoM

Avg. days on market

66d

0 days MoM

Recently sold homes

2 MoM

New listings for sale

$564,900
3 beds2.5 baths2,131 sq ft
4632 Lake Of The Falls Rd W, Mercer, WI 54547
$210,000
2 beds2 baths700 sq ft
5251 Statehouse Cir N, Mercer, WI 54547
$399,900
3 beds1.5 baths2,328 sq ft
2560 W Mercer Lake Cir, Mercer, WI 54547
See all

Provided by Redfin

Sale history for 5081N Musky Point Rd

Date

Event

Price

GNMLS #178042

Jul 25, 2019

Sold

$245,000

$188/sq ft

May 14, 2019

Listed

$249,900

$191/sq ft

GNMLS #150926

Nov 6, 2015

Sold

$90,000

$69/sq ft

Jun 11, 2015

Listed

$129,900

$100/sq ft

+15

Lake of the Falls - 5081N Musky Point Road, Mercer - Handy Man Special with 200 feet shoreline on Lake of the Falls at a Great Price! This full log cabin features an open living concept with a free standing wood stove in the living area, open kitchen and dining area. There is 1 bedroom, full bathroom, lakeside covered upper deck that spans the entire front of the cabin, full unfinished basement with walkout lower level having lakeside patio doors, wash / dryer hook-up, poured walls with block foundation as well as 200 amp electric service, newer electric hot water heater, drilled well and conventional septic. There is some work that needs to be completed - ceilings need to be painted, needs carpeting, covered deck needs some proper supports and stairs, and needs lots of clean up. There is 200 feet of sandy and gravel shoreline on Lake of the Falls with 0.46 acre of wooded land. Located on a town road with easy access to the snowmobile trails. Priced $70,000 Below Assessed Value!

Year

Property tax

Land + Additions

Assessment*

2025

$3,045 (+4.0%)

$93,800 + $115,700

$209,500

2024

$2,929 (+15.9%)

$93,800 + $115,700

$209,500

2023

$2,527 (−5.1%)

$93,800 + $115,700

$209,500

2022

$2,661 (+1.5%)

$93,800 + $115,700

$209,500

2021

$2,623 (−0.3%)

$93,800 + $115,700

$209,500

2020

$2,630 (+0.2%)

$93,800 + $115,700

$209,500

2019

$2,625 (+15.0%)

$93,800 + $115,700

$209,500

2018

$2,282 (+13.1%)

$93,800 + $90,200

$184,000

2017

$2,018 (+30.7%)

$93,800 + $75,700

$169,500

2016

$1,544 (+3.1%)

$93,800 + $44,700

$138,500

2014

$1,497 (−40.2%)

$93,800 + $44,700

$138,500

2013

$2,502

$150,000 + $49,500

$199,500

Tax history for 5081N Musky Point Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,045 (+4.0%)

$93,800 + $115,700

$209,500

2024

$2,929 (+15.9%)

$93,800 + $115,700

$209,500

2023

$2,527 (−5.1%)

$93,800 + $115,700

$209,500

2022

$2,661 (+1.5%)

$93,800 + $115,700

$209,500

2021

$2,623 (−0.3%)

$93,800 + $115,700

$209,500

2020

$2,630 (+0.2%)

$93,800 + $115,700

$209,500

2019

$2,625 (+15.0%)

$93,800 + $115,700

$209,500

2018

$2,282 (+13.1%)

$93,800 + $90,200

$184,000

2017

$2,018 (+30.7%)

$93,800 + $75,700

$169,500

2016

$1,544 (+3.1%)

$93,800 + $44,700

$138,500

2014

$1,497 (−40.2%)

$93,800 + $44,700

$138,500

2013

$2,502

$150,000 + $49,500

$199,500

*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

0.46 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Iron County

APN

012 2113-0000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 19, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
# of Garage Spaces: 3
Parking Features: Gravel, Detached, Garage, Storage, Driveway

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 2

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, Microwave, Refrigerator
Flooring: Carpet, Tile, Wood
Has Fireplace
Fireplace Features: Free Standing, Wood Burning

Room Information
Has Basement
Basement Details: Full, Finished, Interior Entry, Sump Pump, Walk-Out Access

Exterior

Exterior Features
Patio And Porch Features: Deck, Patio, Covered
Door Features: French Doors
Roof: Metal

Building Information
Sq. Ft.: 1305
Above Grade Finished Area: 777
Below Grade Finished Area: 528
Levels: One
# of Stories Total: 1
Construction Materials: Log
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

Lot Information
Lot Features: Sloped, Wooded, Waterfront
Frontage Type: Lakefront
Frontage Length: 200
Water Body Name: LAKE OF THE FALLS
Zoning Description: Residential

Financial

Tax Information
Tax Annual Amount: $2,282

Utilities

Utility Information
Electric: Circuit Breakers
Sewer: Septic Tank

Location

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

Location Information
Directions: From Mercer - HWY 51 north 1 mile to LEFT on CTH FF. Go 6.1 miles to STRAIGHT on Musky Point Rd. Go .8 mile to 5081 on LEFT

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.46 acres
Style: Other
Year Built: —
Year Renovated: —
County: Iron County
APN: 012 2113-0000

Home facts updated by county records on Aug 19, 2026

Around this home

Schools

Mercer School

Public PreK-12 • Assigned • 5.5mi

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

$561,000 – $679,000

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

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New listings for sale in 54547

$564,900

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4632 Lake Of The Falls Rd W, Mercer, WI 54547

$210,000

2 beds2 baths700 sq ft

5251 Statehouse Cir N, Mercer, WI 54547

$399,900

3 beds1.5 baths2,328 sq ft

2560 W Mercer Lake Cir, Mercer, WI 54547

Home values near 5081N Musky Point Rd

Data from public records.

Address	Redfin Estimate
5005 Musky Point Rd, Mercer, WI 4 Beds \| 3.5 Baths \| 5315 Sq. Ft.	$1,351,183
5018N Musky Rd, Mercer, WI 1 Beds \| 1 Baths \| 768 Sq. Ft.	$273,584

Address	Redfin Estimate
5094 Musky Point Rd, Mercer, WI 4 Beds \| 2 Baths \| 1463 Sq. Ft.	$461,552

Address	Redfin Estimate
4939 Musky Point Rd Apartment 5, Mercer, WI 3 Beds \| 1 Baths \| 1242 Sq. Ft.	$368,517

Property information provided by GNMLS when last listed in 2019. This data may not match . Learn more.

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