OFF MARKET

Off Market Nov 2016 for $265K

$571,749

•

1,864

sq ft

5223N Lake Rd Rd W, Mercer, WI 54547

About this home

Epitomizing the very best in craftsmanship and quality, this luxury chalet has 275' frontage on Lake of the Falls and is sits privately on 4 heavily wooded acres. Top of the line materials and appliances compliment towering cathedral ceilings, huge loft with master bath and bedroom overlooking the great room & water view, chef's kitchen and breakfast bar, stone fireplace w/ masonry chimney, and a stunning Western-facing wall of windows affording an enchanting woods & water view. There's another full bath, 2 big bedrooms, convenient 1st floor laundry, and real hardwood floors throughout this premier home. Downstairs, the full basement with a partially finished 4th bedroom and tall ceilings make adding more living space easy. A boardwalk leads to a private pier and waterfront. Fishing, direct ATV/snowmobile trail access from property, wildlife, and total privacy make this the ideal Northwoods setting. Just reduced, this rare jewel can be yours for many thousands under appraisal!

Single-familyProperty Type

2007Year Built

4 acresLot Size

$307Est. Price/Sq.Ft.

Listed by ANDREW HARRIS • SHOREWEST - MANITOWISH WATERS

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

Redfin checked: 2 minutes ago

•Source:GNMLS #159675

Redfin Estimate

$571,749

$307K since sold in November 2016$37K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.1% lower than the average sale price ($603K) of 6 comparable homes.

SOLD NOV 25, 2025
$620,000
A
3 beds2 baths2,153 sq ft
5583N Creekside Ct, Mercer, WI 54547
SOLD JUN 15, 2026
$809,000
B
2 beds2 baths1,742 sq ft
7353 Cth Rd W, Presque Isle, WI 54557
SOLD AUG 14, 2026
$777,300
C
3 beds2 baths1,842 sq ft
7101 Island View Rd, Winchester, WI 54557
SOLD OCT 24, 2025
$350,400
D
3 beds2.5 baths1,574 sq ft
5311N Pierpont Dr, Mercer, WI 54547
SOLD JUL 1, 2026
$475,000
E
3 beds2 baths1,680 sq ft
4410W Timberline Rd, Mercer, WI 54547
SOLD SEP 26, 2025
$585,000
F
3 beds2 baths2,546 sq ft
1002 W Cegann Rd, Mercer, WI 54547

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Earn from this home

Rent

$2,281/mo

Redfin rental estimate

List your home for rent

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 5223N Lake Rd Rd W

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Iron County

APN

2105-0200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 9, 2026.

Property details

Parking

Parking/Garage Information
Parking Features: Gravel

Interior

Bathroom Information
# of Full Bathrooms: 2

Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s), Central Air
Has Heating
Heating: Forced Air, Propane, Radiant Floor

Interior Features
Interior Features: Ceiling Fan(s)
Appliances: Oven, Dryer, Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
Flooring: Wood
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Stone

Room Information
Laundry Features: Main Level
Has Basement
Basement Details: Full

Exterior

Exterior Features
Exterior Features: Dock, Playground
Patio And Porch Features: Deck
Roof: Composition, Shingle

Building Information
Direction Faces: West
Sq. Ft.: 1864
Above Grade Finished Area: 1,864
Levels: One and One Half
Construction Materials: Frame

Property Features
On Waterfront
Waterfront Features: Lake Front
Has View
Other Structures: Shed(s)

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

Lot Information
Lot Features: Private, Secluded, Views, Wooded, Wetlands, Waterfront
Frontage Type: Lakefront
Frontage Length: 275
Water Body Name: LAKE OF THE FALLS
Road Surface Type: Unimproved
Road Frontage Type: Unimproved
Zoning Description: Residential

Financial

Tax Information
Tax Annual Amount: $2,968

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: Hwy 51 North to Left on Russell Bros Road to Left on West lake Road to property on Right. Sign on property.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Iron County
APN: 2105-0200

Home facts updated by county records on Jun 9, 2026

Around this home

Schools
Places
Transit

Mercer School

Public PreK-12 • Assigned • 3.9mi

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

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

$544,000 – $658,000

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

Nearby similar homes

$897,000

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5601W Baldovin Rd, Hurley, WI 54534

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16340 N State Highway 13, Park Falls, WI 54552

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1711 Hwy 51, Mercer, WI 54547

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4 beds4 baths4,136 sq ft

7010 Hiawatha Lake Rd, Manitowish Waters, WI 54545

$827,900

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Kurt Gottwald • RealtyPro Professional Real Estate Group LLC

New listings for sale in 54547

$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

Home values near 5223N Lake Rd Rd W

Data from public records.

Address	Redfin Estimate
6911 North Cramer Lake Rd, Mercer, WI 2 Beds \| 1 Baths \| 1408 Sq. Ft.	$596,419
7105W Blue Heron Rdg, Mercer, WI 3 Beds \| 2 Baths \| 2318 Sq. Ft.	$417,113

Address	Redfin Estimate
6789N Cramer Lake Rd, Mercer, WI 2 Beds \| 1 Baths \| 806 Sq. Ft.	$410,679

Address	Redfin Estimate
6825 North Cramer Lake Rd, Mercer, WI - Beds \| 0.5 Baths \| 864 Sq. Ft.	$336,973

Property information provided by GNMLS when last listed in 2016. This data may not match . Learn more.

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