OFF MARKET

Off market mar 2016 for $270K

$475,905

Est. refi paymentEst. refi $1,798/mo

•

2,055

sq ft

5503 Hwy 51, Mercer, WI 54547

About this home

Stunning custom built home wrapped in hand-hewn sawn trapper wood siding, accented with attractive stone and a massive covered entry. The spacious attached garage features in floor heating, hot and cold water and entrance area to drop all your gear. Inside you'll find a striking kitchen highlighted with beautiful concrete counter tops, custom made rustic hickory cabinets, top of the line appliances, center butcher block island and under cabinet lighting. The large dining area is open to the impressive living room, which is complete with a massive fireplace, cathedral ceiling and beautiful wood work! The roomy master bedroom features a stone accented wall, large closet and attractive master bath with walk in tile shower. 2 additional bedrooms, a 2nd spectacular bath featuring a custom etched glass walk in shower door and fabulous 3 season porch complete the main level. The basement offers a large storage area, finished office and 3rd bath.

Single-familyProperty Type

7.93 acresLot Size

$232Est. Price/Sq.Ft.

2 car garageParking

Listed by MICKI PIERCE-HOLMSTROM • CENTURY 21 PIERCE REALTY - MERCER

Bought with MICKI PIERCE-HOLMSTROM • CENTURY 21 PIERCE REALTY - MERCER

Redfin checked: 2 minutes ago

•Source:GNMLS #154946

Redfin Estimate

$475,905

$206K since sold in March 2016$11K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 47.6% lower than the average sale price ($909K) of 6 comparable homes.

SOLD OCT 19, 2026
$549,000
A
3 beds2.5 baths2,131 sq ft
4632 W Lake Of The Falls Rd, Mercer, WI 54547
SOLD OCT 15, 2026
$395,000
B
3 beds2 baths1,980 sq ft
2657 W Garnet St, Mercer, WI 54547
SOLD APR 10, 2026
$674,000
C
3 beds2 baths1,964 sq ft
5751 E Echo Lake Rd, Mercer, WI 54547
SOLD SEP 30, 2026
$2,850,000
D
3 beds2.5 baths2,054 sq ft
6380 Cth W, Manitowish Waters, WI 54545
SOLD JUN 12, 2026
$636,000
E
3 beds3 baths1,819 sq ft
4153 Pine Rd #6, Mercer, WI 54547
SOLD OCT 12, 2026
$350,000
F
3 beds1 bath950 sq ft
3844W Cth Ff, Mercer, WI 54547

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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 5503 Hwy 51

Date

Event

Price

GNMLS #154946

Mar 4, 2016

Sold

$270,000

$131/sq ft

Jan 6, 2016

Listed

$274,900

$134/sq ft

GNMLS #125414

Dec 14, 2012

Sold

$60,000

$29/sq ft

Apr 16, 2012

Listed

$69,900

$34/sq ft

Mercer-First Time Ever on the Market! The possibilities are endless with this property in a great location being across the street from the ATV/Snowmobile Trails. This 2 bedroom, 1 bath home has vertical half log siding with beautiful T & G Pine interior paneling throughout the home. The living room features a large picture window and hardwood floors; the eat in kitchen has "old time" wooden cabinets and a large picture window for a nice view while dining. There are 2 bedrooms with hardwood floors and a full bath. It has a full unfinished basement with washer/dryer hook up, LP gas furnace and lots of storage room. Included is an attached 1 car garage and 7 acres of nicely wooded land having majestic pines. Home has septic installed in 1998, needs a new well and lots of clean up and is currently condemned because of this. Sold in "AS IS Condition". Priced to Sell! $69,900!

Year

Property tax

Land + Additions

Assessment*

2025

$3,858 (+4.0%)

$32,500 + $232,500

$265,000

2024

$3,711 (+15.8%)

$32,500 + $232,500

$265,000

2023

$3,205 (−5.1%)

$32,500 + $232,500

$265,000

2022

$3,376 (+1.5%)

$32,500 + $232,500

$265,000

2021

$3,327 (−0.3%)

$32,500 + $232,500

$265,000

2020

$3,336 (+0.2%)

$32,500 + $232,500

$265,000

2019

$3,329 (+0.8%)

$32,500 + $232,500

$265,000

2018

$3,303 (+4.0%)

$32,500 + $232,500

$265,000

2017

$3,175 (+6.3%)

$32,500 + $232,500

$265,000

2016

$2,987 (+278.6%)

$32,500 + $232,500

$265,000

2014

$789 (−12.5%)

$18,800 + $60,700

$79,500

2013

$901

$18,800 + $60,700

$79,500

Tax history for 5503 Hwy 51

Year

Property tax

Land + Additions

Assessment*

2025

$3,858 (+4.0%)

$32,500 + $232,500

$265,000

2024

$3,711 (+15.8%)

$32,500 + $232,500

$265,000

2023

$3,205 (−5.1%)

$32,500 + $232,500

$265,000

2022

$3,376 (+1.5%)

$32,500 + $232,500

$265,000

2021

$3,327 (−0.3%)

$32,500 + $232,500

$265,000

2020

$3,336 (+0.2%)

$32,500 + $232,500

$265,000

2019

$3,329 (+0.8%)

$32,500 + $232,500

$265,000

2018

$3,303 (+4.0%)

$32,500 + $232,500

$265,000

2017

$3,175 (+6.3%)

$32,500 + $232,500

$265,000

2016

$2,987 (+278.6%)

$32,500 + $232,500

$265,000

2014

$789 (−12.5%)

$18,800 + $60,700

$79,500

2013

$901

$18,800 + $60,700

$79,500

*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

7.93 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Iron County

APN

012 1912-0000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 19, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
Has Attached Garage
# of Garage Spaces: 2
Parking Features: Attached, Garage, Heated Garage, Storage

Interior

Bathroom Information
# of Full Bathrooms: 3

Heating & Cooling
Has Heating
Heating: Forced Air, Propane, Radiant Floor

Interior Features
Interior Features: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), Master Downstairs
Appliances: Electric Water Heater
Flooring: Carpet, Laminate, Tile
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Stone

Exterior

Exterior Features
Patio And Porch Features: Deck, Patio, Covered
Roof: Composition, Shingle

Building Information
Sq. Ft.: 2055
Above Grade Finished Area: 1,672
Below Grade Finished Area: 383
Construction Materials: Frame, Stone, Wood Siding

Property Features
Other Equipment: Generator

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

Lot Information
Lot Features: Wooded
Road Frontage Type: Highway

Financial

Tax Information
Tax Annual Amount: $2,229

Location

Location Information
Directions: Hwy 51 North of Mercer, first driveway on Left past Cranberry Inn.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 7.93 acres
Style: Other
Year Built: —
Year Renovated: —
County: Iron County
APN: 012 1912-0000

Home facts updated by county records on Aug 19, 2026

Around this home

Schools

Mercer School

Public PreK-12 • Assigned • 1.5mi

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 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

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

$453,000 – $548,000

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Home values near 5503 Hwy 51

Data from public records.

Address	Redfin Estimate
3250W Poplar Rd, Mercer, WI 3 Beds \| 2 Baths \| 1050 Sq. Ft.	—
5548 Arrowhead Dr, Mercer, WI 4 Beds \| 2.5 Baths \| 2616 Sq. Ft.	$503,389

Address	Redfin Estimate
2947N Cth Ff, Mercer, WI 3 Beds \| 2.5 Baths \| 2800 Sq. Ft.	$432,366

Address	Redfin Estimate
5507 Arrowhead Dr, Mercer, WI 3 Beds \| 1.5 Baths \| 3164 Sq. Ft.	$579,133

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

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