OFF MARKET

Off Market Dec 2020 for $625K

$1,352,305

Est. refi paymentEst. refi $3,965/mo

•

4,478

sq ft

5553N Martha Lake Rd, Mercer, WI 54547

About this home

TOTAL PRIVACY! 710' ftg on Martha Lake with 15 wooded acres is very private yet only 3 miles from Town! Beautiful home with lots of room built in 2006, 5 bedrooms and 3 bathrooms, plus bonus space galore! Living room has cathedral ceilings, gas FP and 2 sliding doors to lakeside deck with Dining area just off the LR and open kitchen has nice wood cabinetry and breakfast bar. Main floor MBR suite with sliding door to lakeside deck has master bath and large walk in closet! 2 more bedrooms, full bath and HUGE office are also on the main floor. Finished LL walkout has large family room, 2 more bedrooms, the 3rd full bath and access to the drive under 1 car garage plus utility room. Attached 2 car garage and detached 2 car garage with large workroom - no shortage of storage! Exterior grounds are well maintained, there are steps to the lakefront but a nice level area for sunning & swimming. There is also a playhouse! This property offers SO much more - Truly a must see!

Single-familyProperty Type

2006Year Built

15 acresLot Size

$302Est. Price/Sq.Ft.

Listed by LINDA LONG TEAM • REDMAN REALTY GROUP, LLC

Bought with RAEGENE ZELAZOSKI • FIRST WEBER - RHINELANDER

Redfin checked: a few seconds ago

•Source:GNMLS #179971

Redfin Estimate

$1,352,305

$727K since sold in December 2020$49K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 36.3% higher than the average sale price ($992K) of 6 comparable homes.

SOLD AUG 3, 2026
$1,385,000
A
3 beds3.5 baths4,106 sq ft
7682 Cth P, Presque Isle, WI 54557
SOLD JUL 1, 2026
$475,000
B
3 beds2 baths1,680 sq ft
4410W Timberline Rd, Mercer, WI 54547
SOLD JUL 2, 2026
$1,200,000
C
4 beds3.5 baths2,660 sq ft
3126 Eagle Point Way, Lac Du Flambeau, WI 54538
SOLD AUG 13, 2026
$1,600,000
D
5 beds4.5 baths3,808 sq ft
5810 & 5809 Stone Lake Rd Rd N, Manitowish Waters, WI 54545
SOLD JUL 31, 2026
$720,000
E
3 beds4 baths4,511 sq ft
5364 River Run Ln, Boulder Junction, WI 54512
SOLD MAY 15, 2026
$574,000
F
4 beds3.5 baths2,457 sq ft
14295 Little Ten Ln, Lac du Flambeau, WI 54538

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$2,738/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

NEW 20 HRS AGO
$369,000
3 beds1 bath950 sq ft
3844W Cth Ff, Mercer, WI 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
See all

Provided by Redfin

Sale history for 5553N Martha Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,298 (+4.1%)

$281,300 + $431,200

$712,500

2024

$9,891 (+15.7%)

$281,300 + $431,200

$712,500

2023

$8,548 (−5.2%)

$281,300 + $431,200

$712,500

2022

$9,020 (+0.1%)

$281,300 + $431,200

$712,500

2021

$9,009 (−0.2%)

$281,300 + $431,200

$712,500

2020

$9,026 (+0.2%)

$281,300 + $431,200

$712,500

2019

$9,009 (+0.8%)

$281,300 + $431,200

$712,500

2018

$8,941 (+4.0%)

$281,300 + $431,200

$712,500

2017

$8,598 (+6.3%)

$281,300 + $431,200

$712,500

2016

$8,088 (+3.2%)

$281,300 + $431,200

$712,500

2014

$7,841 (−13.3%)

$281,300 + $431,200

$712,500

2013

$9,043

$281,300 + $431,200

$712,500

Tax history for 5553N Martha Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,298 (+4.1%)

$281,300 + $431,200

$712,500

2024

$9,891 (+15.7%)

$281,300 + $431,200

$712,500

2023

$8,548 (−5.2%)

$281,300 + $431,200

$712,500

2022

$9,020 (+0.1%)

$281,300 + $431,200

$712,500

2021

$9,009 (−0.2%)

$281,300 + $431,200

$712,500

2020

$9,026 (+0.2%)

$281,300 + $431,200

$712,500

2019

$9,009 (+0.8%)

$281,300 + $431,200

$712,500

2018

$8,941 (+4.0%)

$281,300 + $431,200

$712,500

2017

$8,598 (+6.3%)

$281,300 + $431,200

$712,500

2016

$8,088 (+3.2%)

$281,300 + $431,200

$712,500

2014

$7,841 (−13.3%)

$281,300 + $431,200

$712,500

2013

$9,043

$281,300 + $431,200

$712,500

*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

15 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Iron County

APN

012 2812-0000

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
Parking Features: Paved, Attached, Detached, Garage

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 3

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

Interior Features
Interior Features: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s)
Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring: Carpet, Wood
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Gas

Room Information
Laundry Features: Main Level
Has Basement
Basement Details: Crawl Space, Exterior Entry, Full, Finished, Interior Entry, Walk-Out Access

Exterior

Exterior Features
Exterior Features: Dock
Patio And Porch Features: Patio, Deck
Door Features: French Doors
Roof: Composition, Shingle

Building Information
Direction Faces: West
Sq. Ft.: 4478
Above Grade Finished Area: 2,478
Below Grade Finished Area: 2,000
Construction Materials: Frame, Vinyl Siding

Property Features
On Waterfront
Waterfront Features: Lake Front
Has View
Other Structures: Outbuilding

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

Lot Information
Lot Features: Private, Secluded, Sloped, Views, Wooded, Waterfront
Frontage Type: Lakefront
Frontage Length: 710
Water Body Name: MARTHA
Road Surface Type: Paved

Financial

Tax Information
Tax Annual Amount: $8,940

Location

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

Location Information
Directions: From Manitowish Waters HWY 51 North just past Action Flooring to Lt on Thompson Trail. Road ends at Martha Lake Rd- turn right to property on left.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 15 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Iron County
APN: 012 2812-0000

Home facts updated by county records on Aug 19, 2026

Around this home

Schools
Places
Transit

Mercer School

Public PreK-12 • Assigned • 1.8mi

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

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

$1.29M – $1.56M

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

Nearby similar homes

$399,000

1 bed1 bath1,454 sq ft

14232 Powell Rd, Manitowish Waters, WI 54545

Adam Bruckner • Collective Real Estate Group

$897,000

3 beds3 baths2,075 sq ft

5601W Baldovin Rd, Hurley, WI 54534

$210,000

2 beds2 baths700 sq ft

5251 Statehouse Cir N, Mercer, WI 54547

$349,900

3 beds1 bath1,272 sq ft

7345 County Hwy W, Winchester, WI 54557

Adam Bruckner • Collective Real Estate Group

$827,900

3 beds3 baths2,946 sq ft

8020 Flandrena Rd N, Hurley, WI 54534

$399,000

2 beds2 baths1,840 sq ft

10310 Reible Ct, Boulder Junction, WI 54512

New listings for sale in 54547

NEW 20 HRS AGO

$369,000

3 beds1 bath950 sq ft

3844W Cth Ff, Mercer, WI 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 5553N Martha Lake Rd

Data from public records.

Address	Redfin Estimate
5232 Martha Lake Road, Mercer, WI 3 Beds \| 2 Baths \| 1604 Sq. Ft.	$567,944
5795 Beaver Lodge Circle, Mercer, WI 3 Beds \| 2 Baths \| 1730 Sq. Ft.	$862,038

Address	Redfin Estimate
2012 Roamer Road, Mercer, WI 2 Beds \| 0.5 Baths \| 616 Sq. Ft.	$591,095
2017 Roamer Road #3, Mercer, WI 2 Beds \| 1 Baths \| 725 Sq. Ft.	$260,691

Address	Redfin Estimate
1992W Diamond Road, Mercer, WI 3 Beds \| 1 Baths \| 1260 Sq. Ft.	—

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

More real estate resources

Cities
Zip Codes
Popular Searches

Montreal homes for sale
Lac du Flambeau homes for sale
Ironwood homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Houses for sale near me	Madison, WI homes for sale	Wauwatosa, WI homes for sale
Land for sale near me	Milwaukee, WI homes for sale	Green Bay, WI homes for sale
Open Houses near me	Lake Geneva, WI homes for sale	Mercer Property Records
Condos for sale near me	Brookfield, WI homes for sale	WI New Listings
Agents near me	Kenosha, WI homes for sale	Mercer Housing Market