Sold
Last Sold Price
5 beds4,478 sqft$140/sqft
5553 Martha Lake Rd, Mercer, WI 54547
Single FamilyProperty Type
15 acresLot Size
2006Year Built
$140/sq ftPrice per sq ft

Description

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...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!
  • Listed by: LINDA LONG TEAM 715.543.2544 linda@redmanrealtygroup.com • REDMAN REALTY GROUP, LLC
Listing closed: 12/17/2020 06:00 PM • Source: Greater Northwoods MLS, MLS#: 179971

Recent comparable sales

Median sold price

$562,000

Avg days on market

127

Sale-to-list ratio

96.2%

Mercer, WI

9 comparable properties found

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$540,000 | 2577 Garnet Street, Mercer, WI 54547
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Acres

Location

Listing Courtesy of REDMAN REALTY GROUP, LLC

Sold By FIRST WEBER - RHINELANDER

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Property Information for 5553 Martha Lake Road

Property Details
  • Taxes: $8,940 / year
  • MLS Type: Residential / Single Family Residence
  • County: Iron County
  • Architectural Style: Ranch
  • View: Water
  • Has View: Yes
  • Waterfront Features: Lake Front
  • Has Waterfront: Yes
Building Information
  • Year Built: 2006
  • Lot Size: 15.00 AC / 653,400 SF
Summary
Location and General 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.
  • Latitude: 46.178711
  • Longitude: -90.02652
  • Township: IR Mercer
  • Water Body Name: MARTHA
Taxes and HOA
  • Parcel Number: 2812-0000
  • Tax Annual Amount: $8,940.00
  • Tax Year: 2018
School Information
  • Elementary School: IR Mercer
  • High School: IR Mercer
  • Middle Or Junior School: IR Mercer
Parking
  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Paved, Attached, Detached, Garage
Virtual Tour
Property
Lot Information
  • Direction Faces: West
  • Frontage Length: 710.0
  • Frontage Length Remarks: 710
  • Frontage Type: Lakefront
  • Lot Features: Private, Secluded, Sloped, Views, Wooded, Waterfront
  • Lot Size Square Feet: 653400.0
  • Public Survey Range: 4
  • Public Survey Section: 29
  • Public Survey Township: 43
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 2478.0
  • Below Grade Finished Area: 2000.0
  • Building Area Total: 4478.0
  • Living Area: 4478.0
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2006
Building Features
  • Other Structures: Outbuilding
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Composition, Shingle
Interior and Exterior Features
Exterior Features
  • Door Features: French Doors
  • Exterior Features: Dock
  • Patio And Porch Features: Patio, Deck
Interior Features
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Basement: Crawl Space, Exterior Entry, Full, Finished, Interior Entry, Walk-Out Access
  • Has Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Cooling: Ceiling Fan(s), Central Air
  • Has Cooling: Yes
  • Fireplace Features: Gas
  • Total Fireplaces: 1
  • Has Fireplace: Yes
  • Flooring: Carpet, Wood
  • Heating: Forced Air, Propane
  • Has Heating: Yes
  • Interior Features: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s), Master Downstairs
  • Laundry Features: Main Level
  • Room Type: Master Bathroom
  • Water Heater: Electric
Room Information
Room 1
  • Level: First
  • Type: Master Bathroom
Room 2
  • Dimensions: 12'10x9'8
  • Level: First
  • Type: Bedroom
Room 3
  • Dimensions: 14'5x12'9
  • Level: Basement
  • Type: Bedroom
Room 4
  • Level: First
  • Type: Bathroom
Room 5
  • Dimensions: 12x9'6
  • Level: First
  • Type: Dining Room
Room 6
  • Dimensions: 19'7x11'11
  • Level: Basement
  • Type: Bedroom
Room 7
  • Dimensions: 27x18
  • Level: First
  • Type: Living Room
Room 8
  • Dimensions: 27'5x26
  • Level: Basement
  • Type: Family Room
Room 9
  • Dimensions: 1'2x13
  • Level: First
  • Type: Kitchen
Room 10
  • Dimensions: 14'5x11'11
  • Level: Basement
  • Type: Exercise Room
Room 11
  • Level: Basement
  • Type: Bathroom
Room 12
  • Dimensions: 14'11x13'10
  • Level: Basement
  • Type: Bonus Room

Property History for 5553 Martha Lake Road

DateEvent & SourcePriceAppreciation
Dec 17, 2020

Sold

Greater Northwoods MLS #179971

$625,500
Dec 17, 2020

Contingent

Greater Northwoods MLS #179971

Jul 19, 2019

Listed (Active)

Greater Northwoods MLS #179971

$697,000
DateEvent & SourcePrice
12/17/2020

Sold

Greater Northwoods MLS #179971

$625,500
12/17/2020

Contingent

Greater Northwoods MLS #179971

07/19/2019

Listed (Active)

Greater Northwoods MLS #179971

$697,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5553 Martha Lake Road

Taxable ValueLand$281,300Additions$431,200Total$712,500
Tax Record2023$9,469 ($789 / month)
Home Facts
Beds0Lot Size653,400 SqFtStyleSingle Family ResidenceCountyIRONAPN12-2812-0000

Schools near 5553 Martha Lake Road

This home is within Mercer School District.
Rating
School
Type
Grades
Distance
Public - PK to 12
Rating
School
Distance
Mercer School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5553 Martha Lake Road, Mercer, WI 54547
$625,500
5
4,478
653,400
$625,500
653,400
$25,750
370,260
209,959
283,140
348,480

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of REDMAN REALTY GROUP, LLC

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Northwoods Association of REALTORS®. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Northwoods Association of REALTORS®. All rights reserved.