5986 North Rice Lake Road

Closed 11/15/24

Sold

Last Sold Price

$562,000

4 beds4 baths2,868 sqft

5986 N Rice Lake Rd, Mercer, WI 54547

Single FamilyProperty Type

2.2 acresLot Size

$196/sq ftPrice per sq ft

2 carsParking Spaces

Description

Stunning 4 bedroom, 3 ½ bath custom built home featuring 290 feet of level south facing frontage on Rice Lake! This is a very private park like setting offering over 2 acres of wooded land loaded with towering pines and hardwood trees. The exterior of this chalet style home is wrapped in cedar siding and features a large wrap around waterfront deck, covered porch, log railings and beautiful stone patio and walkways. Inside you’ll find an impressive great room with a towering cathedral wood ceiling,...Stunning 4 bedroom, 3 ½ bath custom built home featuring 290 feet of level south facing frontage on Rice Lake! This is a very private park like setting offering over 2 acres of wooded land loaded with towering pines and hardwood trees. The exterior of this chalet style home is wrapped in cedar siding and features a large wrap around waterfront deck, covered porch, log railings and beautiful stone patio and walkways. Inside you’ll find an impressive great room with a towering cathedral wood ceiling, massive stone fireplace, 2 large waterfront patio doors and gourmet kitchen! The spacious master bedroom offers a spectacular master bath complete with a Jacuzzi tub. Upstairs you’ll find a second master suite, while the lower walkout level highlights 2 additional bedrooms, 3rd full bath & fantastic family room with gas fireplace, lakeside patio door & wet bar. All this, plus appliances, most furnishings, riding mower w/ snowblower & pontoon boat are all included! A must see for sure!

Listing closed: 11/14/2024 06:00 PM • Source: Greater Northwoods MLS, MLS#: 208291

Recent comparable sales

Median sold price

$575,000

Avg days on market

175

Sale-to-list ratio

96.3%

1/49

$575,000

Sold 12/30/24

4
Bedrooms: 3
Bathrooms: 3,366
Square Feet: 2.86
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5912 North Spg Lk Road, Mercer, WI 54547

1/49

$330,000

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4
Bedrooms: 4
Bathrooms: 2,400
Square Feet: 0.91
Acres

5214 Lakeview Avenue, Mercer, WI 54547

1/41

$799,000

Sold 05/30/25

4
Bedrooms: 3
Bathrooms: 2,845
Square Feet: 36.69
Acres

2661 W Great Northern Trails Road, Mercer, WI 54547

1/39

$697,000

Sold 08/18/25

4
Bedrooms: 3
Bathrooms: 2,382
Square Feet: 1.00
Acres

5618 Robin Drive, Mercer, WI 54547

1/36

$450,000

Sold 05/02/25

3
Bedrooms: 3
Bathrooms: 3,137
Square Feet: 3.64
Acres

5798-na Beaver Lodge Circle, Mercer, WI 54547

1/58

$535,000

Sold 02/03/25

3
Bedrooms: 3
Bathrooms: 2,154
Square Feet: 0.6
Acres

5873 Great Northern Trail, Mercer, WI 54547

1/33

$645,000

Sold 04/15/25

3
Bedrooms: 3
Bathrooms: 4,305
Square Feet: 1.44
Acres

2859 West Great Northern Trails Road, Mercer, WI 54547

1/37

$375,000

Sold 08/13/25

4
Bedrooms: 2
Bathrooms: 2,412
Square Feet: 1.98
Acres

3141 Cut Off Road, Mercer, WI 54547

1/52

$590,000

Sold 08/08/25

3
Bedrooms: 3
Bathrooms: 2,450
Square Feet: 2.13
Acres

5404 North Okonski Road, Mercer, WI 54547

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Location

Homepage
WI
Iron County
Mercer
54547
5986 N Rice Lake Rd

Listing Courtesy of CENTURY 21 PIERCE REALTY - MERCER

Sold By CENTURY 21 PIERCE REALTY - MERCER

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Property Information for 5986 North Rice Lake Road

Property Details

MLS Type: Residential / Single Family Residence
County: Iron County
Architectural Style: Chalet Alpine
Has View: Yes
View: Water
Waterfront Features: Lake Front
Has Waterfront: Yes

Building Information

Lot Size: 2.20 AC / 95,832 SF

Summary

Location and General Information

Directions: Hwy 51 North of Mercer approximately 1 mile turn right on Arrowhead Road. As Arrowhead Road veers to right continue straight ahead onto Rice Lake Road to Fire Number 5986N on Right.
Latitude: 46.192483

Longitude: -90.074874
Township: IR Mercer
Water Body Name: RICE

Taxes and HOA

Parcel Number: 012-3846-0000

Parking

Attached Garage: No
Garage Spaces: 2.0

Garage: Yes
Parking Features: Detached, Garage, Storage
Parking Total: 2.0

Property

Lot Information

Direction Faces: South
Frontage Length: 290.0

Frontage Length Remarks: 290
Frontage Type: Lakefront
Lot Features: Level, Private, Secluded, Views, Wooded, Waterfront
Lot Size Square Feet: 95832.0
Public Survey Range: 3E
Public Survey Section: 24
Public Survey Township: 43N

Property and Assessments

Above Grade Finished Area: 1734.0
Below Grade Finished Area: 1134.0

Building Area Total: 2868.0
Living Area: 2868.0
Property Attached: No
Property Sub Type: Single Family Residence
Property Type: Residential

Building Features

Accessibility Features: Therapeutic Whirlpool
Construction Materials: Cedar, Frame

Roof: Composition, Shingle

Interior and Exterior Features

Exterior Features

Door Features: French Doors
Exterior Features: Dock

Patio And Porch Features: Deck, Patio, Covered

Interior Features

Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Basement: Full, Finished, Walk-Out Access

Has Basement: Yes
Full Bathrooms: 3
Half Bathrooms: 1
Total Bathrooms: 4
Total Bedrooms: 4
Cooling: Ceiling Fan(s), Central Air
Has Cooling: Yes
Heating: Forced Air, Propane
Has Heating: Yes
Has Fireplace: Yes
Total Fireplaces: 2
Fireplace Features: Stone
Flooring: Carpet, Ceramic Tile, Wood
Interior Features: Wet Bar, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), Master Downstairs
Water Heater: Propane

Room Information

Room 1

Type: Bathroom
Level: First

Room 2

Type: Living Room
Level: First

Dimensions: 24'10x13'5

Room 3

Type: Kitchen
Level: First

Dimensions: 24'10x13'5

Room 4

Type: Utility Room
Level: Basement

Dimensions: 12'1x10'6

Room 5

Type: Bedroom
Level: Second

Dimensions: 15'11x14'5

Room 6

Type: Family Room
Level: Basement

Dimensions: 25'5x14'10

Room 7

Type: Master Bathroom
Level: First

Dimensions: 9'11x8'2

Room 8

Type: Bathroom
Level: Second

Room 9

Type: Master Bedroom
Level: First

Dimensions: 15'2x12'4

Room 10

Type: Bathroom
Level: Basement

Room 11

Type: Bedroom
Level: Basement

Dimensions: 12x12'1

Room 12

Type: Bedroom
Level: Basement

Dimensions: 12x12'1

Property History for 5986 North Rice Lake Road

Date	Event & Source	Price	Appreciation
Nov 14, 2024	Sold Greater Northwoods MLS #208291	$562,000	—
Aug 7, 2024	Contingent Greater Northwoods MLS #208291		—
Aug 4, 2024	Listed (Active) Greater Northwoods MLS #208291	$547,500	—

Date	Event & Source	Price
11/14/2024	Sold Greater Northwoods MLS #208291	$562,000
08/07/2024	Contingent Greater Northwoods MLS #208291	—
08/04/2024	Listed (Active) Greater Northwoods MLS #208291	$547,500

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

Schools near 5986 North Rice Lake Road

This home is within Mercer School District.


Rating	School	Type	Grades	Distance
6/10	Mercer School	Public - Nearby school	PK to 12	1.7 mi


Rating	School	Distance
6/10	Mercer School PublicPK to 12 Nearby school	1.7 mi

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

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 5986 North Rice Lake Road, Mercer, WI 54547	$562,000	4	4	2,868	95,832
5986 Rice Lake Road, Mercer, WI 54547	$562,000	–	–	–	95,832
2859 W Great Northern Trail, Mercer, WI 54547	$645,000	–	–	–	62,726
5978 Rice Lake Road, Mercer, WI 54547	–	–	–	–	143,748
2851 Great Northern Trail, Mercer, WI 54547	$124,000	–	–	–	73,181
5958 Rice Lake Road, Mercer, WI 54547	–	–	–	–	248,728
2859 West Great Northern Trails Road, Mercer, WI 54547	$645,000	3	3	4,305	62,726
2843 W Great Northern Trail, Mercer, WI 54547	–	–	–	–	47,480
2838 West Great Northern Trails Road, Mercer, WI 54547	–	–	–	–	617,681
2811 Great Northern Trail, Mercer, WI 54547	$409,000	–	–	–	81,893
5932 North Rice Lake Road, Mercer, WI 54547	$300,000	3	3	2,412	248,292
Lot 3 Rice Lake Road, Mercer, WI 54547	$132,500	–	–	–	113,256
5932 Rice Lake Road, Mercer, WI 54547	$615,000	–	–	–	222,156
Lot 1 Rice Lake Road, Mercer, WI 54547	$116,000	–	–	–	126,324
Lot 11 Northern Trs Road, Mercer, WI 54547	$40,300	–	–	–	217,800
2783 W Great Northern Trail, Mercer, WI 54547	–	–	–	–	77,972

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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 CENTURY 21 PIERCE REALTY - MERCER

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.

Mercer, WI

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