Closed
Last Sold Price
$132,500
113,256 Lot Size2.6 Acres

lot 3 Rice Lake Rd, Mercer, WI 54547

LandProperty Type
2.6 acresLot Size

Description

Stunning vacant waterfront lot featuring 270 feet of prime frontage on Rice Lake! This property has an incredible view taking in a wide span across the lake and a southern exposure! It is heavily wooded with birch, maple and pines, and offers lots of privacy with 2.6 acres of land! This lot is located in an area of all fine homes, off a blacktop town road and is only a few miles from town. Plus, it features direct access to the snowmobile and ATV trails! The soil test is complete and the test results...Stunning vacant waterfront lot featuring 270 feet of prime frontage on Rice Lake! This property has an incredible view taking in a wide span across the lake and a southern exposure! It is heavily wooded with birch, maple and pines, and offers lots of privacy with 2.6 acres of land! This lot is located in an area of all fine homes, off a blacktop town road and is only a few miles from town. Plus, it features direct access to the snowmobile and ATV trails! The soil test is complete and the test results are for a 4 bedroom conventional septic system. The power and telephone are along the road, making this parcel ready to build your dream up north home!
  • Listed by: MICKI PIERCE-HOLMSTROM 715.476.2111 mickisellslots@gmail.com • CENTURY 21 PIERCE REALTY - MERCER
Listing closed: 10/25/2022 12:00 AM • Source: Greater Northwoods MLS, MLS#: 196378
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Recent comparable sales

Median sold price

$135,000

Avg days on market

146

Sale-to-list ratio

94.3%

Mercer, WI

9 comparable properties found

$135,000 | Lot On Arrowhead Drive, Mercer, WI 54547
1/22
1

$135,000

Sold 10/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6.45
Acres
$156,000 | 6064 Cramer Lake Road, Mercer, WI 54547
1/48
2

$156,000

Sold 11/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.97
Acres
$112,000 | 2854 West N Mercer Lake Circle, Mercer, WI 54547
1/4
3

$112,000

Sold 11/20/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.43
Acres
$112,000 | 2854 Mercer Lake Circle South, Mercer, WI 54547
4

$112,000

Sold 11/08/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.43
Acres
$100,501 | 5420 North Hideaway Trail, Mercer, WI 54547
1/30
5

$100,501

Sold 12/23/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
7.5
Acres
$150,000 | 2924 West N Mercer Lake Circle, Mercer, WI 54547
1/15
6

$150,000

Sold 03/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.92
Acres
$150,000 | 2752 South Mercer Lake Circle, Mercer, WI 54547
1/14
7

$150,000

Sold 01/13/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
25.5
Acres
$99,000 | Lot 7 West Crystal Lake Dr Park Falls, Mercer, WI 54547
1/21
8

$99,000

Sold 11/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.93
Acres
$145,000 | Lot 25 Creekside Court, Mercer, WI 54547
1/13
9

$145,000

Sold 12/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.7
Acres

Location

Listing Courtesy of CENTURY 21 PIERCE REALTY - MERCER

Sold By CENTURY 21 PIERCE REALTY - MERCER

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Property Information for Lot 3 Rice Lake Road

Property Details

  • Taxes: $1,301 / year
  • MLS Type: Land
  • County: Iron County
  • Has View: Yes
  • Waterfront Features: Lake Front
  • Has Waterfront: Yes

Building Information

  • Lot Size: 2.60 AC

Summary

Location and General Information
  • Directions: Hwy 51 north of Mercer, turn right on Arrowhead Drive to right on Rice Lake Road to property on right. Watch for signs.
  • Latitude: 46.190424
  • Longitude: -90.0787991
  • Township: IR Mercer
  • Water Body Name: RICE
Taxes and HOA
  • Parcel Number: 000000
  • Tax Annual Amount: $1,301.00
  • Tax Year: 2021

Property

Lot Information
  • Direction Faces: South
  • Frontage Length: 270.0
  • Frontage Length Remarks: 270
  • Frontage Type: Lakefront
  • Lot Features: Wooded, Waterfront
  • Lot Size Square Feet: 113256.0
  • Public Survey Range: 3E
  • Public Survey Section: 23
  • Public Survey Township: 43N
Property and Assessments
  • Property Type: Land

Property History for Lot 3 Rice Lake Road

DateEvent & SourcePriceAppreciation
Oct 25, 2022

Sold

Greater Northwoods MLS #196378

$132,500
—
Oct 14, 2022

Contingent

Greater Northwoods MLS #196378

—
—
May 12, 2022

Listed (Active)

Greater Northwoods MLS #196378

$137,900
—
DateEvent & SourcePrice
10/25/2022

Sold

Greater Northwoods MLS #196378

$132,500
10/14/2022

Contingent

Greater Northwoods MLS #196378

—
05/12/2022

Listed (Active)

Greater Northwoods MLS #196378

$137,900

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

Schools near Lot 3 Rice 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: Lot 3 Rice Lake Road, Mercer, WI 54547
$132,500
–
–
–
113,256
$40,300
–
–
–
217,800
$116,000
–
–
–
126,324
$615,000
–
–
–
222,156
$300,000
3
2,412
248,292
–
–
–
–
248,728

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.