Property Attributes
- ID#219033
- TypeSingle Family
- Listing Status Active
- CountyIron
- CityMercer
- AreaIR Sherman (Town)
- Zip54552
- Style
- Taxes$ 3961
- Price$ 709,900
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage2805
- Lot Size4 Acres
Data Source:
Greater Northwoods MLS (GNMLS)
Property Description
A rare opportunity to own a true Northwoods legacy property on the pristine shores of Stone Lake! Set on 4 beautifully wooded acres, this exceptional property offers 391’ of ftg on Stone Lake creating a waterfront setting w/outstanding privacy & natural beauty. The main log home was built in 1900 by Chicago railroad man Randall Burns as a caretaker’s home. Later additions saw its transformation into the Springstead post office, and then to a small Northwoods resort. Now it is a 3BR, 1BA home filled w/rustic charm that features a welcoming sun porch, 3BR is open loft for overnight guests, antique wood stoves & warm wood interiors that capture the timeless character of Northwoods living - all updated w/new windows, ductless HVAC, roof, hardscapes appliances & on-demand hot water. In addition to the main home, a full-log guest cabin was built in 1912 & features 1BR, brand-new bath & kitchen suitable for guest accommodations or STR income. A 3rd full-log cabin - also outfitted w/brand new windows - was originally built as the first garage in southern Iron County & later served as the 2nd Springstead post office & its general store - now used as an office. Completing the property is an impressive 1,050-square-foot barn, originally built as a livery for the resort, which offers abundant ground floor space for storage, hobbies, or recreational equipment as well as a spotless barn loft space. Whether you're fishing, boating, kayaking, or simply enjoying the resident loons & the peaceful sunsets over the lake, this property is designed for making memories that will last for generations! The property is one of only six in all of Iron County that’s listed in The National Register of Historic Places and is among the most significant collections of folks structures in the Northwoods! Conveniently located near Mercer & the area's renowned ATV/UTV and snowmobile trails, this waterfront retreat is perfect as a year-round residence, family compound, or cherished legacy property!
| Elementary School | Middle School | High School |
|---|---|---|
| PR Chequamegon Elementary School | PR Chequamegon (Park Falls / Glidden) Middle School | PR Park Falls High School |
| Price History | |
|---|---|
| 8/13/2026 | Listed $709,900 |
General Features
| Sewer | Conventional Sewer |
|---|---|
| Heating | Baseboard,Propane,Wood |
| Possession | Closing |
| Roof | Composition,Shingle |
| Appliances | Dryer,Electric Oven,Electric Range,Microwave,Propane Water Heater,Refrigerator,Washer |
| Patio/Porch Features | Patio |
| Architectural Style | Cabin |
| Construction Materials | Log |
| Township | IR Sherman (Town) |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Waterfront Features | Shoreline - Fisherman/Weeds,Lake Front |
| County | Iron |
| Property Type | Residential |
| Garage Y/N | false |
| Other Structures | Barn(s),Guest House |
| Full Baths | 1 |
| Status | Active |
| Directions | From Manitowish Waters take HWY 51 North towards Mercer, turn left on HWY 47 then turn right on Hwy 182. Go about 8-9 miles to right on Stone Lake Road. Property is at the end of the road on the left at 3880W. |
| ModificationTimestamp | 2026-09-09T21:26:13.477-00:00 |
| High School | PR Park Falls |
| City | Mercer |
| Body of Water | STONE |
| Zoning Description | Residential |
| Lot Size Square Feet | 174240 |
| Elementary School | PR Chequamegon |
| Property Attached Y/N | false |
| Tax Annual Amount | 3961 |
| Middle/Junior High School | PR Chequamegon (Park Falls / Glidden) |
| Virtual Tour | https://urldefense.proofpoint.com/v2/url?u=https-3A__bit.ly_4dmS8nB&d=DwMFaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=-WRkX1YSi54YjDY3E_Z3a1QaffOmaL37As9tRdwEBfU&m=V34lEXgnA6T6TSVLXklOrShjKa2ZFiTFVJnSqA5UvupTY81p5Srua27MVuUKTEjX&s=9dJzuCKDm1rcKo0r1pYMKirBiiTLTYuPjJlbLcTq4t8&e= |
| Standard Status | Active |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | Mercer |
| Legal Description | PT GOV LT 4 4A 21 41 3E DOC 137248 |
Interior Features
| Interior Amenities | Additional Living Quarters,Ceiling Fan(s),Cathedral Ceiling(s),High Ceilings,Main Level Primary,Vaulted Ceiling(s) |
|---|---|
| Basement | Partial |
| Flooring | Laminate,Wood |
| Furnished Y/N | Furnished Or Unfurnished |
| Fireplace Features | Multiple |
| Basement (Y/N) | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Above Grade Finished Area | 1756 |
| Laundry Features | Main Level |
| Total Bedrooms | 3 |
| Total Baths | 1 |
Exterior Features
| Exterior Amenities | Landscaping,Patio,Propane Tank - Owned,Propane Tank - Leased |
|---|---|
| Parking Features | No Garage |
| Lot Features | Cul-De-Sac,Dead End,Lake Front,Level,Private,Stream/Creek,Secluded,Wooded |
| Water Source | Drilled Well |
| Building Area Total | 2805 |
| Road Surface Type | Paved |
| Frontage Length | 391 |
| Frontage Type | Lakefront |
| Waterfront Y/N | true |
| Road Frontage Type | Town Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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This information, provided by seller, listing broker, and other parties, may not have been verified.
SCWMLS information is provided exclusively for consumers personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: September 23, 2026 8:31 AM UTC
Lake Superior Area of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2017 All rights reserved.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating