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$795,000

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2 Beds

2 Baths

3,656 SqFt

Active

5725 Wayland Springs Rd Iron City, TN 38463

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TriStar Elite Realty

tristarrealtytn@gmail.com +1(931) 548-2300

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,656 sqft

Price per Sqft $217

MLS Listing ID 3066653

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 2010

Annual Tax Amount $1,389

Lot Size 6.710 Acres

Acres 6.71

Property Sub-Type Single Family Residence

Property Description

An exceptional opportunity on Shoal Creek, a waterway renowned for kayaking and canoeing. This unique creekfront compound features four separate residences, offering the ideal setup for a multifamily retreat, private compound, or income-producing investment. The main residence is a well-appointed basement home with granite countertops, spacious living areas, and a primary suite featuring a Jacuzzi tub, double vanities and walk-in closets. A covered porch overlooking the creek provides a peaceful setting for everyday living, while the attached garage adds convenience. Three additional structures are currently operating as successful Airbnb rentals. The bunkhouse offers approximately 1,500 square feet of living space above a large workshop, providing flexible use for guests, extended family, or additional rental income. Two charming creekside cabins—Parker's Place and Mermaid Hideaway—overlook Shoal Creek and are thoughtfully designed for comfort and character. Each cabin features tankless water heaters and inviting interiors that capitalize on the serene waterfront setting. Each residence has its own septic system, and the property is equipped with high-speed internet throughout, making it suitable for full-time living, remote work, or short-term rentals. This is a rare chance to own a four-residence creekfront property in a highly desirable recreational setting—perfect for those seeking a private waterfront compound or a turnkey investment with proven income potential. Main house has 1536 sq.ft., bunkhouse 1500 sq.ft., Parker's Place 360 sq.ft., Mermaid Hideaway 260 sq.ft. TOTAL of 3656 Sq.Ft.

Location

State TN

County Lawrence County

Rooms

Main Level Bedrooms 2

Interior

Interior Features Ceiling Fan(s), In-Law Floorplan, Walk-In Closet(s), High Speed Internet

Heating Central, Electric, Other

Cooling Central Air, Electric, Other

Flooring Vinyl

Fireplace Y

Appliance Electric Oven, Electric Range, Dishwasher, Refrigerator, Stainless Steel Appliance(s)

Exterior

Garage Spaces 2.0

Pool Above Ground

Utilities Available Electricity Available, Water Available

View Y/N true

View Water

Roof Type Metal

Private Pool true

Building

Lot Description Private, Views

Sewer Septic Tank

Water Public

Structure Type Brick,Vinyl Siding,Wood Siding

New Construction false

Schools

Elementary Schools South Lawrence Elementary

Middle Schools South Lawrence Elementary

High Schools Loretto High School

Others

Senior Community false

Special Listing Condition Standard

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TriStar Elite Realty

Office Admin | License ID: 264166

+1(931) 548-2300

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5725 Wayland Springs Rd Iron City, TN 38463

TriStar Elite Realty

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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5725 Wayland Springs Rd