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$695,000
Listing Price--beds
2baths
1,536sqft
165,528sqft lot
5725 Wayland Springs Rd, Iron City, TN 38463
Member Features
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Full foreclosure details
Home value, equity and ownership info
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Get full access with a FREE Account
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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-Parkers 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 ho
Interior Details
1536
N/A
2
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
Hardwood
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
165528
Yes
No
Type:
Mixed
Location:
N/A
Status:
N/A
Number of Spaces:
5
No
No
No
No
No
No
No
Construction Details
N/A
Siding (not Specified)
N/A
Gable/hip
Metal
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$1,029
$0
$0
--%
$34,775
2019
$1,029
$0
$0
--%
$34,775
2017
$1,029
$0
$0
--%
$34,775
2016
$1,029
$0
$0
--%
$34,775
2016
$1,029
$0
$0
--%
$34,775
2013
$915
$0
$0
--%
$33,425
2013
$915
$0
$0
--%
$33,425
2011
$915
$0
$0
--%
$33,425
Average Home Price in 38463
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$695,000
-- Beds
2 Baths
1,536 Sqft
165,528 Lot (sqft)
Sold 10/06/2026




