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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

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

452.47

Price / sqft

2010

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

Square Feet
  • 1536

Bedrooms
  • N/A

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Yes

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Hardwood

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 165528

Water
  • Yes

Sewer
  • No

Parking
  • Type:

    Mixed

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    5

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Siding (not Specified)

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • 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

percent-home-icon

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

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
695,000
$
Down payment
139,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
4,170
$
HOA (Monthly)
0
$
PMI
0
$
$4,499
Your Payment
Total Monthly Payment:$4,499
Percent of Income:77%
Affordable:No

Details for 5725 WAYLAND SPRINGS RD

Property Debt

Foreclosure Contact Details