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5725 Wayland Springs Rd, Iron City, TN, 38463

2beds
2baths
3,656sqft
$695,000
$190price/sqft
$5,347/moest. monthly cost
$213,880/yrincome needed

About This Home

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.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

5/10
Loretto High SchoolGrades 9-126.7 mi
5/10
Leoma Elementary SchoolGrades PK-814.2 mi

Construction

Condition

  • Year built: 2010

Materials

  • Roof: Metal
  • Construction materials: Brick,Vinyl Siding,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Electric Oven,Electric Range,Dishwasher,Refrigerator,Stainless Steel Appliance(s)
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Finished,Full

Bedroom1

  • Features: Walk-In Closet(s)
  • Level: Walk-In Closet(s)

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Features: Separate
  • Level: Separate

Features

  • Ceiling Fan(s),In-Law Floorplan,Walk-In Closet(s),High Speed Internet
  • Flooring: Vinyl
  • Finished area above ground: 3,656

Heating & Cooling

  • Heating features: Central,Electric,Other
  • Cooling features: Central Air,Electric,Other

Interior Area

  • Total structure area: 3,656
  • Total interior livable area: 3,656 sqft

Living Room

  • Features: Great Room
  • Level: Great Room

Master Bathroom

  • Features: Suite
  • Level: Suite

Property

Details

  • Parcel number: 155 02204 000
  • Special condition: Standard

Features

  • Levels: One
  • Private pool: Yes
  • Pool features: Above Ground
  • Patio & porch: Porch,Covered,Deck
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • Waterfront features: Creek
  • Topography of land: Private,Views

Lot

  • Lot size: 6.71 Acres
  • Features: Private,Views

Parking

  • Total spaces: 10
  • Parking features: Garage Door Opener,Attached,Gravel
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 4
  • Has uncovered spaces: Yes
  • Uncovered spaces: 6
  • Carport: Yes
  • Carport spaces: 2