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$795,000 - 5725 Wayland Springs Rd, Iron City

2
Bedrooms
2
Baths
3,656
SQ. Feet
6.71
Acres

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.

Essential Information

  • MLS® #:
    3066653
  • Price:
    $795,000
  • Bedrooms:
    2
  • Bathrooms:
    2.00
  • Full Baths:
    2
  • Square Footage:
    3,656
  • Acres:
    6.71
  • Year Built:
    2010
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Style:
    Other
  • Status:
    Active

Community Information

  • Address:
    5725 Wayland Springs Rd
  • Subdivision:
    n/a
  • City:
    Iron City
  • County:
    Lawrence County, TN
  • State:
    TN
  • Zip Code:
    38463

Amenities

  • Utilities:
    Electricity Available, Water Available
  • Parking Spaces:
    10
  • # of Garages:
    2
  • Garages:
    Garage Door Opener, Attached, Gravel
  • View:
    Water
  • Has Pool:
    Yes
  • Pool:
    Above Ground

Interior

  • Interior Features:
    Ceiling Fan(s), In-Law Floorplan, Walk-In Closet(s), High Speed Internet
  • Appliances:
    Electric Oven, Electric Range, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Heating:
    Central, Electric, Other
  • Cooling:
    Central Air, Electric, Other

Exterior

  • Lot Description:
    Private, Views
  • Roof:
    Metal
  • Construction:
    Brick, Vinyl Siding, Wood Siding

School Information

  • Elementary:
    South Lawrence Elementary
  • Middle:
    South Lawrence Elementary
  • High:
    Loretto High School

Additional Information

  • Date Listed:
    December 18th, 2025
  • Days on Market:
    2

Listing Details

  • Listing Office:
    Coldwell Banker Southern Realty

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Listing information last updated on December 21st, 2025 at 12:08pm CST.