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Residential Land with Home for Sale in Iron City, Tennessee

5725 Wayland Springs Rd, Iron City, TN 38463

$795,000
6.7 acres
Active
ago
Est $4,011/mo

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.

3,656
Sq feet
2
Beds
2
Full baths
2010
Built

Location

Street address
5725 Wayland Springs Rd
Elevation
568 feet
Coordinates
35.0568, -87.5688

Directions

From Hwy 43 in Lawrenceburg, turn west onto West Gaines St. Turn left at the light onto West Point Rd (TN242). Travel approximately 20 miles. Property will be on the left.

Property details

Acreage
6.71 acres
MLS #
REALTRACS 3066653
Posted

Property taxes

Recent
$1,389

Parcels

  • 155 02204 000

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Possession
Close of Escrow

Lot

Terrain
Private, Views
View
Water
Waterfront
Creek
Features
Private, Views

Exterior

Parking Spaces
10
Parking
Attached, Garage Door Opener, Gravel
Garage Spaces
2
Covered Spaces
4
Pool
Above Ground
Outdoor Spaces
Covered, Deck, Porch
Structures
Guest House, Storage

Structure

Levels
One
Basement
Exterior Entry, Finished, Full
Water
Public
Sewer
Septic Tank
Heating
Central, Electric
Cooling
Central Air
Materials
Brick, Vinyl Siding, Wood Siding
Roof
Metal

Interior

Rooms
Bedroom, Dining Room, Living Room, Master Bathroom
Flooring
Vinyl
Appliances
Dishwasher, Electric Oven, Electric Range, Refrigerator, Stainless Steel Appliance(s)
Laundry
Electric Dryer Hookup, Washer Hookup
Security
Smoke Detector(s)
Features
Ceiling Fan(s), High Speed Internet, In-Law Floorplan, Walk-In Closet(s)

Property utilities

CategoryTypeStatusDescription
PowerGridAvailable
WaterPublicAvailable
SewageSeptic SystemConnected

Nearby schools

NameLevelDistrictDescription
South Lawrence ElementaryElementary
South Lawrence ElementaryMiddle
Loretto High SchoolHigh

Listing history

DateEventPriceChangeSource
Dec 18, 2025New listing$795,000REALTRACS
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This 6.71-acre property is located at 5725 Wayland Springs Rd in Iron City, TN 38463. The property is available for sale for $795,000. It has a 3,656 sq ft 2 bedroom, 2 bath house built in 2010.

Checked 7 hours ago — Updated

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Realtracs

Based on information submitted to the MLS GRID as of Dec 19, 2025 4:00 am MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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