5500 Roan Creek Mountain City, TN $ 789,000
5500 Roan Creek
$ 789,000
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5500 Roan Creek

Mountain City, TN, 37683
$ 789,000
Baths2.0 Sq 8,824

Monthly Estimate*

$ 4,858

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Studio

Single Family Home for sale in Mountain City, TN

for $789,000 with 2 full baths. This 8,824 square foot home was built in 1954 on a lot size of 4.48.

Positioned in a scenic, unrestricted-use area, this historic schoolhouse has been thoughtfully reimagined into a high-performing mixed-use commercial property with expansive mountain views. Blending timeless character with functional adaptability, this distinctive offering is ideal for investors, business owners, and developers seeking a versatile asset with multiple income streams and strong infrastructure. The lower level houses three active businesses, a professional CrossFit gym, a construction company office, and a modern barbershop. Each operates within a dedicated space, supported by shared amenities and ample on-site parking. Extensive updates include new paint, a new front door, new garage door and a freshly paved blacktop surface, reinforcing the property’s curb appeal and readiness for occupancy. Most plumbing and electrical systems have been upgraded, new HVAC systems have been installed, and the well pump was replaced just three years ago, all enhancing long-term value and operational efficiency. The upper level is partially finished and fully framed, ready to accommodate a variety of uses, from loft-style residential space to co-working suites, creative studios or additional commercial offices. With no zoning restrictions, the configuration is entirely up to the owner’s vision. Adding even more flexibility, the property features a level, buildable front parcel suitable for outdoor events, recreational use or future development. This open green space significantly increases functionality and appeal. Black metal warehouse does not convey at this price but is negotiable. Owner is in the process of having the warehouse and small parcel removed from original survey but buyers have the option to purchase. With a blend of income potential, creative possibilities and modern upgrades, this one-of-a-kind property presents a compelling opportunity in a scenic and high-demand mountain setting.

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Single Family Active

Price

$ 789,000

Bedrooms

Studio

Full Bath

2

Property Type

Single Family

Taxes

$ 2,887

Style

Lot Size

4.48

Year Built

1954

Town/City

Mountain City

County/Region

Johnson

MLS | Web ID

255921

Features
Interior
Interior Amenities Attic None
Basement Unfinished
Fireplace Features None
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 8824.0
Half Baths 0
Total Bedrooms 0
Below Grade Finished Area 0.0
Total Baths 2
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General
Sewer PrivateSewer SepticPermitUnavailable
Heating Electric ForcedAir
Cooling Electric ThreeOrMoreUnits
Utilities HighSpeedInternetAvailable
Roof Metal
Appliances ElectricWaterHeater
Garage Spaces 1.0
Architectural Style Traditional
Construction Materials Brick WoodFrame
Year Built 1954
View Mountains
Stories Count 2
Levels Two
Property Subtype SingleFamilyResidence
Community Features LongTermRentalAllowed ShortTermRentalAllowed
County Johnson
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N Y
Other Structures Outbuilding Sheds
Full Baths 2
Status Active
High School Out of Area
City Mountain City
Senior Community Y/N N
MLS Area 24-TN
Lot Size Units Acres
Carport Y/N N
Elementary School TN
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2887.14
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Property Sub Type Additional SingleFamilyResidence
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Exterior
Exterior Amenities OutBuildings Storage PavedDriveway
Parking Features Driveway Garage OneCarGarage Paved Private
Water Source Well
Lot Size Area 4.48
Foundation Details Basement
Spa N
Building Area Total 12824.0
Lot Size Acres 4.48
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5500
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* Excluded Features
List By
Premier Sotheby's International Realty- Banner Elk

Broker

828-406-2937

Contact

Affordability Calculator

$5,099
Per Month
95%
5%
0%
Monthly Principal & Interest
$4,858
Monthly Property Taxes
$241
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4062191 Elementary School
4770002 Middle School
Out of Area High School High School
Pricing History
DatePricePrice ChangeDescription
8/20/2025$789,000 -9.83% Price Down
8/13/2025$875,000 Listed Price

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5500 Roan Creek, Mountain City, TN, 37683 is a Single Family Home for sale at $789,000 with 8,824 sqft and a lot size of 4.48. 5500 Roan Creek is a studio with 2.0 baths and was built in 1954. The property's zip code is 37683 which is in Mountain City, TN