5500 Roan Creek Road
Mountain City, TN, 37683 $ 789,000
Baths2.0 Sq 8,824 Monthly Estimate*
$ 4,922
Studio 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 & 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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FeaturesGeneralHeating Electric Forced Air
Cooling See Remarks
Roof Metal
Zoning N/A
Architectural Style Other See Remarks
Construction Materials Brick Other
Year Built 1954
View Mountain(s)
Topography Level
Property Subtype Single Family Residence
County Johnson
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Other Structures Outbuilding
Total Rooms 10
Full Baths 2
Status Active
Directions From Highway 421 and Highway 167 take 167 5.3 miles see sign on right.
High School Johnson Co
City Mountain City
MLS Area 316 - Mtn. City/Johnson County
Lot Size Units Acres
Lot Size Square Feet 195148.8
Carport Y/N N
Elementary School Roan Creek
Land Lease Y/N N
Home Warranty Y/N N
Current Financing Conventional
Middle/Junior High School Johnson Co
Property Condition Above Average
Lease Renewal Y/N N
MLS Area Minor 316 - Mtn. City/Johnson County
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Mixed Use
Standard Status Active
Conventional True
Cash True
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ExteriorParking Features Asphalt
Water Source Well
Lot Size Area 4.48
Foundation Details Other
Spa N
Building Area Total 12824.0
Lot Dimensions 701x309x360x100x240x248
Lot Size Acres 4.48
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorHeating Y/N Y
Total Bedrooms 0
Total Baths 2
Attic Floored True
Attic Walk Up True
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* Excluded FeaturesList ByJessica AutenListing Agent
Premier Sotheby's North CarolinaBroker
jessica.auten@premiersir.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,922
- Monthly Property Taxes
- $241
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbySingle family listings in Mountain City, TN
Average List Price $473,690
Percent of Sale Price 40%
About Mountain City, TN 12,863 Population
5% Since 2002
$ 29,816 Median Income
43.13 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
856976 Elementary School
856980 Middle School
Johnson Co High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/20/2025 | $789,000 | -9.83% | Price Down |
| 7/22/2025 | $875,000 | -2.78% | Price Down |
| 6/3/2025 | $900,000 | | Listed Price |