5500 Roan Creek Rd Mountain City, TN 37683
Estimated payment $5,087/month
Total Views
17,082
--
Bed
2
Baths
8,824
Sq Ft
$99
Price per Sq Ft
Highlights
- Very Popular Property
- Traditional Architecture
- No HOA
- Mountain View
- Attic
- Multiple cooling system units
About This Home
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.
Listing Agent
Premier Sotheby's International Realty- Banner Elk Brokerage Phone: 828-406-2937 Listed on: 06/02/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,887
Year Built
- Built in 1954
Lot Details
- 4.48 Acre Lot
Parking
- 1 Car Garage
- Private Parking
- Driveway
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Wood Frame Construction
- Metal Roof
Interior Spaces
- 2 Full Bathrooms
- 2-Story Property
- Mountain Views
- Attic
- Unfinished Basement
Outdoor Features
- Shed
- Outbuilding
Schools
- Tn Elementary School
Utilities
- Multiple cooling system units
- Forced Air Heating System
- Well
- Electric Water Heater
- Private Sewer
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Long Term Rental Allowed
- Assessor Parcel Number 068-009.00
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,887 | $130,640 | $13,120 | $117,520 |
| 2023 | $2,887 | $130,640 | $13,120 | $117,520 |
| 2022 | $2,365 | $130,640 | $13,120 | $117,520 |
| 2021 | $2,365 | $130,640 | $13,120 | $117,520 |
| 2020 | $2,316 | $130,640 | $13,120 | $117,520 |
| 2019 | $1,069 | $112,960 | $17,240 | $95,720 |
| 2018 | $1,069 | $52,150 | $10,775 | $41,375 |
| 2017 | $1,069 | $52,150 | $10,775 | $41,375 |
| 2016 | $1,069 | $52,150 | $10,775 | $41,375 |
| 2015 | $944 | $52,150 | $10,775 | $41,375 |
| 2014 | $934 | $51,625 | $10,800 | $40,825 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Price Changed | $875,000 | -2.8% | $99 / Sq Ft |
| 06/03/2025 06/03/25 | For Sale | $900,000 | +260.0% | $102 / Sq Ft |
| 08/08/2019 08/08/19 | Sold | $250,000 | -12.3% | $26 / Sq Ft |
| 06/12/2019 06/12/19 | Pending | -- | -- | -- |
| 11/09/2018 11/09/18 | For Sale | $285,000 | -- | $30 / Sq Ft |
Source: High Country Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $5,000 | Walker & Wright | |
| Deed | $250,000 | None Available | |
| Deed | $138,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $520,000 | Commercial | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $200,000 | Commercial |
Source: Public Records
About the Listing Agent
Originally from Waxhaw, North Carolina, Jessica Auten first fell in love
with the High Country during her time as an undergraduate student
at Appalachian State University. After earning her Master of Business
Administration in hospitality and tourism management, Jessica stayed
in Boone and ultimately decided she wanted to raise her family in this
very special place. As a broker associate with the Banner Elk office of
Premier Sotheby’s International Realty, Jessica enjoys
Jessica's Other Listings
Source: High Country Association of REALTORS®
MLS Number: 255921
APN: 068-009.00
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