Cosby Homes under $500,000

Cosby Homes under $500,000

Welcome to Cosby, Tennessee – a hidden gem nestled in the heart of the Smoky Mountains! Known for its breathtaking natural beauty and serene atmosphere, Cosby offers a unique blend of rural charm and modern conveniences. With its proximity to the Great Smoky Mountains National Park, outdoor enthusiasts will find endless opportunities for hiking, fishing, and exploring the scenic landscapes that surround this quaint community.

Cosby boasts a tight-knit community where neighbors become friends and local businesses thrive. The area is characterized by its warm hospitality, making it an ideal place for families, retirees, and anyone seeking a peaceful retreat from the hustle and bustle of city life. With a rich history and a vibrant culture, there's always something to discover in this picturesque town.

For those looking to invest in real estate, Cosby presents an incredible opportunity with homes available for under $500,000. Whether you’re in search of a cozy cabin with mountain views or a charming cottage surrounded by lush greenery, you’ll find a variety of options that suit your lifestyle and budget. These affordable homes provide the perfect canvas to create your dream residence or a lucrative vacation rental, capitalizing on the area's growing popularity among tourists.

In Cosby, you can enjoy the tranquility of mountain living without sacrificing convenience. With easy access to nearby attractions like Gatlinburg and Pigeon Forge, you can experience the best of both worlds: the peace of nature and the excitement of local entertainment. Discover your slice of paradise in Cosby, where affordable homes and natural beauty await!

Newest Cosby Homes under $500,000

4221 Lindsey Gap Rd, Cosby
$199,900
3 Beds ⋅ 2 Baths ⋅ 1,550 SqFt. ⋅ 3631459 MLS ⋅ ACTIVE Status
Escape to the peaceful beauty of East Tennessee with this spacious home situated on a scenic 0.57-acre lot in Cosby. Offering a comfortable single-level living, this home features 4 bedrooms and 2 full bathrooms, providing a versatile layout with plenty of room to spread out. Take in tranquil views from the outdoor porch while enjoying the privacy of country living with easy access via a paved road. Located just minutes from the Great Smoky Mountains, local outdoor adventures, Gatlinburg, and Pigeon Forge, this property offers quiet rural charm while staying convenient to area amenities.

4221 Lindsey Gap Rd, Cosby
240 Greasy Cove Rd, Cosby
$369,000
3 Beds ⋅ 2 Baths ⋅ 1,398 SqFt. ⋅ 3629790 MLS ⋅ ACTIVE Status
3 BR/1.5BA, 1398 square foot all brick basement ranch on 4.98 acres in Cosby, Tn.. Stunning close mountain views of The Smoky Mountain National Park & Foothills Parkway! Home offers cozy wood burning brick fireplace in living room, basement flue for additional stove, spacious decking & numerous updates: New whole house PEX plumbing (2024), All new septic system (2023), new 50-gallon hot water heater (2024), new metal roof (2018), new HVAC system (2016), new bath vanities (2022), new luxury vinyl plank flooring & carpet (2021), new double pane tilt windows & exterior doors (2017), new dishwasher (2025), new double oven (2022). Two laundry areas add convenience, and the property includes both public water and a private well, ideal for gardening. Fiber optic internet. 10 x 20 tiny home (2023) (insulated, wired for electrical, no plumbing, ready for your own finishing touches). Great for future overnight rentals, guest home or he/she shed! Homesteaders dream property with plenty of room for expansion. Enjoy the established fruit & berry trees surrounding the home: Pear trees, Apple trees, Peach trees, Mulberry & Adams Elderberry trees, Blackberrys, Raspberries, gooseberries, strawberries & Goji berry plants are all available on this peaceful country property. Property boundaries are marked with cleared trails through the woods. Property offers chicken coop, poultry fencing and designated fenced area for sheep/goats. No HOA or fee’s & No city taxes! Very convenient to I-40 & all amenities, just minutes from Douglas Lake, Great Smoky Mtn National Park. Close proximity to Newport, Gatlinburg, Pigeon Forge, Sevierville, Dandridge, Morristown & Greeneville. Centrally located between Knoxville, Asheville & Tri Cities. Experience Tennessee’s outdoor recreation, natural beauty, and Southern hospitality in a home designed for comfort, space, and scenic living. Drone photos used in listing.

240 Greasy Cove Rd, Cosby
240 Greasy Cove Rd, Cosby
$369,000
3 Beds ⋅ 2 Baths ⋅ 1,398 SqFt. ⋅ 1360632 MLS ⋅ ACTIVE Status
3 BR/1.5BA, 1398 square foot all brick basement ranch on 4.98 acres in Cosby, Tn.. Stunning close mountain views of The Smoky Mountain National Park & Foothills Parkway! Home offers cozy wood burning brick fireplace in living room, basement flue for additional stove, spacious decking & numerous updates: New whole house PEX plumbing (2024), All new septic system (2023), new 50-gallon hot water heater (2024), new metal roof (2018), new HVAC system (2016), new bath vanities (2022), new luxury vinyl plank flooring & carpet (2021), new double pane tilt windows & exterior doors (2017), new dishwasher (2025), new double oven (2022). Two laundry areas add convenience, and the property includes both public water and a private well, ideal for gardening. Fiber optic internet. 10 x 20 tiny home (2023) (insulated, wired for electrical, no plumbing, ready for your own finishing touches). Great for future overnight rentals, guest home or he/she shed! Homesteaders dream property with plenty of room for expansion. Enjoy the established fruit & berry trees surrounding the home: Pear trees, Apple trees, Peach trees, Mulberry & Adams Elderberry trees, Blackberrys, Raspberries, gooseberries, strawberries & Goji berry plants are all available on this peaceful country property. Property boundaries are marked with cleared trails through the woods. Property offers chicken coop, poultry fencing and designated fenced area for sheep/goats. No HOA or fee's & No city taxes! Very convenient to I-40 & all amenities, just minutes from Douglas Lake, Great Smoky Mtn National Park. Close proximity to Newport, Gatlinburg, Pigeon Forge, Sevierville, Dandridge, Morristown & Greeneville. Centrally located between Knoxville, Asheville & Tri Cities. Experience Tennessee's outdoor recreation, natural beauty, and Southern hospitality in a home designed for comfort, space, and scenic living. Drone photos used in listing.

240 Greasy Cove Rd, Cosby
919 Serenity Cir Unit 136&137, Cosby
$99,900
1 Beds ⋅ 1 Baths ⋅ 3628112 MLS ⋅ ACTIVE Status
Your Mountain Treehouse Getaway Awaits! The opportunity you've been dreaming of has finally arrived at 919 Serenity Circle, nestled in the peaceful Edge of the Smokies community in Cosby, TN. Surrounded by woods and thoughtfully designed for comfort and ease, this beautifully maintained, move-in-ready property allows you to simply bring your clothes and start enjoying mountain life from day one. Every detail has already been handled--just move in and relax. At the heart of the property is a well-kept 2012 Keystone Outback 277RL camper, purchased new and maintained in excellent condition. A massive custom-built covered deck has been expertly constructed around the camper, complete with a full roof for year-round protection. (The camper can be removed with minor disassembly if desired.) Property Highlights: Comfortable main living space featuring 1 bedroom and 1 full bath with upgraded full-size toilet on direct septic Dinette converts into a full-size bed for additional sleeping space Functional kitchen with refrigerator and gas stove Expansive private deck surrounded by trees, featuring an outdoor kitchen and cozy wood stove, perfect for morning coffee, wildlife watching, or relaxing evenings Includes Lots 136 and 137, offering exceptional space and flexibility Among the largest lots in the community (approximately 35 feet by 110 feet each) Ample parking plus a large wired storage building with washer and dryer Additional wood storage shed No buildable lots on either side, ensuring privacy. Community Features: Inground swimming pool, Clubhouse and community center, Scenic walking trails Two bathhouses (one open year-round) Playground for kids or grandkids Pet- and golf cart-friendly community with easy, no-steep-road access Water, sewer (community septic), and road maintenance included in low HOA fees. Ideally located on the quiet side of the Smokies, you're just 15 to 20 minutes from Gatlinburg, Pigeon Forge, and the interstate, close enough for dining, s

919 Serenity Cir Unit 136&137, Cosby
5355 Pkwy Unit 69, Cosby
$95,000
1 Beds ⋅ 1 Baths ⋅ 288 SqFt. ⋅ 3627563 MLS ⋅ ACTIVE Status
Looking for that inexpensive place in the Smokies, you found it. A 2020 Forest River Aurora in a gated community in Gatlinburg. The community has a large round rec center, swimming pool, shuffleboard, horseshoes, playground, tennis court and patio area. HOA covers high speed Internet, cable TV, water, sewer, trash and lawn care. 10-15mins to Gatlinburg/ 20-25mins to Pigeon Forge. Restrictions say no rentals whatsoever. Monthly Dues cover Water, Sewer, Basic Cable, Internet and Lawn Service. Note: This is not a Park Model, it is a travel trailer that can be moved and used to travel or just remain in place.

5355 Pkwy Unit 69, Cosby
3391 Laurelwood Rd, Cosby
$295,000
1 Beds ⋅ 1 Baths ⋅ 576 SqFt. ⋅ 3627566 MLS ⋅ ACTIVE Status
Escape to tranquility in this stunning cabin nestled in the heart of quaint Cosby, TN. With no rental restrictions, this versatile gem offers an exceptional investment opportunity or a perfect personal retreat. The cabin's charming exterior blends seamlessly with its natural surroundings, providing the perfect rustic ambiance just minutes from the magnificent Great Smoky Mountains National Park. Inside, you'll find an inviting open-concept layout that exudes warmth and comfort. Gleaming hardwood floors run throughout the living area, The well-appointed kitchen features modern appliances and ample counter space--perfect for preparing meals after a day of exploring. The spacious bedroom offer tranquil sanctuaries filled with natural light and serene views of the surrounding woodlands. Outside, a large deck beckons you to sit back, relax, and breathe in fresh mountain air while soaking up breathtaking vistas. Whether you're seeking adventure or peace, this property delivers it all amidst an idyllic setting in Cosby--a true gateway to nature's wonders and quiet repose! OPEN HOUSE: JUNE 19, 2026 2-6 pm

3391 Laurelwood Rd, Cosby
2468 Hartford Rd, Cosby
$99,000
2 Beds ⋅ 1 Baths ⋅ 1,125 SqFt. ⋅ 1360103 MLS ⋅ ACTIVE Status
Looking for your next investment or a home you can make your own? This cute 2-bedroom, 1-bath home in Cosby, TN, offers a great opportunity for investors or end buyers ready to roll up their sleeves and add their personal touches. With updates needed, this property is a chance to bring your vision to life and build equity along the way. Whether you're looking for your next project or a place to call home, don't miss this opportunity to make it your own at a great value!

2468 Hartford Rd, Cosby
3059 Bogard Rd, Cosby
$215,000
3 Beds ⋅ 1 Baths ⋅ 1,600 SqFt. ⋅ 3624064 MLS ⋅ ACTIVE Status

3059 Bogard Rd, Cosby
457 Lunsford Way, Cosby
$249,000
2 Beds ⋅ 2 Baths ⋅ 2,112 SqFt. ⋅ 3623867 MLS ⋅ ACTIVE Status
REMARKABLE HOME NESTLED IN THE HEART OF THE GREAT SMOKY MOUNTAINS! This charming 2-bedroom, 1.5-bath home offers the perfect blend of privacy and peaceful mountain living. Tucked away among the trees, the property features a beautiful yard surrounded by nature and plenty of privacy. The full unfinished basement provides tons of potential for additional living space, storage, a workshop, or whatever your needs may be, and the 2-car garage adds even more convenience. If you're looking for a peaceful place to call home where you can enjoy the beauty of nature and plenty of wildlife right outside your door, this one is a must-see! Let us help you turn this house into your HOME!

457 Lunsford Way, Cosby
4889 Wakeman Way, Cosby
$299,000
2 Beds ⋅ 2 Baths ⋅ 1,882 SqFt. ⋅ 3622883 MLS ⋅ ACTIVE Status
Privacy, acreage, and opportunity! Tucked away on 2.67 acres on the Sevier County side of Cosby, this 2-bedroom, 2-bath home with an additional bonus room offers a fantastic opportunity for someone with vision. Enjoy a peaceful, private setting with plenty of level ground surrounding the home, providing space for expansion, outdoor living, or a variety of uses. Nice size sheds for storage on property and with some selective clearing, beautiful mountain views may be revealed. Being sold as-is, this property is ready for someone to bring their ideas and make it their own. With acreage, privacy, and a great price, this is an opportunity you won’t want to miss!

4889 Wakeman Way, Cosby
4221 Lindsey Gap Rd, Cosby
$199,999
4 Beds ⋅ 2 Baths ⋅ 1,550 SqFt. ⋅ 1359340 MLS ⋅ ACTIVE Status
Escape to the peaceful beauty of East Tennessee with this spacious home situated on a scenic 0.57-acre lot in Cosby. Offering a comfortable single-level living, this home features 4 bedrooms and 2 full bathrooms, providing a versatile layout with plenty of room to spread out. Take in tranquil views from the outdoor porch while enjoying the privacy of country living with easy access via a paved road. Located just minutes from the Great Smoky Mountains, local outdoor adventures, Gatlinburg, and Pigeon Forge, this property offers quiet rural charm while staying convenient to area amenities.

4221 Lindsey Gap Rd, Cosby
3505 Rocky Ridge Rd, Cosby
$499,900
3 Beds ⋅ 4 Baths ⋅ 2,224 SqFt. ⋅ 3622127 MLS ⋅ ACTIVE Status
Welcome to your new mountain retreat cabin. 5 BEDROOMS but, 3 BEDROOM SEPTIC. Extensively updated. New real hardwood floors on main level, new HVAC, new granite tops in kitchen and half bath, all new primary bath, new carpet(coming soon) in upper bedrooms, new LVP in two basement rooms with closets and windows, fully renovated guest baths in upper level and basement, new appliances, and more. Perfect wrap around deck with multiple covered areas making enjoying the setting easy. Upper and lower drive ways. This is a must see! owner/agent

3505 Rocky Ridge Rd, Cosby
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Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

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