Cold Springs Homes under $500,000

Welcome to Cold Springs, a charming subdivision nestled in the heart of Tennessee, where modern living meets serene landscapes. Situated in a prime location, Cold Springs offers residents the perfect blend of tranquility and accessibility, making it an ideal place for families, professionals, and retirees alike.

As you explore this inviting community, you’ll find a variety of homes priced under $500,000, allowing you to enjoy the comforts of homeownership without breaking the bank. These thoughtfully designed residences feature spacious layouts, modern amenities, and beautiful outdoor spaces, perfect for entertaining or simply unwinding after a long day. Whether you’re searching for a cozy starter home or a larger property to accommodate a growing family, Cold Springs has something to suit every lifestyle.

The subdivision is surrounded by lush greenery and scenic views, providing residents with ample opportunities for outdoor activities. Enjoy leisurely strolls along the community’s walking trails, or take advantage of nearby parks for picnics and playdates. With a strong sense of community and friendly neighbors, Cold Springs is a place where you can truly feel at home.

Conveniently located just a short drive from shopping centers, restaurants, and top-rated schools, Cold Springs ensures that you’re never far from the essentials. Experience the best of suburban living in this delightful subdivision, where affordable homes and a welcoming atmosphere await. Come discover the charm of Cold Springs today – your dream home is waiting!

Newest Cold Springs Homes under $500,000

$185,000

5,724 SqFt. ⋅ 1358769 MLS ⋅ ACTIVE Status

CONTRACTOR SPECIAL - BLANK SLATE - PREVIOUSLY 4 UNITS - NOW DOWN TO THE STUDS Located at 2534 Parkview Avenue, this property presents an opportunity for investors, contractors, and experienced renovators looking to bring a multifamily property back to life. Currently stripped to the studs and left as a complete blank slate, the property was previously configured as a 4plex, with existing floorplans for four 2 Bedroom, 1 bathroom units. You can access the walk out basement from an interior back staircase that originally was used for garage parking and now offers the potential for a unique combination of living and storage space. Whether you're looking to restore the previous layout or explore new possibilities, this property offers a chance to customize the space to fit your investment strategy. Bring your vision, plans, and contractor to transform this shell into its next chapter! Please use caution when touring the property due to its current condition. Buyers are encouraged to exercise care while walking through the property and should verify the prior unit configuration, zoning, permitted use, and all renovation requirements with the appropriate local authorities.

2534 Parkview Ave, Knoxville

$499,900

1 Beds ⋅ 2 Baths ⋅ 1,316 SqFt. ⋅ 1343338 MLS ⋅ ACTIVE Status

New construction - sleeps 6 - large bonus room and extra room currently used as 2nd bedroom in basement. Home is currently on an overnight rental program. Discover mountain living at its finest in this beautifully designed and fully furnished home nestled in the prestigious gated community of Laurel Valley in Townsend, TN. This 1,316 sq. ft. residence blends modern comfort with rustic charm, offering the perfect getaway or full-time home in the heart of the Smoky Mountains. It is ready for you to move in and relax. Step inside to an inviting open-concept living room and kitchen, where 9-foot vaulted ceilings and abundant natural light create a spacious, airy feel. The living/dining area seamlessly flow to a private deck overlooking a serene, wooded backdrop, providing the perfect space to relax, entertain, or simply enjoy the peace of your surroundings. The main level features a beautifully appointed kitchen with stocked cabinets as well as a bedroom and a full bath with double vanities, ideal for guests or convenient single-level living. Downstairs, you'll find 9 ft ceilings creating an airy feel for an additional private room with closet and private deck with hot tub, as well as a spacious recreational room. This level is thoughtfully laid out with a large bath, perfect for overnight family or visitors. Every inch of this home is finished with high-end details, from custom cabinetry and premium countertops to elegant fixtures and upscale flooring, offering a level of sophistication that enhances the natural beauty surrounding you. Located within minutes of hiking, biking, and all the outdoor adventures of the Great Smoky Mountains National Park, this home combines the security and amenities of a gated community with the unmatched tranquility of mountain living. Whether you're searching for a primary residence or vacation home, this mountain retreat is a rare find in one of East Tennessee's most coveted locations. Optional membership to Laurel Valley's amenities includes a fitness center, pool, and golf course - everything you need to live the mountain lifestyle. Tax assessment is for land only. Furnishings are negotiable.

405 Laurel Trace Rd, Townsend

$429,000

1 Beds ⋅ 1 Baths ⋅ 896 SqFt. ⋅ 1342116 MLS ⋅ ACTIVE Status

Nestled in Laurel Valley. This one-bedroom home offers a bonus room that could be used as a flex room or office. Home offers a covered parking area and screened porch and situated in the beautiful Mountain golf community of Laurel Valley. Just 30 minutes from Pigeon Forge, and 50 minutes from Gatlinburg and Knoxville. The ''Peaceful Side of the Smokies'' is the experience at this home and in Townsend.

114 Fairway Circle, Townsend

$439,900

1 Beds ⋅ 2 Baths ⋅ 1,210 SqFt. ⋅ 3168892 MLS ⋅ ACTIVE Status

Welcome to your perfect mountain retreat in the heart of Townsend, known as the ''Peaceful Side of the Smokies.'' This beautifully renovated cabin offers the ideal blend of charm, comfort, and location just minutes from the Great Smoky Mountains National Park while tucked away from the crowds. The home features a thoughtfully designed layout with one bedroom on the main level and a spacious loft bedroom above, each with its own full bathroom. This setup provides both privacy and flexibility, making it perfect for personal use, hosting guests, or short-term rental. Inside, you'll love the open-concept kitchen and living space, designed for both functionality and connection. The tasteful renovations throughout give the home a fresh, elevated feel while still maintaining that cozy mountain character buyers are looking for. One of the standout features is the large wrap-around screened-in porch, perfect for enjoying morning coffee, relaxing evenings, or taking in the peaceful wooded surroundings without the hassle of bugs. Located within the desirable Laurel Valley community, you'll have access to incredible amenities including the Wild Laurel Golf Course, swimming pool, fitness facility, and an on-site tavern adding both lifestyle and value to the property. If you've been searching for a serene getaway with modern updates, strong rental potential, and access to top-tier amenities, all just a short drive to the Smoky Mountains, this property truly checks all the boxes.

516 Clearwater Cir, Townsend

$439,900

1 Beds ⋅ 2 Baths ⋅ 1,210 SqFt. ⋅ 1335595 MLS ⋅ ACTIVE Status

516 Clearwater Circle, Townsend

Start Your Search

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 .

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.

Cold Springs Homes under $500,000

Newest Cold Springs Homes under $500,000

How much is your home worth?

How much is your home worth?