No Homes under $500,000

Welcome to your dream destination in the heart of Tennessee! Nestled in a picturesque region of the US, this community offers an inviting atmosphere and a vibrant lifestyle, all without breaking the bank. If you're looking for affordable homes under $500,000, you’ve come to the right place.

This charming subdivision boasts a mix of modern amenities and classic Southern charm, making it a perfect choice for families, young professionals, and retirees alike. With a variety of homes available, you can find everything from cozy single-family residences to spacious townhouses, all designed to fit your needs and budget.

Imagine waking up in a beautiful home surrounded by lush greenery and friendly neighbors. The well-planned layout of this community ensures that you have access to parks, walking trails, and recreational facilities, promoting an active and healthy lifestyle. Plus, with local shops, restaurants, and schools just a stone's throw away, convenience is at your fingertips.

The real estate market in this area is thriving, with homes priced under $500,000 offering incredible value. Whether you're a first-time buyer or looking to invest, you’ll find a diverse selection of properties that cater to various tastes and preferences.

Don’t miss out on the chance to discover your perfect home in this delightful Tennessee subdivision. With its affordable options and vibrant community spirit, you’re sure to find a place that you’ll love for years to come. Start your journey today and embrace the warmth and charm of this wonderful region!

Newest No Homes under $500,000

$244,900

3 Beds ⋅ 2 Baths ⋅ 1,288 SqFt. ⋅ 3623420 MLS ⋅ ACTIVE Status

DANDRIDGE, TN HOME FOR SALE | NEAR DOUGLAS LAKE | BUILT IN 2019 | APPROX. ½ ACRE | USDA, FHA & VA FINANCING! Looking for an affordable, move-in ready home near Douglas Lake in beautiful East Tennessee? Welcome to 1342 High Street in historic Dandridge, Tennessee! Built in 2019, this well-maintained home offers 1,288 square feet of comfortable living space, situated on approximately half an acre with beautifully landscaped grounds and plenty of room to enjoy the outdoors. LOCATION, LOCATION, LOCATION! Just approximately half a mile from Douglas Lake, this property puts you close to boating, fishing, kayaking, and outdoor recreation while offering convenient access to historic downtown Dandridge, local restaurants, shopping, and everyday amenities. Enjoy the charm of small-town Tennessee living with the beauty of the Smoky Mountains and Douglas Lake nearby! Need extra storage? You'll love the TWO outdoor storage buildings, including an 8x12 shed and a spacious 10x16 shed featuring double lofts, perfect for tools, lawn equipment, hobbies, or seasonal storage. Additional highlights include a roof replaced in 2021, washer and dryer included, attractive landscaping, and a convenient Jefferson County location. FINANCING OPTIONS! This home qualifies for USDA, FHA, VA, and conventional financing, offering opportunities for qualified buyers, including potential ZERO DOWN PAYMENT financing! Ask about available no-down-payment loan programs. Whether you're searching for your first home, downsizing, relocating to East Tennessee, or simply wanting a newer manufactured home near Douglas Lake, this Dandridge property offers an excellent combination of location, outdoor space, storage, and affordability. Don't miss your opportunity to own a home near Douglas Lake in Dandridge, TN. Schedule your private showing today!

1342 High St, Dandridge

$242,500

4 Beds ⋅ 2 Baths ⋅ 2,016 SqFt. ⋅ 3622262 MLS ⋅ ACTIVE Status

Welcome home to this beautifully remodeled 4-bedroom, 2- bath home offering over 2,000 sf of spacious living! Completely transformed from top to bottom, this home offers the feel of new construction with an extensive list of updates throughout. Step inside to discover all-new stainless-steel appliances, flooring, walls, interior doors, cabinetry, countertops, and modern light fixtures. Enjoy peace of mind with a brand-new water heater and HVAC system, including all-new ductwork and plumbing. This spacious floor plan provides plenty of room for comfortable everyday living, entertaining, and making lasting memories

248 Watermill Rd, Flintville

$439,900

4 Beds ⋅ 2 Baths ⋅ 2,104 SqFt. ⋅ 3621203 MLS ⋅ ACTIVE Status

This is the 4 BD, 2 BA home you’ve been looking for! Situated on 2.43 peaceful acres in a highly desirable location, this well-maintained home features a beautiful yard and landscaping. Just minutes from Waverly and its quaint Main Street, you’ll enjoy easy access to restaurants, antique shopping, and more. Inside, you’ll find very convenient lay-out with SPACIOUS ROOMS and MODERN UPDATES throughout. The kitchen features stainless steel appliances, brand-new granite countertops, a pantry, and tons of cabinet space. Completely remodeled utiltiy room!! . Enjoy peace of mind with a BRAND NEW ROOF and a GENORAC GENERATOR for power outages. Master suite with tile shower and bath and large walk-in closet! Step out from the kitchen/dining area onto a private back patio overlooking the backyard and garden. The property also includes a 36 x 56 SHOP with concrete floors and 220-amp service. UNRESTRICTED acreage in a highly desirable location is hard to find! This property truly checks all the boxes!

359 Ogden Rd, Waverly

$229,000

3 Beds ⋅ 1 Baths ⋅ 1,408 SqFt. ⋅ 3620867 MLS ⋅ ACTIVE Status

Charming One-Level Full Brick Home on 1 Acre in Englewood! Enjoy peaceful country living in a great location with this inviting 1,408 +/- square foot home situated on a beautiful, level 1 +/- acre lot! This home offers a comfortable, functional floor plan with a cozy cottage feel and tons of potential. One of the standout features is the two separate carports, offering endless possibilities! Easily convert them into enclosed garages, create additional outdoor living spaces, or use them as covered areas for relaxing and entertaining family and friends. With its full brick exterior, spacious level yard, and versatile outdoor spaces, this property offers plenty of opportunities to make it your own. Come see all the possibilities this charming Englewood property has to offer!

354 County Road 516, Englewood

$359,900

3 Beds ⋅ 2 Baths ⋅ 1,416 SqFt. ⋅ 3619708 MLS ⋅ COMING SOON Status

Welcome to this stunning new construction 3bd 2 bath home. Situated on a 1.5-acre unrestricted lot surrounded by mature trees, this property offers privacy, natural beauty, and endless possibilities. Once inside you will discover beautiful LVP flooring, granite countertops, new stainless appliances, and a split bedroom floor plan featuring a private primary suite. The covered front and back porch make a perfect area for your morning coffee or evening cookouts. With NO restrictions the possibilities are endless! Bring your chickens, build that dream workshop, plant that garden or simply enjoy the extra space and freedom to make the property your own.

120 Grosch Rd, Manchester

$300,000

1,568 SqFt. ⋅ 3619237 MLS ⋅ ACTIVE Status

BEING SOLD AS LOT ONLY HOME CAN NOT BE SHOWN

201 E 16th St, Columbia

$229,000

3 Beds ⋅ 2 Baths ⋅ 1,184 SqFt. ⋅ 1358341 MLS ⋅ ACTIVE Status

This property boasts a great location, NO restrictions, and a large, detached garage/workshop sitting on almost a full acre and bordered on one side with a year-long creek! This home is settled in a quiet little neighborhood on the northern end of Crossville just minutes from town, shopping, golf courses and entertainment also.

1858 Lawson Rd, Crossville

$349,900

3 Beds ⋅ 2 Baths ⋅ 1,711 SqFt. ⋅ 3614510 MLS ⋅ ACTIVE Status

Welcome to this beautifully updated, one-level modern farmhouse-style home! This move-in-ready home offers a bright, open floor plan thoughtfully designed for comfortable everyday living. Featuring 3 bedrooms & 2 full baths, this home combines charm, functionality, & plenty of space. Beautiful white shiplap-style ceilings enhance the modern farmhouse character, while the propane fireplace in the living room provides a warm & inviting focal point for relaxing & gathering with family and friends. The split-bedroom floor plan provides added privacy, with the primary suite located on one end of the home and the additional bedrooms on the opposite end. One of the secondary bedrooms is conveniently located near the guest bath, providing privacy & comfort for family or overnight guests. You’ll appreciate the generously sized laundry room, providing plenty of room to move around & making everyday chores more convenient. Outside, the completely fenced-in yard offers a wonderful space for children & fur babies to play & enjoy the outdoors. The property also features a garage/workshop with electricity, plus an attached lean-to providing additional covered parking. Relax & enjoy your morning coffee on the inviting rocking-chair front porch with swing, or gather with family & friends on the large, completely screened-in back porch. With its peaceful setting, natural surroundings, & wonderful outdoor living spaces, this home offers a beautiful balance of country charm & comfortable living, while still being conveniently located near restaurants, shopping, & everyday amenities. Come see all this charming home has to offer & discover why it could be the perfect place to call home! Schedule your private showing today!

220 Moore Circle Rd Nw, Charleston

$149,900

4 Beds ⋅ 2 Baths ⋅ 2,138 SqFt. ⋅ 3613023 MLS ⋅ ACTIVE Status

Welcome to 933 Weakley Creek Drive, a beautiful country property offering space, privacy, and a peaceful setting! This 4-bedroom, 2-bath home features approximately 2,138 square feet of living space and sits on 1.3+- acres. Enjoy the quiet country atmosphere with a creek running just behind the property and a wooded backdrop that adds privacy and natural beauty. The property also features a detached building offering additional storage or workspace, along with a covered RV canopy/parking area perfect for an RV, camper, boat, or additional vehicle. Located in a beautiful rural setting while still convenient to Lawrence County High School and Lawrenceburg, this property offers a wonderful combination of country living, usable outdoor space, and convenience. If you're looking for room to spread out and a peaceful place to call home, 933 Weakley Creek Drive is one you'll want to see!

933 Weakley Creek Rd, Lawrenceburg

$125,000

2 Beds ⋅ 1 Baths ⋅ 1,055 SqFt. ⋅ 3612430 MLS ⋅ ACTIVE UNDER CONTRACT Status

Gem in the heart of Mount Pleasant! Brand NEW Mini Split A/C unit perfect comfort, A new roof (less than 24months old) Full of original character, a nice backyard, yet still plenty of potential for renovation, rental, or resale. Brand NEW Mini Split A/C unit for perfect comfort, A new roof (less than 24months old) The property is being sold as-is and is priced with needed updates in mind. Great opportunity for investors, renovators, or buyers looking for an opportunity to build their equity while they live and take advantage of this excellent price! Located on a short, quiet street within walking distance of downtown Mt. Pleasant. Located just 38 minutes to downtown Nashville! This is what Affordability looks like! Call today!

115 Union St, Mount Pleasant

$214,500

3 Beds ⋅ 2 Baths ⋅ 1,056 SqFt. ⋅ 3611301 MLS ⋅ ACTIVE UNDER CONTRACT Status

Welcome home to this charming 3-bedroom, 2-bath home situated on 1.8 acres, offering plenty of space, privacy, and the peaceful lifestyle you've been looking for. Move-in ready, this home is ready for you to settle in and start enjoying country living right away. The home features low-maintenance vinyl siding, a concrete front porch perfect for afternoon sitting, and a back deck ideal for entertaining, grilling, or relaxing while enjoying the beautiful surroundings. With 1.8 acres, there's plenty of room for outdoor activities, pets, gardening, or simply enjoying the peace and quiet. If you've been looking for a move-in ready home with acreage and country charm, this one is a must-see! Come take a look and make this peaceful property your new home.

12 Hankins Hollow Ln, Tennessee Ridge

$399,900

3 Beds ⋅ 2 Baths ⋅ 1,690 SqFt. ⋅ 3610214 MLS ⋅ ACTIVE Status

Dreaming of a Smoky Mountain Home, this is it. This 3-bedroom 2 bath home offers you tranquility and peace. Nestled in the trees on 1.5 acres, the breeze brushing softly on the cheek. This home has been remodeled from the studs out. New windows except for the large pane windows, new flooring, HVAC replaced in 2024, Septic pumped this year. Wood burning fireplace offers a secondary source of heat and ambiance. Only minutes to downtown Gatlinburg and the gateway to the Great Smoky Mountain Parkway.

740 Hidden Valley Rd, Gatlinburg

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.

No Homes under $500,000

Newest No Homes under $500,000

How much is your home worth?

How much is your home worth?