No Homes under $500,000

Welcome to your dream community in the heart of Tennessee! Nestled in a picturesque landscape, this charming subdivision offers an inviting atmosphere that perfectly balances tranquility with modern living. While it may not be a large, sprawling community, it boasts a unique character that makes it a hidden gem in the region.

One of the standout features of this area is the availability of beautiful homes priced under $500,000. This makes it an ideal choice for first-time buyers, growing families, or anyone looking to invest in a vibrant community without breaking the bank. Each home in this subdivision is thoughtfully designed, featuring modern amenities, spacious layouts, and beautiful outdoor spaces that invite you to enjoy the natural beauty surrounding you.

Residents here enjoy a strong sense of community, with friendly neighbors and a variety of local activities that foster connections. Whether it’s a weekend barbecue in the backyard or an evening stroll through the nearby parks, there’s always an opportunity to engage with fellow residents and create lasting memories.

Conveniently located near major highways, shopping centers, and schools, this subdivision offers easy access to everything you need while maintaining a peaceful atmosphere. The charm of Tennessee living is at your fingertips, with scenic views and a welcoming community that feels like home.

Explore the possibilities of living in this delightful subdivision today. Your perfect home under $500,000 awaits!

Newest No Homes under $500,000

$209,000

3 Beds ⋅ 2 Baths ⋅ 3611301 MLS ⋅ ACTIVE Status ⋅ 1.8 Acres ⋅ 37178 Zip Code

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 ⋅ 3610214 MLS ⋅ ACTIVE Status ⋅ 1.5 Acres ⋅ 37738 Zip Code

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

$189,900

3 Beds ⋅ 1 Baths ⋅ 3610205 MLS ⋅ ACTIVE Status ⋅ 0.52 Acres ⋅ 37323 Zip Code

Ranch Home! All One Level! Settle into this cozy and inviting 3-bedroom, 1-bath home--perfect for first-time buyers or anyone looking to downsize without sacrificing space. You'll love the comfortable layout and the generous room sizes that make everyday living easy and enjoyable. Situated on a desirable corner lot, this charming home features a very large fenced-in backyard--ideal for pets, play, gardening, or entertaining. A detached garage provides additional storage and parking convenience. Located close to shopping, dining, and everyday essentials, this home also offers quick and easy access to Georgia and the interstate, making commuting a breeze. Whether you're starting fresh or simplifying your lifestyle, this home is the perfect place to begin your next chapter. At this price, it won't last long--schedule your showing today!

1905 SE Newman Drive, Cleveland

$299,900

5 Beds ⋅ 2 Baths ⋅ 3603483 MLS ⋅ ACTIVE Status ⋅ 5.11 Acres ⋅ 38012 Zip Code

If you’ve been looking for space, privacy, and a property with incredible potential, this could be the one! Situated on a little over 5 acres, this beautiful property is surrounded by mature, established trees and offers a peaceful setting with plenty of room to enjoy the outdoors. The home features 5 bedrooms, 2 full bathrooms. Tons of living space!! This property has unfinished home improvements giving the next owner the opportunity to bring their own vision to this spacious home. More pictures to come. Call me today for your private showing!!

3252 Union Mercer Rd, Brownsville

$299,000

3 Beds ⋅ 2 Baths ⋅ 3597004 MLS ⋅ ACTIVE Status ⋅ 7 Acres ⋅ 38471 Zip Code

7± acres of fenced, open pasture with a 2018 home, a pond, and three outbuildings with power on paved David Patterson Road near Lutts in Wayne County, TN. The home offers 2,016± sq ft on one level, with a covered porch added in 2020 and central heat and air installed new in 2018. Owner reports the home and buildings are in very good condition. The outbuildings include a detached garage built in 2010, two additional detached garages, and two utility buildings added in 2015. Three carry power, giving room for equipment, a workshop, feed storage, and covered parking. The pasture is fenced and open from the road to the south line, with a pond in the open ground below the homesite and a tree line along the west boundary. The land is usable throughout, suited to cattle, horses, goats, poultry, or a large garden with no clearing needed.

1198 David Patterson Rd, Lutts

$439,000

3 Beds ⋅ 2 Baths ⋅ 3531676 MLS ⋅ ACTIVE Status ⋅ 13.12 Acres ⋅ 37178 Zip Code

Welcome to this picturesque, 2022, barndominium build neatly situated on approximately 13.12 private, usable acres in Tennessee Ridge, TN. This property features 3 sizeable bedrooms, 2 full bathrooms, and an open floor plan. **Beautiful, low maintenance concrete floors **Custom cabinetry **Stainless steel appliances **Large kitchen island with a drink refridgerator and seating **Granite countertops **Convenient layout **Very nice master bedroom with an ensuite and walk-in closet **High ceilings **Large windows allowing for abundant natural lighting **Covered front and back porches **2 car, attached carport **Outdoor fire pit **Fiber optic internet **Shipping container for storage; Outside you will enjoy 13.12 beautiful, rolling acres that are 100% usable, feature a large pond, stunning back porch view, and open land with fencing as well as a run-in shed PERFECT FOR LIVESTOCK. Property also features woodland that offers opportunity for hutning as well as ATV trails. This is a VERY versatile property, that is UNRESTRICTED and located 10 minutes from Erin, TN and 21 minutes from the public, danville boat ramp on the Tennessee river.

129 Upper Alsup Rd, Tennessee Ridge

$315,000

4 Beds ⋅ 3 Baths ⋅ 3521048 MLS ⋅ ACTIVE Status ⋅ 0.56 Acres ⋅ 37826 Zip Code

Step into a piece of history with this beautifully preserved 1920 home, where timeless character and original craftsmanship create a truly dreamy setting. Featuring 4 bedrooms and 3 full bathrooms, this charming residence offers the space and versatility of a larger home while maintaining the warmth and details that make historic properties so special. One of the home's standout features is its four original fireplaces, each showcasing craftsmanship and character that simply cannot be replicated in modern construction. From the architectural details to the classic charm throughout, this home invites you to appreciate the beauty of a bygone era while imagining the possibilities for making it your own. Situated on a large lot, the property offers plenty of room to create the outdoor spaces you've always wanted--whether that's a spacious entertaining area, gardens, play space, or a beautiful outdoor retreat. And with convenient access to the interstate, commuting to larger cities such as Knoxville is a breeze. If you've been searching for a home with history, character, space, and endless potential, 8 Farrell St is ready to write its next chapter. Buyer to verify all given information.

8 W Farrell St, Niota

$229,000

3 Beds ⋅ 3 Baths ⋅ 3519247 MLS ⋅ ACTIVE Status ⋅ 0.87 Acres ⋅ 37185 Zip Code

MOVE-IN READY BRICK HOME + GUEST HOUSE | WAVERLY, TN Property is being sold in “AS IS” condition Great opportunity in a convenient Waverly location! Situated on Main Street, this property offers a move-in-ready brick home along with a separate brick guest house, providing plenty of flexibility for extended family, rental income, or investment potential. The main home offers approximately 1,508 sq. ft. with 2 bedrooms and 1.5 bathrooms. Inside, you’ll find a spacious living room, den, and dining room, giving you multiple areas for relaxing and entertaining. The home also features a metal roof, a fenced-in side yard, and two storage buildings. Even better, all appliances remain, including the refrigerator, oven, microwave, dishwasher, washer, and dryer, making this home ready for its next owner. A major bonus to this property is the separate 875 sq. ft. brick guest house featuring 1 bedroom and 1 bathroom, a full kitchen, metal roof, and its own washer and dryer. The guest house also offers carport parking and additional carport storage. This space could make an excellent private residence for a family member, guest quarters, or potentially be rented to generate additional monthly income. Conveniently located on Main Street in Waverly, the property is close to local businesses, shopping, and dining while offering the benefit of being outside the flood zone. The home is move-in ready as it sits, while also offering plenty of potential for a buyer who wants to make updates and improvements over time. Whether you’re looking for a primary residence with separate living quarters or a property with investment and rental potential, this one offers several possibilities.

810 W Main St, Waverly

$192,900

3 Beds ⋅ 2 Baths ⋅ 3518809 MLS ⋅ ACTIVE Status ⋅ 0.25 Acres ⋅ 38355 Zip Code

Check out this charming residential listing! It is a farmhouse at its best featuring 3 bedrooms, 2 full baths, a remodeled kitchen, and a fenced-in backyard with a gazebo. Some photos AI generated. Don't miss out on this gem. Call me today for your very own private showing!

171 West Ave, Medina

$159,000

3 Beds ⋅ 2 Baths ⋅ 3513238 MLS ⋅ ACTIVE Status ⋅ 5.03 Acres ⋅ 37381 Zip Code

Peacefulness 'Private'', ''Relaxation'' and ''Beautiful''... are just not enough to describe this exquisite paradise. Step into another world full of wildlife and nature. This 5.03 acres of NO RESTRICTIONS gorgeous wilderness will surely impress. This acreage is NO Restrictions meaning it is a blank canvas for your creation! Smoky Mountain and Cumberland Mountain Seasonal views are here! With some very light clearing you can open up Plenty of more build sites! This home boasts a wood burning stove to keep you warm on those chilly nights! Detached Barn/ Workshop is perfect storage for all those fun recreational toys or maybe a full time mechanic shop on your very own property! This property has the very unique blend of privacy, seclusion, and remoteness yet very accessible and usable land. Idyllic perfect location for single or multi generational family living, homesteading, off grid living, prepping, hunting, mini farm, AIR BNB, or campground income producing opportunities. Fiber optic Internet at the road. Watts Bar Lake in Spring City TN only an easy scenic 25 minutes drive, 1 hour to Chattanooga, 1 hour to Knoxville, 2 hours and 20 minutes to Nashville. Stinging Fork State waterfall Park down the rd, tons of ATV and side by side trails and horseback riding nearby. There is no better location for an AIR BNB. People will come from all over the US to have a chance to stay here. 3 parcels come with the sale of the property. The 3 lots equal the 5.03 acres. Look in the photos for the parcel ID # and plat maps. Call today for a private side by side tour!

136 Holly Drive, Spring City

$355,000

3 Beds ⋅ 2 Baths ⋅ 3510645 MLS ⋅ ACTIVE Status ⋅ 0.13 Acres ⋅ 37874 Zip Code

A rare opportunity to own a gorgeous piece of Sweetwater history! Built in 1911, this beautifully charming home showcases original wood flooring and timeless architectural details throughout. Offering 3 bedrooms, 2 full bathrooms, a dedicated office space, dining area, and spacious living room, the versatile floor plan provides an exceptional amount of space and endless possibilities. Previously utilized as a rental, this property is especially well-suited for investors or those looking to create a charming bed and breakfast or short-term rental. Its historic character, inviting layout, and distinctive appeal provide the perfect foundation for a unique hospitality opportunity. Whether you're looking to add a proven rental property to your portfolio or bring a historic home back to life as a memorable guest destination, this one is full of potential. Located in Sweetwater, this 1911 gem offers the character you simply can't recreate in a newer home. Historic charm, original craftsmanship, versatile spaces, and investment potential all in one! ASK ABOUT SELLER ASSISTANCE WITH BUYER’S CLOSING COSTS!

214 Mc Caslin Avenue, Sweetwater

$122,500

1 Beds ⋅ 1 Baths ⋅ 3501412 MLS ⋅ ACTIVE Status ⋅ 5.06 Acres ⋅ 38562 Zip Code

Welcome to 225 Coys Cove Ln. This quaint 1 bedroom and 1 bath cabin is sitting on 5.06 surveyed acres. Newly remodeled upgrades include, electric, tankless hot water heater, mini split, cabinets, counter tops, lighting, flooring, doors, and so much more. This one is move in ready. Affordable country living or perfect getaway.

225 Coys Cove Ln, Gainesboro

Start Your Search

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.