Cold Springs Homes under $500,000

Welcome to Cold Springs, a delightful subdivision nestled in the heart of the United States, where modern living meets natural beauty. This charming community offers an ideal blend of tranquility and accessibility, making it the perfect place for families, young professionals, and retirees alike. With its picturesque landscapes, well-maintained parks, and friendly neighbors, Cold Springs is not just a place to live; it’s a place to call home.

One of the standout features of Cold Springs is its diverse array of homes available for under $500,000. Whether you’re searching for a cozy starter home, a spacious family residence, or a charming single-story abode, you’ll find a variety of options that cater to different tastes and lifestyles. Each home is thoughtfully designed, often featuring modern amenities, open floor plans, and beautiful outdoor spaces perfect for entertaining or simply enjoying the serene surroundings.

The subdivision is conveniently located near essential amenities, including shopping centers, schools, and recreational facilities, ensuring that everything you need is just a stone's throw away. Residents can enjoy the community’s walking trails, playgrounds, and picnic areas, fostering a sense of connection and belonging.

Cold Springs truly embodies the essence of suburban living, providing a welcoming atmosphere and a strong sense of community. With homes priced affordably under $500,000, now is the perfect time to explore the opportunities that await you in this enchanting subdivision. Discover your dream home in Cold Springs, where comfort and community come together!

Newest Cold Springs Homes under $500,000

$450,000

3 Beds ⋅ 1 Baths ⋅ 26048404 MLS

This enchanting 3-bedroom, 1 bath hidden artist's haven was known as the "caretakers lot" of the original Cold Springs development and is just 4 miles from the charm of Main Street, Highlands. Step inside to find refinished, narrow-planked hardwood floors that glow with warmth, setting the tone for a home that invites creativity, reflection, and escape. You will find a beautifully renovated kitchen with granite counter tops, modern tile back splash and new cabinets. In 2020, all the kitchen appliances were replaced with stainless steel refrigerator, dishwasher, microwave, and electric stove and there's a washer and dryer in a separate laundry/storage room. In 2002, lifetime vinyl windows were installed, inviting the mountain light to pour in while keeping the elements at bay. And a full bathroom remodel was done in 2020 with a granite countertop sink, vanity, shower/bath with frameless glass sliding doors, and tile flooring. The two car garage is spacious and is wired for 220 voltage, enough power for an artist's studio or workshop. Enhancing the feel of quiet enchantment are the tall rhododendrons that offer seclusion and privacy, and a pollinating garden landscaped along the fence that frames the yard. Whether you're sipping coffee as the morning mist rises or watching horses run in the fenced pasture across the way, this sanctuary is ideal for painters, writers, and dreamers alike. Recently installed fiber optic internet, and a Generac generator ready for any season, this mountain retreat offers both serenity and reliability. The home is in a desired area of Highlands and is ideal as a vacation rental, investment opportunity, or first home. It is nestled behind a lush wall of Rhododendron making for private, peaceful sanctuary and the level, circular driveway makes for easy access, year-round. Over the years, this home has been well-maintained. The well pump was replaced in 2005 on the shared well, as well as the LP gas furnace in 2009, ensuring warmth through crisp mountain winters. The home's solid metal roof was installed, and the interior was painted in 2014. The exterior was painted along with the installation of oversized gutters and guards to protect the home through all seasons in 2018. There are no restrictions on short-term rentals so this cozy country cottage would be a great deal for an investor.

556 Shortoff Rd, Highlands

$300,000

3304502 MLS

Duplex for sale in Knoxville, TN, this updated property offers ample income for a buyer seeking rental income. The downstairs unit is 1,666 sq ft with 2 bedrooms and 2 baths, currently rented at $1,525/month, with potential to reconfigure into a 3- or 4-bedroom layout. The upstairs unit is 706 sq ft with 1 bedroom and 1 bath, is vacant. Downstairs unit includes hardwoods, 12 foot ceilings, fireplace and could be renovated to create an incredible primary residence. Major 2024 updates include a new roof, drywall, downstairs kitchen, refinished hardwood floors, full interior and exterior paint, new toilets, and bathroom improvements. 2025 updates include a new downstairs water heater and new HVAC with ductwork. Set approximately 5 minutes from Downtown Knoxville and less than 10 minutes to the University of Tennessee, the property is also near the Knoxville Botanical Garden, breweries, dining, and shopping. Convenient to Old City, Market Square, and major Knoxville TN restaurants, entertainment, and urban amenities. Buyer to verify all information.

2430 Parkview Ave, Knoxville

$439,900

1 Beds ⋅ 2 Baths ⋅ 3168892 MLS

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 Circle, Townsend

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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.