Rutledge Homes under $500,000

Rutledge Homes under $500,000

Welcome to Rutledge, Tennessee—a hidden gem nestled in the heart of Grainger County. This charming city offers a unique blend of small-town warmth and scenic beauty, making it an ideal place for families, retirees, and anyone seeking a peaceful lifestyle. With its lush landscapes, friendly community, and rich history, Rutledge is a place where you can truly feel at home.

One of the most appealing aspects of Rutledge is its affordability. The real estate market here boasts a variety of beautiful homes priced under $500,000, making it accessible for first-time buyers and those looking to downsize without sacrificing quality. From cozy cottages to spacious family homes, there’s something for everyone. Many properties feature stunning views of the surrounding mountains and easy access to outdoor recreational activities, such as hiking, fishing, and boating on nearby Norris Lake.

Living in Rutledge means enjoying a slower pace of life while still being close to modern conveniences. The city is just a short drive from larger towns, providing residents with access to shopping, dining, and entertainment options. Additionally, the local schools are well-regarded, ensuring that families have access to quality education.

Whether you’re drawn to Rutledge for its affordable housing, picturesque landscapes, or welcoming community, you’ll find that this charming city has much to offer. Explore the possibilities of calling Rutledge home, where comfort and affordability come together in perfect harmony. Discover your dream home today!

Newest Rutledge Homes under $500,000

1370 Wani Village Rd, Rutledge
$450,000
2 Beds ⋅ 2 Baths ⋅ 1359738 MLS
Charming Cherokee Lakefront Ranch on Nearly Half an Acre! Enjoy peaceful lakefront living in this super cute and cozy one-level ranch home situated on an almost half-acre lot along beautiful Cherokee Lake. Surrounded by large, mature trees, this property offers a tranquil setting and plenty of charm. While the exterior could use some TLC, step inside and discover a wonderful surprise! The interior features original hardwood floors and an open layout connecting the living space, kitchen, breakfast bar, dining area, and family room, creating a warm and inviting atmosphere. The primary bedroom is a true surprise, accessed through a stylish sliding barn door and offering an abundance of space. The impressive primary suite features a spacious bathroom with tile flooring, a large clawfoot soaking tub, walk-in shower, and double vanity. A cedar closet provides additional storage and a touch of classic character. The second bedroom offers comfortable accommodations, while the updated second bathroom features tile flooring and a tub/shower combination. A dedicated utility room provides full laundry facilities and convenient access to the back deck, making it easy to enjoy the peaceful outdoor surroundings. The home also features a tall crawlspace offering valuable additional storage. Whether you're looking for a full-time lakefront residence, a weekend retreat, or a perfect investment property, this charming ranch offers an opportunity to enjoy the beauty and serenity of Cherokee Lake with its desirable one-level layout, mature trees, inviting interior, and nearly half-acre lakefront setting, this property is ready for its next chapter!

1370 Wani Village Rd, Rutledge

5330 Rutledge Pike, Rutledge
$224,900
3 Beds ⋅ 2 Baths ⋅ 1357057 MLS
Welcome to 5330 Rutledge Pike in Rutledge, Tennessee--a nearly new home built in 2023 offering modern, low-maintenance living on 1.37 acres in the heart of Grainger County. With 1,263 square feet, 3 bedrooms, and 2 full bathrooms, this home combines an efficient floor plan with enough outdoor space to enjoy the relaxed East Tennessee lifestyle. Inside, the open-concept living room and kitchen maximize both space and functionality, creating a natural gathering place for everyday living and entertaining. The kitchen offers plenty of overhead cabinetry for storage along with a center island that provides additional workspace and seating--perfect for entertaining friends, preparing family meals, or spending an afternoon baking with the kids. The split-bedroom design provides added privacy, separating the owner's suite from the secondary bedrooms while making excellent use of the home's square footage. From the main living area, step directly onto the back deck and enjoy views across your 1.37-acre property. There is plenty of room for children to play, dogs to run, a garden, outdoor games, or simply relaxing while enjoying the surrounding countryside. Whether it is morning coffee on the deck, grilling with family, or unwinding at the end of the day, the acreage provides space to enjoy life outside as much as inside. The Rutledge and Grainger County area also offers plenty for buyers who enjoy the outdoors. Cherokee Lake provides boating, fishing, swimming, and other water recreation, with multiple public access points and marinas throughout the area. Nearby Grainger County Park offers walking areas, playgrounds, picnic facilities, basketball and baseball facilities, while Greenlee of May Springs provides access to Cherokee Lake recreation, including a swimming area, boat ramps, and marina facilities. For those looking for a newer home without giving up land and outdoor space, 5330 Rutledge Pike offers an appealing combination of modern construction, a functional split-bedroom layout, acreage, and access to the lakes and outdoor recreation that make East Tennessee such a desirable place to call home. Buyer to verify all information. Square footage, utilities, school zones, and lot boundaries to be independently verified by buyer/buyer's agent. Info deemed reliable but not guaranteed.

5330 Rutledge Pike, Rutledge

351 Deer Ridge Drive, Rutledge
$390,000
3 Beds ⋅ 2 Baths ⋅ 1355935 MLS
Don't miss the virtual tour! Copy/paste the following link: https://youtu.be/UsRYAJ6mc_E What if you could buy a home where somebody else already tacked the ENTIRE honey-do list? This beautifully updated 3 bedroom, 2 bathroom (with finished flex room in basement) home in Rutledge has a 2-car garage and sits on half an acre, but that doesn't tell the real story! Read on... To say that this home has been renovated with precision and maintained with perfection is an understatement! It offers all the beautiful upgrades buyers want to see... from the things you notice immediately to the big-ticket items you'll appreciate for years to come. SEE LAST PIC for the entire improvements list! The entire house was repainted and all new flooring was installed. Lighting has also been updated throughout the home. The kitchen was completely redone in 2024 with new cabinetry, leathered granite countertops, stainless appliances (including a double oven) and lighting. Wiring for a dishwasher is there, but the owner chose not to install. It would be easy to add. Both bathrooms have been updated with shower/tub refinishes, new vanities and countertops, ventilation, and lighting. Downstairs, you'll find an updated basement room with tongue-and-groove wood walls, new doors, ceiling panels, LED lighting and a ceiling fan. The newly epoxied basement/garage floor extends through the 2-car garage, too. Outside, the updates keep coming: new roof (2024), new windows (2025), rebuilt deck, black chain link fencing, front door, lighting and guttering/drainage (2025), plus a freshly sealed front porch and garage floor in 2026. The septic was serviced and a new lid and baffles were installed in 2024, whole house ductwork was cleaned, a new thermostat installed, and the HVAC has been serviced every six months. Landscaping creates curb appeal in both the front and back with newly planted trees well on their way to increasing your privacy. Hot and cold water spigots were added outside (your dogs will thank you for a warm bath!) And then there's the location. Cherokee Lake is practically in your backyard playground, with boating, fishing, kayaking, swimming and public access available throughout the area. The Holston River and Clinch River add even more opportunities for fishing and paddling. When you need more, Morristown is approximately 18 miles away, offering larger shopping, restaurants, medical services and entertainment. Knoxville is an easy drive via Hwy 11W, giving you access to the city while allowing you to come home to the quieter pace, farmland, and lake country of Grainger County. Updated. Maintained. Close to the lake. And somebody else already tackled the honey-do list. All that's left for you to do is choose a wi-fi password and figure out where to put the furniture.

351 Deer Ridge Drive, Rutledge

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