Speedwell Homes under $500,000

Speedwell Homes under $500,000

Welcome to Speedwell, Tennessee—a hidden gem nestled in the heart of the Volunteer State! This charming town offers a perfect blend of serene rural living and modern conveniences, making it an ideal place for families, retirees, and everyone in between. With its picturesque landscapes and friendly community, Speedwell is more than just a place to live; it’s a place to call home.

One of the standout features of Speedwell is its affordability. For those seeking a new home, you’ll be delighted to discover a variety of beautiful properties available for under $500,000. Whether you’re looking for a cozy cottage, a spacious family home, or a charming ranch-style property, Speedwell has something to suit every taste and budget. Many of these homes boast stunning views of the surrounding mountains, expansive yards, and easy access to local amenities.

Living in Speedwell means enjoying a slower pace of life, where neighbors become friends, and community events bring everyone together. The town is surrounded by natural beauty, offering plenty of opportunities for outdoor enthusiasts to explore hiking trails, lakes, and parks. Plus, with Knoxville just a short drive away, you can enjoy the perks of city life, including shopping, dining, and entertainment, while still relishing the tranquility of small-town living.

If you’re ready to find your dream home in a welcoming community, Speedwell, TN, is waiting for you. Discover the charm and affordability of this delightful town and start your next chapter today!

Newest Speedwell Homes under $500,000

673 Aaron Davis Rd, Speedwell
$339,999
3 Beds ⋅ 3 Baths ⋅ 1359194 MLS
Welcome to your immaculately maintained luxury home in Speedwell, TN! This stunning 3-bedroom, 3-bathroom home is just 3 years young and showcases modern elegance at every turn. Indulge in the large master bedroom, complete with stylish sliding barn doors, while the master bathroom offers his and hers sinks, a spacious walk-in shower, and a huge walk-in closet. The open-concept kitchen features all stainless steel appliances, and the washer and dryer are to convey to buyer upon purchase. Enjoy the vast expanse of over 2 acres of flat, usable land, all with the advantage of low county taxes!

673 Aaron Davis Rd, Speedwell
251 Last LZ Lane, Speedwell
$275,000
3 Beds ⋅ 2 Baths ⋅ 1358054 MLS
Lake living near Blue Springs Marina on Norris Lake, with wooded privacy on a full acre at 251 Last Lz Ln in Speedwell. This 3 bedroom, 2 bath manufactured home offers about 1,680 square feet (buyer to verify) and an easy outdoor lifestyle built around the water. Enjoy picturesque lake views from a brand new deck that is ideal for morning coffee, evening dinners, and weekend guests. Inside, the kitchen has been completely remodeled with brand new modern appliances, and the home features fresh updated flooring throughout plus a newly installed heating and cooling system for year round comfort. A wood burning fireplace, covered porch, above ground pool, and storage shed round out the package. Whether you want a full time residence, a weekend escape, or a short term rental near the marina, this setting puts you close to the water with room to enjoy it. Cash, home equity, or specialized manufactured home financing may be options. Buyer to verify square footage and all information.

251 Last LZ Lane, Speedwell
855 Straight Branch Rd, Speedwell
$182,000
2 Beds ⋅ 1 Baths ⋅ 1357475 MLS
Welcome to 855 Straight Branch Road in Speedwell, a sweet two-bedroom cabin with all the charm of a true Norris Lake getaway. Cozy and inviting, it's the kind of place where mornings start with coffee and fresh mountain air and afternoons are spent boating, swimming, and soaking up the sunshine. Perfect as a personal lake retreat or vacation rental, this charming cabin offers the opportunity to enjoy Norris Lake while creating income when you're away. Come for the weekends, stay for the memories, and let your guests discover the magic of lake life too.

855 Straight Branch Rd, Speedwell
339 Dividing Ridge Rd, Speedwell
$235,000
4 Beds ⋅ 2 Baths ⋅ 1356691 MLS
Looking for space, privacy, mountain views, and room for all your toys? This Speedwell property has plenty to offer! Situated on approximately 1.5 acres, this spacious 4-bedroom, 2-bath home offers approximately 2,160 square feet of living space with a warm cabin-style feel. Enjoy the mountain views, relax in the sunroom, or cozy up by the wood-burning fireplace or wood stove. Outside is where this property really stands out--a detached 4-car garage, detached workshop, barn, and storage shed provide an incredible amount of space for vehicles, hobbies, equipment, storage, or projects. With no HOA and no restrictions listed, this property offers the space and flexibility that can be hard to find. If you've been searching for a home with acreage, mountain character, and exceptional garage and workshop space, 339 Dividing Ridge Road deserves a look!

339 Dividing Ridge Rd, Speedwell
130 Hunley Acres, Speedwell
$234,500
4 Beds ⋅ 2 Baths ⋅ 1354920 MLS
Country living just minutes from town! This updated 4-bedroom, 2-bath home offers the perfect blend of peaceful surroundings and spacious living. Inside, you'll find a huge combined kitchen and dining area--perfect for gatherings--with a sliding glass door that opens to a newer deck, ideal for relaxing or entertaining. The home features updated bathrooms, new interior doors, fresh paint, and low-maintenance vinyl siding and windows. A dedicated laundry room adds extra functionality, and the level lot provides plenty of usable outdoor space. Enjoy scenic views of grazing horses--without the hassle of feeding them! If you've been dreaming of a place in the country that still keeps you close to town, this is it.

130 Hunley Acres, Speedwell
383 Maiden Lane, Speedwell
$499,000
4 Beds ⋅ 4 Baths ⋅ 1352073 MLS
PRICED TO SELL -- 6.74 ACRES AND 3,500+ SQ FT! Welcome to 383 Maiden Lane, a spacious 4-bedroom, 3.5-bath home offering approximately 3,560 square feet on 6.74 acres in Speedwell. Tucked away down a quiet gravel road, this property offers EXCEPTIONAL PRIVACY AND SECLUSION--the kind of setting where you can truly get away from it all and enjoy your own piece of East Tennessee. With a full basement, two fireplaces, LARGE DECKS offering plenty of outdoor living and entertaining space, and generous living areas throughout, this home offers room to spread out both inside and out. One of the property's standout features is ACCESS TO THE BEAUTIFUL POWELL RIVER AND A COMMUNITY BOAT RAMP--perfect for boating, fishing, kayaking, and spending days on the water before retreating back to the privacy of your acreage. The property is also equipped with several hard-to-find extras, including UTILITY HOOKUPS FOR AN RV and wiring already in place to receive a HOME GENERATOR. Add in a private well, WHOLE-HOME WATER TREATMENT SYSTEM, private septic, substantial acreage, and more than 3,500 square feet of living space, and there is a lot packed into this property. EVEN MORE VALUE -- ALL APPLIANCES PRESENTLY IN THE HOME CONVEY WITH THE PROPERTY, along with the MOWER CURRENTLY IN THE GARAGE! The signed listing documents identify the refrigerator, range, microwave, dishwasher, dryer, and garage refrigerator among the items to remain. And here's the number that's going to get attention: ONLY $499,000! With online and agent-platform valuations ranging substantially higher, the seller has made the intentional decision to PRICE AGGRESSIVELY BELOW ESTIMATED MARKET VALUE to encourage a fast sale and strong buyer activity. For buyers searching for acreage, privacy, space, river access, and value, this is an opportunity worth taking seriously. SHOWINGS BEGIN FRIDAY! With 6.74 acres, over 3,500 square feet, an extremely private setting, Powell River access, community boat ramp, RV hookups, large decks, included appliances, and an aggressive $499,000 list price, this property is positioned to attract attention quickly. SCHEDULE YOUR SHOWING ASAP and come see everything 383 Maiden Lane has to offer!

383 Maiden Lane, Speedwell
177 Thomas Rd, Speedwell
$490,000
3 Beds ⋅ 2 Baths ⋅ 1352028 MLS
TWO HOMES • ONE PROPERTY • DETACHED GARAGE • ENDLESS POSSIBILITIES! Welcome to a unique opportunity in Speedwell, Tennessee! Located at 177 Thomas Rd and 113 Chestnut Rd, Speedwell, TN 37870, this property offers two separate homes on one lot along with a garage, providing exceptional flexibility for a variety of living arrangements. Whether you're searching for a multi-generational property, an investment opportunity, space for extended family, or the convenience of having two residences together, this property has so much potential. Live in one home while using the second for family, guests, or rental income, or add both homes to your investment portfolio. The second home is currently being rented and has been bringing in additional income for the sellers for years. Having two individual residences on the same property gives buyers options that can be difficult to find. The additional garage provides valuable space for vehicles, storage, lawn equipment, recreational toys, or a workshop. Located in the peaceful Speedwell area of East Tennessee, the property offers a more relaxed country setting while remaining convenient to surrounding communities and everyday necessities. Enjoy the space and versatility of having multiple structures without sacrificing accessibility. Come see this amazing opportunity before it is gone!

177 Thomas Rd, Speedwell
3406 Back Valley Rd, Speedwell
$289,900
3 Beds ⋅ 2 Baths ⋅ 1351373 MLS
A Little Slice of East Tennessee to Call Home 🌿🏡 There's just something about having a little land, a little elbow room, and a place that feels like home. Tucked away on approximately 0.8 acres in Speedwell, this 3-bedroom, 1½-bath home offers 1,344 square feet of comfortable living space and plenty of room to enjoy the simple things. making this home a great fit for everyday living, a first home, or a place to settle in and enjoy for years to come. The HVAC was replaced just last year, giving you one less thing to worry about. Outside, the new fence adds a nice touch to the property and gives you space to enjoy the yard, whether you're letting the kids or pets roam, working in the garden, or simply sitting outside and enjoying a little peace and quiet. And then there's the basement. With approximately 888 square feet of unfinished space, there's plenty of room for storage, hobbies, a workshop, or all those things you just don't want taking up space in the house. The lower ceiling height makes it best suited for storage and hobby space, but there's a LOT of room to work with. If you've been dreaming of a home with a little land, a slower pace, and that unmistakable East Tennessee feel, come take a look at Back Valley Road. Sometimes home isn't about having everything brand new. Sometimes it's about having space, comfort, and a place you can make your own. ❤️

3406 Back Valley Rd, Speedwell
2888 Old Highway 63, Speedwell
$265,000
4 Beds ⋅ 2 Baths ⋅ 1350985 MLS
Welcome Home to beautiful country living! This spacious 4-beddrom, 2-bathroom home offers perfect blend of modern style, open-concept comfort, and breathtaking mountain views.

2888 Old Highway 63, Speedwell
2022 Back Valley Rd, Speedwell
$239,000
3 Beds ⋅ 2 Baths ⋅ 1349383 MLS
Motivated sellers!! Charming 1920s country cottage with breathtaking mountain views! Nestled on a level 1-acre lot, this 3-bedroom 1.5 bath home is full of character and modern conveniences. Relax on the front porch or enjoy grilling and entertaining on the back deck. Inside you'll find a spacious family room with a wood stove, new bamboo flooring on the main level, and a kitchen with modern amenities and mountain views. Convenient laundry area is located just off the kitchen. A shed offers plenty of storage with a carport for your boat or ATV's. The stand up crawspace provides easy access and additional storage. Plenty of flat sunny spots for a big garden and a fenced in area for your pets. It's country living at its finest. Updates include a new 2.5 ton split unit upstairs (2022), septic pumped with new field lines installed (2026), whole house water filtration system, new flue for wood stove (2024), and a new water heater (2026). No HOA or city taxes. Septic tank and well water with the option to connect to city water when county installation is complete. Conveniently located 15 minutes from Harrogate and LMU. This property offers a perfect blend of country charm and investment potential making it an excellent primary residence, weekend getaway, or rental opportunity for LMU students. All appliances remain including the washer/dryer. Option available for all furniture to remain except for a few select pieces. Don't miss out on this one! Schedule your showing today.

2022 Back Valley Rd, Speedwell
155 Quarry Rd, Speedwell
$215,000
2 Beds ⋅ 1 Baths ⋅ 1348419 MLS
Looking for peace, privacy, and beautiful mountain views? This beautifully remodeled manufactured home sits on a permanent foundation and offers the perfect blend of comfort and country living. Nestled on approximately 1.5 level, fenced acres with no restrictions, you'll have plenty of room to enjoy the outdoors, bring your hobbies, or simply relax in the peaceful setting. The property includes four storage buildings and a dog kennel, providing abundant space for storage, workshops, pets, or equipment. Whether you're looking for a full-time residence, a weekend retreat, or a place with room to spread out, this move-in-ready property offers endless possibilities in a quiet, private setting with gorgeous mountain views. This property has public water and also has a well. At this price, I don't expect this to last long! Buyer to verify all information.

155 Quarry Rd, Speedwell
4784 Old Highway 63, Speedwell
$369,900
3 Beds ⋅ 2 Baths ⋅ 1345999 MLS
**Mountain views, nearly 2 acres, and room to grow!** This beautiful two-story home is situated on 1.95± acres of gently rolling land, offering scenic mountain views and plenty of space to enjoy inside and out. The spacious floor plan features the primary suite conveniently located on the main level, complete with a tiled walk-in shower and freestanding soaking tub. Start your mornings on the covered front porch and spend your evenings relaxing on the screened-in back porch overlooking the peaceful property. A full unfinished basement offers tons of potential for additional living space, a home gym, workshop, or storage. You'll also find a two-car garage and detached storage shed for even more functionality. **Major bonus--a full HVAC system was installed in August 2024!** With beautiful views, acreage, outdoor living spaces, and plenty of potential, this is one you'll want to see in person. Schedule your showing today! Buyer to verify all information.

4784 Old Highway 63, Speedwell
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