Grainger County Homes under $500,000

Grainger County Homes under $500,000

Welcome to Grainger County, Tennessee—a hidden gem nestled in the heart of the Smoky Mountains. Known for its stunning natural beauty, this picturesque county boasts rolling hills, serene lakes, and lush forests, making it an ideal location for those seeking both tranquility and adventure. With a rich history and a strong sense of community, Grainger County offers a warm welcome to newcomers and visitors alike.

For homebuyers looking to settle in this enchanting area, Grainger County presents a fantastic opportunity with a variety of homes available for under $500,000. Whether you’re searching for a charming cottage, a spacious family home, or a serene retreat by the water, you’ll find options that cater to diverse tastes and budgets. The real estate market here is vibrant, with properties featuring modern amenities, expansive outdoor spaces, and breathtaking views of the surrounding mountains.

Living in Grainger County means enjoying a slower pace of life while still having access to essential amenities. Residents can explore local farmers' markets, enjoy outdoor activities like hiking, fishing, and boating, and take part in community events that celebrate the area’s rich heritage. The county is also conveniently located near larger cities, providing easy access to shopping, dining, and entertainment.

If you’re ready to find your dream home in Grainger County, explore the diverse selection of homes under $500,000. Embrace the charm and beauty of this delightful Tennessee county, where your ideal lifestyle awaits!

Newest Grainger County Homes under $500,000

271 Heim Rd, Rutledge
$375,000
4 Beds ⋅ 1 Baths ⋅ 1357778 MLS
Professional photography will be completed. Charming 1940 stone farmhouse nestled on 10 beautiful acres of rolling Tennessee countryside! This 1,437-square-foot home offers 4 bedrooms and 1 bath, with a vintage interior full of character and timeless appeal. Enjoy peaceful mornings or relaxing evenings from the covered front porch overlooking the surrounding property. The acreage provides privacy, space, and a picturesque rural setting, while the 30x40 detached garage and large pole barn offer excellent storage, workshop, and utility space. A rare opportunity to own a piece of classic Tennessee charm with room to spread out and make it your own. Only 2 miles from Cherokee Lake. Conveniently located approximately 15-20 minutes from Jefferson City and 40-45 minutes from Knoxville, while offering the privacy and tranquility of country living.

271 Heim Rd, Rutledge
650 Combs Rd, Rutledge
$279,900
5 Beds ⋅ 3 Baths ⋅ 1357722 MLS
This Property consist of a newer manufactured home on acreage. Located along a country lane. This rolling property has areas with beautiful mountain and lake views. The lot is a combination of 2 parcels. With one parcel containing the dwelling. The land is approx. 80% cleared. Offering many usage options. The home features an open floor plan with split bedrooms. Large covered back porch to relax and enjoy this quiet setting. Home has underpinning and is not on a permanent foundation. The listing price reflects the seller's motivation to get this property sold. Contact Listing Agent for additional information.

650 Combs Rd, Rutledge
125 Schertz Lane, Rutledge
$280,000
3 Beds ⋅ 2 Baths ⋅ 1357362 MLS
125 Schertz Lane, Rutledge, TN 3 Bedrooms | 2 Bathrooms | Approx. 1,560 Sq. Ft. | 0.51 Acres | 2023 Manufactured Home | Den/Flex Room Welcome to 125 Schertz Lane! This 2023 manufactured home offers approximately 1,560 square feet of comfortable living space situated on 0.51 acres. Inside, you'll find 3 bedrooms, 2 bathrooms, plus a versatile den currently being used as a family room. Need something different? This flexible space could also be used as a home office, gym, playroom, hobby room, or second living area--giving you room to make the home work for your lifestyle. Enjoy a quieter setting while staying approximately 25 minutes from Jefferson City for shopping, dining, and everyday conveniences. You're also approximately 40 minutes from Exit 407, the gateway to the Smoky Mountains and convenient to Sevierville, Pigeon Forge, Gatlinburg, Dollywood, Buc-ee's, Bass Pro Shops, shopping, dining, and entertainment. Enjoy the space and flexibility of home while keeping some of East Tennessee's favorite destinations within reach. **Buyer to verify all information and perform their own due diligence.

125 Schertz Lane, 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
155 Paradise Valley, Bean Station
$329,900
3 Beds ⋅ 1 Baths ⋅ 1356863 MLS
Situated on a ~1.13-acre lot, this 3BR/1BA full-brick home offers ~1,240 sq ft of main-level living space plus an additional ~1,500 sq ft full unfinished basement! Key exterior highlights include a durable metal roof, central HVAC, a 2-car garage setup, and a covered front porch. The outdoor space features an above- mature trees, and a spacious lawn. Excellent potential for a workshop or expanded living quarters. Conveniently located near Cherokee Lake. Don't miss this one!

155 Paradise Valley, Bean Station
567 Old Rutledge Pike, Blaine
$445,000
5 Beds ⋅ 3 Baths ⋅ 1356843 MLS
Welcome home to 567 Old Rutledge Pike! Nestled on a beautifully peaceful 0.52-acre lot in Blaine/Grainger County, this stunning 2,600 sq. ft. split-foyer home combines endless space, timeless style, and quintessential Tennessee charm. Featuring 5 generous bedrooms and 3 full baths, there's room for everyone to relax and spread out. Step inside to discover glowing hardwood floors, a fully finished lower level perfect for a media room, play space, or multi-generational living, and a cozy fireplace ideal for crisp evenings. Enjoy serene country views from your back porch while staying just minutes from Knoxville and Rutledge. A rare gem offering country quiet with city convenience--schedule your private tour today!

567 Old Rutledge Pike, Blaine
13700 Lakeshore Drive, Rutledge
$220,000
3 Beds ⋅ 1 Baths ⋅ 1356819 MLS
One level living with this rancher featuring 3 bedrooms, 1 bathroom, on 1.09 acre of land. This home features a large backyard, garage, and close to all amenities, shopping, and highways. Property owned by US Dept.of HUD. HUD case # 481332476, Insured. ''IN'', Subject to Appraisal.'' Seller makes no representations or warranties as to property condition. HUD Homes are sold ''AS IS.'' Equal Housing Opportunity. Lead based paint disclosure due to property built prior to 1978.

13700 Lakeshore Drive, Rutledge
220 Emory Rd Rd, Blaine
$275,000
3 Beds ⋅ 2 Baths ⋅ 1356771 MLS
BRAND NEW and ready for its first owner! Welcome to 220 Emory Rd in Blaine, offering 1,568 sq ft of NEW from top to bottom on a .62-acre corner lot with UNRESTRICTED LAND! Inside, you'll find a split-bedroom floor plan with a wide-open main living area offering plenty of space to gather and entertain. In addition to 3 bedrooms, there's a BONUS FLEX ROOM that could be utilized as a 4th bedroom, home office, den, game room, hobby space--you name it! The kitchen features plenty of storage, all NEW stainless-steel appliances, a walk-in pantry, and a center island with additional storage that's already wired with electric. The spacious primary suite has room for that king-size bed, a large walk-in closet, and an en suite bath featuring double porcelain vanities, a soaker tub, and a separate walk-in shower. And because this home is BRAND NEW, you're starting fresh--from the finishes and fixtures to the appliances and everything in between. Outside, you'll have .62 unrestricted acres situated on a corner lot. The property is located directly off Emory Rd, a state-maintained road, and approximately one minute from Rutledge Pike, providing quick and convenient access to one of the area's primary travel routes. Brand new construction, unrestricted land, a split-bedroom floor plan, open living, bonus flex space, a spacious primary suite, and a location that keeps you close to a major travel route--220 Emory Rd brings a LOT to the table. Schedule your showing and come see it for yourself! *Some photos contain virtual staging*

220 Emory Rd Rd, Blaine
351 Deer Ridge Drive, Rutledge
$400,000
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
402 Stout Town Rd, Blaine
$250,000
3 Beds ⋅ 2 Baths ⋅ 1355572 MLS
Looking for a property that combines income potential, privacy, and unrestricted land? This 3-bedroom, 2-bathroom singlewide sits on a little over 3 acres and is currently operating successfully as an Airbnb rental, generating a very attractive monthly income! Property Highlights: 3 bedrooms 2 full bathrooms 3+ acres of unrestricted property Currently used as a successful Airbnb rental Strong monthly rental income Abundant wildlife Beautiful mountain views City water City sewer Plenty of room for privacy, recreation, gardening, or future possibilities Peaceful country setting while still having convenient utilities Whether you're looking for an income-producing investment, a weekend getaway, or a place to call home, this property offers flexibility that is hard to find! Properties with acreage, mountain views, unrestricted use, and established rental income don't come along often. Don't miss this one! Message me today for more information, income details, or to schedule your private showing!

402 Stout Town Rd, Blaine
364 Old Rutledge Pike, Blaine
$264,900
3 Beds ⋅ 2 Baths ⋅ 1355319 MLS
New construction with 1 year Builders warranty. Beautifully designed One level rancher. Step inside and see all this hone has to offer with luxury vinyl plank flooring through out. Gorgeous open concept floor plan designed for both everyday living and entertaining. The spacious kitchen offers wood cabinets, stainless appliances, an island with solid surface counter top, a beautiful gathering place that flows seamlessly into the family room with lots of light and a stunning fire place. Private primary suite is a true retreat, featuring a large walk in closet, and a luxurious ensuite bath with a beautiful walk in tiled shower, separate soaking tub, and double vanity. Additional highlights include generous closet space, stylish finishes, abundant natural light, and the convenience of one level living. Outside enjoy the peaceful setting and the charm of country living while remaining conveniently close to Knoxville's dining, shopping, entertainment and amenities. Beautiful. Comfortable. Convenient and filled with the extras you have been looking for,100% financing available with ''0 Down payment'' Call for details.

364 Old Rutledge Pike, Blaine
254 Mountain Rd, Luttrell
$282,500
3 Beds ⋅ 2 Baths ⋅ 1355094 MLS
A sweeter, slower life might be closer than you think with this East Tennessee bungalow. Start your mornings feeding the ducks and sipping coffee on the front porch, then end the day watching the sunset over House Mountain before settling in with hot tea beside the wood-burning stove (see property condition details). Drooling yet? Sips aside, this beautifully renovated home perfectly pairs the conveniences of modern living with the cozy charm of a classic East Tennessee mountain home. Here, you can play in your garden during the day AND still make that fancy dinner reservation in Downtown Knoxville. After your date, there's plenty of room to spread out indoors with three bedrooms and two full baths... but if you prefer the outdoors, you're in for a treat! Raised garden beds, a chicken coop, and a fenced backyard create the perfect setup for anyone eager to dip their toes into homesteading. More of a hiker? House Mountain (Knox County's highest peak with views for days) is just moments away. Back at home, the deck is the perfect spot for summer suppers overlooking the woods while listening to the birds chirp. And while this cutie was built in 1932, she's looking downright stunning for her age. Updated HVAC, water heater, and electrical -- plus plenty of storage, including a mudroom and detached shed -- all mean you get to enjoy the character of a historic home without leaving any modern comforts behind. In other words, this is the kind of place where mountain views, garden dirt, and front-porch coffee come together to create a life that feels a little slower, a little sweeter, and unmistakably East Tennessee. Home sweet home to... you! **Ducks do not convey with property. With an acceptable offer, seller is open to providing a concession to replace roof after closing** Buyer to verify all details**

254 Mountain Rd, Luttrell
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