Rhea County Homes under $500,000

Rhea County Homes under $500,000

Welcome to Rhea County, Tennessee, a picturesque gem nestled between the stunning landscapes of the Appalachian Mountains and the serene waters of Chickamauga Lake. Known for its rich history, vibrant community, and breathtaking natural beauty, Rhea County is the perfect place to call home.

As you explore the charming towns of Dayton, Spring City, and Graysville, you’ll find a welcoming atmosphere that blends small-town charm with modern conveniences. Whether you’re an outdoor enthusiast eager to hike the trails of the nearby Cherokee National Forest, a history buff drawn to the significance of the Scopes Trial, or simply someone seeking a peaceful retreat, Rhea County has something for everyone.

One of the most appealing aspects of Rhea County is its affordable housing market. With a variety of homes available for under $500,000, potential buyers can discover a range of options, from cozy single-family homes to spacious properties with sprawling yards. These homes not only provide comfort and style but also offer an incredible opportunity for families and first-time buyers to invest in their future without breaking the bank.

Imagine sipping your morning coffee on a sun-drenched porch or hosting family gatherings in a backyard oasis—all within reach in Rhea County. With a strong sense of community and a slower pace of life, you’ll find that this area is not just a place to live, but a place to thrive. Come and explore the possibilities that await you in Rhea County, where your dream home is just around the corner!

Newest Rhea County Homes under $500,000

864 Scenic Lakeview Drive, Spring City
$265,000
2 Beds ⋅ 2 Baths ⋅ 1358228 MLS
Charming Spring City Home Just Steps from Lake Life! **Location, potential, and the East Tennessee lifestyle!** Discover this inviting 2-bedroom, 1.5-bath home ideally situated just **0.3 miles from Shelter Cove Marina** in beautiful Spring City, Tennessee. Whether you're searching for a full-time residence, relaxing weekend retreat, or investment opportunity, this property offers the perfect setting to enjoy everything the Watts Bar Lake area has to offer. The home features a comfortable, functional floor plan, while the **unfinished basement provides valuable additional space** for storage, hobbies, or future customization. With its convenient location near the marina, boating, fishing, and endless opportunities for outdoor recreation are just moments away. Imagine spending your weekends exploring Watts Bar Lake, enjoying the natural beauty of East Tennessee, and returning home to the peaceful surroundings of Spring City. Offering a desirable location and plenty of potential to make it your own, this property is an excellent opportunity for homeowners, lake enthusiasts, and investors alike. **Affordable lake-area living without the waterfront price tag!** Don't miss your opportunity to own a piece of East Tennessee's beautiful lake country. Schedule your private showing today!

864 Scenic Lakeview Drive, Spring City
166 College St, Dayton
$299,000
3 Beds ⋅ 2 Baths ⋅ 1358004 MLS
CRAFTSMAN CHARM + ONE-LEVEL LIVING! Whether you're buying your first home or ready to scale down without giving up the extras, this beautiful 3-bedroom, 2-bath Craftsman packs so much into one smart, easy-living floor plan! Step inside to 9' ceilings, luxury vinyl flooring, quartz countertops, and a stylish kitchen with all appliances included. The spacious primary suite features a large walk-in closet and double vanities, while the oversized laundry room offers plenty of extra storage. And the location? Super convenient to Bryan College, Downtown Dayton, and the lake! Enjoy easy access to shopping, dining, recreation, and everything the Dayton area has to offer. Starter home, forever home, or the perfect place to scale down--this one checks all the boxes. Make your move today!

166 College St, Dayton
952 Crosby Lane, Spring City
$360,000
3 Beds ⋅ 2 Baths ⋅ 1357429 MLS
Beautiful 3-bedroom, 2 bath, and large bonus room house on 1/2 acre located in Spring City, TN just minutes away from Watts Bar Lake. A new metal roof less than 8 years old and a brand-new AC unit installed within the past 3 years. Large two car detached garage with large storage loft. We have recently updated the kitchen with new counter tops, backsplash, and large stainless-steel sink with garbage disposal. The back patio is covered and the yard is fenced. The doors in the house are 36 in wide for easy access.

952 Crosby Lane, Spring City
25682 Rhea County Hwy, Spring City
$225,000
2 Beds ⋅ 2 Baths ⋅ 1357271 MLS
Great attention to detail has gone into this beautifully remodeled 2-bedroom, 2-bathroom home situated on 1.67 acres! This property has been completely updated inside and out, offering modern finishes and peace of mind for its next owner. Updates include brand-new bathrooms, a new kitchen with new appliances, new doors and windows, updated electrical and plumbing, a new roof, vinyl siding, and a new HVAC system. With extensive renovations throughout and plenty of land to enjoy, this move-in-ready home offers the perfect blend of comfort, style, privacy, and functionality.

25682 Rhea County Hwy, Spring City
385 Hidden Forest Tr, Spring City
$479,000
3 Beds ⋅ 3 Baths ⋅ 1357234 MLS
Lake life, without the lakefront price tag. Set among more than 2 acres of rolling Tennessee countryside, this beautiful basement ranch offers space, privacy, and plenty of room to enjoy the outdoors--plus your own deeded access boat slip on Watts Bar Lake. With 3 bedrooms, 3 full baths, a bonus flex space, and two separate living areas, there is room for both everyday living and weekend guests. The main level features a 2-car garage, while the basement offers a workshop with a full-size garage door--perfect for hobbies, projects, or extra storage. When it's time to get on the water, your deeded slip at the community dock makes boating easy. Located on the main channel of Watts Bar Lake, Rivermyst offers convenient access to full-service marinas, waterfront restaurants, and local lake hangouts. Spend the morning on the water, come home to the quiet of your own acreage, and enjoy the simple pace of small-town lake living. Just an hour from Knoxville or Chattanooga, Spring City offers a charming mix of boutique shops, a summer farmers market, community festivals, local restaurants, grocery stores, medical offices, and more. Located in the gated Rivermyst subdivision, this property offers private roads, underground electricity, sensible restrictions, security cameras, and a community dock. If you've been dreaming of Watts Bar Lake living, boating, acreage, and room to breathe--without paying a premium for a lakefront home--this may be the lake retreat you've been waiting for.

385 Hidden Forest Tr, Spring City
141 Norman Creek Rd, Evensville
$235,000
3 Beds ⋅ 2 Baths ⋅ 1357171 MLS

141 Norman Creek Rd, Evensville
395 Cemetery Rd, Dayton
$145,000
3 Beds ⋅ 2 Baths ⋅ 1356977 MLS
3 Bedroom 2 Bath house just outside of Dayton city limits. With over 1200 square feet this home is a blank canvas for the new owner. Great location to call home or to rent out. Schedule your showing today!

395 Cemetery Rd, Dayton
2595 Walkertown Rd, Dayton
$390,000
1356795 MLS
Private East Tennessee retreat on nearly 3 acres! This well-maintained 3-bedroom, 2-bath home offers the perfect blend of comfort, privacy, and country living. Inside, you'll find a spacious living area with a wood-burning stove, granite countertops, oak cabinetry, newer appliances, and a gas cooktop. The primary suite features private deck access and an ensuite bath. Major system updates provide peace of mind, including a new roof (April 2025), new HVAC system (September 2025), and new gas water heater (May 2025). Additional highlights include a 3-car garage, fiber optic internet, leaf guards, and unfinished upstairs space ready for future expansion. Enjoy peaceful views and the privacy of country living while remaining just minutes from downtown Dayton. A rare opportunity to own usable acreage with room to grow. Eligible buyers may assume the VA loan at an incredible 3 percent interest rate.

2595 Walkertown Rd, Dayton
171 Matthew Lane, Dayton
$369,000
3 Beds ⋅ 3 Baths ⋅ 1356455 MLS
New Roof - New HVAC - New Flooring on Main - Freshly Painted - On a Full Basement all sitting on a Quiet Culdesac Lot. This Lovely 2 story home nestled in the Mountains of Dayton Tn offers large open spaces. The kitchen has plenty of prep space, breakfast bar & a large eating area plus formal dining. Great room offers lots of space for entertaining or just the family around the cozy fireplace. Upstairs the Primary Suite has a private Bath and space for King furnishings. Also fine 2 large secondary suites and a nursery/office/kids nook upstairs. Don't miss the Terrace Level finished with a huge bedroom plus a Flex room in home gym space. The Double sundecks are perfect for watching the kids play or the deer roam. Our Beautiful Tennessee Mountains are calling you so come over today for a personal tour of the wonderful home.

171 Matthew Lane, Dayton
448 Sable Rd, Spring City
$339,000
3 Beds ⋅ 2 Baths ⋅ 1356080 MLS
Single level living in the desirable Sable Hills neighborhood at an unbeatable price! This 3 bedroom, 2 bathroom home has been tenderly loved and cared for and has so much to offer. In addition to the traditional living space, there is a formal dining area currently being used as an extra sitting room, a sunken oversized den with a river rock fireplace, and a screened in porch off the dining room. The yard is completely level, private, beautifully landscaped and has an outdoor fire-pit. There is a detached 2 car garage with a a bonus workshop area with electric, perfect for all your tools and hobbies. HVAC was replaced in 2023. The bones are strong and has the warm inviting feeling of HOME

448 Sable Rd, Spring City
1241 Upper Cove Loop, Dayton
$64,900
4 Beds ⋅ 2 Baths ⋅ 1356070 MLS
Surrounded by mature trees and peaceful woodland views, this property offers the privacy and tranquility of country living while providing the space to create the lifestyle you've been dreaming of. Step outside and enjoy the serenity of your own wooded retreat. The sloping lot provides a beautiful natural setting with endless possibilities for gardening, recreation, outdoor entertaining, or simply relaxing and enjoying the sights and sounds of nature. A gravel driveway offers convenient parking, while electricity, a septic system, and well water are already connected. Plus, a water line is in place for an easy future connection to city water if desired. With no restrictions, you'll have the flexibility to make this property your own whether you're looking for a full-time residence, a weekend getaway, or an investment opportunity. If you've been searching for affordable acreage, privacy, and the freedom to live life on your terms, this is a property you won't want to miss.

1241 Upper Cove Loop, Dayton
524 Old Rhea Springs Rd, Spring City
$259,900
3 Beds ⋅ 2 Baths ⋅ 1355842 MLS
Check out this Property !!! Large doublewide home on permanent foundation in immaculate condition. Huge front porch, Large back deck connected to the pool, double carport, sitting on over 2 pancake flat acres. This home with 3 bedroom 2 bath has open living area, good sized bedrooms, split bedroom design, new roof, new HVAC, new water heater !! Oversized kitchen with all appliances, island, and plenty of cabinet and counter space. Dont let this pass you by without looking !! Buyer to verify all pertinent information

524 Old Rhea Springs Rd, Spring City
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