Lakewood Homes under $500,000

Lakewood Homes under $500,000

Welcome to Lakewood, Tennessee – a hidden gem nestled in the heart of the Volunteer State, where serene living meets vibrant community life. Just a stone’s throw from the bustling city of Nashville, Lakewood offers a perfect blend of suburban tranquility and urban convenience. This picturesque subdivision is characterized by its lush landscapes, friendly neighborhoods, and a strong sense of community, making it an ideal place for families, retirees, and young professionals alike.

One of the most appealing aspects of Lakewood is its diverse selection of homes, particularly those priced under $500,000. Here, you can find charming residences that cater to various lifestyles, from cozy single-family homes to modern townhouses. Each property is thoughtfully designed, boasting spacious interiors, inviting outdoor spaces, and access to local amenities. Imagine sipping your morning coffee on a sun-drenched porch or hosting weekend barbecues in your backyard – Lakewood provides the perfect backdrop for creating lasting memories.

The community is also rich in recreational opportunities, with nearby parks, walking trails, and beautiful lakes that invite outdoor enthusiasts to explore nature. With excellent schools, shopping centers, and dining options just minutes away, Lakewood ensures that all your needs are met, making it a wonderful place to call home.

Whether you're a first-time buyer or looking to downsize, Lakewood offers an array of affordable housing options under $500,000, allowing you to invest in your dream home without breaking the bank. Discover the charm of Lakewood, where comfort and community come together to create the perfect living environment.

Newest Lakewood Homes under $500,000

16211 Lakewood Dr, Sale Creek
$285,000
2 Beds ⋅ 1 Baths ⋅ 3312760 MLS ⋅ ACTIVE Status ⋅ 0.74 Acres ⋅ 37373 Zip Code ⋅ 1,700 SqFt.
Welcome to your opportunity to own an affordable Tennessee River retreat with water access, lake views, and endless possibilities. Situated on two parcels totaling approximately 0.74 acres in the peaceful lake community of Sale Creek, this unique property offers an existing home, private dock, and room to create your ideal waterfront lifestyle. The 2-bedroom, 1-bath home with a basement sits on approximately 0.58 acres, elevated to capture beautiful water views while offering privacy and space to relax or expand. The basement provides excellent storage for boats, kayaks, fishing gear, or workshop space. Utilities are already in place with a well servicing the home and city water available, making this property ready to enjoy as a full-time residence, vacation rental, or future custom lake home. Just across quiet Lakewood Drive, the additional 0.16-acre waterfront parcel features a private dock in a protected inlet with reliable summer water levels and direct access to the Tennessee River. Spend your days boating, kayaking, paddleboarding, fishing, or simply relaxing by the water. There's plenty of room to create an outdoor entertaining area with a fire pit, picnic space, storage building, or future boathouse. This is the perfect summer vacation home for water enthusiasts or a peaceful year-round retreat for nature lovers who want to enjoy the beauty of the Tennessee River every season. By water, you're just a short ride to Chester Frost Park, Chickamauga Lake, and Sale Creek Recreation Area, while remaining conveniently located only 20 minutes from Soddy-Daisy and Dayton and 45 minutes from downtown Chattanooga. Properties offering a home, basement, private dock, water access, lake views, and two separate parcels are increasingly rare. Enjoy the home as it is, renovate it into your dream lake cottage, or build your custom waterfront retreat. Property includes parcels 016OB025 and 016OA006 (both sides of Lakewood Drive).

16211 Lakewood Dr, Sale Creek

2415 Yellowood Ct Nw, Cleveland
$474,000
5 Beds ⋅ 4 Baths ⋅ 3128978 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 0.4 Acres ⋅ 37312 Zip Code ⋅ 3,720 SqFt.
Located in the highly desirable Lakewood Subdivision, this beautiful 3,778 square foot, 5-bedroom, 3.5-bath home offers space, quality, and a layout designed for comfortable living. With two primary suites, it's ideal for multi-generational living or anyone who loves extra room to spread out. The main level was expanded and completely updated in 2008 and features stunning black walnut hardwood floors, an open floor plan, and a gorgeous mountain stone gas log fireplace that creates a warm and inviting focal point. The oversized family room with plantation shutters flows beautifully into the formal living and dining areas, making this the perfect home for entertaining. The updated kitchen includes granite countertops, stainless steel appliances, updated lighting, and a bar area for gathering. Step outside to the spacious side deck — ideal for hosting friends, grilling out, or enjoying a quiet evening. The primary suite serves as a private retreat featuring a newer luxury shower, jetted tub, commode, vanity, updated flooring, and added storage cabinets. Additional highlights include three HVAC units, newer windows, fresh paint, a sprinkler system, and a 3-car garage. Lakewood residents enjoy wonderful amenities including a basketball court, playground, and three fishing ponds. Conveniently located close to schools, shopping, restaurants, and the hospital, this is a must-see home that offers comfort, space, and a lifestyle you'll love.

2415 Yellowood Ct Nw, Cleveland

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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.

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