Knoxville Real Estate Search

Knoxville Properties between $500,000 and $600,000 for Sale

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Newest Knoxville Properties between $500,000 and $600,000 for Sale

$549,000
3 Beds 2 Baths 1331138 MLS
Turnkey Investment | Fully Furnished | STR Approved | Prime UTK Location **Seller offering $3,500 credit to pay for 2 onsite garage parking spaces** Exceptional investment opportunity in the heart of downtown Knoxville! This fully furnished 3-bedroom, 2-bath condo was leased to University of Tennessee students through July 31, 2026, generating $3,600 per month in rental income, tenants were paying below-market rent, providing the next owner with the opportunity to increase rental income. Approved for short-term rentals, this property offers outstanding flexibility--continue leasing to UT students, operate as a short-term rental, or secure premier housing for your own future Vol while building equity. This rare ground-floor unit at University Tower Condominiums features direct access to the community pool, making it especially desirable for both long-term tenants and short-term guests. Inside you'll find durable tile and luxury vinyl plank flooring throughout, a spacious and functional layout, an in-unit washer and dryer, and the convenience of being sold completely furnished--making it truly move-in or rent-ready. Garage parking is available, a valuable amenity in downtown Knoxville that adds convenience for residents and guests alike. Located at 1700 Clinch Avenue, just steps from the University of Tennessee campus, Cumberland Avenue, restaurants, shopping, nightlife, and downtown Knoxville favorites including Market Square, World's Fair Park, and Neyland Stadium. This is excellent UT student housing and an exceptional opportunity for investors seeking reliable rental income or parents looking to purchase a home for their student while building long-term equity. With immediate income, future rental upside, STR approval, and one of the best locations near campus, this property offers the perfect combination of convenience, flexibility, and investment potential.

1700 Clinch Ave Unit 108, Knoxville

$562,900
3 Beds 3 Baths 1330382 MLS
Expansive 2-Acre Retreat with Income Potential Discover a rare opportunity in the prestigious Holston Hills area. This expansive 2-acre corner lot property offers the perfect balance of natural beauty, privacy, and unbeatable access to downtown Knoxville. With just a little TLC, this diamond in the rough is ready to become a truly special home. Key Features: Charming Living Spaces: Built in 1979, the main home features rich Brazilian hardwood floors and a warm, inviting atmosphere. The heart of the house is a stunning stone fireplace with a wood-burning stove powerful enough to heat the entire home. Chef's Kitchen: Enjoy cooking in an updated kitchen equipped with custom hardwood cabinets and a high-end commercial-grade range. Flexible Utilities: Benefit from the unique convenience of having access to both city and well water. Multi-Generational & Income Potential: The partially finished basement offers significant flexibility. One side includes three bedrooms and a bathroom, while a unique addition beneath the front porch functions as a fully equipped studio apartment. This space is ideal for in-laws, guests, or rental income--it just needs your cosmetic finishing touches. Durability & Storage: A 7-year-old metal roof ensures lasting durability. The property also includes a large storage building for tools and equipment, plus a bomb shelter. Ample Parking: Plenty of off-road parking is available to accommodate multiple vehicles. Situated minutes from major interstates and the city center, this property is a peaceful retreat with tremendous potential for expansion or development. Whether you are looking for a forever home to customize, a savvy investment, or a mix of both, this Holston Hills estate is ready to fulfill your vision.

3205 Holston Hills Rd, Knoxville

$599,999
3 Beds 2 Baths 1329165 MLS
This updated, cozy, and charming home with year round lake views is the perfect retreat for anyone looking to simplify life without sacrificing comfort or a connection to nature. Recent updates include all new flooring, lighting, interior doors, and fresh interior and exterior paint. The stunning kitchen features new cabinetry, granite countertops, a glass tile backsplash, and all new stainless steel appliances, while the bathrooms have been tastefully updated with new vanities and modern finishes. Thoughtfully designed for downsizing, minimalist living, or anyone dreaming of an acre of land to start their own homestead, this home embraces efficient and comfortable living with inviting spaces that are easy to maintain and enjoy. Outside, the property truly shines for homesteaders and garden lovers alike. With a full acre of usable land, there's plenty of room for raised garden beds, fruit trees, pollinator gardens, or creating your own self-sufficient lifestyle. Whether you enjoy watching the train go by from the porch, relaxing with a cup of coffee in the screened-in patio, harvesting from your garden, or simply slowing down to enjoy the simple things, this property offers the ideal setting. Adding to its charm, a scenic walking trail will be coming soon behind the property that leads directly to McFee Park, giving you easy access to beautiful green space, walking paths, recreation, and community events -- all while still enjoying the peace and privacy of your own little homestead haven. Cute, cozy, and full of possibility, this updated gem is perfect for those ready to embrace intentional living and a closer connection to the outdoors.

12409 Boyd Station Rd, Knoxville

$557,500
2 Beds 2 Baths 1321890 MLS
Experience the best combination of value and location downtown at Sterchi Lofts. Enjoy urban living at its finest in this beautiful 2-bedroom, 2-bath condo located in the heart of Downtown Knoxville. Nestled in the historic Sterchi Lofts, level L supports only 4 total units on the entire floor and is also ground level on the back side of the building making moving furniture and unloading groceries easier than on other floors. This home puts you within walking distance of the Tennessee Theatre, Market Square, Old City, and the exciting new Smokies baseball stadium. You're also just minutes from the University of Tennessee campus and the vibrant South Knoxville riverfront. Step inside to an open-concept floor plan filled with natural light from the large living room window that is one of the few units downtown with views of trees and grass instead of brick and concrete. The 2nd bathroom was remodeled and updated. This unit also is wired for AT&T fiber optic, ideal for remote work or streaming. Residents enjoy access to the on-site fitness center which is conveniently located on the same floor and a rooftop deck offering stunning views of the Knoxville skyline, the Great Smoky Mountains, and the new baseball stadium. Enjoy the ultimate downtown lifestyle with Knoxville's best restaurants, bars, and entertainment right outside your door. Outdoor lovers will appreciate hiking and biking over 30 miles of greenways, boating and kayaking at Volunteer Landing, as well as the trails, ropes course and quarry at the nearby Ijams Nature Center. Don't miss this opportunity to own in the heart of downtown, in one of Knoxville's most centrally located buildings. *Bathroom mirrors do not convey. Buyers to verify square footage. Additional storage available to rent separately.

116 S Gay St Unit L101, Knoxville

$540,000
4 Beds 3 Baths 1314043 MLS
PRICE IMPROVEMENT. Seller is offering $10,000 concession with an acceptable offer and it can be used at buyer's discretion. Additionally, a 1% (of the loan amount) lender credit from Responsive Mortgage with details listed below. Responsive Mortgage is also extending a substantial closing cost credit equivalent to 1% of the loan amount when you secure financing through Responsive Mortgage. The 1% of the loan amount can be used for rate buy down or lender credits specifically for this home.(Gold Star Mortgage Financial Group, Corporation, NMLS #3446, Equal Housing Lender. This is not a commitment to lend, and restrictions may apply) Welcome to your dream home in the highly sought-after Hardin Valley Community! This well-maintained home perfectly blends comfort, style, and convenience with its spacious 3 bedrooms, 2.5 bathrooms, and an expansive oversized BONUS room that can easily serve as a 4th bedroom, home office, media room, or playroom, offering endless possibilities to suit your lifestyle. Enjoy access to the Massey Creek pool for a minimal fee when you purchase this home. Relax poolside, soak up the sun, or unwind in the picnic area--perfect for making the most of warm days. Situated just minutes from Turkey Creek, you'll enjoy close proximity to premier shopping, dining, breweries, top-rated schools, medical centers, golf courses, and a variety of entertainment options. Commuters will love the seamless access to the interstate, making daily travel effortless. Step inside to an open floor plan filled with natural light, ideal for entertaining and family gatherings. The gourmet kitchen is the heart of the home, featuring granite countertops, stainless steel appliances, a stylish tile backsplash, and a spacious walk-in pantry that provides ample storage. The large kitchen island offers additional prep space and seating, making it perfect for casual meals and socializing. A conveniently located half bath off the kitchen provides comfort for your guests. The inviting living room boasts a cozy gas fireplace, creating a warm and welcoming atmosphere. Picture yourself curling up by the fire on a chilly night with a good book or your favorite series. Adjacent to the living area, the elegant formal dining room is a showstopper with stunning coffered ceilings, crown molding, wainscoting, recessed lighting, and soaring nine-foot ceilings that add a sophisticated touch to every meal. Retreat to the expansive primary suite, where a tray ceiling adds architectural charm. The luxurious en suite bathroom offers a spa-like experience with dual granite vanities, a relaxing whirlpool tub, and a beautifully tiled shower with a glass enclosure. The second level features two additional spacious bedrooms and a full bathroom, providing ample room for family or guests. Additional highlights include a tankless hot water heater for endless hot water, a full-yard irrigation system to keep your lawn lush and green, and a six-foot wooden privacy fence, perfect for children and pets. With low annual HOA dues, this home offers incredible value in one of Hardin Valley's most desirable communities. Don't miss your chance to call this stunning property home. Schedule your private showing today!

12210 Deer Crossing Drive, Knoxville

$589,900
4 Beds 3 Baths 1313119 MLS
* Back on market due to buyer's home sale contingency falling through. * Stunning New Construction that is move in ready on a cul-de-sac street! This home features 4 bedrooms and 3 full baths plus a bonus room all situated on a level lot. High end finishes include composite siding and stone exterior, 9 ft ceilings, wide plank hardwood flooring throughout main level, gas fireplace with decorative design and tile surround. The kitchen is sure to impress with the spacious island, gas range, custom hood, granite countertops, stainless steel appliances, under cabinet lighting, and soft close cabinets. Luxury primary suite with tray ceiling, custom walk-in tile shower with multiple shower heads, double sink vanity, tile floors, and a huge walk-in closet. Guest bathroom features a tub with tile surround, tile floors, and granite countertop. This home has an oversized patio, half of which is covered and screened -- perfect for relaxing or entertaining. The main level includes 3 bedrooms, 2 baths, and the laundry room with no steps leading in from the garage or front porch. Upstairs offers a spacious bonus room, 4th bedroom, and 3rd full bathroom. Generous lot size. Utility water, sewer, and natural gas. County taxes only! HOA is $250 per year. One year builder warranty. Convenient location off Strawberry Plains exit only 10 mins to downtown Knoxville and short drive to Sevierville or Morristown! Tax amount reflects lot only.

7618 Drake Lane, Knoxville

$535,000
4 Beds 3 Baths 1291386 MLS
This home has a VA Assumable loan for a 5.25% Interest Rate for qualified buyers. (Buyer to verify if they qualify). Nestled in the Everett Woods community of Hardin Valley, this stunning 4-bedroom, 2.5-bath home offers modern elegance and convenience. Just three years old, the home features a versatile flex room at the entrance—perfect for a formal dining room or home office—leading to a stylish coffee/wine bar. The kitchen is a chef's dream, boasting quartz countertops, a gas range, stainless steel appliances, a spacious pantry, and a large island with extra storage. The open-concept design seamlessly connects the kitchen to a dining area and a bright living room with a soaring cathedral ceiling and a cozy gas fireplace. Upstairs, you'll find four spacious bedrooms, three of which include generous walk-in closets. The primary suite is a true retreat, complete with a large walk-in closet and an ensuite bath featuring dual sinks, a soaker tub, and a tiled step-in shower. A convenient second-floor laundry room—with a laundry sink—keeps daily routines efficient. Enjoy the neighborhood's top-tier amenities, including an in-ground pool and sidewalks for leisurely strolls. This home offers the perfect blend of style, comfort, and community in Hardin Valley! ***The lender has stated that the current loan is assumable at 5.25% interest. Buyer to verify. Information deemed reliable, not guaranteed.***

1106 Cedar Break Drive, Knoxville

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