Calhoun Homes under $500,000

Welcome to Calhoun, Tennessee – a hidden gem nestled in the heart of McMinn County. This charming town offers a delightful blend of small-town charm and vibrant community spirit, making it an ideal place to call home. With its picturesque landscapes and friendly atmosphere, Calhoun is perfect for families, retirees, and everyone in between.

One of the most enticing aspects of Calhoun is its affordability. The real estate market here boasts a variety of homes priced under $500,000, making it accessible for first-time homebuyers and those looking to downsize without sacrificing quality or comfort. Whether you’re in search of a cozy cottage, a spacious family home, or a modern ranch-style residence, you’ll find an array of options that fit your needs and budget.

Living in Calhoun means you can enjoy the tranquility of rural living while still being close to urban amenities. The town is conveniently located near larger cities like Athens and Cleveland, providing easy access to shopping, dining, and entertainment. Outdoor enthusiasts will appreciate the nearby parks and recreational areas, perfect for hiking, fishing, and enjoying nature’s beauty.

Community events and local festivals are frequent in Calhoun, fostering a strong sense of belonging among residents. The town’s warm and welcoming atmosphere makes it easy to connect with neighbors and build lasting friendships.

If you’re looking for a place that combines affordability, community, and scenic beauty, Calhoun, TN, is the perfect destination for your next home. Explore the real estate options available today and discover why so many are choosing to make Calhoun their home sweet home!

Newest Calhoun Homes under $500,000

$449,900

3 Beds ⋅ 2 Baths ⋅ 3511037 MLS ⋅ ACTIVE Status ⋅ 0.99 Acres ⋅ 37309 Zip Code

OPEN HOUSE SUNDAY 2-4PM (BY APPOINTMENT ONLY). CALL Your favorite REALTOR and book today! Two structures. Three parcels. Nearly an acre. So many possibilities! Welcome to 153 Sherwood Avenue in the heart of Calhoun, where an approximately 1,012 SF cabin currently operating as a salon immediately sets this property apart. Explore the potential for continued commercial use, short-term rental/Airbnb, guest space, studio/gym, office, or other income-producing opportunities. A ramp is already in place, adding functionality and flexibility. Situated on three parcels totaling 0.99 acres, the 3-bedroom, 2-bath main home offers character, craftsmanship, and generous living space. Inside, you'll find solid birch tongue-and-groove paneling, solid oak hardwood floors beneath the carpet, two spacious sitting rooms, a sunroom overlooking the beautiful yard, and two fireplaces: one gas and one wood-burning. Double-pane Andersen windows, abundant built-in storage, and newer PVC plumbing add practical value. The main home may also offer potential for short-term rental or other income-producing use. Location adds even more appeal. Approximately 15 minutes from the Cleveland Regional Jetport, this property offers convenient access for business travelers and those working throughout the Cleveland/Bradley County industrial corridor. WACKER, Amazon, Wright Brothers, and other major employers are just minutes away, along with Cleveland shopping, dining, and services. Closer to home, enjoy Calhoun's small-town charm with the school, Hiwassee River, and Meadowlands nearby. Live here. Work here. Host here. Invest here. Commercial, short-term rental, and alternative uses are subject to applicable zoning, restrictions, permits, licensing, and approvals. Come explore the possibilities at 153 Sherwood Avenue. Schedule your private tour today!

153 Sherwood Ave, Calhoun

$340,000

5 Beds ⋅ 3 Baths ⋅ 3252164 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 7.58 Acres ⋅ 37309 Zip Code

Welcome to this well-maintained 5-bedroom, 3-bathroom home offering over 2,100 square feet of comfortable living space, set on 7+ acres of private, peaceful land with road footage on 2 different roads with plenty of space to build. This property combines spacious interior living with a variety of outdoor amenities ideal for gardening, hobby farming, or simply enjoying the tranquility of rural life. Interior Features: Open and functional floor plan with abundant natural light Generously sized bedrooms and ample storage throughout Primary suite features a large walk-in shower Updated fixtures and finishes throughout Exterior & Property Highlights: Over 7 acres of mostly usable land, providing privacy and flexibility Established vegetable gardens and productive strawberry patches Functional chicken coop, ideal for homesteading or hobby farming Additional outbuilding for storage or workshop use Plenty of space for recreation, animals, or future expansion This unique property offers the rare opportunity to enjoy country living while still being within reasonable distance of local amenities. Perfect for those seeking a self-sufficient lifestyle or simply a quiet retreat.

145 Pinhook Rd, Calhoun

$185,000

1 Beds ⋅ 1 Baths ⋅ 3243324 MLS ⋅ ACTIVE Status ⋅ 7.36 Acres ⋅ 37309 Zip Code

Looking for land with a little something extra already in place? This Highway 163 property offers a great opportunity for someone looking for acreage with flexibility and room to make it their own. The property includes an existing accessory unit, giving you usable space while keeping the focus on the land and its potential. Whether you're looking for a place to build your future home, create a private retreat, or simply own a piece of East Tennessee, this property gives you options. Conveniently located with easy access to surrounding areas while still offering that country setting so many buyers are looking for. Bring your plans and come see the possibilities this property has to offer!

1541 Hwy 163, Calhoun

$180,000

2 Beds ⋅ 1 Baths ⋅ 3229634 MLS ⋅ ACTIVE Status ⋅ 0.45 Acres ⋅ 37309 Zip Code

Opportunity awaits with this 2-bedroom, 1-bath home nestled on a beautiful 0.45-acre lot. Whether you're searching for your next investment property or a place to customize to your taste, this fixer-upper offers a solid foundation and plenty of possibilities. Also has a 1-car detached garage & a large workshop. Additional 0.74 acre parcel available adjacent on Hiwassee Avenue. Enjoy the large yard, mature surroundings, and room to grow while transforming this property into something special.

118 High St, Calhoun

$195,000

1 Beds ⋅ 1 Baths ⋅ 3228569 MLS ⋅ ACTIVE Status ⋅ 7.36 Acres ⋅ 37309 Zip Code

Escape to the peace and privacy of country living with this unique tiny home situated on 7.36 beautiful acres! Whether you're looking for a weekend retreat, a place to call home, or the perfect setup while building your dream house, this property is ready for you. The cozy tiny home is equipped with two brand-new mini-split units providing efficient heating and cooling year-round. All the essentials are already in place, making it move-in ready from day one. Looking toward the future? There is plenty of space for a second home, and a valid 3-bedroom septic permit is already on file for the property, giving you the opportunity to build a larger home while living comfortably on-site. With plenty of room to roam, enjoy nature, start a mini-farm, create recreational space, or simply enjoy the privacy and freedom that acreage provides. Opportunities like this are hard to find--live comfortably today while building your vision for tomorrow! Schedule your private showing and explore the possibilities this one-of-a-kind property has to offer.

1541 Tennessee 163, Calhoun

Start Your Search

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.

Calhoun Homes under $500,000

Newest Calhoun Homes under $500,000

How much is your home worth?

How much is your home worth?