Spencer Homes under $400,000

Welcome to Spencer, Tennessee, a hidden gem nestled in the heart of Van Buren County. Known for its picturesque landscapes and welcoming community, Spencer offers a serene lifestyle that perfectly balances small-town charm with modern conveniences. With its lush green hills and tranquil lakes, the city is an outdoor enthusiast's dream, providing ample opportunities for hiking, fishing, and exploring the stunning natural beauty that surrounds it.

One of the most appealing aspects of Spencer is its affordability, particularly when it comes to housing. For homebuyers seeking a cozy abode without breaking the bank, there are numerous homes available for under $400,000. These properties offer a variety of styles and sizes, catering to diverse needs and preferences. Whether you’re looking for a quaint cottage, a spacious family home, or a charming farmhouse, Spencer has something to fit your vision of the perfect home.

The community spirit in Spencer is palpable, with friendly neighbors and local events that bring residents together. Enjoy the vibrant local culture, featuring farmers' markets, festivals, and a strong sense of camaraderie that makes you feel right at home. Plus, with easy access to nearby cities, you can enjoy the tranquility of rural living while being just a short drive away from urban amenities.

If you’re in search of a place that offers both affordability and a high quality of life, Spencer, TN, is the ideal destination. Explore the charming homes under $400,000 and discover your dream home in this delightful community today!

Newest Spencer Homes under $400,000

$164,900

3 Beds ⋅ 2 Baths ⋅ 3620747 MLS ⋅ ACTIVE Status ⋅ 0.35 Acres ⋅ 38585 Zip Code

FREE APPRAISAL! PLUS YOUR CHOICE WITH PREFERRED LENDER: AN INTEREST RATE AS LOW AS 5.5% OR ALL CLOSING COSTS PAID ON THIS BRAND NEW 3 BEDROOM, 2 BATH MOBILE HOME WITH BONUS FLEX SPACE! This affordable home has everything you need for comfort and easy maintenance. Situated in the heart of Spencer on a .35 acre lot with city sewer, public water and fiber optic internet available. . This 1140 sq. ft. home features a large open concept kitchen and living area, new appliances, new HVAC, front and back porches, large en-suite primary bedroom and bath, 2 generous guest rooms and one flex space perfect for an office or play room. Check out the great split bedroom floorplan, kitchen island and handy laundry room. Easy access to Hwy 111 makes this home super convenient to Sparta, Cookeville, McMinnville and Chattanooga while maintaining the small town charm of the friendly city of Spencer. Call today today to see if you qualify; home ownership may be more than just a dream! The property conveys with manufacturer one year warranty . Buyers should verify all information in order to make an informed offer.

852 Old Dunlap St, Spencer

5727 Cane Creek Cummingsville Rd, Spencer

$185,000

3 Beds ⋅ 3 Baths ⋅ 3545099 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 1 Acres ⋅ 38585 Zip Code

Mountain views are ready to welcome you home at 5727 Cane Creek Cummingsville Rd, and inside you'll find 1,568 square feet of comfortable living with 3 bedrooms and 3 baths. Open living, dining and kitchen areas make everyday life easy and entertaining a breeze. Need a home office or a quiet den? The flex space has you covered. The kitchen has been updated with cabinets and tiled backsplash, ready for you to make it your own, and new flooring flows throughout the home. The primary suite offers a true retreat with a large bath and closet. Step outside to a large covered front porch made for morning coffee, plus an outbuilding and above ground pool for summer days spent right at home. Cane Creek runs right behind the property, offering great fishing and kayaking just steps from your back door, and you're just 1.5 miles from Fall Creek Falls State Park. With mountain views, creek access, and a state park just down the road, this is Tennessee living at its best.

5727 Cane Creek Cummingsville Rd, Spencer

$325,000

3 Beds ⋅ 2 Baths ⋅ 3544950 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 12 Acres ⋅ 38585 Zip Code

Welcome to your own slice of Tennessee Country Living! Nestled on Approximately 12 Acres in Spencer, this charming brick home offers privacy, space, and the opportunity to enjoy a quieter way of life while still having the convenience of public water, sewer and natural gas. Inside you'll find three bedrooms and two full baths, an updated kitchen with gas range, pantry and plenty of room to make the home your own. Recent improvements including new windows, new water heater, covered front porch and durable metal roof - add comfort and value. A full basement provides an abundance of additional storage and flexible space for hobbies, a workshop, or whatever suits your needs. But the property is where the home really shines, Step outside and you'll find room to garden, grow, explore and simply enjoy outdoors. Apple, peach and pear trees are already established, along with a fenced garden area and a unique small greenhouse ready for the next growing season. A separate fenced area provides space for pets, while two storage building with electricity offer excellent options for tool, equipment, hobbies or workshop space. Whether you're dreaming of a homestead, looking for room to spread out, or simply want a peaceful place surrounded by nature, this property offers possibilities that are increasingly hard to find. Twelve acres, a solid brick home, useful outbuildings, established fruit trees, and space to create the lifestyle you've been looking for - all waiting for its next chapter.

12779 State Route 111, Spencer

$349,900

3 Beds ⋅ 2 Baths ⋅ 3542849 MLS ⋅ ACTIVE Status ⋅ 2.7 Acres ⋅ 38585 Zip Code

Welcome to this charming 3-bedroom, 1.5-bath brick home situated on 2.7 peaceful acres within the city limits, offering the convenience of town with the privacy of a quiet country setting. This well-maintained home features numerous updates, including a new metal roof, a new front door, a new dishwasher, and beautiful new hickory flooring throughout the main living areas. The spacious kitchen offers real wood cabinetry and a large pantry, providing plenty of storage. Relax on the front porch while overlooking a beautiful pond that's home to geese and ducks. The property is filled with mature fruit and nut trees, along with beautiful perennial plants that provide color and charm throughout the seasons. A 24x40 shed offers abundant space for storage, hobbies, or a workshop. Conveniently located right in town, you're within minutes of the grocery store, school, and everyday amenities. Enjoy being just a short drive from several state parks, including Fall Creek Falls and Rock Island. With easy access to Nashville, Chattanooga, and Knoxville, this property combines the charm of small-town living with a central location ideal for commuting or weekend getaways.

294 Little Falls St, Spencer

$214,999

2 Beds ⋅ 2 Baths ⋅ 3514222 MLS ⋅ ACTIVE Status ⋅ 0.77 Acres ⋅ 38585 Zip Code

Tucked away on 0.77 wooded acres, 582 Spencer Dr offers a peaceful setting and plenty of room to enjoy the outdoors. This 1,512 sq. ft. home features a unique and flexible layout with one bedroom and one full bath on the main level, plus an additional bedroom, full bath, and bonus living space downstairs. The main level offers a spacious living room, dining area, and large kitchen with abundant cabinetry, while the finished lower level provides plenty of possibilities for guests, a home office, recreation space, or additional living area. Outside, enjoy a covered front porch, level yard space surrounded by mature trees, a detached outbuilding for additional storage, and your own wooded creekside setting. With a metal roof, generous living space, and a property that offers both usable yard and natural beauty, this Spencer home has plenty of character and potential.

582 Spencer Dr, Spencer

$110,000

3 Beds ⋅ 2 Baths ⋅ 3287857 MLS ⋅ ACTIVE Status ⋅ 4.16 Acres ⋅ 38585 Zip Code

Move in ready! Seller’s are eager to move close to their new grandbaby! This beautiful wooded property offers 4.16 acres that go beyond the creek at the back of the property. All but one small portion of the of the interior of the home has been freshly painted. In 2026 the LVP floors were completed. New Stainless Steel Kitchen Appliances purchased in October of 2025 including dishwasher, stove, refrigerator, and microwave. The dishwasher is not hooked up. Also conveying with the home is a TV, washer & dryer, 16x10 outdoor storage building, outdoor swing, and outdoor patio furniture. The five year old HVAC unit was serviced and cleaned in 2026. Hot water heater installed in November 2025. Both bathrooms have a new toilet with the full bath offering a new sink. The half bath tub was removed when the new floor was installed and was never replaced. The buyer can easily replace it with a new tub for a full bath. The faucet is still in place. The front door installed in October of 2025, back door of the home installed June of 2026. In July 2026 new steps on the back deck were installed and a few boards were replaced on the back deck. The third bedroom currently being used as a sewing room has a crack in the outside pane of the double pane window. Home is being sold as is. All inspections are welcome. Only 5.9 miles to Fall Creek Falls State Park, Approximately 13 miles to Walmart in Sparta, 31 miles to Cookville & 23 miles to McMinnville.

742 Captain Carter Rd, Spencer

$239,900

3 Beds ⋅ 2 Baths ⋅ 3282405 MLS ⋅ ACTIVE Status ⋅ 0.95 Acres ⋅ 38585 Zip Code

Unlock the potential of this charming home and make it your own! Featuring 3 bedrooms and 1.5 baths, this inviting property offers a spacious living room and a generous dining area, perfect for everyday living and entertaining. With approximately 1,660 square feet of main-level living space (per tax records) and an additional 1,564 square feet of unfinished basement, there’s plenty of room to grow and customize. Inside, you’ll be welcomed by warm wood-finished walls and ceilings that create a cozy, cabin-inspired ambiance full of character. The dry, unfinished basement provides excellent storage! The home’s full brick exterior and paved circular driveway offer timeless curb appeal, while the enclosed former garage—currently set up as a beauty shop—adds incredible versatility. Whether you envision a home business, creative studio, office, or additional living area, this flexible space adapts to your lifestyle. With a little updating, this property can truly shine—offering the perfect blend of charm, space, and opportunity in a desirable setting.

266 Sparta St, Spencer

$210,000

4 Beds ⋅ 2 Baths ⋅ 3251778 MLS ⋅ ACTIVE Status ⋅ 1.43 Acres ⋅ 38585 Zip Code

Opportunity knocks with this 1,350 sq. ft. home sitting on a prime 1.43-acre parcel! Featuring a perfect blend of cleared yard and a half-wooded backdrop, this property offers incredible potential for a profitable flip, expansion, or your permanent home. The generous acreage provides ample space for a large driveway, detached workshop, or gardens. Bring your vision and capitalize on the strong bones and scenic privacy this unique lot affords.

211 Church St, Spencer

$65,000

2 Beds ⋅ 1 Baths ⋅ 3245892 MLS ⋅ ACTIVE Status ⋅ 1.37 Acres ⋅ 38585 Zip Code

Enjoy the freedom of country living with this 1.37-acre property that is ready-to-use with improvements already in place just a short drive from Fall Creek Falls State Park. The property is completely clear and ready to build, making it an ideal location for your future home, weekend getaway, or recreational retreat. A septic system and electricity are already installed, helping save time and expenses as you plan your future use of the property. A 24x12 outbuilding provides excellent storage for tools, equipment, or recreational gear. With Fall Creek Falls nearby, you'll have easy access to hiking trails, waterfalls, fishing, boating, swimming, camping, and some of Tennessee's most beautiful scenery. So, whether you're looking for a private retreat, a place to enjoy the beautiful scenery, or a property ready for your dream home, this versatile tract offers plenty of possibilities. Don't miss this opportunity to own a property with valuable improvements already in place and a blank canvas to make your own vision come to life! Call 931-316-9645 to set up your showing today.

1311 Hillis Cemetery Rd, Spencer

$219,900

3 Beds ⋅ 2 Baths ⋅ 3243156 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 2.2 Acres ⋅ 38585 Zip Code

Three-bedroom, two-bathroom home situated on a nice private lot offering privacy and plenty of space to enjoy. Inside, you’ll find a spacious layout with an abundance of living space, providing room for family gatherings, entertaining, or everyday comfort. The large kitchen and living areas create a welcoming atmosphere, while the extra-large back deck is perfect for relaxing, grilling, or enjoying the peaceful surroundings. Energy-efficient HVAC system and hot water heater help keep utility costs in check. A great opportunity to own a comfortable home with plenty of indoor and outdoor living space.

67 Medical Cir, Spencer

$278,900

3 Beds ⋅ 1 Baths ⋅ 3230714 MLS ⋅ ACTIVE Status ⋅ 1 Acres ⋅ 38585 Zip Code

Enjoy small-town living with big outdoor adventure nearby! Located just minutes from Fall Creek Falls State Park, one of Tennessee’s premier destinations for hiking, waterfalls, camping, golf, & fishing. Nearby you’ll also find Center Hill Lake, Rock Island State Park, Burgess Falls, & the scenic Caney Fork River, offering endless opportunities for boating, kayaking, fishing, & exploring the natural beauty of the Cumberland Plateau. This Like-new home situated on a spacious 1-acre lot offers comfort, privacy, & room to grow. A welcoming covered front porch sets the tone for this well-maintained, quality-built property. Enjoy outdoor living with a covered 200 sq. ft. deck just off the kitchen - perfect for entertaining or relaxing year-round. Located in the heart of Spencer, this property offers a great opportunity for homeownership just minutes from schools, downtown, & everyday amenities. Pride of ownership reflected throughout & move-in ready.

781 Sparta St, Spencer

$289,000

2 Beds ⋅ 2 Baths ⋅ 3208156 MLS ⋅ ACTIVE Status ⋅ 0.51 Acres ⋅ 38585 Zip Code

Brand new constructed home in a peaceful wooded setting within the city limits of Spencer! This beautifully built 2 bedroom, 2 bathroom home offers the perfect blend of modern craftsmanship, privacy, and scenic surroundings. Enjoy seasonal bluff views from the spacious 16x20 back deck, where fall and winter bring stunning natural scenery right to your backyard. The deck is constructed with MoistureShield decking and includes a stain warranty along with a 50-year structural warranty for long-lasting durability. Inside, the custom-built kitchen is designed to impress with quartz countertops, quality cabinetry, and all Whirlpool stainless steel appliances included. The primary bathroom also features matching quartz countertops, giving the home a clean and upscale finish throughout. The partially finished 28x30 basement/garage adds valuable extra space for a recreation area, workshop, storage, or future expansion, as well as everyday convenient. Built for beauty and longevity, the exterior features Everlast siding and trim with a 50 year transferable warranty (with notification within 45 days after closing). Afco columns and railings on the back deck also have a lifetime structural warranty. Seller provided 1 year builder warranty. This new construction home offers the rare opportunity to enjoy quiet wooded living with modern finishes and low-maintenance durability — all while being conveniently located within the city limits.

484 Spencer Dr, Spencer

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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.

Spencer Homes under $400,000

Newest Spencer Homes under $400,000

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