38581 Homes under $500,000

Welcome to the picturesque community of Rock Island, TN, nestled in the charming zip code 38581. Known for its stunning natural beauty and serene landscapes, this area is a hidden gem for those seeking a tranquil lifestyle without sacrificing modern conveniences.

Rock Island boasts a rich history and a tight-knit community, making it an ideal place for families, retirees, and anyone looking to escape the hustle and bustle of city life. The area is surrounded by breathtaking views, including the stunning waterfalls and lush greenery of Rock Island State Park, perfect for outdoor enthusiasts and nature lovers alike.

One of the most appealing aspects of Rock Island is its diverse real estate market, particularly for homes priced under $500,000. Whether you're searching for a cozy cottage, a spacious family home, or a charming bungalow, you'll find a variety of options that cater to different tastes and budgets. Many of these homes feature beautiful yards, modern amenities, and easy access to local parks and recreational activities.

Living in Rock Island means embracing a lifestyle that values community, nature, and affordability. With a welcoming atmosphere and a plethora of outdoor activities, it’s no wonder that families and individuals are drawn to this enchanting area. Explore the possibilities of making Rock Island your home, where you can enjoy the perfect blend of comfort, community, and natural beauty—all within a budget-friendly price range. Come discover why 38581 is not just a zip code, but a place where cherished memories are made!

Newest 38581 Homes under $500,000

$229,000

2 Beds ⋅ 1 Baths ⋅ 3597560 MLS ⋅ ACTIVE Status ⋅ 1.062 Acres ⋅ 38581 Zip Code

Charming 2-bedroom, 1-bath home situated on a private 1.062-acre lot in Rock Island. Built in 2004, this 1,872-square-foot home offers rustic charm with wood siding and inviting outdoor spaces. Enjoy your morning coffee on the covered front porch or entertain and relax on the large back deck. Inside, the home features a comfortable living room and a spacious den with a wood-burning fireplace, creating a warm and inviting atmosphere. The finished basement provides additional flexible living space for a recreation room, office, hobby area, or storage. Central heating and cooling provide year-round comfort. With its peaceful setting, generous lot, finished basement, one-car carport, and rustic character, this property offers plenty of space and privacy to enjoy country-style living. Washer and dryer remain with the property. Selling AS IS. Owner/Agent.

5330 Sparta Hwy, Rock Island

$219,800

3 Beds ⋅ 2 Baths ⋅ 3513162 MLS ⋅ ACTIVE Status ⋅ 0.49 Acres ⋅ 38581 Zip Code

Offering $3,500 towards closing costs. Beautiful area of Rocky River, NEW Never lived in Clayton home on perminant foundation, Still under warranty with Clayton Homes, Energy Star home, large half Ac. yard with privacy fence, beautiful landscaping, new large decks front and back, and increadable views. This home is priced to sell! Will qualify for FHA, VA, and Rural home loans.Owner Agent.

2516 Goodbar Rd, Rock Island

$369,500

2 Beds ⋅ 2 Baths ⋅ 3305314 MLS ⋅ ACTIVE Status ⋅ 1.32 Acres ⋅ 38581 Zip Code

ON THE COLLINS and NEW PRICING! Looking for full time living on the river or the perfect getaway? This property certainly fits the bill either way you choose. And you could knock it out of the park putting this beauty in an Airbnb program. Totally remodeled inside and out, nothing has been neglected. Front and back porches, 2 nice bedrooms and baths. A full basement with CH/A already run for even more living area . Perfect game room or bunk room for the gang. Metal siding for No maintenance “ living. Easy to see. Give us a call. Some photos are AI generated to show the amazing possibilities.

267 Collins River Dr, Rock Island

$334,000

3 Beds ⋅ 1 Baths ⋅ 3298044 MLS ⋅ ACTIVE Status ⋅ 1 Acres ⋅ 38581 Zip Code

Fall Special: 1% Preferred Lender Credit to Buyer!!! Private Countryside views on 1 acre. No Restrictions Escape to the country and enjoy the peace and privacy this charming 3-bedroom, 1-bath brick home offers on 1 beautiful acre surrounded by mature trees. With approximately 1,600 square feet, this property provides plenty of room to make it your own while offering the space and freedom that can be hard to find. Property will be surveyed soon.

373 Hatch Rd, Rock Island

$289,000

5 Beds ⋅ 2 Baths ⋅ 3247225 MLS ⋅ ACTIVE Status ⋅ 1 Acres ⋅ 38581 Zip Code

MOTIVATED SELLER!!! Lovely farmhouse on 1 acre located minutes from the beautiful Rock Island State Park. This 2,728 square foot home offers 4 bedrooms, 2 bathrooms and additional bonus/bedroom all covered by a BRAND-NEW ROOF! In addition, you will find a multi-purpose 576 sq ft detached studio, a large laundry room, a two-car covered carport and a spacious covered back patio. Kitchen comes with all appliances included. Don't miss this opportunity to own a little slice of country paradise surrounded by hiking trails, waterfalls and nature at its finest!

118 Bone Cave Rd, Rock Island

$299,900

4 Beds ⋅ 2 Baths ⋅ 3243145 MLS ⋅ ACTIVE Status ⋅ 3.71 Acres ⋅ 38581 Zip Code

Welcome to this charming and move-in ready 4-bedroom, 2-bath home on 3.71 picturesque and rolling street acres in Rock Island. Offering 2,268 sq ft of thoughtfully updated living space, this property is truly priced to sell. Step inside to find brand new flooring throughout, a stylish kitchen with new appliances, and beautifully renovated bathrooms. The home also boasts all new exterior doors, a brand new tankless hot water heater, and the efficiency of a dual heat source for year-round comfort. With its blend of modern updates, spacious layout, and peaceful setting, this property is the perfect place to call home. Schedule your showing today!

87 Camp Overton Rd, Rock Island

$239,000

2 Beds ⋅ 2 Baths ⋅ 3190712 MLS ⋅ ACTIVE Status ⋅ 4.98 Acres ⋅ 38581 Zip Code

Opportunity meets versatility with this extensively updated single-wide home set on 5 UNRESTRICTED acres in Rock Island. Whether you're looking for a private residence, investment property, or the perfect setup for a multi-home family compound, this property delivers. The home has undergone a major renovation, with approximately 90% of the work already completed. Significant upgrades include a brand-new roof with updated sheathing and insulation, new subflooring throughout, updated plumbing, and mostly new drywall. The interior has been refreshed with new paint, luxury vinyl plank flooring, real wood paneling in the living room, and updated lighting including recessed and fixture upgrades. The kitchen has been completely redone with new cabinetry, countertops, stove, and sink, while the primary bathroom has been fully remodeled with a tile shower, new vanity, toilet, and mirror. Additional improvements include new interior and exterior doors, storm doors, updated windows, air return system, and new registers. Some finishing touches remain, including the laundry room, back bedroom, and porch areas. These will be completed prior to closing, or the seller is open to negotiating the price for a buyer who prefers to finish the home to their own taste. What truly sets this property apart is the land and future potential. The 5-acre tract is mostly usable and ideal for animals, gardening, or expansion with NO RESTRICTIONS. In addition to the existing home, the property features a second homesite already equipped with its own septic system and foundation, making it ready for another residence, rental unit, or guest home. With two septic systems in place, the groundwork is already laid for creating a true multi-home setup. A fenced dog run is also included, and the open land offers plenty of room for horses, livestock, or additional structures. This is a rare chance to own a move-in-ready (with final touches pending) home on acreage with built-in expansion potential.

390 SparkmanTown Rd, Rock Island

$499,889

3 Beds ⋅ 3 Baths ⋅ 3166563 MLS ⋅ ACTIVE Status ⋅ 0.5 Acres ⋅ 38581 Zip Code

*** Great OPPORTUNITY to purchase very Customized HOME below 2024 Appraisal!!*** Charming 2024 MODERN COTTAGE! <> MOVE-IN READY! Never lived in NEW CONSTRUCTION! Peaceful. Quiet. Local traffic. NO HOA fees. Just the quiet beauty of Tennessee at Collins River. Less than an hour to Murfreesboro or 1-1/2 hours from Nashville & Chattanooga. 10 minutes to McMinnville; 8 minutes to Rock Island State Park. Never lived in! One-year New Home Warranty! Step inside to custom craftsmanship and thoughtful, upgraded features throughout—from locally sourced White Oak hardwood floors and custom cabinetry to quartz countertops and spa-inspired tiled showers. Every detail was thoughtfully designed to create a home that's as beautiful as it is comfortable. But what truly makes this property special is something you don't often find... A NEW (May 2026) detached 20'W × 24'D x 10' H insulated Flex Space (Garage / Workshop). What would you do with it? 🎨 Set up as a Music / RECORDING Studio; Design an art / craft Studio? 🚤 Store your BOAT? 🏋️ Create your dream HOME GYM? 🪚 Build the WOODWORKING SHOP you've always wanted? 💼 Run your SMALL BUSINESS from home? 🚗 Protect your CLASSIC CAR collection? 🎮 Build the ultimate GAME ROOM or GOLF SIMULATOR? It's more than a workshop or garage. It's the freedom to create the lifestyle you've always imagined. <> Located on a beautiful half-acre along the Collins River, this 2024 built custom home offers the peace of country living while remaining just minutes from shopping, restaurants, schools, and medical facilities. One-year warranty. ***Note: Some photos are digitally enhanced for inspiration! Investors: Great for Short- or Long-Term Rentals! Owner/Agent

156 Collins River Dr, Rock Island

$109,500

1 Beds ⋅ 1 Baths ⋅ 3112290 MLS ⋅ ACTIVE Status ⋅ 0.56 Acres ⋅ 38581 Zip Code

Motivated seller—bring your offer and make this one yours! Cozy and charming 1-bedroom, 1-bath home with a brand new deck situated on just over half an acre of unrestricted land with a beautiful view! Recently refreshed with new flooring, resealed roof, and fresh paint, this move-in-ready home offers peaceful surroundings and plenty of room to expand or make it your own. Conveniently located just minutes from Rock Island State Park, the Caney Fork River, Rocky River and other scenic outdoor destinations—perfect for nature lovers and adventure seekers. Ideal as a full-time residence, weekend retreat, or investment opportunity.

280 Bone Cave Rd, Rock Island

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