38585 Homes under $300,000

Welcome to Spencer, Tennessee, a charming town nestled in the heart of Van Buren County, where the zip code 38585 brings together the warmth of Southern hospitality with the beauty of nature. This picturesque area is known for its stunning landscapes, friendly community, and a lifestyle that embraces both tranquility and adventure.

If you’re in the market for a home, you’ll be delighted to discover that Spencer offers a variety of charming residences priced under $300,000. Whether you’re a first-time buyer, looking to downsize, or seeking a cozy retreat, this budget-friendly market presents an array of options. From quaint cottages to spacious family homes, you can find properties that perfectly align with your lifestyle and budget.

Living in the 38585 area means you’ll enjoy a peaceful environment with easy access to outdoor activities. The nearby Fall Creek Falls State Park, one of Tennessee's largest and most beautiful parks, offers hiking, fishing, and breathtaking waterfalls, making it a perfect weekend getaway for nature enthusiasts. Additionally, Spencer's close-knit community hosts various events throughout the year, allowing residents to connect and create lasting memories.

The charm of Spencer is further enhanced by its rich history and local amenities, including shops, restaurants, and schools, all contributing to a vibrant community spirit. With affordable homes and a welcoming atmosphere, the 38585 zip code is not just a place to live; it’s a place to call home. Come explore the possibilities in Spencer, where your dream home awaits!

Newest 38585 Homes under $300,000

$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 MANUFACTURED HOME ON PERMANENT FOUNDATION 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! This home qualifies for VA, FHA, and USDA zero down payment loans and 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 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

$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 UNDER CONTRACT 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

$225,000

3 Beds ⋅ 2 Baths ⋅ 3190465 MLS ⋅ ACTIVE Status ⋅ 1.6 Acres ⋅ 38585 Zip Code

Wow!! What?? Look at this Spacious Home, 1.6 acres. Back on the market with a fresh new look, after seller has had new laminate wood flooring throughout, installed appliances, freshened up some of the paint, still what a deal on this aprox 1788 sq foot, has closets that is cedar line, double pained windows, ch/a, priced to go fast. There is 2 car garage, and storage building to boot. Located aprox hour north of Chattanooga, minutes to Fall Creek Falls State Park, Don't miss this deal....$225,000

19 Turkey Scratch Rd, Spencer

$295,000

2 Beds ⋅ 3 Baths ⋅ 2923666 MLS ⋅ ACTIVE Status ⋅ 1.11 Acres ⋅ 38585 Zip Code

MOTIVATED SELLER!! Here it is folks. Your forever home awaits you. This beautiful log home is nestled on top of the gorgeous Cumberland Plateau, less than 10 minutes from the Fall Creek Falls State Park entrance. Less than 1 hour to Cookeville and approximately 1 hour to Chattanooga, this 2 bedroom 2.5 bath home is fully furnished with all the amenities and ready for you to move into or you can use it for an investment opportunity as a nightly rental. This is a must see! This home has new central heat & air, newly stained deck & the logs were stained last summer. There are restrictions in place to protect your investment. The home sits in beautiful Grandview Village, a gated community for your privacy and security. Call me today to tour your new forever home or your newest investment opportunity.

10 Meadow Brook Ln, 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.

38585 Homes under $300,000

Newest 38585 Homes under $300,000

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