Gainesville Homes under $500,000

Welcome to Gainesville, Georgia – a vibrant city nestled in the heart of the scenic North Georgia mountains. Known for its stunning landscapes and rich history, Gainesville offers a perfect blend of small-town charm and modern conveniences. With its picturesque Lake Lanier, thriving arts scene, and a plethora of outdoor activities, this city is a haven for families, retirees, and anyone seeking a serene lifestyle.

One of the most appealing aspects of Gainesville is its diverse real estate market, particularly for those looking for homes under $500,000. Whether you are a first-time homebuyer or searching for a cozy retreat, Gainesville has a variety of options to suit your needs. From charming bungalows to spacious family homes, the properties here provide excellent value without compromising on quality or comfort.

Imagine waking up to the gentle sounds of nature, enjoying your morning coffee on a sunlit porch, and exploring the nearby parks and trails. Gainesville's homes are not just places to live; they are gateways to a lifestyle filled with adventure and community spirit. The local schools are highly rated, making it an ideal place for families, while retirees will appreciate the peaceful neighborhoods and friendly atmosphere.

With a robust real estate market and homes available at an accessible price point, Gainesville, GA, is an excellent choice for anyone looking to invest in their future. Come and discover the charm of Gainesville – where your dream home awaits!

Newest Gainesville Homes under $500,000

$275,000

5 Beds ⋅ 3 Baths ⋅ 7860532 MLS

NEW HOME + LAND PACKAGE! $275,000 includes EVERYTHING: the 0.504-acre lot AND a brand new 5 bedroom, 3 bath home. The package covers delivery, setup on a permanent foundation, brick skirting, septic, water tap, power service, driveway, HVAC, decks, gutters, and full trim out. Nothing extra to buy. Qualifies for FHA, USDA, and conventional financing. Use our preferred lender and receive up to $10,000 toward closing costs, paid by the lender. The lot is ready to go: recorded survey, Level 3 soil test approved for a 4-bedroom septic, public water and power, Zone X (no flood), no HOA, and zoned AR-1. Open concept floor plan with plenty of space for the whole family. Home is not on site yet. Estimated 6 to 9 weeks from order to completion. Exterior photos are AI-generated renderings showing the home on this lot. Minutes to Gainesville, Lake Lanier, I-985, and GA-400. Hall County Schools.

4230 Belvedere Drive, Gainesville

$320,000

3 Beds ⋅ 1 Baths ⋅ 7861076 MLS

I am not just fancy, I am amazing! An authentic intown cottage located just off Enota at 1346 Longview Drive, Gainesville, GA Super cool design with so much character. We kept it as authentic as we could. Look at the wooden exterior doors with original front door lock (new cylinder), wooden trim throughout and encases the HVAC vents, and the aged bronze black hardware. Original 1950 Metal siding, board and batten, scallop trim Everything important and expensive has been updated- roof/gutters, HVAC, tankless water heater, laminate flooring, lighting and double-hung windows. Quartz countertops. Updated kitchen and bath. Checkout the stainless steel kitchen sink with built in industrial work station and the stainless steel backsplash. Very Cool laundry room big enough to be an office. Two-car detached garage The back patio expands the entire back of the house and joins the garage. Make it huge entertainment area, pickle ball or basketball court. There was only one owner from when it was built until I recently purchased and very lovingly renovated the home with my brother. Tall crawlspace has a workbench area, easy access to new Tankless water heater and HVAC. It is a 3-bedroom, 1-bath authentic intown cottage. Walk or ride bikes to shopping, restaurants and parks. LOVE the City of Gainesville. Owner/Agent.

1346 Longview Drive, Gainesville

$349,000

3 Beds ⋅ 2 Baths ⋅ 7860669 MLS

COMING SOON NOVEMBER 6 | CHARMING UPDATED RANCH | HEART OF GAINESVILLE | $349,000 A LITTLE CHARM. A LOT OF POSSIBILITIES. AN ADDRESS YOU'LL LOVE! Welcome to 660 Hillcrest Avenue NW, where small-town charm meets the energy of downtown Gainesville, Georgia! Tucked into an established Gainesville neighborhood, this inviting 3-bedroom, 2-bath ranch offers approximately 1,198 square feet of comfortable, single-level living, thoughtful interior updates, a covered front porch, and a private-feeling backyard. FRESH UPDATES. TIMELESS CHARM. ROOM TO MAKE IT YOUR OWN. Step inside and discover fresh interior paint, updated vinyl flooring, and a welcoming open living and dining area. The kitchen features crisp white cabinetry, stone countertops, and a practical layout designed for everyday living. With three bedrooms and two full bathrooms, there's room to create a comfortable home office, welcome overnight guests, or enjoy a little extra personal space. Built in 1936, this home offers the character of an established Gainesville neighborhood with the benefit of recent cosmetic improvements. The property might require additional repairs and improvements, giving the next owner an opportunity to add their own personal touches. YOUR BACKYARD. YOUR HAPPY PLACE. Imagine sipping your morning coffee on the covered front porch, planting a garden, enjoying a backyard barbecue, or unwinding under the Georgia sky. The private-feeling backyard offers space to relax, entertain, garden, or create the outdoor retreat you've always wanted. LIVE CLOSE TO EVERYTHING YOU LOVE ABOUT GAINESVILLE! One of this home's greatest features is its convenient location near historic Gainesville Square! Picture Friday evenings enjoying live music, dinner at a favorite local restaurant, or exploring the shops and community events that make downtown Gainesville such a special destination. From Gainesville's popular First Friday celebrations and seasonal festivals to local coffee shops, parks, walking trails, and neighborhood gathering places, there's always something to enjoy nearby. Brenau University, Gainesville High School, Northeast Georgia Medical Center, shopping, dining, and everyday conveniences are all within easy reach. Whether you're searching for your first home, looking to simplify with single-level living, or hoping to find a property where you can build equity through future improvements, this Gainesville ranch offers an exciting opportunity. YOUR NEXT CHAPTER STARTS HERE! Homes with this combination of downtown convenience, classic character, recent updates, and outdoor space deserve a closer look. IMPORTANT FHA SHORT SALE DISCLOSURE: This property is offered as a short sale and is being sold strictly AS-IS. The property might require additional repairs and improvements. Buyers are encouraged to conduct all appropriate inspections and due diligence. Sale of the property is contingent on written agreement to all sale terms by the mortgage holder and the mortgage insurer (if applicable). Sale completion is subject to lender approval under applicable HUD guidelines. Short sale approval may take several months. All parties must agree to close within 30 days of written short sale approval. Financing is subject to lender requirements, property condition, and applicable short sale approval terms. No creative deal structuring or sight-unseen offers. Proof of funds or acceptable financing documentation is required prior to requesting a showing. Minimum 48-hour advance notice required. MARK YOUR CALENDAR! COMING SOON NOVEMBER 6, 2026! 660 Hillcrest Avenue NW | Gainesville, GA 30501 3 Bedrooms | 2 Full Bathrooms | Approximately 1,198 Sq. Ft. | Updated Interior | Covered Front Porch | Private-Feeling Backyard | Convenient Downtown Gainesville Location Offered at $349,000 Make your plans to tour this Gainesville gem when showings begin November 6!

660 Hillcrest Avenue, Gainesville

$349,000

2 Beds ⋅ 2 Baths ⋅ 7860833 MLS ⋅ Villa Nova BLDG.

The seller is now offering $10,000 in closing concessions! Discover a new way to live, invest, and thrive in Gainesville’s most forward-thinking micro home community—where modern design meets intentional living. Just steps from downtown Gainesville's dining, shopping, and entertainment scene, each residence pairs striking contemporary architecture with inviting, light-filled interiors. Every detail is designed for style and efficiency—from quartz countertops and luxury vinyl plank flooring to soaring ceilings and private balconies. Enjoy community perks like a shared garden and fire pit, plus convenient two-car tandem parking for each home. Downsize your footprint while upgrading your lifestyle—this is modern freedom, redefined.

514 Nightfire Sw Court, Gainesville

$279,900

4 Beds ⋅ 2 Baths ⋅ 7860760 MLS

Welcome to this Beautifully updated 4 Bedroom 2 Bathroom Home sitting on a very private, gorgeous 1.05 Acre Lot. Best of all NO HOA! Bring your Boat and RV with plenty of room to add a garage. This flawless home features New Luxury Plank flooring, New Electrical Fixtures, New Plumbing Fixtures, New Granite, Fresh Landscaping, and much more. The extremely large yard has endless possibilities. Very Private setting yet great location, only 9 Min from Oakwood, 13 Min from Gainesville, and 18 Min from Flowery Branch. Don't miss your chance at this practically brand new home under 300k.

3258 Baker Road, Gainesville

$419,900

4 Beds ⋅ 3 Baths ⋅ 7860442 MLS

Beautiful new home in North Hall High School district. Seller is offering a $10,000 closing costs contribution at closing. Features include ranch style plan with bonus room upstairs, office on main level, open layout with vaulted ceilings, luxury plank vinyl in living areas. Custom cabinets with granite countertops. Split bedroom plan, abundant recessed lighting, huge bedroom/bathroom suite in basement and additional unfinished space. Great yard with long driveway, covered front and back porches. Large patio off basement living space. Established neighborhood with no HOA. Home was originally permitted in 2016 while the final construction was completed in 2026.

4755 Newton Drive, Gainesville

$499,000

4 Beds ⋅ 3 Baths ⋅ 7860418 MLS

Some homes have a way of making you feel welcome the moment you step inside. This beautifully renovated 1940s ranch bungalow captures that feeling with original hardwood floors, soaring ceilings, and a brick fireplace that brings warmth and character to the living room. The charm of its past meets the comfort of today's living, with inviting spaces designed for both quiet moments and lively gatherings. A spacious den sets the scene for cozy movie nights or cheering on your favorite team, while the separate dining room just off the kitchen invites lingering dinners and memorable conversations. The main level includes a primary bedroom, additional sleeping spaces, and a vaulted screened porch—an inviting retreat for morning coffee or unwinding at the end of the day. The fully finished terrace level offers an entirely different experience, complete with its own living room, kitchenette, bedroom, and full bathroom. Whether hosting overnight guests or creating a separate place to relax, the flexibility adds another dimension to the home. And then there's the backyard. A newly installed patio, beautiful landscaping, and an outdoor firepit create a setting made for crisp autumn evenings, roasting s'mores, and gathering beneath the stars. All of this comes with the convenience of an in-town Gainesville address, just moments from Northeast Georgia Medical Center, Brenau University, and downtown.

1185 Park Street, Gainesville

$175,000

2 Beds ⋅ 1 Baths ⋅ 7860409 MLS

Investment opportunity in the heart of Gainesville! This 2-bedroom, 1-bath home offers approximately 920 square feet of living space and is currently tenant-occupied, generating $900 per month in rental income! Conveniently located near downtown Gainesville, Gainesville High School, Centennial Arts Academy, shopping, dining, and everyday conveniences. With easy access to Northeast Georgia Medical Center, local employment opportunities, and major roadways, this property offers an appealing location for long-term rental potential. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this is an opportunity worth exploring! Please do not disturb the tenant. Showings by appointment only.

1004 Rainey Street, Gainesville

$165,000

2 Beds ⋅ 1 Baths ⋅ 7860399 MLS

Investment opportunity in Gainesville! This 2-bedroom, 1-bath home offers approximately 723 square feet of living space and is currently tenant-occupied, generating $825 per month in rental income. Conveniently located near downtown Gainesville, Gainesville High School, Centennial Arts Academy, shopping, dining, and everyday conveniences. With easy access to local employment centers, medical facilities, and major roadways, this property offers a desirable location for long-term rental potential. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this is an opportunity worth exploring! Please do not disturb the tenant. Showings by appointment only.

525 Shaw Drive, Gainesville

$287,500

3 Beds ⋅ 2 Baths ⋅ 7860208 MLS ⋅ Hawthorne Village BLDG.

Come take a look at this move-in ready, low-maintenance townhome in Oakwood, GA, located near UNG, Chicopee Golf Course, and Lake Lanier. Upstairs, you'll find 3 generously sized bedrooms, including a spacious owner's suite that has plenty of closet space and a private bath. The 2 additional bedrooms provide flexibility for a home office, family, or guests. On the main level, you will find a spacious great room, granite countertops, breakfast bar, and a private deck. This location offers convenient access to golf, boating, hiking trails, dining, and outdoor recreation throughout North Georgia. This Oakwood townhome blends low-maintenance living with convenience and accessibility, and is perfect for full-time residents, first-time homebuyers, college-area housing, or investors seeking strong rental positioning near Gainesville and UNG. Schedule your private showing today!

3717 Abbey Way, Gainesville

$415,000

3 Beds ⋅ 2 Baths ⋅ 7860092 MLS

Imagine a Saturday that starts on the front porch, coffee in hand, a rocking chair under you and nothing but quiet around you. By the time the mug is empty, sunlight has filled every room inside, and it stays that way all day. You honestly won’t need a light switch until evening. Life here happens on one level. In the primary suite, there’s room to breathe, a walk-in closet that holds everything, and a bath with double vanities, a tub and a shower, all washed in natural light. Down the hall, two more bedrooms and a second full bath are ready for whoever comes to stay. The home office can become whatever you need it to be this year. By late morning, the boat is hitched. The nearest Lake Lanier ramp is only 3.4 miles away, so you can be on the water about 10 minutes after you leave the driveway. Maybe the afternoon takes you to lunch on the square in downtown Gainesville, less than 10 minutes in the other direction, or up to the Dawsonville outlets, 18 minutes away. Groceries are close by too, and the big walk-in pantry off the kitchen has room for every last bag. As the sun goes down, the kitchen comes alive. Dinner is coming together on the solid surface counters, the breakfast room is set, and the family room is right there, so nobody misses the conversation. Then it’s out to the Trex deck, the one you’ll never have to sand, stain or worry about. A couple of steps down, there’s a massive, fully fenced backyard with an outbuilding. Picture a pool out there someday, or a fire pit glowing under the stars, with plenty of grass still to spare. Freshly painted, easy to keep up, and minutes from the lake. This is the kind of Saturday you could have every week.

4442 N Gate Drive, Gainesville

$429,000

4 Beds ⋅ 2 Baths ⋅ 7850931 MLS

Welcome to this charming home situated on approximately one acre in desirable Forsyth County, offering the perfect combination of space, comfort, convenience, and NO HOA! Ideally located just minutes from shopping, dining, grocery stores, and everyday conveniences, this property offers a peaceful setting without sacrificing accessibility. Step inside to discover beautiful hardwood floors throughout the main level, creating a warm and inviting atmosphere. The thoughtfully designed floor plan features three bedrooms and two full bathrooms on the main level, along with an updated kitchen offering both functionality and charm. Upstairs, you’ll find a separate fourth bedroom and a spacious bonus living area, providing incredible flexibility for guests, a home office, media room, game room, or additional living space. The home also features a surround sound system, perfect for movie nights and entertaining. Outside, enjoy approximately one acre of property, a welcoming rocking chair front porch, and a fenced backyard with plenty of space to relax or entertain. A standout improvement is the recently FULLY ENCAPSULATED CRAWL SPACE, offering an important upgrade that has already been completed for the next homeowner. Conveniently located near Cumming, Gainesville, Dawsonville, and Lake Lanier, this property combines an exceptional location with versatile living spaces and the freedom of NO HOA. With four bedrooms, multiple living areas, an updated interior, and valuable recent improvements, this home has so much to offer. Schedule your private showing today!

9815 Waldrip Road, Gainesville

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Gainesville Homes under $500,000

Newest Gainesville Homes under $500,000

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How much is your home worth?