5 Under $500k Homes for Sale in Virginia

Discover attractively priced properties that offer fantastic value, combining modern amenities with serene locations for the ultimate in budget-friendly luxury. Experience affordability without compromise with our selection of five homes under $500K in Virginia.

Listing agent: Scotty Felton

More than a distinctive home of southern Virginia, this is an estate influenced by the architectural vision of Thomas Jefferson. Giant Poplars derives its name from the towering trees that offer solitude & tranquility on 4.95 acres. Step inside the two-story, 4,100 sq. ft. brick home & marvel at the white marble foyer with its circular floor design, soaring ceiling & fountain statue at the center.


Size: 4,108 sf


Price: $499,900


Listing details: A winding staircase leads to the 2nd floor with 2 large bedrooms. Downstairs, one finds the primary bedroom with an en- suite, kitchen, formal dining room & a formal living room off to the side of the atrium with a marble-trimmed fireplace. A high-ceiling living room is lined by bookshelves. The home’s brick patio is ideal for relaxing or entertaining beneath the stars.


Contact: Scotty Felton, Long & Foster Real Estate, +1 434.572.0510

Beautiful Home With Stunning View | $425,000

1616 Still House Dr, Lexington, VA
Listing agent: Sarah Hugg Centorino

Come enjoy the natural beauty of Rockbridge County! Nestled off Stillhouse Drive, this property offers three bedrooms, one-and-a-half baths and plenty of living space for you to enjoy! A wrap around porch and large deck welcome you home and provide a large area for outdoor entertaining.


Size: 1,584 sf


Price: $425,000


Listing details: The rolling 14-acres and open barn provide plenty of space for pets and hobbies of all kinds! The property is less than fifteen minutes from downtown Lexington, Washington and Lee University and Virginia Military Institute (VMI) and only five minutes from Interstate 64.


Contact: Sarah Hugg Centorino, James Wm. Moore Real Estate Co., +1 540-460-4880

Charming Home | $439,000

415 Fresh Meadow Road, Norfolk, VA
Listing agent: Enid Vazquez

Well maintained SF home, includes top floor addition w Primary Suite, high ceilings, Tiled master bathroom with jetted tub and tile shower. Kitchen w gas range, quartz counter tops, nice cabinets. With new HVAC, new roofing, electricity in Detached Garage. As well as being completely remodeled in 2010.


Size: 2,273 sf


Price: $439,000


Listing details: Updated flooring in Kit, DR & LR. Large Private Dining Rm next to Fam Rm. Nice sized bedrooms, fenced yard with paver/patio in the back great for relaxing, entertaining & Fire pit. The crawl space is encapsulated w 2 dehumidifier. Solar Panels Included. Detached Garage with long driveway. Min to Bases, Shopping, Schools, Interstate and Universities.


Contact: Enid Vazquez, EV Home Solutions, +1 757-377-6613

Listing agent: Edna Wood

Beautiful almost new home in prime location. 5 minutes to shopping, dining. 10 minutes to Bridgewater Plaza on Smith Mountain Lake. 15 minutes to SML State Park, more dining, medical, shopping, golf & more! 30 minutes to Roanoke & 40 to Lynchburg.


Size: 2,640 sf


Price: $495,000


Listing details: Cathedral ceiling opens a great room, a large breakfast counter, SS appliances, granite counters, glass sliding doors to the trex deck in rear, split bedrooms with over sized shower & walk-in closet in the primary bedroom. Integrated blinds in sliding glass doors on both levels. Luxury vinyl plank floors throughout. Wired for whole house generator.


Contact: Edna Wood, Wainwright & Co. Realtors, +1 540-520-0168

719 Beechnut Ln | $349,900

719 Beechnut Ln, Martinsville, VA
Listing agent: Tonya Bredamus

Nestled in the picturesque and highly sought-after Druid Hills section of Martinsville, Virginia, 719 Beechnut Ln. presents an exquisite opportunity for those seeking comfort, space, and timeless elegance. This charming brick ranch home boasts four bedrooms and three full bathrooms, a double carport, a deck, and an enclosed porch! Upon entering, you’re greeted by a warm and inviting atmosphere, with abundant natural light.


Size: 4,526 sf


Price: $349,900


Listing details: The home features not one, but two family rooms, each offering a cozy retreat for relaxation or gatherings with friends and loved ones. For those with an active lifestyle, the home also includes a dedicated workout room, perfect for maintaining your fitness routine from the comfort of home. This home combines the serenity of suburban living with the convenience of nearby amenities.


Contact: Tonya Bredamus, Keller Williams Realty, +1 276-806-9018