Cosby Homes under $500,000

Welcome to Cosby, Tennessee – a hidden gem nestled in the heart of the Smoky Mountains! Known for its breathtaking natural beauty and small-town charm, Cosby offers a unique blend of serene living and outdoor adventure. Just a short drive from the bustling attractions of Gatlinburg and Pigeon Forge, this picturesque community provides residents with easy access to the vibrant culture and entertainment of the region while still enjoying the peace and tranquility of rural life.

Cosby is characterized by its lush landscapes, rolling hills, and the stunning backdrop of the Great Smoky Mountains National Park, making it a paradise for nature enthusiasts. Whether you enjoy hiking, fishing, or simply soaking in the beauty of the great outdoors, Cosby has something for everyone. The local community is warm and welcoming, fostering a sense of belonging that makes it easy to feel at home.

For those seeking a place to call their own, Cosby offers an impressive selection of homes priced under $500,000. From charming cabins that evoke a rustic feel to modern family homes with spacious layouts, there’s a variety of options to suit your lifestyle and budget. With affordable real estate in such a desirable location, now is the perfect time to invest in your dream home in this enchanting region.

Experience the magic of Cosby, TN, where the mountains meet the sky, and your dream home awaits! Whether you’re looking for a peaceful retreat or a place to create lasting memories, Cosby is the perfect place to start your next chapter.

Newest Cosby Homes under $500,000

$389,000

3 Beds ⋅ 2 Baths ⋅ 313634 MLS ⋅ ACTIVE Status

*OPEN HOUSE SUNDAY 9/27 FROM 1-3PM* Welcome to 4748 Bogard Rd in beautiful Cosby, Tennessee! Situated on 1.76 acres with a year-round creek, this well-maintained 2019 manufactured home offers 1,640 sq. ft., 3 bedrooms, and 2 bathrooms, along with a spacious open-concept floor plan featuring a huge dream kitchen perfect for cooking, entertaining, and gathering. Recent improvements include brand-new fencing around the yard for pets or children and a covered back deck perfect for enjoying the peaceful surroundings. Need a little extra space? This property has something for everyone with a 10x20 workshop/man cave PLUS a completely renovated she shed--perfect for hobbies, projects, an office, or simply having a space of your own! The property also offers flexible water options with an existing well and whole-house water softener system, plus a recent connection to public water, allowing the new owner to choose either water source. Adding to the appeal are two full-hookup RV sites that are currently income producing, providing an opportunity for additional revenue. A motorhome currently on the property may also be purchased separately, with price and terms to be negotiated with the sellers. With its peaceful creekside setting, acreage, dream kitchen, man cave AND she shed, recent upgrades, and income potential, 4748 Bogard Rd offers a unique opportunity to enjoy East Tennessee country living in the heart of the Smoky Mountains! Enjoy the peaceful Cosby setting while still being approximately 30 minutes from Gatlinburg, Pigeon Forge, and Sevierville, giving you convenient access to some of the area's most popular attractions, dining, shopping, and everything the Great Smoky Mountains have to offer.

4748 Bogard Road, Cosby

$125,000

3 Beds ⋅ 2 Baths ⋅ 313490 MLS ⋅ ACTIVE Status

Opportunity awaits at this 3-bedroom, 2-bath single-wide manufactured home situated on a level lot with a mountain view in Cosby. The home is in need of TLC, offering the chance to make updates and improvements to suit your needs. The property also features RV hookups, adding extra flexibility and potential. Conveniently located just minutes from I-40 and Newport, with easy access to Great Smoky Mountains National Park and all that East Tennessee has to offer. Whether you're looking for a primary residence, investment property, or a project with potential, this property is ready for its next chapter.

406 McGaha Chapel Road, Cosby

$329,900

2 Beds ⋅ 2 Baths ⋅ 313434 MLS ⋅ ACTIVE Status

NEW PRICE: $324,900! Furnished and ready to enjoy, 4465 Ball Hollow Road offers a peaceful East Tennessee retreat with no HOA. Continue using it as a short-term rental, make it your second home, or settle in and enjoy the quiet wooded setting. Gatlinburg is approximately 20 minutes away. Outdoor living is the highlight here. Start your morning on the wraparound porch, relax on the screened back porch, and spend evenings around the fire pit with the sounds of a nearby creek. The home sits on approximately one acre of flat, usable land. Inside, cathedral ceilings and rustic details create a welcoming space. The owner has remodeled the kitchen with new appliances and updated the furniture and lighting. Other improvements include a well filtration system, new well pump, and replaced A/C compressor. The tractor in the shed and battery-operated lawn mower convey; linens do not. The seller will consider offering a home warranty with an acceptable offer. Schedule a showing and come experience this Cosby retreat for yourself!

4465 Ball Hollow Road, Cosby

$325,000

2 Beds ⋅ 2 Baths ⋅ 313148 MLS ⋅ ACTIVE Status

Rare Find in Sevier County! Don't miss this charming 2-bedroom, 2-bath home with a bonus room, offering plenty of space, storage, and convenience. In addition to the home's generous storage areas, you'll find a detached workshop with its own private driveway and an outdoor storage shed--perfect for hobbies, tools, or extra workspace. Conveniently located across from Jones Cove Elementary School, this property offers easy access to Sevierville, Pigeon Forge, Gatlinburg, Cosby, and Newport and is eligible for short-term rental use, making it an excellent opportunity for both homeowners and/or investors. Inside, you'll love the open-concept floor plan featuring beautiful plank flooring throughout the main living area, warm tongue-and-groove walls, and a cozy gas log fireplace that creates the perfect gathering space. The spacious kitchen flows seamlessly into the living and dining areas, making it ideal for everyday living and entertaining. Step outside to enjoy the large covered deck, where you can take in distant mountain views, or unwind in the private, secluded hot tub after a long day. Additional features include utility water, multiple high-speed internet and cable provider options (no satellite dish required), and a location that combines peaceful country living with convenient access to the area's attractions, dining, shopping, and outdoor recreation. This is a rare opportunity to own a versatile property in a prime Sevier County location--whether you're looking for a primary residence, vacation home, or investment property. Schedule your private showing today!

1149 Tranquility Hills Way, Cosby

$410,000

2 Beds ⋅ 2 Baths ⋅ 312910 MLS ⋅ ACTIVE Status

Welcome to 4923 Cote Way, Cosby, TN! Discover peaceful mountain living in this charming 2-bedroom, 2-bathroom site-built home tucked away in scenic Cosby, Tennessee. Offering seasonal mountain views, this quality residence delivers the perfect mix of comfort, privacy, and endless potential. Whether you are looking for a serene primary residence, a tranquil mountain getaway, or an income-producing opportunity, this property fits the bill. With overnight rental potential, you can tap into the strong East Tennessee tourist market near the Great Smoky Mountains

4923 Cote Way, Cosby

$225,000

2 Beds ⋅ 1 Baths ⋅ 312902 MLS ⋅ ACTIVE Status

Looking for a true mountain cabin experience? This cozy rustic cabin is tucked away in the woods and offers the peace and privacy you've been looking for. Inside, you'll find modern updates including updated appliances, butcher block countertops, and an electric fireplace that adds the perfect touch on cool mountain evenings. The loft has room for two separate sleeping areas with a privacy curtain, and the living room includes a pull-out sleeper sofa for additional guests. The cabin has one full bathroom and is being sold fully furnished, so it's ready to start enjoying right away. Whether you're looking for a weekend escape, a place to unwind, or a short-term rental investment, this cabin is full of potential. If you've been wanting a place where you can unplug, relax, and enjoy the mountains, this is it. Some drone photography used. Property lines are approximate. Buyer to verify all information.

1222 S Hwy 32, Cosby

$279,900

3 Beds ⋅ 2 Baths ⋅ 312695 MLS ⋅ ACTIVE Status

Looking for a country home with acreage and workshop space in East Tennessee? 455 McGaha Chapel Road in Cosby, Tennessee offers a comfortable home, functional outbuildings, and a peaceful country setting just 10 minutes from Newport. Situated on approximately 1.61 acres, the property provides room to enjoy the outdoors, garden, pursue hobbies, store equipment, or simply appreciate having some extra space around you. The country setting offers a sense of privacy while keeping you convenient to town and everyday necessities. The 1,848-square-foot home features 3 bedrooms and 3 full bathrooms with a comfortable split-bedroom floor plan. The spacious living room is centered around a gas fireplace, while the large kitchen offers abundant cabinetry, an island with seating, and plenty of workspace for everyday meals or entertaining. One of the property's standout features is the additional space outside the home. An 18' x 36' detached garage/workshop provides plenty of room for woodworking, automotive projects, hobbies, vehicle storage, or other uses. An additional 18' x 36' equipment shed/carport with a 10-foot lean-to provides even more space for equipment, trailers, recreational vehicles, lawn equipment, and storage. With 1.61 acres, two substantial outbuildings, and a 3-bedroom, 3-bath home, this property offers a combination that's difficult to find for buyers who want more space without the upkeep of a large tract of land. Light restrictions help protect the surrounding area while still allowing you to enjoy the property. Conveniently located just minutes from Newport with easy access to Interstate 40, the Great Smoky Mountains, Gatlinburg, and outdoor recreation throughout East Tennessee, you can enjoy country living without feeling disconnected. If you've been searching for a home with acreage near Newport, TN, a property with a detached workshop, or a country home in Cosby, 455 McGaha Chapel Road deserves a closer look.

455 McGaha Chapel Road, Cosby

$169,000

1 Beds ⋅ 1 Baths ⋅ 312349 MLS ⋅ ACTIVE Status

Welcome to this beautifully maintained 2005 park model offering approximately 620 square feet of comfortable, low-maintenance living in the highly desirable Venture Out at Gatlinburg. Pride of ownership is clear throughout this move-in-ready home, featuring a spacious layout with a stackable washer and dryer conveniently located inside. The well-appointed kitchen includes a gas range, while the inviting living area is highlighted by a cozy gas fireplace, creating the perfect space to relax year-round. Enjoy your morning coffee or unwind in the evening on the welcoming covered front porch, then step out back to your private patio surrounded by concrete--an ideal space for entertaining, grilling, or simply enjoying the peaceful setting. Major updates include a roof that is only two years old, providing years of worry-free ownership. Located inside the gated Venture Out at Gatlinburg community, residents enjoy resort-style amenities including a swimming pool, recreation center, and beautifully maintained common areas. The affordable HOA fee of just $230 per month covers water, sewer, cable television, high-speed fiber internet, and exterior grounds maintenance, making ownership simple and affordable. Location is everything, and this property delivers. You're only about 15 minutes from Gatlinburg, 25-30 minutes from Pigeon Forge and Sevierville, and approximately 20 minutes from Newport, giving you easy access to world-class dining, shopping, entertainment, hiking in the Great Smoky Mountains National Park, and all the attractions East Tennessee has to offer. The 37722 market continues to attract buyers seeking mountain living and vacation homes. Recent sales in the area show a median home sale price of approximately $325,000, with values trending upward year over year, making this an excellent opportunity for a full-time residence, vacation getaway, or investment property. Do not miss your chance to own this meticulously kept home in one of East Tennessee's most desirable gated communities, where comfort, convenience, and the Smoky Mountain lifestyle come together. No STR or long term rentals permitted.

5355 Parkway, Cosby

$465,000

2 Beds ⋅ 3 Baths ⋅ 312037 MLS ⋅ ACTIVE Status

$10,000 PRICE IMPROVEMENT! SEE THIS LOVINGLY CARED FOR TRUE LOG CABIN SITUATED ON A RELAXING STREAM! This is a true log home on a wide stream where fishing is welcomed! The mountains are in the foreground so this property has it all. The screened in porch allows for plenty of ''deck sittin'' and listening to the stream softly flowing. The interior shows off the high ceilings complimented by the gleaming wood floors and gas log fireplace. The kitchen has been designed with lots of cabinetry and updated stainless appliances. The primary bedroom has deck access for more relaxing. The primary bath has double vanities, walk in shower and jetted whirlpool. Another bedroom also offers a deck to enjoy the water. The location is great, just a short distance to restaurants, shopping, and the interstate! Don't wait to see this beautiful home and and enjoy the Smoky Mountains while sitting on your deck and enjoying the soothing stream!

178 Wilton Springs Road, Newport

$360,000

1 Beds ⋅ 1 Baths ⋅ 311289 MLS ⋅ ACTIVE Status

Beautiful turn key on bedroom property built in 2020! Located on a large almost 2 acre parcel! Privacy! To top it off this property has the potential for a nice Mountain View with some tree clearing! This property would make for a great vacation home, primary residence, or investment property.

3393 Grand Country Drive, Cosby

$224,000

1 Beds ⋅ 2 Baths ⋅ 311257 MLS ⋅ ACTIVE Status

Quiet mountain living in this 1 bedroom 1 bath home on almost 2 acres with a small creek that runs along the right property line. Well manicured lawn.This one is perfect for your mountain retreat. Come take in the quiet country surroundings, enjoy the sounds of the babbling creek and enjoy a place that feels like it's been waiting for you. Located in a scenic edge of Cosby with quick access to trails, the river, and the national park, this property fits buyers looking for a peaceful quiet place to call home. Schedule your showing today!

4455 Trail Hollow Road, Cosby

$365,000

2 Beds ⋅ 2 Baths ⋅ 311108 MLS ⋅ ACTIVE Status

Creek, Coffee & Cabin Vibes... This One Has It All! Looking for a place where the soundtrack is a bubbling creek instead of traffic? Welcome home! Tucked away on .81 acres of flat, usable land in the peaceful hills of Cosby, this fully furnished 2-bedroom, 2-bath mountain retreat is where relaxation comes naturally. Start your mornings with coffee on the covered back porch as the creek gently flows by, spend your afternoons exploring the Smokies, and end the day under a blanket of stars. It's the kind of place that makes you forget what day it is--and that's exactly the point. Inside, you'll find a warm and inviting cabin that's ready to enjoy from day one. Outside, the level yard offers plenty of room for yard games, a firepit, gardening, or simply stretching out and soaking up the fresh mountain air. Surrounded by mature trees and peaceful scenery, you'll enjoy the privacy of a true mountain escape without sacrificing convenience. Paved roads provide easy year-round access, and you're just a short drive from Newport, Gatlinburg, hiking trails, rafting adventures, restaurants, and the Great Smoky Mountains National Park. Whether you're searching for a full-time home, a weekend hideaway, or your next income-producing investment, this property checks all the boxes. Short-term rentals are allowed, and while this cabin has never been part of a rental program, it's perfectly positioned to become a guest favorite. The best part? It's being sold completely furnished, so all you need to bring is your suitcase... and maybe a fishing pole. Flat land. Flowing creek. Peace and quiet. Smoky Mountain charm. Some places are meant to be visited--this one is meant to be enjoyed. 📞 Schedule your private showing today before someone else claims their own little slice of the Smokies!

3386 Rocky Ridge Road, Cosby

Start Your Search

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .