13

Monterey, TN Homes for Sale under $500,000

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  • /37

    $425,000

    • 3 Beds
    • 2.5 Baths
    • 2,130 Sq Ft

    359 E Cove Rd, Monterey, TN 38574

    Nestled amongst the trees!!! You'll feel like you're vacationing in the mountains every day. Vacant wooded property literally surrounds the home on every front. Cumberland Cove is the absolute perfect community for this home. The Cove is recognized for it's spacious lots, hiking trails, waterfalls, and one of the most scenic overlooks you'll ever see. A circular drive brings you to your covered

    Agent Photo

    Dave Goodwin

    Weichert, Realtors-The Webb Agency

    (931) 465-2787

    359 E Cove Rd, Monterey, TN 38574
  • /36

    $400,000

    • 3 Beds
    • 2.5 Baths
    • 2,050 Sq Ft

    303 W Cleveland Ave, Monterey, TN 38574

    This stunning home located in the heart of Monterey and within walking distance from all the up and coming businesses downtown. You are going to love the fireplace for those cozy evenings at home. The kitchen has beautiful quartz counter tops, self closing drawers and cabinets, under the cabinet lights, and stainless steel appliances perfect for those holiday get togethers right around the

    Charity Norrod Highlands Elite Real Estate LLC

    303 W Cleveland Ave, Monterey, TN 38574
  • /50

    $437,000

    • 2 Beds
    • 2.5 Baths
    • 1,728 Sq Ft

    331 E Cove, Monterey, TN 38574

    This delightful and charming country home is nestled on 3.4 acres and features open living/dining/kitchen, 2 bedrooms + a bonus rm that serves as a 3rd bedroom, and 2.5 bathrooms & 1,728 square feet of living space. The open floor plan includes a wide staircase that leads to 2 spacious bedrooms filled with natural light, accompanied by a guest bath. The primary bedroom suite is conveniently

    Beth Collins LPT Realty

    331 E Cove, Monterey, TN 38574
  • /52

    $400,000

    • Land
    • 11.54 Acres
    • $34,662 per Acre

    4832 Lovejoy Ln, Monterey, TN 38574

    A Place to Breathe Again If your heart has been whispering that you need space, stillness, and a life that feels more like you, this 11-acre homestead might be the answer you didn't know you were waiting for. From the moment you step into the rustic (unfinished) cabin the warmth of a wood stove promises crackling nights--and you can feel the quiet wrap around you. Two ponds shimmer across the

    Heather Cowart Highlands Elite Real Estate

    4832 Lovejoy Ln, Monterey, TN 38574
  • /7

    $499,900

    • Land
    • 1.1 Acres
    • $454,455 per Acre

    920 S Holly St, Monterey, TN 38574

    Located at 920 S Holly St, Monterey, TN 38574, this prime piece of land is situated right at Exit 300, offering excellent visibility and accessibility. With its strategic location, this property is perfect for a variety of business ventures. Potential uses for this land include multi-family development, restaurants or fast food chains, office spaces or corporate facilities, retail stores or

    Alma Mendez THE REAL ESTATE COLLECTIVE

    920 S Holly St, Monterey, TN 38574
  • /9

    $449,500

    • Land
    • 8.63 Acres
    • $52,086 per Acre

    1323 Bee Rock Rd, Monterey, TN 38574

    Prime Commercial Land-8.63 Unrestricted acres Near I-40 with Endless Potential! Opportunity knocks! This 8.63 acres is flat and offers 290 feet of road frontage and sits just less than 1 mile from I-40, making it an ideal location for a range of development opportunities-including a potential RV park, campground, or tourism-based business. Located near the scenic Bee Rock Overlook, this property

    Sarah Davis American Way Real Estate

    1323 Bee Rock Rd, Monterey, TN 38574
  • /47

    $429,989

    • 3 Beds
    • 3 Baths
    • 2,488 Sq Ft

    446 E Cove Rd, Monterey, TN 38574

    This home has living quarters upstairs and downstairs. Downstairs contains a bedroom, full bathroom, large great room, office. separate entrance and lots of storage closets

    Starlett Wessels Tri-star Real Estate & Auction Co.,

    446 E Cove Rd, Monterey, TN 38574
  • /29

    $439,000

    • 2 Beds
    • 2 Baths
    • 1,574 Sq Ft

    902 Cowpens Dr, Monterey, TN 38574

    If you've been dreaming of space, privacy, and a home that lets you truly slow down, this 9.4-acre Cumberland Cove retreat delivers all of that and more. Tucked behind a private gate and surrounded by nature, this raised ranch-style home feels like a peaceful escape—where mornings start with birdsong and evenings end in quiet.The 1,574 sq ft home offers 2 bedrooms and 2 full baths,

    Beth Collins LPT Realty, LLC

    902 Cowpens Dr, Monterey, TN 38574
  • /58

    $489,989

    • 5 Beds
    • 3 Baths
    • 2,526 Sq Ft

    503 S Pine St, Monterey, TN 38574

    Spacious Home on half of a city block, 1.38 acres. In the center of business development just off interstate 40. Ground floor, the Main living area, contains 1998 square feet. First floor contains Kitchen, Living Room, Dining Room, Master Suite, 2 Full Bathrooms, Laundry Room, 2 bedrooms one has a full wall of built in bookcases and has been used as a home office.. Open unfinished basement

    Starlett Wessels Tri-star Real Estate & Auction Co.,

    503 S Pine St, Monterey, TN 38574
  • /18

    $424,950

    • Land
    • 2.29 Acres
    • $185,568 per Acre

    1101 Bee Rock Rd, Monterey, TN 38574

    High-Traffic, High-Visibility Opportunity! Take advantage of this outstanding commerical property located at the corner of Highway 70 and Bee Rock Road-just 1/2 mile from 1-40 and approximately 90 miles to Knoxville or Nashville. With 385 feet of frontage on Highway 70. With no zoning restrictions this propery can be utilized for any varitey of commercial uses.

    Sarah Davis American Way Real Estate

    1101 Bee Rock Rd, Monterey, TN 38574
  • /60

    $437,000

    • 2 Beds
    • 2.5 Baths
    • 1,728 Sq Ft

    331 E Cove Rd, Monterey, TN 38574

    This delightful and charming country home is nestled on 3.4 acres and features open living/dining/kitchen, two bedrooms plus a bonus room that serves as a third bedroom, along with 2.5 bathrooms and 1,728 square feet of living space. The open floor plan includes a wide staircase that leads to two spacious bedrooms filled with natural light, accompanied by a guest bath. The primary bedroom suite

    Beth Collins LPT Realty, LLC

    331 E Cove Rd, Monterey, TN 38574
  • /48

    $489,000

    • 3 Beds
    • 2 Baths
    • 2,427 Sq Ft

    41 Tower Place, Monterey, TN 38574

    This beautifully-maintained 1 level home providing a wonderful opportunity to live in privacy and comfort. Home features a lovely setting with 3 bedrooms, 2 baths, a fully equipped kitchen with pantry and eat in area, 2 fireplaces ( 1 in primary bedroom and 1 in living room). An oversized sunroom to the rear of the home provides lots of additional sunlight. The washer/dryer is located in the

    Donnita Hill Elevate Real Estate

    41 Tower Place, Monterey, TN 38574
  • /69

    $411,500

    • 3 Beds
    • 2.5 Baths
    • 1,837 Sq Ft

    1023 W Laurel Way, Monterey, TN 38574

    Built in 2022 and thoughtfully improved in 2025, this home now features brand-new quartz countertops and premium LVP flooring, elevating the entire living experience with durability and style. Set on 3.84 wooded acres in the sought-after Cumberland Cove community, this property offers the rare combination of privacy, comfort, and modern living. Step inside to an airy open floor plan, where the

    Victoria Eberhart Wallace

    1023 W Laurel Way, Monterey, TN 38574

Home Trends in Monterey, TN

Housing Trends

Median Sale Price
$283,500
Median Single Family Sale Price
$277,000
Average Price Per Sq Ft
$163
Number of Homes for Sale
12
Last 12 months Home Sales
38
Months of Supply
3.80
Median List Price
$299,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
1%
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