Lancaster Homes under $500,000

Lancaster Homes under $500,000

Welcome to Lancaster, a charming subdivision nestled in the heart of the United States, where community spirit and suburban tranquility come together to create an inviting atmosphere for families and individuals alike. Known for its picturesque landscapes and friendly neighbors, Lancaster offers a unique blend of modern living and small-town charm.

One of the standout features of this delightful community is the availability of beautiful homes under $500,000, making it an attractive option for first-time homebuyers, growing families, and anyone looking to invest in a vibrant neighborhood. These homes boast a variety of architectural styles, from cozy ranch-style houses to contemporary two-story designs, each offering a perfect canvas for you to create your dream space.

Lancaster is not just about affordability; it’s also about lifestyle. Residents enjoy access to a plethora of amenities, including parks, walking trails, and recreational facilities that encourage an active, outdoor lifestyle. The subdivision is also conveniently located near shopping centers, restaurants, and schools, ensuring that everything you need is just a stone’s throw away.

In addition, Lancaster hosts a variety of community events throughout the year, fostering a sense of belonging and camaraderie among its residents. Whether it’s a summer barbecue, holiday festivities, or local farmers' markets, there’s always something happening in this lively neighborhood.

Explore the possibilities that await you in Lancaster, where your dream home is not just a dream, but an affordable reality waiting to be discovered!

Newest Lancaster Homes under $500,000

4636 Grebe Pl, Waldorf
$299,900
3 Beds ⋅ 2 Baths
Welcome to your affordable and beautiful townhome! 4636 Grebe Pl is a 3 bedroom, 2 full bath townhome in the St. Charles Lancaster community of Waldorf, Maryland. With hardwood flooring, an updated kitchen and a finished basement, this home offers comfortable living space with room to make it your own. The kitchen features granite countertops and stainless steel appliances. Sliding glass doors lead to a convenient rear deck, perfect for gatherings. Upstairs, there are 3 bedrooms offering plenty of space to settle in, as well as ample storage. The finished basement provides a recreation room for movie nights or additional living space. The walkout basement also includes a spacious laundry room and a full bathroom. Whether you are buying your first home or expanding your portfolio in Charles County, this Waldorf townhome is worth a look.

4636 Grebe Pl, Waldorf

Listing courtesy of Samson Properties. Contact:

320 S Queen St, Lancaster
$219,900
Check out this professionally managed, cash flowing 2-unit building in the heart of Downtown Lancaster. Offering value-add potential for investors looking to increase rents and build equity from day 1. Priced to sell and ready for its next chapter! The property next door at 318 S Queen St, Lancaster (4-unit) is also listed for sale by the same owner. Bring your vision & schedule your private showing today!

320 S Queen St, Lancaster

Listing courtesy of Yorktowne Property Shoppe, LLC. Contact:

318 S Queen St, Lancaster
$339,900
Prime opportunity at 318 S Queen Street in Downtown Lancaster. This professionally managed 4-unit property offers value-add potential, month-to-month leases and a strong opportunity for an investor looking to increase rents and build equity. This property is priced to sell and ready for its new owner. Bring your vision & unlock the potential! The property next door at 320 S Queen St, Lancaster (2-unit) is also listed for sale by the same owner. Schedule your private showing today!

318 S Queen St, Lancaster

Listing courtesy of Yorktowne Property Shoppe, LLC. Contact:

235 Green St, Lancaster
$279,000
3 Beds ⋅ 3 Baths
A true third-floor primary suite with an en suite bath and substantial closet space is an unexpected find in Lancaster City—particularly under $300k. Offering three bedrooms, two and a half bathrooms, and three full floors of living space, this home distinguishes itself not simply by its size, but by how intelligently that space is arranged. The first floor is designed for everyday living, with generous gathering spaces and the added practicality of a powder room. Upstairs, the second floor provides multiple bedrooms, a full bath, and conveniently located laundry, keeping the necessities of daily life where they make the most sense. The third floor is something altogether different. Dedicated to the primary suite, it creates a genuine sense of privacy within the home, with an en suite bathroom and unusually abundant closet space. Rather than simply adding another bedroom, this floor functions as a retreat of its own. The three-bedroom configuration also creates flexibility that extends well beyond sleeping quarters. There is room for guests, dedicated office space, a studio, library, or whatever the next owner’s life requires. What makes this home particularly compelling is the combination: substantial square footage, three bedrooms, 2.5 baths, second-floor laundry, a private primary suite, and the character and convenience of Lancaster City—all at a price below $300,000. For buyers wondering what their money can still buy in Lancaster City, this home offers a rather convincing answer.

235 Green St, Lancaster

Listing courtesy of RE/MAX SmartHub Realty. Contact:

542 E Orange St, Lancaster
$275,000
4 Beds ⋅ 2 Baths
Welcome to your NEW Lancaster City Home - 542 E Orange. This 4-bedroom, 1.5-bath home offers the perfect balance of city living and personal space. As you arrive, you’ll notice the large front porch, ideal for relaxing or welcoming guests, and the home’s position set back from the road, adding a touch of privacy. Step inside to find a wide-open entry room, a bright and versatile space that sets the tone for the rest of the home. Fresh updates throughout provide a modern feel while maintaining the home’s character. The main level flows naturally into spacious living and dining areas, with plenty of room for everyday living or entertaining. Upstairs, four bedrooms offer flexibility for sleeping arrangements, work-from-home setups, or extra storage. Located just blocks from the city center, this home puts restaurants, shops, and conveniences right at your fingertips.

542 E Orange St, Lancaster

Listing courtesy of Keller Williams Elite. Contact:

317 N Mulberry St Unit 201, Lancaster
$419,900
2 Beds ⋅ 2 Baths
Luxury, character, and modern style come together beautifully in this exceptional condo at 317 North Condominiums. Housed in a beautifully preserved historic brick building, this unique residence blends original architectural details with sophisticated modern updates. The spacious open-concept interior features gleaming hardwood floors, exposed brick walls, impressive timber beams, soaring ceilings, and oversized windows that fill the space with natural light. The stylish kitchen offers crisp cabinetry, stainless steel appliances, a striking backsplash, and a large island with seating, creating the perfect connection to the dining and living areas. Industrial-inspired details, contemporary lighting, and warm finishes give the home a distinctive upscale feel while maintaining its historic character. The primary suite features a double-door entry, private balcony, and a sophisticated private bath with a luxurious walk-in shower. A spacious guest bedroom, full guest bath, and convenient in-unit laundry area complete the well-designed layout. A secure gated entrance leads to the beautifully landscaped courtyard, while private garage parking adds an exceptional level of convenience. A rare opportunity to own a truly distinctive luxury residence where historic charm meets modern sophistication. Just minutes to Lancaster General Hospital, Franklin & Marshall College. Walking distance to parks, local eateries, shopping.

317 N Mulberry St Unit 201, Lancaster

Listing courtesy of Keller Williams Keystone Realty. Contact:

144 E Liberty St, Lancaster
$319,900
4 Beds ⋅ 3 Baths
Welcome to 144 E Liberty St—a beautiful Lancaster City property that blends timeless character with a complete, top-to-bottom refresh. Tucked into the north side of the city, you'll love the quick, easy access out of town while still being right in the heart of everything Lancaster has to offer. Step inside to gleaming hardwood floors and a beautiful new galley kitchen designed to be the heart of the home. With 5 bedrooms and 2.5 baths, there's room for everyone—including a spacious primary suite that gives you a true retreat at the end of the day. Out back, a private backyard space offers the perfect spot to relax, entertain, or simply enjoy a quiet morning. Fully refinished and move-in ready, this is city living done right. Come see it for yourself.

144 E Liberty St, Lancaster

Listing courtesy of Keller Williams Elite. Contact:

338 S Ann St, Lancaster
$234,900
5 Beds ⋅ 3 Baths
Welcome to 338 S Ann St! This beautifully updated home offers an expansive layout featuring 5 spacious bedrooms, 2 full bathrooms, and 1 half bathroom. At the heart of the home is a fully renovated kitchen, thoughtfully designed with modern updates to accommodate all your culinary needs. Extensive major updates provide complete peace of mind, including a main roof that is less than 5 years old, alongside a newer furnace and hot water heater. The fully finished basement adds incredible versatility to the property, featuring a complete in-law suite layout that is ideal for multigenerational living, hosting guests, or creating an independent living space. Combining space, modern renovations, and major component upgrades, this property is ready for its next owner to move right in.

338 S Ann St, Lancaster

Listing courtesy of Coldwell Banker Realty. Contact:

2010 River Rd Unit NORTHERN NECK, Lancaster
$425,000
3 Beds ⋅ 3 Baths
Complete infrastructure gut Renovation with all new systems built to modern code with full county permits: All-new electrical wiring & 200-amp panel, all-new PEX plumbing, and a brand-new high-efficiency HVAC system. Brand-new roof, energy-efficient windows, subfloors, and framing additions. Pristine insulation, modern drywall, luxury flooring, and premium designer kitchen and baths. Enjoy the structural integrity of an established foundation paired with the security and efficiency of 100% new construction. It's perfectly situated on 2 private acres in Lancaster's premier recreational corridor. Enjoy pristine nature trails and boat launches at Belle Isle State Park just minutes away, with the convenience of Kilmarnock's dining and boutique shopping right down the road. Enjoy zero deferred maintenance and total peace of mind in this beautiful new build. Amazing wide staircase leading to two expansive bedrooms each adorned with walk-up closets and sharing beautifully tiled full bathroom. Main Level expanded primary suite w/ fabulous spa-inspired bathroom and generous walk-in closet, Family/living room, spacious half bath, stunning gourmet kitchen featuring a spacious island with seating, Stainless Steel Appliances, elegant cabinets, fabulous granite and can’t beat the stunning large island and open dining area. Don’t miss laundry room w/ new front load washer/dryer. A mechanical room houses new heat, water tank and hot water heater. Beautiful LVL hardwood flooring throughout house. Sit and enjoy peaceful shade of spaciously covered porch spanning the front of the house or your brand-new patio off the kitchen where grilling and gatherings are wonderful or watching sunrises/sunsets. A detached shed completes this home. Bring your boat or buy one as leisure is at your doorstep down the street at Belle Isle State Park with shoreline on Rappahannock River offering an array of habitats and allows for many recreational opportunities, including boating, paddle boating, canoeing, kayaking, horseback-riding, camping and more. Belle Isle also has three picnic shelters, hiking, biking and bridle trails, motorboat and car-top launches, offering bicycle, canoe, kayak and paddleboard rentals, a universal access playground, a boardwalk and fishing pier, and educational programs. Just want to launch your boat -other options either at Thomas Landing located off River Road via Thomas Landing Road, this site is free and open dawn to dusk or Simonson Landing VDWR Boat Ramp providing direct launch access to the Rappahannock River. The ramp features a wheelchair accessible entrance and wheelchair accessible parking lot, making it one of the more inclusive launch points along this stretch of the Rappahannock. River Rd. is perfect for primary residence, weekend retreat, or investment property to create unforgettable memories in your own private oasis at 2010 River Road.

2010 River Rd Unit NORTHERN NECK, Lancaster

Listing courtesy of Pearson Smith Realty, LLC. Contact:

727 High St, Lancaster
$230,000
3 Beds ⋅ 2 Baths
Welcome to 727 High Street! This charming end-unit home offers 3 bedrooms and 1.5 bathrooms. Enjoy the convenience of a one-car garage, providing off-street parking and additional storage. Step outside to a spacious deck overlooking the fully fenced backyard—perfect for entertaining, relaxing, or pets. Conveniently located near downtown Lancaster, you'll have easy access to shopping, restaurants, parks, schools, and major commuter routes. Whether you're a first-time homebuyer or looking for your next home, this property offers comfort, convenience, and great value. Schedule your private showing today! Pictures will be available Friday, September 4th.

727 High St, Lancaster

Listing courtesy of Home 1st Realty. Contact:

1830 Columbia Pike Unit 306, Arlington
$299,900
2 Beds ⋅ 1 Baths
New price! Get it while you can. ***Open Sat 9/19 from 2:00-4:00pm*** Move right into this beautifully refreshed condo at The Lancaster, freshly painted and truly turnkey! Eastern exposure floods the space with soft morning light, making every day start on a bright note. Step onto your private balcony for a quiet coffee, an evening unwind, or open views that just make you want to linger. Inside, the layout flows easily between living and dining areas, with generous closet space and thoughtful updates throughout. It's the kind of home that feels move-in ready the moment you walk in — easy, comfortable, and simple to settle into. The Lancaster is a rare find for the value it offers: a community pool, secure building entry, on-site management, common laundry, bike storage, and ample parking. And here's the best part — the condo fee wraps in all utilities, gas, electric, water, heat, and air, for wonderfully predictable living! Set right on Columbia Pike, you're moments from the Pentagon, Pentagon City, Amazon HQ2, D.C., Reagan National, and I-395, with shops, dining, parks, and bus lines just outside your door. This one won't last.

1830 Columbia Pike Unit 306, Arlington

Listing courtesy of KW Metro Center. Contact:

624 Poplar St, Lancaster
$235,000
4 Beds ⋅ 1 Baths
SELLER FINANCING AVAIALABLE. Step inside 624 Poplar St and feel instantly at home. 4 bedrooms plus an office space. Clean basement. Large kitchen. Yard great for family fun and entertaining. Off street 2+ car parking. This beautifully renovated property welcomes you with a bright, open living space that’s perfect for relaxing or hosting, while the sleek, modern kitchen invites you to cook, gather, and create memories. Spacious bedrooms offer the comfort and flexibility you’ve been looking for. Tucked away on a quiet street yet just moments from parks, shopping, and the energy of downtown Lancaster, this home gives you the lifestyle you want with the convenience you need. All the work has been done, just move in and start living. Opportunities like this don’t come around often… come see it before it’s gone.

624 Poplar St, Lancaster

Listing courtesy of Coldwell Banker Realty. Contact:

Start Your Search

How much is your home worth?

Get instant property value now!