Prescott Homes under $500,000

Welcome to Prescott, Arizona – a gem nestled in the heart of Yavapai County. Known for its rich history, stunning natural beauty, and vibrant community spirit, Prescott offers a unique blend of small-town charm and modern conveniences. With its picturesque landscapes, including the iconic Thumb Butte and the serene Watson Lake, outdoor enthusiasts will find endless opportunities for hiking, biking, and exploring the great outdoors.

Prescott is not just about breathtaking views; it’s a city steeped in history, boasting a lively downtown area filled with historic buildings, art galleries, and delightful shops. The famous Whiskey Row, lined with saloons and eateries, is a must-visit for those looking to soak in the local culture. Prescott hosts numerous events throughout the year, from the renowned Prescott Frontier Days to art festivals that celebrate the creativity of its residents.

For those seeking a home in this enchanting city, Prescott offers a variety of options under $500,000. Whether you are looking for a cozy cottage, a charming single-family home, or a modern townhouse, the real estate market here caters to diverse tastes and budgets. With its affordable housing options, Prescott is an ideal place for first-time homebuyers, families, and retirees alike.

Embrace the Prescott lifestyle where you can enjoy a slower pace of life without sacrificing access to amenities and activities. Discover your perfect home in this welcoming community and experience all the beauty and charm that Prescott has to offer!

Newest Prescott Homes under $500,000

$134,444

2 Beds ⋅ 2 Baths ⋅ 1085562 MLS

Beautiful fully remodeled and meticulously maintained 2 bd, 1 3/4 ba home surrounded by pines and only minutes from downtown Prescott! This 1344 sq ft home features a large Office/Family Room, Formal Dining, Large Living Room, separate Laundry Room with Washer and Dryer purchased in 2024, Extra large 8'x30' privacy screened front porch. Back bonus room for work shop or additional storage. Large corner lot with beautiful landscaping. Attached 2 car carport and a Tuff Shed with electricity. Front and back yards feature low maintenance and artificial turf! New upgrades include propane gas fireplace in living area, professionally painted kitchen cabinets, granite tops, microwave and electric fireplace wall insert in Family Room/ Office. 3 mini splits throughout for comfort and efficiency and more! Close to shopping, hiking and entertainment. 2 dogs allowed with 40lb max weight. On-site doggie park too! List of all upgrades and improvements are available in Docs. This is a 55 plus community. Options for financing avaiable.

1520 White Spar Road Unit A-1, Prescott

$115,000

2 Beds ⋅ 2 Baths ⋅ 1085558 MLS

Looking for that affordable HOME in Prescott? This is adorable inside and out. The home is in Shady Acres Mobile Home Park on Leased Land and offers 2 Good sized bedrooms, 2 baths and a lovely spacious living room. The home will come completely furnished as you see it, so just bring your toothbrush and clothes and start relaxing. Quiet location, close to shopping and medical. The Home has had a new roof, new A/C and new exterior paint within the last year. The 8X10 offers extra storage or workspace. Call to scheduled your showing today!

1305 Adams Avenue Unit 75, Prescott

$339,000

3 Beds ⋅ 2 Baths ⋅ 1085555 MLS

Welcome to this spacious 1,782 sq. ft., 3-bedroom, 2-bath manufactured home in the desirable Willow Lake Estates community of Prescott! Surrounded by mature landscaping and adjacent to additional open green space, this home offers a wonderful combination of privacy, space and convenience. Relax on the large covered front porch and enjoy the peaceful surroundings, or take advantage of the generous covered parking for two vehicles, workshop and versatile flex space. Inside, you'll find a spacious living and dining area plus a separate large family room, providing plenty of room to spread out and entertain. The desirable split floor plan features a generous primary suite with a large private bath on one side of the home, while two guest bedrooms and a second full bath are located on the opposite side. A newer roof and HVAC system add to the home's appeal. Conveniently located near shopping, medical facilities, parks, hiking trails, Willow Lake and Embry-Riddle Aeronautical University. Enjoy comfortable Prescott living with space inside and out!

3190 Maranatha Drive, Prescott

$375,000

2 Beds ⋅ 2 Baths ⋅ 1085530 MLS

Gated ACTIVE 55+ COMMUNITY -- This move-in-ready townhouse, with a 2-car garage (with built-in cabinets and an insulated garage door), is situated in the gated community of The Gardens/Courtyard at Willow Creek. Newer roof, countertops, and flooring. Nice front courtyard and fenced backyard provide plenty of outdoor space that requires minimal maintenance. Recently updated, it includes a stackable washer and dryer, with barn doors installed in the laundry, living room, and guest bedroom. The refrigerator/freezer is only 1 year old! All appliances are INCLUDED! The community's proximity to shopping, biking trails, and local amenities is exceptional, and reasonable HOA dues. The community clubhouse offers a pool table, fitness room, swimming pool with aerobics and volleyball classes, yoga sessions, games, a book club, and weekly social events. Limited RV parking is available (no longer than 25 ft).

3280 Iris Lane, Prescott

$475,000

3 Beds ⋅ 2 Baths ⋅ 1085523 MLS

Set on a 0.26 acre corner lot in Prescott's Yavapai Hills, this single-level ranch home has been thoughtfully updated and is ready for its next chapter. The 1,716-square-foot floor plan offers 3 bedrooms and 2 bathrooms. Over the last five years there has been a new Trex deck providing a wonderful outdoor environment, new windows, new garage door, new gas water heater, and other improvements including upgrades to the HVAC and brand new carpet, to go along with a five-year-old roof. Rooftop solar was thoughtfully installed with a system that makes sense, and the home is surrounded by mature trees and drought-tolerant landscaping, with a long concrete driveway leading to the attached two-car garage that gives the home a private, established setting.Step inside to hardwood floors that run from the tiled entry through the main living areas. The front living room is filled with natural light from two large windows and features a full wall of built-in cabinetry. At the heart of the home, the family room is centered on a freestanding wood-burning fireplace set on a round brick hearth, with skylights, a ceiling fan, and a door out to the covered deck. The open layout leaves room for dining between the family room and the kitchen, making the space easy for everyday living and entertaining.The kitchen offers crisp white cabinetry, granite countertops, tile flooring, and a skylight overhead, along with a center island with an electric cooktop, a built-in wall oven, a dishwasher, and open shelving. A window over the double sink looks out to the trees.The primary suite features new carpet, two windows, a double closet, and an en-suite bathroom with a long vanity and a glass-enclosed walk-in shower. Two additional bedrooms, also with new carpet, share a full hall bathroom with a dual-sink vanity, a tub and shower combination, and a skylight.Outside, the Trex deck offers both covered and open sections, a comfortable spot to enjoy the mature trees and cool Prescott evenings. The side yard beyond the deck is finished in rock with a flagstone path and would provide an ideal area to be enclosed for a private fenced back yard. The garage includes a garage door opener, built-in shelving, and windows for natural light, and the garage refrigerator conveys.HOA membership includes access to the Yavapai Hills clubhouse, pool, spa, and tennis courts. With city water and sewer, natural gas, a city-maintained street, and easy access to shopping, dining, and downtown Prescott, this updated Yavapai Hills home pairs single-level living with a well-established neighborhood setting.

5045 Cactus Place, Prescott

$360,000

2 Beds ⋅ 2 Baths ⋅ 7090187 MLS

Bright interiors, fresh updates, and mature landscaping create a welcoming first impression at 1791 Sarafina Drive. This 2-bedroom, 2-bath home offers approximately 1,408 square feet, including an enclosed Arizona room ideal for a reading retreat, hobby space, or additional sitting area. Vaulted ceilings and generous windows give the living and dining spaces an open, airy feel. New luxury vinyl flooring, fresh interior and exterior paint, and new fixtures complement the updated kitchen's two-tone painted cabinetry, new stainless steel appliances, gas range, and sunny breakfast nook. A large covered front porch invites you to relax among established trees and greenery, while the fenced backyard offers additional outdoor space to enjoy. A newer roof and attached 2-car garage round out this appealing Prescott home.

1791 Sarafina Drive, Prescott

$329,000

2 Beds ⋅ 2 Baths ⋅ 1085506 MLS

Welcome to this beautifully remodeled Prescott condo, ideally situated on a desirable corner lot with incredible mountain views! This inviting 2-bedroom, 2-bathroom, 1,115-square-foot home offers comfortable single-level living with a bright, modern, move-in-ready interior.Thoughtfully updated throughout, this home features new flooring, fresh interior paint, new appliances, modern light fixtures, granite countertops, a striking decorative backsplash, and a convenient pantry. The kitchen opens beautifully to the living and dining areas, creating an inviting space for everyday living and entertaining. Large windows and sliding glass doors showcase spectacular surrounding mountain views and bring in abundant natural light.Additional recent updates include all brand new windows, a roof approximately 2 years old, and approximately 2-year-old forced-air gas heating and A/C systems. Enjoy the convenience of natural gas, public water, public sewer, and in-unit laundry. The desirable corner-lot setting offers added privacy, while front and back decks provide wonderful spaces to relax, entertain, and enjoy the views. The property also offers two parking spaces, including one covered space.Whether you're looking for a full-time residence, seasonal getaway, or investment opportunity, this beautifully updated Prescott home offers modern style, incredible views, comfortable living, and a fantastic location. Come see it for yourself and experience the charm of this special property!

3070 Peaks View Lane Unit 9e, Prescott

$475,000

2 Beds ⋅ 1 Baths ⋅ 1085464 MLS

A RARE PRESCOTT OPPORTUNITY -- 1.39 ACRES MINUTES FROM HISTORIC DOWNTOWN!Tucked among towering pines and dramatic granite rock outcroppings, this unique 1.39-acre property offers the kind of setting that makes Prescott so special--privacy, character and natural beauty, yet just minutes from Historic Downtown Prescott.At the front of the property sits a charming, all-original mid-1940s 2-bedroom, 1-bath cottage with a detached one-car garage and inviting outdoor patio area. Keep its vintage character and use it as a cozy full-time residence, weekend getaway, guest house or potential short-term rental.*But the real opportunity may be what lies beyond the cottage.Behind the existing home is approximately one acre offering an incredible setting for a future custom home, surrounded by mature pine trees, native landscape and impressive granite formations. Imagine designing your Prescott dream home tucked into the rocks and trees, while retaining the original cottage for guests, extended family or potential rental income.Whether you're looking for a charming Prescott retreat today, a future custom-home site, or a property with multiple possibilities, opportunities like this--on 1.39 acres and so close to downtown--are increasingly hard to find.Come for the cottage. Stay for the possibilities.

1544 W Thumb Butte Road, Prescott

$65,000

2 Beds ⋅ 2 Baths ⋅ 1085458 MLS

2 bedroom, 2 bath older home with Newer windows, roof, flooring, hot water heater and furnace. Close to shopping, dining, entertainment and downtown Prescott.

1305 Adams Avenue Unit 28, Prescott

$310,000

2 Beds ⋅ 2 Baths ⋅ 1085447 MLS

Welcome home to this single-level, two-bedroom, two-bath condo featuring a desirable dual-master layout and beautiful mountain views. The open floor plan creates an inviting flow between the living, dining, and kitchen areas, while large windows showcase the surrounding scenery and bring in plenty of natural light. Enjoy the ease of single-level living with no stairs to navigate, plus the convenience of an attached one-car garage. The private front patio, accessible from the primary bedroom, is a peaceful spot to enjoy your morning coffee while taking in the mountain views. A second patio off the dining area provides an ideal setting for outdoor dining, entertaining, or simply relaxing. The HOA takes care of exterior building maintenance, allowing you to enjoy a low-maintenance lifestyle in beautiful Prescott.

2173 Elkhorn Drive, Prescott

$420,000

3 Beds ⋅ 2 Baths ⋅ 1085444 MLS

Welcome to 1241 Louie Street in Prescott, Arizona, where gorgeous lake views, Granite Mountain scenery, and inviting outdoor spaces create a beautiful setting for everyday living. This 3-bedroom, 2-bath home offers approximately 1,577 square feet, combining comfortable interior spaces with outdoor features that make the property stand out. Step onto the covered front deck to enjoy views overlooking the lake and the beauty of Granite Mountain. Whether starting the morning with coffee or relaxing as the day winds down, this scenic space is a natural place to gather and unwind. Inside, a fireplace adds a welcoming focal point for cool Prescott evenings, while a dining room, walk-in closet, and dedicated laundry room bring practical convenience. Central air conditioning and forced-air heating provide comfort throughout the seasons. The two-car garage offers parking and storage, and mature trees, established shrubs, and a stone retaining wall add character to the exterior. A nice, private backyard area provides another inviting place to relax, entertain, or enjoy the fresh air. RV owners will appreciate the dedicated RV parking space with power and wastewater hookups, making it convenient to keep an RV close to home and ready for the next trip. Nearby shopping and medical services add convenience to this scenic Prescott location. With lake and mountain views, a covered front deck, a private backyard, and RV hookups, this home offers a welcoming blend of comfort, function, and Arizona outdoor living.

1241 Louie Street, Prescott

$135,000

2 Beds ⋅ 2 Baths ⋅ 1085432 MLS

Welcome home to a peaceful and welcoming lifestyle in Pine Lakes. This beautifully designed home offers an inviting open-concept layout with a spacious living area that flows seamlessly into the dining room and kitchen. It features 2 comfortable bedrooms, 2 bathrooms and a versatile office/den. Newer HVAC unit, new carpet in bedrooms and new vinyl in den/study. Enjoy outdoor living and the peaceful surroundings on the covered deck in this 55+ community. Must be approved by management through credit and background checks. Lot rent is $1200/month and includes access to all amenities. Amenities include pool, spa, clubhouse, tennis court, billiard room, workout room, community kitchen and meeting room, 2 lakes, dog park, and nearby trails.

93 Alpine, Prescott

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