Cherry Grove Homes under $500,000

Welcome to Cherry Grove, a delightful subdivision nestled in the heart of North Carolina, where charm meets affordability! This picturesque community offers an inviting atmosphere, making it the perfect place for families, retirees, and anyone seeking a serene lifestyle without breaking the bank.

Cherry Grove is renowned for its beautiful landscapes, friendly neighbors, and a strong sense of community. With homes priced under $500,000, this area is an exceptional choice for those looking to invest in their future without compromising on quality or comfort. Each property in this subdivision showcases unique architectural styles, from cozy single-family homes to modern designs, ensuring that there’s something for everyone.

Residents of Cherry Grove enjoy access to a variety of amenities, including well-maintained parks, walking trails, and recreational facilities. The community is also conveniently located near shopping centers, dining options, and top-rated schools, making daily life a breeze. Whether you’re strolling through the tree-lined streets or enjoying a weekend barbecue with neighbors, you’ll quickly discover why Cherry Grove is a sought-after destination.

For those seeking a vibrant lifestyle in a tranquil setting, Cherry Grove offers the perfect blend of affordability and community spirit. With homes available under $500,000, now is the ideal time to explore the possibilities that await you in this charming subdivision. Come experience the warmth and welcoming vibe of Cherry Grove – your dream home is just around the corner!

Newest Cherry Grove Homes under $500,000

$249,990

3 Beds ⋅ 3 Baths ⋅ 4433497 MLS ⋅ Cherry Grove BLDG.

Brand-new 3BR townhome with a 1-car garage in the Kannapolis/Concord market. This three-story Juniper floorplan delivers 1,576 sq ft of smart, open-concept living with separation between your main living space and private bedroom floor. The main level features a flowing great room, kitchen with granite countertops and stainless steel appliances, and dining area. All three bedrooms are on the upper level including an owner’s suite with ensuite bath. Washer, dryer, and all appliances are included — nothing extra to buy on move-in day. The lower level offers a finished flex room plus your own private garage. Exterior maintenance and lawn care are included through the HOA, so weekends are yours to enjoy. Cherry Grove is minutes from Downtown Kannapolis, the Cannon Ballers stadium, and I-85 for an easy commute to Concord or Charlotte. Seller concessions available toward closing costs and interest rate buydown — contact listing agent for current incentive details. To-be-built with 3-5 month delivery. Only 2 Juniper lots remain in the community. Schedule your model tour today.

5940 Granbury Drive, Kannapolis

$465,000

4 Beds ⋅ 2 Baths ⋅ 4433429 MLS ⋅ Cherry Grove BLDG.

Welcome to 133 Flowering Grove Lane in the desirable Cherry Grove community of Mooresville! This sought-after ranch-style home offers 4 bedrooms, 2 full baths, and an ideal split-bedroom floor plan designed for comfortable living. The spacious kitchen features an abundance of cabinetry and plenty of room to prepare meals and gather with family and friends. Enjoy holiday dinners and special occasions in the separate dining room, while the inviting living area features a gas fireplace with a new insert. The primary suite offers a trey ceiling and a relaxing retreat, with the split-bedroom design providing added privacy. Step outside to the back deck overlooking a fenced backyard with mature trees, perfect for outdoor enjoyment, entertaining, or simply unwinding at the end of the day. Additional features include a 2-car garage and natural gas utilities. Recent improvements and maintenance include a new roof in 2018, a water heater in 2017, a new fireplace insert, and cleaning of the gutters and dryer vent in September 2026. The decorative upper dining room window is also new. Residents of Cherry Grove enjoy community amenities including a swimming pool, clubhouse, playground, pickleball courts, tennis courts, and lighted streets. Conveniently located near shopping, restaurants, fitness centers, and everyday essentials, all within the Mooresville school district. Enjoy an appealing combination of one-level living, a functional floor plan, neighborhood amenities, and a convenient location—all with low HOA fees. Come see all this home has to offer!

133 Flowering Grove Lane, Mooresville

$325,000

3 Beds ⋅ 3 Baths ⋅ 4418545 MLS

Beautiful end-unit townhome offering enhanced natural light, and modern finishes. This three-level layout features a convenient main-level entry, an open-concept kitchen with 36-inch cabinets, quartz countertops, a kitchen island, and a great lighting package that elevates the entire space. Enjoy wooded views from the main-level deck, creating a peaceful backdrop with no homes directly behind. The unfinished basement includes a ceiling fan rough-in with lights, providing future expansion potential and a walkout to the private wooded area. A one-car garage adds everyday convenience. With extra windows, thoughtful design, and a private natural setting, this end-unit blends comfort, style, and opportunity for growth. This plan with basement and main level entry is no longer available.

5965 Granbury Drive, Kannapolis

$495,000

6 Beds ⋅ 2 Baths ⋅ 4414974 MLS

188 Forest Walk Way is a two-story Mooresville home built in 2005 with five bedrooms and three bathrooms across roughly 3,318 square feet. The kitchen anchors the main level with a center island, stone countertops, wood cabinetry, stainless steel appliances, and hardwood flooring that flows into the formal dining room. The main living room centers on a fireplace, and additional flexible living areas provide room to spread out. Upstairs, the primary bathroom includes a double vanity, a soaking tub, and a separate walk-in shower, with secondary bedrooms served by additional full bathrooms. Outside, a rear wood deck overlooks the backyard, and an attached two-car garage completes this well-maintained residence with practical amenities throughout. Included 100-Day Home Warranty with buyer activation

188 Forest Walk Way, Mooresville

$485,000

4 Beds ⋅ 3 Baths ⋅ 4401834 MLS

Open house for September 26th is canceled due to home going under contract. This beautiful 2-story home is in a prime Lake Norman area location: a quiet tree-lined street in the beautiful Cherry Grove community, which is so close to downtown Mooresville, dining, shopping, schools, fitness facilities, parks, and healthcare! This spacious 4 bedroom, 2.5 bathroom premier home in the award winning Mooresville Graded School District features tall ceilings, beautiful hardwood floors and crown moulding, a brand new back deck, and so much flexible living spaces for today's lifestyle. The main level includes a dedicated office, ideal for remote work, a dining room with ample seating and table space, a living room with a beautiful fireplace, a family room, and large eat-in kitchen with a kitchen island! The garage walls have been finished and painted, and the garage floor is painted as well, giving you both the storage and parking space you desire. The very tall crawlspace with entrance door gives you additional space for storage, while making working on anything on the main level easy from below. The amazing, new deck and wooded backyard offer so much entertainment space. The bedrooms are very spacious, and the primary suite offers a walk-in shower, walk-in closet, dual vanities, water closet, and large, tiled garden tub. Community amenities include sidewalks, tennis courts, and a wonderful pool! With a recently replaced roof, this home gives you the character and space you need with minimum worries. This amazing home offers you room to grow, enjoy and entertain at an amazing price, while not compromising on the finishes, yard, character, and neighborhood you've been looking for.

121 Crimson Orchard Drive, Mooresville

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .