Deerwood Homes under $500,000

Welcome to Deerwood, a charming subdivision nestled in the heart of a vibrant community, where nature and modern living harmoniously coexist. Known for its lush green spaces, friendly neighbors, and a tranquil atmosphere, Deerwood is the perfect place to call home for families, young professionals, and retirees alike.

One of the standout features of Deerwood is its diverse selection of homes, with many beautiful properties available for under $500,000. This affordability does not compromise quality; you'll find well-designed homes that boast modern amenities, spacious layouts, and inviting outdoor areas perfect for entertaining or enjoying a peaceful evening under the stars. Whether you’re looking for a cozy single-family residence or a stylish townhouse, Deerwood has something to suit every taste and budget.

The community is also conveniently located near essential amenities, including shopping centers, schools, and recreational facilities. Families will appreciate the proximity to top-rated schools, while outdoor enthusiasts can take advantage of nearby parks and walking trails that encourage an active lifestyle.

Deerwood isn’t just a place to live; it’s a community where neighbors become friends, and memories are made. With its affordable housing options and welcoming atmosphere, Deerwood is an ideal choice for anyone looking to settle down in a vibrant and nurturing environment. Come explore what Deerwood has to offer—you might just find your dream home waiting for you!

Newest Deerwood Homes under $500,000

$190,000

3 Beds ⋅ 2 Baths ⋅ 4426204 MLS

Opportunity awaits at 523 Culloden Court! This property is ready for a complete renovation and offers a great opportunity for an investor, renovator, or buyer looking to create a home tailored to their own vision. With the right updates and improvements, this home has the potential to be transformed and brought back to life. Conveniently located in Charlotte within minutes of the White Water Center, easy access to shopping, dining, major roadways, and all the Queen City has to offer. Property is being sold as-is, and the seller will make no repairs. Bring your contractor, your ideas, and your vision to unlock the possibilities this property has to offer!

523 Culloden Court, Charlotte

$430,000

3 Beds ⋅ 2 Baths ⋅ 4417222 MLS

Welcome to easy, elegant living in the highly desirable Deerwood Community of South Asheville. This stunning low-maintenance one level villa perfectly combines comfort, style and convenience. Hardwood floors flow seamlessly throughout main rooms, welcoming dining room sets stage for memorable meals and entertaining. Expansive great room serves as the heart of the home, complete with a cozy, vented gas fireplace. The spacious kitchen boasts durable Corian counters and ample workspace with induction range and convection oven. A breakfast area offers the perfect spot for morning coffee and opens to a back deck for easy relaxation. Three comfortable bedrooms and two full baths provide plenty of space for family and guests. The third bedroom easily transforms into a dedicated home office. A pristine 2 car garage protects vehicles from elements and extensive built-in storage keeps seasonal items organized. Built-in work station with cabinets and epoxy flooring. Living in Deerwood means enjoying a resort-lifestyle:premier pickleball and tennis courts, clubhouse for happy hours and neighborhood gatherings and a sparkling in-ground pool for summer afternoon enjoyment. ** ALL POPCORN CEILING HAS BEEN REMOVED! FRESHLY PAINTED INTERIOR!

121 Deerlake Drive, Asheville

$137,900

2 Beds ⋅ 2 Baths ⋅ 4416170 MLS

Opportunity awaits with this manufactured home situated on .82 acres!! Whether you're looking for an affordable place to call home, an investment property, or an opportunity to add value, this property offers plenty of potential. Enjoy the spacious homesite and the possibilities that come with owning this property. A great opportunity at an attractive price point—don't miss your chance to make this property your own! This manufactured home is not on a permanent foundation.

6584 Deerwood Trail, Vale

$235,000

4 Beds ⋅ 2 Baths ⋅ 1661872 MLS

Welcome to 244 Deerwood Drive in Hinesville—a charming 3-bedroom, 2-bath home offering comfort, functionality, and no HOA restrictions. This well-maintained property features a practical layout with inviting living spaces and a spacious yard perfect for relaxing or entertaining. Conveniently located just minutes from Fort Stewart, shopping, dining, and local schools, it combines everyday ease with a quiet neighborhood setting—making it a great option for homeowners or investors alike.

244 Deerwood Dr, Hinesville

$474,900

3 Beds ⋅ 2 Baths ⋅ 4376799 MLS

Experience the effortless lifestyle of South Asheville in this move-in ready, one-story villa located in the prestigious Deerwood community. Boasting an array of premium upgrades and improvements, this home features a bright and open floor plan ideal for hosting guests. Enjoy a serene sense of privacy on the rear deck, perfectly situated off the kitchen and main living areas for seamless indoor-outdoor flow. The Deerwood community is a true standout, offering a clubhouse, pool, tennis, and pickleball courts within a highly walking-friendly environment. Ideally positioned just minutes from the Blue Ridge Parkway, you’ll also enjoy quick access to fantastic restaurants and all the premier amenities of South Asheville. Complete with a spacious two-car garage, this exceptional residence offers the perfect blend of comfort, style, and convenience for its next owner.

136 Deerlake Drive, Asheville

$395,000

3 Beds ⋅ 3 Baths ⋅ 4362640 MLS

Located in the desirable south Asheville community of Deerwood, this two story townhome is ready for your personal touches. Improvements include a Pella 2-panel window wall, Electrical system upgrades including the kitchen, additional hardwood floors installed, and a new dishwasher and refrigerator in 2025. Deerwood is a walking community with a clubhouse, community pool, tennis and pickleball courts, and monthly and seasonal events are held for all to enjoy. Minutes from the Blue Ridge Parkway and all that south Asheville has to offer.

110 Clubwood Court, Asheville

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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 .