Prescott Homes under $500,000

Prescott Homes under $500,000

Welcome to Prescott, Arizona – a charming city nestled in the heart of Yavapai County, where the spirit of the Old West meets modern-day living. Known for its stunning natural landscapes, Prescott boasts a rich history, vibrant arts scene, and an inviting community atmosphere that makes it a sought-after destination for families, retirees, and outdoor enthusiasts alike.

With its mild climate and picturesque surroundings, Prescott offers a plethora of recreational activities, from hiking the scenic trails of the Prescott National Forest to enjoying the serene waters of Watson Lake. The city is home to several annual events, including the famous Prescott Frontier Days, which celebrates its cowboy heritage and features the world’s oldest rodeo.

For those looking to call Prescott home, you’ll be delighted to discover a variety of charming residences available for under $500,000. Whether you’re searching for a cozy single-family home, a charming cottage, or a modern townhouse, Prescott’s real estate market offers diverse options that cater to different lifestyles and budgets. Many of these homes are located in friendly neighborhoods, close to parks, schools, and local amenities, making it easy to enjoy the best of what Prescott has to offer.

In Prescott, you’re not just buying a home; you’re investing in a lifestyle filled with adventure, community, and beauty. Explore the possibilities today and discover why Prescott is the perfect place to call home!

Newest Prescott Homes under $500,000

6296 Barn Owl Avenue, Prescott
$440,000
2 Beds ⋅ 2 Baths ⋅ 7100548 MLS ⋅ 1,380 SqFt.

6296 Barn Owl Avenue, Prescott
3920 E Refuge Hideout Road, Prescott
$299,900
2 Beds ⋅ 1 Baths ⋅ 7100161 MLS ⋅ 588 SqFt.
Escape to the fresh mountain air of Spruce Mountain with this off-grid cabin set on a full acre of land. Featuring 2 bedrooms and 1 bathroom, this mountaintop retreat offers a chance to slow down and enjoy the quiet beauty of nature. The home runs on solar power and includes an owned propane tank, offering a more independent lifestyle surrounded by the outdoors. Whether you're looking for a peaceful getaway or a place to embrace off-grid living, this cabin offers a unique opportunity to enjoy the fresh air and mountain setting.

3920 E Refuge Hideout Road, Prescott
3237 Orchid Way, Prescott
$425,000
2 Beds ⋅ 2 Baths ⋅ 7099870 MLS ⋅ 1,201 SqFt.
Welcome to this inviting two-bedroom, two-bath home in The Gardens at Willow Creek, one of Prescott's premier gated 55+ communities. Whether you're seeking a full-time residence or a seasonal retreat, this charming home offers comfort and easy living. Value added features include a new water heater, a newer roof, and an HVAC system approximately 10 years old. Knotty oak kitchen cabinets bring warmth and character to the kitchen, while a cozy gas fireplace creates a welcoming setting for relaxing or gathering with friends. The fenced yard provides private outdoor space to enjoy Prescott's beautiful weather. Residents enjoy a pool, spa, clubhouse, weight room, pool table, and ample guest parking. Stay active and connected with community activities including yoga, book club, Welcome to this inviting two-bedroom, two-bath home in The Gardens at Willow Creek, one of Prescott's premier gated 55+ communities. Whether you're seeking a full-time residence or a seasonal retreat, this charming home offers comfort and easy living. Value added features include a new water heater, a newer roof, and an HVAC system approximately 10 years old. Knotty oak kitchen cabinets bring warmth and character to the kitchen, while a cozy gas fireplace creates a welcoming setting for relaxing or gathering with friends. The fenced yard provides private outdoor space to enjoy Prescott's beautiful weather. potlucks, and water aerobics. Conveniently located near shopping, medical services, restaurants, and hiking trails--with Prescott's iconic downtown Courthouse Square just a short drive away--this home offers a wonderful opportunity to enjoy a relaxed lifestyle in a welcoming community.

3237 Orchid Way, Prescott
1191 N Nancy Drive, Prescott
$475,000
3 Beds ⋅ 2 Baths ⋅ 7097980 MLS ⋅ 1,568 SqFt.
Charming 3-bedroom, 2-bathroom home in Prescott, fully renovated in 2026! Enjoy a beautifully updated kitchen with ample counter space and stainless steel appliances, refreshed bathrooms, and stunning new flooring throughout. Neutral tones create a warm, inviting feel, while the cozy fireplace adds the perfect touch of charm. Both bathrooms feature updated finishes, framed mirrors, and tiled showers. Step outside to the deck and take in the beautiful Prescott views. Move-in ready and beautifully refreshed, this home is a must-see!

1191 N Nancy Drive, Prescott
829 Alpha Lane, Prescott
$360,000
3 Beds ⋅ 3 Baths ⋅ 7097935 MLS ⋅ 1,550 SqFt.
Welcome to this inviting two-story townhome nestled in a quaint community near historic downtown Prescott! Offering 3 bedrooms, 2.5 bathrooms, and a 2-car garage, features include updated interior and exterior paint, new carpeting, and stylish updates throughout. The spacious living room flows into the eat-in kitchen, showcasing brand-new countertops and built-in microwave. A convenient laundry area with a half bath complete the main level. Upstairs, the primary suite offers a private 3/4 bath with dual vanity, charming barn door, and its own deck--the perfect spot to enjoy your morning coffee. Two additional bedrooms and a full bathroom provide comfortable space for guests, family, or a home office. Remarks continued... With its fresh updates, functional layout, and inviting outdoor space, this Prescott townhome is ready to welcome you home!

829 Alpha Lane, Prescott
1116 Samantha Street, Prescott
$415,000
3 Beds ⋅ 2 Baths ⋅ 7097572 MLS ⋅ 1,639 SqFt.
Welcome to the charm of Northlake! With its striking charcoal exterior, inviting covered porches, and light-filled interior, this thoughtfully designed 3-bedroom, 2-bathroom home offers 1,639 square feet of comfortable living in one of Prescott's established neighborhoods. Inside, discover an inviting split-bedroom floor plan, updated wood-look flooring, generous natural light, and a spacious primary suite featuring two walk-in closets and an expansive ensuite bathroom. The generously sized secondary bedrooms, each with a walk-in closet, offer flexibility for guests, hobbies, or everyday living. An enclosed flex room within the attached garage creates additional possibilities for a home office, studio, or creative space, while the remaining garage area and two-car driveway provide conveni Outside, enjoy the best of Prescott's four seasons from the covered front and back porches. The fenced backyard features a charming cherry tree, and the corner lot offers a welcoming outdoor setting with views toward majestic Granite Mountain. Just minutes from Willow Lake, scenic trails, parks, and nearby shopping and dining, this location makes it easy to enjoy Prescott's natural beauty and everyday conveniences. With no HOA, distinctive curb appeal, and inviting indoor-outdoor spaces, this Northlake favorite is ready for its next chapter. Come envision your new life within!

1116 Samantha Street, Prescott
311 S Summit Avenue, Prescott
$478,000
3 Beds ⋅ 2 Baths ⋅ 7097418 MLS ⋅ 1,616 SqFt.
A little character, a lot of charm, and a location that's hard to beat! Tucked among towering Ponderosa pines and Prescott's signature granite boulders, this delightful 1952 home captures the charm of downtown living with beautiful views, windows galore, and flexible living spaces! Natural light steals the show! An abundance of windows welcomes the outdoors in, filling the home with sunshine while framing views of the surrounding pines, granite boulders, and picturesque Prescott scenery. The main level features two bedrooms, a full bath, and inviting living spaces that celebrate the beauty of this special setting. But there's more! The lower level offers an additional bedroom and bathroom, creating an exciting opportunity for a private guest retreat, extended family accommodations, home office, or potentially a rentable guest suite. Imagine the possibilities! And then there's the location! Leave the car behind and experience the best of Prescott on foot! Stroll downtown for morning coffee, explore locally owned boutiques and restaurants, enjoy Courthouse Plaza events, or spend an evening along historic Whiskey Row. Surrounded by mature trees and natural granite outcroppings, this property offers something increasingly difficult to find: the feeling of a peaceful mountain retreat with the convenience of downtown Prescott just moments away. Whether you're looking for a full-time residence, a Prescott getaway, or a home with flexible guest accommodations, 311 S Summit Street offers character, versatility, and an unmistakable sense of place. Come for the views. Stay for the lifestyle. Fall in love with Prescott!

311 S Summit Avenue, Prescott
1544 W Thumb Butte Road, Prescott
$475,000
2 Beds ⋅ 1 Baths ⋅ 7097385 MLS ⋅ 696 SqFt.
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
919 Prosser Lane, Prescott
$415,000
2 Beds ⋅ 1 Baths ⋅ 7096809 MLS ⋅ 816 SqFt.
Charming Remodeled Cottage with Brand New 2-Car Garage on ~0.5 Acre | No HOA Welcome to this turn-key, beautifully remodeled cottage offering the perfect blend of modern upgrades and spacious outdoor living. Situated on nearly half an acre with no HOA, this versatile property is ideal as a primary residence, long-term rental, or lucrative vacation rental. Key Highlights & Recent Upgrades: Exterior & Garage: Brand new detached 2-car garage, durable HardiePlank® cement siding, and new energy-efficient windows. Interior Comfort: Modern mini-split heating & cooling system, updated flooring throughout, and freshly remodeled bathroom. Kitchen: Brand new cabinetry, countertops, and contemporary finishes. Systems & Infrastructure: Fully upgraded electrical service and panel, plus updated PEX plumbing for total peace of mind. Prime Location: Unbeatable convenience -- walking distance to Yavapai Regional Medical Center, the YMCA, and local fitness facilities right across the street. Move-in ready and full of potential.

919 Prosser Lane, Prescott
7 Granite Basin Summer Home --, Prescott
$265,000
2 Beds ⋅ 1 Baths ⋅ 7096239 MLS ⋅ 576 SqFt.
A rare Prescott escape! Nestled among towering Ponderosa pines in a gated enclave of just nine cabins on land leased from the Prescott National Forest, this private, off-grid retreat is just 1/3 mile from Granite Basin Lake and 20 minutes from downtown Prescott. Enjoy spectacular views, abundant wildlife, hiking and mountain biking trails right outside your door. Fully furnished and move-in ready, this year-round cabin features 2 bedrooms plus a finished loft for additional sleeping or storage, an adorable kitchen, newer dual-pane windows, skylights, propane wall heaters, and an oversized custom storage shed. The cabins share a private well and road maintenance. Experience peaceful mountain living in every season!

7 Granite Basin Summer Home --, Prescott
511 S Emerald Trail, Prescott
$150,000
1 Beds ⋅ 1 Baths ⋅ 7095161 MLS ⋅ 602 SqFt.
Charming and cozy, this inviting home offers the best of both worlds--peaceful surroundings that feel tucked away in nature while still being just a short drive from downtown Prescott. Situated on just under a quarter acre in a cul-de-sac, it offers limited traffic and a relaxed, private setting. The property also features an attached shed, detached shed, and workshop, providing plenty of space for storage, hobbies, projects, or outdoor gear. If you're looking for a home with a little extra elbow room and a natural, tucked-away feel without giving up convenient access to town, this one is worth a look!

511 S Emerald Trail, Prescott
918 S Lavalley Drive, Prescott
$375,000
2 Beds ⋅ 2 Baths ⋅ 7094773 MLS ⋅ 952 SqFt.
Nestled in the highly desirable Mountain Club neighborhood, this charming cabin offers the perfect blend of privacy, character, and convenience. Tucked away at the end of a quiet cul-de-sac and surrounded by towering pines, you'll enjoy a peaceful mountain setting just minutes from historic downtown Prescott. Inside, rustic wood-and-beam ceilings and a cozy fireplace create a warm, inviting atmosphere, while the charming kitchen features tasteful recent updates. The lower level offers a versatile bonus space ideal for a home office, workshop, hobby room, or additional storage. Relax on the deck, take in the serene forest views, and enjoy the tranquility of this private retreat.

918 S Lavalley Drive, Prescott
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