Lake Lanier Homes under $500,000

Welcome to Lake Lanier, a hidden gem nestled in the charming city of Landrum, South Carolina, within the picturesque Greenville County. This delightful neighborhood offers a perfect blend of natural beauty and suburban comfort, making it an ideal place for families, retirees, and anyone seeking a serene lifestyle.

Lake Lanier is renowned for its stunning views and tranquil atmosphere, with the shimmering waters of the lake serving as a picturesque backdrop to daily life. Residents enjoy an abundance of outdoor activities, from fishing and kayaking to leisurely strolls along the scenic trails that wind through the area. The neighborhood is also conveniently located near local parks, shopping, and dining options, providing both convenience and community.

One of the standout features of Lake Lanier is its diverse selection of homes available for under $500,000. Whether you're searching for a cozy cottage or a spacious family home, you'll find a variety of styles and sizes that cater to different tastes and budgets. Many properties boast modern amenities, beautiful landscaping, and easy access to the lake, making them perfect for those who appreciate the great outdoors.

The sense of community in Lake Lanier is palpable, with friendly neighbors and local events fostering connections and camaraderie. With its stunning surroundings and affordable housing options, Lake Lanier is more than just a neighborhood; it’s a place where dreams of homeownership can become a reality. Come explore the charm of Lake Lanier, where your perfect home awaits!

Newest Lake Lanier Homes under $500,000

$429,999

3 Beds ⋅ 2 Baths ⋅ 1601667 MLS

NEW PRICE REDUCTION! The updated price reflects current market feedback regarding the opportunity for updates, providing buyers with an excellent chance to make this charming lake community their own. Rare opportunity to purchase a home in the beautiful community of Lake Lanier in Landrum. This is one of just a handful of properties on Caledonia with year-round lake views. Quiet neighborhood. Add'l lots afford a buffer from the neighbors, or perhaps you want to build an ADU. The main level of the cottage features warm wood floors, with an open living room and dining area that flows into the all-seasons room and kitchen. Just down the hallway is the primary bedroom and bathroom. Enjoy quiet mornings with a cup of coffee on the screened porch while looking out over the third basin of Lake Lanier. The winter views are incredible of the second basin! Downstairs you'll find a den that opens out to a second screened porch with an adjacent covered deck. Just down the hall from the den is the laundry, hall bathroom, and two bedrooms. Large workshop with power is included. Access to private boat ramp via the third basin with $100 Lake Lanier Civic Association. Conveniently located just minutes from Landrum, Tryon, and hiker's paradise Blue Wall Preserve.Ten rows of blueberries and 6 fig trees make this place sublime in the summer! New roof in 2023, new dishwasher, everything is in tip-top shape and ready for you to start enjoying lake life & a mountain retreat!

187 Caledonia Road, Landrum

$429,999

3 Beds ⋅ 2 Baths ⋅ 340844 MLS

187 Caledonia Rd, Landrum

$475,000

3 Beds ⋅ 2 Baths ⋅ 1595834 MLS

Offered at less than tax value!! Grace Hill, circa 1930, captures the quiet charm of the Lake Lanier community — wooded streets, peaceful walks around the lake, water views along the way, and an idyllic rural feel just minutes from downtown Tryon and Landrum. Tucked beneath mature trees just off the water, this character-filled cottage offers the feeling of a private retreat with easy access to the everyday conveniences, restaurants, galleries, grocers, and entertainment venues of Tryon, Landrum, Columbus, and Saluda. The cottage blends vintage character with relaxed livability: wood shingle and lap siding, a stone foundation, warm wood floors, a welcoming sunroom, bright cottage kitchen, and a comfortable living room anchored by a brick fireplace. The home’s informal layout, sloped-ceiling loft/bonus space, and cozy nooks give it the personality of a true lake-community cottage rather than a standard suburban floor plan. Outdoor living is a major part of the appeal. Decks, a pergola, stonework, patio areas, and wooded surroundings create inviting places for morning coffee, evening gatherings, gardening, or simply enjoying the quiet. The setting feels tucked away, yet 415 E. Lakeshore is just about half a mile from the Lake Lanier dam, giving you a quick and easy route out to Hwy. 176. Property has verified lake boat ramp access. Grace Hill is a rare opportunity for those seeking history, character, privacy, and the relaxed rhythm of the Lake Lanier/Tryon/Landrum lifestyle.

415 E Lakeshore Drive, Landrum

$499,000

2 Beds ⋅ 3 Baths ⋅ 330149 MLS

Ideally situated between the charming towns of Tryon, NC and Landrum, SC, this custom-built home sits on a .71 beautifully maintained parcel with a separate .26-acre adjoining parcel for added privacy and protected year-round mountain views. From the rocking chair front porch, the front door leads to an open-concept floor plan that seamlessly connects the kitchen, dining area, and living room. The primary suite offers two closets and en-suite bath and the second bedroom, with a walk-in closet, is adjacent to the hall bath. The office, conveniently located off the living room, adjoins the laundry room/half bath that has small greenhouse window for overwintering plants. Above this space is a climate-controlled flex-room with closet that is accessed from the garage. From the office is access to a spacious den with a wall of windows that offers a panoramic view. Beautiful hand-hewn wood flooring and solid six-panel wood doors enhance the main level. From the well-appointed kitchen with granite countertops, custom cabinetry, pantry, and desk area, you access the large screened back porch, with a built-in gas grill and vented-hood system, overlooks the fenced backyard and year-round mountain view. An indoor stairwell from the den leads to the ~300 Sf climate-controlled unfinished basement (not included in the listing square footage) that is currently used as an artist studio. This room connects to an additional 285 Sf of unfinished workshop/storage space with a large utility sink, ventilation, and walk-out access. A spacious 400 Sf walk-out crawl space offers even more room for lawn equipment, tools, and seasonal storage. The fully fenced backyard keeps pets in and while deters deer from grazing on the flowers, herbs, and veggies in the raised beds. In addition to the circular driveway, there is an attached 2-car garage and a detached one-car garage (with electricity) and a separate gravel drive by the house with ample room for an RV or boat. A solar energy system adds efficiency, while a generator hookup provides peace of mind. Within walking distance of the lake, downtown Tryon, and the future Saluda Grade Trail, this property has year-round mountain views and lake access rights for boating, water skiing, swimming, and fishing (optional $75/year fee to access the boat launch). This property is in a key location near the vibrant downtowns of Tryon and Landrum that feature boutique shopping, restaurants, breweries, art galleries, and many year-round community events, and is less than 10 minutes to a local hospital. With the Saluda Rail Trail in the works, outdoor enthusiasts can also take advantage of the nearby Blue Wall Preserve, mountain biking, waterfalls, and endless hiking opportunities. One of the best equestrian destinations around with horse shows, concerts, and other fun activities year-round, the area has miles of riding trails convenient to Foothills Equestrian Nature Center (FENCE) and Tryon International. Whether you're searching for a full-time residence, mountain retreat, lake getaway, or potential vacation home, this property offers an exceptional combination of comfort, flexibility, and some of the Carolinas' most desirable recreational opportunities around!

160 Caledonia Rd, Landrum

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The Listings data contained on this website comes from various participants of The Multiple Listing Service of Greenville, SC, Inc. Internet Data Exchange. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed. © 2026 Greater Greenville Association of REALTORS®. All Rights Reserved. Last Updated

Lake Lanier Homes under $500,000

Newest Lake Lanier Homes under $500,000

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