Lake Arrowhead Homes under $500,000

Lake Arrowhead Homes under $500,000

Our website features the best real estate search for homes, condos, land and foreclosure properties available in Lake Arrowhead and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!

Newest Lake Arrowhead Homes under $500,000

106 Banyon Court, Waleska
$445,000
3 Beds ⋅ 3 Baths ⋅ 10857735 MLS
Welcome to your own private retreat in the beautiful Lake Arrowhead community, where mountain charm, nature, and resort-style living come together. Nestled among mature hardwoods and situated on three lots along the golf course, this unique home offers an incredible sense of privacy and space while still enjoying everything this sought-after community has to offer. From the moment you arrive, the home feels tucked away in the trees. Inside, the warm character continues with soaring vaulted wood ceilings, exposed beams, hardwood floors, abundant windows, and a beautiful stone fireplace anchoring the open living and dining areas. Natural light and wooded views fill the main living space, creating a cozy atmosphere that feels perfectly at home in its North Georgia setting. One of the true highlights is the home's connection to the outdoors. Step from the living area onto the expansive rear deck, or retreat to the large screened porch with its vaulted ceiling and peaceful views into the surrounding woods. Whether you're enjoying morning coffee, entertaining friends, watching wildlife, or simply listening to the sounds of nature, these spaces were designed for slowing down and enjoying the setting. A tucked-away fire pit area beneath the trees provides yet another spot to relax and unwind. The primary retreat is on the main level with two additional bedrooms located upstairs with a Jack and Jill bath. The home also offers plenty of flexible living space, including a lower-level family room with a second stone fireplace, a dedicated home office, a half bath, and additional areas that can adapt to your needs. A two-car garage and workshop/storage space add everyday functionality. With three lots included, a golf-course setting, mature trees, multiple outdoor living spaces, and the privacy of a wooded retreat, this property offers something increasingly difficult to find. All of this is located within the amenity-rich Lake Arrowhead community, where lake life, golf, trails, recreation, on site restaurant, 24hr gated, swim, tennis, pickleball, playground, basketball, volleyball, and the beauty of the North Georgia mountains are right outside your door. This isn't simply a home-it's a place to escape, recharge, and enjoy nature every day.

106 Banyon Court, Waleska

Listing courtesy of ERA Sunrise Realty.

130 Walnut Court, Waleska
$395,000
3 Beds ⋅ 2 Baths ⋅ 10850380 MLS
Welcome home to this beautifully renovated and meticulously maintained ranch, perfectly situated on an oversized, low-maintenance cul-de-sac lot in the desirable gated lake and golf community of Lake Arrowhead. Offering seasonal lake views across the cul-de-sac and a peaceful natural setting, this home combines comfort, style, and easy living. Step inside to discover a bright, open floor plan filled with natural light from an abundance of windows. The stunning kitchen has been thoughtfully renovated with a raised roofline that creates a dramatic vaulted shiplap ceiling, complemented by white cabinetry, granite countertops, and high-end stainless steel appliances. The adjoining eat-in kitchen provides the perfect space for casual dining and gathering with family and friends. The spacious great room features vaulted ceilings, a cozy fireplace, and neutral decorator colors that create a warm and inviting atmosphere throughout the home. Beautiful tile flooring that perfectly mimics the look of hardwoods flows throughout the main living areas adding both style and duribility to the home's thoughtfully updated interior. Two comfortable guest bedrooms share a full bath, offering plenty of space for family and visitors. The generously sized primary suite serves as a private retreat and features a beautifully renovated en suite bath with double vanity, a tiled shower, and elegant glass doors. Outdoor living is just as impressive with a huge front deck designed for relaxing and enjoying the beauty of nature. Watch the abundant wildlife that makes Lake Arrowhead so special while taking in seasonal lake views and the peaceful surroundings. This move-in-ready ranch offers the perfect blend of modern updates, low-maintenance living, and the exceptional lifestyle that Lake Arrowhead is known for. Perfect as a full time residence or second home. No rental restrictions make it an ideal for a STR. Great amenities. 24 hour security. Schedule your showing today.

130 Walnut Court, Waleska

Listing courtesy of Lake Homes Realty LLC.

110 Indian ridge Court, Waleska
$275,000
2 Beds ⋅ 2 Baths ⋅ 10848593 MLS
Welcome to your own private retreat in Lake Arrowhead, where peaceful wooded surroundings and natural beauty create the perfect escape from the everyday. This charming home offers a warm and inviting interior with beautiful hardwood flooring, vaulted ceilings, and an abundance of natural light. The open living area features a striking white brick fireplace and distinctive spiral staircase, creating a unique focal point and giving the home plenty of character. Large glass doors bring the outdoors in and open to a spacious deck overlooking the lush, wooded setting-perfect for morning coffee, entertaining, or simply enjoying the tranquility of nature. The kitchen features granite countertops, white cabinetry, stainless-steel appliances, and open wood shelving, offering both functionality and style. Generously sized bedrooms provide comfortable living space, while the bathrooms offer updated finishes and convenient layouts. Outside, enjoy the beauty of a private, wooded lot with mature trees, natural landscaping, and multiple outdoor spaces. The peaceful setting provides a true sense of privacy while still offering all the amenities of the Lake Arrowhead community and a view of the lake in the winter! Whether you're looking for a full-time residence, weekend getaway, or investment opportunity, this property offers the opportunity to enjoy Lake Arrowhead living surrounded by nature and character. Come experience the peaceful setting and see all this home has to offer!

110 Indian ridge Court, Waleska

Listing courtesy of Clients 1st Property Mgmt Specialist.

122 Council Oak Loop, Waleska
$419,000
3 Beds ⋅ 3 Baths ⋅ 10847394 MLS
BETTER THAN NEW in Lake Arrowhead! Discover modern comfort, mountain views, and resort-style living in this 2025-built Craftsman home. Set on a generous 0.778-acre lot in the highly sought-after, gated Lake Arrowhead community, this 3-bedroom, 2.5-bath home offers 1,841 square feet of thoughtfully designed living space, an open-concept layout, and the benefits of new construction without the wait. The inviting interior features high ceilings, stylish LVP flooring, a spacious family room with an electric fireplace, and a beautifully appointed kitchen with solid surface countertops, a large island, pantry, and stainless-steel appliances. The main-level owner's suite includes a walk-in closet, double vanity, and elegant tile bath, while two additional upstairs bedrooms provide flexible space for family, guests, or a home office. Outside, enjoy mountain views, a private patio, partially wooded surroundings, and a 3-car garage. Approved for short-term rentals, this property offers exciting potential as a vacation rental, mountain retreat, or primary residence. Additional highlights include pre-wiring for an electrical generator and an installed security system. Enjoy Lake Arrowhead's private lake, marina, golf, swimming pool, tennis, pickleball, playgrounds, and 24/7 manned gated security. Located in beautiful Waleska, GA, this exceptional Cherokee County home delivers peaceful mountain living with resort-style amenities and investment potential. Come out and see why Lake Arrowhead has been voted TOP 100 BEST PLACES TO LIVE.

122 Council Oak Loop, Waleska

Listing courtesy of Watkins Real Estate Associates.

218 Chickasaw Drive, Waleska
$449,900
3 Beds ⋅ 2 Baths ⋅ 10846573 MLS
Welcome to this MOVE-IN READY, SINGLE-LEVEL CRAFTSMAN RANCH home in the GUARD-GATED, RESORT-STYLE Lake Arrowhead community! Designed for EFFORTLESS, MODERN living, this BEAUTIFUL 3-BEDROOM, 2-BATHROOM residence offers an OPEN-CONCEPT floor plan featuring a SPACIOUS GREAT room that connects seamlessly to an ELEGANT kitchen. The GOURMET kitchen boasts STUNNING SOLID-SURFACE counters, STAINED cabinetry, a HANDY pantry, and a GENEROUS kitchen island with AMPLE seating-PERFECT for ENTERTAINING VISITING guests or hosting NEW neighbors. Retreat to the PRIVATE PRIMARY suite on the MAIN level, showcasing a DRAMATIC TRAY ceiling, an EXPANSIVE WALK-IN closet, and a LUXURIOUS PRIMARY bath EQUIPPED with DOUBLE vanities and a SLEEK WALK-IN shower. Outdoors, unwind on the COVERED REAR porch COMPLETE with an OUTDOOR COZY fireplace, ideal for QUIET mornings and RELAXING evenings. This HIGH-QUALITY home features DURABLE FIBER-CEMENT siding, LOW-MAINTENANCE EXTERIOR design, MODERN SMART-HOME technology, ENERGY-EFFICIENT systems, a TWO-STORY entrance foyer, HIGH 9-FOOT ceilings, and a TWO-CAR SIDE-FACING garage on a LANDSCAPED 0.4284-ACRE lot. Live the UNMATCHED Lake Arrowhead lifestyle with access to a 540-ACRE SPRING-FED lake, an 18-HOLE CHAMPIONSHIP golf course, 2 SWIMMING pools, TENNIS and PICKLEBALL courts, 16+ MILES of SCENIC HIKING trails, a FULL-SERVICE marina, and 24/7 MANNED security. ZONED for TOP-RATED Cherokee County schools including R.M. Moore Elementary STEM Academy, Teasley Middle, and Cherokee High.

218 Chickasaw Drive, Waleska

Listing courtesy of Atlanta Communities.

138 Louie Court, Waleska
$440,000
4 Beds ⋅ 3 Baths ⋅ 10843579 MLS
New Price! Better than New! The Owner has Made Several Thoughtful Upgrades Including Blinds Throughout, LVP Throughout the Main Level, Custom Closet System, Premium Carpet on Upper Level, Travertine Marble Tile on the Patio and Landscaping with Sprinkler System! This Beautiful Craftsman Home Sits on a Quiet Wooded Cul-de-sac Lot Surrounded by Beautiful Hardwoods. The Covered Front Porch Welcomes You into the Open Floorplan Showcasing a Crisp White Chef's Kitchen with Stainless Steel Appliances, Walk-in Pantry and Granite Counter Tops. The Kitchen Opens Directly to the Airy Dining Area and Great Room, Where Vaulted Ceilings Amplify the Natural Light and Create an Inviting Space to Relax or Entertain Family and Friends. This Living Space Offers Access to a Private Covered Patio Where You can Experience the Abundant Wildlife of Lake Arrowhead. The Spacious Primary Suite on The Main Overlooks the Wooded Back Yard and Leads to the Primary En Suite with Double Vanity, Oversized Tile Shower and Custom Closet! A Guest Room on the Main is Perfect for Overnight Guests or a Dedicated Home Office. Upstairs are Two Additional, Well Sized Guest Rooms, Each with Large Closets and a Shared Full Bath for Convenience. This Private Gated Community is Nestled in the Foothills of the North Georgia Mountains. Lake Arrowhead is Known as One of Georgia's Cleanest Lakes Offering 540 Acres of Crystal Clear Water and 22 Miles of Shoreline. Enjoy the Fabulous Amenities Offered, Including Golf, Clubhouse with Restaurant, Two Pools, Hiking Trails, Parks, Pickleball, Marina and So Much More!

138 Louie Court, Waleska

Listing courtesy of Lake Homes Realty LLC.

Start Your Search

© 2026 Georgia MLS. All rights reserved. Information Deemed Reliable But Not Guaranteed.