College Park Homes under $500,000

Welcome to College Park, a vibrant and inviting subdivision that perfectly blends the charm of suburban living with the conveniences of urban life. Nestled in the heart of the United States, College Park is renowned for its friendly atmosphere, beautiful tree-lined streets, and a strong sense of community. This neighborhood is ideal for families, young professionals, and retirees alike, offering a diverse range of amenities and recreational opportunities.

One of the standout features of College Park is its accessibility to quality education and cultural experiences. The area is home to several reputable schools, making it an attractive choice for families looking to provide their children with a solid educational foundation. Additionally, the proximity to local parks, sports facilities, and community events fosters a lively and engaging lifestyle for residents of all ages.

For those seeking affordable housing options, College Park boasts an impressive selection of homes priced under $500,000. Whether you’re looking for a cozy starter home, a charming bungalow, or a spacious family residence, you’ll find a variety of choices that cater to different tastes and preferences. These homes often feature modern amenities, well-maintained yards, and easy access to local shops and dining, ensuring that you can enjoy the best of both comfort and convenience.

Discover the warmth and charm of College Park, where community spirit thrives, and homeownership is within reach. With its affordable housing options and an array of local attractions, College Park is not just a place to live; it’s a place to call home. Come explore what makes this subdivision a perfect fit for you!

Newest College Park Homes under $500,000

$435,000

2 Beds ⋅ 2 Baths ⋅ 10190578 MLS ⋅ ACTIVE Status

Built in 1915 and fully reimagined, 1320 Oakwood keeps the character and skips the projects. Original hardwoods in the living and dining rooms were refinished by hand, and they glow in the afternoon light. Almost everything else is brand new, with updates extending beyond the finishes to include the foundation and electrical systems. The kitchen is bright and easy to cook in, with white shaker cabinets, quartz counters and stainless appliances. Beside it, a built-in breakfast bar with pendant lights, ready for coffee or a laptop. Both baths are new, one with a tiled tub and shower, the other with a walk-in shower and rain head. Laundry is conveniently hidden behind frosted glass doors, just off the kitchen and the primary bedroom. Out front, an enclosed porch with a painted blue ceiling, made for slow evenings. Out back, a fenced yard offering privacy despite being tucked in on the edge of downtown, plus the convenience of dedicated off-street parking. You're just over a mile from the heart of the city, and this block is waking up, with new streetscape work at the corner and the New Bern Avenue transit line underway.

1320 Oakwood Ave, Raleigh

$375,000

2 Beds ⋅ 1 Baths ⋅ 10181747 MLS ⋅ ACTIVE Status

Charming 2 bed 1 bath + office ALL BRICK bungalow loaded with recent improvements in highly desirable Downtown Raleigh location. Fresh interior & exterior paint. Refinished hardwoods throughout most of the home. New HVAC system 2024 with transferable warranty. New windows 2024. New roof 2023. Renovated kitchen (2024/2026) offers new cabinetry, granite + butcher block countertops, stainless steel appliances, subway tile backsplash & under cabinet lighting. All appliances convey. Remodeled bathroom with LVP flooring, new vanity top & tiled shower/tub. New light and plumbing fixtures. Spacious family room features gas log fireplace. Formal dining room with arched entry. There's truly nothing left to do to this home other than move in and enjoy! The Jones St/College Park neighborhood is positioned to benefit from several major City of Raleigh investments into the community in the near future including a $29.5 million redevelopment of Tarboro Road Park, the New Bern Avenue Bus Rapid Transit corridor, and new sidewalks, streetscape improvements and a multi-use path connecting the area toward downtown. Now is the time to invest in this area before it explodes!

1304 E Jones St, Raleigh

$209,900

4 Beds ⋅ 3 Baths ⋅ 1658389 MLS ⋅ ACTIVE Status

Looking for space, convenience, and long-term savings? This large brick ranch delivers it all. With four bedrooms and three full bathrooms, including two private ensuites, this home offers flexibility for families, guests, or even rental potential.Low-maintenance brick exterior built to lastMinutes from shopping and the beaches — enjoy lifestyle perks without the premium price Updated kitchen with stainless steel appliances and modern cabinets, seamlessly connected to the open dining and family room for easy entertainingHigh-quality wood-look tile flooring in the family room — stylish, durable, and budget-friendly upkeep Major upgrades already done; metal roof (6 years old) and HVAC (3 years old) — saving you thousands in future expensesLarge fenced backyard with two storage sheds, perfect for hobbies, storage, or outdoor funExpansive rear deck designed for gatherings without costly renovationsThis home combines location, space, and smart updates — giving you the peace of mind that big-ticket items are already taken care of. A true must-see for buyers who want maximum value without sacrificing comfort!

4807 Palamor Dr, Brunswick

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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 .