Somerset Homes under $500,000

Somerset Homes under $500,000

Welcome to Somerset, a charming subdivision nestled in the heart of North Carolina! This vibrant community offers the perfect blend of suburban tranquility and modern convenience, making it an ideal place for families, young professionals, and retirees alike. With its picturesque streets and well-maintained parks, Somerset is not just a neighborhood; it’s a lifestyle.

One of the standout features of Somerset is its diverse range of homes available for under $500,000. This price point makes it accessible for first-time homebuyers and those looking to downsize without compromising on quality or comfort. The homes in Somerset boast a variety of architectural styles, from cozy townhouses to spacious single-family residences, ensuring there’s something for everyone. Many of these properties come equipped with modern amenities, open floor plans, and beautifully landscaped yards, perfect for enjoying North Carolina’s mild climate.

Living in Somerset means you’re never far from essential amenities. The subdivision is conveniently located near shopping centers, restaurants, and recreational facilities, providing residents with everything they need just a stone's throw away. Families will appreciate the proximity to highly-rated schools, while outdoor enthusiasts can take advantage of nearby parks and walking trails.

In Somerset, you’ll find not only a home but a welcoming community where neighbors become friends. With its inviting atmosphere and affordable housing options, Somerset is truly a hidden gem in North Carolina. Come explore your future home in this delightful subdivision and experience the charm that Somerset has to offer!

Newest Somerset Homes under $500,000

526 Osborne Rd, Winston-Salem
$290,000
3 Beds ⋅ 2 Baths ⋅ 10199456 MLS ⋅ ACTIVE Status
Welcome home to this updated brick ranch in the desirable Somerset area of Winston-Salem! Offering 3 bedrooms, 2 full bathrooms, and a versatile partially finished basement, this home combines classic charm with modern conveniences. The main level features hardwood floors, an inviting kitchen, and a dining area with sliding doors leading to a covered deck—perfect for relaxing or entertaining. The lower level offers additional living space with a den, gas-log fireplace, wet bar, laundry area, and extra storage. Enjoy added peace of mind with a seller-installed radon mitigation system, plus modern bathroom features including Bluetooth-enabled lighting and speakers. Conveniently located near shopping, dining, and everyday amenities, this home offers comfortable living with flexible space to fit your needs. Schedule your showing today!

526 Osborne Rd, Winston-Salem
117 Blue Water Dr, Raeford
$295,000
4 Beds ⋅ 3 Baths ⋅ LP770228 MLS ⋅ ACTIVE Status
Charming ranch-style home in the quiet Somerset Subdivision. This 4-bed, 3-full-bath home features vaulted ceilings, a cozy living room fireplace, and a spacious kitchen with stainless steel appliances and a dining area overlooking the large fenced backyard. The first floor also includes a laundry room, two additional bedrooms, and a full bath.The primary suite offers trey ceilings, a walk-in closet, and an en-suite with a garden tub, double vanity, and separate shower.Upstairs provides a bonus room, fourth bedroom, and another full bath—ideal for guests or flex space. This home truly offers something for everyone. Seller is offering 5K toward closing costs.

117 Blue Water Dr, Raeford
817 Hobson Rd, Raeford
$348,900
4 Beds ⋅ 3 Baths ⋅ LP764889 MLS ⋅ ACTIVE Status
A rare find in Raeford: Pull in off Hobson Road and the first thing you'll notice is the quiet. The home sits on 1.72 acres behind a wooded buffer and privacy fence, with no HOA: 4 bedrooms, 3 full baths, and 2,048 heated square feet, built in 2003.Picture evenings by your own in-ground pool, morning coffee on the deck, dinner at the island, slow nights under the gazebo.Step inside and you're in the heart of the home: the living room, dining room, and a kitchen set up for real cooking. It has granite counters, a stainless double oven, a double-door fridge with water and ice, and a movable island with storage underneath. All appliances convey.A few steps down from the kitchen is the lower level, with a second living room, a primary suite, and the laundry. On cooler nights, the fireplace down there is where you'll want to be. Head upstairs and you'll find another primary suite and two more bedrooms. Both suites have dual vanities and a soaking tub for the end of a long day. Hardwood and tile run throughout, so there's no carpet to replace.When the weather warms up, the pool is ready. It's been well maintained and got a new liner in 2025. The big worries are handled, too. The HVACs was replaced in June 2023. The crawlspace is encapsulated with a sump pump and dehumidifier, which helps keep moisture out from under the house and protects the structure, and it's backed by a 25-year warranty. A two-car attached garage and outside storage round it out. Septic system and Hoke County water.It's about 30 minutes to Fort Bragg. Come see what 1.72 acres of privacy feels like in person. Offered by Olive and Co. Realty.

817 Hobson Rd, Raeford
246 Fallingleaf Dr, Raeford
$275,000
3 Beds ⋅ 3 Baths ⋅ LP760301 MLS ⋅ ACTIVE Status
Investor Special! This property is currently tenant-occupied, making it an excellent turnkey investment opportunity with immediate rental income. The home is being sold subject to the existing lease, which remains in effect through July 2027, allowing the new owner to enjoy consistent cash flow from day one. Whether you're looking to expand your investment portfolio or secure a future primary residence, this property offers both stability and long-term potential.Well maintained home located in a desirable neighborhood just minutes from Fort Bragg (Chicken Gate). Enjoy convenient access to hospitals, schools, shopping, and dining while still benefiting from no city taxes.This beautiful two-story home features 3 bedrooms plus a large bonus room, offering flexible space for a home office, playroom, or guest area. The spacious primary suite is located on the main floor, providing comfort and privacy, while the two additional bedrooms and oversized bonus room are upstairs.

246 Fallingleaf Dr, Raeford
185 Briarwood Pl, Wake Forest
$450,000
3 Beds ⋅ 3 Baths ⋅ 10165333 MLS ⋅ ACTIVE Status
*** $25K PRICE IMPROVEMENT & UP TO $15K BUYER INCENTIVE! *** Now offering up to $15K IN COMBINED LENDER AND SELLER CREDITS to use toward closing costs or an interest rate buydown when financing with preferred lender Anthony Gallup of NEXA Lending! Lower your upfront costs or potentially reduce your monthly mortgage payment! Don't miss this opportunity to make homeownership more affordable! PLUS NO CITY TAXES! Come see this lovely, well-maintained, one-owner custom home offering desirable first-floor living and a charming rocking chair front porch on a spacious 0.74 acre lot with a wooded backdrop for added privacy! This beautiful home features an inviting open floor plan with a split-bedroom layout, offering 3 bedrooms and 2 full baths on the main level. Upstairs, you'll find a spacious bonus room or 4th bedroom with a full bath, perfect for guests, a home office, or flexible living space. The family room showcases a vaulted ceiling and cozy gas fireplace, creating a warm and inviting gathering space. A tubular skylight in the dining room brings in additional natural light. The primary suite features a walk-in closet and a luxury bath with dual vanities, a separate shower, and a relaxing garden tub. Designed with comfort and efficiency in mind, this home includes an energy-efficient sealed crawlspace that helps maintain temperatures similar to those inside the home. This feature can improve enhance comfort, help control moisture and humidity, and potentially reduce energy costs. Enjoy outdoor living and entertaining on the screened-in porch or in the expansive yard with a peaceful wooded backdrop. The long driveway provides ample parking, while the 2-car garage and storage shed offer plenty of additional storage space. Located just outside city limits, this home offers peace and privacy while still being conveniently close to shopping, dining, parks, highways, and everyday amenities. (Buyer incentive subject to lender approval, buyer qualification, and applicable loan program guidelines. Terms and restrictions apply.)

185 Briarwood Pl, Wake Forest
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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 .

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