Smithfield Homes under $500,000

Welcome to Smithfield, Virginia, a charming town nestled in the heart of Isle of Wight County. Known for its rich history, picturesque landscapes, and warm community spirit, Smithfield offers a delightful blend of small-town charm and modern convenience. With its historic downtown area, where you can stroll past beautifully preserved 18th-century buildings, and a vibrant arts scene, Smithfield is a hidden gem waiting to be discovered.

For those seeking a new home in this enchanting locale, you'll be pleased to know that Smithfield boasts a variety of homes available for under $500,000. This makes it an ideal destination for first-time homebuyers, families, and retirees alike. Imagine settling into a cozy colonial-style house with a white picket fence, or a modern ranch home with spacious backyards perfect for weekend barbecues. The real estate market here offers diverse options, ensuring you can find the perfect fit for your lifestyle and budget.

Smithfield is not just about beautiful homes; it also provides access to excellent schools, parks, and recreational activities. The town is famous for its annual events, including the beloved Smithfield Peanut Festival, which celebrates the local peanut industry and brings the community together in a festive atmosphere.

With its welcoming community, rich history, and affordable housing options, Smithfield is the perfect place to call home. Explore the possibilities and discover your dream home in this idyllic Virginia town today!

Newest Smithfield Homes under $500,000

$254,000

3 Beds ⋅ 2.1 Baths ⋅ 10656043 MLS

Welcome home to this 3-bedroom, 2.5-bath townhome in the charming town of Smithfield. Recent updates include fresh interior paint and LVP flooring within the last 2 years, plus brand-new carpet. The well-appointed kitchen features stainless steel appliances, and a washer and dryer are included for added convenience. This home offers both style and functionality, making daily living a breeze.

1202 Lakeview Cove, Smithfield

$472,500

6 Beds ⋅ 4 Baths ⋅ 10656003 MLS

Peaceful Smithfield living with space, flexibility, and charm on 1.58 acres! This property offers a large main home plus a detached ADU/mother-in-law suite, featuring an additional 1008 sq ft with 2 bedrooms, 1 full bathroom, its own kitchen, and private laundry. The main home features bright, open living spaces, beautiful wood-look flooring, oversized bedrooms, updated bathrooms, and an easy flow between the living room, dining area, and kitchen. The kitchen offers plenty of cabinet space, a center island, and room to gather. Outside, enjoy the quiet setting, usable acreage, storage buildings, and room for gardens, animals, hobbies, or homesteading. Already set up as a small hobby farm with chickens, goats, and even pigs, this property is ready for the lifestyle buyers dream about. With a separate living space, peaceful surroundings, and room to spread out, this Smithfield property is a rare find!

9025 Mill Swamp Road, Smithfield

$399,900

3 Beds ⋅ 2.1 Baths ⋅ 10656164 MLS

Renovated and lovely home in the Rescue area of Smithfield. Open living to spacious kitchen, all new fixtures and LVP floors throughout. Kitchen with custom cabinets, quartz countertops, and new SS appliances. Lovely dining room with built-in bar nook. Oversized Primary suite with walk-in closet and bathroom ensuite with large walk-in tiled shower with dual shower heads. Laundry/Utility room. And a oversized garage room for workshop and cars. New roof and new HVAC.

20511 Todd Avenue, Smithfield

$499,000

5 Beds ⋅ 3 Baths ⋅ 10656032 MLS

Welcome home to this beautifully maintained traditional home nestled in the established Willow Oaks neighborhood of Smithfield! Offering 5 bedrooms and 3 full baths, this spacious home features a bright, open floor plan with formal living and dining rooms that flow seamlessly into the inviting family room and eat-in kitchen. The kitchen is appointed with granite countertops, ceramic tile flooring, abundant cabinet space, and newer appliances. The spacious primary suite offers a walk-in closet, dual vanities with granite countertops, and a relaxing jetted tub. Upstairs, you'll also find generously sized secondary bedrooms and a large insulated finished room over the garage that provides the perfect space for a home office, media room, playroom, or guest retreat. Recent updates include a new HVAC system (2026), newer kitchen appliances, and laminate flooring throughout the first floor. Enjoy the convenience of abundant storage, a two-car attached garage, an in-ground sprinkler system, and a fully fenced backyard. Located in a quiet, friendly neighborhood just minutes from Historic Smithfield, you'll love being near local restaurants, boutique shopping, the Farmers Market, Nike Park, neighborhood playgrounds, sports fields, and miles of scenic walking trails. Incentives may be available through preferred partners. Contact the listing agent for details and eligibility.

301 Forest View Lane, Smithfield

$325,000

4 Beds ⋅ 2.1 Baths ⋅ 10655323 MLS

Spacious 4 bedroom end-unit townhouse ideally situated at the entrance of the Lakeview Cove community in Smithfield. The thoughtfully designed layout features a first floor primary suite with a walk-in closet, a spacious kitchen, a great room, and a convenient laundry room. The main level also offers access to a private patio with additional storage. Upstairs, you'll find three generously sized bedrooms, each featuring a walk-in closet, and a full bathroom. Enjoy the added convenience of having the community clubhouse and swimming pool directly across from the home. With its desirable end-unit location and functional floor plan, this home offers comfortable living with community amenities just steps away. Back on the market at no fault of the seller.

102 Lakeview Cove, Smithfield

$375,000

4 Beds ⋅ 2.1 Baths ⋅ 10655014 MLS

Welcome to 106 Williams Street in Smithfield! This charming 4-bedroom, 2.5 bath ranch offers 1,600 square feet of comfortable, single-level living. Enjoy a spacious living room, a large kitchen, and a dining area for entertaining. The flexible floor plan includes a generously sized fourth bedroom with a walk-in closet and a dedicated laundry room. Situated on a spacious lot, this home offers convenient access to Smithfield’s historic downtown, shopping, and dining!

106 Williams Street, Smithfield

$387,900

3 Beds ⋅ 1.1 Baths ⋅ 10654646 MLS

No HOA! Updated Brick ranch in an established neighborhood in Smithfield! Large updated Eat-In-Kitchen w/granite counters, newer SS appliances. Large Family + Living room. Nice Sunroom overlooking back yard. 3 Bedrooms 1.5 baths. Bonus room with ceiling beams. Updates in last 2.5 years to include: new windows on sunporch, newer windows elsewhere, new French doors, new ac, hot water heater, deck, privacy fence, professional paint, wood like floor, light fixtures, new driveway, tub/shower, shed. Fireplace conveys as-is. Easy access to area highways, dining, and entertainment.

302 Jordan Drive, Smithfield

$465,000

2 Beds ⋅ 2 Baths ⋅ 10654005 MLS

This 3-year-old attached home in a desirable 55+ community offers easy, stylish one-level living on a premium private lot with green space buffering! The inviting open-concept design features laminate flooring throughout and a spacious flow perfect for everyday living and entertaining. Enjoy 2 bedrooms, 2 full baths, plus a flexible office/den with elegant glass French doors—ideal for working from home, hobbies, or guests. Head outside to your private patio and enjoy the beautiful fall temperatures. The deep 2-car garage (Approx 30 feet deep!) provides room for vehicles and more, while the walk-up attic delivers exceptional additional storage. Only 3 years young, a thoughtful floor plan, abundant storage, and a tranquil green-space backdrop, this home checks all the boxes for comfortable, low-maintenance 55+ living. Move-in ready and waiting for you!

208 Richmond Avenue, Smithfield

$360,000

3 Beds ⋅ 2 Baths ⋅ 10653938 MLS

Welcome to the desirable Villas of Smithfield! This beautifully situated end-unit villa offers peaceful privacy with a charming sitting area overlooking the woods and pond. Inside, you’ll find comfortable one-level living with an open-concept layout, vaulted ceilings, and a gas fireplace that creates a warm and inviting living space. The home features three bedrooms, two full baths, walk-in closets, a bright and airy sunroom, laundry room, kitchen, and dining area. The attached two-car garage provides plenty of room for vehicles, storage, and even your favorite projects. Enjoy a low-maintenance lifestyle with community amenities including a clubhouse with a workout area and meeting space, swimming pool, outdoor picnic area, water and trash service, and exterior maintenance. Many great updates to the home including the hvac that is less than 5 years old. The water heater is 3 years old and the roof is brand new. There is a new whole house water filtration system. newer granite counters in the kitchen and carpet. A walk-in tub and grab bar in the hall bathroom. Conveniently located just a short trip from Windsor Castle Park, Nike Park, and downtown Smithfield, this home offers the perfect blend of comfort, convenience, and tranquility.

318 Ginger Loop, Smithfield

$349,000

3 Beds ⋅ 2 Baths ⋅ 10653891 MLS

Welcome home to this beautifully renovated ranch in the heart of Smithfield! Offering 3 bedrooms, 2 full bathrooms and 1,288 square feet of living space, this home has been thoughtfully updated throughout. The stunning kitchen features an abundance of cabinetry, beautiful granite countertops, stainless steel appliances and a spacious eat-in bar area. LVP flooring flows through the home, while both bathrooms offer fresh, modern finishes. Major updates include a newer HVAC system, electrical, windows, flooring, fixtures and more. Outside, you’ll find a large backyard with plenty of room to relax, entertain or play. Conveniently located near downtown Smithfield, Windsor Castle Park, restaurants, shopping and everything this charming town has to offer!

1305 Wilson Road, Smithfield

$450,000

3 Beds ⋅ 2.1 Baths ⋅ 10652888 MLS

You are going to love this affordable home in the award winning community of Gatling Pointe. Enter into a two story foyer with a turned staircase. Stacked formal living and dining rooms are on the right and both have hardwood floors. Hardwood floors continue through the kitchen which is open to the family room that has a fireplace and built in bookshelves. The vaulted primary bedroom has a step down sitting are which is nice for a home office or studio. The primary bath has double sink vanity, jetted tub and a separate shower. Out back is a large deck overlooking a private wooded back yard. There is a huge side yard offering plenty of play space to toss a baseball or football. Lots of distance between the homes on this lot. Two car attached garage and driveway space for plenty of parking. Very close to the neighborhood yacht club that has a pool, tennis, volleyball, clubhouse and boat slips available.

305 Clipper Creek Lane, Smithfield

$499,900

3 Beds ⋅ 3 Baths ⋅ 10653428 MLS

Welcome to The Parke at Cypress Creek in Smithfield! This 55+ community offers low-maintenance living with access to the amenities of the larger Cypress Creek neighborhood. Perfect for those looking to “right-size” without giving up comfort or convenience. The well-appointed kitchen features an additional wall oven, ideal for entertaining and holiday gatherings. Other highlights include a tankless water heater, central vacuum, built-in garage storage, and a covered outdoor patio. Conveniently located just minutes from downtown Smithfield, with its charming shops, local restaurants, and welcoming small-town atmosphere. Come enjoy easy living in a wonderful community!

148 Ayrshire Loop, Smithfield

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Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.