The Point Homes under $500,000

The Point Homes under $500,000

Our website features the best real estate search for homes, condos, land and foreclosure properties available in The Point 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 The Point Homes under $500,000

221 Madison St, Colonial Beach
$469,000
4 Beds ⋅ 2 Baths
COZY COTTAGE on THE POINT! COMPLETELY FURNISHED! (The owner's are willing to remove the furnishings if purchaser requires.) You will love this beautifully furnished home with 4 bedrooms and one and a half baths with limited views of the Potomac River and Monroe Bay. Turn key Air B&B or weekend get away. Cuddle into the puffy sofa to watch your favorite movie or work from home in the sunny office/sunroom. Walk, ride your bike or your golfcart to all of the towns amenities. Restaurants, breweries, shopping and the sports center are all near by. You don't want to miss out on this one. Certain rooms are freshly painted and it is gleaming post professional cleaning. Windows were recently replaced. Come on down! Put your toes in the sand!

221 Madison St, Colonial Beach

Listing courtesy of Coldwell Banker Elite. Contact:

301 Bancroft Ave, Colonial Beach
$439,000
3 Beds ⋅ 3 Baths
Classic Colonial Beach charm meets thoughtful updates in this inviting 3-bedroom, 2.5-bath cottage on The Point, just two blocks from both the Potomac River and Monroe Bay. Set on a large corner lot surrounded by mature landscaping, the home has been beautifully refreshed while preserving the character and charm that make it special. A new main-level primary suite features a private ensuite bath with walk-in shower, while the upstairs full bath has been completely renovated. Original hardwood floors have been refinished in a beautiful natural finish, and fresh white paint throughout gives the home a bright, clean feel. The kitchen has been refreshed with new countertops and a new dishwasher, while mini-split HVAC adds year-round comfort. Outside, new vinyl siding and a complete yard cleanup give this classic cottage a fresh new look while maintaining its established coastal character. With multiple living spaces, a screened front porch, fenced backyard and a location just blocks from the water, this home is ready to enjoy while still feeling unmistakably Colonial Beach.

301 Bancroft Ave, Colonial Beach

Listing courtesy of Network Realty Group. Contact:

18 Overlook Dr, Petersburg
$440,000
3 Beds ⋅ 3 Baths
NEW PRICE! $15,000 Price improvement- now offered at $440,000. With fall just around the corner, enjoy your own indoor pool long after outdoor pool season ends! Welcome to one of The Point subdivision’s most distinctive homes in Petersburg, West Virginia. Nestled on a quiet cul-de-sac with beautiful mountain and city views, this spacious brick ranch combines comfortable single-level living with timeless craftsmanship, thoughtful updates, exceptional entertaining space, and amenities rarely found in today’s market. A recent professional appraisal supports approximately 2,060 square feet of gross living area, PLUS approximately 1,728 square feet of heated indoor pool and entertaining space—a remarkable year-round amenity that truly sets this property apart. The beautifully updated 2024 kitchen serves as the heart of the home and features Corian countertops, custom cabinetry, ceramic tile backsplash, a custom range hood, hardwood flooring, and a generous walk-in pantry. Crown molding and quality finishes add character throughout the home. Two distinctive living rooms, including a sunken living room, provide inviting spaces for both everyday living and entertaining, while two propane fireplaces add warmth and atmosphere. A true highlight is the private heated indoor swimming pool, offering year-round enjoyment regardless of the weather. The adjoining entertaining area and convenient serving space create an exceptional setting for family gatherings, holiday celebrations, game-day parties, or quiet evenings at home. The spacious primary suite is complemented by two additional bedrooms, two full bathrooms and one half bath, along with recent improvements to the main bathroom. An attached two-car garage and abundant storage throughout add everyday convenience. Step outside to enjoy the rear deck, private fenced backyard, mature landscaping, and peaceful mountain and city views. Enjoy fresh mountain air, colorful changing seasons, wildlife and starry West Virginia nights—all while remaining just minutes from shopping, schools, dining, and downtown Petersburg. Located in the heart of West Virginia’s Potomac Highlands, 18 Overlook is well positioned for enjoying the outdoor lifestyle the region is known for. Explore nearby opportunities for hiking, biking, hunting, fishing, canoeing, kayaking, river recreation, wildlife watching, and mountain adventures. Whether your perfect day is spent on a trail, on the river, casting a line, exploring the mountains, or simply relaxing at home surrounded by nature, this location offers the best of both convenience and outdoor living. Now offered at $440,000, with a recent professional appraisal supporting the properties value. If you’ve been searching for generous living space, extraordinary year-round recreation and entertaining space, quality craftsmanship, privacy, scenic views, and a peaceful West Virginia lifestyle, 18 Overlook Drive presents a rare opportunity.

18 Overlook Dr, Petersburg

Listing courtesy of Potomac Valley Real Estate, LLC. Contact:

311 Marshall Ave, Colonial Beach
$399,000
3 Beds ⋅ 2 Baths
Big Reduction!! Fantastic Buy on The Point - This charming 3-bedroom, 2-bath single level Cottage is turnkey and ready to move in quickly. All furniture now there-in shall be conveyed with sale of home. Plus, the seller's golf cart shall covey with an acceptable offer. The yard is completely fenced in with gates to the concrete driveway. and golf cart garage. Whether you are looking for a permanent residence, Beach get-a-way, or Airbnb (Investor's Dream") this is the perfect buy in the most sought-after area called "The Point". Enjoy the covered front porch with rocking chairs and the rear covered patio for entertainment and relaxation. Close to all beaches, Boardwalk, restaurants, wineries, boat ramp, and all types of entertainment. Your chance to finally own a home on "The Point" side of Town, don't delay, buy this home today.

311 Marshall Ave, Colonial Beach

Listing courtesy of Colonial Beach Real Estate Inc. Contact:

395 Point Dr, Petersburg
$334,900
3 Beds ⋅ 3 Baths
NEW FALL PRICE- NOW $334,900! Take advantage of this significant $15,000 price improvement on this move-in-ready home on The Point. With the fall market underway, now is the perfect opportunity to make your move and be settled before winter. Welcome to this beautifully updated home located in one of Petersburg's most desirable and established neighborhoods. While some homes focus on exterior scale, this property truly stands out once you step inside, offering a thoughtfully updated interior and exceptional finished living space. The main level features approximately 1,500 square feet of comfortable living space with modern finishes throughout. The fully finished lower level nearly doubles the home's usable living space and is one of the standout features of the property. At the bottom of the stairs, you'll find a spacious media or TV room ideal for relaxing or movie nights. Beyond that, a large open recreation and entertainment area provides ample space for a pool table, game area, or gathering space, creating an impressive second living and entertainment level. The lower level also includes and additional finished room that can serve as a fourth bedroom, home office, exercise room, or guest space, adding valuable flexibility for a variety of lifestyles. A full bathroom and laundry area are also located on the lower level, further expanding the functionality of the finished space. This finished basement significantly increases the home's usable living space and offers a level of flexibility rarely found in homes of this size in the area. Recent improvements including a newer roof and sump pump system provide added peace of mind and long-term durability. Outside, enjoy a fully fenced backyard, perfect for children, pets, and outdoor gatherings, along with a one-car garage and well-maintained yard. Combined with the quiet neighborhood, the property offers both privacy and convenience. Residents enjoy close proximity to Grant Memorial Hospital, the local airport, and easy access to Moorefield for shopping and dining. Surrounded by the natural beauty that makes Wild and Wonderful West Virginia famous, the area offers abundant outdoor recreation including hiking, fishing, scenic rivers and streams, and mountain countryside just minutes away. Historic attractions and scenic train excursions nearby add to the charm and lifestyle appeal of this unique region. Offering significantly more living space that it appears from the outside, this move-in ready home is a rare opportunity for buyers seeking comfort, flexibility and lifestyle in the heart of Grant County.

395 Point Dr, Petersburg

Listing courtesy of Potomac Valley Real Estate, LLC. Contact:

31 Bancroft Ave, Colonial Beach
$414,900
6 Beds ⋅ 4 Baths
Turn-Key AIRBNB-31 Bancroft Ave — HISTORIC CHARM MEETS RIVER LIVING Step into the timeless character of this circa‑1890 Colonial Beach classic, beautifully refreshed for today’s lifestyle. Located on a spacious corner lot just moments from the Potomac River, this expansive 6‑bedroom, 4‑bath home blends historic charm with thoughtful modern updates—offering the best of both worlds in one of Virginia’s most beloved waterfront towns. 🏡 Updated With Style and Comfort & FULLY FURNISHED Inside, the home has been recently updated with neutral colors, fresh flooring, and modern finishes, creating a bright, cohesive backdrop ready for any décor style. The generous layout provides room for everyone, whether you’re hosting, working from home, or simply spreading out. • Six large bedrooms with flexible use options • Four full baths, including updated fixtures and finishes • Custom dog‑washing station, a rare and practical luxury for pet lovers • Abundant storage, perfect for seasonal items, hobbies, and gear • Enclosed front porch, ideal for relaxing, reading, or enjoying the neighborhood’s easygoing pace EMBRACE THE POTOMAC RIVER LIFESTYLE Colonial Beach is famous for its Potomac River shoreline, sandy beaches, and breathtaking sunsets. From boating and fishing to waterfront dining and long walks along the boardwalk, river life here is both peaceful and invigorating. A HISTORIC TOWN WITH A HEART As one of Virginia’s treasured small towns, Colonial Beach offers a unique blend of history, charm, and community spirit. Enjoy local shops, restaurants, art spaces, and year‑round events—all accessible by golf cart, the town’s favorite way to get around. Investment opportunity: Airbnb READY fully furnished from linens to forks..

31 Bancroft Ave, Colonial Beach

Listing courtesy of RE/MAX Supercenter. Contact:

109 Bancroft Ave, Colonial Beach
$365,000
2 Beds ⋅ 1 Baths
Turn-Key Cottage Living on The Point – Just Two Blocks from the Water Life on The Point is all about being close to the water, hopping on the golf cart, and enjoying the laid-back rhythm that makes Colonial Beach so special. This fully furnished 2-bedroom cottage puts you right in the middle of it all—just two blocks from the Potomac River and two blocks from Monroe Bay. Step inside and you’ll find a home that feels welcoming, comfortable, and surprisingly spacious. A front room with a charming bay window currently serves as an office but easily doubles as a cozy reading nook, morning coffee spot, or flexible bonus space. The living room flows naturally into the kitchen, creating an easy layout for everyday living, while the separate dining room offers the perfect place to gather for meals with friends and family. The primary bedroom features a custom closet system designed for smart organization, while the second bedroom includes a built-in pop-up desk, ideal for working remotely, hobbies, or study space. The updated bathroom includes a walk-in shower and modern vanity. Outside is where this home truly shines. The back deck is perfect for enjoying the coastal breeze, while the fenced yard offers multiple outdoor spaces to relax and entertain—including two patios, a firepit area, and low-maintenance stone landscaping that lets you spend more time enjoying the beach town lifestyle and less time on yard work. Located in a golf-cart friendly neighborhood, you’re just minutes from the beaches, boardwalk, restaurants, boutiques, and waterfront sunsets that make Colonial Beach such a special place to call home. Whether you're looking for a weekend escape, full-time home, or investment opportunity, this furnished cottage offers the perfect blend of charm, flexibility, and location.

109 Bancroft Ave, Colonial Beach

Listing courtesy of Coldwell Banker Elite. Contact:

Start Your Search