Flagstone Homes under $500,000

Welcome to Flagstone, a charming subdivision nestled in the heart of Ooltewah, Tennessee. This picturesque community offers a delightful blend of modern living and natural beauty, making it an ideal place for families, young professionals, and retirees alike. With its convenient location just a short drive from Chattanooga, residents enjoy the tranquility of suburban life while having easy access to urban amenities.

Flagstone is renowned for its well-designed homes, many of which are priced under $500,000. This affordability does not compromise quality; instead, it opens the door to a variety of stylish and functional floor plans that cater to diverse lifestyles. Whether you’re seeking a cozy single-family home or a spacious retreat, you’ll find options that suit your needs perfectly. The subdivision features beautifully landscaped yards, inviting front porches, and modern interiors, making it a wonderful place to call home.

Community spirit thrives in Flagstone, where neighbors become friends and families create lasting memories. Residents can enjoy leisurely strolls along tree-lined streets, friendly gatherings at the community park, and seasonal events that bring everyone together. With nearby schools, shopping centers, and recreational facilities, Flagstone offers a balanced lifestyle that prioritizes convenience and connection.

Explore the charm of Flagstone today, and discover why this enchanting Ooltewah subdivision is the perfect place to find your dream home—all without breaking the bank! Embrace the opportunity to create a life filled with comfort, community, and endless possibilities.

Newest Flagstone Homes under $500,000

$415,000

4 Beds ⋅ 3 Baths ⋅ 3530067 MLS

Welcome home to 5307 Kellys Point! Located on a quiet cul-de-sac in the highly desirable Flagstone community of Ooltewah, this spacious 4-bedroom, 2.5-bath home offers an inviting layout, beautiful living spaces, and a backyard that is truly hard to beat. From the moment you walk in, the flexible floor plan stands out. The main level features a welcoming den, spacious kitchen, cozy keeping room, and a sun-filled breakfast nook surrounded by windows overlooking the backyard. A versatile main-level bedroom or office and half bath add even more functionality. Upstairs, you'll find three additional bedrooms, including an oversized primary suite with beautiful tray ceilings and a well-appointed ensuite bath, along with two full bathrooms. Then step outside and discover the true showstopper! The huge, fully fenced, level and private backyard offers an incredible amount of space to play, entertain, garden, or simply enjoy your own outdoor retreat. The expansive deck is perfectly suited for summer cookouts, hosting friends and family, or relaxing on a beautiful evening. With its cul-de-sac location, spacious floor plan, oversized primary suite, light-filled breakfast nook, and exceptional backyard, this Flagstone home offers the perfect blend of comfort, privacy, and convenience. If you've been waiting for the right home in Ooltewah, this one deserves a spot at the top of your list!

5307 Kellys Point, Ooltewah

Listing courtesy of Greater Downtown Realty dba Keller Williams Realty.

$415,000

4 Beds ⋅ 3 Baths ⋅ 1541881 MLS

5307 Kellys Point, Ooltewah

Listing courtesy of Keller Williams Realty.

$369,000

3 Beds ⋅ 3 Baths ⋅ 3526479 MLS

Welcome to this 4-bedroom, 2.5-bath home in the established Flagstone community of Ooltewah. Built in 1989, this home offers approximately 2,160 square feet of living space on a 0.47-acre level lot with mature trees and established landscaping. The main level features a spacious family room with hardwood flooring and a gas fireplace. The kitchen offers ample cabinet and counter space along with stainless steel appliances, including a gas range. Tile flooring is found in the kitchen, bathrooms, and laundry room. Major improvements include: Architectural shingle roof installed in 2018 Carrier HVAC systems installed in 2020 Water heater replaced in 2018 Six-foot privacy fence The screened porch overlooks the fenced backyard, providing a comfortable space to enjoy the outdoors. The nearly half-acre lot offers room for gardening, play, or entertaining. Conveniently located near shopping, dining, parks, and schools, this home offers solid living space and the opportunity for its next owner to add their own personal touches. More photos coming soon.

7235 Ridgestone Drive, Ooltewah

Listing courtesy of The Group Real Estate Brokerage.

$488,500

4 Beds ⋅ 3 Baths ⋅ 1540483 MLS

Beautiful spacious 4 bedroom home. Very private backyard. Prime location. Large screened porch. Fenced backyard. This home is better than new, has new windows, vinyl siding, gutters and many updates. 644 sq ft unfinished area in basement, can be finished or used for storage. Also can use an area for storm shelter. Open floor plan. Great room with fireplace. Dream kitchen and dining. Upstairs has 3 bedrooms, laundry, lots of walk-in closets. Master bedroom is on main floor with adjoining bath. Also 1/2 bath is on the main for guest. Room for everyone!

4010 Banner Crest Drive, Ooltewah

Listing courtesy of Horizon Sotheby's International Realty.

$475,000

4 Beds ⋅ 4 Baths ⋅ 1539596 MLS

This beautiful home truly has it all! The spacious eat-in kitchen is a dream for the family chef, featuring updated leather-finished granite countertops, a large center island, and a convenient home management center. The main level also offers a formal dining room and a generous family room with a cozy gas log fireplace, creating the perfect spaces for entertaining and everyday living. The primary suite is conveniently located on the main level and includes walk-in closets and a spacious en-suite bath with a large soaking tub and separate shower. Upstairs, you'll find two oversized guest bedrooms, a full bath, and a versatile bonus room with its own private staircase. The main-level two-car garage provides easy access, while the basement features a third garage that's ideal for an additional vehicle, lawn equipment, or a workshop. The unfinished basement offers endless possibilities for a game room, playroom, home gym, or abundant storage. An added bonus is the full bathroom in the basement--perfect for cleaning up after working in the yard or spending the day gardening in the private, fenced backyard. Located in one of Ooltewah's most desirable and convenient neighborhoods, this home combines space, functionality, and an exceptional location. Don't miss your opportunity to make it yours! NEW CARPET INSTALLED UPSTAIRS 8/25/2026

6405 Flag Point Drive, Ooltewah

Listing courtesy of Horizon Sotheby's International Realty.

$369,000

3 Beds ⋅ 3 Baths ⋅ 1538902 MLS

***PRICE REDUCTION*** Welcome to this 4-bedroom, 2.5-bath home in the established Flagstone community of Ooltewah. Built in 1989, this home offers approximately 2,160 square feet of living space on a 0.47-acre level lot with mature trees and established landscaping. The main level features a spacious family room with hardwood flooring and a gas fireplace. The kitchen offers ample cabinet and counter space along with stainless steel appliances, including a gas range. Tile flooring is found in the kitchen, bathrooms, and laundry room. Major improvements include: Architectural shingle roof installed in 2018 Carrier HVAC systems installed in 2020 Water heater replaced in 2018 Six-foot privacy fence The screened porch overlooks the fenced backyard, providing a comfortable space to enjoy the outdoors. The nearly half-acre lot offers room for gardening, play, or entertaining. Conveniently located near shopping, dining, parks, and schools, this home offers solid living space and the opportunity for its next owner to add their own personal touches. Photos coming soon.

7235 Ridgestone Drive, Ooltewah

Listing courtesy of The Group Real Estate Brokerage.

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