Oakwood Homes under $500,000

Welcome to Oakwood, a charming subdivision nestled in the heart of North Carolina, where community spirit and picturesque living blend seamlessly. This delightful neighborhood is an ideal choice for families, young professionals, and anyone looking to enjoy the tranquility of suburban life without sacrificing access to urban conveniences.

In Oakwood, you'll find a stunning array of homes priced under $500,000, making it an attractive option for first-time homebuyers and those seeking a budget-friendly investment. The homes in this subdivision boast diverse architectural styles, from cozy bungalows to modern two-story residences, ensuring that there’s something to suit every taste and lifestyle. Many properties feature spacious yards, perfect for outdoor gatherings, gardening, or simply enjoying the beautiful North Carolina weather.

Residents of Oakwood enjoy a tight-knit community atmosphere, with friendly neighbors and a variety of local amenities just a stone's throw away. The subdivision is conveniently located near parks, shopping centers, and top-rated schools, making it easy for families to thrive. Plus, outdoor enthusiasts will appreciate the nearby nature trails and recreational areas, perfect for hiking, biking, and weekend adventures.

With its affordable housing options and welcoming community, Oakwood offers a unique opportunity to experience the best of North Carolina living. Whether you’re looking to buy your first home or seeking a peaceful retreat, Oakwood is the perfect place to call home. Explore the possibilities today and discover the charm of this wonderful subdivision!

Newest Oakwood Homes under $500,000

$310,000

3 Beds ⋅ 3 Baths ⋅ 10195171 MLS ⋅ ACTIVE Status

Like-new construction without the premium, 856 Pryor Street offers fresh paint, new LVP flooring, and a thoughtfully designed floor plan with the primary suite conveniently located on the main level. The spacious primary suite features a trey ceiling, hardwood-style flooring, and a spa-style bath with dual vanity, quartz countertops, walk-in shower, and an oversized walk-in closet. The open kitchen features granite countertops, custom 42-inch cabinetry with satin nickel hardware, a center island with breakfast bar, stainless steel appliances, and a walk-in pantry. The adjoining living room features plenty of windows that fill the space with natural light and opens directly to the rear patio, creating an inviting space for everyday living and entertaining. Upstairs, you'll find two additional spacious bedrooms, a loft area, and a full bath with dual vanities, along with an oversized unfinished walk-in storage space that could easily be finished for additional living space. Located in the heart of Mebane, the home offers quick access to Tanger Outlets and I-40/I-85.

856 Pryor St, Mebane

$392,830

5 Beds ⋅ 3 Baths ⋅ 10194164 MLS ⋅ ACTIVE Status

Brand new, energy-efficient home ready Nov 2026! Enjoy the comfort of a downstairs primary in the spacious Watson floorplan. Just off the foyer, a chef-inspired kitchen anchors the open-concept great room. Step out to the covered patio for a relaxing evening outdoors, or take a day to work from home in your dedicated home office. Upstairs, sizeable secondary bedrooms surround a roomy loft, giving everyone space to unwind. Located near downtown Mebane, Oakwood offers a small town feel with easy access to Durham and the rest of the Triangle via I-40 and I-85. With uniquely designed single-family floorplans built with our signature energy-efficient features, there's a plan fit for every lifestyle. Plus, planned amenities include a swimming pool, tot lot, clubhouse and more. Schedule a tour today. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

1225 Winding Spring Dr, Mebane

$394,720

5 Beds ⋅ 3 Baths ⋅ 10194162 MLS ⋅ ACTIVE Status

Brand new, energy-efficient home ready Nov 2026! Enjoy the comfort of a downstairs primary in this spacious 2,600sf floorplan. There's ample room for entertaining in the great room, plus effortless access to the integrated covered patio for easy outdoor living. Anchoring the living space, the upscale kitchen boasts white quartz countertops and all appliances included. Upstairs, sizeable secondary bedrooms surround a roomy loft, giving everyone space to unwind. Located near downtown Mebane, Oakwood offers a small town feel with easy access to Durham and the rest of the Triangle via I-40 and I-85. With uniquely designed single-family floorplans built with our signature energy-efficient features, there's a plan fit for every lifestyle. Plus, planned amenities include a swimming pool, tot lot, clubhouse and more. Schedule a tour today. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

1209 Winding Spring Dr, Mebane

$424,180

5 Beds ⋅ 4 Baths ⋅ 10194158 MLS ⋅ ACTIVE Status

Brand new, energy-efficient home ready Oct 2026! Just off the foyer, a downstairs bed & bath are perfect for hosting overnight guests. The expansive great room is anchored by a large kitchen island, while flex space on the main level is well-suited to work or hobbies. Upstairs, a spacious loft gives everyone room to relax. The massive primary suite features a tiled shower, private water closet and roomy walk-in closet to ease busy morning routines. Slate cabinets, marble-look white quartz countertops, reddish-brown EVP flooring, warm grey carpet in our Divine package. Located near downtown Mebane, Oakwood offers a small town feel with easy access to Durham and the rest of the Triangle via I-40 and I-85. With uniquely designed single-family floorplans built with our signature energy-efficient features, there's a plan fit for every lifestyle. Plus, planned amenities include a swimming pool, tot lot, clubhouse and more. Schedule a tour today. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

1218 Winding Spring Dr, Mebane

$409,120

5 Beds ⋅ 3 Baths ⋅ 10194154 MLS ⋅ ACTIVE Status

Brand new, energy-efficient home ready Oct 2026! 5BR/3BA home featuring versatile spaces throughout! The main level features a spacious great room, perfect for hosting guests. Anchoring the living space, a chef-inspired kitchen comes loaded with marble-look quartz countertops and all appliances included. A study off the main entrway makes for an ideal home office, while the downstairs bed and bath are perfect for hosting guests. Upstairs, the loft is perfect as a media center, while the adjacent primary suite features a luxurious en-suite bath and massive walk-in closet. Slate cabinets, marble-look white quartz countertops, reddish-brown EVP flooring, warm grey carpet in our Divine package. Located near downtown Mebane, Oakwood offers a small town feel with easy access to Durham and the rest of the Triangle via I-40 and I-85. With uniquely designed single-family floorplans built with our signature energy-efficient features, there's a plan fit for every lifestyle. Plus, planned amenities include a swimming pool, tot lot, clubhouse and more. Schedule a tour today. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

1241 Winding Spring Dr, Mebane

$287,000

4 Beds ⋅ 2 Baths ⋅ 10194148 MLS ⋅ ACTIVE Status

212 Red Oak Ave is a 1-story Durham detached residence with a straightforward layout and flexible living space. The galley kitchen provides white cabinetry, generous counter space, stainless steel appliances, and a broad window that brings in natural light. The main living area includes a ceiling fan and clear sightlines toward the kitchen, while an additional living space supports varied daily uses. The primary bedroom includes carpet, a ceiling fan, and an en-suite bathroom with a vanity and tub-shower combination. A tree-lined yard surrounds the home with open outdoor space, and the attached one-car garage supports parking and storage. Clean interior finishes complete this functional residence.

212 Red Oak Ave, Durham

$395,300

5 Beds ⋅ 3 Baths ⋅ 10194057 MLS ⋅ ACTIVE Status

Brand new, energy-efficient home ready Oct 2026! Featuring two downstairs bedrooms, you and your guests can both enjoy the comfort of main-level living in the versatile Watson floorplan. Step out onto the integrated patio for easy outdoor living, or whip up your favorite meal in the chef-inspired kitchen. A main-level laundry room adds everyday ease, while the upstairs loft ensures everyone has space to relax. Linen cabinets, marble-look white quartz countertops, reddish-brown EVP flooring and beige carpet in our Refined package. Located near downtown Mebane, Oakwood offers a small town feel with easy access to Durham and the rest of the Triangle via I-40 and I-85. With uniquely designed single-family floorplans built with our signature energy-efficient features, there's a plan fit for every lifestyle. Plus, planned amenities include a swimming pool, tot lot, clubhouse and more. Schedule a tour today. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

1217 Winding Spring Dr, Mebane

$418,340

5 Beds ⋅ 4 Baths ⋅ 10194054 MLS ⋅ ACTIVE Status

Brand new, energy-efficient home available by Oct 2026! Just off the foyer, the expansive great room is anchored by a large kitchen island, topped with marble-look quartz countertops. Steps from the dining room, a covered patio brings easy indoor/outdoor living, while flex space on the main level is well-suited to work or hobbies. Give guests the privacy of a main-level bed and bath, while a spacious loft upstairs gives everyone room to relax. The massive primary suite features a tiled walk-in shower, private water closet and massive walk-in closet to ease busy morning routines. Linen cabinets, marble-look white quartz countertops, cool grey EVP flooring and warm grey carpet in our Finesse package. Located near downtown Mebane, Oakwood offers a small town feel with easy access to Durham and the rest of the Triangle via I-40 and I-85. With uniquely designed single-family floorplans built with our signature energy-efficient features, there's a plan fit for every lifestyle. Plus, planned amenities include a swimming pool, tot lot, clubhouse and more. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

1213 Winding Spring Dr, Mebane

$450,000

4 Beds ⋅ 4 Baths ⋅ 10191354 MLS ⋅ ACTIVE Status

Seller offering a $10,000.00 use as you choose concession.!! Welcome to a home filled with the kind of character, charm, and personality that simply can't be replicated in today's modern construction. With 4 bedrooms and 3.5 bathrooms, this spacious home offers a versatile floor plan designed to accommodate a variety of lifestyles, including the opportunity for multi-generational living, extended family, guests, or flexible work-from-home space. Rich with the character of an established home, in an established neighborhood, this property is ready for its next owner to bring their own unique design and vision, blending its timeless charm with today's style and conveniences. Whether preserving the details that make the home special or introducing fresh, modern updates, there is an exciting opportunity to create a space that feels distinctly your own. The flexible layout provides room to gather as well as spaces that offer privacy and separation when needed and an especially appealing feature for multi-generational households. Outside, the large backyard offers even more possibilities. Imagine creating an outdoor entertaining area, adding gardens or play space, gathering around a firepit, or designing your own backyard retreat. There's plenty of room for the outdoor space to evolve along with the home. The location adds even more to love! Just minutes from Historic Downtown Wake Forest, you'll enjoy easy access to locally owned restaurants, coffee shops, breweries, boutiques, community events, and all the charm that makes downtown Wake Forest such a special destination. If you've been searching for a home with space, flexibility, an established setting, and a story still waiting to be written, this is an opportunity to take the character of yesterday and thoughtfully bring it into the modern day.

101 Oakwood Dr, Wake Forest

$282,220

3 Beds ⋅ 3 Baths ⋅ 10190938 MLS ⋅ ACTIVE Status

Brand new, energy-efficient home ready Oct 2026! There's plenty of space to entertain in the Amber plan. Step out onto the patio and enjoy a weekend BBQ, or prep your favorite meal in the chef-inspired kitchen. Upstairs, a versatile loft is useful as a media center or study nook. The primary suite comes well-appointed with a luxurious en-suite bath and spacious walk-in closet to elevate your morning routine. Slate cabinets, marble-look white quartz countertops, reddish-brown EVP flooring, warm grey carpet in our Divine package. Located near downtown Mebane, Oakwood offers a small town feel with easy access to Durham and the rest of the Triangle via I-40 and I-85. With four unique townhome floorplans built with our signature energy-efficient features, there's a plan fit for every lifestyle. Plus, planned amenities include a swimming pool, tot lot, clubhouse and more. Schedule a tour today. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

829 Stream View Ct, Mebane

$419,980

5 Beds ⋅ 4 Baths ⋅ 10188308 MLS ⋅ ACTIVE Status

This brand-new home is the one you've been waiting for! Located in the heart of Mebane, this Energy Star Certified new construction comes move-in ready with stainless steel appliances, blinds, and smart-home automation all included. Ready Oct 2026, this home boasts 3,200+ square feet of thoughtfully-designed living space. Right off the foyer, guests can enjoy the comfort of a main-level bed and bath, while the adjacent flex space is perfect for work or hobbies. The massive open-concept great room is anchored by a gourmet kitchen featuring gas appliances, upgraded cabinets, and premium white-quartz counters. The dining room opens out onto a large covered patio, perfect for hosting BBQs, while upstairs, a spacious loft gives everyone space to unwind. The massive primary suite features a tiled walk-in shower, spacious dual-vanities and a water closet for extra privacy. Living in Oakwood means more than just owning a beautiful home—you're joining a vibrant, amenity-rich neighborhood. Residents will enjoy onsite amenities including a pool, clubhouse, playground, dog parks and more. And whether you're heading out on a weekend adventure, or just running errands around town, everything you need is close by, with Tanger Outlets, I-40 and Downtown Mebane all less than 2 miles away. Plus, each home is engineered with our signature energy-efficient features that save on monthly energy bills.

1235 Winding Spring Dr, Mebane

$266,220

3 Beds ⋅ 3 Baths ⋅ 10187121 MLS ⋅ ACTIVE Status

Brand new, energy-efficient home ready Oct 2026! There's ample space to entertain in the open-concept living space of this Amber plan. Enjoy weeknight cooking in the chef-inspired kitchen, loaded with stainless-steel appliances, premium quartz counters and an oversized kitchen island. Upstairs, a dedicated laundry room sits just off the loft, enabling easy access for all three bedrooms. The primary suite features luxurious finishes throughout, like a tiled walk-in shower and massive walk-in closet to make busy mornings a breeze. Linen cabinets, marble-look white quartz countertops, reddish-brown EVP flooring and beige carpet in our Refined package. Located near downtown Mebane, Oakwood offers a small town feel with easy access to Durham and the rest of the Triangle via I-40 and I-85. With four unique townhome floorplans built with our signature energy-efficient features, there's a plan fit for every lifestyle. Plus, planned amenities include a swimming pool, tot lot, clubhouse and more. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

827 Stream View Ct, Mebane

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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 .