Gainesville Homes under $400,000

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Newest Gainesville Homes under $400,000

$224,900

2 Beds ⋅ 1 Baths ⋅ 60333606 MLS

Discover a unique investment opportunity with two homes, 16 acres, and a heated and cooled shop, all located within the Gainesville city limits in the heart of the Missouri Ozarks. Offering multiple potential income streams, room for future possibilities, and convenient access to town, this versatile property is well suited for investors, multi-generational living, or buyers looking for additional space and flexibility.The first home offers 2 bedrooms, 1 bathroom, and approximately 1,054 square feet of living space, along with a carport. Both homes are also available separately, providing additional purchasing options.The second home features 3 bedrooms, 1 bathroom, and approximately 840 square feet of living space. It could serve as an additional rental, guest home, or personal residence.Both homes are connected to city sewer. Each property also has a well; one well was previously in use, while the other home's well condition is unknown because that residence is currently connected to city water.Adding even more value is a 34' x 24' shop building that is heated and cooled, creating a comfortable and functional workspace year-round. Whether used for automotive work, equipment and tool storage, hobbies, a personal workshop, or other uses, this building adds excellent versatility to the property.With approximately 16 acres, there is plenty of room to enjoy the property as it is while also exploring potential future uses or development, subject to applicable city requirements and approvals.Whether you're searching for rental investment property, multiple residences, acreage within Gainesville city limits, or a property with a quality shop, this Ozark County offering provides a combination that can be difficult to find. Take advantage of the space, flexibility, and income-producing potential this unique property has to offer!

1392 &1442 County Road 806, Gainesville

Listing courtesy of United Country Missouri Ozarks Realty Inc..

$119,000

2 Beds ⋅ 2 Baths ⋅ 60332723 MLS

This 2 bed, 1.5 bath in Gainesville, MO is selling as a Fixer-Upper but most of the Fixin', especially on the 1st floor, is already complete: new flooring, windows, paint, and a new full bath with walk in shower. The 2nd floor has 2 rooms. One room is about ready to go, but the other room needs new flooring and ceiling installed. The HVAC system is newer and the metal roof is approximately 10 years old.This home is on city water and sewer, has a basement, and does come with a carport and chicken coop. All appliances stay with the home! It is in a nice location and within walking distance of the business district in Gainesville.This is a neat little home and the price is right. You don't need Chip and Joanne to finish this one for you!

103 Baker Street, Gainesville

Listing courtesy of Sierra Ozark Corporation.

$149,900

3 Beds ⋅ 2 Baths ⋅ 60331375 MLS

Super cute 3-bedroom, 2-bathroom home located close to area lakes! Features include high-end laminate flooring and linoleum linthroughout. Open floorplan. Tons of storage for a home this size. Ready for new family. Enjoy a spacious primary suite, total chainlink fenced backyard plus a large storage building set on a concrete pad. Ideally situated close to local schools, shopping, and dining!

557 Missouri 181, Gainesville

Listing courtesy of EXP Realty LLC.

$140,000

3 Beds ⋅ 2 Baths ⋅ 60330855 MLS

Enjoy peaceful country living on nearly three acres with this well-equipped three-bedroom, two-bath single-wide manufactured home that is permanently attached. This property offers excellent flexibility with two wells, two service poles, a possible RV location, and a 16 x 32 shop featuring concrete, electric, and water.The home includes a full length covered front deck with ramp access and back patio for comfortable outdoor living. The chain-link fenced backyard provides a secure space, while the 30 x 30 garden area is ready for those who enjoy gardening and outdoor living. A dry storm shelter adds peace of mind, and the spacious acreage offers room to relax, work, and enjoy the quiet surroundings.

288 County Road 539, Gainesville

Listing courtesy of Keller Williams Tri-Lakes - WP.

$199,900

3 Beds ⋅ 2 Baths ⋅ 60330509 MLS

Enjoy the best of Ozarks living in this well-built, late-1970s home situated on a full acre near Gainesville and the Arkansas state line. Offering nearly 1,800 square feet, this spacious home features three bedrooms, two full bathrooms, newer flooring throughout, and a comfortable, functional floor plan. The large family room is anchored by a beautiful brick fireplace and wood stove, creating a warm and inviting gathering space. The kitchen offers bar seating for casual meals, along with a separate formal dining area. Generously sized bedrooms provide ample closet space, while the bonus living or office area and adjoining mudroom add flexibility for working from home, hobbies, or additional everyday storage. Outside, the impressive 845-square-foot detached garage provides room for up to three vehicles, boats, recreational toys, or a fully equipped workshop--and it already has electricity. The home features brick and hardboard siding, a heat pump, an air-conditioning unit installed in 2020, and a roof that is less than 10 years old. Conveniently located near town while still offering a peaceful rural feel, this property is also less than 30 minutes from two area lakes--perfect for fishing, boating, and enjoying everything the beautiful Ozarks have to offer.

1044 State Highway T, Gainesville

Listing courtesy of Keller Williams Local.

$219,900

6 Beds ⋅ 3 Baths ⋅ 60328908 MLS

Escape to the peaceful Missouri Ozarks with this unique 3-acre multi-home property offering endless possibilities for multi-generational living, rental income, a guest retreat, or hobby farm.The primary residence features 4 bedrooms (1 non-conforming), 2 bathrooms, a spacious primary suite with a walk-in closet, and a bright sunroom overlooking the surrounding countryside. Enjoy your morning coffee while watching deer, turkey, foxes, squirrels, and an abundance of birds right from your backyard. Recent updates include new appliances, a whole-house water filtration system, and a water softener.The insulated 2-car detached garage includes LED lighting, a propane heater, its own electrical panel, and 50-amp RV service, making it ideal for projects, storage, or camper hookups.A second residence offers 2 bedrooms and 1 bathroom, providing excellent potential for extended family, guests, or future rental income. Additional improvements include a detached 2-car garage, storage building, multi-stall outbuilding, fenced chicken coop, and a large garden shed.The fenced acreage and pasture provide plenty of room for animals, gardening, or simply enjoying the outdoors. Located in a quiet, friendly neighborhood just 3 miles from Norfork Lake, you'll have quick access to boating, fishing, swimming, and year-round recreation while still enjoying the privacy and tranquility of country living.Whether you're looking for a family compound, investment opportunity, or your own Ozarks retreat, this versatile property is one you won't want to miss.

17883 County Road 522, Gainesville

Listing courtesy of Keller Williams Local.

$164,000

2 Beds ⋅ 1 Baths ⋅ 60328120 MLS

Motivated seller - open to reasonable offers. Location truly is everything! Perched on a scenic hill in the heart of Southern Missouri, this charming 2-bedroom, 1-bath home sits on 2.2 beautiful acres with stunning countryside views, mature shade trees, and plenty of space to enjoy the outdoors.The home offers 850 square feet of comfortable living space with an attached one-car garage. A huge fenced backyard is perfect for kids, pets, or entertaining, while the open acreage is ideal for gardening, a hobby farm, or simply enjoying the peaceful country setting. The hilltop location provides gorgeous southern and eastern views, making every sunset one to remember.Just minutes from both Bull Shoals Lake and Norfork Lake, you'll have easy access to some of the best boating, fishing, swimming, and water recreation the Ozarks have to offer. Plus, Caney Mountain Conservation Area is only 1.3 miles away, providing thousands of acres for hiking, hunting, and wildlife watching.Whether you're looking for a full-time home, a weekend getaway, or a vacation rental investment, this property offers the perfect blend of privacy, recreation, and Ozark charm.

167 Landers Lane, Gainesville

Listing courtesy of Whitetail Properties Real Estate.

$249,000

3 Beds ⋅ 2 Baths ⋅ 60327189 MLS

🏡 Gorgeous New Construction on 7+/- Acres! 🌳Welcome home to this beautiful new construction featuring 3 bedrooms, 2 bathrooms, and sitting on 7+/- picturesque acres right at the edge of the city limits. This property offers the perfect blend of country charm and convenience.The stunning front porch is the ideal spot for your favorite porch swing, morning coffee, or evening relaxation while taking in the breathtaking views that surround you.Properties like this are incredibly hard to find--offering acreage, a brand-new home, gorgeous scenery, and a prime location all in one package. Whether you're looking for room to roam, a peaceful retreat, or your forever home, this property truly checks all the boxes.✨ New Construction✨ 3 Bedrooms | 2 Bathrooms✨ 7+/- Acres✨ Incredible Views✨ Beautiful Front Porch✨ Edge of City Limits for Convenience & PrivacyOpportunities like this don't come around often--schedule your showing today before it's gone!

256 Foxden Drive, Gainesville

Listing courtesy of United Country Missouri Ozarks Realty Inc..

$187,500

2 Beds ⋅ 2 Baths ⋅ 134344 MLS

Experience true Ozark homestead living on this 10.32-acre off-grid property featuring two thoughtfully designed tiny homes in a secluded, sustainability-focused subdivision near Gainesville. The gently rolling, wooded land offers privacy, natural beauty, and space for gardening, livestock, or outdoor recreation. The first residence is a charming 384-sq-ft tiny home with a covered porch, courtyard, outdoor kitchen, refrigerator, and propane stove. The second is a 640-sq-ft converted shed with solar power, propane refrigerator, rented tank, rainwater collection with 325-gallon storage, composition toilet, patio, and select furnishings. A fenced backyard, animal pens, storage shed, and wood shed add functionality, with optional livestock available. Together, the homes create flexible living for multi-family use, guests, rental income, or expanded homesteading, all supported by minimal restrictions and an off-grid-friendly design.

12 Hwy 5 S, Gainesville

Listing courtesy of UNITED COUNTRY MISSOURI OZARKS REALTY, INC.,.

$187,500

2 Beds ⋅ 2 Baths ⋅ 60325339 MLS

Experience true Ozark homestead living on this exceptional 10.32-acre off-grid property featuring two thoughtfully designed tiny homes in a secluded subdivision created specifically for sustainable, independent living. Located just outside Gainesville, this turnkey setup offers privacy, natural beauty, and the freedom of minimal restrictions while still being within easy reach of small-town conveniences. The land is gently rolling and beautifully wooded, creating a peaceful backdrop for gardening, livestock, outdoor recreation, or simply enjoying the quiet rhythm of the Southern Missouri Ozarks. Mature trees, open sky, and a sense of seclusion make this an ideal retreat for full-time living, a weekend escape, or an income-producing investment. The first residence is a charming 384-square-foot tiny home paired with covered porch that extends the living space outdoors. A courtyard and outdoor kitchen enhance the homestead feel, and the home is equipped with a refrigerator and two-burner propane stove for efficient off-grid cooking. The second home is a spacious 640-square-foot converted shed with a warm wood exterior and a comfortable interior layout. This dwelling is fully solar powered and includes a propane refrigerator, a rented propane tank, and a rainwater collection system with 325-gallon storage tanks. A composition toilet, patio area, and select furnishings add to its functionality. The fenced backyard is perfect for dogs, and additional improvements include animal pens, a storage shed, and a dedicated wood shed. Some livestock may also be available for purchase, offering an easy transition into a working homestead. Together, these two homes create a flexible living arrangement ideal for multi-family use, guest accommodations, rental income, or expanded homestead operations. The subdivision's off-grid-friendly design and minimal restrictions allow you to live sustainably without sacrificing comfort.

12 Flowstone Lane, Gainesville

Listing courtesy of United Country Missouri Ozarks Realty Inc..

$325,900

2 Beds ⋅ 2 Baths ⋅ 60324700 MLS

This well-kept 2 bed, 2 bath home, built in 2021, has a little over 1000 sq. ft. of living space and every bit of it is usable. The covered front porch is very inviting and a great place to relax and watch the wildlife. You know you can't stay in the garage or workshop all the time. Everything here is neat and clean! With the vaulted ceiling in the open concept living room dining room and with the kitchen being right there, you will be amazed at the amount of space in that area. The nice sized master bedroom has a bath with a walk-in shower. The other bedroom is conveniently located across the hallway from the second bathroom which has a tub/shower combination. Both bedrooms have tons of natural lighting. There is vinyl plank, laminate flooring throughout. A utility room with enough space for a pantry is in the floor plan as well. The workshop/garage is very nice. It has a concrete floor, electricity, and is insulated. There is plenty of storage area but still room to work.The home has a private well and septic and is already connected to fiber-optic high-speed internet through White River Connect; a subsidiary of the White River Valley Electric Co-Op. This quick and reliable service allows you the freedom of working from home. A 12 x 16 storage building for storing your lawn and garden tools is in the front yard. Literally hours and hours have been spent on the lawn and garden decor; from the firepit and the raised garden areas to the rock decorations and dragonflies. There is even a rainwater collection system in place for watering near the garden. Buy now and you will be eating tomatoes all season.All this is surrounded by 31 acres of YOUR personal space. The 31 acres is all wooded, has lots of county road frontage, and even has a wet weather creek on the bottom side. Located halfway between Gainesville and Theodosia.Depicted boundary lines on certain maps does not show the entire 31 acres. Call Listing Agent for correct map.

123 County Road 815, Gainesville

Listing courtesy of Sierra Ozark Corporation.

$45,900

2 Beds ⋅ 1 Baths ⋅ 60322392 MLS

Here is a fixer upper in the city limits of Gainesville, with city water and sewer. Home has a metal roof two bedrooms and one bathroom. With a little work this would make a good starter home or rental. Priced to Sell, give it a look!

1647 County Road 806, Gainesville

Listing courtesy of Sierra Ozark Corporation.

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