Corvallis Homes under $500,000

Welcome to Corvallis, Montana, a charming town nestled in the heart of Ravalli County. Known for its picturesque landscapes, friendly community, and a vibrant local culture, Corvallis offers a unique blend of rural tranquility and modern conveniences. Surrounded by stunning mountain views and lush greenery, this area is perfect for outdoor enthusiasts, with numerous trails, parks, and recreational opportunities right at your doorstep.

Corvallis is not just a place to live; it’s a place to thrive. The town boasts a strong sense of community, with local events and festivals that bring residents together throughout the year. From farmers' markets showcasing local produce to art fairs celebrating the talents of local artists, there’s always something happening in Corvallis.

For those looking to settle down in this idyllic setting, there are fantastic homes available for under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find a variety of options that cater to your needs. Charming single-family homes, cozy cottages, and spacious properties with ample land are just a few of the choices available, all offering the warmth and comfort that Corvallis is known for.

With its affordable housing market, beautiful surroundings, and a welcoming community, Corvallis, Montana, is the perfect place to call home. Explore the possibilities today and discover your dream home in this enchanting town!

Newest Corvallis Homes under $500,000

$342,500

3 Beds ⋅ 3 Baths ⋅ 30079495 MLS

Big Bitterroot Mountain views. Small-town charm. More time to enjoy both. Built in 2020, this move-in-ready Corvallis townhouse pairs modern finishes with low-maintenance living, just moments from downtown. The main level offers an inviting open layout, connecting the kitchen and living area for easy everyday living and entertaining. Granite countertops, stainless steel appliances, and durable luxury flooring add style and practicality, while a powder room and two storage closets keep essentials close at hand. Step onto the covered porch for morning coffee or a quiet evening with sweeping Bitterroot Mountain views. Upstairs, three bedrooms include a spacious primary suite, complemented by an additional full bathroom. A nook just outside the primary offers a convenient spot for a home office or reading retreat. An attached one-car garage adds year-round convenience, and the HOA handles exterior maintenance and landscaping. The generous backyard is shared with the three adjoining townhomes, offering outdoor space to enjoy without the upkeep of a private yard. Whether you’re purchasing your first home, exploring an investment, or ready to simplify, this townhouse brings together comfort, convenience, and a mountain backdrop that makes coming home feel a little more special.

1115 Jessica Court, Corvallis

$489,000

3 Beds ⋅ 2 Baths ⋅ 30079027 MLS

VIEWS, VIEWS, VIEWS!! Well-established 2.24-acre property featuring a 3-bedroom, 2-bath manufactured home with a practical and comfortable layout. The home includes a nicely laid out galley kitchen with plenty of cabinet space, a designated dining area, mudroom, and laundry room. Enjoy great views from the back deck overlooking the beautiful Bitterroot Mountains, property and surrounding area. The grounds are fenced for animals and offer a 22x24 detached garage, greenhouse, storage shed, mature trees, and established apple, pear, and plum trees. A lovely country property with room for animals, gardening, and enjoying the established grounds.

2362 147 Drive, Corvallis

$299,000

2 Beds ⋅ 2 Baths ⋅ 30078545 MLS

Looking for a place where privacy, wildlife, and wide-open Montana views come with room to make it your own? This fixer-upper cabin on 2 acres offers a rare setting, surrounded on three sides by State land and tucked away from the noise of everyday life. The cabin is being offered fully furnished and already has several important improvements in place, including a well, septic system, and electricity. Bring your tools, ideas, and a little elbow grease to transform this property into the recreational getaway, hunting basecamp, seasonal retreat, or peaceful cabin you’ve been looking for. Outside, a fenced garden area is ready for those who enjoy growing their own vegetables, flowers, or simply spending time outdoors. Wildlife is abundant, and the surrounding State land creates an incredible sense of space and privacy right outside your door. Enjoy quiet mornings, peaceful evenings, beautiful views, and the kind of solitude that is becoming harder to find. Whether you’re looking for a project with potential or simply a place to unplug and enjoy the outdoors, this property offers a unique opportunity to create something truly your own. Cash buyers only.

2223 Blue Sage Trail, Corvallis

$499,000

2 Beds ⋅ 1 Baths ⋅ 30078689 MLS

874 Coal Pit Road, Corvallis

$400,000

3 Beds ⋅ 2 Baths ⋅ 30077688 MLS

What an opportunity! This property is currently set up as 2 UNITS!! The front (main unit) is 2 bd/1ba and the rear unit is a studio with kitchen, bathroom & laundry. Shared electric & gas. The home can easily be returned to a 3 bd/2ba single family house. The main home offers lots of light, a huge kitchen and ample living room. The studio has a private entrance and parking area, making it easy to rent for supplemental income. The lot is over 16,000 square feet and potentially could be used to build more units (Buyer to confirm). Fenced with gates and mature trees, right in the heart of Corvallis. Plenty of room to park an RV!

312 E 1st Street, Corvallis

$299,000

1 Beds ⋅ 1 Baths ⋅ 30077356 MLS

Motivated Pricing: New Price! Residential, Commercial & Investment Potential. Unlock the possibilities with this versatile property in the heart of downtown Corvallis! Currently home to a successful, established beauty salon, this unique property offers an exceptional opportunity for an owner-user, investor, or buyer looking to create a custom residence in a prime downtown location. The property has a diverse history, having previously operated as a restaurant and antique store, and may offer potential for conversion to a single-family residence. With its flexible layout and private backyard, the property provides an exciting opportunity to reimagine the space for residential living, continued commercial use, or an income-producing investment. The current building features a 1/2 bath and approximately 1,000 sq. ft. of space. A residential remodel could create a charming downtown home, with room in the backyard for a possible addition to increase living space or potentially create additional income-producing space and short-term rental potential. Additional highlights include a private backyard, alley access, and ample street parking—valuable features for a downtown property. Originally remodeled in 2008, improvements included new floor joists, insulation, plumbing, and electrical. Whether you continue the existing salon operation, create a unique downtown residence, expand for additional income potential, or pursue another investment strategy, this property offers flexibility and opportunity in one of Corvallis' most desirable locations. Owner contract potential. Buyer to verify additional plumbing, sewer capacity and connection requirements with Corvallis Sewer district. Some listing photos are AI-generated and are intended solely to illustrate potential uses and improvements. Listing agent makes no representation or guarantee that the layouts, dimensions, or improvements depicted in the AI-generated images are feasible within the existing space.

1025 Main Street, Corvallis

$445,000

3 Beds ⋅ 2 Baths ⋅ 30076939 MLS

Welcome to 1047 Jessica Court in Corvallis. Seller is offering a $5,000 buyer credit! Use it toward closing costs, prepaid expenses, or an interest-rate buydown - giving you flexibility and potentially lowering your upfront costs or monthly payment. This well-maintained 3-bedroom, 2-bath home offers comfortable single-level living in a quiet Corvallis neighborhood with beautiful Bitterroot Valley and mountain views. Built in 2006, the home features 1,328 square feet with a functional, easy-living floor plan. Enjoy the convenience of central air conditioning, natural gas forced-air heat, an attached 2-car garage, and plenty of storage. Outside, the approximately 0.24-acre lot features a fenced yard, underground sprinklers, patio area, paved parking, and room to enjoy Montana's beautiful surroundings. The established neighborhood offers a peaceful setting while still providing convenient access to Corvallis, Hamilton, nearby schools, walking trails, the Bitterroot River, and all the recreation the Bitterroot Valley has to offer. With 3 bedrooms, 2 full bathrooms, single-level living, an attached garage, and a manageable lot, this home offers a great combination of comfort, convenience, and location.

1047 Jessica Court, Corvallis

$359,000

3 Beds ⋅ 2 Baths ⋅ 30074301 MLS

Fresh new exterior paint and interior remodel! Enjoy this .24 acre home with large yard in the heart of Corvallis! It’s full of personality and very unique. With original hardwood floors, newer appliances, and a great shop across the alley this 3 bed – 1.75 bath home welcomes in sunlight and is ready for decorating ideas. Directly across from the Corvallis Primary School and a short drive to the Highway or Hamilton the location is so convenient. As an added bonus there are water rights for irrigation/sprinkler. The exterior is just begging for the gardener in you to bring it alive! Chickens are allowed!

1093 Eastside Highway, Corvallis

514 Hamilton Heights Road Unit 6, Corvallis

$148,000

2 Beds ⋅ 1 Baths ⋅ 30070091 MLS

ONLY 3 UNITS LEFT IN THIS NEW PARK! Buy Now ~ Receive free lot rent for the remainder of 2026.... OR.... a small storage shed to go with your new home! Conveniently located between Hamilton and Corvallis, you will find this 2025 model from Palm Harbor Homes with Energy Star rating. Enjoy the tranquility of rural living in this attractive, new, seven unit park overlooking Hedge Ditch. This 2 bedroom, 1 bath home is cozy and quaint. The living room has amazing views. The efficient kitchen provides plenty of counter space with a work, farm sink, and new stainless appliances. There's a handy carport, too. Whether you utilize this as a seasonal getaway or a year-round residence, you will be minutes away from all the recreational activities the Bitterroot has to offer! Monthly lot rent of $495 includes: water, sewer, garbage, and lawn care! Call today!

514 Hamilton Heights Road Unit 6, Corvallis

514 Hamilton Heights Road Unit 2, Corvallis

$198,000

2 Beds ⋅ 2 Baths ⋅ 30070087 MLS

Owner Financing available! Conveniently located between Hamilton and Corvallis, you will find this 2025 model from Palm Harbor Homes with Energy Star rating. Enjoy the tranquility of rural living in this attractive, new, seven unit park overlooking Hedge Ditch. This 2 bedroom, 2 bath home has a fantastic primary suite with a large shower and walk in closet. The generous sized living room includes a linear electric fireplace. The kitchen provides plenty of counter space with a work island, farm sink, and new stainless appliances. This home has a covered deck, perfect to watch the sun setting against the Bitterroot Mountains and a handy carport. Whether you utilize this as a seasonal getaway or a year-round residence, you will be minutes away from all the recreational activities the Bitterroot has to offer! Monthly lot rent of $495 includes: water, sewer, garbage, and lawn care! Call today!

514 Hamilton Heights Road Unit 2, Corvallis

514 Hamilton Heights Road Unit 1, Corvallis

$198,000

2 Beds ⋅ 2 Baths ⋅ 30070085 MLS

Owner Financing Available! Conveniently located between Hamilton and Corvallis, you will find this 2025 model from Palm Harbor Homes with Energy Star rating. Enjoy the tranquility of rural living in this attractive, new, seven unit park overlooking Hedge Ditch. This 2 bedroom, 2 bath home has a fantastic primary suite with a large shower and walk in closet. The generous sized living room includes a linear electric fireplace. The kitchen provides plenty of counter space, a farm sink, and new stainless appliances. This home has a covered deck, perfect to watch the sun setting against the Bitterroot Mountains and a handy carport. Whether you utilize this as a seasonal getaway or a year-round residence, you will be minutes away from all the recreational activities the Bitterroot has to offer! Monthly lot rent of $495 includes: water, sewer, garbage, and lawn care! Call today!

514 Hamilton Heights Road Unit 1, Corvallis

$459,000

2 Beds ⋅ 2 Baths ⋅ 30067504 MLS

Looking for a lovingly maintained open layout home on 1.2 acres that allows a horse? You must see this home if you're looking for space, mature trees (including apple trees), irrigation rights to Daly Ditch with underground sprinklers (the "creek" is right out the back fence - dip your toes in the water in the summer!) and so many updates! In addition to 2 bedrooms and 2 bathrooms, there is a large crafting/utilities space and a private office. And - the detached, oversized garage with spacious workshop and 2 storage sheds make this an ideal property for so many lifestyles! The exterior garage and house was just painted and the kitchen appliances and ceiling fans are brand new! In 2025 the home and garage were re-roofed, new bathroom fans and a pressure tank were installed as well as updated plumbing and a newer furnace will give you peace of mind that this home is ready for you to move into! Although the home is a manufactured home, the interior was almost completely rebuilt in 2012 using frame construction and drywall. Enjoy the huge lawn and private feel of the lot while being within about a 10 minute drive of Hamilton and less than 45 minutes to Missoula for commuters. Come walk through your future home and see what the excitement is about! **Financing available! (See your lender) Although this home was built in 1977 it currently has a conventional mortgage!**

117 Martin Drive, Corvallis

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