Olathe Homes under $500,000

Olathe Homes under $500,000

Welcome to Olathe, Kansas—where charming small-town vibes meet the conveniences of modern living! Nestled in the heart of Johnson County, Olathe is a vibrant city that boasts a rich history, a thriving economy, and a diverse community. With its picturesque parks, excellent schools, and a variety of shopping and dining options, Olathe is an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of Olathe is its affordability, especially when it comes to real estate. If you're looking for a home under $500,000, you’ll be delighted by the variety of options available. From cozy single-family homes perfect for first-time buyers to spacious townhouses for growing families, Olathe offers a wide range of properties that cater to different lifestyles and budgets.

Imagine settling into a charming home with a beautiful yard, where you can enjoy outdoor gatherings with friends and family, or take leisurely strolls through the nearby parks. Olathe is known for its friendly neighborhoods, and many homes come with features like updated kitchens, finished basements, and ample storage space—all at a price point that won’t break the bank.

With easy access to major highways and proximity to Kansas City, you can enjoy the best of both worlds: the tranquility of suburban life and the excitement of city living. Discover your dream home in Olathe today—where affordability meets community charm!

Newest Olathe Homes under $500,000

1106 E Elizabeth Street, Olathe
$225,000
3 Beds ⋅ 2 Baths

1106 E Elizabeth Street, Olathe

Listing courtesy of Haley Epps of Compass Realty Group.
1204 E Fredrickson Drive, Olathe
$299,000
3 Beds ⋅ 2 Baths
A front living room welcomes you in, while a newer addition opens to a large, light-filled kitchen featuring granite countertops, stainless steel appliances, and a gas range. The kitchen flows directly into the family room and out to the backyard — ideal for everyday living and entertaining. The addition also includes a spacious primary ensuite with a private bath and large walk-in closet. A laundry and mud room conveniently connects the kitchen to the garage, and laminate flooring runs throughout most of the home. Outside, a large fenced yard offers plenty of room to roam, plus an extra storage shed for tools and equipment. With separate living areas and a flexible floor plan, this home suits a variety of households — multi-generational living, roommates, or anyone who simply needs extra space.

1204 E Fredrickson Drive, Olathe

Listing courtesy of Mollie Massieon of Keller Williams Realty Partners Inc..
123 S Janell Drive, Olathe
$350,000
3 Beds ⋅ 2 Baths
Don’t miss this charming 1.5-story home situated on a beautiful corner lot surrounded by lush, mature landscaping! Fresh exterior paint, along with a newer roof and windows replaced within the past few years, adds to the home’s appeal. Step inside to find stunning hardwood floors throughout the main level and an impressive living room featuring soaring ceilings and an abundance of windows that flood the space with natural light. The spacious kitchen offers an open layout with ample cabinetry and a separate dining area overlooking the picturesque backyard. A highly desirable main-level primary suite features a private en suite bathroom complete with double vanities and a tub/shower combination. Upstairs, you’ll find generously sized secondary bedrooms, while the fully finished basement provides the perfect space for a media room, game area, or additional entertaining space. Step outside and enjoy the beautifully landscaped yard, where thoughtfully placed trees create a wonderful sense of privacy. An additional gravel parking pad offers space for an RV, trailer, or recreational vehicles, complete with a conveniently located exterior power outlet. Sidewalk-lined streets and a fantastic location near shopping, dining, schools, and everyday conveniences complete the package. Offering the perfect blend of charm, space, privacy, and functionality, this home is one you won’t want to miss!

123 S Janell Drive, Olathe

Listing courtesy of YFA Team of Your Future Address, LLC.
15910 W 150th Terrace, Olathe
$410,000
4 Beds ⋅ 3.5 Baths
This spacious 4-bedroom, 3.5-bath home offers an impressive 3,253 square feet of living space, with room for everyone! From the moment you arrive, you'll love the charming curb appeal and inviting exterior. Inside, enjoy fresh new carpet, giving the home a refreshed feel. The finished basement provides additional living space, perfect for entertaining! Turn the basement into an additional rec room, home theater or a guest retreat with full bath! Step outside to enjoy your own backyard getaway, featuring a pool and large, over-sized deck! With generous living space, desirable updates and fantastic outdoor amenities, this home offers the perfect combination of comfort, functionality and fun! Located off 151st in Olathe, close to highways, shopping and restaurants. Award winning Olathe school district in the heart of Johnson County! Don't' miss this one!

15910 W 150th Terrace, Olathe

Listing courtesy of Laura Ross of Real Broker, LLC.
1938 E SUNVALE Drive, Olathe
$350,000
3 Beds ⋅ 2.5 Baths
If you're looking for a home that has been lovingly maintained and thoughtfully updated, it doesn't get better than this! Offering 3 bedrooms, with a fourth bedroom converted into a large walk-in closet/nursery, there is flexibility to make the space work for your needs. Two separate living areas provide room to spread out, while the spacious kitchen and dining area make everyday living and gathering easy. An additional loft space that works great as an office,playroom, or craft nook. The list of updates is impressive and extensive, including fresh interior paint throughout, a new roof, gutters, guards and downspouts, and a new electrical panel. The HVAC and hot water heater were upgraded 3-4 years ago. The patios, decks and fence have also been replaced within the last few years. You'll appreciate the abundance of storage in the sub-basement, complete with a Dry Basement system, sump pumps and vapor barrier. And for additional monthly savings, enjoy the added benefit of solar energy. The home has solar panels that you could choose to lease to help keep energy costs low. This is just a few of the improvements made and the full list is at the house. So much of the work has already been done here, giving you the opportunity to simply move in and make it your own!

1938 E SUNVALE Drive, Olathe

Listing courtesy of Homeric Group of KW KANSAS CITY METRO.
16632 W 132nd Circle, Olathe
$380,000
3 Beds ⋅ 2.5 Baths
This spacious home has been extensively updated with brand-new carpet and luxury vinyl flooring, fresh interior paint, hardware, fixtures, and knockdown ceilings in most rooms! A whitewashed stone fireplace makes a striking first impression in the dramatic great room. The bright kitchen overlooks the great room and features new quartz countertops, a farmhouse sink, freshly painted cabinetry, and stainless-steel appliances. In the large primary suite, you’ll find a tray ceiling, two closets, and a renovated bath with a double vanity, an updated shower, and a new soaking tub. Laundry is conveniently located on the bedroom level. Downstairs, the finished walkout lower level includes another bathroom and great space for a rec room or home office. You'll find more than enough storage between the unfinished sub-basement and the oversized garage. Other highlights include a new deck, new back privacy fence, updated windows, and low-maintenance vinyl siding. Highways, shopping, and employment centers are all within easy reach!

16632 W 132nd Circle, Olathe

Listing courtesy of Doug Mitts of Keller Williams Realty Partners Inc..
714 S Chestnut Street W, Olathe
$285,000
4 Beds ⋅ 1 Baths
Enjoy Old World charm in a quiet neighborhood just a short walk from vibrant downtown. This spacious 4-bedroom, 1-bath home offers approximately 1,800 square feet, featuring original hardwood floors, abundant built-ins, a bright open kitchen, formal living and dining rooms, and fresh paint inside and out. Relax on the shady front porch, ideal for a porch swing, or entertain on the backyard patio. The large, fenced yard provides plenty of space for barbecues, gardening, or active dogs. Additional highlights include new thermal windows, central air, a windowed basement, and an oversized garage.

714 S Chestnut Street W, Olathe

Listing courtesy of Sharon Sigman of RE/MAX State Line.
14915 W Peppermill Drive, Olathe
$350,000
3 Beds ⋅ 2 Baths
Welcome to this move-in ready home in the award-winning Olathe school district, conveniently located close to shopping and dining! This spacious home features fresh interior paint and brand-new carpet across the main level and stairs (Nov 2026). The open great room is anchored by a cozy stone fireplace, and a charming bay window with a built-in window seat. The expansive eat-in kitchen has been refreshed with new countertops, stylish tile backsplash, a touchless faucet, and an abundance of cabinetry and pantry storage. Perfect for everyday meals and hosting gatherings! Retreat to the generous primary suite featuring dual closets, a new solid surface vanity top with sink and faucet, and a new shower (Oct 2025). Two additional spacious bedrooms share a second full bath featuring a new faucet, newly tiled shower (Nov 2026), and new flooring that carries through both bathrooms. Downstairs, the finished lower level provides incredible flexibility with two dedicated family rooms, ideal for movie nights, a home office, gym, or non-conforming bedroom. Plus ample unfinished space for all your storage needs. Outside, enjoy a large, tree-lined backyard complete with an entertaining deck, durable river rock under the deck with clean metal landscape edging (Summer 2025), and a storage shed. The oversized two-car garage comes equipped with a large workbench and new insulated doors with smart openers (Summer 2026). You don’t want to miss this one! Taxes and SqFt per county record. Room sizes approx. No preferences or limitations or discrimination because of any of the protected classes under Fair Housing.

14915 W Peppermill Drive, Olathe

Listing courtesy of Hendrix Group of Real Broker, LLC.
14650 S Peppermill Court, Olathe
$359,950
3 Beds ⋅ 2 Baths
This ranch home will be the best present you can give yourself this holiday season. The memories created in this freshly painted home will last a lifetime. Brand new, asphalt shingle roof plus gutters. Garage floor newly finished w/epoxy coating. New LVP, microwave, dishwasher and ceiling fans. Enjoy the fireplace in the Great Room that opens to the dining area and breakfast bar. Savor your coffee in the sun porch out back. Primary ensuite w/walk in closet. Need more room? Full, unfinished basement is stubbed for a full bath, ideal for extra family room or recreation area. All this in a cul-de-sac lot with mature trees. Maintenance free siding. Fenced yard. Plus walking distance to the elementary school.

14650 S Peppermill Court, Olathe

Listing courtesy of Tera Jensen-Battese of HomeSmart Legacy.
633 S Troost Street, Olathe
$275,000
3 Beds ⋅ 2 Baths
Come check out this great Olathe ranch that brings together practical updates, generous outdoor space, and an appealing opportunity to personalize without paying for someone else’s design choices. Offering 1,524 sqft on an 11,160sq ft lot, it includes three bedrooms, two bathrooms, and comfortable single-level living. Wood floors add warmth and character, while thermal windows add comfort. The family room features a fireplace with a remote starter, making cozy evenings wonderfully low-effort—because even ambiance should come with a button. With seven rooms in total, the floor plan provides flexibility for daily routines, guests, hobbies, or a dedicated workspace. Some Improvements are already in place, including a new 200-amp electrical panel and a replaced sewer line, replaced water lines and kitchen granite and stainless steel oven and dishwasher. The remaining canvas is ready for your decorating ideas, whether that means fresh color, updated finishes, or a more ambitious renovation over time. Outdoor living includes a large screened-in porch, stamped concrete front porch, and backyard shed. A two-car attached garage adds sheltered parking and storage, The list price allows room to make it your own, this property rewards vision. Schedule your private showing and start imagining the possibilities today.

633 S Troost Street, Olathe

Listing courtesy of Mary Ann Vanderweide of RE/MAX Realty Suburban Inc.
2327 W Johnston Street, Olathe
$460,000
4 Beds ⋅ 2.5 Baths
The most charming home, with designer touches throughout, is waiting for you! This beautiful 4-bedroom, 2.5-bathroom home has been thoughtfully updated from top to bottom. Enjoy gorgeous new hardwood flooring throughout the main level, a new roof, new HVAC, new water heater, updated bathrooms, new windows, and stylish finishes throughout. Nestled in Persimmon Hill, one of the area's most desirable neighborhoods, you'll love the wonderful amenities, top-rated schools, and sought-after community setting. No detail has been overlooked in this meticulously cared for home. Step outside and discover a beautifully refreshed backyard featuring new landscaping, creating a lovely outdoor retreat to relax, entertain, and enjoy the seasons. From the moment you step through the front door, you'll be captivated by the warmth, charm, natural sunlight, and thoughtful details that make this home truly special. Beautifully updated and absolutely move-in ready, this is perfection at every turn! Come and see for yourself!

2327 W Johnston Street, Olathe

Listing courtesy of Becca Hageman of Compass Realty Group.
603 N SOMERSET Terrace, Olathe
$350,000
3 Beds ⋅ 2.5 Baths
This little community is one of Olathe's hidden gems! Sterling Estates is a maintenance-free neighborhood lined with mature trees & nestled into the heart of the city. This home has been updated up with fresh paint, new main-floor carpet & LED lighting. The whole house is filled with natural light, as it has 2 patio doors & tons of windows. It is such a great place for so many reasons: zero-step entry 2-car garage, 1600+ square feet (all accessible using included stair lift}, grab bars in restrooms, 3 bedrooms, huge basement flex room, 2.5 bathrooms, deck & patio, refirgerator included, finished walkout lower level with full bath & wet bar, low HOA fees. If you've been thinking about the benefits of single-level living, but have been afraid of giving up your square footage...this could be the perfect, affordable option for you!

603 N SOMERSET Terrace, Olathe

Listing courtesy of Steve Pickens of Platinum Realty LLC.
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The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.

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