Norwood Homes under $500,000

Welcome to Norwood, Colorado – a hidden gem nestled in the breathtaking San Miguel County, where the beauty of the Rocky Mountains meets the charm of a close-knit community. Known for its stunning landscapes and outdoor adventures, Norwood offers a perfect blend of tranquility and excitement, making it an ideal place for both families and individuals seeking a peaceful lifestyle.

With a population that thrives on community spirit, Norwood boasts a vibrant local culture, featuring delightful shops, cozy cafes, and a variety of recreational activities. Whether it’s hiking the scenic trails, fishing in pristine waters, or simply enjoying the spectacular mountain views, there’s no shortage of ways to embrace the great outdoors here.

For those seeking to call Norwood home, the real estate market is surprisingly accessible, with numerous charming homes available for under $500,000. This affordability opens the door for first-time buyers, families, or anyone looking to invest in a slice of Colorado paradise without breaking the bank. From quaint cottages to spacious family homes, there’s a diverse selection of properties that cater to various lifestyles and preferences.

Imagine waking up to the crisp mountain air and the sound of nature right outside your window. With Norwood’s inviting community and affordable housing options, you can turn that dream into a reality. Explore the possibilities and discover why Norwood, Colorado, is not just a place to live, but a place to thrive. Your new adventure awaits!

Newest Norwood Homes under $500,000

$480,000

3 Beds ⋅ 2 Baths ⋅ 838523 MLS

Country living on 5 acres with town conveniences just 2 miles SE in the town of Norwood. New carpet, updated bathrooms, wood burning fireplace, one car garage, corner location. Ample daylight in every room. Side by side washer dryer in convenient hallway dedicated closet. Three shares of Farmers' Water can be used to irrigate the fields. Good potential ground to keep livestock and many shade trees contribute to comfortable pasture.

12 Cedar Dr, Norwood

$419,000

2 Beds ⋅ 1 Baths ⋅ 838152 MLS

What a charming home! This recently updated and remodeled home sits on 2 acres with highway frontage. Possible commercial if desired. It was a pet store at one time with residential in back. Lots of room to spread out and add an addition, garage, shop or a barn for your horses. Inside has hardwood floors throughout and a huge farmhouse kitchen. Heating is propane, electric and wood stove, and it has the best well...so free water!

39588 Hwy 145, Norwood

$499,000

3 Beds ⋅ 2 Baths ⋅ 833257 MLS

Another $50,000 price reduction! Price is now firm! Country living with stunning mountain views. On 3.3 acres, this 3 bedroom, 2 bath 2,278 sq. ft. home has been recently remodeled and updated inside and out with new luxury vinyl plank flooring throughout, completely repainted, new lighting, new bathroom toilets, appliances and modern updates. With high ceilings and plentiful windows it provides lots of abundant natural light. The generously sized rooms are designed for both comfort and functionality. Step outside and enjoy the wrap-around covered deck — the perfect spot to take in the breathtaking mountain views and peaceful surroundings. Your horses are welcome here. This property also includes a 1,560 sq. ft. insulated and heated shop, ideal for all your cars, RV, Boat, all your toys, and for those who love projects and hobbies it has ample workspace and storage. This property also includes another large shed for additional storage options. Space, views, and modern updates all just minutes from Norwood for all your amenities. Covenants and Bylaws are in Documents.

39678 Eagle Dr, Norwood

$260,000

831826 MLS

This is a 4 space Trailer Park on .407 acres. It includes 4 water taps, 4 sewer taps and electric meters to all spaces. One trailer space is currently occupied, trailer space 2, and is in the process of being cleaned up. This renter owns the trailer. This is a wonderful investment opportunity.

Tbd Naturita St, Norwood

$359,000

3 Beds ⋅ 3 Baths ⋅ 819642 MLS

This is such a remarkable opportunity for you. This deed restricted new build, gorgeous home has come back on the market! You now have an opportunity to purchase it. Wonderful open floor plan, light filled 3 bedroom 3 bathroom home! Split electric heating and cooling system. This is a coveted corner lot. No neighbors to the south, east and west. Only one next door neighbor to the north. Perfect. Also, it is totally private with a new privacy fence which is perfect for your dogs or children's safety. The owner, although they haven't owned it long, has made wonderful additions to the property including beautiful privacy fencing and backyard deck. This is such a nice new quiet neighborhood. It is so peaceful, with mountain and pasture views from your windows. And now the best news! Approved Buyers will be able to take advantage of state provided down-payment assistance and low interest rates. This is a Rural Homes project, a non-profit developer in partnership with the San Miguel Regional Housing Authority and San Miguel County. There is also assistance from the Impact Development Fund. For more information on the purchasing process and next steps contact me for loan assistance info and Pinion Park deed restrictions or San Miguel Housing Authority. Check out the associated documents for loan assistance.

1560 Juniper St, Norwood

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