Richfield Homes under $500,000

Richfield Homes under $500,000

Welcome to Richfield, New York, a charming town nestled in the heart of Otsego County. Known for its picturesque landscapes and friendly community, Richfield offers a unique blend of small-town charm and access to nature's bounty. With its rolling hills, serene lakes, and lush greenery, this area is perfect for those seeking tranquility and a slower pace of life.

Richfield is not just about stunning scenery; it boasts a rich history and a vibrant local culture. Residents enjoy a variety of recreational activities, from hiking and fishing to exploring the local parks and historical sites. The town's close-knit community is evident in its annual events, farmers' markets, and local festivals, making it easy for newcomers to feel right at home.

For those looking to invest in real estate, Richfield presents an excellent opportunity. Homes under $500,000 are plentiful, offering a range of options for families, retirees, and first-time homebuyers alike. From charming historic houses with character to modern builds with all the amenities, there’s something for everyone in this delightful town.

Imagine settling into a cozy home with scenic views, where you can enjoy peaceful evenings on your porch or weekend adventures in the great outdoors. Richfield's affordable housing market makes it possible to live your dream without breaking the bank.

If you’re ready to discover the charm of Richfield, NY, and explore the wonderful homes available, you’ll find that this town is more than just a place to live; it’s a place to thrive. Come and experience the warmth of Richfield today!

Newest Richfield Homes under $500,000

40 Union Street, Richfield
$139,900
4 Beds ⋅ 1 Baths ⋅ S1718837 MLS
Welcome to 40 Union Street in Richfield, where space, potential, and an incredible setting come together! Offering 1,836 square feet, 4 bedrooms, and 1 full bathroom, this home presents an exciting opportunity for buyers ready to bring their vision to life. Step inside to find generously sized rooms, abundant natural light, hardwood flooring throughout portions of the home, and a flexible layout with plenty of character and possibilities for updates. An enclosed porch adds even more usable space and is ready to be transformed into a welcoming spot to relax and unwind. Set on 0.41 acres, the property provides a spacious yard with room for outdoor entertaining, gardening, recreation, and more. The large barn and garage are major selling points, offering exceptional space for vehicles, equipment, a workshop, hobbies, or additional storage. Adding even more potential, both the home and garage are equipped with chimneys, offering the opportunity for a pellet or wood stove and giving the next owner additional options for supplemental heat and cozy Upstate living. And then there’s the location! Situated in the beautiful Richfield area and surrounded by the rolling hills and scenic countryside of Central New York, this property puts you within easy reach of the recreational opportunities and natural beauty the region is known for. With Canadarago Lake nearby, enjoy convenient access to boating, fishing, kayaking, and year-round outdoor recreation. Whether you're searching for a year-round home, a property to renovate and make your own, or simply want extra space with substantial outbuildings in a beautiful Upstate New York setting, 40 Union Street is packed with opportunity. Bring your ideas and make this one yours! * BEING SOLD AS IS *

40 Union Street, Richfield

Listing courtesy of River Hills Properties LLC Lf. Contact:

3636 Us Highway 20, Richfield
$85,000
4 Beds ⋅ 2 Baths ⋅ R1716346 MLS
Bring your vision and discover the potential of this spacious Richfield Springs property! Offering approximately 2,300 square feet with five bedrooms and two full baths, this home offers plenty of space for an investor, renovator, or buyer ready to make it their own. Situated on a 1.94-acre corner lot adjacent to the Richfield Springs school campus, the property features spectacular views of the Richfield Springs reservoir and fountain located just behind the home, providing a beautiful backdrop throughout the seasons. Several important improvements have already been completed, including a new water filtration system and updates to the insulation, electrical wiring, and plumbing. The home features a combination of metal and asphalt roofing, with the asphalt portion replaced approximately two years ago. The home is ready for additional updating and renovation, offering the next owner an opportunity to bring their own ideas and style to the property. With five bedrooms, two full baths, approximately 2,300 square feet of living space, and nearly two acres, there is plenty of room and potential. Whether you're looking for an investment property, renovation project, or a home to transform into your own, bring your ideas and imagine the possibilities!

3636 Us Highway 20, Richfield

Listing courtesy of Howard Hanna. Contact: 315-717-1907
46 Prospect Street, Richfield
$180,000
3 Beds ⋅ 1 Baths ⋅ S1705516 MLS
Welcome to 46 Prospect St in Richfield Springs! This charming 3-bedroom, 1-bath home offers comfort, space, and convenience in a quiet village setting. One of the standout features is the first-floor bedroom, providing flexible living options for guests, a home office, or convenient single-level living. Situated on a generous half-acre lot, the property offers plenty of outdoor space for gardening, recreation, or simply enjoying the peaceful surroundings. A detached two-stall garage provides ample room for parking, storage, or a workshop. With its spacious yard, practical layout, and desirable location close to local amenities, this home presents a great opportunity for homeowners or investors alike. Listed at $190,000, 46 Prospect St is ready for its next chapter.

46 Prospect Street, Richfield

Listing courtesy of River Hills Properties LLC Lf. Contact:

17 W James Street, Richfield
$127,500
5 Beds ⋅ 2 Baths ⋅ S1704604 MLS
Back On The Market; No Fault To Seller! New to the market is a 2,474, SqFt multi-family property in Richfield Springs holding two units that coincide comfortably with each other. The first floor holds 2 beds & 1 bath while the second floor holds 3 beds & 1 bath! This home is a great investment opportunity and provides tenants comfortable living with spacious rooms throughout both units. Recently undergoing renovations to modernize the home, this property is in condition to be redesigned at your pleasure! Take advantage of the opportunity to bring your visions to life with the limitless potential this home brings.

17 W James Street, Richfield

Listing courtesy of River Hills Properties LLC Lf. Contact:

14 Lakeview Avenue, Richfield
$174,900
5 Beds ⋅ 2 Baths ⋅ S1701097 MLS
Step into the charm and character of this spacious 1880 home, where timeless craftsmanship meets the opportunity to make it your own. Offering 2,495 square feet, 5 bedrooms, and 1.5 bathrooms, 14 Lakeview Avenue provides the space, flexibility, and historic details that buyers searching for a classic village home will appreciate. Inside, you'll be greeted by beautiful original woodwork, hardwood floors, and generous living spaces designed to suit your lifestyle. The kitchen features a center island and walk-in pantry, while the adjoining family room offers a cozy gathering space for everyday living. An office area provides a dedicated workspace, and an additional room can serve as a formal dining area, hobby space, or whatever best fits your needs. Outside, enjoy your morning coffee on the welcoming front porch or relax on the patio overlooking the spacious village lot—perfect for outdoor entertaining, gardening, or simply enjoying the open space. The detached one-stall garage includes a workshop area and a loft, offering excellent storage and endless possibilities for projects, hobbies, or a creative workspace. A newer furnace (about 9 years old) provides added peace of mind. Located just a short walk from the center of Richfield Springs, you'll have easy access to local restaurants, the public library, school, hardware store, and bank. Outdoor recreation is always nearby, with the Canadarago Lake boat launch just six minutes away, Gimmerglass State Park roughly 23 minutes away, Cooperstown 25 minutes away, and the highly regarded Leatherstocking Golf Course close by. If you've been searching for a home filled with historic charm, ample living space, and the chance to add your personal touch, this is one you won't want to miss. Schedule your private tour today and discover everything 14 Lakeview Avenue has to offer.

14 Lakeview Avenue, Richfield

Listing courtesy of Coldwell Banker Faith Properties. Contact:

37 Lake Street, Richfield
$64,900
3 Beds ⋅ 2 Baths ⋅ S1699767 MLS
37 Lake St, Richfield Springs, NY — 3BR/2BA Fixer-Upper on a Massive .44-Acre Corner Lot | $64,900 Calling all visionaries, investors, and hands-on homeowners! This 3-bedroom, 2-bathroom fixer-upper at 37 Lake St offers a rare opportunity to build sweat equity on an oversized .44-acre corner lot — plenty of room to expand, landscape, garden, or simply enjoy the extra space that's hard to find at this price point. The home is ready for your renovation ideas, whether that means a full remodel, a flip, or a personalized restoration to make it your own. At $64,900, this is an affordable entry point into homeownership or your next investment project, with plenty of room to add value. Location is a major bonus here: Richfield Springs sits just a short drive from Cooperstown, home of Dreams Park — making this property a fantastic candidate for a short-term or seasonal rental during Dreams Park's busy baseball tournament season. With families flocking to the area every summer, an updated home here could be a strong income-generating investment on top of a great primary residence or weekend getaway. Whether you're looking for your next project, a rental property with built-in seasonal demand, or a spacious lot to make your own, 37 Lake St is full of possibility. Bring your contractor, bring your vision — this one's ready to be transformed.

37 Lake Street, Richfield

Listing courtesy of River Hills Properties LLC Lf. Contact:

17 Park Street, Richfield
$119,900
4 Beds ⋅ 2 Baths ⋅ S1675490 MLS
Welcome to your next home in the quaint village of Richfield Springs, NY! This delightful 2-story residence offers space, comfort, and functionality. First Floor Features: Spacious eat-in kitchen, Full bathroom, Cozy living room, Convenient first-floor bedroom, Upstairs you'll find: 3 comfortable bedrooms and another full bathroom. Step outside to enjoy the covered side porch – perfect for relaxing mornings or peaceful evenings. There's also a handy workshop attached to the house and a separate shed for extra storage. A new roof has been installed. Whether you're looking for your first home, a peaceful retreat, or a place with room to grow, this property is full of potential! this home combines small-town tranquility with easy access to nearby Cooperstown, Herkimer, and the surrounding countryside you if you love outdoor activities there are several lakes to enjoy.

17 Park Street, Richfield

Listing courtesy of Accent Brokerage, Inc.. Contact: 315-868-3098
201 Main Street, Richfield
$369,000
9 Beds ⋅ 4 Baths ⋅ R1632931 MLS
Take a walk back in time and marvel at this ONE-OF-A-KIND, Queen Anne Victorian in Richfield Springs! A few miles to Canadarago Lake, a short drive to Cooperstown Village and Otsego Lake! Built in 1883, this home stands out proudly on Main Street. The interior and exterior craftsmanship does not disappoint! Newly painted exterior, intricate detailing, decorative features, steep gable roofs, expansive wrap around front porch, stained glass and gothic window details. Original woodwork throughout this home is STUNNING! Tall, beamed ceilings, arched doorways, three fireplaces, tiled hearths, wood mantels. The stairway leading up to the 3rd floor is a work of art! A 4th floor tower room. Period style lighting on every floor completes each room. As you enter the front doors, you will be immediately taken back in time! The double front doors and brass doorknobs are beautiful! To the right of the center hall is a formal living room. Spectacular features, heavy wood trim, french doors, traditional fireplace and a sparkling crystal chandelier. Towards the back of the house, you will find a handsome office with beamed wood ceilings, and a picture window looking out over the backyard. To the left of the center hall is a parlor with a tiled hearth fireplace. Passing through the formal dining room you will find another cozy fireplace and built in bookshelves. A walk-through pantry leads to the kitchen. All doors are heavy, wood paneled with original brass hinges and doorknobs! The exterior of this beauty has been maintained with love and appreciation; the interior does need some wall work, painting, and the wood floors could use a good sanding. The bathrooms and kitchen have been upgraded over the years, but one may choose to update again to modernize. Added to this well-manicured, spacious lot is a newer 2 car garage with walk up attic space for storage or could be renovated into an office space or apartment. Give me a call and learn more about this magnificent home. Sidenote, the homeowners are slowly cleaning out every room in this house, many years of collecting in this well-loved family home. Being sold in AS IS condition. Inspection is welcomed for buyers' knowledge.

201 Main Street, Richfield

Listing courtesy of Cedar Ridge Realty. Contact:

2556 County Highway 22, Richfield
$469,900
3 Beds ⋅ 2 Baths ⋅ R1608376 MLS
WELCOME TO YOUR LAKESIDE RETREAT ON BEAUTIFUL CANADARAGO LAKE! This exceptional lake access home offers the perfect blend of comfort, style, and breathtaking views. Featuring THREE SPACIOUS BEDROOMS and TWO FULL BATHROOMS, this home is designed for both everyday living and unforgettable getaways. Step into the UPDATED KITCHEN, where GRANITE COUNTERTOPS, SKYLIGHTS, and modern finishes make cooking a joy. The OPEN LIVING AREA flows effortlessly to the outdoors with SLIDING GLASS DOORS leading to a COVERED FRONT DECK- ideal for entertaining, sipping morning coffee, or simply relaxing as you watch the sun rise and set over the sparkling lake. Enjoy the serene beauty of Canadarago Lake from multiple vantage points, including a walkout deck and a private deck off the owner's bedroom. Weather your hosting guests or soaking in the peaceful atmosphere, every space is thoughtfully designed to take full advantage of the lake views. ADDITIONAL HIGHLIGHTS INCLUDE: A TWO CAR GARAGE, 5 ACRES OF LAND, A FLOATING DOCK AND OWNERSHIP OF 30 FOOT LAKE FRONTAGE just steps away. This is more than just a home - it's a LIFESTYLE.

2556 County Highway 22, Richfield

Listing courtesy of Howard Hanna. Contact: 315-717-1907
Start Your Search