Cadillac Homes under $500,000

Cadillac Homes under $500,000

Welcome to Cadillac, Michigan—a hidden gem nestled in the heart of Wexford County. This charming city, surrounded by breathtaking natural beauty, offers a unique blend of small-town warmth and vibrant community spirit. Known for its stunning lakes, lush forests, and outdoor recreational opportunities, Cadillac is the perfect place for those seeking a peaceful retreat while still being close to modern amenities.

Cadillac boasts a rich history and a welcoming atmosphere, making it an ideal destination for families, retirees, and anyone looking to embrace a slower pace of life. The city is home to a variety of local shops, delightful eateries, and community events that foster a strong sense of belonging. Whether you’re strolling through the picturesque downtown area or enjoying a day at the nearby Cadillac Lake, you’ll quickly discover why so many choose to call this city home.

For those in search of affordable housing options, Cadillac offers a fantastic selection of homes priced under $500,000. From charming bungalows to spacious family homes, there’s something for everyone in this price range. Many of these properties feature beautiful yards, modern amenities, and easy access to the area’s stunning outdoor attractions.

Living in Cadillac means embracing a lifestyle filled with adventure, community, and comfort. With its affordable housing market and rich array of activities, it’s no wonder so many are making the move to this picturesque Michigan city. Come explore Cadillac and find your dream home today!

Newest Cadillac Homes under $500,000

210 Greenview Circle, Cadillac
$309,900
2 Beds ⋅ 1 Baths ⋅ 1951132 MLS ⋅ ACTIVE Status
Beautifully updated 2-bedroom, 2-bath end-unit condo in desirable Edgeview, offering open living, privacy, abundant storage and access to Lake Cadillac! What truly sets this condo apart is the bright, open-concept floor plan, originally designed this way for the first owners. Vaulted ceilings, skylights and additional windows from the end-unit location fill the main level with natural light, while the kitchen, dining and living spaces flow seamlessly together. The kitchen offers an impressive amount of cabinetry and storage, and the spacious living area features a cozy gas fireplace. The main-floor bedroom makes one-level living easy and features a large walk-through closet with pocket doors and direct bathroom access. Upstairs you’ll find a second spacious bedroom with an oversized walk-through closet and direct bathroom access, plus a versatile loft/family room perfect for guests, a home office or additional living space. Outside, enjoy a large side yard, mature trees, private back patio and views toward Lake Cadillac. Edgeview residents enjoy 100 feet of shared frontage on Lake Cadillac, association dock access and the opportunity to rent a boat slip for just $300/year. Grab your bike right from your front door and enjoy close proximity to the White Pine Trail for miles of biking and recreation. The oversized 2½-car garage features an epoxy floor plus a bar, TV and seating area, making it great for entertaining, vehicles and storage. Tastefully updated with modern flooring and fresh, neutral finishes throughout, this condo is truly move-in ready. More than a condo—it’s low-maintenance living with the Lake Cadillac lifestyle!

210 Greenview Circle, Cadillac
318 Hersey, Cadillac
$269,900
5 Beds ⋅ 2 Baths ⋅ 1951104 MLS ⋅ ACTIVE Status
So much character, space and potential in this unique historic Cadillac home! Situated on a large corner lot, this spacious 5-bedroom, 3-bath home offers plenty of room to spread out. The main level features generous living spaces, a fireplace, formal dining room and loads of character throughout. Upstairs you’ll find the primary bedroom with its own bath and sauna, along with additional bedrooms and baths. A full walk-up attic with soaring open space offers incredible potential for additional finished living space. Outside, you’ll find an attached garage plus a separate unfinished carriage house offering even more possibilities—use it for additional storage or explore the potential for a future guest suite or income-producing space, subject to local approvals. Spacious rooms, high ceilings and so many possibilities make this truly a one-of-a-kind Cadillac home!

318 Hersey, Cadillac
1246 Sunnyside, Cadillac
$27,500
2 Beds ⋅ 2 Baths ⋅ 1951073 MLS ⋅ ACTIVE Status
Experience lakefront living without the hassle with this fractional ownership opportunity at Sunset Shores Resort on beautiful Lake Cadillac. This ownership interest provides 6 weeks of usage per year in a stunning third-floor, two-bedroom unit offering breathtaking panoramic views of the lake. The open-concept floor plan is designed to maximize the spectacular setting, with gorgeous lake views from the living room, kitchen, and bedrooms. Step onto your private balcony to enjoy your morning coffee, relax with a glass of wine, and take in the unforgettable sunsets over Lake Cadillac. The beautifully appointed kitchen features granite countertops and stainless-steel appliances, while the inviting living room offers a cozy fireplace, perfect for relaxing after a day on the water. Sunset Shores Resort also offers an impressive array of amenities, including a clubhouse with an indoor swimming pool, spa, and exercise area. Enjoy all the benefits of a lakefront getaway without the maintenance and responsibilities of owning a full-time vacation property. Six weeks of annual enjoyment, breathtaking lake views, resort amenities, and a perfect location on Lake Cadillac—this is Northern Michigan lakefront living at its best! Sunset Shores also participates with Interval International exchange program that allows you to trade your weeks and travel to other destinations

1246 Sunnyside, Cadillac
320 Howard Street, Cadillac
$225,000
1951048 MLS ⋅ ACTIVE Status
Calling all investors! This fully occupied income property features three one-bedroom apartments, each with its own living room, kitchen, and bathroom. Additional income opportunities include a detached one-car garage available for tenant rental and a shared coin-operated laundry area. The property also offers a fenced backyard and lower-level storage. A strong investment opportunity with established rental income!

320 Howard Street, Cadillac
1246 Sunnyside Drive, Cadillac
$275,000
2 Beds ⋅ 1 Baths ⋅ 1950991 MLS ⋅ ACTIVE Status
Enjoy effortless waterfront living in this beautifully updated furnished 2-bedroom, 2-bath Lakefront Condo. This inviting home features an open-concept layout, gas fireplace, and private balcony showcasing beautiful lake views and Northern Michigan sunsets. This is the most hassle-free and maintenance-free condo available in the area The stylish kitchen offers quartz countertops and updated appliances, while both bathrooms feature quartz countertops and the primary bath includes an updated walk-in shower. A new HVAC system was installed in 2026. New updated appliances, new paint throughout and updated flooring. Move In Ready! Ownership includes access to approximately 420 feet of private sandy beach, sitting dock, and the opportunity for an annual boat slip, subject to availability. Enjoy resort-style amenities including an indoor pool, hot tub, fitness area, and members' lounge and outdoor fireplace. Monthly maintenance dues include utilities, trash removal, snow removal, lawn care, internet, cable, building insurance, and grounds maintenance. Offered fully furnished this exceptional Lake Cadillac retreat is perfect for year-round living, weekend getaways, or an investment opportunity. Lake views. Private beach. Updated finishes. Resort amenities. Turnkey waterfront living.

1246 Sunnyside Drive, Cadillac
101 Martina Street, Cadillac
$165,000
3 Beds ⋅ 1 Baths ⋅ 50223052 MLS ⋅ ACTIVE Status
Welcome to 101 Martina Street! This Cadillac home offers a fresh, updated interior with a modern look and plenty of natural light. The spacious living area features wood-look flooring, recessed lighting, crisp white trim, and stylish accent walls that give the home a clean, contemporary feel. A large picture window fills the space with sunlight, while warm wood accents add character and charm. Situated on approximately 0.44 acres, there is plenty of outdoor space to enjoy while still being conveniently located near everything Cadillac has to offer. Whether you are searching for your first home, looking to downsize, or adding another property to your portfolio, 101 Martina offers an affordable opportunity with many interior updates already completed. Schedule your showing today!

101 Martina Street, Cadillac
122 Davidsen Shrs Drive, Cadillac
$399,900
2 Beds ⋅ 2 Baths ⋅ 26051236 MLS ⋅ ACTIVE Status
Rare opportunity to own a truly unique, one-owner residence in the highly desirable Davidsen Shores Condominium community on Lake Cadillac. Thoughtfully designed and custom built for the original owner, this exceptional offering reflects a vision centered around family, friendship, and creating a gathering place for generations to enjoy. Situated on approximately 6 wooded acres tucked away from the main road, Davidsen Shores offers a peaceful, private setting where mature trees, quiet surroundings, and beautifully maintained grounds create a true Northern Michigan retreat. Inside, you'll find bright, welcoming living spaces, large windows that bring in natural light, and a floor plan designed to maximize comfort and enjoyment of the peaceful surroundings. Whether you're seeking a year-round residence, seasonal getaway, or an investment opportunity, this one-of-a-kind offering delivers flexibility

122 Davidsen Shrs Drive, Cadillac
709 Linden Street, Cadillac
$225,000
3 Beds ⋅ 2 Baths ⋅ 1950947 MLS ⋅ ACTIVE Status
Quality built 2003 Dan Woodcock ranch offering comfortable one level living in a convenient Cadillac location! This 3 bedroom, 2 full bath home features a practical floor plan, including a recently updated bath with a low threshold shower for easier accessibility. One of the standout features of this property is the exceptional garage and storage space, with both an attached 2 car garage and a second detached 2 car garage perfect for additional vehicles, recreational equipment, hobbies, or extra storage. Located close to area schools, shopping, and the many amenities of Cadillac, with beautiful Lake Cadillac just a short distance away. This is a well loved and lived in home, and the seller appreciates buyers looking beyond the day to day belongings during showings to see the quality, space, and potential this property has to offer. With a desirable ranch style layout, four garage spaces, and a convenient location, this home has a lot to offer its next owner.

709 Linden Street, Cadillac
127 Blossom Avenue, Cadillac
$334,900
3 Beds ⋅ 1 Baths ⋅ 1950920 MLS ⋅ ACTIVE Status
Welcome to 127 Blossom Avenue! This spacious 3-bedroom, 2.5-bath home offers over 2,000 finished sq ft on a generous .65-acre corner lot conveniently located in the Floral Acres neighborhood. The main floor features a spacious, flexible living space that could accommodate an office or more formal dining area, a gas fireplace, along with new appliances in the kitchen with island. Upper level has a primary bedroom en-suite with walk-in closet, another 3/4 shared bath, and two additional generously-sized bedrooms. Basement level accessible in the garage has almost 300 additional sq ft for an exercise area, game room, or added storage. Entertaining space is extensive outdoors! Enjoy watching the snow fall in the four-season living area with warmth provided by a wood stove. In warmer months there’s a large deck and brick paver patio with natural gas fireplace, and all wired for an outdoor movie space! There’s also a 30x14 steel shed with multiple doors for tools, toys and extra storage space. Recent updates include new main-level flooring and paint, new appliances, new water heater and updated 200-amp electrical panel in 2024, and added pantry storage. PFAS water test in 2025 was very clean and came back non-detect for all 55 PFAS. Comfortably located just minutes from downtown, near schools, shopping, the YMCA, and area amenities.

127 Blossom Avenue, Cadillac
6890 E 46 Road, Cadillac
$170,000
3 Beds ⋅ 2 Baths ⋅ 26050791 MLS ⋅ ACTIVE Status
Just three miles from Cadillac in Clam Lake Township, this 1997 Holly Park single-wide offers three bedrooms, two baths, and a detached two-car garage on 10 peaceful acres. A newly painted back deck adds a fresh outdoor space to enjoy the surrounding wild life and country views. It's that sweet spot of privacy and convenience. The White Pine biking and hiking trail is just 300 yards from the driveway, making the trail very accessible.

6890 E 46 Road, Cadillac
303 Wildwood Drive, Cadillac
$254,900
2 Beds ⋅ 2 Baths ⋅ 1950884 MLS ⋅ ACTIVE Status
This one floor condo is tucked away at the end of the Wildwood condo association. It is virtually traffic free and has ideal views of the pond from all principle rooms. Sit on the back deck of this coveted condo and you have a front row view of the paved walkway and the pond which is spring fed and fountain filled. Boasting two spacious bedrooms, the primary suite has a true walk through closet area with two closets, and a full bathroom The second bedroom/office/den is adjacent to a second bathroom. The unit itself has an open floor plan, with the kitchen overlooking the dining and living room area. The laundry room area is off the kitchen and leads to a massive 2+ car attached garage. The garage has an abundance of built in storage cabinetry. This community is steps away from Lake Cadillac. Wonderful unit, wonderful community and is located in the heart of Cadillac's Lake District.

303 Wildwood Drive, Cadillac
9236 S Mackinaw Trail, Cadillac
$349,900
1950863 MLS ⋅ ACTIVE Status
THREE UNITS. Endless possibilities! This unique property offers the best of both worlds--comfortable primary living in the main home plus two additional cabins currently generating rental income. The main home features 3 bedrooms(1 being the loft space), 1 large bathroom, high ceilings, and has been attractively renovated over the past five years, blending character with modern updates. The TWO ADDITIONAL CABINS provide excellent flexibility for rental income, guest accommodations, or additional personal space. Whether you're looking for a property with income potential, a unique place to call home, or a little of both, this one offers plenty of options. Conveniently located with easy access to US-131, downtown Cadillac, and all the area has to offer, including nearby lakes and recreational activities. A rare opportunity to own a property that can work for you in more ways than one!

9236 S Mackinaw Trail, Cadillac
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