Andover Homes under $500,000

Andover Homes under $500,000

**Discover Andover: A Hidden Gem for Homebuyers**

Nestled in the heart of the Merrimack Valley, Andover, Massachusetts, is a charming town that beautifully blends historical elegance with modern conveniences. Known for its picturesque landscapes, top-rated schools, and vibrant community, Andover offers an ideal setting for families, young professionals, and retirees alike. With its rich history dating back to the 17th century, residents enjoy a quaint New England atmosphere while being just a short drive from the bustling cities of Boston and Lowell.

One of the most appealing aspects of Andover is its diverse real estate market, particularly for homebuyers seeking properties under $500,000. In this thriving community, you can find a variety of homes that cater to different tastes and lifestyles. From cozy single-family homes to charming townhouses, the options are plentiful. Many of these homes feature updated interiors, spacious yards, and easy access to local parks and recreational facilities, making them perfect for families or those looking to settle down.

Living in Andover means enjoying a wealth of amenities, including delightful shops, exquisite dining options, and a strong sense of community. The town is also home to several beautiful parks and nature trails, perfect for outdoor enthusiasts. With its combination of affordability and quality of life, Andover is truly a hidden gem for homebuyers looking to invest in a welcoming community without breaking the bank. Explore your options today and discover the perfect home in this enchanting town!

Newest Andover Homes under $500,000

40 Boston Hill Rd, Andover
$409,900
3 Beds ⋅ 3 Baths ⋅ 5110036 MLS
Set on just over 2 peaceful acres, this beautifully updated 3-bedroom, 3-bath Cape offers the perfect blend of classic country charm and modern comfort. Inside, you’ll find abundant natural light, natural woodwork, and hardwood floors throughout most of the home. The spacious layout provides plenty of room for everyday living and entertaining. The heart of the home is the massive kitchen featuring an abundance of cabinetry, generous counter space and an eat in bar area. There is also plenty of room for a more formal dining area. Full bathroom on the first floor and cozy living room with wood floors and wood ceilings. First floor bedroom also provides convenience. Upstairs, both bedrooms offer vaulted ceilings and exceptional space. The expansive primary suite includes room for a home office or sitting area, a spacious closet, and a full bath; the second upstairs bedroom is equally impressive in size and also features its own full bath. The basement offers valuable additional storage space. Relax on the welcoming front porch or enjoy the cute yard with a designated fire-pit area and plenty of space for gardening, recreation, or play. A storage shed located across the road provides additional storage. Outdoor enthusiasts will appreciate nearby skiing, hiking, hunting, and snowmobile trails, including easy access to the rail trail for hiking, biking, and snowmobiling. All of this comes with the serenity of country living while remaining convenient to shopping, major highways, and everyday amenities. With spacious rooms, character throughout, and many updates already completed, this is a wonderful opportunity to enjoy the charm of a classic Cape with the comfort and improvements you’ve been looking for.

40 Boston Hill Rd, Andover

4 Franklin Hwy, Andover
$499,000
3 Beds ⋅ 2 Baths ⋅ 5101911 MLS
Major Price Reduction! Don’t miss this opportunity to make this property your own. With its newly improved price, now is the perfect time to schedule a showing and see all it has to offer! Custom-built 3-bedroom, 2-bath Ranch Style home has been lovingly maintained by its original owners since 1989. Set back on two acres, the property combines comfortable one-level living with an exceptional outdoor oasis featuring a spacious rear deck with above-ground pool, hot tub, gardens, wooded surroundings, and direct access to the rail trail for all your outdoor adventures! Inside, open concept living and dining spaces connected by unique arched openings that offer warmth, character and charm. French doors extend your living space onto the rear deck, creating an easy flow between the living space and the private backyard retreat. The kitchen is conveniently located beside the attached two-car garage for easy everyday access, and the garage includes a wood stove that makes it a comfortable space for projects and hobbies throughout the year. The floor plan is perfect for entertaining yet keeps all three bedrooms together in a quieter wing of the home. The master bedroom includes an en suite full bath, with a second full bathroom to serve the additional bedrooms and guests. A full walkout basement, currently used as a home gym, provides abundant storage along with excellent potential for future finished living space, workshop, recreation area, or whatever best suits your needs. Outside is where this property truly distinguishes itself with an expansive deck, above-ground pool, hot tub, gazebo, mature landscaping and perennial gardens surround this private backyard designed for both relaxation and entertaining. Direct backyard access to the rail trail adds a rare four-season recreational advantage without ever needing to load up the car! Plus, Highland Lake is just down the road and situated nearby is Mt Kearsarge and Ragged Mt.

4 Franklin Hwy, Andover

405 Bay Rd, Andover
$450,000
2 Beds ⋅ 2 Baths ⋅ 5097126 MLS
Transcend the bustle in this country Cape overlooking The Bay on the Blackwater River in scenic Andover, New Hampshire. Whether you're searching for a peaceful year-round residence or the perfect escape, this inviting home offers the best of New Hampshire's four-season lifestyle. Set on one-half acre, the property offers a country setting with the practical advantage of easy year-round access and no long driveway to plow after a NH snowfall. Wake each morning in the spacious 2nd floor primary bedroom with half-bath and spacious walk-in. Newly refinished 1st level flooring and a 1st floor bedroom offer extra convenience, while a bonus room provides flexibility as a home office, guest room, or hobby space. Step out onto the expansive rear deck for your morning coffee, to entertain or unwind. The walkout basement provides abundant storage for toys and equipment. The dream of NH waterfront living without the tourists: paddle, row, motor and fish the trout-stocked waters from your own shore.. Located five minutes from the village of Andover, home of Proctor Academy, 30 minutes from the State Capitol in Concord, and 50 min from Manchester-Boston Regional Airport. Whether you envision a primary residence on a serene aquatic setting, or a place where weekends become lifelong memories, 405 Bay Road invites you to slow down, reconnect with nature, and experience waterfront living on one of Central New Hampshire's hidden gems. For those seeking a two-dwelling future or extended family retreat, this home’s neighboring 411 Bay Road is also available now at MLS# 530546 . Interior dimensions and lot lines are per town documents and digital measurements. Please conduct your own due diligence.

405 Bay Rd, Andover

8 Meadowlark Ln, Andover
$325,000
3 Beds ⋅ 1 Baths ⋅ 5095342 MLS
Back to the market at no fault of the seller; the buyer's financing was denied before an appraisal. Welcome to this charming home in the heart of Andover, NH, ideally situated within walking distance to the village, the welcoming campus of Proctor Academy, and Andover’s own K-8 school. Offering a wonderful blend of character, comfort, and practicality, this 3-bedroom, 1-bath home is filled with features and thoughtful spaces that make a house truly feel like home. Enjoy cozy evenings by the soapstone woodstove, unwind on the screened-in porch overlooking the grounds, or spend your days tending the garden space and enjoying the beauty of the outdoors. The property offers exceptional storage and workspace opportunities with two attached garage bays, dedicated workshops, and a large detached barn - perfect for hobbies, projects, equipment, or additional creative space. The home’s classic charm and convenient location will allow you to experience all that Andover has to offer, including nearby trails, the Northern Rail Trail, SRK Greenway, ballfields, community events, multiple beaches and swimming holes, skiing, and so much more. *Buyers should note that the kitchen ceiling height is lower than average, adding to the home’s authentic older-home character and unique charm. With warmth, history, and room to make it your own, this special property offers a wonderful opportunity to join the vibrant Andover community.

8 Meadowlark Ln, Andover

Start Your Search

board logoCopyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated .