Lincoln Homes under $500,000

Lincoln Homes under $500,000

Welcome to Lincoln, Rhode Island—a charming town nestled in the heart of Providence County, where community spirit and natural beauty come together to create an inviting atmosphere for families and individuals alike. Known for its picturesque landscapes, Lincoln offers a harmonious blend of suburban tranquility and easy access to urban amenities, making it a perfect place to call home.

One of the most appealing aspects of Lincoln is its diverse range of housing options, particularly for those seeking homes under $500,000. Here, you can find a variety of charming single-family homes, cozy townhouses, and even spacious condominiums, all within a budget-friendly price range. Whether you're a first-time homebuyer or looking to downsize, Lincoln boasts properties that cater to various lifestyles and preferences.

The town is rich in recreational opportunities, with numerous parks, walking trails, and outdoor spaces that invite residents to enjoy the great outdoors. The Blackstone River Greenway, for instance, offers scenic views and a perfect backdrop for biking, jogging, or leisurely strolls. Additionally, Lincoln’s strong sense of community is evident through its local events, farmers' markets, and vibrant neighborhoods, fostering connections among residents.

With its excellent schools, convenient shopping options, and proximity to downtown Providence, Lincoln is not only a beautiful place to live but also a smart investment for your future. Explore the wonderful homes available for under $500,000 in Lincoln, and discover the perfect backdrop for your next chapter!

Newest Lincoln Homes under $500,000

119 Main Street Unit 2, Lincoln
$349,900
2 Beds ⋅ 1 Baths
Welcome to 119 Main Street, Unit 2, in the Albion section of Lincoln! This beautifully updated 2-bedroom, 1-bath condo offers a unique blend of modern style, privacy, and a single-family-home feel. Situated on the second floor, this unit features its own private entrance, in-unit laundry, and an open-concept kitchen and living area filled with natural light from oversized windows. A sliding glass door leads to your own private rear deck, perfect for enjoying your morning coffee or unwinding at the end of the day. One of the standout features is the extra-large parking area, with parking available in both the front and rear of the building, making off-street parking convenient and accessible. With only two units in the entire building and a self-managed HOA shared by the two owners, you'll enjoy a more intimate living experience with added privacy and independence. The current HOA arrangement also allows for all pets, offering added flexibility for pet owners. Fully updated and thoughtfully laid out, this is a rare opportunity to enjoy the convenience of condo ownership with the feel of a single-family home. Don't miss your chance to make this distinctive Albion condo your own!

119 Main Street Unit 2, Lincoln

Listing courtesy of HERE Realty. Contact:

117 JOHN Street 122 Unit 36, Lincoln
$149,900
2 Beds ⋅ 1 Baths
Condominium has hardwood floor living room dinning room kitchen one bath and two bedrooms.

117 JOHN Street 122 Unit 36, Lincoln

Listing courtesy of Home Island Realty, LLC. Contact:

196 Old River Road Unit 112, Lincoln
$259,900
2 Beds ⋅ 1 Baths
Welcome to Kirkbrae Glen in Lincoln! This two-bedroom, one-bath condominium features an open floor plan, spacious rooms for entertaining, and access to a private deck overlooking a lovely yard. Large bedrooms offer generous closet space, complemented by a roomy bathroom, additional storage, and a community laundry room. Ample cabinet space, an adjoining dining area, and sliding doors to a screened-in porch add convenience and space to relax or entertain. The oversized living room accommodates gatherings, while gas heat and central air provide year-round comfort. Community amenities include a clubhouse with a small exercise room, space for private events, and an in-ground pool for summer enjoyment. don't miss this ownership opportunity.

196 Old River Road Unit 112, Lincoln

Listing courtesy of REMAX Revolution. Contact:

1445 Old Louisquisset Pike Unit 10A, Lincoln
$314,900
3 Beds ⋅ 2 Baths
Celebrate the upcoming holidays in your brand new condo with IMMEDIATE OCCUPANCY! LAST UNIT REMAINING. NO MONEY DOWN TO QUALIFIED BUYER! New construction Duplex Townhouse style units in desirable Lincoln, RI. Each unit has 1,280 sq.ft. of living area with 3 Bedrooms and 1.5 Baths. Granite Kitchens. Water and Sewer included in the low $270/Mo. HOA fee. 2 Year Warranty. Energy saving Heat/AC/Hot Water. Buyers must meet RI Housing 100% AMI affordability and income restriction criteria to qualify for the purchase. Top Notch Lincoln School System. 7 Minutes to Downtown Providence. RIPTA Bus route. Late November 2026 occupancy. ATTENTION AGENTS: PLEASE READ THE SHOWING INSTRUCTIONS PRIOR TO SETTING UP A SHOWING.

1445 Old Louisquisset Pike Unit 10A, Lincoln

Listing courtesy of Paul Vanasse and Associates RE. Contact:

27 Hidden Valley Lane, Lincoln
$494,900
3 Beds ⋅ 2 Baths
Welcome Home! Nestled on a quiet cul-de-sac, this beautiful colonial offers 3 spacious bedrooms with 2 full baths. Open floor plan and finished lower level with roughed in plumbing for a 3rd bathroom. Tons of updates / upgrades throughout including newer roof, updated windows, heat and hardwoods throughout. Close to all amenities and Blackstone River Bikeway.

27 Hidden Valley Lane, Lincoln

Listing courtesy of eXp Realty LLC. Contact:

2 Main Street Unit 4, Lincoln
$239,000
2 Beds ⋅ 1 Baths
Why rent when you can own your own home and start to build equity today? Move right in to this freshly painted, low maintenance, one level condo located between Kirkbrae Country Club and the Blackstone Valley Bike Path. This open concept condo has all new stainless appliances and is surprisingly light and bright for a lower level unit. Owners will appreciate the low taxes, thanks to Lincoln's 35% Homestead exemption for owner occupants, as well as the reasonable HOA fee which even includes heat and hot water! Commuters will love the easy access to Routes 295 and 146, and everyone can enjoy the nearby shopping, dining and recreational opportunities nearby. GPS location is 2 Main St, Albion 02802, around the rotary by the Albion Post Office.

2 Main Street Unit 4, Lincoln

Listing courtesy of Coldwell Banker Coastal Homes. Contact:

5 Wake Robin Road Unit 2202, Lincoln
$355,000
2 Beds ⋅ 2 Baths
THE OPEN HOUSE IS CANCELED DUE TO AN EMERGENCY. PLEASE REACH OUT TO THE LISTING AGENT TO SCHEDULE A SHOWING. Welcome to Wake Robin Manton Pond Condominiums! This 2-bedroom, 1.5-bath townhouse offers a wonderful opportunity to create a home that reflects your own style. The inviting living area features a fireplace, while the private deck provides a great spot to enjoy your morning coffee or unwind at the end of the day. A finished basement offers valuable additional living space, and the attached garage adds everyday convenience. While the unit would benefit from some cosmetic updates, it presents an exciting opportunity to add your personal touches and build equity. Conveniently located near shopping, restaurants, and everyday essentials, with Routes 146 and 295 nearby for commuting to Providence and surrounding areas. Whether you're a first-time buyer, looking to downsize, or searching for an opportunity to make a space your own, this townhouse is full of potential! This is an estate sale and is subject to lender approval and Probate Court approval.

5 Wake Robin Road Unit 2202, Lincoln

Listing courtesy of Keller Williams Leading Edge. Contact:

357 Old River Road, Lincoln
$419,900
3 Beds ⋅ 1 Baths
Welcome to this beautifully maintained 3-bedroom, 1-bath home in desirable Lincoln, RI! Lovingly cared for by the same owner for over 40 years, this charming home offers approximately 1,400 sq. ft. of comfortable living space and endless potential. Situated on a beautifully landscaped 9,000 sq. ft. corner lot, the property features a one-car garage and a spacious basement with possibilities for additional living space. Recent improvements include a brand-new oil tank and mini-split heating and cooling system installed approximately four years ago. BONUS: 100% OWNED SOLAR PANELS NO LEASE OR LOAN TO ASSUME! Average electric bill is just $134 per month over the past 24 months! Move-in ready with plenty of opportunities to make it your own. Don't miss your chance to call this wonderful property home. Schedule your private showing today!

357 Old River Road, Lincoln

Listing courtesy of REMAX Revolution. Contact:

2 Main Street Unit 18, Lincoln
$249,900
2 Beds ⋅ 1 Baths
Welcome to Unit 18 at 2 Main St in the historic Albion neighborhood of Lincoln. This bright and well-maintained 2-bedroom, 1-bath condo offers 1,018 sq. ft. of comfortable, low-maintenance living with an efficient floor plan and in-unit laundry. Built in 2008, the home features a fully equipped kitchen along with efficient forced-air heating and durable brick exterior construction. Enjoy off-street parking and a professionally managed community, where the HOA fee covers heat, hotwater, exterior maintenance and common area upkeep. Conveniently located near local parks, Blackstone River bike paths, shopping, dining, and major commuter routes, this move-in-ready condo is an ideal opportunity for first-time buyers and downsizers seeking a well-kept property in a desirable Lincoln location. Buyer must meet income limitations based on their household size and this home will be subject to a long-term deed restriction which will limit the value of future resales. Subject to buyer receiving approval from the Community Housing Land Trust.

2 Main Street Unit 18, Lincoln

Listing courtesy of Coldwell Banker Realty. Contact:

2 School Street Unit 325, Lincoln
$390,000
2 Beds ⋅ 2 Baths
Impeccable 2 bedroom condo located on the 3rd floor of the main building at Highland Falls. Convenient parking is located right outside the main entrance. Numerous updates between 2019-2026 include HVAC and Water Heater 2024, kitchen appliances; stove/range, refrigerator, dishwasher, cabinets, flooring and entire unit painted - 2019; garbage disposal - 2024; kitchen backsplash - 2025; 2 commodes 2020. There are beautiful room darkening electronic shades on all windows. This is an absolutely stunning unit that must be seen. The complex offers an assigned private storage space. The library and gym are in the building and a quaint outdoor common grilling area with patio furniture on the complex. The Blackstone River flows by the back of the building. Get your kayak and enjoy. Got a bike; the bike path is at your fingertips. This is a premium location to enjoy all the outdoor amenities Highland Falls has to offer.

2 School Street Unit 325, Lincoln

Listing courtesy of REMAX Revolution. Contact:

1445 Old Louisquisset Pike Unit 7B, Lincoln
$278,500
3 Beds ⋅ 2 Baths
NO MONEY DOWN TO QUALIFIED BUYER! New construction Duplex Townhouse style units in desirable Lincoln, RI. Each unit has 1,280 sq.ft. of living area with 3 Bedrooms and 1.5 Baths. Granite Kitchens. Water and Sewer included in the low $270/Mo. HOA fee. 2 Year Warranty. Energy saving Heat/AC/Hot Water. Buyers must meet RI Housing 80% AMI affordability and income restriction criteria to qualify for the purchase. Top Notch Lincoln School System. 7 Minutes to Downtown Providence. RIPTA Bus route. Late October 2026 occupancy. ATTENTION AGENTS: PLEASE READ THE SHOWING INSTRUCTIONS PRIOR TO SETTING UP A SHOWING.

1445 Old Louisquisset Pike Unit 7B, Lincoln

Listing courtesy of Paul Vanasse and Associates RE. Contact:

15 River Road, Lincoln
$499,000
3 Beds ⋅ 2 Baths
Completely Renovated & Beautifully Reimagined! This exceptional Lincoln home has been totally remodeled throughout in 2026, offering a fresh, modern floor plan and truly move-in-ready condition. Walls were opened to create a bright, spacious open-concept living area, complemented by new flooring, new windows, and beautifully updated finishes throughout. The stunning new kitchen features modern cabinetry, countertops, and fixtures and flows seamlessly into the main living and dining areas.The first floor now offers a brand-new primary bedroom suite with a gorgeous new full bathroom, along with a completely renovated second full bathroom. The former sunroom has been transformed into 208 additional square feet of fully heated and air-conditioned living space, creating an ideal family room, office, or additional gathering area. The lower level is nicely finished, providing valuable additional living space. Upstairs, two bedrooms have been refreshed with new flooring and paint. Additional improvements include a new overhead garage door and new windows everywhere. With extensive renovations completed throughout, this home combines modern style, thoughtful design, and functionality in a desirable Lincoln location. Nothing to do but move in and enjoy! Floor plans are attached.

15 River Road, Lincoln

Listing courtesy of Residential Properties Ltd.. Contact:

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