Arena Homes under $500,000

Arena Homes under $500,000

Welcome to Arena, Wisconsin – a hidden gem nestled in the heart of Iowa County! This charming village is the perfect blend of small-town warmth and natural beauty, making it an ideal place for families, retirees, and anyone looking to escape the hustle and bustle of city life. With a population of just over 800 residents, Arena offers a close-knit community feel where neighbors become friends and every corner has a story to tell.

Surrounded by breathtaking landscapes, including lush parks and serene waterways, Arena is a haven for outdoor enthusiasts. Enjoy hiking, fishing, and picnicking at nearby parks, or take a leisurely stroll through the quaint downtown area, where local shops and eateries invite you to explore. The village is also conveniently located just a short drive from larger towns like Dodgeville and Spring Green, providing easy access to additional amenities and attractions.

For those considering a move to this picturesque locale, you’ll be delighted to find a range of beautiful homes available for under $500,000. Whether you’re searching for a cozy cottage, a spacious family home, or a charming bungalow, Arena has something to suit every taste and budget. With its affordable real estate options, you can enjoy the benefits of homeownership without breaking the bank.

Embrace the tranquility and charm of Arena, Wisconsin, where community spirit thrives and every day feels like a breath of fresh air. Discover your dream home in this delightful village and experience the warmth of small-town living today!

Newest Arena Homes under $500,000

100 Thomas Place, Arena
$489,900
ACTIVE Status
Gain double the equity with half the costs! This duplex offers a great opportunity to owner-occupy while building your investment property portfolio. The vacant side has been fully renovated and is ready to move into, with all new flooring, a completely new kitchen including cabinets, countertops and appliances, fresh paint throughout, new central air, updated light fixtures, new window coverings and more. Both sides have benefited from major updates, including roofs and furnaces replaced in 2017 and new water heaters in 2026. The occupied side offers a similar layout and is in good overall condition, but retains its original cabinetry and light fixtures, giving a future owner the opportunity to update over time and potentially add additional value. Live in the renovated side while your tenant helps offset the mortgage, or add the property to your investment portfolio with one unit already occupied and the other ready for a new tenant.

100 Thomas Place, Arena

Listing courtesy of Great Rock Realty LLC.

6160 Helena Road, Arena
$285,000
3 Beds ⋅ 2 Baths ⋅ ACTIVE Status
Show 9/25. Updated ranch on a .6-acre rural lot on a quiet street surrounded by nature! Inside, the kitchen is a highlight with abundant cabinet & counter space, painted cabinetry, tile flooring & backsplash, gas cooktop with range hood and dining area just off the kitchen. This 3 bed, 2 bath home has seen an extensive refresh in 2026 including interior paint, carpet & vinyl flooring, trim, wainscoting and interior & closet doors. The main level also features a large living room, laundry and primary bed with private bath & double vanity. Full basement offers storage & future potential. Outside, enjoy a spacious yard with room to garden, play, entertain or watch local wildlife, plus a storage shed & carport. Outdoor lovers will appreciate nearby fishing, hunting, kayaking & canoeing, Arena Pines & Sand Barrens State Natural Area and Wisconsin River access. Enjoy quiet country living with easy access to Arena, Spring Green & Hwy 14, plus local favorites Peck's Farm Market & Arena Cheese.

6160 Helena Road, Arena

Listing courtesy of Stark Company, REALTORS.

6932 E Sawle Road, Arena
$499,900
3 Beds ⋅ 2 Baths ⋅ ACTIVE Status
Very well maintained ranch style home with many updates with walkout finished lower level located on low traffic quiet town road. Totally finished lower level with second kitchen, family room, bath and bedroom. Gas fireplace in family room. Patio doors out to pressed concrete patio. Large deck with great country views. Located only minutes from Madison west side.

6932 E Sawle Road, Arena

Listing courtesy of Harrop Realty.

802A Sharon Street, Arena
$324,900
3 Beds ⋅ 2 Baths ⋅ ACTIVE Status
NEW CONSTRUCTION WITHOUT THE TYPICAL NEW-CONSTRUCTION PRICE TAG! Brand-new construction in Arena, WI offering easy, single-level living with modern finishes and low-maintenance design! This zero lot line/side-by-side home built as its own independent home, no mechanicals and no HOA or condo fees. Enjoy LVP flooring throughout, a bright open layout, NEW stainless steel appliances, washer & dryer, Primary bath walk-in shower with glass doors, lighted bathroom mirrors and an oversized attached 1-car garage. Step outside to your back porch and enjoy having your own outdoor space with room for a small garden, flowers or simply relaxing?without the upkeep of a large property. Everything is new and ready for its first owner! Convenient Arena, WI location approximately 10 miles from Spring Green, 20 miles from Mount Horeb and 30 miles from Madison?combining small-town living with easy access to shopping, dining, recreation and employment.

802A Sharon Street, Arena

Listing courtesy of REMAX RealPros.

802B Sharon Street, Arena
$324,900
3 Beds ⋅ 2 Baths ⋅ ACTIVE Status
NEW CONSTRUCTION WITHOUT THE TYPICAL NEW-CONSTRUCTION PRICE TAG! Brand-new construction in Arena, WI offering easy, single-level living with modern finishes and low-maintenance design! This zero lot line/side-by-side home built as its own independent home, no mechanicals and no HOA or condo fees. Enjoy LVP flooring throughout, a bright open layout, NEW stainless steel appliances, washer & dryer, Primary bath walk-in shower with glass doors, lighted bathroom mirrors and an oversized attached 1-car garage. Step outside to your back porch and enjoy having your own outdoor space with room for a small garden, flowers or simply relaxing?without the upkeep of a large property. Everything is new and ready for its first owner! Convenient Arena, WI location approximately 10 miles from Spring Green, 20 miles from Mount Horeb and 30 miles from Madison?combining small-town living with easy access to shopping, dining, recreation and employment.

802B Sharon Street, Arena

Listing courtesy of REMAX RealPros.

7096 County Road H, Arena
$235,000
2 Beds ⋅ 1 Baths ⋅ ACTIVE Status
Nestled on 1.5 wooded acres, this 2-bedroom, 1-bath home offers a peaceful setting with mature trees and plenty of space to enjoy the outdoors. Inside, you'll find a functional layout, along with recent updates that include a new roof over the garage and a new bathroom vanity. The homeowner is also including a UHP Ultimate Home Warranty for 13 months after closing. Whether you're looking for privacy, room to spread out, or a property with a natural setting, this home offers a great opportunity to make it your own.

7096 County Road H, Arena

Listing courtesy of Century 21 Affiliated.

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Copyright 2026 WIREX Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable, but not guaranteed. Information is supplied by seller and other third parties and has not been verified.

Copyright 2026 WIREX Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable, but not guaranteed. Information is supplied by seller and other third parties and has not been verified.