Lima Homes under $500,000

Lima Homes under $500,000

Welcome to Lima, Wisconsin—a charming small town that embodies the spirit of Midwest living. Nestled in the heart of Rock County, Lima offers a serene escape from the hustle and bustle of city life while still providing convenient access to nearby urban amenities. With its picturesque landscapes, friendly community, and rich agricultural heritage, Lima is an ideal place for families, retirees, and anyone looking to embrace a slower pace of life.

One of the most appealing aspects of Lima is its affordability. Here, you can find beautiful homes under $500,000, making it an excellent option for first-time homebuyers or those seeking a peaceful retreat without breaking the bank. The local real estate market features a variety of charming properties, from cozy single-family homes to spacious ranch-style houses, all set against the backdrop of lush greenery and rolling hills.

Residents of Lima enjoy a close-knit community with plenty of opportunities for outdoor activities. Explore the nearby parks, take a leisurely stroll along scenic trails, or enjoy a day of fishing at one of the local lakes. The town also hosts seasonal events and farmers' markets, allowing residents to connect and celebrate the vibrant local culture.

In Lima, you’ll experience the warmth of small-town living without sacrificing modern conveniences. With easy access to shopping, dining, and recreational facilities in nearby cities, Lima truly offers the best of both worlds. Discover your dream home in this delightful Wisconsin town, where affordability meets community charm!

Newest Lima Homes under $500,000

W2550 County Road R, Lima
$400,000
5 Beds ⋅ 2 Baths ⋅ ACTIVE Status
A rare find in Pepin County ? a beautifully kept off-grid home with the flexibility to go electric whenever you're ready. This move-in-ready farmhouse offers self-sufficient living, powered by solar with LP gas, and served by its own private well and septic system. Per Pepin County records, the septic is rated for a 3-bedroom home. As a thoughtful bonus for future flexibility, electrical wiring was run behind the walls during construction (visible in the photo showing the canning jars), giving buyers the option to convert to full electric service down the road with far less hassle. From the moment you pull up the drive, you'll notice the neat, cared-for feel of this property, set against some of the most breathtaking countryside views around. Inside, you'll find a bright, spacious kitchen with abundant cabinetry, a comfortable living area centered around a wood stove for cozy winter evenings, and a large, open lower level offering excellent storage or workshop potential. A large covered porch on the east side of the home, perfect for taking in sunrises over the fields, enjoying a meal on fall evening or relaxing after a day's work. Outside, the property is partially fenced and ready for livestock, with a pole shed (32x40) featuring built-in stalls and storage for hay, equipment, and tack ? ideal for horses, cattle, or a hobby farm. An additional outbuilding provides even more versatile storage or workshop space. Whether you're seeking a traditional off-grid homestead or a farm you can grow into with modern utilities, this property offers rare flexibility in a stunning rural setting. Properties like this don't come along often ? schedule your showing today! Seller plans on finishing the 2 bedrooms on upper level walls before closing.

W2550 County Road R, Lima

Listing courtesy of Epique Realty.

W2550 County Road R, Lima
$400,000
5 Beds ⋅ 2 Baths ⋅ ACTIVE Status
A rare find in Pepin County ? a beautifully kept off-grid home with the flexibility to go electric whenever you're ready. This move-in-ready farmhouse offers self-sufficient living, powered by solar with LP gas, and served by its own private well and septic system. Per Pepin County records, the septic is rated for a 3-bedroom home. As a thoughtful bonus for future flexibility, electrical wiring was run behind the walls during construction (visible in the photo showing the canning jars), giving buyers the option to convert to full electric service down the road with far less hassle. From the moment you pull up the drive, you'll notice the neat, cared-for feel of this property, set against some of the most breathtaking countryside views around. Inside, you'll find a bright, spacious kitchen with abundant cabinetry, a comfortable living area centered around a wood stove for cozy winter evenings, and a large, open lower level offering excellent storage or workshop potential. A large covered porch on the east side of the home, perfect for taking in sunrises over the fields, enjoying a meal on fall evening or relaxing after a day's work. Outside, the property is partially fenced and ready for livestock, with a pole shed (32x40) featuring built-in stalls and storage for hay, equipment, and tack ? ideal for horses, cattle, or a hobby farm. An additional outbuilding provides even more versatile storage or workshop space. Whether you're seeking a traditional off-grid homestead or a farm you can grow into with modern utilities, this property offers rare flexibility in a stunning rural setting. Properties like this don't come along often ? schedule your showing today! Seller plans on finishing the 2 bedrooms on upper level walls before closing.

W2550 County Road R, Lima

Listing courtesy of EPIQUE Realty.

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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.