13 days on market
$309,990
107 Margaret Reid Pw
Suffolk, Virginia 23434
MLS# 10635542 · REIDS PLACE · Suffolk VA
Updated 2 days ago · Source: REIN MLS
Est. payment
$1,941/mo
Edit below
Price / sq ft
$242
1,280 sq ft
Days on market
13
New listing
HOA
None
Year built
2026
0 yrs old
Beds
3
Full Baths
2
Half Baths
1
Sq Ft
1,280
Garage
No
About this home
Quick Move-In Home available for a June Delivery! Modern Open Concept and an abundance of natural light make the Beethoven a townhome that feels like a single-family home. Entering in through the living room, flowing into the kitchen, with included 7ft island, provides plenty of room for cooking and entertaining plus optional powder room. Upstairs are two additional bedrooms, a hall bath with shower/tub combination,…
Listed by Jenny Lovell · BHHS RW Towne Realty
VaHome Team property overview
107 Margaret Reid Parkway is a brand-new 2026-built townhome-style residence in Suffolk, Virginia, offering 1,280 square feet, three bedrooms, and two and a half baths — just four minutes from Joint Staff J7 Suffolk and steps from everyday conveniences.
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Why this home stands out
Built in 2026, this property delivers the kind of clean slate that older homes simply can't match — fresh systems, modern finishes, and no deferred maintenance to inherit. At 1,280 square feet across three bedrooms and two and a half baths, the layout is efficient without feeling cramped. Add a four-minute drive to Joint Staff J7 Suffolk and you have a combination of newness and location that's genuinely hard to find in this price range.
REIDS PLACE and the Suffolk real estate market
107 Margaret Reid Parkway sits in Suffolk, Virginia — one of the fastest-growing cities in Hampton Roads and the largest city by land area in the entire state. Suffolk has shed its small-town-only identity over the past decade, adding retail corridors, dining options, and infrastructure while holding onto the breathing room and lower density that draws people here in the first place. The surrounding area along this stretch feels practical and accessible: you're close to daily errands, outdoor recreation, and major commute routes without the congestion of Virginia Beach or Norfolk. Suffolk's position at the western edge of Hampton Roads also means you're a reasonable drive from multiple military installations, making it a natural fit for service members and their families. Whether you're planting roots for the long haul or settling in for a tour of duty, this city rewards people who want space, value, and a community that's still writing its next chapter.
What's nearby
Daily life is genuinely low-effort from this address. Food Lion is just 0.3 miles away for grocery runs, and Hong Kong restaurant is practically around the corner at 0.2 miles when you'd rather skip cooking. Royal Farms at 0.8 miles covers both a quick bite and your morning coffee. When it's time to move your body, Body Tone Fitness Center is 0.7 miles out and Triple T Sports Center is under a mile. Outdoor options are equally close — the Suffolk Seaboard Trail's Suburban Drive Trailhead is 0.3 miles away, JFK Athletic Complex is 0.5 miles, and Cypress Park rounds things out at 0.8 miles.
For different buyers
For military families relocating
Joint Staff J7 Suffolk is a four-minute drive from your front door — that's about as close as it gets without living on base. NSA Northwest Annex is reachable in roughly 31 minutes. A VA loan pairs naturally with a 2026 build since there are no deferred-maintenance surprises to negotiate around, and Suffolk's cost of living gives your BAH room to breathe.
For first-time buyers
A 2026 build means everything is new — appliances, systems, finishes — so your first years of ownership won't be defined by repair bills. Three bedrooms and two and a half baths give you room to grow, and the walkable access to Food Lion, parks, and the Seaboard Trail means you can settle into a real daily rhythm from day one in Suffolk.
Frequently asked questions
How far is 107 Margaret Reid Parkway from Joint Staff J7 Suffolk?
Joint Staff J7 Suffolk is approximately four minutes away by car, making this one of the closest residential options to that installation in the area.
What year was 107 Margaret Reid Parkway built?
The property was built in 2026, meaning it is a brand-new construction with modern systems and finishes throughout.
Is 107 Margaret Reid Parkway in a flood zone?
Flood zone designation for this address is detailed in the FloodRisk tile on this page, which pulls current FEMA map data for the specific parcel.
Where are the nearest grocery stores to 107 Margaret Reid Parkway?
Food Lion is the closest at 0.3 miles, with Dollar General available at 0.9 miles for everyday household staples.
Are there parks or trails within walking distance of 107 Margaret Reid Parkway?
Yes — the Suffolk Seaboard Trail's Suburban Drive Trailhead is just 0.3 miles away, JFK Athletic Complex is 0.5 miles, and Cypress Park is under a mile from the front door.
Tom and Dariya Milan at LPT Realty know Suffolk inside and out — reach out today to get every question about 107 Margaret Reid Parkway answered.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
3
Full Baths
2
Half Baths
1
Approx Sq Ft
1,280
Stories
2
Fireplaces
0
Flooring
Carpet, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Energy Star Appliance(s), Microwave, Elec Range, Refrigerator, Washer
Sale & Tax History
List Price
$309,990
Price / Sq Ft
$242
Annual Taxes
$2,900
Monthly Tax
$242
HOA
None
Tax Rate (effective)
0.94%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 26, 2026 | $309,990 | — |
| Currently listed | — | $309,990 | — |
Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:
Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.
Comparable Properties
Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.
About buying in Suffolk
Homes for sale in Suffolk, VA represent some of the best new-construction value in Hampton Roads. As Virginia's largest city by land area (430+ square miles), Suffolk offers a mix of brand-new master-planned communities (Driver, Bennett's Creek, North Suffolk in the 23435 ZIP) and historic downtown Suffolk neighborhoods (23434), all at prices typically 15-25% lower than equivalent homes in Virginia Beach or Chesapeake. North Suffolk (23435) is the fastest-growing submarket — its commute time to Norfolk Naval Shipyard and downtown Norfolk via Route 17 makes it a top pick for military and shipyard families. The Driver and Burbage Grant communities feature 4-5 bedroom new construction in the $450K-$700K range. Holland and Southwest Suffolk (23437) and downtown Suffolk (23434) offer more affordable inventory under $350K, with historic Victorian and Craftsman homes available in walkable neighborhoods. Suffolk Public Schools serves the K-12 population, with King's Fork High, Lakeland High, and Nansemond River High as the main high schools. The Suffolk listings below pull live from the REIN MLS and refresh every 5 minutes.
Military Commute
Drive times to nearest basesDrive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.
Estimate your monthly payment
$1,941/moPrincipal & interest
$1,608
Property tax
$242
Home insurance
$90
PMI
None
HOA
None
Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.
Listed by BHHS RW Towne Realty · MLS# 10635542
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$309,990
107 Margaret Reid PW, SUFFOLK VA 23434
Suffolk, Virginia 23434
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