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CarrolltonFOUNDERS POINTE116 Colonial Way✓ Source: REIN MLS #10644690 · record updated Sep 3, 2026 · synced every 2 min · your inquiry is never resold
116 Colonial WAY, CARROLLTON VA 23314 - Main photo
116 Colonial WAY, CARROLLTON VA 23314 - Photo 2
116 Colonial WAY, CARROLLTON VA 23314 - Photo 3
116 Colonial WAY, CARROLLTON VA 23314 - Photo 4
116 Colonial WAY, CARROLLTON VA 23314 - Photo 5
5beds
3.1baths
3,171sqft
50days on market

116 Colonial Way, Carrollton, VA 23314

ActiveResidential · built 2014 · FOUNDERS POINTE

Facts & features

Type

Residential

Year built

2014

Price / sqft

$229

HOA fee

$120/mo

Taxes

$5,145/yr

County

Isle of Wight County VA

MLS #

10644690

HOA association includes

ClubhouseDockPlaygroundsPool

$120/mo HOA fee · n/a · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
5
Full baths
3
Half baths
1
Approx. sqft
3,171
Stories
2
Flooring
Carpet, Ceramic, Wood
First-floor bed & full bath
Yes
Total rooms
8
Other rooms
1st Floor Primary BR, Breakfast Area, Foyer, PBR with Bath, Porch
Appliances
Dishwasher, Disposal, Dryer, Dryer Hookup, Range, Refrigerator, Washer, Washer Hookup
Equipment
Ceiling Fan

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Crawl
Roof
Composite
Exterior
Fiber Cement
Pool
No Pool

Utilities & systems

Heating
Forced Hot Air, Zoned
Cooling
Central Air, Zoned
Water heater
Gas
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.4700
Subdivision
FOUNDERS POINTE
Zoning
SR
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 1 Car, Oversized Gar, Driveway Spc
Possession
SETTLEMENT
Disclosures
Common Interest Community, Disclosure Statement

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

About this home

Experience refined coastal living in the highly sought-after Founders Pointe community! This custom-built home on .47 acre lot offers 5 spacious bedrooms and thoughtfully designed living spaces that blend comfort with timeless style. The heart of the home features a beautifully appointed kitchen with custom built-in cabinetry and shelving, granite countertops, and a large center island for meal preparation, entertaining, or gathering with family and friends. Retreat to the luxurious primary bath, where a beautifully tiled walk-in shower creates a spa-like escape. Beyond the home, enjoy the exceptional Founders Pointe lifestyle. Residents have access to a lakefront clubhouse and swimming pool overlooking Batten Bay and the James River, along with miles of scenic walking and biking trails, sidewalks throughout the neighborhood, a playground, and sand volleyball court.

Listing courtesy of Ellen Davina Hughes · Iron Valley Real Est Norfolk · REIN MLS #10644690

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

116 Colonial Way is a five-bedroom, three-and-a-half-bath home in Carrollton, Virginia, built in 2014 and stretching across 3,171 square feet. Isle of Wight County living, two military installations within easy reach, and a quiet residential setting make this address genuinely hard to overlook.

Read the full overview ↓

Why this home stands out

What sets 116 Colonial Way apart is the combination of size and relative youth — 3,171 square feet built in 2014 means you get the room of an older colonial without the deferred maintenance that often comes with it. Five bedrooms give every household member breathing room, and the half-bath keeps the main living areas practical for everyday life. It's a layout that grows with you.

FOUNDERS POINTE and the Carrollton real estate market

Carrollton sits in Isle of Wight County on the western bank of the James River, connected to Hampton Roads by the James River Bridge. The area has a distinctly unhurried character — wide lots, mature trees lining residential streets, and neighbors who tend to stay put for years. It's technically rural in feel but suburban in convenience, with the retail corridors of Newport News and Smithfield both reachable in under twenty minutes. Families comparing homes for sale in Carrollton often cite the low-traffic streets and the Isle of Wight County school system as primary draws. The county itself is one of the older jurisdictions in Virginia, and that history shows in the care residents take with the community. Daily life here moves at a pace that's genuinely hard to find this close to a major metro.

What's nearby

Day-to-day errands are easy from Colonial Way. When you want a casual meal without driving far, Bubba-N-Frank's Carrollton is about a mile away — a local favorite for straightforward, satisfying food. Cone Slingers is right there at the same distance when the afternoon calls for something sweet. The James River Bridge puts you in Newport News in minutes, opening up a full range of grocery stores, pharmacies, big-box retailers, and waterfront dining. Smithfield's historic downtown, with its boutique shops and restaurants, is a short drive in the opposite direction.

For different buyers

For military families relocating

NSA Northwest Annex is roughly fifteen minutes from 116 Colonial Way, and NSA Hampton Roads sits about nineteen minutes out — both very manageable for daily commutes. Isle of Wight County's lower property tax rate and quieter streets appeal to military households who want space without the congestion closer to base. A VA loan can make this address even more accessible for eligible service members and veterans.

For families upgrading

Five bedrooms and 3,171 square feet give a growing household room to actually spread out — dedicated space for a home office, a guest room, and still have bedrooms left over. Families weighing homes for sale zoned for Smithfield High School and homes for sale zoned for Carrollton Elementary School will find 116 Colonial Way lands squarely in that attendance area, which is a meaningful factor for many buyers in this part of Isle of Wight County.

More buyer questions

How far is 116 Colonial Way from NSA Northwest Annex?

The drive runs about fifteen minutes under normal traffic conditions, making it a practical daily commute. NSA Hampton Roads is approximately nineteen minutes away, so both installations are well within range.

What county is 116 Colonial Way in?

The property falls within Isle of Wight County, Virginia. Isle of Wight operates its own county services, including utilities and public works, separate from the neighboring city jurisdictions.

Is 116 Colonial Way in a flood zone?

Flood zone designation for this address is displayed in the FloodRisk tile on this page, which pulls current FEMA map data. Your agent can walk you through what that means for insurance purposes.

How big is the lot at 116 Colonial Way?

Lot size details are listed in the property data section of this page. Isle of Wight County parcels in this corridor tend to offer more generous land than comparable addresses closer to the urban core.

Can a VA loan be used to purchase 116 Colonial Way?

Yes — eligible active-duty service members, veterans, and surviving spouses can use a VA loan on a qualifying residential property like this one. The VA loan page on this site covers the basics of eligibility and the process.

Ready to walk through 116 Colonial Way in person? Tom and Dariya Milan at LPT Realty know this part of Isle of Wight County well — reach out and let's set up a showing.

Summary generated by AI from public records and publicly available information.

Homes like this one sell fast — see the next one first

Carrollton$615K – $835K5+ beds

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Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 51093C

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone A

Source: Virginia Dept. of Emergency Management — Know Your Zone

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive 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.

The numbers

Run the real carrying cost

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$4,402/mo

Principal & interest

$3,762

Property tax

$429

Home insurance

$211

PMI

None

HOA/Condo (paid separately)

$120

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. 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.

Value & history

Judge value on real ground

Asking vs. assessment

110% of $658,600

City assessment record · taxes $5,145/yr

Land share of assessed value

26% — $170,000

Improvements $488,600 · assessor record ✓

Price context — similar nearby homes

$649,900$750,000

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

209 Marshall LN · 0.5 mi · 3,180 sqft$720,000 sold 2026-02
1209 Founders Pointe TRL · 0.4 mi · 3,100 sqft$730,000 sold 2026-05
217 Summerhouse LN · 0.5 mi · 3,137 sqft$750,000 sold 2026-07

Own a home nearby? See what it is worth today — What's your Carrollton home worth?

Sale & Tax History

List Price

$725,000

Price / Sq Ft

$229

Annual Taxes

$5,145

Monthly Tax

$429

HOA fee

$120 / mo

Tax Rate (effective)

0.71%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 15, 2026$725,000
Price reducedAug 5, 2026$725,000−$20,000
Currently listed$725,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

10% above assessment

Total Assessed

$658,600

Land

$170,000

Improvement

$488,600

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:

Carrollton Assessor (Google)

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.

Market tempo

50 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Is 116 Colonial Way in a good school zone?+
The assigned zones on the listing record are Carrollton Elementary (VaHome School Score 6.3/10), Smithfield Middle (VaHome School Score 6.1/10), Smithfield (VaHome School Score 5.1/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 116 Colonial Way in a flood zone?+
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Does 116 Colonial Way have an HOA?+
Yes — HOA dues are on record for this property (the current amount is shown in the facts section on this page). The association of record is n/a. Association amenities on record include: Clubhouse, Dock, Playgrounds, Pool.
When was 116 Colonial Way built?+
It was built in 2014, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

Brokered by LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Ellen Davina Hughes · Iron Valley Real Est Norfolk · REIN MLS #10644690

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

116 Colonial Way, Carrollton — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

116 Colonial Way, Carrollton, Virginia 23314 · MLS #10644690 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.