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CarrolltonFOUNDERS POINTE116 Colonial Way✓ Source: REIN MLS #10644690 · record updated Aug 5, 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
$725,000
$229 / sqft · est. $4,522/mo →
5beds
3.1baths
3,171sqft
21days on market

116 Colonial Way, Carrollton, VA 23314

ActiveResidential · built 2014 · FOUNDERS POINTE

About this home

The listing, in the seller's words

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

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

116 Colonial Way is a five-bedroom, 3.1-bath home in Carrollton, Virginia, built in 2014 with 3,171 square feet of living space. It sits in Isle of Wight County, roughly 15 minutes from NSA Northwest Annex and about 19 minutes from NSA Hampton Roads.

Read the full overview ↓

Why this home stands out

With five bedrooms and more than 3,100 square feet, 116 Colonial Way gives growing households genuine room to breathe — a dedicated space for a home office, a guest suite, or a playroom without anyone feeling squeezed. The 2014 construction means you're getting a relatively modern floor plan with current building standards, not a decades-old layout that requires constant updating to feel functional.

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 the Hampton Roads metro via the James River Bridge into Newport News. It occupies a quieter corner of the region — suburban in pace, with a genuine sense of community that distinguishes it from the denser urban cores across the water. Residents here tend to appreciate the lower traffic, the tree-lined streets, and the breathing room that comes with Isle of Wight County living. Colonial Way fits naturally into that character: a residential street where neighbors know each other and the daily rhythm feels unhurried. Despite the calm, you're never far from the broader Hampton Roads network. Groceries, dining, and everyday errands are all within a short drive, and the commute corridors to the Peninsula's major employers and military installations are well-established. If you're searching for Carrollton Virginia homes for sale that balance space, modernity, and a relaxed suburban lifestyle, this address checks those boxes directly.

What's nearby

Day-to-day convenience is close at hand. Bubba-N-Frank's Carrollton, a local favorite for casual dining, is just about a mile away — an easy stop after work or on a weekend afternoon. Cone Slingers, also roughly a mile out, is the kind of neighborhood ice cream spot that quickly becomes a family ritual. Beyond those two, the broader Carrollton commercial corridor along Route 17 puts grocery options, pharmacies, and additional dining within a short drive. The James River Bridge connects you to Newport News and the wider Peninsula in minutes, keeping the full range of Hampton Roads amenities genuinely accessible.

For different buyers

For military families relocating

NSA Northwest Annex is about 15 minutes from 116 Colonial Way, and NSA Hampton Roads is roughly 19 minutes out — both well within a practical daily commute. Isle of Wight County's location also puts Joint Base Langley-Eustis within reasonable reach via the James River Bridge. Military buyers using a VA loan will find that five bedrooms and 3,171 square feet go a long way toward accommodating a larger household or frequent PCS guests.

For families upgrading

If your current home has simply run out of room, 116 Colonial Way answers that directly. Five bedrooms across 3,171 square feet means everyone gets their own space — and there's still room left over for a dedicated office or hobby room. Built in 2014, the home carries the layout sensibilities of modern construction: open common areas, ample storage, and a floor plan that actually matches how families live today.

More buyer questions

How far is 116 Colonial Way from NSA Northwest Annex?

NSA Northwest Annex is approximately 15 minutes from 116 Colonial Way under typical traffic conditions. The route via Route 17 is straightforward and avoids most of the congestion found in denser parts of Hampton Roads.

How far is 116 Colonial Way from NSA Hampton Roads?

NSA Hampton Roads is roughly 19 minutes away, making it a very manageable daily commute from Carrollton. The James River Bridge corridor connects Isle of Wight County to the broader Peninsula efficiently.

What county is 116 Colonial Way in?

116 Colonial Way is located in Isle of Wight County, Virginia. The county has its own tax structure, zoning rules, and services separate from the City of Suffolk or Newport News, which matters for property taxes and local governance.

Is there an HOA at 116 Colonial Way?

HOA status for this address should be confirmed directly through current property disclosures or a title search, as community association details can change over time.

Does 116 Colonial Way fall in a flood zone?

Flood zone designation for any specific parcel in Isle of Wight County can be verified through FEMA's official flood map service or by requesting a flood zone determination during the purchase process — it's a standard step your agent and lender will walk you through.

Curious whether 116 Colonial Way fits your timeline and goals? Tom and Dariya Milan at LPT Realty know this corner of Isle of Wight County well — reach out and let's talk through it.

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

Schools

  • ElementaryCarrollton Elementary
  • MiddleSmithfield Middle
  • HighSmithfield

Info provided by GreatSchools

Facts & features

The record, sourced

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
No
Parking
Driveway Spc
Possession
SETTLEMENT
Disclosures
Common Interest Community, Disclosure Statement

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

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 ✓

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$645,000$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

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

21 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

Real questions, answered from the record

Is 116 Colonial Way in a good school zone?+
The assigned zones on the listing record are Carrollton Elementary, Smithfield Middle, Smithfield. 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

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.