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Carrollton › FOUNDERS POINTE › 116 Colonial Way✓ Source: REIN MLS #10644690 · record updated Oct 4, 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
81days 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

Five-bedroom, 3.1-bath home built in 2014 on a spacious lot in Carrollton. Open floor plan with 3,171 square feet of living space. About 19 minutes to NSA Hampton Roads, making this a solid option for Carrollton homes for sale.

Keep searching in Carrollton

See all Carrollton homes for sale, including homes for sale zoned for Smithfield High School and homes for sale zoned for Carrollton Elementary School. Browse every listing among homes for sale in Carrollton — updated from the REIN MLS every few minutes.

Read the full overview ↓

Why this home stands out

This 2014-built colonial sits on a generous lot with room to breathe. Five bedrooms and three full baths give you flexibility for a home office, guest suite, or hobby space. The open layout flows naturally from room to room. Two-car garage and solid construction mean minimal surprises. Located in a quiet residential area where you can settle in without fuss.

FOUNDERS POINTE and the Carrollton real estate market

Carrollton is a rural-feeling community in Isle of Wight County with a mix of farmland and residential properties. Tree-lined roads and spacious lots define the character here. You'll find a slower pace than the urban core, but you're still within reach of shopping, dining, and services. The area draws people who want land and privacy without being completely remote. If you are comparing homes for sale in Carrollton, note that this address sits in a well-established neighborhood with mature trees and quiet streets. The county seat of Smithfield is about 10 minutes away. Hampton and Newport News are 30–40 minutes south, depending on your destination. US Route 258 and Route 17 provide straightforward access to the broader Hampton Roads region.

What's nearby

Bubba-N-Frank's Carrollton and Cone Slingers are both about a mile away, offering casual dining options without a long drive. The Carrollton area has a rural charm but remains close enough to larger shopping centers and services. You're near farmland and open space, which keeps the neighborhood quiet and peaceful. A short drive puts you in Smithfield proper, where you'll find more retail and dining variety. Local parks and outdoor recreation are within easy reach.

For different buyers

Base commute and VA loan notes

NSA Hampton Roads is about 19 minutes away by car. MARFORCOM Norfolk is roughly 22 minutes. VA loan financing is widely used in this area, and the commute is manageable enough for active-duty and civilian defense workers. This five-bedroom layout and move-in-ready condition mean you can settle quickly.

Room to grow

Five bedrooms give you room for kids, a home office, and guest space all at once. Three full baths reduce morning conflicts. The 2014 build means updated systems and fewer surprises. A two-car garage and spacious lot provide storage and outdoor room to grow.

More buyer questions

How far is 116 Colonial Way from NSA Hampton Roads?

About 19 minutes by car. MARFORCOM Norfolk is roughly 22 minutes away as well.

What are the zoning assignments for this address?

This address is zoned for homes for sale zoned for Carrollton Elementary School and homes for sale zoned for Smithfield High School, both part of Isle of Wight County.

Does the property have a garage?

Yes, there is a two-car garage attached to the home.

How many bedrooms and bathrooms are in this home?

The home has five bedrooms and 3.1 bathrooms across 3,171 square feet.

What year was this home built?

The home was built in 2014, so it has modern systems and construction standards.

Ready to explore this five-bedroom Carrollton home? Contact Tom & Dariya Milan to schedule a tour or ask questions about the property.

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

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

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

Carrollton houses for sale →

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 16, 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

81 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.

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