

8 days on market
$450,000
116 Regency Ln
Franklin, Virginia 23851
MLS# 10632763 · ALL OTHERS AREA 67 · Franklin VA
Updated May 10, 2026 · Source: REIN MLS
Est. payment
$2,838/mo
Edit below
Price / sq ft
$147
3,059 sq ft
Days on market
8
New listing
HOA
None
Year built
2023
3 yrs old
Beds
4
Full Baths
2
Half Baths
1
Sq Ft
3,059
Garage
Yes
Schools
- ElementaryS.P. Morton Elementary—
- MiddleJoseph P. King Jr. Middle—
- HighFranklin—
Info provided by GreatSchools
About this home
Spacious and thoughtfully designed, this 4-bedroom, 2.5-bath home offers over 3,000 square feet of comfortable living space with room to grow. The main level features a versatile flex room perfect for a home office, playroom, or guest space, alongside a large kitchen equipped with granite countertops, ample cabinetry, and a walk-in pantry. The open-concept great room provides a seamless flow for everyday living and e…
Listed by Shameka Bellamy · BHHS RW Towne Realty
VaHome Team property overview
116 Regency Lane is a 2023-built, four-bedroom home in Franklin, Virginia, offering 3,059 square feet of modern living space with 2.5 baths. It's a newer construction in a quiet setting, with everyday conveniences just half a mile away and a straightforward commute to the region's military installations.
Read full property overview ↓Show less ↑
Why this home stands out
Built in 2023, this home skips the guesswork that comes with older properties — systems, finishes, and structure are all contemporary. With over 3,000 square feet spread across four bedrooms and two and a half baths, there's genuine room to grow here. Franklin's slower pace and lower cost of living make square footage go further than it would in the denser Hampton Roads metro, and that's a real advantage for buyers prioritizing space.
ALL OTHERS AREA 67 and the Franklin real estate market
Franklin, Virginia sits in Southampton County in the western corner of Hampton Roads, about 35 miles southwest of Suffolk. It's a small city with a genuine small-town rhythm — neighbors know each other, traffic is manageable, and the pace of daily life is refreshingly unhurried. The area around Regency Lane is a residential pocket with newer construction mixed among established homes, giving the street a clean, settled feel without the cookie-cutter uniformity of large planned communities. Downtown Franklin is compact and walkable, with local businesses, city parks, and the Blackwater River adding natural character to the landscape. Buyers who search phrases like houses for sale in woodstock va are often drawn to similar qualities — newer builds, quieter surroundings, and a community feel — and Franklin delivers all of that with the added benefit of Virginia's coastal proximity. Southampton County schools, city utilities, and a tight-knit civic culture round out the picture for families and individuals alike who want a real sense of place.
What's nearby
Day-to-day errands are easy from Regency Lane. Food Lion is just half a mile away for grocery runs, and Dollar General is equally close for quick stops. When you want to eat out, Don Pancho's Cantina and China Express Restaurant are both within six-tenths of a mile, and Domino's Pizza is right down the road at half a mile. For your morning coffee, Dunkin' is six-tenths of a mile out. Staying active is straightforward too — Anytime Fitness and the James L. Camp Jr. Family YMCA are both within a mile, giving you solid options for workouts and family programming. Franklin Hometown Pharmacy handles prescription needs close to home.
For different buyers
For military families relocating
Joint Staff J7 Suffolk is roughly 41 minutes from Regency Lane, making Franklin a viable home base for service members stationed there. A VA loan can stretch purchasing power on a 3,059-square-foot home like this one, and BAH rates for the Suffolk area are worth running against local ownership costs. The newer construction means fewer maintenance surprises during a typical tour of duty.
For families upgrading
Four bedrooms and 3,059 square feet in a 2023-built home means you're not inheriting someone else's deferred maintenance — everything is current. There's space for a dedicated home office, a guest room, and still room for the kids to spread out. Franklin's quieter streets and accessible parks make it a practical upgrade for families who've outgrown a smaller home and want more room without a longer commute.
Frequently asked questions
How far is 116 Regency Lane from Joint Staff J7 Suffolk?
The drive from Regency Lane to Joint Staff J7 Suffolk is approximately 41 minutes under normal traffic conditions, heading northeast via US-58. It's a manageable daily commute, particularly for service members who value more space and a quieter home environment.
What year was 116 Regency Lane built?
The home was built in 2023, making it one of the newer residential properties in the Franklin area. Buyers benefit from current building codes, modern systems, and contemporary finishes throughout.
Is 116 Regency Lane in a flood zone?
Flood zone information for this property is displayed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data for the address. We recommend reviewing that section and discussing it with your agent before making any decisions.
Are there grocery stores near 116 Regency Lane?
Yes — Food Lion and Dollar General are both within half a mile of the property, making routine grocery and household shopping very convenient. Don Pancho's Cantina and several other dining options are also within six-tenths of a mile.
Does 116 Regency Lane have an HOA?
HOA status for this property is noted in the listing details section of this page. If you have specific questions about any community rules or shared amenities, Tom or Dariya Milan at LPT Realty can pull the current documentation for you.
Want to walk through 116 Regency Lane or get your questions answered? Tom and Dariya Milan at LPT Realty know this market well — reach out and let's talk.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
116 Regency LN, Franklin
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
4
Full Baths
2
Half Baths
1
Approx Sq Ft
3,059
Stories
3
Fireplaces
0
Flooring
Carpet, Laminate/LVP
Heating
Electric,Heat Pump,Programmable Thermostat
Cooling
Central Air
Laundry
Interior Features
Primary Sink-Double, Scuttle Access, Walk-In Closet, Window Treatments
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$450,000
Price / Sq Ft
$147
Annual Taxes
$4,465
Monthly Tax
$372
HOA
None
Tax Rate (effective)
0.99%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 2, 2026 | $450,000 | — |
| Currently listed | — | $450,000 | — |
Public-Records Assessment
Source: Franklin via Hampton Roads Regional Parcels. Fetched May 8, 2026.
Total Assessed
$433,500
Land
$45,000
Improvement
$388,500
Parcel ID: 103-209-31 · View on city GIS portal
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.
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
$2,838/moPrincipal & interest
$2,335
Property tax
$372
Home insurance
$131
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# 10632763
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$450,000
116 Regency LN, FRANKLIN VA 23851
Franklin, Virginia 23851
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