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FranklinALL OTHERS AREA 67116 Regency Ln✓ Source: REIN MLS #10652406 · record updated Sep 15, 2026 · synced every 2 min · your inquiry is never resold
116 Regency LN, FRANKLIN VA 23851 - Main photo
116 Regency LN, FRANKLIN VA 23851 - Photo 2
116 Regency LN, FRANKLIN VA 23851 - Photo 3
116 Regency LN, FRANKLIN VA 23851 - Photo 4
116 Regency LN, FRANKLIN VA 23851 - Photo 5
4beds
2.1baths
3,059sqft
11days on market

116 Regency Ln, Franklin, VA 23851

ActiveResidential · built 2023 · ALL OTHERS AREA 67

Facts & features

Type

Residential

Year built

2023

Price / sqft

$147

HOA

None

Taxes

$4,527/yr

County

Franklin VA

MLS #

10652406

Interior

Bedrooms
4
Full baths
2
Half baths
1
Approx. sqft
3,059
Stories
3
Flooring
Carpet, Laminate/LVP
Ensuite bedrooms
1
Total rooms
8
Other rooms
Attic, Foyer, PBR with Bath, Pantry, Porch, Spare Room, Utility Room
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Equipment
Cable Hookup, Ceiling Fan, Gar Door Opener, Security Sys

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Stone,Vinyl
Pool
No Pool

Utilities & systems

Heating
Electric, Heat Pump, Programmable Thermostat
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
ALL OTHERS AREA 67
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, Multi Car, Driveway Spc, Street
Possession
SETTLEMENT
Disclosures
Disclosure Statement

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

About this home

Be the first to see this spacious and thoughtfully designed, 4-bedroom, 2.5-bath home which 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 entertaining. Upstairs, you will find four generously sized bedrooms, including a spacious primary suite with an en suite bathroom, as well as a conveniently located utility room. Partially finished basement has endless potential, complete with a rough-in for a full bathroom and space to customize to your needs.

Listing courtesy of Shameka Bellamy · BHHS RW Towne Realty · REIN MLS #10652406

Tom & Dariya's overview

Our read on this home

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

At a glance

116 Regency Lane is a 2023-built, four-bedroom, two-and-a-half-bath home in Franklin, Virginia, offering 3,059 square feet of modern living space. Built new just two years ago, it delivers the kind of fresh construction finishes and efficient layout that older homes simply can't match.

Read the full overview ↓

Why this home stands out

What sets 116 Regency Lane apart is the combination of brand-new construction quality and generous square footage in a city where that pairing is genuinely rare. At 3,059 square feet, this is a large home by any measure — four bedrooms, two and a half baths, and all the breathing room that comes with a layout designed from the ground up in 2023 rather than retrofitted over decades.

ALL OTHERS AREA 67 and the Franklin real estate market

Franklin, Virginia sits in Southampton County in the western corner of Hampton Roads, a small city with a tight-knit feel and a surprisingly convenient everyday infrastructure. The city is compact enough that most errands stay within a mile or two, yet it connects easily to the broader region via Route 58. Regency Lane itself sits in a residential pocket that keeps things quiet while keeping daily life accessible. Franklin has been investing in its downtown core, and the community around it reflects that steady, grounded momentum — the kind of place where neighbors actually know each other. For families comparing Franklin, Virginia homes for sale, the city's scale is a genuine selling point: no sprawl, no hour-long commutes to the grocery store, and a pace of life that feels intentional rather than accidental.

What's nearby

Day-to-day convenience is well handled from Regency Lane. Food Lion is just 0.6 miles away for your weekly grocery run, and a Dollar General sits at the same distance for quick fill-in trips. When dinner doesn't need to be a production, Don Pancho's Cantina, China Express Restaurant, KFC, and Domino's Pizza are all within 0.7 miles. Dunkin' and Wawa are both under a mile for morning coffee. Staying active is easy too — the James L. Camp Jr. Family YMCA and Anytime Fitness are both about 0.8 miles out, giving you solid options whether you prefer a full-facility gym or a 24-hour setup.

For different buyers

For military families relocating

Joint Staff J7 in Suffolk is roughly 41 minutes from Regency Lane — a manageable drive for a home this size. A VA loan can make a 3,059-square-foot, four-bedroom property genuinely attainable, and the lower cost of living in Franklin stretches a housing allowance further than most Hampton Roads zip codes. It's worth running the numbers.

For families upgrading

If your current home feels like it's shrinking, 116 Regency Lane answers that directly. Four bedrooms and 3,059 square feet give everyone room to spread out, and because it was built in 2023, you're not inheriting anyone else's deferred maintenance. Families upgrading from smaller or older homes will appreciate starting fresh with modern systems, modern finishes, and a layout that actually fits how people live today.

More buyer questions

How far is 116 Regency Lane from Joint Staff J7 Suffolk?

The drive from Regency Lane to Joint Staff J7 in Suffolk is approximately 41 minutes under typical conditions, primarily via Route 58 east. It's a straightforward highway commute with minimal traffic complexity.

What is the flood zone status for 116 Regency Lane in Franklin, Virginia?

Flood zone designation for this address is handled by the FloodRisk tile on this page, which pulls current FEMA map data. We recommend reviewing that section and discussing it with your agent before making any decisions.

Is there an HOA at 116 Regency Lane?

Based on available data, this property does not carry an HOA, which means no monthly association dues or community rule overlays to navigate — a detail worth confirming during the due-diligence period.

What are the nearest grocery stores to 116 Regency Lane?

Food Lion and Dollar General are both approximately 0.6 miles from the address, making routine grocery runs genuinely quick. Wawa, which carries a broader convenience selection, is about 0.9 miles out.

Does 116 Regency Lane have modern construction features given its 2023 build year?

Yes — built in 2023, the home was constructed under current Virginia building codes, meaning updated electrical, plumbing, and insulation standards. Buyers typically find that 2020s-era new construction requires significantly less near-term maintenance than homes built in prior decades.

Tom and Dariya Milan at LPT Realty know Franklin's market well. Reach out to get a straight answer on what 116 Regency Lane looks like for your specific situation.

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

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

Franklin$380K – $520K4+ beds

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Schools

VaHome School Score

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

  • ElementaryS.P. Morton Elementary
  • MiddleJoseph P. King Jr. Middle
  • HighFranklin

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 510060

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Not in a designated hurricane evacuation zone.

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

$2,843/mo

Principal & interest

$2,335

Property tax

$377

Home insurance

$131

PMI

None

HOA/Condo (paid separately)

None

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

104% of $433,500

City assessment record · taxes $4,527/yr

Land share of assessed value

10% — $45,000

Improvements $388,500 · assessor record ✓

Price context — similar nearby homes

$305,000$469,900

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.

304 Kings LN · 0.2 mi · 3,052 sqft$451,000 sold 2026-03
106 Regency LN · 0.1 mi · 3,321 sqft$450,000 sold 2026-05
109 Queens LN · 0.3 mi · 2,882 sqft$469,900 sold 2026-07

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

Sale & Tax History

List Price

$450,000

Price / Sq Ft

$147

Annual Taxes

$4,527

Monthly Tax

$377

HOA

None

Tax Rate (effective)

1.01%

Sale Timeline (this listing)

EventDatePriceDetail
ListedSep 4, 2026$450,000
Currently listed$450,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

Asking near assessment

Total Assessed

$433,500

Land

$45,000

Improvement

$388,500

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:

Franklin 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

11 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 Regency Ln in a good school zone?+
The assigned zones on the listing record are S.P. Morton Elementary, Joseph P. King Jr. Middle, Franklin. School attendance zones can change — always confirm enrollment with the local school division.
Is 116 Regency Ln 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.
Is there a gym near 116 Regency Ln?+
Yes — Anytime Fitness is about 0.8 miles away, per the cached nearby-places record for this address.
Where is the nearest grocery store to 116 Regency Ln?+
Food Lion is about 0.5 miles away. The closest dining on record is Domino's Pizza (0.5 mi).
Does 116 Regency Ln have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 116 Regency Ln built?+
It was built in 2023, 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 Shameka Bellamy · BHHS RW Towne Realty · REIN MLS #10652406

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 Regency Ln, Franklin — photo

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

Call or text (757) 777-7577

116 Regency Ln, Franklin, Virginia 23851 · MLS #10652406 · 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.