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FranklinALL OTHERS AREA 67116 Regency Ln✓ Source: REIN MLS #10632763 · record updated May 10, 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
$450,000
$147 / sqft · est. $2,838/mo →
4beds
2.1baths
3,059sqft
8days on market

116 Regency Ln, Franklin, VA 23851

ActiveResidential · built 2023 · ALL OTHERS AREA 67

About this home

The listing, in the seller's words

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 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. The 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 #10632763

VaHome team overview

Our read on this home

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 newer construction in a quiet residential setting — a rare find for buyers who want space, modern finishes, and a low-maintenance start.

Read the full overview ↓

Why this home stands out

Built in 2023, this home skips the renovation conversation entirely. At 3,059 square feet with four bedrooms and two and a half baths, it delivers the kind of space that growing households actually need — without the surprises that come with older construction. Franklin's housing stock leans heavily toward mid-century builds, so a home this new and this size stands out in a meaningful way.

ALL OTHERS AREA 67 and the Franklin real estate market

Franklin, Virginia sits in Southampton County in the western corner of Hampton Roads, offering a quieter, small-city pace that's harder to find closer to the coast. The city has a tight-knit feel — neighbors know each other, local businesses have staying power, and the pace of daily life is genuinely relaxed. Regency Lane sits in a residential pocket that's walkable to everyday needs and just a short drive from Franklin's downtown core. This Franklin VA real estate corridor appeals to buyers who want more square footage for their dollar and a community where things feel grounded. The Blackwater River runs through the area, giving the region a natural character that outdoor enthusiasts appreciate. Franklin is small enough that traffic is rarely a stressor, but connected enough — via US-58 — that Virginia Beach, Suffolk, and the broader Hampton Roads metro are all within reach on a weekend or for a commute.

What's nearby

Day-to-day errands are genuinely easy from 116 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 around the corner. Dunkin' handles the morning coffee routine at 0.6 miles. For fitness, you have two solid options nearby — Anytime Fitness and the James L. Camp Jr. Family YMCA are both under a mile away, giving you flexibility on how you like to work out.

For different buyers

For families upgrading

Four bedrooms and 3,059 square feet in a 2023 build means you're not compromising on space or condition. There's room for a dedicated home office, a guest room, and still have bedrooms for the kids. The newer construction means modern layouts — open where it counts, private where it matters. If your current home has started to feel tight, this one was built for the next chapter.

For first-time buyers

Buying a home this new means fewer worries about what's behind the walls. Everything — systems, structure, finishes — is 2023 vintage. A VA loan can make this even more accessible if you have qualifying service, and at this size and price point in Franklin, you're getting a strong start. The nearby YMCA, easy grocery access, and relaxed neighborhood feel make the day-to-day feel settled from the moment you move in.

More buyer questions

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

The drive from 116 Regency Lane to Joint Staff J7 in Suffolk is approximately 41 minutes, primarily via US-58 East — a straightforward highway commute with minimal congestion for most of the route.

What year was 116 Regency Lane built?

The home was built in 2023, making it one of the newer residential constructions available in the Franklin area.

Is 116 Regency Lane in a flood zone?

Flood zone status for 116 Regency Lane is displayed in the FloodRisk tile on this page — check that section for the current FEMA designation and what it means for insurance requirements.

How big is the home at 116 Regency Lane?

The home offers 3,059 square feet of living space across four bedrooms and two and a half bathrooms — a generous footprint by Franklin standards, especially in newer construction.

Where is 116 Regency Lane located within Franklin, Virginia?

The home sits on Regency Lane in a residential area of Franklin, Southampton County, Virginia 23851 — close to US-58 and within half a mile of grocery, dining, and fitness options.

Tom and Dariya Milan at LPT Realty know Franklin's market well. Reach out to get a straight answer on whether 116 Regency Lane is the right fit for where you're headed.

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

Schools

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

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

2023

Price / sqft

$147

HOA

None

Taxes

$4,465/yr

County

Franklin VA

Waterfront

Yes

MLS #

10632763

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
Interior features
Primary Sink-Double, Scuttle Access, Walk-In Closet, Window Treatments
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
Exterior features
Deck
Pool
No Pool
Waterfront
Not Waterfront

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

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

$2,838/mo

Principal & 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.

Value & history

Judge value on real ground

Asking vs. assessment

104% of $433,500

City assessment record · taxes $4,465/yr

Land share of assessed value

10% — $45,000

Improvements $388,500 · 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

$305,000$455,900

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
1320 Clay ST · 0.3 mi · 3,359 sqft$389,900 sold 2026-02

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)

EventDatePriceDetail
ListedMay 2, 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

8 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 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

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 #10632763

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 #10632763 · 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.