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✓ Source: REIN MLS #10652406 · record updated Sep 30, 2026 · synced every 2 min · your inquiry is never resold
116 Regency LN, FRANKLIN VA 23851 - Main photo
4beds
2.1baths
3,059sqft
26days on market

116 Regency Ln, Franklin, VA 23851

Off MarketResidential · built 2023 · ALL OTHERS AREA 67

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

Facts & features

Type

Residential

Year built

2023

Price / sqft

$146

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

Tom & Dariya's overview

Our read on this home

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

At a glance

Meet 116 Regency Lane in Franklin—a four-bedroom, 2.1-bath home built in 2023. You'll find 3,059 square feet of modern living space in a quiet residential setting. This newer construction home features updated systems and current building standards throughout.

Keep searching in Franklin

See all Franklin homes for sale.

Read the full overview ↓

Why this home stands out

Built in 2023, this home brings new-construction quality and energy efficiency to Franklin homes for sale. The open floor plan spans 3,059 square feet across four bedrooms and 2.1 baths, giving you room to spread out. Modern systems, updated finishes, and thoughtful design mean fewer surprises and more comfort from day one. The neighborhood offers a peaceful setting while keeping daily errands and services within easy reach.

ALL OTHERS AREA 67 and the Franklin real estate market

Regency Lane sits in a residential pocket of Franklin where newer homes line quiet streets. The neighborhood has a straightforward, friendly character—the kind of block that anchors homes for sale in Franklin. Franklin itself is a small city in Isle of Wight County, centered around downtown and the Blackwater River. Getting around is easy on local roads; most errands are under two miles away. The city has a rural-small-town feel while staying connected to the Hampton Roads region. You're about 30 minutes to Newport News and 40 minutes to the Virginia Beach area, so larger amenities and employment centers aren't far. Daily life here moves at a gentler pace, with a strong sense of community and plenty of green space nearby.

What's nearby

Food Lion and Dollar General sit just over half a mile away for quick grocery runs. Dining options cluster nearby too—Domino's Pizza, China Express Restaurant, and KFC are all within walking distance or a short drive. Coffee lovers will find Dunkin' and Wawa within a mile. For fitness, James L. Camp Jr. Family YMCA and Anytime Fitness are both about 0.8 miles away. Cameron car wash is also nearby for keeping your vehicles clean.

For different buyers

Base commute and VA loan notes

About 41 minutes to Joint Staff J7 Suffolk keeps your commute manageable. VA loan financing is common in this area, and newer construction like this home qualifies smoothly. Modern systems and fresh finishes mean you can settle in without unexpected repairs or upgrades.

Room to grow

Four bedrooms give each person their own space, and 2.1 baths mean morning routines flow smoothly. The 3,059-square-foot layout spreads across a comfortable footprint. Built in 2023, the home includes updated appliances, efficient HVAC, and modern storage throughout—no immediate upgrades needed.

More buyer questions

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

About 41 minutes by car, depending on traffic and your exact route through Franklin and toward Suffolk.

What year was this home built?

The home was completed in 2023, so it features modern construction quality and current building standards.

Are there grocery stores near this address?

Yes—Food Lion and Dollar General are both about 0.6 miles away, making weekly shopping quick and convenient.

How many bedrooms and bathrooms does this home have?

The home has four bedrooms and 2.1 bathrooms across 3,059 square feet, offering plenty of space and flexibility.

What's the neighborhood like?

It's a quiet residential area in Franklin with newer homes, a peaceful setting, and easy access to local services and amenities within a mile or two.

Ready to explore 116 Regency Lane? Contact Tom & Dariya Milan to schedule a tour and learn more about this newer Franklin home.

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

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each. Straight-line distances in “What’s nearby” are shorter.

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

Franklin$380K – $520K4+ 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.

  • 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 (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 510060

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn\u2019t define a BFE here.

Property elevation

67.4 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA\u2019s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service \u2014 actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Not in a designated hurricane evacuation zone.

Source: Virginia Dept. of Emergency Management — Know Your Zone

Franklin houses for sale →

Location intelligence

What's nearby

Location & Neighborhood

Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.

Military Commute

Drive times to nearest bases

J7 Suffolk

Joint

34min·24.4mi

NMCP

Navy

55min·44.6mi

NNSY

Navy

53min·44.3mi

USCG Portsmouth

Coast Guard

58min·45.5mi

JBLE Ft Eustis

Army

80min·72.9mi

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

Payment Calculator

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

$2,832/mo

Principal & interest

$2,325

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

Comparables

Asking vs. assessment

103% 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

$448,000

Price / Sq Ft

$146

Annual Taxes

$4,527

Monthly Tax

$377

HOA

None

Tax Rate (effective)

1.01%

Sale Timeline (this listing)

EventDatePriceDetail
ListedSep 4, 2026$448,000—
Price reducedSep 23, 2026$448,000−$2,000
Currently listed—$448,000—

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.

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

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.

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.

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