8 days on market
Aerial flyover rendering — usually ready in a couple minutes.
$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, 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 full property overview ↓Show less ↑
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.
Frequently asked 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.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
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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