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FranklinTHE SUMMIT118 Summit View Ln✓ Source: REIN MLS #10634764 · record updated May 13, 2026 · synced every 2 min · your inquiry is never resold
118 SUMMIT VIEW LN, FRANKLIN VA 23851 - Main photo
118 SUMMIT VIEW LN, FRANKLIN VA 23851 - Photo 2
118 SUMMIT VIEW LN, FRANKLIN VA 23851 - Photo 3
118 SUMMIT VIEW LN, FRANKLIN VA 23851 - Photo 4
118 SUMMIT VIEW LN, FRANKLIN VA 23851 - Photo 5
$228,615
$159 / sqft · est. $1,570/mo →
3beds
2.1baths
1,442sqft
0days on market

118 Summit View Ln, Franklin, VA 23851

Under ContractResidential · built 2026 · THE SUMMIT

About this home

The listing, in the seller's words

Grand Re-Opening for phase 2! New Homesites available with special pricing and special incentives. The Summit is Hampton road's best valued, lowest priced new construction community. Enjoy 3 Bedrooms, 2.5 Baths with garages, driveways and spacious - private backyards! Why rent when you can own for less? Schedule your visit today!

Listing courtesy of Jenny Lovell · BHHS RW Towne Realty · REIN MLS #10634764

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

118 Summit View Lane is a brand-new 2026-built home in Franklin, Virginia, offering three bedrooms, two and a half baths, and 1,442 square feet of thoughtfully designed living space — a fresh start in a small city with a genuine sense of community.

Read the full overview ↓

Why this home stands out

New construction means everything is yours first — no inherited repairs, no outdated systems, no surprises hiding behind the walls. At 1,442 square feet across three bedrooms and two and a half baths, the layout is efficient without feeling cramped. Franklin's lower cost of living stretches further than most Hampton Roads zip codes, and a VA loan can make that math even more favorable for eligible buyers.

THE SUMMIT and the Franklin real estate market

Franklin, Virginia sits in Southampton County in the western corner of Hampton Roads, where the pace is noticeably quieter than the region's larger cities. The city is compact and navigable — most errands take minutes, not half an hour — and neighbors tend to know each other by name. Summit View Lane has a residential feel with easy access to Franklin's main corridors, putting everyday conveniences well within reach. Downtown Franklin is a short drive away, with local shops, city parks, and the Blackwater River adding character to the landscape. The city has been investing in revitalization efforts, and there's a real sense of momentum here. For buyers who want more square footage and breathing room per dollar compared to Virginia Beach or Chesapeake, Franklin consistently delivers. It's the kind of place where you can actually put down roots.

What's nearby

Day-to-day life at 118 Summit View Lane is straightforward. Dollar General is half a mile out for quick runs, and Don Pancho's Cantina and Los Cerezos Latino Store are both under a mile for specialty groceries. When dinner isn't happening at home, China Express Restaurant and Domino's Pizza are each about five minutes away. Dunkin' handles the morning coffee stop at 0.6 miles, and The Lighthouse Project offers a local alternative just down the road. Staying active is easy too — TaylorMade Fitness VA, the James L. Camp Jr. Family YMCA, and Anytime Fitness are all within a mile.

For different buyers

For military families relocating

Joint Staff J7 Suffolk is roughly 41 minutes from 118 Summit View Lane, making Franklin a workable option for service members who want space and value over a shorter commute. New construction means the home is ready for whatever comes next — PCS orders, growing families, or simply a fresh start. VA loan eligibility can make this address even more attainable for active-duty and veteran buyers.

For first-time buyers

Buying your first home in a brand-new build removes a lot of the uncertainty that comes with older properties. At 118 Summit View Lane, you're starting with fresh systems, a modern layout, and no deferred maintenance to budget for. Franklin's price point is one of the most accessible in the Hampton Roads region, and a VA loan — if you qualify — can reduce upfront costs significantly.

More buyer questions

How far is 118 Summit View Lane from Joint Staff J7 Suffolk?

The drive is approximately 41 minutes under normal traffic conditions, heading northeast toward Suffolk via Route 58. It's a straightforward highway commute with minimal congestion for most of the route.

What year was 118 Summit View Lane built?

The home was built in 2026, making it brand-new construction — everything from the roof to the mechanical systems is current and under original manufacturer timelines.

Is 118 Summit View Lane part of an HOA?

HOA status for this property should be confirmed with current listing documentation, as community association details can vary by phase in newer developments.

What is the flood risk at 118 Summit View Lane?

Flood zone designation for this address is displayed in the FloodRisk tile on this page — check that section for the most current FEMA map data.

Can a VA loan be used to purchase 118 Summit View Lane?

Yes — eligible active-duty service members, veterans, and surviving spouses can use a VA loan on new construction properties like this one, often with no down payment required.

Ready to walk through 118 Summit View Lane? Tom and Dariya Milan at LPT Realty know Franklin well — reach out and let's set up a visit.

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

Schools

  • ElementaryS.P. Morton Elementary
  • MiddleOther Middle School
  • HighFranklin

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

2026

Price / sqft

$159

Condo fee

$150/mo

Taxes

$2,000/yr

County

Franklin VA

MLS #

10634764

Condo association includes

Ground MaintOtherPlaygroundsTrash Pickup

$150/mo condo fee · Goodman Management Group · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
3
Full baths
2
Half baths
1
Approx. sqft
1,442
Stories
2
Flooring
Carpet, Ceramic, Laminate/LVP
Ensuite bedrooms
1
Total rooms
6
Other rooms
Breakfast Area, Foyer, PBR with Bath, Pantry, Porch
Appliances
Dishwasher, Disposal, Dryer, Energy Star Appliance(s), Microwave, Elec Range, Refrigerator
Equipment
Cable Hookup, Gar Door Opener

Construction & exterior

Style
Traditional
Subtype
Attached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool

Utilities & systems

Heating
Electric
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
THE SUMMIT
Unit / floor
2
Ownership
Condo
Garage
Yes
Parking
Garage Att 1 Car, 2 Space, Covered, Driveway Spc
Possession
AT CLOSING
Miscellaneous
Warranty Plan

Sources: REIN MLS record · 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

$1,420/mo

Principal & interest

$1,186

Property tax

$167

Home insurance

$67

PMI

None

HOA/Condo (paid separately)

$150

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

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

$224,990$249,990

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.

123 Summit View LN · 0 mi · 1,442 sqft$246,390 sold 2026-07
115 Summit View LN · 0 mi · 1,442 sqft$241,655 sold 2026-07
135 Summit View LN · 0 mi · 1,442 sqft$249,990 sold 2026-06

Sale & Tax History

List Price

$228,615

Price / Sq Ft

$159

Annual Taxes

$2,000

Monthly Tax

$167

Condo fee

$150 / mo

Tax Rate (effective)

0.87%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 4, 2026$228,615
Currently listed$228,615

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

Real questions, answered from the record

Is 118 Summit View Ln in a good school zone?+
The assigned zones on the listing record are S.P. Morton Elementary, Other Middle School, Franklin. School attendance zones can change — always confirm enrollment with the local school division.
Is 118 Summit View 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 118 Summit View 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 118 Summit View Ln?+
Dollar General is about 0.4 miles away. The closest dining on record is Domino's Pizza (0.4 mi).
Does 118 Summit View Ln have a condo association?+
Yes — condo association fees are on record for this unit (the current amount is shown in the facts section on this page). The association of record is Goodman Management Group. Association amenities on record include: Ground Maint, Other, Playgrounds, Trash Pickup.
When was 118 Summit View Ln built?+
It was built in 2026, 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 Jenny Lovell · BHHS RW Towne Realty · REIN MLS #10634764

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.

118 Summit View Ln, Franklin — photo

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

Call or text (757) 777-7577

118 Summit View Ln, Franklin, Virginia 23851 · MLS #10634764 · 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.