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FranklinTHE SUMMIT147 Summit View Ln✓ Source: REIN MLS #10632943 · record updated Jul 20, 2026 · synced every 2 min · your inquiry is never resold
147 Summit View LN, FRANKLIN VA 23851 - Main photo
147 Summit View LN, FRANKLIN VA 23851 - Photo 2
147 Summit View LN, FRANKLIN VA 23851 - Photo 3
147 Summit View LN, FRANKLIN VA 23851 - Photo 4
147 Summit View LN, FRANKLIN VA 23851 - Photo 5
$249,990
$173 / sqft · est. $1,687/mo →
3beds
2.1baths
1,442sqft
58days on market

147 Summit View Ln, Franklin, VA 23851

Under ContractResidential · built 2026 · THE SUMMIT

About this home

The listing, in the seller's words

Move in August! Modern new construction townhome end unit offering 1,442 square feet of thoughtfully designed living space. This open-concept home features 3 bedrooms, 2.5 bathrooms, and a modern kitchen with stainless steel appliances, and a large island that opens to the main living area. Enjoy outdoor living with a private patio, along with the convenience of a one-car garage and a two-car driveway. The spacious primary bedroom includes an oversized closet and a bathroom with dual vanity sinks. This home combines modern design, functional space, and everyday convenience in one stylish package. Schedule your visit today!

Listing courtesy of Jenny Lovell · BHHS RW Towne Realty · REIN MLS #10632943

VaHome team overview

Our read on this home

At a glance

147 Summit View Lane is a brand-new 2026-built townhome in Franklin, Virginia's The Summit community, offering three bedrooms, two and a half baths, and 1,442 square feet of thoughtfully designed living space — all within half a mile of everyday essentials.

Read the full overview ↓

Why this home stands out

New construction in a small Virginia city is a rare find, and 147 Summit View Lane delivers it. Built in 2026, this three-bedroom home carries full builder-fresh finishes with none of the wear that comes with older stock. The half-bath on the main level keeps daily life practical, and the compact footprint means lower utility costs without sacrificing the layout most households actually need.

THE SUMMIT and the Franklin real estate market

The Summit is a newer residential community in Franklin, Virginia — a small, tight-knit city in Southampton County where neighbors tend to know each other and the pace of life is refreshingly unhurried. Franklin sits along the Blackwater River in the western corner of Hampton Roads, far enough from the metro bustle to feel genuinely peaceful, yet connected by US-58 and US-460 to Suffolk, Portsmouth, and beyond. The city has its own downtown core with local restaurants, a historic district, and community events that give it real character. For buyers searching for new construction Franklin VA, The Summit stands out as one of the few places in the area where you can own a freshly built home without the price tag of a larger metro market. Southampton County's lower cost of living is a genuine draw, and The Summit fits right into that value story — a modern home in a community that still has room to grow.

What's nearby

Daily errands are easy from Summit View Lane. Food Lion is just half a mile away, and Dollar General is equally close for quick runs. When you want to eat out, Don Pancho's Cantina, China Express Restaurant, and Domino's Pizza are all within a short drive. Grab a Dunkin' coffee on your way out the door — there's one nearby. For fitness, you have solid options: the James L. Camp Jr. Family YMCA and Anytime Fitness are both under a mile away, with TaylorMade Fitness VA just a mile out. Franklin Hometown Pharmacy is also close for prescriptions and health needs.

For different buyers

For families upgrading

If your current home feels cramped but you're not ready to take on a large mortgage, 147 Summit View Lane hits a smart middle ground. Three bedrooms, two and a half baths, and a 2026 build means everything is fresh — no renovation projects waiting for you on move-in day. The YMCA is under a mile away, and everyday shopping is right around the corner, making the logistics of family life genuinely simple.

For first-time buyers

Buying your first home in a brand-new build is about as clean a start as it gets. At 147 Summit View Lane, there's no deferred maintenance to inherit, no aging systems to worry about, and no competing with investors over a dated flip. The layout is practical, the location keeps costs manageable, and a VA loan could make the path to ownership even more straightforward if you qualify.

More buyer questions

How far is 147 Summit View Lane from Joint Staff J7 Suffolk?

The drive to Joint Staff J7 in Suffolk runs approximately 41 minutes via US-58 East, making it a manageable commute for personnel stationed there.

What year was 147 Summit View Lane built?

The home was built in 2026, making it brand-new construction with no prior occupancy history.

Is there an HOA at The Summit in Franklin, Virginia?

The Summit does have an HOA — it's worth confirming the current fee structure and community rules directly with the listing agent before making a decision.

What grocery stores are near 147 Summit View Lane?

Food Lion and Dollar General are both within half a mile, giving you convenient options for everyday grocery and household needs.

Is 147 Summit View Lane in a flood zone?

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

Want to walk through 147 Summit View Lane or talk through what new construction in Franklin could mean for your situation? Tom and Dariya Milan are ready to help you take the next step.

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

$173

Condo fee

$150/mo

Taxes

$2,000/yr

County

Franklin VA

Waterfront

Yes

MLS #

10632943

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, 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
Stone,Vinyl
Pool
No Pool
Waterfront
Not Waterfront

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
Disclosures
Exempt from Disclosure/Disclaimer

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

$1,687/mo

Principal & interest

$1,297

Property tax

$167

Home insurance

$73

PMI

None

HOA

$150

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

Why the land carries the value

Asking vs. assessment

43% of $581,600

City assessment record · taxes $2,000/yr

Land share of assessed value

100% — $581,600

Improvements $0 · 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

$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.

135 Summit View LN · 0 mi · 1,442 sqft$249,990 sold 2026-06
115 Summit View LN · 0.1 mi · 1,442 sqft$241,655 sold 2026-07
103 SUMMIT VIEW LN · 0.1 mi · 1,442 sqft$228,105 sold 2026-04

Sale & Tax History

List Price

$249,990

Price / Sq Ft

$173

Annual Taxes

$2,000

Monthly Tax

$167

Condo fee

$150 / mo

Tax Rate (effective)

0.80%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 23, 2026$249,990
Price reducedJun 10, 2026$249,990−$2,370
Currently listed$249,990

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

57% below assessment

Total Assessed

$581,600

Land

$581,600

Improvement

N/A

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 147 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 147 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 147 Summit View Ln?+
Yes — James L. Camp Jr. Family YMCA is about 0.8 miles away, per the cached nearby-places record for this address.
Where is the nearest grocery store to 147 Summit View Ln?+
Dollar General is about 0.5 miles away. The closest dining on record is Domino's Pizza (0.5 mi).
Does 147 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 147 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 #10632943

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.

147 Summit View Ln, Franklin — photo

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

Call or text (757) 777-7577

147 Summit View Ln, Franklin, Virginia 23851 · MLS #10632943 · 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.