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✓ Source: REIN MLS #10657655 · record updated Nov 3, 2026 · synced every 2 min · your inquiry is never resold
206 Summit Grove TER, FRANKLIN VA 23851 - Main photo
206 Summit Grove TER, FRANKLIN VA 23851 - Photo 2
206 Summit Grove TER, FRANKLIN VA 23851 - Photo 3
206 Summit Grove TER, FRANKLIN VA 23851 - Photo 4
206 Summit Grove TER, FRANKLIN VA 23851 - Photo 5
3beds
2.1baths
1,442sqft
18days on market

206 Summit Grove Ter, Franklin, VA 23851

Under ContractResidential · built 2026 · THE SUMMIT

About this home

POPLAR. SOLD. TBB.

Listing courtesy of Jenny Lovell · BHHS RW Towne Realty · REIN MLS #10657655

Facts & features

Type

Residential

Year built

2026

Price / sqft

$150

Condo fee

$150/mo

Taxes

$2,000/yr

County

Franklin VA

MLS #

10657655

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, Laminate/LVP
Ensuite bedrooms
1
Total rooms
6
Other rooms
Foyer, PBR with Bath, Pantry
Appliances
Dishwasher, Disposal, Dryer, Energy Star Appliance(s), Microwave, Elec Range, Refrigerator, Washer
Equipment
Cable Hookup, Gar Door Opener

Construction & exterior

Style
Townhouse
Subtype
Attached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Stone,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
1
Ownership
Condo
Garage
Yes
Parking
Garage Att 1 Car, Driveway Spc
Possession
AT CLOSING
Miscellaneous
Warranty Plan

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

206 Summit Grove Terrace is a 2026-built, three-bedroom home in Franklin, Virginia. It offers 1,442 square feet of thoughtfully laid-out space across a clean, modern floor plan. With 3 bedrooms and 2.5 baths, there is real room to spread out. Franklin homes for sale at this level of newness are genuinely rare in this market.

Keep searching in Franklin

See all Franklin homes for sale.

Read the full overview ↓

Why this home stands out

Brand-new construction means zero deferred maintenance and a fresh start from day one. The 2026 build date puts 206 Summit Grove Terrace ahead of most of the inventory you will find when browsing homes for sale in Franklin. Everything from the roof to the mechanicals is current. That translates to lower near-term repair costs and the peace of mind that comes with a home no one has worn in yet. Three bedrooms, two and a half baths, and 1,442 square feet make for a layout that is efficient without feeling cramped.

THE SUMMIT and the Franklin real estate market

Summit Grove Terrace sits in a quiet residential pocket of Franklin, Virginia. The streets here are calm and the scale is approachable — the kind of neighborhood where you can take an evening walk without navigating heavy traffic. Franklin is a small, tight-knit city in Southampton County, tucked into the Blackwater River region of southeastern Virginia. The city punches above its size when it comes to local character. Downtown Franklin has a genuine main-street feel, with local businesses, community events, and a riverfront greenway that draws residents out year-round. Getting around is easy. US-58 runs nearby and connects you westward toward Suffolk and eastward toward the Outer Banks corridor. The city is compact enough that most daily errands stay close. Southampton County's rural backdrop means you get open skies and breathing room just minutes from your front door.

What's nearby

Day-to-day convenience is close. Dollar General is about half a mile away for quick household needs. Don Pancho's Cantina and Los Cerezos Latino Store are both under a mile for specialty groceries. When you want a quick bite, China Express Restaurant and Domino's Pizza are each about half a mile out. Dunkin' is just 0.6 miles away for a morning coffee run, and The Lighthouse Project offers a local alternative at 0.7 miles. Staying active is easy too. TaylorMade Fitness VA, the James L. Camp Jr. Family YMCA, and Anytime Fitness are all within a mile of the address.

For different buyers

Base commute and VA loan notes

Joint Staff J7 in Suffolk is about 40 minutes from 206 Summit Grove Terrace. A VA loan is a natural fit for a new-construction purchase like this one — no down payment required for eligible buyers, and no PMI. The 2026 build date means the home is ready to occupy without waiting on repairs or updates. VA loan financing is common in this part of Hampton Roads.

For first-time buyers

A 2026-built home removes the anxiety of wondering what might need fixing first. Three bedrooms and 2.5 baths give you more space than most starter homes in this price tier typically offer. The layout is efficient and easy to live in from day one. Franklin's low-key pace and close-in conveniences make it a practical place to put down roots without overextending.

More buyer questions

How far is 206 Summit Grove Terrace from Joint Staff J7 Suffolk?

The drive is about 40 minutes under normal traffic conditions, heading northeast on US-58 toward Suffolk.

What year was 206 Summit Grove Terrace built?

The home was built in 2026, making it one of the newest residential properties in Franklin.

Is 206 Summit Grove Terrace in a flood zone?

Flood zone information for this address is covered in the FloodRisk tile on this page — check there for the most current FEMA designation.

Does 206 Summit Grove Terrace have an HOA?

HOA status for Summit Grove Terrace should be confirmed with the listing agent, as community rules can vary within newer Franklin subdivisions.

Where is 206 Summit Grove Terrace located within Franklin, Virginia?

The home sits on Summit Grove Terrace in a residential area of Franklin, Southampton County, with easy access to US-58 and the city's downtown core.

Ready to walk through 206 Summit Grove Terrace in person? Tom and Dariya Milan at LPT Realty are here to help you take the next step.

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.

Also nearby

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

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

Franklin$180K – $250K3+ 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
    —
  • MiddleOther Middle School
    —
  • 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

72.1 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 VA homes for sale →

Military Commute

Drive times to nearest bases

J7 Suffolk

Joint

30min·23.3mi

NMCP

Navy

51min·43.5mi

NNSY

Navy

49min·43.1mi

USCG Portsmouth

Coast Guard

51min·44.4mi

JBLE Ft Eustis

Army

79min·71.7mi

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

$1,353/mo

Principal & interest

$1,123

Property tax

$167

Home insurance

$63

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

Comparables

Asking vs. assessment

75% of $288,200

City assessment record · taxes $2,000/yr

Land share of assessed value

100% — $288,200

Improvements $0 · assessor record ✓

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.

115 Summit View LN · 0.1 mi · 1,442 sqft$241,655 sold 2026-07
102 Summit PATH · 0.1 mi · 1,442 sqft$224,990 sold 2026-05
100 Summit PATH · 0.1 mi · 1,442 sqft$244,990 sold 2026-03

Own a home nearby? See what it is worth today — What's your Franklin home worth?

Sale & Tax History

List Price

$216,465

Price / Sq Ft

$150

Annual Taxes

$2,000

Monthly Tax

$167

Condo fee

$150 / mo

Tax Rate (effective)

0.92%

Sale Timeline (this listing)

EventDatePriceDetail
ListedOct 16, 2026$216,465—
Price reducedOct 21, 2026$216,465−$10,000
Currently listed—$216,465—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

25% below assessment

Total Assessed

$288,200

Land

$288,200

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

Is 206 Summit Grove Ter 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 206 Summit Grove Ter 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.
Does 206 Summit Grove Ter 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 206 Summit Grove Ter 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

Brokered by LPT Realty · Hampton Roads

Listing courtesy of Jenny Lovell · BHHS RW Towne Realty · REIN MLS #10657655

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.

206 Summit Grove Ter, Franklin — photo

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

Call or text (757) 777-7577

206 Summit Grove Ter, Franklin, Virginia 23851 · MLS #10657655 · 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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