Home/Virginia/Suffolk/APPLEWOOD FARMS/242 Fallawater WAY, SUFFOLK VA 23434
242 Fallawater WAY, SUFFOLK VA 23434 - Main photo
Coming Soon
Active
Under Contract
Sold
Off Market

18 days on market

$2,650

242 Fallawater Way

Suffolk, Virginia 23434

MLS# 10626283 · APPLEWOOD FARMS · Suffolk VA

Updated Apr 7, 2026 · Source: REIN MLS

Est. payment

$15/mo

Edit below

Price / sq ft

$1

2,484 sq ft

Days on market

18

HOA

None

Year built

2004

22 yrs old

Beds

4

Full Baths

2

Half Baths

1

Sq Ft

2,484

Garage

Yes

RentalContemp,Transitional2 Story

Schools

Info provided by GreatSchools

About this home

Beautiful two-story home in Applewood Farms offering almost 2,500 square feet of well-designed living space. This 4-bedroom, 2.5-bath home features an open flow great for everyday living and entertaining. The spacious primary suite includes a full bath and a walk-in closet. A large family room with a gas fireplace, vaulted ceiling, and new carpet creates a warm gathering space. Step outside to a fenced backyard with…

Listed by Mark Rusnak · RE/MAX Allegiance

Location & Neighborhood

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Flood Risk

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Property Details

Bedrooms

4

Full Baths

2

Half Baths

1

Approx Sq Ft

2,484

Stories

2

Fireplaces

0

Flooring

Carpet, Laminate/LVP

Heating

Forced Hot Air,Nat Gas

Cooling

Central Air,Heat Pump

Laundry

Interior Features

Cathedral Ceiling, Gas Fireplace, Walk-In Closet, Window Treatments

Appliances

Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Sale & Tax History

List Price

$2,650

Price / Sq Ft

$1

Annual Taxes

N/A

Monthly Tax

N/A

HOA

None

Tax Rate (effective)

N/A

Sale Timeline (this listing)

EventDatePriceDetail
ListedApr 17, 2026$2,650
Currently listed$2,650

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:

Suffolk Real Estate Assessor

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.

About buying in Suffolk

Homes for sale in Suffolk, VA represent some of the best new-construction value in Hampton Roads. As Virginia's largest city by land area (430+ square miles), Suffolk offers a mix of brand-new master-planned communities (Driver, Bennett's Creek, North Suffolk in the 23435 ZIP) and historic downtown Suffolk neighborhoods (23434), all at prices typically 15-25% lower than equivalent homes in Virginia Beach or Chesapeake. North Suffolk (23435) is the fastest-growing submarket — its commute time to Norfolk Naval Shipyard and downtown Norfolk via Route 17 makes it a top pick for military and shipyard families. The Driver and Burbage Grant communities feature 4-5 bedroom new construction in the $450K-$700K range. Holland and Southwest Suffolk (23437) and downtown Suffolk (23434) offer more affordable inventory under $350K, with historic Victorian and Craftsman homes available in walkable neighborhoods. Suffolk Public Schools serves the K-12 population, with King's Fork High, Lakeland High, and Nansemond River High as the main high schools. The Suffolk listings below pull live from the REIN MLS and refresh every 5 minutes.

See more Suffolk homes for sale →

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.

Estimate your monthly payment

$15/mo

Principal & interest

$14

Property tax

$0

Home insurance

$1

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 RE/MAX Allegiance · MLS# 10626283

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

OFF MARKET

$2,650

242 Fallawater WAY, SUFFOLK VA 23434

Suffolk, Virginia 23434

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Quick Facts

TypeRental
Year Built2004
Lot Size0.2300
TaxesN/A
HOANone
HeatingForced Hot Air,Nat Gas
CoolingCentral Air,Heat Pump