8 days on market
Aerial flyover rendering — usually ready in a couple minutes.
$296,800
572 Laurel St
Franklin, Virginia 23851
MLS# 10634897 · ALL OTHERS AREA 67 · Franklin VA
Updated May 23, 2026 · Source: REIN MLS
Est. payment
$1,777/mo
Edit below
Price / sq ft
$199
1,488 sq ft
Days on market
8
New listing
HOA
None
Year built
2026
0 yrs old
Beds
3
Full Baths
2
Half Baths
1
Sq Ft
1,488
Garage
No
Schools
- ElementaryS.P. Morton Elementary—
- MiddleJoseph P. King Jr. Middle—
- HighFranklin—
Info provided by GreatSchools
About this home
Welcome home to modern living in the heart of an established neighborhood! This beautifully designed two-story home offers the perfect blend of new construction comfort and timeless community charm. Featuring 3 spacious bedrooms, 2.5 bathrooms, and an inviting open floor plan, this home was built for both everyday living and effortless entertaining.The bright and airy main living area flows seamlessly into the kitche…
Listed by Hope Lynch · Howard Hanna Real Estate Svcs.
VaHome Team property overview
572 Laurel Street is a brand-new 2026-built home in Franklin, Virginia, offering three bedrooms, two and a half baths, and 1,488 square feet of fresh, never-lived-in space — a clean slate in a walkable, tight-knit small city.
Read full property overview ↓Show less ↑
Why this home stands out
New construction in an established city is a rare find, and 572 Laurel Street delivers exactly that. Built in 2026, everything here is factory-fresh — systems, finishes, fixtures, all of it. You're not inheriting someone else's choices or deferred maintenance. Add in a half-bath for guests, three true bedrooms, and a footprint that's efficient without feeling cramped, and this address stands apart from the older housing stock that dominates Franklin's market.
ALL OTHERS AREA 67 and the Franklin real estate market
Franklin, Virginia is a small independent city tucked along the Blackwater River in the southeastern corner of the state, about an hour southwest of Norfolk and an hour south of Richmond. It's the kind of place where neighbors still wave from the porch and downtown is genuinely walkable. The city has a proud manufacturing heritage and a close-knit civic culture — think local festivals, community parks, and a Main Street that's been seeing steady reinvestment. Laurel Street sits close to the Franklin Recreation Department, putting green space practically at your doorstep. The Blackwater River corridor adds a natural backdrop that larger metro areas simply can't replicate. For buyers seeking the pace of small-city living without sacrificing access to Hampton Roads employment corridors, Franklin, Virginia hits a real sweet spot — and 572 Laurel Street puts you right in the middle of it.
What's nearby
Day-to-day errands are easy from Laurel Street. The Franklin Recreation Department is just 0.1 miles away, and Barrett's Landing Park is a short half-mile stroll. Grab a morning cup at The Lighthouse Project or StoreHouse Coffee, both under a mile out. Shugga's Place is only 0.4 miles for a quick lunch, while Fred's Restaurant and Serve round out your dinner options nearby. Los Cerezos Latino Store covers grocery runs at 0.6 miles, and TaylorMade Fitness VA is a one-mile trip when it's time to work out. There's even a dog park at Love's Travel Stops less than a mile away.
For different buyers
For military families relocating
Joint Staff J7 in Suffolk is roughly 39 minutes from Laurel Street — manageable for a commute, and Franklin's lower cost of living can stretch a BAH allowance further than comparable homes closer to base. A VA loan pairs naturally with new construction, letting qualifying buyers skip the down payment on a home where nothing needs fixing, replacing, or updating.
For first-time buyers
Starting fresh in a brand-new home means no surprises lurking behind the walls. At 572 Laurel Street, the roof, HVAC, plumbing, and electrical are all 2026-new — exactly the kind of peace of mind that matters most when you're buying for the first time. Franklin's small-city scale also makes it a forgiving place to put down roots, with walkable parks and local spots right outside your door.
Frequently asked questions
How far is 572 Laurel Street from Joint Staff J7 in Suffolk?
The drive from 572 Laurel Street to Joint Staff J7 in Suffolk is approximately 39 minutes under typical conditions, heading northeast via Route 58.
What year was 572 Laurel Street built?
572 Laurel Street was built in 2026, making it brand-new construction with no prior occupancy.
Is 572 Laurel Street in a flood zone?
Flood zone status for 572 Laurel Street is detailed in the FloodRisk tile on this page — check that section for the current FEMA designation specific to this parcel.
Does 572 Laurel Street have an HOA?
Based on available information, 572 Laurel Street does not appear to be governed by a homeowners association, though buyers should confirm this during due diligence.
Where are the nearest parks to 572 Laurel Street?
The Franklin Recreation Department is just 0.1 miles away, making it the closest green space, and Barrett's Landing Park along the Blackwater River is about 0.6 miles from the front door.
Want to walk through 572 Laurel Street in person? 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.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
3
Full Baths
2
Half Baths
1
Approx Sq Ft
1,488
Stories
2
Fireplaces
0
Flooring
Carpet
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Dryer Hookup, Microwave, Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$296,800
Price / Sq Ft
$199
Annual Taxes
$1,800
Monthly Tax
$150
HOA
None
Tax Rate (effective)
0.61%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 15, 2026 | $296,800 | — |
| Currently listed | — | $296,800 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched May 23, 2026.
Total Assessed
$16,500
Land
$16,500
Improvement
N/A
Parcel ID: 139-91-132,133
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
$1,777/moPrincipal & interest
$1,540
Property tax
$150
Home insurance
$87
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 Howard Hanna Real Estate Svcs. · MLS# 10634897
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$296,800
572 Laurel ST, FRANKLIN VA 23851
Franklin, Virginia 23851
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