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FranklinALL OTHERS AREA 67572 Laurel St✓ Source: REIN MLS #10634897 · record updated May 23, 2026 · synced every 2 min · your inquiry is never resold
572 Laurel ST, FRANKLIN VA 23851 - Main photo
572 Laurel ST, FRANKLIN VA 23851 - Photo 2
572 Laurel ST, FRANKLIN VA 23851 - Photo 3
572 Laurel ST, FRANKLIN VA 23851 - Photo 4
572 Laurel ST, FRANKLIN VA 23851 - Photo 5
$296,800
$199 / sqft · est. $1,777/mo →
3beds
2.1baths
1,488sqft
8days on market

572 Laurel St, Franklin, VA 23851

ActiveResidential · built 2026 · ALL OTHERS AREA 67

About this home

The listing, in the seller's words

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 kitchen and dining spaces, creating the ideal gathering place for family and friends.

Listing courtesy of Hope Lynch · Howard Hanna Real Estate Svcs. · REIN MLS #10634897

VaHome team overview

Our read on this home

At a glance

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 the full overview ↓

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.

More buyer 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.

Schools

  • ElementaryS.P. Morton Elementary
  • MiddleJoseph P. King Jr. Middle
  • HighFranklin

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

2026

Price / sqft

$199

HOA

None

Taxes

$1,800/yr

County

Franklin VA

Waterfront

Yes

MLS #

10634897

Interior

Bedrooms
3
Full baths
2
Half baths
1
Approx. sqft
1,488
Stories
2
Flooring
Carpet
Ensuite bedrooms
1
Total rooms
5
Appliances
Dishwasher, Dryer Hookup, Microwave, Range, Refrigerator, Washer Hookup

Construction & exterior

Style
Contemp
Subtype
Detached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Fencing
Back Fenced,Privacy
Waterfront
Not Waterfront

Utilities & systems

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

Lot, parking & ownership

Subdivision
ALL OTHERS AREA 67
Zoning
R1
Ownership
Fee Simple
Garage
No
Parking
Off Street, Driveway Spc
Possession
AT CLOSING
Disclosures
Disclosure Statement

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

$1,777/mo

Principal & 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.

Value & history

Why the land carries the value

Asking vs. assessment

1799% of $16,500

City assessment record · taxes $1,800/yr

Land share of assessed value

100% — $16,500

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

$100,000$285,000

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.

205 Artis ST · 0.5 mi · 1,440 sqft$128,000 sold 2026-06
416 Cobb ST · 0.5 mi · 1,433 sqft$100,000 sold 2026-03
650 Hayden DR · 0.2 mi · 1,321 sqft$140,000 sold 2026-04

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)

EventDatePriceDetail
ListedMay 15, 2026$296,800
Currently listed$296,800

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

1699% above assessment

Total Assessed

$16,500

Land

$16,500

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.

Market tempo

8 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Real questions, answered from the record

Is 572 Laurel St in a good school zone?+
The assigned zones on the listing record are S.P. Morton Elementary, Joseph P. King Jr. Middle, Franklin. School attendance zones can change — always confirm enrollment with the local school division.
Is 572 Laurel St 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 572 Laurel St?+
Yes — TaylorMade Fitness VA is about 1 miles away, per the cached nearby-places record for this address.
Are there parks near 572 Laurel St?+
Franklin Recreation Department is about 0.1 miles away.
Where is the nearest grocery store to 572 Laurel St?+
Los Cerezos Latino Store is about 0.6 miles away. The closest dining on record is Shugga's Place (0.4 mi).
Does 572 Laurel St have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 572 Laurel St 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 Hope Lynch · Howard Hanna Real Estate Svcs. · REIN MLS #10634897

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.

572 Laurel St, Franklin — photo

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

Call or text (757) 777-7577

572 Laurel St, Franklin, Virginia 23851 · MLS #10634897 · 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.