Franklin Homes under $500,000

Welcome to Franklin, Virginia—a charming city that beautifully blends small-town warmth with modern conveniences. Nestled in the heart of Franklin County, this delightful community is known for its rich history, scenic landscapes, and vibrant local culture. With a population that embraces a strong sense of community, Franklin is not just a place to live; it’s a place to call home.

One of the most appealing aspects of Franklin is its affordability. For those seeking a slice of Virginia’s charm without breaking the bank, you’ll find an array of homes under $500,000 that cater to diverse tastes and lifestyles. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Franklin offers a variety of options—from cozy bungalows to spacious family homes. Many of these properties feature modern amenities, beautiful yards, and are conveniently located near parks, schools, and local shops.

Living in Franklin means enjoying a slower pace of life, where you can savor leisurely strolls along the scenic Blackwater River or explore the historic downtown area filled with unique boutiques and eateries. The city also hosts various community events throughout the year, fostering a strong sense of belonging among residents.

With its affordable housing market and welcoming atmosphere, Franklin, VA is the perfect place to plant your roots. Come discover the charm of this hidden gem and find your dream home in this picturesque city!

Newest Franklin Homes under $500,000

$489,900

3 Beds ⋅ 3 Baths ⋅ 10656992 MLS

Welcome to your private oasis at 320 Meadow Lane! Nestled on a park-like 1.25-acre lot in Franklin, VA, this 2006-built brick estate blends timeless style with incredible versatility. The main home features hardwood flooring, soaring cathedral ceilings, and an inviting living area with a gas fireplace. Enjoy a massive, sun-drenched sunroom with panoramic views of your acreage. The layout includes 3 spacious BR and 3 full BA, a primary suite with a walk-in closet, and a versatile, fully finished room above the garage perfect for an office or gym. A standout feature is the detached Accessory Dwelling Unit (ADU) packed with potential—ready to finish as a guest suite, studio, or rental unit. Includes a massive 5-car parking capacity across attached and detached garages, ideal for hobbyists or workshops. Peaceful country setting just minutes from city conveniences. Schedule your tour today!

320 Meadow Lane, Franklin

$359,990

4 Beds ⋅ 2.1 Baths ⋅ 10656838 MLS

Welcome to Hunterdale Green, a new construction community in Franklin, VA, offering the perfect balance of smalltown charm and everyday convenience. Ideally located just minutes from downtown Franklin, residents enjoy easy access to local shopping, dining, schools, healthcare, and major employers, with quick connections to Suffolk and the greater Hampton Roads area. Discover spacious new homes designed for modern living. Discover spacious, modern living in the Elder. An inviting open-concept design connects the expansive great room, gourmet kitchen and dining area, creating an ideal setting for gatherings. A versatile flex room and second-floor loft offer even more ways to personalize the home. Upstairs, the luxurious owner’s suite features a dual-vanity bath and two walk-in closets, while three additional bedrooms provide plenty of space for family and guests. Call to schedule your tour today!

LT2054 John Alexander Drive, Franklin

$369,990

6 Beds ⋅ 3 Baths ⋅ 10656837 MLS

Welcome to Hunterdale Green, a new construction community in Franklin, VA, offering the perfect balance of smalltown charm and everyday convenience. Ideally located just minutes from downtown Franklin, residents enjoy easy access to local shopping, dining, schools, healthcare, and major employers, with quick connections to Suffolk and the greater Hampton Roads area. Discover spacious new homes designed for modern living. Welcome home to The Hazel. This 2-car garage single-family home is highlighted by a large great room adjoining a gourmet kitchen with an island overlooking the dining area. Just off the garage, a first-floor guest suite means you don’t have to sacrifice your flex room at the front of the home, which makes an ideal office or play space. Upstairs, three bedrooms feature a spacious closet, share a hall bath, and lead to a second floor loft. Your luxury owner’s suite includes a dual-vanity bath and two large closets. You are going to love everything about The Hazel. Call to schedule your tour today!

LT2055 John Alexander Drive, Franklin

$329,990

4 Beds ⋅ 2.1 Baths ⋅ 10656833 MLS

Welcome to Hunterdale Green, a new construction community in Franklin, VA, offering the perfect balance of smalltown charm and everyday convenience. Ideally located just minutes from downtown Franklin, residents enjoy easy access to local shopping, dining, schools, healthcare, and major employers, with quick connections to Suffolk and the greater Hampton Roads area. Discover spacious new homes designed for modern living. The Cedar offers the perfect blend of style, space, and flexibility. Its open first-floor layout brings together the great room, gourmet kitchen, and dining area for effortless everyday living and entertaining. A convenient flex room adds versatility for a home office, study, or recreation space. Upstairs, four spacious bedrooms provide room for everyone. The elegant owner’s suite features a generous layout, an oversized closet, and a luxurious dual-vanity bath. The Cedar is designed to meet your needs today and for years to come. Call to schedule your appointment today!

LT2053 John Alexander Drive, Franklin

$319,990

4 Beds ⋅ 2.1 Baths ⋅ 10656831 MLS

Welcome to Hunterdale Green, a new construction community in Franklin, VA, offering the perfect balance of small town charm and everyday convenience. Ideally located just minutes from downtown Franklin, residents enjoy easy access to local shopping, dining, schools, healthcare, and major employers, with quick connections to Suffolk and the greater Hampton Roads area. Discover spacious new homes designed for modern living. The Birch single-family home is designed to deliver the perfect balance of space, comfort, and style. Step inside from the welcoming foyer or convenient 2-car garage and discover a bright, open-concept layout. The great room seamlessly connects to the dining area and kitchen, creating the ideal space for entertaining or everyday living. Upstairs, a spacious landing leads to four generously sized bedrooms, abundant closet space, and a full bath. The private owner’s suite offers a relaxing retreat with a large closet and dual-vanity bath. Experience the thoughtful design and everyday convenience of The Birch. Call to schedule your tour today!

LT2052 John Alexander Drive, Franklin

$299,990

3 Beds ⋅ 2 Baths ⋅ 10656830 MLS

Welcome to Hunterdale Green, a new construction community in Franklin, VA, offering the perfect balance of small-town charm and everyday convenience. Ideally located just minutes from downtown Franklin, residents enjoy easy access to local shopping, dining, schools, healthcare, and major employers, with quick connections to Suffolk and the greater Hampton Roads area. Discover spacious new homes designed for modern living. The Aspen offers the perfect combination of space, comfort, and functionality. Step into the expansive great room and feel right at home. The open-concept main level keeps everyone connected, whether you're entertaining guests or enjoying everyday life. The thoughtfully designed kitchen, featuring an optional island, flows seamlessly into the living areas, while the convenient family entry from the garage helps keep clutter out of sight. Upstairs, you'll find three generously sized bedrooms with ample closet space. The private owner's suite is a true retreat, complete with an en suite bath and oversized closet. Discover why The Aspen is designed for the way you live. Call to schedule your appointment today!

LT2051 John Alexander Drive, Franklin

$289,990

3 Beds ⋅ 2 Baths ⋅ 10656825 MLS

Grand Opening at Hunterdale Green! Just released with introductory pricing, The Dogwood offers spacious single-family living in Franklin's newest community. Enjoy a beautiful homesite backing to privacy, a 1-car garage, included lawn care, community amenities, and a private yard, all less than 5 minutes from shopping, dining, and everyday conveniences. Inside, you'll find an open great room, gourmet kitchen, luxurious owner's suite with a spacious closet, and two additional bedrooms. Don't miss your chance to own at grand opening pricing in Hunterdale Green! Call to schedule your tour today.

LT2050 John Alexander Drive, Franklin

$279,990

3 Beds ⋅ 2 Baths ⋅ 10656821 MLS

Introducing the Ashgrove at Hunterdale Green! Enjoy easy one-level living with an open-concept design, spacious kitchen island, private owner's suite, and optional covered porch. Affordable ranch-style homes in Franklin with private yards, 2-car garages, included lawn care, and shopping just minutes away. Hunterdale Green features a future pickle ball court, dog park, walking trails, and gardens. Call to schedule your tour today!

LT2049 John Alexander Drive, Franklin

$239,900

4 Beds ⋅ 2.1 Baths ⋅ 10656614 MLS

Move-in ready with numerous recent updates! Enjoy a beautifully refreshed home featuring brand-new LVP flooring and fresh paint throughout. The updated kitchen shines with new stainless steel range, vent hood, and dishwasher, along with new countertops, sink, and faucet. The bathroom features new vanity, fixture and mirrors. Additional improvements include new insulation and a vapor barrier in the crawl space. With extensive updates throughout, this home is ready for its next owner!

325 Harrison Street, Franklin

$75,000

2 Beds ⋅ 2 Baths ⋅ 10655894 MLS

Owned by the Secretary of Veterans Affairs, Being Sold As Is. The property was built prior to 1978 and lead based paint may potentially exist. This property may qualify for Seller Financing (Vendee). 3 Bedroom, 2 bath, great investor property,

1115 Railroad Avenue, Franklin

$305,000

3 Beds ⋅ 2 Baths ⋅ 10655537 MLS

Brick Ranch with Original Family Ownership. Attached & Detached Garages Offer an Abundance of Storage & Workshop Space for Automotive, Hobbies & Other Uses. Located in Established Neighborhood Near Hospital, High School, YMCA, Library, and Many Other Amenities & Conveniences. Relax in the Shade & Enjoy the Breezes on the Large Covered Porch on the Rear of Home. Family Room Offers Wood Burning Fireplace with Gas Logs & Built In Shelves / Cabinets. Spacious Eat-In Kitchen with Abundant Natural Light from Large Window Plus an Additional Dining Room. Paved Driveway Offers Extensive Parking. Large Attic Space Above Attached Garage Provides Excellent Storage.

401 Fairview Drive, Franklin

$299,700

3 Beds ⋅ 1.1 Baths ⋅ 10655414 MLS

Welcome to your new home, a delightful Cape Cod nestled in the pleasant and inviting community of Hunterdale. Situated on a generous .60-acre corner lot, the backyard is fully fenced. The property also includes a smoke house that evokes a sense of nostalgia. Inside you will find beautifully refinished hardwood floors complemented by anti-bacterial, anti-fungal cork flooring in select areas. This property offers the convenience of nearby amenities, including the hospital, fire station, gas station, churches, shopping, and dining, ensuring everything you need is just moments away. Call for your private showing today.

117 Scott Street, Franklin

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