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Franklin-Colonial Homes for Sale

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  • 3728 Crescent Ridge Dr SW, Roanoke, VA 24018
    3728 Crescent Ridge Dr SW, Roanoke, VA 24018
    3728 Crescent Ridge Dr SW, Roanoke, VA 24018
    /26

    $317,950 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,784 Sq Ft

    3728 Crescent Ridge Dr SW, Roanoke, VA 24018

    Colonial Green is conveniently located less than a mile from Tanglewood Mall and less than 4 miles from Carilion. Enjoy the beautiful views and grounds of this charming community. This home includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring, white

    Robert Fralin R FRALIN & ASSOCIATES INC

    3728 Crescent Ridge Dr SW, Roanoke, VA 24018
  • 3740 Crescent Ridge Dr SW, Roanoke, VA 24018
    3740 Crescent Ridge Dr SW, Roanoke, VA 24018
    3740 Crescent Ridge Dr SW, Roanoke, VA 24018
    /25

    $339,950 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,825 Sq Ft

    3740 Crescent Ridge Dr SW, Roanoke, VA 24018

    Colonial Green is conveniently located less than a mile from Tanglewood Mall and less than 4 miles from Carilion. Enjoy the beautiful views and grounds of this charming community. This home includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring, white

    Robert Fralin R FRALIN & ASSOCIATES INC

    3740 Crescent Ridge Dr SW, Roanoke, VA 24018
  • 1015 Clearfield Rd SW, Roanoke, VA 24015
    1015 Clearfield Rd SW, Roanoke, VA 24015
    1015 Clearfield Rd SW, Roanoke, VA 24015
    /85

    $539,950 Open Sun 1PM - 3PM

    • 4 Beds
    • 3.5 Baths
    • 2,622 Sq Ft

    1015 Clearfield Rd SW, Roanoke, VA 24015

    This is the house you've been looking for! Beautifully updated 4 bed, 3.5 bath home on an almost half-acre lot with a large, flat fenced backyard--a rare find in the city! Entry-level primary suite with walk-in closet, updated bath, and bonus room that opens to a spacious deck. Upstairs offers 2 large bedrooms with hidden closet storage and full bath. Main level features a formal living room,

    Jonathan Lazaro LAZARO REAL ESTATE

    1015 Clearfield Rd SW, Roanoke, VA 24015
  • 3857 Park Ln SW, Roanoke, VA 24015
    3857 Park Ln SW, Roanoke, VA 24015
    3857 Park Ln SW, Roanoke, VA 24015
    /33

    $425,000

    • 3 Beds
    • 3 Baths
    • 2,788 Sq Ft

    3857 Park Ln SW, Roanoke, VA 24015

    Step into comfort and charm at 3857 Park Lane! This beautifully maintained 3-bedroom, 3-bath home is tucked away in the well-loved Jefferson Park neighborhood just behind Virginia Western Community College. Inside you'll find a bright, open floor plan with vaulted ceilings, spacious living areas, and a kitchen made for hosting. The lower level offers its own living space complete with sink,

    David Spangler KELLER WILLIAMS REALTY ROANOKE

    3857 Park Ln SW, Roanoke, VA 24015
  • 3326 Belshire Ct SW, Roanoke, VA 24014
    3326 Belshire Ct SW, Roanoke, VA 24014
    3326 Belshire Ct SW, Roanoke, VA 24014
    /58

    $619,000

    • 4 Beds
    • 3.5 Baths
    • 2,840 Sq Ft

    3326 Belshire Ct SW, Roanoke, VA 24014

    Welcome to 3326 Belshire Court, nestled within a gated community in desirable South Roanoke. This beautifully maintained 4-bedroom, 3.5-bath home offers spacious living with thoughtful upgrades throughout. Enjoy brand-new appliances, freshly paintedwalls and trim, and elegant fixtures that add a refined touch in every room. From the charming brick walkways to the sophisticated exterior details,

    Chris Reavis MKB, REALTORS(r)

    3326 Belshire Ct SW, Roanoke, VA 24014
  • 3719 Crescent Ridge Dr SW, Roanoke, VA 24018
    3719 Crescent Ridge Dr SW, Roanoke, VA 24018
    3719 Crescent Ridge Dr SW, Roanoke, VA 24018
    /8

    $429,950 New Construction

    • 4 Beds
    • 3.5 Baths
    • 2,192 Sq Ft

    3719 Crescent Ridge Dr SW, Roanoke, VA 24018

    ''Colonial Green is conveniently located less than a mile from Tanglewood Mall and less than 4 miles from Carilion. Enjoy the beautiful views and grounds of this charming community. This home includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring, white

    Robert Fralin R FRALIN & ASSOCIATES INC

    3719 Crescent Ridge Dr SW, Roanoke, VA 24018
  • 3715 Crescent Ridge Dr SW, Roanoke, VA 24018
    3715 Crescent Ridge Dr SW, Roanoke, VA 24018
    3715 Crescent Ridge Dr SW, Roanoke, VA 24018
    /8

    $429,950 New Construction

    • 4 Beds
    • 3.5 Baths
    • 2,192 Sq Ft

    3715 Crescent Ridge Dr SW, Roanoke, VA 24018

    ''Colonial Green is conveniently located less than a mile from Tanglewood Mall and less than 4 miles from Carilion. Enjoy the beautiful views and grounds of this charming community. This home includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring, white

    Robert Fralin R FRALIN & ASSOCIATES INC

    3715 Crescent Ridge Dr SW, Roanoke, VA 24018
  • 3711 Crescent Ridge Dr SW, Roanoke, VA 24018
    3711 Crescent Ridge Dr SW, Roanoke, VA 24018
    3711 Crescent Ridge Dr SW, Roanoke, VA 24018
    /8

    $429,950 New Construction

    • 4 Beds
    • 3.5 Baths
    • 2,192 Sq Ft

    3711 Crescent Ridge Dr SW, Roanoke, VA 24018

    ''Colonial Green is conveniently located less than a mile from Tanglewood Mall and less than 4 miles from Carilion. Enjoy the beautiful views and grounds of this charming community. This home includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring, white

    Robert Fralin R FRALIN & ASSOCIATES INC

    3711 Crescent Ridge Dr SW, Roanoke, VA 24018
  • 3723 Crescent Ridge Dr SW, Roanoke, VA 24018
    3723 Crescent Ridge Dr SW, Roanoke, VA 24018
    3723 Crescent Ridge Dr SW, Roanoke, VA 24018
    /8

    $429,950 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,192 Sq Ft

    3723 Crescent Ridge Dr SW, Roanoke, VA 24018

    Colonial Green is conveniently located less than a mile from Tanglewood Mall and less than 4 miles from Carilion. Enjoy the beautiful views and grounds of this charming community. This home includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring, white

    Robert Fralin R FRALIN & ASSOCIATES INC

    3723 Crescent Ridge Dr SW, Roanoke, VA 24018
  • 3823 Greenway Dr SW, Roanoke, VA 24018
    3823 Greenway Dr SW, Roanoke, VA 24018
    3823 Greenway Dr SW, Roanoke, VA 24018
    /43

    $379,900

    • 2 Beds
    • 2.5 Baths
    • 1,678 Sq Ft

    3823 Greenway Dr SW, Roanoke, VA 24018

    Convenience and move in ready! This 2 bedroom w/loft (could be used as a 3rd bedroom) has refinished stunning hardwood floors on all levels! Meticulous owners, the home is freshly painted, with new microwave, new oven/range, its like new through and through! Includes washer and dryer, barn door, tilt in windows, don't miss out on seeing this one, you will not be disappointed!

    Mack Garmon RE/MAX REAL ESTATE ONE

    3823 Greenway Dr SW, Roanoke, VA 24018
  • 216 Windward Dr SW Unit 216, Roanoke, VA 24018
    216 Windward Dr SW Unit 216, Roanoke, VA 24018
    216 Windward Dr SW Unit 216, Roanoke, VA 24018
    /34

    $374,900

    • 3 Beds
    • 3 Baths
    • 1,902 Sq Ft

    216 Windward Dr SW Unit 216, Roanoke, VA 24018

    Renovated throughout, new flooring, light fixtures, also updated kitchen, all new paint. Oversized drive-under garage with new remotes. Listed as a 2-car garage, but huge. Unusually large master suite on lower level with large walk-in closet and full bath and fireplace. No window but previous owner used as a 3rd bedroom. Doors from kitchen and bedroom to large private deck cost $7,000. Deck is

    Wayne Amos LONG & FOSTER - ROANOKE OFFICE

    216 Windward Dr SW Unit 216, Roanoke, VA 24018
  • 2527 Sanford Ave SW, Roanoke, VA 24014
    2527 Sanford Ave SW, Roanoke, VA 24014
    2527 Sanford Ave SW, Roanoke, VA 24014
    /12

    $209,900

    • 3 Beds
    • 1 Bath
    • 906 Sq Ft

    2527 Sanford Ave SW, Roanoke, VA 24014

    Come see this nicely renovated ranch with three bedrooms, new bath, refinished hardwoods, new paint, replaced windows, and new kitchen. Washer and dryer included, move-in ready. Close to shopping, Restaurants, and Schools. Perfect for single family or possible investment property. Move-In ready.

    BRENT L STOVER MKB, REALTORS(r) - OAK GROVE

    2527 Sanford Ave SW, Roanoke, VA 24014
  • 2840 Colonial Ave SW Unit C7, Roanoke, VA 24015
    2840 Colonial Ave SW Unit C7, Roanoke, VA 24015
    2840 Colonial Ave SW Unit C7, Roanoke, VA 24015
    /24

    $104,950

    • 1 Bed
    • 1 Bath
    • 320 Sq Ft

    2840 Colonial Ave SW Unit C7, Roanoke, VA 24015

    Welcome to 2840 Colonial Avenue, a fantastic Lower Level Condo in a prime Roanoke location! This fully updated property is conveniently situated near Virginia Western Community College, Towers Shopping Mall, Restaurants, and Roanoke Memorial Hospital. It presents an excellent opportunity for investors seeking passive income or those looking for a worry-free lifestyle. The kitchen is fully

    Alyshia Merchant DIVINE FOG REALTY COMPANY LLC- ROANOKE

    2840 Colonial Ave SW Unit C7, Roanoke, VA 24015
  • 2001 Lynn Ave SW, Roanoke, VA 24014
    2001 Lynn Ave SW, Roanoke, VA 24014
    2001 Lynn Ave SW, Roanoke, VA 24014
    /8

    $1,455,300

    • 11,825 Sq Ft

    2001 Lynn Ave SW, Roanoke, VA 24014

    close to public transportation and Carilion Roanoke Memorial hospital

    Courtnee Bishop MKB, REALTORS(r)

    2001 Lynn Ave SW, Roanoke, VA 24014
  • 3615 Dogwood Ln SW, Roanoke, VA 24015
    3615 Dogwood Ln SW, Roanoke, VA 24015
    3615 Dogwood Ln SW, Roanoke, VA 24015
    /95

    $950,000

    • 4 Beds
    • 3.5 Baths
    • 3,865 Sq Ft

    3615 Dogwood Ln SW, Roanoke, VA 24015

    Welcome to 3,865 square feet of custom home on the market for the first time! Located centrally in southern Roanoke Valley just behind Virginia Western Community College and surrounded by many nearby amenities, this home has a variety of spectacular elements to admire. An extensive renovation that just concluded offers exceptional craftsmanship and quality throughout. Some of the brand-new

    Daniel Wickham WALKER REAL ESTATE SOLUTIONS

    3615 Dogwood Ln SW, Roanoke, VA 24015
  • 3732 Crescent Ridge Dr SW, Roanoke, VA 24018
    3732 Crescent Ridge Dr SW, Roanoke, VA 24018
    3732 Crescent Ridge Dr SW, Roanoke, VA 24018
    /12

    $317,950 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,784 Sq Ft

    3732 Crescent Ridge Dr SW, Roanoke, VA 24018

    ''Colonial Green is conveniently located less than a mile from Tanglewood Mall and less than 4 miles from Carilion. Enjoy the beautiful views and grounds of this charming community. This home includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring, white

    Robert Fralin R FRALIN & ASSOCIATES INC

    3732 Crescent Ridge Dr SW, Roanoke, VA 24018
  • 3736 Crescent Ridge Dr SW, Roanoke, VA 24018
    3736 Crescent Ridge Dr SW, Roanoke, VA 24018
    3736 Crescent Ridge Dr SW, Roanoke, VA 24018
    /12

    $319,950 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,695 Sq Ft

    3736 Crescent Ridge Dr SW, Roanoke, VA 24018

    ''Colonial Green is conveniently located less than a mile from Tanglewood Mall and less than 4 miles from Carilion. Enjoy the beautiful views and grounds of this charming community. This home includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring, white

    Robert Fralin R FRALIN & ASSOCIATES INC

    3736 Crescent Ridge Dr SW, Roanoke, VA 24018
Virginia Roanoke City County Roanoke Franklin-Colonial

Real Estate & Homes for Sale in Franklin-Colonial, Roanoke

Why Live in Franklin-Colonial
Franklin-Colonial in Roanoke, Virginia, is a neighborhood known for its commercial activity and collegiate presence. The area is defined by its two main roads, Franklin Road and Colonial Avenue, which host a variety of fast food restaurants, shopping strips, and the Tanglewood Mall. The neighborhood is home to Virginia Western Community College, with a skywalk connecting its north and south campuses. Outdoor attractions include the Murray Run Greenway, a 2-mile trail leading to Shrine Hill Park, and the nearby Roanoke River Greenway and Mill Mountain Park, which features the iconic Roanoke Star. Homes in Franklin-Colonial range from 1950s red-brick ranch styles to modern New Traditional homes, offering views of the Roanoke Star and varied architectural styles. The area is bustling with commercial activity, particularly around Tanglewood Mall and Towers Shopping Center, which provide numerous shopping and dining options. Despite the commercial hustle, subdivisions within the neighborhood offer quieter, suburban living. The neighborhood is safer than the national average, providing a sense of security for residents. While not particularly pedestrian-friendly due to heavy car traffic, Franklin-Colonial offers convenient access to Interstate 581, downtown Roanoke, and the Roanoke-Blacksburg Regional Airport. Public transportation is available through Valley Metro bus routes, and the nearby Amtrak station connects residents to major cities.
Learn more about living in Franklin-Colonial

Frequently Asked Questions

Is Franklin-Colonial a good place to live?
Franklin-Colonial is a good place to live. Franklin-Colonial is considered very car-dependent and somewhat bikeable with some transit options. It is sparse in population with 2.6 people per acre and a median age of 49. The average household income is $76,901 which is below the national average. College graduates make up 46.6% of residents. A majority of residents in Franklin-Colonial are renters, with 55.6% of residents renting and 44.4% of residents owning their home. A local real estate agent serving Franklin-Colonial can help you decide if this neighborhood is the right one for you. Learn more on our Franklin-Colonial neighborhood guide.
How much do you need to make to afford a house in Franklin-Colonial?
The median home price in Franklin-Colonial is $324,900. If you put a 20% down payment of $65,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,680 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $72K a year to afford the median home price in Franklin-Colonial. The average household income in Franklin-Colonial is $77K.
What are the best public schools in Franklin-Colonial?
The best public schools that serve Franklin-Colonial are:
What are the best private schools in Franklin-Colonial?
The best private schools that serve Franklin-Colonial are:
What are the most popular zip codes in Franklin-Colonial, Roanoke, VA?
The most popular zip codes in Franklin-Colonial, Roanoke, VA include 24014, 24015, 24018, 24019 and 24016.
What are the most popular neighborhoods near Franklin-Colonial, Roanoke, VA?
The most popular neighborhoods near Franklin-Colonial, Roanoke, VA are South Roanoke, Raleigh Court, Grandin Court, Wasena and Cave Spring.

Home Trends in Franklin-Colonial, VA

On average, homes in Franklin-Colonial, Roanoke sell after 56 days on the market compared to the national average of 70 days. The median sale price for homes in Franklin-Colonial, Roanoke over the last 12 months is $232,000, down 17% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$232,000
Median Single Family Sale Price
$324,900
Median 1 Bedroom Sale Price
$250,000
Average Price Per Sq Ft
$210
Number of Homes for Sale
6
Last 12 months Home Sales
27
Months of Supply
2.70
Median List Price
$324,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-17%
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