Redwood Franklin, situated in the charming Franklin City of Virginia, offers a mix of suburban tranquility and small-town appeal. Known for its strong sense of community, rich historical heritage, and proximity to outdoor attractions, Redwood Franklin is an ideal place for families, young professionals, and retirees alike. This article highlights the best residential areas in Redwood Franklin, focusing on their unique characteristics, housing options, and average prices.
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Downtown Franklin

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Downtown Franklin serves as the cultural and commercial hub of the city, with an array of shops, restaurants, and local events. It's the perfect area for those who appreciate a vibrant neighborhood atmosphere and proximity to amenities.
Characteristics of the Downtown Franklin
* Culture: Rich history with local art galleries and historical landmarks.
* Transportation: Well-connected by walking paths; public transport options are limited.
* Services: Grocery stores, restaurants, cafes, and community events.
* Environment: Lively and community-oriented with seasonal festivals.
Housing Options in the Downtown Franklin
Historic homes, Newer townhouses, Apartments.
Average Home Prices in the Downtown Franklin
* Buying: $210,000 – $320,000
* Renting: $1,200 – $1,800/month
Lakeview Estates

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Lakeview Estates is a picturesque neighborhood located near Lake Meherrin, offering a serene environment with beautiful views and numerous recreational opportunities.
Characteristics of the Lakeview Estates
* Culture: Focused on outdoor activities and family gatherings.
* Transportation: Ideal for car owners; limited public transport.
* Services: Local parks, fishing spots, and playgrounds.
* Environment: Quiet, family-friendly, with lush green spaces.
Housing Options in the Lakeview Estates
Single-family homes, Modern townhouses.
Average Home Prices in the Lakeview Estates
* Buying: $250,000 – $400,000
* Renting: $1,300 – $1,900/month
Franklin Meadows

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Franklin Meadows combines suburban comfort with easy access to city amenities. It's perfect for families and individuals looking for a welcoming community feel.
Characteristics of the Franklin Meadows
* Culture: Community events and activities are common.
* Transportation: Good road access; public transport available but limited.
* Services: Shopping centers, schools, and recreational facilities.
* Environment: Friendly and inclusive, with a sense of belonging.
Housing Options in the Franklin Meadows
Single-family homes, Duplexes.
Average Home Prices in the Franklin Meadows
* Buying: $220,000 – $350,000
* Renting: $1,100 – $1,700/month
Oakwood Grove

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Oakwood Grove features spacious properties and is known for its well-maintained parks and community playgrounds, appealing primarily to families.
Characteristics of the Oakwood Grove
* Culture: Family-centric with emphasis on outdoor play and activities.
* Transportation: Car necessary for commuting, but with neighborhood pathways.
* Services: Schools, healthcare facilities, and recreational areas.
* Environment: Peaceful, ideal for families with children.
Housing Options in the Oakwood Grove
Larger single-family homes, Townhouses.
Average Home Prices in the Oakwood Grove
* Buying: $280,000 – $450,000
* Renting: $1,400 – $2,000/month
Cypress Bend

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Cypress Bend is an upscale neighborhood known for its luxurious homes and scenic environment. This area is ideal for those seeking an elegant lifestyle near nature.
Characteristics of the Cypress Bend
* Culture: High-end living with a focus on nature and relaxation.
* Transportation: Car recommended; nearby highways for easy access.
* Services: Fine dining, boutique shops, and outdoor clubs.
* Environment: Sophisticated and peaceful, surrounded by trees and water.
Housing Options in the Cypress Bend
Luxury single-family homes, Waterfront properties.
Average Home Prices in the Cypress Bend
* Buying: $400,000 – $600,000
* Renting: $2,000 – $3,500/month
Pleasant Hill

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Pleasant Hill is known for its friendly community atmosphere, diverse population, and active neighborhood associations. It’s a great choice for first-time homebuyers and families.
Characteristics of the Pleasant Hill
* Culture: Culturally diverse with community involvement.
* Transportation: Good access to main roads; nearby public transportation.
* Services: Meals, local services, schools, and community events.
* Environment: Welcoming and warm, with an active social scene.
Housing Options in the Pleasant Hill
Affordable single-family homes, Townhomes.
Average Home Prices in the Pleasant Hill
* Buying: $180,000 – $280,000
* Renting: $900 – $1,400/month
Frequently Asked Questions About the Best Residential Areas in Redwood Franklin:
The best neighborhoods include Downtown Franklin, Lakeview Estates, Franklin Meadows, Oakwood Grove, Cypress Bend, and Pleasant Hill.
Lakeview Estates and Oakwood Grove are considered the most family-friendly with ample parks and recreational activities.
Cypress Bend is known for its upscale, luxury homes and scenic surroundings.
Home prices vary by neighborhood, averaging between $180,000 and $600,000, depending on the location and type of property.
Public transportation is limited, so having a car is recommended for commuting and travel.
Downtown Franklin provides the best access to amenities, including shops, restaurants, and recreational activities.
Yes, the area is served by good public schools, especially in family-oriented neighborhoods like Oakwood Grove and Franklin Meadows.
Residents can enjoy parks, hiking, fishing at Lake Meherrin, and various community events throughout the year.
Redwood Franklin is generally considered a safe and friendly place to live, with a welcoming community.
The rental market offers a range of options from apartments to single-family homes, with prices depending on location and size.
Conclusion on the Best Residential Areas in Redwood Franklin:
Redwood Franklin, VA, provides a diverse selection of residential areas catering to various lifestyles and preferences. Whether you're drawn to the vibrant atmosphere of Downtown Franklin, the outdoor tranquility of Lakeview Estates, the luxury of Cypress Bend, or the family-friendly environment of Oakwood Grove, there’s a neighborhood to fit your needs. This city’s welcoming community, quality amenities, and recreational offerings make it an attractive choice for anyone considering a move to this charming Southern town.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.