Reids Place

Affordable New Construction In Hampton Roads- Stylish 3 bedroom Townhomes with Easy Commutes

From

$259,990

Est. Payment

$1,650 /mo

Own a home at Reids Place
Temporary Interest Rate Buydown Subsidy Available.
Year 1: Payment of $1,650, based on a 4.375% Interest Rate, 6.723% APR
Year 2: Payment of $1,805, based on a 5.375% Interest Rate
Year 3-30: Payment of $1,969, based on a 6.375% Interest Rate

Principal & Interest

$1,275

Property Tax

$217

Hazard Insurance

$43

Mortgage Insurance

$115

Total estimated monthly payment

$1,650

Financing example based on a FHA 30 year fixed loan product with a 2-1 buydown. Based on a sales price of $259,990, a loan amount of $255,440 and a 3.5% down payment. Principal and interest payment of $1,275/month with a rate of 4.375% for year one, $1,430/month with a rate of 5.375% for year two, $1,594/month with a rate of 6.375% for year three and an APR of 6.723%. Rates come at a cost of 0.125% of the loan amount. Real estate taxes are estimated at $217 per month, mortgage insurance is estimated at $115 per month and hazard insurance is estimated at $43 per month for a total monthly payment of $1,650 for year one, $1,805 for year two and $1,969 for years 3-30. Interest rate is based on a 30 day rate lock. Rates and APR on loan programs may vary based on credit criteria, final amount of down payment and are subject to current market pricing. Maximum product permissible Interested Party Contribution Limits and QM points/fee limits apply. Certain restrictions may apply. Prices, offers and financing are subject to change without notice. Financing is available through NVR Mortgage Finance, Inc. NMLS ID# 1127.

Call Today

757.209.4560

Hurry—Special pricing for the next 2 sales only! $22K+ savings. Daily Open House from 12pm-6pm!

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We are open by appointment only

129 Suburban Dr.
Suffolk, VA 23434

MON12:00PM - 6:00PM
TUE10:00AM - 5:00PM
WED10:00AM - 6:00PM
THURClosed
FRIClosed
SAT2:30PM - 6:00PM
SUN12:00PM - 5:00PM

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129 Suburban Dr. Suffolk, VA 23434

MON12PM - 6PM
TUE10AM - 5PM
WED10AM - 6PM
THURClosed
FRIClosed
SAT2:30PM - 6PM
SUN12PM - 5PM

FRIClosed
SAT2:30PM - 6PM
SUN12PM - 5PM

We are open by appointment only

Schedule a Visit

Please fill out your preferred day and time and we will contact you to confirm your appointment.

New Townhomes in Suffolk, VA

3 bedroom Townhomes Close to Military Bases Closing Costs Covered Central location

Reids Place — Your First Home Starts Here

Stop Renting. Start Owning.

Reids Place makes homeownership simple. These brand-new 3 bedroom, 2+ bathroom townhomes feature open-concept layouts, modern kitchens with stainless steel appliances, and a washer and dryer included for everyday convenience.

Offering flexible bedrooms for a home office, nursery, or guests and a private owner’s suite with a walk-in closet and en-suite bath. You’ll have the space you need as life grows.

Close to Everything You Need

Reids Place is just 5–10 minutes from favorite local spots like Amici’s Pizza Café, Harper’s Table, and Brighter Day Café, plus grocery stores like Kroger and Food Lion. With Routes 58 and 460 nearby, commuting and weekend trips are a breeze.

Explore Suffolk’s Charm

From downtown strolls to nature escapes, you’ll be near trails, lakes, and parks—including the Great Dismal Swamp and Bennett’s Creek Park.

Let us show you how easy it is to purchase your brand-new home with us.

View Site Plan

Available Home Types in Reids Place

Starting From $1,650/mo.

Beethoven

From $259,990+

3 Bedroom

1,280 Sq. Ft.

2+ Bathroom

Move in Without the Wait

Looking to settle into your new home soon? Our Quick Move-Ins make it simple to own a brand new home without the timeline of new home construction. Check out what's available—you might be closer to home than you think.

Learn More about our Quick Move-Ins

Our team will be in touch to provide more details or schedule a tour of a quick move-in home.

Beethoven

$304,990

Available in June 2026

3 Bed

2 Bath

1,280 Sq.Ft.

What’s Included When You Buy a New Home

Building new construction means clarity from day one - so you know exactly what’s included, how the process works, and who’s guiding you every step of the way.

The floorplan of your choice, thoughtfully designed to fit your lifestyle
A home built with quality materials and backed by third-party inspections
Designer Interior collections that simplify personalizing your home
A comprehensive home warranty for added peace of mind
Smart home and energy-efficient features provide convenience and long-term savings
A dedicated Community Team committed to delivering an exceptional experience

We'll Guide You Home, Every Step of the Way

Building a home is a big milestone, and we're here to make it easy. At Ryan Homes, we'll guide you through every step, answer your questions, and keep things simple. You can focus on what matters—getting ready to enjoy your new home.

Take the Next Step

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New homeowners celebrating their Ryan Homes purchase, holding branded signs and a key-shaped prop

Couple celebrating new home purchase with Ryan Homes, holding a 'HOME' sign

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Schedule a Visit

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