$530,000
 $2,845 est/mo Sourced by Back At You

401 Sagamore Drive,Louisburg, NC 27549

Louisburg, NC 27549

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Description

PRICE REDUCED $10,000. OWNER MOTIVATED Exceptional and Very Rare Opportunity to own a true lakefront ranch with a Walkout Basement, Private Boathouse, and Panoramic Main Water Views in the highly sought-after gated resort community of Lake Royale --just a short drive to the Triangle. Bring your boat, jet skis, and golf clubs aqnd fishing poles. This well-maintained home offers three bedrooms on the main level and a fully finished walkout basement featuring new flooring, a full bath, and a versatile flex room ideal for guests, a home office, or additional living space. The open-concept living and dining area is anchored by a cozy gas log fireplace, while the step-saver kitchen comes complete with all appliances. Step outside to an expansive upper deck perfect for entertaining, with a patio below that leads to easy access to the water. The beautifully landscaped yard guides you to your private boathouse with lift and dock--ready for endless days on the lake. A generator adds peace of mind year-round. Lake Royale offers resort-style amenities including a 3.25-mile-long lake for boating and fishing, an 18-hole professionally designed golf course, pool, private police force, pickleball, tennis, basketball, volleyball, disc golf, beaches, etc., and a full calendar of community activities for all ages.

Details

MLS #10162858
Listing TypeFor Sale
StyleHouse
HOA Dues$104
Sub-TypeResale
StatusActive
Year1998
Days On Site184
Listing Provided ByHoward Hanna Allen Tate LAKE ROYALE | Dan Gunther

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet1,907
BasementY
Story(s)1
Acreage0.39
Golf CourseYes
Water FrontLake, Lake Front, Waterfront
Property ViewLake, Panoramic, Water

Interior

Interior FeaturesCeiling Fan(s), Kitchen Island, Living/Dining Room Combination, Walk-In Closet(s)
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCeiling Fan(s), Central Air
Fireplace FeaturesGas Log, Living Room
Fireplaces Total1
Fireplace Yes / NoYes
Laundry FeaturesIn Hall, Main Level
Rooms Total7

Exterior

Exterior FeaturesDock
RoofShingle, See Remarks
Foundation DetailsSee Remarks
Lot FeaturesGentle Sloping, Lake on Lot, Landscaped, Waterfront, Boat Dock, Boat Lift, Boat Slip, Bulkhead, Deeded Waterfront, Water Access Community, Waterfront Community
Waterfront FeaturesLake, Lake Front, Waterfront
Community FeaturesClubhouse, Fishing, Gated, Golf, Lake, Park, Playground, Pool, Restaurant, Tennis Court(s)
ViewLake, Panoramic, Water
Construction MaterialsVinyl Siding
Security FeaturesGated Community, Gated with Guard, Security System Owned, Smoke Detector(s)
Patio And Porch FeaturesDeck, Front Porch

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesConcrete, Driveway, No Garage, Parking Pad

Location

Association AmenitiesBasketball Court, Beach Access, Boating, Clubhouse, Fitness Center, Gated, Golf Course, Maintenance, Meeting Room, Playground, Pool, Powered Boats Allowed, Recreation Facilities, Security, Shuffleboard Court, Sport Court, Tennis Court(s)
Community FeaturesClubhouse, Fishing, Gated, Golf, Lake, Park, Playground, Pool, Restaurant, Tennis Court(s)
Waterfront FeaturesLake, Lake Front, Waterfront

Utilities

UtilitiesElectricity Connected, Septic Connected, Propane
SewerSeptic Tank

Taxes

Tax Assessed Value449620
Tax Legal Description2830-69-0428
Tax Year2025
Tax Map Number827

Area Information

StateNC
CountyFranklin
CityLouisburg
Zip Code27549
AreaFranklin
Community NameLake Royale
School DistrictFranklin - Bunn High
Elementary SchoolFranklin - Edward Best Elementar
High SchoolFranklin - Bunn High
Listing VS Median (in Lake Royale)
Price:
$530,000
low | high
Med:
$375,000
79.245283018868% of Average
sqft:
1,907
low | high
Med:
1,764
57.524908232826% of Average
$ / sqft:
$278
low | high
Med:
$213
73.48706677683% of Average
On site:
184
low | high
Med:
47
100% of Average
Sourced by Back At You

Market Activity 27549

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Learn More About This Property

StateNC
CountyFranklin
CityLouisburg
Zip Code27549
AreaFranklin
Community NameLake Royale
School DistrictFranklin - Bunn High
Elementary SchoolFranklin - Edward Best Elementar
High SchoolFranklin - Bunn High
Listing VS Median (in Lake Royale)
Price:
$530,000
low | high
Med:
$375,000
79.245283018868% of Average
sqft:
1,907
low | high
Med:
1,764
57.524908232826% of Average
$ / sqft:
$278
low | high
Med:
$213
73.48706677683% of Average
On site:
184
low | high
Med:
47
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $397K - $662K
sqft: 1,000 - 2,000
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135 Seneca Drive Property Photo 1
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135 Seneca Drive
Louisburg, NC 27549
Listing Updated: September 29, 2026 at 9:30:25 AM PDT