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A wide concrete driveway at 373 Sagamore Drive in Louisburg leads to two separate green garages with white doors, surrounded by trees and shrubs, with a two-story house visible in the background under a clear, blue sky.A view of a serene lake through tall trees and lush green foliage, with pink flowering bushes in the foreground under a blue sky with scattered clouds.A two-story house at 373 Sagamore Drive in Louisburg with light green siding, white trim, and a gray roof, featuring a double garage and surrounded by landscaped gardens, trees, and a pathway leading to the entrance.Two-story light green house with a covered front porch, surrounded by trees and landscaped garden, including a red-leafed tree and green lawn, under a clear blue sky.A two-story house at 373 Sagamore Drive in Louisburg features light green siding and white trim, surrounded by trees and landscaped bushes on a grassy yard. A stone retaining wall and patio furniture enhance the inviting garden setting.Wooden stairs painted light green descend a forested slope toward a calm lake, surrounded by lush trees and dappled sunlight.Aerial view of a house surrounded by trees near a body of water, with a yellow outline marking the estimated property lines. Text reads “Property lines are estimate.”.A wooden staircase with green railings leads down a leaf-covered slope to a calm lake, surrounded by bare trees and forested shoreline under a partly cloudy sky.A two-story green house with a gray roof sits beside a lake, surrounded by leafless trees and a manicured yard. A driveway leads to an attached double garage, and a detached structure is visible in the foreground.A wooden deck overlooking a calm lake, surrounded by trees with some autumn leaves. The sun is shining through branches, and the sky is partly cloudy.A charming light green house with a wraparound porch sits among blooming azaleas and lush trees in a well-landscaped garden under a bright sky.A cozy porch with a ceiling fan, two chairs, and a view of trees, a lake, and nearby houses. Bushes line the edge of the porch, and sunlight filters through the branches.

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373 Sagamore Drive · Louisburg, NC 27549

Louisburg, NC 27549 · Lake Royale
ActiveSingle FamilyLake RoyaleCypress TownshipFranklin County
$844,000
$300 / sq ftListed Mar 11, 2026
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A wide concrete driveway at 373 Sagamore Drive in Louisburg leads to two separate green garages with white doors, surrounded by trees and shrubs, with a two-story house visible in the background under a clear, blue sky.A view of a serene lake through tall trees and lush green foliage, with pink flowering bushes in the foreground under a blue sky with scattered clouds.A two-story house at 373 Sagamore Drive in Louisburg with light green siding, white trim, and a gray roof, featuring a double garage and surrounded by landscaped gardens, trees, and a pathway leading to the entrance.Two-story light green house with a covered front porch, surrounded by trees and landscaped garden, including a red-leafed tree and green lawn, under a clear blue sky.A two-story house at 373 Sagamore Drive in Louisburg features light green siding and white trim, surrounded by trees and landscaped bushes on a grassy yard. A stone retaining wall and patio furniture enhance the inviting garden setting.

4
Bedrooms

3
Bathrooms

2,817
Square feet

1.07
Acres

1973
Year built
Lake RoyaleCypress TownshipFranklin CountyMLS 10151935

373 Sagamore DriveActive
$844,000 · 4 bd · 3 ba · 2,817 sf

Highlights

  • 245 Feet Of Water Frontage
  • Stacked Stone Fireplace
  • Boathouse With Lift System
  • 1100 Square Foot Workshop
  • Brand-New Roof
  • Two Free Golf Memberships

About this home

Waterfront living at its finest with this gorgeous 4-bedroom, 3-bathroom home situated on a beautifully landscaped expansive 1-acre lot with over 245 feet of water frontage! Enjoy panoramic lake views from so many rooms, just incredible!

The grand living room features a stacked stone fireplace, and a breakfast area, complete with coffered ceilings, Anderson windows, and custom millwork galore. The spacious layout includes two main floor Bedrooms, one with an ensuite full Bathroom, a formal Dining room, a Home Office, as well a large Laundry room with ample storage cabinets. Upstairs you'll find two additional Bedrooms offering room for everyone.

Outdoors, the property is a gardener's dream, with vibrant landscaping and serene lakefront vistas. The deck over Boathouse with lift system is ready for your boat!

The detached 1100 square foot Workshop with multiple rooms, two mini-split HVAC systems, and an additional third-car garage bay offers incredible space for billiards, hobbies, a playroom, and plenty of areas for storage.

Additional highlights include a Brand-New Roof (2025) on both the Home and the detached 1100 square foot Workshop. All of this and it's in close proximity to the community entrance. Located in a gated community with top-tier amenities like boating, fishing, beaches, pickleball, and access to The River Golf Club just minutes away. Each residence also includes two free golf memberships!

Location

Cypress Township · Franklin County · Louisburg, NC

Property history

  1. Price decreasedSource: IDX Doorify MLS #10151935$844,000−$5,000 · −0.6%$300/sqft
  2. Price decreasedSource: IDX Doorify MLS #10151935$849,000−$15,000 · −1.7%$301/sqft
  3. Price decreasedSource: IDX Doorify MLS #10151935$864,000−$15,000 · −1.7%$307/sqft
  4. Listed for saleSource: IDX Doorify MLS #10151935$879,000$312/sqft

Documents

5 documents

MOG(opens in a new tab)Lead Paint Disc(opens in a new tab)Property disclosure(opens in a new tab)Sketch(opens in a new tab)Measurements and Floor Plan 2 of 2(opens in a new tab)

Nearby listings

Near 373 Sagamore Drive · Louisburg, NC 27549

Status

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  • Active (7)
  • Sold (4)
Living area

Living Area

Price

Price

Date range

Date Range
Listings Nearby to Listing

373 Sagamore Drive
Lake Royale · This home
$844,000
2,817
$300
4
1973
1.07
Active
Mar 12, 2026

114 Crow Drive
Lake Royale
$440,000
2,606
$169
3
2025
0.34
Sold
Feb 21, 2026

401 Sagamore Drive
Lake Royale
$530,000
1,907
$278
3
1998
0.39
Active
Apr 26, 2026

123 Blackfoot Drive
Lake Royale
$448,000
2,367
$189
3
2026
0.34
Active
Apr 22, 2026

407 Sagamore Drive
Lake Royale
$475,000
1,440
$330
2
1979
0.61
Sold
Jun 5, 2026

1315 Sagamore Drive
Lake Royale
$975,000
5,503
$177
3
2004
0.62
Sold
Jan 20, 2026

Showing 6 of 11 nearby listings
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Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.

How the price compares

Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.

This home
$300
per sq ft
City of Louisburg
$191
median · this home is 57% above
Cypress Township
$199
median · this home is 51% above
Franklin County
$191
median · this home is 57% above

Sold for
$440,000
Per sq ft
$169
Size
2,606 sq ft
Lot
0.34 acres

114 Crow Drive

Sold Nov 10, 2025
Sold for $404k less211 sq ft smaller$131 lower per sq ftBrand new modern finishes vs. 1970s waterfront

This home on Crow Drive offers a look at what a brand-new, non-waterfront home costs in Lake Royale. While 373 Sagamore Drive has a much higher price tag, you are paying for the premium lakefront location, an acre of land, and that incredible 1,100-square-foot detached workshop. It is a classic trade-off between modern interior luxury and the ultimate waterfront lifestyle with extra hobby space. Looking at the photos, the home for sale has been very well maintained, though it features more traditional honey oak cabinetry compared to the modern white and wood tones in this sold listing.

Bottom line
If you value new construction and modern aesthetics over the water, this sold listing was a great deal, but 373 Sagamore Drive offers amenities you simply cannot find in a standard new build.

Sold for
$799,000
Per sq ft
$287
Size
2,789 sq ft
Lot
1.15 acres

106 Nashua Cove

Sold May 22, 2025
Sold for $45k less29 sq ft smaller$13 lower per sq ftFully renovated kitchen vs. well-maintained original

This property is the best comparison for 373 Sagamore Drive as both are true waterfront retreats on over an acre. The home on Nashua Cove featured a more modern, renovated kitchen and a boat house, yet it sold for a lower price per square foot. However, 373 Sagamore Drive includes a massive detached workshop with its own HVAC, which is a rare and expensive feature that helps bridge that price gap. Visually, the home for sale has more dated finishes in the kitchen and bathrooms, but the exterior workshop is a significant asset.

Bottom line
373 Sagamore Drive appears fairly priced when you factor in the value of the specialized workshop and the expansive lakefront lot.

Sold for
$449,000
Per sq ft
$190
Size
2,367 sq ft
Lot
0.34 acres

1412 Sagamore Drive

Sold Dec 8, 2025
Sold for $395k less450 sq ft smaller$110 lower per sq ftNew construction vs. 1970s waterfront

Located on the same street, this sold listing highlights the massive difference between interior lots and waterfront lots. While the home on 1412 Sagamore Drive is brand new with quartz counters and vaulted ceilings, it lacks the lake views and the substantial detached garage found at 373 Sagamore Drive. The price difference is steep, but it reflects the high demand for direct water access and multi-functional outbuildings. The home for sale offers a much more private, expansive feel than this newer, smaller home.

Bottom line
373 Sagamore Drive is positioned well for a buyer who prioritizes the lakefront lifestyle and needs extensive workshop space over a modern interior.
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Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database.

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Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.