383 Sagamore Drive · Louisburg, NC 27549

Louisburg, NC 27549 · Lake Royale
ActiveSingle FamilyLake RoyaleCypress TownshipFranklin County
$649,000
$249 / sq ftListed Jun 19, 2026

3
Bedrooms

3
Bathrooms

2,605
Square feet

0.37
Acres

2002
Year built
Lake RoyaleCypress TownshipFranklin CountyMLS 10175138

383 Sagamore DriveActive
$649,000 · 3 bd · 3 ba · 2,605 sf

Highlights

  • Marble Countertops
  • Breathtaking Lake Views
  • Wet Bar
  • Cozy Fireplace
  • Gated Community
  • Stainless Steel Appliances

About this home

Welcome to your private waterfront retreat in the gated community of Lake Royale! This beautifully updated home offers breathtaking lake views and the perfect blend of comfort, style, and resort-style living. With 3 bedrooms, 3 full baths, and over 2,500 square feet of living space, this home is designed for both everyday enjoyment and entertaining.

The updated kitchen features elegant marble countertops, High End stainless steel appliances, and ample workspace for preparing meals while enjoying scenic water views. NO CARPETS! Throughout the home, you'll find luxury commercial-grade laminate flooring, providing both durability and modern appeal, updated fans and fixtures. Tastefully painted interior offering a warm and inviting atmosphere.

The spacious floor plan offers generous living and gathering areas, highlighted by a cozy fireplace and expansive windows that capture stunning views of the lake. The updated bathrooms add a touch of luxury and comfort, while the finished lower level provides flexible space for guests, recreation, a home office, or multi-generational living, including a wet bar.

Step outside to enjoy multiple outdoor living spaces, perfect for entertaining, relaxing, or simply taking in the peaceful waterfront setting. Whether you're boating, fishing, kayaking, or enjoying one of Lake Royale's private beaches, every day feels like a vacation.

Welcome to your private waterfront retreat in the gated community of Lake Royale! This beautifully updated home offers breathtaking lake views and the perfect blend of comfort, style, and resort-style living. With 3 bedrooms, 3 full baths, and over 2,500 square feet of living space, this home is designed for both everyday enjoyment and entertaining.

The updated kitchen features elegant marble countertops, High End stainless steel appliances, and ample workspace for preparing meals while enjoying scenic water views. NO CARPETS! Throughout the home, you'll find luxury commercial-grade laminate flooring, providing both durability and modern appeal, updated fans and fixtures. Tastefully painted interior offering a warm and inviting atmosphere.

The spacious floor plan offers generous living and gathering areas, highlighted by a cozy fireplace and expansive windows that capture stunning views of the lake. The updated bathrooms add a touch of luxury and comfort, while the finished lower level provides flexible space for guests, recreation, a home office, or multi-generational living, including a wet bar.

Step outside to enjoy multiple outdoor living spaces, perfect for entertaining, relaxing, or simply taking in the peaceful waterfront setting. Whether you're boating, fishing, kayaking, or enjoying one of Lake Royale's private beaches, every day feels like a vacation.

Location

Cypress Township · Franklin County · Louisburg, NC

Property history

  1. Price decreasedSource: IDX Doorify MLS #10175138$649,000−$10,000 · −1.5%$249/sqft
  2. Listed for saleSource: IDX Doorify MLS #10175138$659,000$253/sqft

Nearby listings

Near 383 Sagamore Drive · Louisburg, NC 27549

Status

Statuses-buttons
  • All
  • Sold (7)
Living area

Living Area

Price

Price

Date range

Date Range
Listings Nearby to Listing

383 Sagamore Drive
Lake Royale · This home
$649,000
2,605
$249
3
2002
0.37
Active
Jun 19, 2026
401 Sagamore Drive
Lake Royale
$530,000
1,907
$278
3
1998
0.39
Active
Apr 26, 2026
373 Sagamore Drive
Lake Royale
$849,000
2,817
$301
4
1973
1.07
Active
Mar 12, 2026
407 Sagamore Drive
Lake Royale
$475,000
1,440
$330
2
1979
0.61
Sold
Jun 5, 2026
114 Crow Drive
Lake Royale
$440,000
2,606
$169
3
2025
0.34
Sold
Feb 21, 2026
135 Seneca Drive
Lake Royale
$399,000
1,665
$240
3
2026
0.34
Active
Jul 12, 2026

Showing 6 of 7 nearby listings

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
$249
per sq ft
City of Louisburg
$193.50
median · this home is 29% above
Cypress Township
$200.50
median · this home is 24% above
Franklin County
$193
median · this home is 29% 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 $209k less1 sq ft larger$80 lower per sq ftBrand new 2025 custom build

Comparing the home for sale to this brand-new build on Crow Drive highlights the significant premium placed on waterfront access. While 114 Crow Drive offers modern 2025 finishes, a two-car garage, and designer fixtures, 383 Sagamore Drive commands a higher price point because of its rare position directly on the water. It is a classic trade-off between having a brand-new interior versus the lifestyle and views of a private lakefront retreat.

Bottom line
If you value a move-in-ready new build, the home on Crow Drive is a great benchmark, but for those seeking the lakefront experience, 383 Sagamore Drive appears fairly priced for its location.

Sold for
$350,000
Per sq ft
$176
Size
1,985 sq ft
Lot
0.34 acres

108 Nakoma Drive

Sold Aug 22, 2025
Sold for $299k less620 sq ft smaller$73 lower per sq ftNew construction with modern quartz

This home on Nakoma Drive is a much smaller, interior lot option compared to the home for sale. While the finishes in this sold listing are very modern, including quartz countertops and designer lighting, it lacks the expansive square footage and the finished lower level found at 383 Sagamore Drive. The price gap reflects both the difference in total living space and the high demand for waterfront property in this community.

Bottom line
The home for sale offers significantly more living space and a superior lot, making the higher price point make sense for the area.

Sold for
$385,000
Per sq ft
$185
Size
2,077 sq ft
Lot
0.4 acres

123 Wichita Way

Sold Oct 22, 2025
Sold for $264k less528 sq ft smaller$64 lower per sq ftNewer 2025 build with stone fireplace

123 Wichita Way represents a high-quality interior build with a lovely stone fireplace and modern kitchen, but it serves a different buyer than the home for sale. 383 Sagamore Drive provides a unique waterfront lifestyle with a finished basement that adds a lot of functional value for guests or recreation. Even though this sold listing is brand new, the location of the home for sale on the water is the primary driver of its value.

Bottom line
For buyers who prioritize the lakefront, 383 Sagamore Drive is positioned well even when compared to newer interior homes.

Take the Next Step…

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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.