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Aerial view of a lakeside property with a wooden dock and boathouse, lush green trees, terraced landscaping, and a house set back from the water among the trees.A light gray single-story house with white trim, surrounded by lush green trees. A curved driveway leads to the entrance, and there's a glimpse of water visible through the trees in the background.Single-story house with light gray siding, stone accents, and a white front door with an oval window. A colorful rooster flag hangs near the entrance, and red flowers are planted along the front wall. Trees cast shadows on the driveway.Bright living room with beige sofas, a glass coffee table, and a ceiling fan. Large windows and glass doors open to a deck with trees outside. A stone fireplace and TV are in one corner, and a kitchen is in the background.A cozy living room with light-colored sofas, a glass coffee table, and wood flooring. A ceiling fan hangs above. The space opens to a kitchen with bar seating and wooden cabinets. Decor and plants add warmth throughout.Bright kitchen and dining area with a sage green table, stools, wood cabinets, track lighting, plantation shutters, a metal wine rack, and colorful rooster decor.A kitchen with wooden cabinets, stainless steel appliances, a double-door fridge, a microwave, an oven, a dishwasher, a double sink under a window with white shutters, and tiled floors. Countertops hold small appliances and decor.A cozy bedroom with a wooden floor, four-poster bed with colorful bedding, a ceiling fan, vintage furniture, lamps, flowers, and large windows opening to a deck with greenery outside.

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401 Sagamore Drive · Louisburg, NC 27549

Louisburg, NC 27549 · Lake Royale
ActiveSingle FamilyLake RoyaleCypress TownshipFranklin County
$530,000
$278 / sq ftListed Apr 26, 2026
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Aerial view of a lakeside property with a wooden dock and boathouse, lush green trees, terraced landscaping, and a house set back from the water among the trees.A light gray single-story house with white trim, surrounded by lush green trees. A curved driveway leads to the entrance, and there's a glimpse of water visible through the trees in the background.Single-story house with light gray siding, stone accents, and a white front door with an oval window. A colorful rooster flag hangs near the entrance, and red flowers are planted along the front wall. Trees cast shadows on the driveway.Bright living room with beige sofas, a glass coffee table, and a ceiling fan. Large windows and glass doors open to a deck with trees outside. A stone fireplace and TV are in one corner, and a kitchen is in the background.A cozy living room with light-colored sofas, a glass coffee table, and wood flooring. A ceiling fan hangs above. The space opens to a kitchen with bar seating and wooden cabinets. Decor and plants add warmth throughout.

3
Bedrooms

3
Bathrooms

1,907
Square feet

0.39
Acres

1998
Year built
Lake RoyaleCypress TownshipFranklin CountyMLS 10162858

401 Sagamore DriveActive
$530,000 · 3 bd · 3 ba · 1,907 sf

Highlights

  • Private Boathouse
  • Panoramic Main Water Views
  • Fully Finished Walkout Basement
  • Gas Log Fireplace
  • Expansive Upper Deck
  • Generator

About this home

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.

Location

Cypress Township · Franklin County · Louisburg, NC

Property history

  1. Price decreasedSource: IDX Doorify MLS #10162858$530,000−$9,900 · −1.8%$278/sqft
  2. Listed for saleSource: IDX Doorify MLS #10162858$539,900$283/sqft

Documents

4 documents

MOG(opens in a new tab)Septic Permit(opens in a new tab)Property disclosure(opens in a new tab)Floor Plans(opens in a new tab)

Nearby listings

Near 401 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

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

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

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

135 Seneca Drive
Lake Royale
$399,000
1,665
$240
3
2026
0.34
Active
Jul 12, 2026

421 Sagamore Drive
Lake Royale
$627,000
2,138
$293
3
1993
0.96
Sold
Apr 8, 2026

114 Crow Drive
Lake Royale
$440,000
2,606
$169
3
2025
0.34
Sold
Feb 21, 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
$278
per sq ft
City of Louisburg
$191
median · this home is 46% above
Cypress Township
$199
median · this home is 40% above
Franklin County
$191
median · this home is 46% above

Sold for
$510,000
Per sq ft
$301
Size
1,697 sq ft
Lot
0.88 acres

220 Choctaw Drive

Sold Jun 30, 2025
Sold for $20k less210 sq ft smaller$23 higher per sq ftWell-maintained waterfront

Comparing two waterfront properties helps us see the true value of the lakefront lifestyle. While this sold listing on Choctaw Drive is a bit older and smaller, it actually commanded a higher price per square foot than the home for sale. 401 Sagamore Drive offers more finished living space with its walkout basement and a slightly newer build date, which makes its current asking price appear very competitive for the water.

Bottom line
If you want to be on the water, 401 Sagamore Drive provides more square footage and a newer structure for your money than this recent sale.

Sold for
$386,000
Per sq ft
$186
Size
2,078 sq ft
Lot
0.39 acres

209 Choctaw Drive

Sold May 8, 2025
Sold for $144k less171 sq ft larger$92 lower per sq ftModern 2022 build

This is a classic trade-off between a modern interior and a premium location. This home on Choctaw Drive is nearly brand new with trendy white cabinets and granite, but it lacks the direct lake access found at 401 Sagamore Drive. For a buyer prioritizing the water and a private boathouse over a modern color palette, the price gap for the home for sale makes sense for the area.

Bottom line
The price difference here is all about the lakefront; you are choosing between a 2022 interior or a private dock and panoramic water views.

Sold for
$370,000
Per sq ft
$203
Size
1,820 sq ft
Lot
0.45 acres

325 Shawnee Drive

Sold Jan 7, 2026
Sold for $160k less87 sq ft smaller$75 lower per sq ftBrand new 2025 build

It is helpful to see what a brand-new home costs in the community, even if it isn't on the water. This property on Shawnee Drive offers that fresh, new-construction feel but sits on a wooded lot. 401 Sagamore Drive carries a significant premium for its panoramic lake views and private dock, which is standard for true lakefront real estate in this resort community.

Bottom line
While this new build is beautiful, it cannot compete with the rare lakefront location and finished walkout basement offered at 401 Sagamore Drive.
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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.