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.
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Doorify MLS #10162858$530,000−$9,900 · −1.8%$278/sqft Doorify MLS #10162858$539,900$283/sqftNear 401 Sagamore Drive · Louisburg, NC 27549
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.
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.
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.
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.
This level of clarity is how we work with every buyer and seller.
When you partner with Second Story Realty, you get a team that studies the market deeply, explains the “why” behind the numbers, and guides you with transparency at every step.
You can contact us to talk strategy, ask questions, or schedule a showing, we will help you take the next step with confidence.
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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.
