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Lake Royale Residential Land
For Sale
$80,000

119 & 121 Osage Drive, Louisburg, NC 27549

LAND - Louisburg, NC

Lot Size0.92 Acres
Days on Market482

Property Features for 119 & 121 Osage Drive

General Information

Property type Land
Property subtype Other
Zoning FCO R-30
Vegetation Wooded
Subdivision Lake Royale
Elementary school Franklin - Edward Best Elementary
Middle school Franklin - Bunn Middle
High school Franklin - Bunn High
Standard status Active
APN 021533
Lot size 0.92 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Prf 1 Slide 126 Adj Topo
Tax Annual Amount 149
HOA Fee $1,192 Annually
Legal Description Prf 1 Slide 126 Adj Topo

Utilities

Utilities Electricity Available
Listing Agency: Smith Pearson Realty
Listed By: Pandora Pearson
Added: Apr 7, 2025 Changed: Jul 1 Last Checked: Aug 1 at 5:06AM
MLS# 10087647

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Residential lots are available in the Lake Royale Community. The community provides amenities such as a basketball court, beach access, boat deck, clubhouse, gated access, golf course, playground, pool, shuffleboard court, and tennis courts. The property consists of two adjoining lots totaling approximately 0.92 acres. The lots may be sold together or separately. The zoning is FCO R-30.

Key Highlights

  • Lake Royale Community: Enjoy access to a pool, golf course, tennis courts, and clubhouse.
  • Gated Community: Provides enhanced security and privacy.
  • Beach Access and Boat Deck: Offers recreational opportunities on the lake.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Garden Center Daycare Center Discount Store Nursing Home Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 27549, NC

24,558
Population
11,326
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
85%
High-School Grad
231.7 sq mi
ZIP Area
106
Density / Sq Mi
$63,534
Median Household Income
$36,782
Median Earnings
$954
Median Rent
$191,400
Median Home Value

Market

Properties on Market for Land in Louisburg

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Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Residential lots in Lake Royale Community with many amenities.
Where is this land located?
The property is located at 119 & 121 Osage Drive Louisburg, NC.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Lake Royale Community: Enjoy access to a pool, golf course, tennis courts, and clubhouse.; Gated Community: Provides enhanced security and privacy.; Beach Access and Boat Deck: Offers recreational opportunities on the lake.
More about this property
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