Cleared, Fenced Lake Community
For Sale
$54,900
137 Tonto Drive, Louisburg, NC 27549
Land, Louisburg, NC
Property SizeContact for details
Lot Size0.28 Acres
Days on Market75
Property Features for 137 Tonto Drive
General Information
Property type
Land
Property subtype
Other
Zoning
FCO R-30
Vegetation
Cleared
Fencing
Chain Link
Subdivision
Lake Royale
Lot features
Cleared, Level, Rectangular Lot, Driveway
Elementary school
Franklin - Edward Best Elementary
Middle school
Franklin - Bunn Middle
High school
Franklin - Bunn High
Special listing conditions
Probate Listing
Standard status
Active
APN
021706
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot P21706
Tax Annual Amount
244
HOA Fee
$1,252 Annually
Legal Description
Lot P21706
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Water source
Public
Listing Agency:
Howard Hanna Allen Tate LAKE ROYALE
(252) 478-5608
Listed By:
Christopher Edward Mink · License #337632
(919) 971-4636
Added: Jun 12
Changed: Aug 19
Last Checked: Aug 25 at 7:06PM
MLS# 10174121
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.
This cleared and fenced double multi-use lot is ready for immediate use in Lake Royale. Water, electric, and septic are installed, supporting a straightforward path toward building or other approved development plans. The property is being sold AS-IS and is subject to a 10-day upset bid period with the Franklin County Court.
Located on the north end of Lake Royale, the lot is near the community pool and lake access. Lake Royale is described as a gated community offering resort-style amenities, including access to a private 345-acre lake for boating and fishing, plus tennis, golf, swimming, beaches, and recreational facilities.
The sale requires a 10% deposit once an offer is accepted.
Located on the north end of Lake Royale, the lot is near the community pool and lake access. Lake Royale is described as a gated community offering resort-style amenities, including access to a private 345-acre lake for boating and fishing, plus tennis, golf, swimming, beaches, and recreational facilities.
The sale requires a 10% deposit once an offer is accepted.
Key Highlights
- Cleared, ready‑to‑use double multi‑use lot in Lake Royale
- Fenced with chain‑link fencing
- Utilities installed/available: public water and electric, plus septic tank
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Cleared and fenced double multi-use lot in Lake Royale with water, electric, and septic already installed.
Where is this residential land & home lot located?
The property is located at 137 Tonto Drive Louisburg, NC.
What is the asking price?
The asking price for this property is $54,900.
What are key features of this property?
This property features: Cleared, ready‑to‑use double multi‑use lot in Lake Royale; Fenced with chain‑link fencing; Utilities installed/available: public water and electric, plus septic tank
