Corner Lot with Water
For Sale
$35,000
132 Cherokee Drive, Louisburg, NC 27549
LAND - Louisburg, NC
Property SizeContact for details
Lot Size0.63 Acres
Days on Market106
Property Features for 132 Cherokee Drive
General Information
Property type
Land
Property subtype
Other
Zoning
FCO R-30
Vegetation
Partially Wooded
Subdivision
Lake Royale
Lot features
Corner Lot, Hardwood Trees, Sloped
View
Lake
Elementary school
Franklin - Edward Best Elementary
Middle school
Franklin - Bunn Middle
High school
Franklin - Bunn High
Standard status
Active
APN
023771
Lot size
0.63 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 964 Lake Royale 132 Cherokee Dr, Lousiburg
Tax Annual Amount
311
Legal Description
Lot 964 Lake Royale 132 Cherokee Dr, Lousiburg
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Listing Agency:
RE/MAX Legacy · RE/MAX International
(919) 435-5353
Listed By:
Mary Klemp
(919) 819-4039
Added: Apr 30
Changed: Aug 3
Last Checked: Aug 13 at 11:06AM
MLS# 10163557
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 0.63-acre corner lot is located in the gated community of Lake Royale in Louisburg, North Carolina. The property benefits from a water view and has been perc tested. The property is located on the west side of the lake, near the entrance. The area between the lot and the water is owned by the Property Owners Association (POA) and is not buildable. POA amenities include tennis courts, a pool, and a beach. The zoning is FCO R-30.
Key Highlights
- Large corner lot with WATER VIEW.
- Located in the gated community of Lake Royale.
- Desirable location on the 'front' (West) side of the lake, closest to the entrance.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
16
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Large corner lot in gated community with lake view.
Where is this residential land & home lot located?
The property is located at 132 Cherokee Drive Louisburg, NC.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Large corner lot with WATER VIEW.; Located in the gated community of Lake Royale.; Desirable location on the 'front' (West) side of the lake, closest to the entrance.
