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Waterfront Land Lot
New
For Sale
$140,000

1631 Sagamore Drive, Louisburg, NC 27549

LAND - Louisburg, NC

Lot Size0.23 Acres
Days on Market3

Property Features for 1631 Sagamore Drive

General Information

Property type Land
Property subtype Other
Zoning R-30
Vegetation Cleared
Subdivision Lake Royale
Lot features Cleared, Waterfront
View Lake
Elementary school Franklin - Edward Best Elementary
Middle school Franklin - Bunn Middle
High school Franklin - Bunn High
Standard status Active
APN 2831468272
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Franklin
Tax Annual Amount 608
HOA Fee $1,260 Annually
Legal Description Franklin

Utilities

Utilities Water Available
Sewer type Septic Tank
Water front features Lake
Water front 1
Listing Agency: Dallas Pearce Realty
Listed By: Dallas Pearce · License #37675
Added: Jul 29 Changed: Jul 31 Last Checked: Jul 31 at 5:06PM
MLS# 10183652

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 waterfront lot is located on Lake Royale and includes a septic tank and a designated cleared area. The site is served by water availability, making it well-suited for buyers looking for a lake-adjacent homesite.

Zoned R-30, the property spans 0.23 acres and provides waterfront frontage on Lake Royale. Public utilities include water availability, with sewer provided via septic tank.

With Lake Royale waterfront access and essential utilities already identified, the lot offers a straightforward foundation for a future residential build consistent with the property’s zoning.

Key Highlights

  • Waterfront lot on Lake Royale
  • Cleared area
  • Septic tank for sewer

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply Storage Facility Grocery & Convenience Store Computer & Electronic Repair Auto Repair Shop Real Estate Agency

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

20
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
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?
Waterfront Land - Cleared waterfront lot with water available and septic tank in R-30 zoning
Where is this waterfront land located?
The property is located at 1631 Sagamore Drive Louisburg, NC.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Waterfront lot on Lake Royale; Cleared area; Septic tank for sewer
More about this property
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