Waterfront Lot in Gated
New
For Sale
$140,000
1631 Sagamore Drive, Louisburg, NC 27549
LAND - Louisburg, NC
Lot Size0.23 Acres
Days on Market1
Property Features for 1631 Sagamore Drive
General Information
Property type
Land
Property subtype
Other
Zoning
R-30
Subdivision
Lake Royale
Lot features
Water Access Comm
View
Lake
Elementary school
Edward Best
Middle school
Bunn
High school
Bunn
Directions
From Bunn, Take Baptist Church Rd. to Sledge Rd. Turn Right, then left onto Cheyenne Dr. Right onto EAhle Dr., then left onto Sagamore. Property on Right.
Standard status
Active
APN
2831468272
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Lot 786 Franklin Co. BM 12-63
HOA Fee
$1,260 Annually
Legal Description
Lot 786 Franklin Co. BM 12-63
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Water front
1
Listing Agency:
Dallas Pearce Realty
(919) 404-1405
Listed By:
Dallas Pearce · License #37675
(919) 404-1405
Added: Jul 31
Last Checked: Jul 31 at 5:06PM
MLS# 100593046
Copyright © 2026 Hive 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.
Build-ready waterfront living awaits on this 0.23-acre lot on Lake Royale in a gated community. The property includes a cleared area and is set up with a septic tank, with water available to the site.
Community amenities are close by, with the public remarks noting it is just steps from the community pool. The lot is zoned R-30, providing a residential land-use designation for planning.
With its waterfront setting and existing site utilities (water and septic), this property offers a straightforward option for buyers looking to establish a home site within the Lake Royale community.
Community amenities are close by, with the public remarks noting it is just steps from the community pool. The lot is zoned R-30, providing a residential land-use designation for planning.
With its waterfront setting and existing site utilities (water and septic), this property offers a straightforward option for buyers looking to establish a home site within the Lake Royale community.
Key Highlights
- 0.23‑acre waterfront lot on Lake Royale
- Gated community with cleared area
- Just steps from the community pool
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
20
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?
Waterfront Land - Waterfront lot in a gated community with a cleared area and water service, zoned R-30.
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: 0.23‑acre waterfront lot on Lake Royale; Gated community with cleared area; Just steps from the community pool
