Skip to content
Active
$438,000 Est. $3,048/mo — Get pre-qualified
8beds 8baths 4,762sq ft 1.05acres

22 Carriage Circle · Louisburg, NC 27549

View map

Back on the market and offering another opportunity to make this unique Lake Royale investment yours. Discover a rare investment opportunity in Lake Royale, a desirable gated community known for its natural beauty and resort-style amenities. This four-unit building offers spacious layouts, with each unit featuring two bedrooms and two bathrooms across approximately 1,200 square feet. Several units are ready for improvements, creating an excellent opportunity to add additional value. Beyond the property itself, residents enjoy access to all that Lake Royale has to offer, including sandy beaches, boat ramps, docks, a clubhouse, pool, fitness center, tennis and basketball courts, miniature golf, parks, and walking trails. The community offers year-round activities and a welcoming atmosphere with a strong sense of connection among neighbors. With its blend of recreation, convenience, and security, Lake Royale continues to be one of the area's most sought-after destinations, making this property an excellent choice for investors seeking long-term appeal.

Features & Amenities

Living Area4,762 Sq.Ft.
Bedrooms8
Baths8
HeatingElectric
CoolingCeiling Fan(s), Central Air
FlooringCarpet, Linoleum, Tile
FireplaceFamily Room
AppliancesDishwasher, Electric Range, Electric Water Heater, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s)
Interior FeaturesCathedral Ceiling(s), Ceiling Fan(s), Kitchen Island, Laminate Counters, Shower Only, Walk-In Shower
Exterior FeaturesBalcony, Rain Gutters
StyleTransitional
Year Built1986
ConstructionBrick, Masonite
RoofShingle
FoundationSlab
ParkingParking Lot, Paved
StatusActive
Lot Size1.05 Acres
SubdivisionLake Royale
CountyFranklin
Property TypeResidential Income
Property SubTypeQuadruplex
Last UpdatedSep 24, 2026
SewerSeptic Tank
Water SourceCommunity Water
HOAYes — $366 / year
Community FeaturesClubhouse, Gated, Lake, Park, Playground, Pool, Tennis Court(s)
ElementaryFranklin - Edward Best Elementary Elementary School
MiddleFranklin - Bunn Middle Middle School
HighFranklin - Bunn High High School
Presented By: Keller Williams Premier; 704.788.8008; klrw975@kw.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Monthly Cost Estimate

$
%
$
%
$
$
$
Estimated Payment
— / month
Principal & Interest—
Property Taxes—
Home Insurance—
HOA Dues—

* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

Similar Homes

Nearby Homes for Sale

Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Triangle MLS, Inc. of North Carolina. Real estate listings held by brokerage firms other than REMAX Executive are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumer's personal, noncommercial use. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. This site is monitored for scraping. Any use of listing data obtained from this web site, other than by a consumer looking to purchase real estate, is prohibited. This data has been updated as of Sep 24, 2026.