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Active
$530,000 Est. $3,661/mo — Get pre-qualified
3beds 3baths 1,907sq ft 0.39acres

401 Sagamore Drive · Louisburg, NC 27549

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PRICE REDUCED $10,000. OWNER MOTIVATED Exceptional and Very Rare Opportunity to own a true lakefront ranch with a Walkout Basement, Private Boathouse, and Panoramic Main Water Views in the highly sought-after gated resort community of Lake Royale --just a short drive to the Triangle. Bring your boat, jet skis, and golf clubs aqnd fishing poles. This well-maintained home offers three bedrooms on the main level and a fully finished walkout basement featuring new flooring, a full bath, and a versatile flex room ideal for guests, a home office, or additional living space. The open-concept living and dining area is anchored by a cozy gas log fireplace, while the step-saver kitchen comes complete with all appliances. Step outside to an expansive upper deck perfect for entertaining, with a patio below that leads to easy access to the water. The beautifully landscaped yard guides you to your private boathouse with lift and dock--ready for endless days on the lake. A generator adds peace of mind year-round. Lake Royale offers resort-style amenities including a 3.25-mile-long lake for boating and fishing, an 18-hole professionally designed golf course, pool, private police force, pickleball, tennis, basketball, volleyball, disc golf, beaches, etc., and a full calendar of community activities for all ages.

Features & Amenities

Living Area1,907 Sq.Ft.
Bedrooms3
Baths3
HeatingFireplace(s), Forced Air, Propane
CoolingCeiling Fan(s), Central Air
FlooringCarpet, Ceramic Tile, Laminate, Tile
FireplaceGas Log,Living Room
AppliancesBuilt-In Electric Range, Dishwasher, Electric Water Heater, Ice Maker, Microwave, Refrigerator
Interior FeaturesCeiling Fan(s), Kitchen Island, Living/Dining Room Combination, Walk-In Closet(s)
LaundryIn Hall, Main Level
Virtual TourOpen Virtual Tour
Exterior FeaturesDock
StyleRanch
Year Built1998
ConstructionVinyl Siding
RoofShingle, See Remarks
FoundationSee Remarks
ParkingConcrete, Driveway, No Garage, Parking Pad
StatusActive
Lot Size0.39 Acres
Lot FeaturesGentle Sloping, Lake on Lot, Landscaped, Waterfront, Boat Dock, Boat Lift, Boat Slip, Bulkhead, Deeded Waterfront, Water Access Community, Waterfront Community
SubdivisionLake Royale
CountyFranklin
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedAug 31, 2026
UtilitiesElectricity Connected, Septic Connected, Propane
SewerSeptic Tank
Water SourcePublic
HOAYes — $104 / year
Community FeaturesClubhouse, Fishing, Gated, Golf, Lake, Park, Playground, Pool, Restaurant, Tennis Court(s)
ElementaryFranklin - Edward Best Elementary Elementary School
MiddleFranklin - Bunn Middle Middle School
HighFranklin - Bunn High High School
Presented By: Howard Hanna Allen Tate LAKE ROYALE; 252.478.5608; dan.gunther@allentate.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.

Pricing History

DateEventPriceChange
Aug 31, 2026 Price Reduced $539,900 → $530,000 ▾ $9,900 (1.8%)

Monthly Cost Estimate

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

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