Rare LakeFront Ranch W/Boathouse - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Cute Ranch Walkout Basement - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Enter to See the Panoramic Lake Views - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Large Great Room Stone FP Panoramic Main - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Plenty of room for friends and family - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Gourmet Chef Can Enjoy Guests - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Plenty of Cabinet Space and Countertops - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Primary BR with Awesome Lake Views - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Primary BR With Access to Large Deck - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Primary Bath - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Second Bath - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Bedroom 2 - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Bedroom 3 - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Large Deck For Entertaining - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Finished Bonus Room Down W/Water Views - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Cozy Bonus Room Down W/FP - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Flex Room Down - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Downstairs Bath - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Large Patio Down - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Large Deck and Lower Patio - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Large Private Backyard - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Gorgeous Private Backyard - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Separate Sitting Area to Enjoy Magnifice - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Boat House W/Lift - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Private Setting - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Beautiful Lake Royale - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Aerial View 1 - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Aerial View - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Pavilion Amenities 1 - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Pavilion Miniature Golf - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Basketball Court 2 - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Clubhouse Beach & Volley Ball - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
Rocketship Playground - 401 Sagamore Drive, Louisburg, NC 27549, Louisburg
33 photos

$530,000

401 Sagamore Drive, Louisburg, NC 27549
Louisburg, NC 27549
Listed by Dan Gunther · Howard Hanna Allen Tate LAKE ROYALE
Bedrooms
3
Bathrooms
3
Living area
N/A
Year built
1998

About this home

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.

Highlights

Fireplace

Property details

MLS #
10162858
Property type
Single Family Residence
Subdivision
Lake Royale
Status
Active
Days on market
169
On market date
April 26, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
N/A
Parking spaces
4
Lot size
0.39 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Edward Best Elementary
8.68 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
473
Student:teacher ratio
13.9:1
District
Franklin County Schools
Middle
Bunn Middle
3.45 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
586
Student:teacher ratio
16.3:1
District
Franklin County Schools
High
Bunn High
2.87 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
844
Student:teacher ratio
17.6:1
District
Franklin County Schools

Walkability

Blended score for Louisburg's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

30
Car-dependent
out of 100
EPA National Walkability Index
6.0 / 20 -- Below average walkable

Market position

How this listing compares to current activity in Louisburg, from live MLS data.

On the market 169 days -- 37 more days than Louisburg's current average of 132 days.
For reference, the median list price across 279 active listings in Louisburg right now is $249,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,342/mo
$106,000 down
$424,000 loan
Principal & interest$2,750
Property tax (est.)$442
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated August 31, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.