Rare LakeFront Ranch W/Boathouse
Cute Ranch Walkout Basement
Enter to See the Panoramic Lake Views
Large Great Room Stone FP Panoramic Main
Plenty of room for friends and family
Gourmet Chef Can Enjoy Guests
Plenty of Cabinet Space and Countertops
Primary BR with Awesome Lake Views
Primary BR With Access to Large Deck
Primary Bath
Second Bath
Bedroom 2
Bedroom 3
Large Deck For Entertaining
Finished Bonus Room Down W/Water Views
Cozy Bonus Room Down W/FP
Flex Room Down
Downstairs Bath
Large Patio Down
Large Deck and Lower Patio
Large Private Backyard
Gorgeous Private Backyard
Separate Sitting Area to Enjoy Magnifice
Boat House W/Lift
Private Setting
Beautiful Lake Royale
Aerial View 1
Aerial View
Pavilion Amenities 1
Pavilion Miniature Golf
Basketball Court 2
Clubhouse Beach & Volley Ball
Rocketship Playground
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
122
On market date
April 26, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.39 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

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

Mortgage calculator

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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 8 days ago.

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.