$438,000
About this home
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.
Highlights
Property details
- MLS
- Doorify MLS
- MLS #
- 10123061
- Property type
- Quadruplex
- Subdivision
- Lake Royale
- Status
- Active
- Days on market
- 264
- On market date
- September 24, 2026
- Stories
- N/A
- Total bathrooms
- 8
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 1.05 acres
Location
Get directions →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.
- Enrollment
- 473
- Student:teacher ratio
- 13.9:1
- District
- Franklin County Schools
- Enrollment
- 586
- Student:teacher ratio
- 16.3:1
- District
- Franklin County Schools
- 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). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Louisburg, from live MLS data.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated September 24, 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.