Lot/land

$54,900

137 Tonto Dr Lot 997-998, Louisburg, NC 27549

--beds

0baths

0.28Acres

Unimproved Land

Built in ----

0.28 Acres Lot

$-- Zestimate^®

$--/sqft

$104/mo HOA

What's special

Gated communityCleared and fenced

Are you ready to start living the Lake Life? Come see this ready to use double multi-use lot located in Lake Royale. This property is cleared and fenced with water, electric and septic installed. Property is located on the north end of Lake Royale and is close to the community pool and lake access. Lake Royale offers resort-style amenities, including a private police force and full-time maintenance department for the roads and common areas. Residents enjoy access to the 345-acre lake for boating and fishing, tennis court, golf course, swimming pool, beaches, playgrounds, basketball, pickle ball, a clubhouse, and more. Come enjoy lake life, relaxation, and endless recreation in this wonderful, gated community. Come see it today! Property is being sold AS-IS and is subject to a 10-day upset bid period with the Franklin County Court. Once offer is accepted a 10% deposit is required.

79 days
72
6

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Video & virtual tour

View virtual tour

Property

Features

Fencing: Chain Link,Full

Lot

Size: 0.28 Acres
Dimensions: 118 x 99
Features: Cleared, Level, Rectangular Lot, Driveway
Residential vegetation: Cleared

Details

Additional structures: None
Parcel number: 021706
Zoning: FCO R-30
Special conditions: Probate Listing

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Available, Electricity Connected, Water Available, Water Connected, Septic Available, Septic Connected

Community & HOA

Community

Features: Clubhouse, Fishing, Fitness Center, Gated, Golf, Lake, Park, Playground, Pool, Restaurant, Tennis Court(s)
Subdivision: Lake Royale

HOA

Has HOA: Yes
Amenities included: Boating, Beach Access, Basketball Court, Clubhouse, Coin Laundry, Fitness Center, Golf Course, Game Court Exterior, Gated, Jogging Path, Maintenance, Maintenance Grounds, Management, Maintenance Structure, Park, Picnic Area, Powered Boats Allowed, Playground, Pool, Shuffleboard Court, Security, Snow Removal, Tennis Court(s)
Services included: Insurance, Maintenance Grounds, Maintenance Structure, Security, Snow Removal, Road Maintenance, Storm Water Maintenance
HOA fee: $1,252 annually
HOA name: First Services Residential
HOA phone: 252-478-4121

Location

Region: Louisburg

Financial & listing details

Tax assessed value: $22,500
Annual tax amount: $244
Date on market: 6/15/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/15/2026	Listed for sale	$54,900-20.4%
Source: Doorify MLS #10174121 Report a problem
4/11/2026	Listing removed	$69,000
Source: Doorify MLS #10147755 Report a problem
2/20/2026	Listed for sale	$69,000
Source: Doorify MLS #10147755 Report a problem