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For sale
    • Price cut: $9.9K (8/5)
    $530,000

    401 Sagamore Dr, Louisburg, NC 27549

    3beds
    1,907sqft
    : 
    $3,203/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1998
    0.39 Acres Lot
    $518,100 Zestimate®
    $278/sqft
    $104/mo HOA

    What's special

    True lakefront ranchFully finished walkout basementCozy gas log fireplacePrivate boathouseBeautifully landscaped yardPanoramic main water viewsWalkout basement
    PRICE REDUCED $10,000. 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.
    110 days
    |
    1,053
    |
    37
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dan Gunther 919-497-2201,

    Howard Hanna Allen Tate LAKE ROYALE,

    Barry Wilkins 919-349-8603,

    Howard Hanna Allen Tate LAKE ROYALE

    Source: Doorify MLS,MLS#: 10162858MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Fireplace(s), Forced Air, Propane
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Built-In Electric Range, Dishwasher, Electric Water Heater, Ice Maker, Microwave, Refrigerator
      • Laundry: In Hall, Main Level
      Features
      • Ceiling Fan(s), Kitchen Island, Living/Dining Room Combination, Walk-In Closet(s)
      • Flooring: Carpet, Ceramic Tile, Laminate, Tile
      • Basement: Daylight, Exterior Entry, Finished, Full, Heated, Interior Entry, Walk-Out Access
      • Number of fireplaces: 1
      • Fireplace features: Gas Log, Living Room
      Interior area
      • Total structure area: 1,907
      • Total interior livable area: 1,907 sqft
      • Finished area above ground: 1,439
      • Finished area below ground: 468

      Property

      Parking
      • Total spaces: 4
      • Parking features: Concrete, Driveway, No Garage, Parking Pad
      • Uncovered spaces: 4
      Features
      • Levels: Two
      • Stories: 1
      • Patio & porch: Deck, Front Porch
      • Exterior features: Dock
      • Pool features: Community
      • Has view: Yes
      • View description: Lake, Panoramic, Water
      • Has water view: Yes
      • Water view: Lake,Water
      • Waterfront features: Lake, Lake Front, Waterfront
      • Body of water: Lake Royale
      Lot
      • Size: 0.39 Acres
      • Features: Gentle Sloping, Lake on Lot, Landscaped
      Details
      • Additional structures: Boat House
      • Parcel number: 019772
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence, Residential
      Materials
      • Vinyl Siding
      • Foundation: See Remarks
      • Roof: Shingle, See Remarks
      Condition
      • New construction: No
      • Year built: 1998
      • Major remodel year: 1998

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Clubhouse, Fishing, Gated, Golf, Lake, Park, Playground, Pool, Restaurant, Tennis Court(s)
      • Subdivision: Lake Royale
      HOA
      • Has HOA: Yes
      • Amenities included: Basketball Court, Beach Access, Boating, Clubhouse, Fitness Center, Gated, Golf Course, Maintenance, Meeting Room, Playground, Pool, Powered Boats Allowed, Recreation Facilities, Security, Shuffleboard Court, Sport Court, Tennis Court(s)
      • Services included: Maintenance Grounds, Road Maintenance, Security, Storm Water Maintenance
      • HOA fee: $1,252 annually
      Location
      • Region: Louisburg

      Financial & listing details

      • Price per square foot: $278/sqft
      • Tax assessed value: $449,620
      • Annual tax amount: $2,746
      • Date on market: 4/26/2026
      • Road surface type: Paved

        Estimated market value

        $518,100

        $492,000 - $544,000

        $2,002/mo

        Price history

        DateEventPrice
        8/5/2026Price change$530,000-1.8%$278/sqft
        Source: Doorify MLS #10162858 Report a problem
        4/26/2026Listed for sale$539,900+2.8%$283/sqft
        Source: Doorify MLS #10162858 Report a problem
        6/14/2024Listing removed--
        Source: Doorify MLS #10013384 Report a problem
        2/23/2024Listed for sale$525,000+92.3%$275/sqft
        Source: Doorify MLS #10013384 Report a problem
        4/26/2018Sold$273,000-5.7%$143/sqft
        Source: Doorify MLS #2145791 Report a problem
        1/19/2018Pending sale$289,500$152/sqft
        Source: Royale Realty #2145791 Report a problem
        8/14/2017Price change$289,500-1.4%$152/sqft
        Source: Cary #2140356 Report a problem
        7/16/2017Listed for sale$293,500-6.8%$154/sqft
        Source: Keller Williams Realty Cary #2140356 Report a problem
        12/17/2015Listing removed$314,999$165/sqft
        Source: Keller Williams Realty dba Parl�r Properties LLC #2042178 Report a problem
        12/16/2015Price change$314,999-3.6%$165/sqft
        Source: Keller Williams Realty dba Parl�r Properties LLC #2042178 Report a problem
        12/15/2015Price change$326,600+2.1%$171/sqft
        Source: Keller Williams Realty dba Parl�r Properties LLC #2042178 Report a problem
        8/12/2015Price change$320,000-2%$168/sqft
        Source: Keller Williams - Raleigh #1989517 Report a problem
        2/9/2015Listed for sale$326,600-1%$171/sqft
        Source: KELLER WILLIAMS Realty Raleigh #1989517 Report a problem
        11/11/2014Listing removed$330,000$173/sqft
        Source: Royale Realty #1910420 Report a problem
        7/29/2014Price change$330,000-6.8%$173/sqft
        Source: Royale Realty #1910420 Report a problem
        2/19/2014Price change$354,000-2.5%$186/sqft
        Source: Royale Realty #1910420 Report a problem
        9/11/2013Listed for sale$363,000$190/sqft
        Source: Royale Realty #1910420 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,673 +1.7%$449,620
        2024$2,628 +15%$449,620 +77.7%
        2023$2,286 +0.4%$253,000
        2022$2,276 -1.1%--
        2021$2,301 -1.1%--
        2020$2,326 +1.4%--
        2019$2,294 +1.6%$253,000 +1.3%
        2018$2,257 $249,680 +13.3%
        2017$2,257 $220,450
        2016$2,257 $220,450
        2015$2,257 +6.1%$220,450
        2014$2,127 $220,450
        2013-- $220,450
        2012-- $220,450 +8.2%
        2011-- $203,715
        2010-- $203,715
        2009-- $203,715
        2008-- $203,715
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 27549

        Getting around

        0 / 100
        Car-Dependent
        3 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Franklin - Edward Best Elementary
        • Middle: Franklin - Bunn Middle
        • High: Franklin - Bunn High

        Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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