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653 Sagamore Dr, Louisburg, NC, 27549

3beds
3baths
2,851sqft
$699,900
$245price/sqft
$4,440/moest. monthly cost
$177,600/yrincome needed

About This Home

Welcome to lakefront living at its finest in the gated community of Lake Royale where comfort, space, and endless waterfront enjoyment come together! This well-maintained home offers the perfect blend of character and functionality, designed with entertaining in mind. Inside, you'll find multiple gathering spaces including an eat-in kitchen, formal dining area, and separate breakfast nook, all flowing into a spacious living room anchored by a cozy fireplace and overlooking the screened porch and sparkling lake beyond. The main level features a private primary suite with en suite bath, an additional bedroom and full bath, plus a flexible space ideal for a home office or hobby room. Upstairs, there's room for everyone with another bedroom showcasing expansive windows and panoramic lake views, a full bath, and a large bonus room perfect for guests, game nights, or additional living space. Step outside and take in everything lake life has to offer--from the large, screened porch to the open deck, all leading down a gently sloping yard to the water's edge. Relax in the gazebo with a spa hot tub or head to your private dock with two jet ski ramps and boathouse with lift and over 120 feet of shoreline--ideal for boating, fishing, and soaking in the views. There's also ample outdoor storage underneath the porch! As part of Lake Royale, enjoy resort-style amenities including beaches, boating, fishing, kayaking, pickleball, and access to the 18-hole course at The River Golf Club, with two memberships included per household. Whether you're looking for a weekend retreat or a full-time waterfront lifestyle, this home delivers space, charm, and unforgettable lakefront living.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

5/10
Edward Best ElementaryGrades PK-59.6 mi
3/10
Bunn MiddleGrades 6-84.2 mi
3/10
Bunn HighGrades 9-123.1 mi

Construction

Condition

  • Year built: 1981

Materials

  • Foundation: Raised
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Cooktop,Ice Maker,Microwave,Range Hood,Refrigerator,Stainless Steel Appliance(s),Washer,Water Purifier Owned
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bathtub/Shower Combination,Bookcases,Ceiling Fan(s),Crown Molding,Dining L,Double Vanity,Dual Closets,Eat-in Kitchen,Entrance Foyer,High Speed Internet,In-Law Floorplan,Kitchen Island,Kitchen/Dining Room Combination,Living/Dining Room Combination,Open Floorplan,Master Downstairs,Separate Shower,Vaulted Ceiling(s),Walk-In Closet(s),Walk-In Shower
  • Flooring: Vinyl
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,851

Heating & Cooling

  • Heating features: Central,Electric,Fireplace(s),Heat Pump
  • Cooling features: Central Air,Electric,Heat Pump

Interior Area

  • Total structure area: 2,851
  • Total interior livable area: 2,851 sqft

Property

Details

  • Parcel number: 019837
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Stories: 2
  • Pool features: Community
  • Patio & porch: Rear Porch,Screened
  • Exterior features: Boat Slip,Dock,Garden,Rain Gutters
  • Has spa: Yes
  • Has view: Yes
  • View description: Lake,Panoramic,Water
  • Has water view: Yes
  • Water view: Lake,Water
  • On waterfront: Yes
  • Waterfront features: Lake,Lake Front,Lake Privileges,Waterfront
  • Waterbody name: Lake Royale

Lot

  • Lot size: 0.86 Acres
  • Features: Back Yard,Close to Clubhouse,Few Trees,Front Yard,Garden,Landscaped

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Lightning
Tornado

FEMA Declared Disasters in Franklin County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,539$42,468
Home Insurance *$309$3,708
Property Taxes $327$3,924
Electricity $265$3,186
Total$4,440$53,280
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$152,228/yr
40% on housing$133,200/yr
45% on housing$118,400/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$245This listing

vs Other Active Listings

Avg $/sqft

ZIP 27549$156
Franklin County$179

vs Homes Sold Last Month

Median $/sqft

ZIP 27549$195
Franklin County$208

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Listed for sale$725,000
2026-04-30Listing removed$725,000
2026-04-22Price change$725,000
2026-04-06Price change$735,000
2026-03-18Price change$739,900
2026-02-24Price change$750,000
2026-02-19Price change$759,900
2026-01-29Price change$763,500
2025-12-11Price change$764,900
2025-12-02Price change$769,400
2025-11-08Price change$769,900
2025-10-25Price change$775,000
2025-10-19Price change$779,900
2025-10-09Price change$789,500
2025-09-26Listed for sale$798,100
2019-05-23Sold$425,000
2008-03-11Sold$275,000

For Sale by Agent

AgentDan Gunther
BrokerageHoward Hanna Allen Tate LAKE ROYALE

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