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1605 Sagamore Dr, Louisburg, NC, 27549

1beds
1baths
396sqft
$255,000
$644price/sqft
$1,728/moest. monthly cost
$69,120/yrincome needed

About This Home

Lakefront Living at Its Best! Yes -- Lakefront! Welcome to your waterfront retreat in the gated community of Lake Royale! This beautifully maintained, fully furnished park model home offers an easy, turnkey lifestyle in one of the area's most desirable lake communities--all for $255,000. Perfectly positioned along the water, this property delivers peaceful views and a relaxing, resort-style atmosphere. Inside, you'll find a thoughtfully designed layout with an open living space and tasteful furnishings--everything conveys, so you can start enjoying lake life from day one. Even better, a boat with a cover is included, making it effortless to get out on the water and fully enjoy everything lake living has to offer. Located within a private POA community, residents of Lake Royale enjoy access to boating, fishing, swimming, beaches, and recreational amenities--all within a secure, gated setting. Whether you're searching for a weekend getaway or an investment opportunity, this vacant, move-in-ready home offers flexibility and immediate enjoyment. Spend your mornings by the water, your afternoons cruising the lake, and your evenings soaking in the peaceful surroundings--this is lake living made simple.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

5/10
Edward Best ElementaryGrades PK-57.7 mi
3/10
Bunn MiddleGrades 6-83.3 mi
3/10
Bunn HighGrades 9-123.3 mi

Construction

Condition

  • Year built: 1994

Materials

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

Notable Dates

  • Major remodel year: 1994

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Ranch
  • Property subType: Single Family Residence,Residential,Manufactured Home

Interior

Appliances

  • Appliances included: Electric Range,Exhaust Fan,Free-Standing Electric Range,Free-Standing Refrigerator,Microwave

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Window features: Blinds
  • Flooring: Carpet,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 396

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central Air,Electric,Heat Pump

Interior Area

  • Total structure area: 396
  • Total interior livable area: 396 sqft

Property

Details

  • Parcel number: 022649
  • Zoning: FCO R-30
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Front Porch,Patio,Screened
  • Exterior features: Boat Slip,Dock,Fenced Yard
  • Fencing: Back Yard, Fenced
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front
  • Waterbody name: Lake Royale

Lot

  • Lot size: 7,405 sqft
  • Features: Back Yard,Front Yard,Level,Rolling Slope

Parking

  • Parking features: Concrete,Driveway,No Garage

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 $1,289$15,468
Home Insurance *$112$1,344
Property Taxes $127$1,524
Electricity $200$2,405
Total$1,728$20,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,245/yr
40% on housing$51,840/yr
45% on housing$46,080/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

$644This listing

vs Other Active Listings

Avg $/sqft

ZIP 27549$159
Franklin County$180

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
2026-05-03Listed for sale$255,000
2026-05-02Listing removed$260,000
2025-11-01Price change$260,000
2025-04-29Listed for sale$265,000
2013-10-01Sold$105,000

For Sale by Agent

AgentHilda Parler
BrokeragePARLER PROPERTIES LLC

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