LKV Realty
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$125,000
$650Reward *
125 Cimarron Drive, Louisburg, NC 27549Listing ID 10155415

125 Cimarron Drive, Louisburg, NC 27549

Active
Lake Royale
Time on site: 144 daysLast updated: May 29, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
Unimproved Land
Acres
Acres
0.44
Days on Site
Days on Site
144

Affordable lake retreat in gated Lake Royale on a rare triple lot. Perfect weekend getaway, private recreational property, or peaceful escape just outside Raleigh. Property is classified as land with improvements, limiting conventional financing options. CASH ONLY. Tucked away on a spacious triple lot, this 2-bedroom, 1-bath rustic retreat offers a peaceful setting ideal for relaxing, entertaining, or enjoying the lake lifestyle year-round. Featuring a charming log cabin-inspired exterior, this unique property is full of character and is being sold AS-IS. Inside, much of the interior has been remodeled while maintaining the original shell and frame. The bright and inviting layout offers abundant natural light, a spacious living and dining area, durable LVP flooring, custom blinds, and updated light fixtures throughout. All kitchen appliances, along with the stackable washer and dryer, will convey. Recent updates include a 2022 roof, septic service completed in 2021, and a gas wall unit for backup heat. Additional storage is available through pull-down attic access. Outdoor living is where this property truly shines with multiple decks, a cozy firepit area, and plenty of room to unwind or host guests. The property also offers excellent storage and utility space with an 18x24 carport, 12x12 shed, 11x20 portable garage with concrete pad, and a newer privacy fence. Located inside the gated Lake Royale community centered around a 345-acre lake, residents enjoy access to beaches, boating, a clubhouse, pool, playgrounds, parks, basketball courts, tennis courts, shuffleboard courts, recreation facilities, scenic walking trails, and an 18-hole golf course. Two golf memberships are included per household, and the property is conveniently located near the community boat launch.

Property Information

Property Details

Location

Address
125 Cimarron Drive
County
Franklin
City
Louisburg
Zip Code
27549
Subdivision
Lake Royale
High School
Franklin - Bunn
Elementary School
Franklin - Edward Best Elementary
Jorge Adrian AguilarMark Spain Real Estate, (770) 886-9000

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$903
Tax Year
2025

Homeowner Association

HOA Fee
$1,250
HOA Fee Frequency
Annually

Market Report for 27549

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Doorify MLS, Inc.
Doorify MLS, Inc. logo

Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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