$145,000

125 Cimarron Dr Louisburg, NC 27549

Estimated payment $954/month

Total Views 23
0.44 Acres
$329,545 Price per Acre
19,166 Sq Ft Lot

Highlights

  • Golf Course Community
  • Gated Community
  • Clubhouse
  • Fishing
  • Community Lake
  • Partially Wooded Lot

About This Lot

Tucked away on a spacious triple lot, this 2-bedroom, 1-bath rustic getaway offers a peaceful setting perfect for weekend escapes, full-time living, or entertaining guests. Featuring a log cabin-inspired exterior, this property is full of charm and is being sold AS-IS, CASH ONLY. Inside, much of the interior has been remodeled, while the original shell and frame remain in place. The home offers a bright and inviting layout with multiple windows for natural light, a generous living and dining area, easy-maintenance LVP flooring, custom blinds, and updated light fixtures throughout. All kitchen appliances plus stackable washer and dryer will convey. Recent improvements include a 2022 roof, gas wall unit for backup heat, and septic service completed in 2021. Additional storage is available with pull-down attic access. Outdoor living is where this property truly shines, with multiple decks, a firepit area, and plenty of space to relax and enjoy the surroundings. There's also no shortage of utility and storage with an 18x24 carport, 12x12 shed, 11x20 portable garage with concrete pad, and new privacy fence. Located in a gated lake community centered around a 345-acre lake, residents enjoy an impressive list of amenities including beach access, boating, clubhouse, pool, park, playground, recreation facilities, basketball courts, tennis courts, shuffleboard courts, and scenic trails. An 18-hole golf course is also available, and two golf memberships per household are included. Plus, you'll love the convenient proximity to the boat launch.

Listing Agent

Jorge Aguilar

Mark Spain Real Estate License #360605 Listed on: 03/26/2026

Mark Spain Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $903

Lot Details

  • 19,166 Sq Ft Lot
  • Property fronts a private road
  • Partially Fenced Property
  • Partially Wooded Lot
  • Property is zoned FCO R-30

HOA Fees

  • $104 Monthly HOA Fees

Schools

  • Ed Best Elementary School
  • Bunn Middle School
  • Bunn High School

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 021794

Community Details

Overview

  • Association fees include security
  • Lake Royale Poa, Phone Number (252) 478-4121
  • Lake Royale Subdivision
  • Community Lake

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$903

Lot Details

0.44 Acres

HOA Fees

$104 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Reso Association Fee Includes: Security
  • Subdivision Name: Lake Royale
  • General Property Information Association Fee Required YN: Yes
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Fenced, Partial
  • Acres: 0.44
  • Disclosures: Seller Disclosure

Utilities

  • Utilities: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Gated, Golf, Lake, Playground, Pool, Restaurant, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 1250.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Royale POA
  • Phone: 252-478-4121
  • Association: Yes

Schools

  • Ninth Grade High School: Franklin - Bunn
  • Middle Or Junior School: Franklin - Bunn

Lot Info

  • Zoning: FCO R-30
  • Current Use: Recreational, See Remarks
  • Horse Amenities: None
  • Lot Dimensions: See Plat Map
  • Lot Size Sq Ft: 19166.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 021794

Tax Info

  • Tax Annual Amount: 902.88
  • Tax Year: 2025

MLS Schools

  • Elementary School: Franklin - Ed Best

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $401 $139,100 $30,000 $109,100
2024 $999 $139,100 $30,000 $109,100
2023 $507 $12,520 $12,000 $520
2022 $497 $12,520 $12,000 $520
2021 $445 $6,000 $6,000 $0
2020 $447 $6,000 $6,000 $0
2019 $344 $6,000 $6,000 $0
2018 $344 $6,000 $6,000 $0
2017 $380 $6,000 $6,000 $0
2016 $394 $6,000 $6,000 $0
2015 $427 $6,000 $6,000 $0
2014 $373 $6,000 $6,000 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2026 03/26/26 For Sale $145,000 -- --
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Doorify MLS

MLS Number: 10155415

Doorify MLS

APN: 021794

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