125 Cimarron Dr Louisburg, NC 27549
Estimated payment $854/month
Highlights
- Golf Course Community
- Gated Community
- Clubhouse
- Fishing
- Community Lake
- Partially Wooded Lot
About This Lot
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 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
- Edward 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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2026 05/29/26 | Price Changed | $125,000 | -10.0% | -- |
| 05/05/2026 05/05/26 | Price Changed | $138,900 | -4.2% | -- |
| 03/26/2026 03/26/26 | For Sale | $145,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Doorify MLS
MLS Number: 10155415
APN: 021794
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Some IDX listings have been excluded from this IDX display. 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 the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.
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