127 Cherokee Dr Cypress Creek, NC 27549
Estimated payment $269/month
Highlights
- Community Beach Access
- Fitness Center
- Gated Community
- Golf Course Community
- Fishing
- Community Lake
About This Lot
BUILDERS & BUYERS -- Come and see this vacant lot at beautiful Lake Royale Gated Community, this .34-acre lot is the ideal site for your next home project. With the soil evaluation already complete (3 bedroom perc test completed 1/2022), builders can break ground quickly and buyers can move forward with confidence knowing their dream home is within reach. Lake Royale is more than just a neighborhood—it's a lifestyle. Enjoy 345 acres of private lake access and an unmatched list of amenities with boating, fishing, swimming, sandy beaches, pool, tennis & pickleball courts, volleyball, putt-putt golf, an outdoor gym, and more. Plus, every property includes two free memberships at The River 18-hole Golf Course. Conveniently located just minutes from Wake Forest, Franklinton, Knightdale, Rocky Mount and Raleigh —and only a short drive to the NC coast, NC Zoo, or Blue Ridge Mountains—this community offers both investment potential and everyday convenience. Buyers--bring your dream home plans--this lot is waiting for you!
Property Details
Property Type
- Land
Est. Annual Taxes
- $250
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 75x200
- Property fronts a private road
- Rectangular Lot
- Wooded Lot
HOA Fees
- $99 Monthly HOA Fees
Schools
- Ed Best Elementary School
- Bunn Middle School
- Bunn High School
Utilities
- Natural Gas Not Available
- Perc Test On File For Septic Tank
- Septic Needed
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 021037
Community Details
Overview
- Association fees include road maintenance
- Lake Royale Poa, Phone Number (252) 478-4121
- Lake Royale Subdivision
- Community Lake
Amenities
- Restaurant
- Clubhouse
- Coin Laundry
Recreation
- Community Beach Access
- Golf Course Community
- Tennis Courts
- Community Basketball Court
- Shuffleboard Court
- Community Playground
- Fitness Center
- Community Pool
- Fishing
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $140 | $25,000 | $25,000 | $0 |
| 2023 | $43 | $5,040 | $5,040 | $0 |
| 2022 | $43 | $5,040 | $5,040 | $0 |
| 2021 | $44 | $5,040 | $5,040 | $0 |
| 2020 | $44 | $5,040 | $5,040 | $0 |
| 2019 | $44 | $5,040 | $5,040 | $0 |
| 2018 | $44 | $5,040 | $5,040 | $0 |
| 2017 | $43 | $4,500 | $4,500 | $0 |
| 2016 | $45 | $4,500 | $4,500 | $0 |
| 2015 | $45 | $4,500 | $4,500 | $0 |
| 2014 | $42 | $4,500 | $4,500 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/31/2025 08/31/25 | For Sale | $28,000 | +229.4% | -- | |
| 12/14/2023 12/14/23 | Off Market | $8,500 | -- | -- | |
| 02/04/2022 02/04/22 | Sold | $8,500 | -5.6% | -- | View Prior Sale |
| 01/03/2022 01/03/22 | Pending | -- | -- | -- | |
| 08/13/2021 08/13/21 | Price Changed | $9,000 | -10.0% | -- | |
| 04/20/2021 04/20/21 | For Sale | $10,000 | 0.0% | -- | |
| 03/21/2021 03/21/21 | Pending | -- | -- | -- | |
| 11/11/2020 11/11/20 | For Sale | $10,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $10,000 | None Available | |
| Warranty Deed | -- | None Available |
Source: Doorify MLS
MLS Number: 10119003
APN: 021037
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