$52,500
SOLD JUN 26, 2026
0.94 Acre
$55,851 Price per Acre
40,946 Sq Ft Lot

Sale Details

Date Sold: June 26, 2026

12% Below List Price

88 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • 0.94 Acre Lot
  • Fitness Center
  • Gated Community
  • Community Lake

About This Lot

As of June 2026

Rare opportunity to own a nearly 1-acre homesite in the gated lake community of Lake Royale. This .94-acre parcel offers privacy, natural surroundings, and the perfect setting to build your custom home or weekend retreat. Located within a resort-style community centered around a 345-acre lake, residents enjoy boating, fishing, and a relaxed lifestyle just a short drive from Raleigh. Whether you're looking to build now or invest for the future, this oversized lot provides exceptional value in one of the area's most sought-after lake communities.

Last Agent to Sell the Property

Jeffrey Folks

Century 21 Folks Properties License #324093 Listed on: 03/29/2026

Century 21 Folks Properties

Last Buyer's Agent

Jeffrey Folks

Century 21 Folks Properties License #324093 Listed on: 03/29/2026

Century 21 Folks Properties
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $324

Lot Details

  • 40,946 Sq Ft Lot
  • Property fronts a private road
  • Wooded Lot
  • Property is zoned FCO R-30

HOA Fees

  • $120 Monthly HOA Fees

Schools

  • Edward Best Elementary School
  • Bunn Middle School
  • Bunn High School

Utilities

  • Natural Gas Not Available
  • Septic Needed
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 022775

Community Details

Overview

  • Association fees include road maintenance
  • Lake Royale Property Owners Assoication Association, Phone Number (252) 478-4121
  • Lake Royale Subdivision
  • Community Lake

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$324

Lot Details

0.94 Acres

HOA Fees

$120 per month

Listing Details

  • Prop. Type: Land
  • Horses: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: Road Maintenance
  • Subdivision Name: Lake Royale
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Monthly Association Fees2: 120.0
  • DelayedMarketingYN: No
  • Lot Water Features:Lot Water Features: None
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTU2MTU4IiwiU3RhbmRhcmRTdGF0dXMiOiJDbG9zZWQiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA2LTI2VDE0OjAyOjQ3LjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzI1ODcxIiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.Z0FUQT-GjNgcKRHSXNenUJDzyxeUqwqIUhwj1Hy4Gsc/badge
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Acres: 0.94
  • Disclosures: Seller Disclosure

Utilities

  • Utilities: Electricity Available, Natural Gas Not Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Fitness Center, Gated, Golf, Lake, Playground, Restaurant, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 1252.44
  • Association Name: Lake Royale Property Owners Assoication
  • Phone: 252-478-4121
  • Association: Yes

Schools

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

Lot Info

  • Zoning: FCO R-30
  • Current Use: Vacant
  • Development Status: Raw Land
  • Horse Amenities: None
  • Lot Dimensions: see plat map
  • Lot Size Sq Ft: 40946.0
  • ResoLotSizeUnits: Acres
  • Wooded Area: 0.94
  • Parcel #: 022775

Tax Info

  • Tax Annual Amount: 323.76
  • Tax Year: 2025
  • Tax Map Number: 2316

MLS Schools

  • Elementary School: Franklin - Edward Best Elementary

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
06/26/2026 06/26/26 Sold $52,500 -12.5% --
03/29/2026 03/29/26 For Sale $60,000 -- --
Source: Doorify MLS

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Map

Source: Doorify MLS

MLS Number: 10156158

Doorify MLS

APN: 022775

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