$145,000
SOLD AUG 1, 2025

148 Red Wing Dr Lake Royale, NC 27549

0.42 Acre
$345,238 Price per Acre
18,295 Sq Ft Lot

Recently Sold

15% Below List Price

37 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Lake Front
  • Fishing
  • Community Beach Access
  • Golf Course Community
  • Gated Community

About This Lot

As of August 2025

Don't miss this charming lake retreat located in the desirable gated community of Lake Royale! This property includes three spacious lots and is packed with features, upgrades, and space for relaxing or entertaining. This property features 1 bedroom / 1 bathroom. Open-concept kitchen, dining, and living room. Central A/C and heat, Washer/dryer included, New flooring throughout. Fully refurbished kitchen (2 years ago) with granite countertops, dishwasher, gas stove, and updated appliances. Exterior & Lot Features include Septic system rated for 3 bedrooms, Electric, water, and additional 30-amp RV hookup for 2nd camper , Heat tape on water lines for winter use, Extremely large deck with beautiful views of the lake. Original dock in place, 2 outbuildings. One for storage (with lean-to for lake toys).One finished with A/C - great for guests, hobbies, or a creative studio. Landscaping updated last year. 2 fire pits - including one overlooking the lake. Ample parking, plus an extra parking pad that can also serve as a social/firepit area

If you're looking for a peaceful getaway ! This property is a true turnkey escape. So much work has already been done—just move in and enjoy the lake life!

Lake Royale has many amenities for the members of the community to enjoy! We have Beaches, pool, tennis court, putt putt, pickle ballcourt, playgrounds, Golf course memberships, outdoor gym, basketball courts and much more!

Come see this adorable and well-maintained retreat in Lake Royale before it's gone!

Last Agent to Sell the Property

Selina Townsend

Century 21 Folks Properties License #321770 Listed on: 06/06/2025

Century 21 Folks Properties

Last Buyer's Agent

Emily Murphy

Property Specific, LLC License #326346

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $728

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 53x73x93x59x99x120
  • Lake Front
  • Property fronts a private road
  • Sloped Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Few Trees
  • Grass Covered Lot

HOA Fees

  • $99 Monthly HOA Fees

Parking

  • Driveway

Schools

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

Utilities

  • Propane
  • Perc Test On File For Septic Tank
  • Septic System

Additional Features

  • Lake Views
  • Grass Field

Listing and Financial Details

  • Assessor Parcel Number 019116

Community Details

Overview

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

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Community Beach Access
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Shuffleboard Court
  • Community Playground
  • Community Pool
  • Fishing
  • Jogging Path
  • Deeded Waterfront Access Rights
  • Cove
  • Separate Outdoor Workshop

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$728

Lot Details

0

HOA Fees

$99 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Private Road, 2 Lane Road
  • Road Surface Type: Paved
  • Reso Association Fee Includes: Road Maintenance, Security
  • Subdivision Name: Lake Royale
  • General Property Information Lot Size Dimensions: 53x73x93x59x99x120
  • General Property Information Association Fee Required YN: Yes
  • Lot Features Hardwood Trees: Yes
  • General Property Information Association Phone: 252-478-4121
  • Other Structures Workshop: Yes
  • Water Source Community Water: Yes
  • General Property Information Monthly Association Fees2: 119.28
  • Utilities Water Connected: Yes
  • Waterfront Access Deeded Access: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Propane3: Yes
  • Vegetation Grassed: Yes
  • Utilities Septic Connected: Yes
  • Vegetation Partially Wooded: Yes
  • Sewer Perc Test On File: Yes
  • Lot Features Driveway2: Yes
  • Frontage Type Lakefront: Yes
  • View Lake2: Yes
  • General Property Information Lot Size Square Feet2: 18295.0
  • General Property Information Lot Size Acres: 0.42
  • Lot Water Features Deeded Waterfront: Yes
  • Lot Water Features Cove: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Community Features:Golf: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Community Features:Clubhouse2: Yes
  • Community Features:Gated2: Yes
  • Community Features:Lake: Yes
  • Community Features:Fishing: Yes
  • Community Features:Restaurant: Yes

Exterior Features

  • Acres: 0.42
  • Lot Features:Landscaped: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Few Trees: Yes

Utilities

  • Utilities: Electricity Connected, Septic Connected, Water Connected, Propane
  • Water Source: Community Water

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Gated, Golf, Lake, Playground, Pool, Restaurant, Tennis Court(s)
  • Association Fee: 1192.8
  • Association Fee Frequency: Annually
  • Association Name: Lake Royale Property Owners Association
  • Phone: 252-478-4121
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lake Royale Property Owners Association
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Golf Course: Yes
  • Association Amenities:Gated: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Fee Includes:Security2: Yes
  • Association Amenities:Beach Access: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1192.8
  • Association Amenities:Jogging Path: Yes
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Shuffleboard Court: Yes

Schools

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

Lot Info

  • Lot Dimensions: 53x73x93x59x99x120
  • Lot Size Sq Ft: 18295.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 019116

Tax Info

  • Tax Annual Amount: 728.44
  • Tax Year: 2024
  • Tax Map Number: 1559

MLS Schools

  • Elementary School: Franklin - Ed Best

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2025
Closed on
Aug 1, 2025
Sold by
Taylor Nancy Ray and Cutrofello Thomas
Bought by
Eastman Emily Ann and Eastman Christopher
Seller's Agent
Selina Townsend
Century 21 Folks Properties
Buyer's Agent
Emily Murphy
Property Specific, LLC
List Price
$169,900
Sold Price
$145,000
Premium/Discount to List
-$24,900
-14.66%
Views
12
Current Estimated Value
$145,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$787
Avg. Annual Appreciation
1.11%

Purchase Details

Closed on
Apr 25, 2025
Sold by
Driver Darrell Wayne
Bought by
Driver Darrell Wayne and Sandling James A

Purchase Details

Closed on
Aug 17, 2023
Sold by
Hale Glenn Patrick and Hale Shari
Bought by
Taylor Nancy Ray and Cutrofello Thomas

Purchase Details

Closed on
Aug 21, 2019
Sold by
Garrett William R and Wade Owend David
Bought by
Hale Glenn Patrick and Hale Jonathon M

Purchase Details

Closed on
Sep 22, 2014
Sold by
Garrett William Ray
Bought by
Garrett William Ray and Wade Owen David

Purchase Details

Closed on
Oct 10, 2012
Sold by
Hanlon Mark and Hanlon Nancy
Bought by
Garrett William R

Purchase Details

Closed on
Jun 24, 2005
Sold by
Bowling June
Bought by
Hanlon Mark and Hanlon Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $145,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $125,000 None Listed On Document
Warranty Deed $80,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $50,000 None Available
Warranty Deed $32,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2025 08/01/25 Sold $145,000 -14.7% --
07/13/2025 07/13/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $169,900 -- --
Source: Doorify MLS

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 $741 $130,080 $126,450 $3,630
2024 $728 $130,080 $126,450 $3,630
2023 $319 $37,070 $33,330 $3,740
2022 $319 $37,070 $33,330 $3,740
2021 $323 $37,070 $33,330 $3,740
2020 $325 $37,070 $33,330 $3,740
2019 $321 $37,070 $33,330 $3,740
2018 $322 $37,070 $33,330 $3,740
2017 $358 $37,350 $33,330 $4,020
2016 $371 $37,350 $33,330 $4,020
2015 $371 $37,350 $33,330 $4,020
2014 $351 $37,350 $33,330 $4,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10101499

Doorify MLS

APN: 019116