$340,000
SOLD AUG 29, 2025

242 Sequoia Dr Cypress Creek, NC 27549

3 Beds
2.5 Baths
1,620 Sq Ft
0.34 Acres

Recently Sold

$210 Per Sq Ft

1% Above List Price

17 Days on Market

Highlights

  • Boating
  • New Construction
  • Gated Community
  • Golf Course Community
  • Fishing
  • Open Floorplan

About This Home

As of August 2025

**Back on the market due to no fault of the seller!!**
Welcome to 242 Sequoia Drive, a stunning new construction home located in the sought-after gated community of Lake Royale. This beautifully crafted residence offers modern luxury and impeccable attention to detail throughout. Step into an open-concept living space featuring luxury vinyl, plush carpet, and tile flooring, with large windows that fill the home with natural light. The gourmet kitchen is the heart of the home, equipped with quartz countertops, stainless steel appliances, a large center island, and custom cabinetry—perfect for cooking and entertaining.

The primary suite is a private oasis, complete with a spacious walk-in closet and a spa-inspired en-suite bathroom featuring dual vanities, and gorgeous tiled shower. Additional bedrooms are generously sized with ample closet space.

Located on a peaceful lot, this home offers a serene outdoor living space with a rear patio that's perfect for enjoying the beautiful surroundings. Beyond the home, Lake Royale offers unparalleled amenities, including a 345-acre lake for boating, fishing, and water sports, a championship 18-hole golf course, tennis courts, a community clubhouse, a pool, and 24/7 gated security.

*Up to $3k in closing costs with use of preferred lender*

Last Agent to Sell the Property

Brianna Colomo

Coldwell Banker Advantage License #336581 Listed on: 07/04/2025

Coldwell Banker Advantage

Last Buyer's Agent

Shane Pike

Allen Tate/Raleigh-Glenwood License #290053

Allen Tate/Raleigh-Glenwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $153

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.34 Acre Lot
  • Property fronts a private road

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Private Driveway
  • 2 Open Parking Spaces

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Self Contained Fireplace Unit Or Insert
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 019088

Community Details

Overview

  • Association fees include road maintenance, storm water maintenance
  • Lake Royale Property Association, Phone Number (252) 478-2141
  • Lake Royale Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boating
  • Powered Boats Allowed
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Fishing
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$153

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$95 per month

Parking

2

Listing Details

  • Year Built: 2024
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Reso Association Fee Includes: Road Maintenance, Storm Water Maintenance
  • Subdivision Name: Lake Royale
  • Above Grade Finished Sq Ft: 1620.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Effective Year Built: 2024
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Primary Bedroom Level: Main
  • General Property Information Association Phone: 2524782141
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 95.0
  • General Property Information Above Grade Finished Area: 1620.0
  • Roof Architectural Shingle: Yes
  • Property Condition New Construction: Yes
  • Association Amenities Boating: Yes
  • General Property Information Lot Size Square Feet2: 14810.4
  • General Property Information Lot Size Acres: 0.34
  • Security Features Security Gate: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Bathtub/Shower Combination, Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Eat-in Kitchen, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Quartz Counters, Recessed Lighting, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Microwave, Range
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Community Features:Golf: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Appliances Range: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:Clubhouse2: Yes
  • Community Features:Gated2: Yes
  • Community Features:Lake: Yes
  • Community Features:Park2: Yes
  • Interior Features:Recessed Lighting: Yes
  • Community Features:Fishing: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Exterior Features: Lighting, Rain Gutters
  • Acres: 0.34
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Exterior Features:Rain Gutters: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Lighting: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.0
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Fireplace Insert, Forced Air, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Fireplace Insert: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Gated, Golf, Lake, Park, Playground, Pool, Tennis Court(s)
  • Association Fee: 1136.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Royale Property Association
  • Phone: 252-478-2141
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lake Royale Property Association
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Gated: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Picnic Area: Yes
  • Association Amenities:Powered Boats Allowed: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1136.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 019088

Tax Info

  • Tax Annual Amount: 153.34
  • Tax Year: 2023

MLS Schools

  • Elementary School: Franklin - Ed Best

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Sold $340,000 +1.5% $210 / Sq Ft
07/21/2025 07/21/25 Pending -- -- --
07/04/2025 07/04/25 For Sale $335,000 0.0% $207 / Sq Ft
06/14/2025 06/14/25 Pending -- -- --
06/03/2025 06/03/25 Price Changed $335,000 -2.9% $207 / Sq Ft
05/14/2025 05/14/25 Price Changed $345,000 -1.0% $213 / Sq Ft
03/27/2025 03/27/25 Price Changed $348,500 -0.4% $215 / Sq Ft
12/14/2024 12/14/24 Price Changed $350,000 -2.8% $216 / Sq Ft
09/09/2024 09/09/24 Price Changed $360,000 -1.4% $222 / Sq Ft
06/17/2024 06/17/24 For Sale $365,000 +2181.3% $225 / Sq Ft
12/15/2023 12/15/23 Off Market $16,000 -- --
06/06/2023 06/06/23 Sold $16,000 -11.1% --
03/31/2023 03/31/23 Pending -- -- --
03/27/2023 03/27/23 Price Changed $18,000 -5.3% --
03/06/2023 03/06/23 Price Changed $19,000 -9.5% --
02/11/2023 02/11/23 For Sale $21,000 -- --
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10035512

Doorify MLS