316 Shawnee Drive, Louisburg, NC 27549
Lake Royale · Franklin County
Key Facts
Description
BACK ON THE MARKET BY NO FAULT OF THE SELLERS! Are you ready to live the Lake Life? This great residential building lot in the gated community of Lake Royale is waiting for you to build your dream home. Lake Royale features a 345-acre recreational lake for boating, fishing, and swimming. There are also many other amenities to keep you busy. There is basketball, tennis, pickle ball, shuffleboard, miniature golf, beaches, and an 18-hole golf course. Build now or build later but do not miss out on this opportunity today. A soil study has been completed for this property.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
0.34 acres
Lot Dimensions
75-200-75-200
Zoning
FCO R-30
Days on Market
85
MLS® Listing#
10141723
Property Features
Parking
Fencing
Lot Features
Other Structures
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Franklin - Edward Best Elementary
- Middle:
- Franklin - Bunn Middle
- High:
- Franklin - Bunn High
Financial Details
HOA
$1,193 / Annually
Annual Taxes
$253
Tax year 2025
Assessed Value
$25,000
Parcel Number
023172
Directions
From Sledge Rd. Turn into Lake Royale neighborhood. After gate house turn left onto Shawnee Dr. Property will be on the left
Affordability Calculator
$5,900
Estimated monthly payment
$157/mo
Principal $23,600 · Est. interest $32,924 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Louisburg, NC
- $342,000
- Median Listing Price
- 69
- Median Days on Market
- 1,901
- Median Sq Ft
- $200
- Median Price / Sq Ft
- 158
- Active Listings
- This home’s price is 91% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Louisburg, NC.
Location
Points of Interest in Louisburg, NC
Showing the Louisburg area map.
Nearby Schools
Bunn High School
Secondary · 2.4 mi away
Calvary Christian School
School · 2.9 mi away
Bunn Elementary School
Elementary · 3.6 mi away
Spring Hope Elementary
Elementary · 5.6 mi away
Edward Best Elementary School
Elementary · 9.1 mi away
Southern Nash Middle School
Secondary · 9.1 mi away
Louisburg Elementary School
Elementary · 9.3 mi away
Royal Elementary School
Elementary · 9.6 mi away
Crosscreek Charter School
Elementary · 10.1 mi away
Terrell Lane Middle School
Secondary · 10.2 mi away
Franklin County Schools
School · 10.4 mi away
Southern Nash High School
Secondary · 10.5 mi away
ABC Adventures
School · 10.5 mi away
Wakelon Elementary School
Elementary · 10.6 mi away
Franklin County Early College
Secondary School · 10.7 mi away
Zebulon Elementary
Elementary · 10.8 mi away
East Wake Academy
School · 10.8 mi away
Zebulon GT Magnet Middle School
Secondary · 11.0 mi away
Louisburg Magnet High
Secondary · 11.2 mi away
Louisburg High School
Secondary · 11.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 144 Oswego Drive, Louisburg, NC | $22,000 | — | — | — |
| 136 Chama Drive, Louisburg, NC | $22,000 | — | — | — |
| 137 Seneca Drive, Louisburg, NC | $24,000 | — | — | — |
| 133 Osage Drive, Louisburg, NC | $24,000 | — | — | — |
| Lot 2 Hayes Street, Louisburg, NC | $25,000 | — | — | — |
| 0 Sutton Road, Louisburg, NC | $28,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Louisburg
Listing Courtesy: Howard Hanna Allen Tate LAKE ROYALE - 2524785608
Last Updated: 2026-01-16