111 Chanute Circle, Louisburg, NC 27549
Lake Royale · Franklin County
Key Facts
Description
Welcome to Lake Royale! Vacation Every Day! Use one of our Turn-Key Builders or Yours. Boating, Swimming, Fishing, Tennis, Pavilion, Clubhouse, 2 Beaches, Volleyball, Putt-Putt, 18-Hole Golf Course on Golf Side. Planned Events Year Round. Pictures are IntroducingYou to the Community. Description of the type of lot is noted in the ''Features'' section.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
0.47 acres
Lot Dimensions
199 x 61 x 86 x 145 x 93
Zoning
FCO R-30
Days on Market
75
MLS® Listing#
10164756
Property Features
Lot Features
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Franklin - Edward Best Elementary
- Middle:
- Franklin - Bunn Middle
- High:
- Franklin - Bunn High
Financial Details
HOA
$1,252
Annual Taxes
$253
Tax year 2025
Assessed Value
$20,000
Parcel Number
021154
Directions
Capital Blvd to NC98. E on 98 to Bunn. Straight on Jewitt, R on Sledge and L at Lake Royale entrance. After gate security, R on Shawnee, R on Sagamore past the dam. R on Sequoia Dr. R on Chanute. Lot is on the left.
Affordability Calculator
$2,800
Estimated monthly payment
$75/mo
Principal $11,200 · Est. interest $15,625 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Louisburg, NC
- $344,898
- Median Listing Price
- 69
- Median Days on Market
- 1,901
- Median Sq Ft
- $200
- Median Price / Sq Ft
- 160
- Active Listings
- This home’s price is 96% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Louisburg, NC.
Location
Getting Around
Points of Interest in Louisburg, NC
Showing the Louisburg area map.
Nearby Schools
Bunn High School
Secondary · 3.6 mi away
Calvary Christian School
School · 3.9 mi away
Spring Hope Elementary
Elementary · 4.5 mi away
Bunn Elementary School
Elementary · 4.8 mi away
Southern Nash Middle School
Secondary · 8.4 mi away
Edward Best Elementary School
Elementary · 8.7 mi away
Louisburg Elementary School
Elementary · 9.9 mi away
Southern Nash High School
Secondary · 9.9 mi away
Terrell Lane Middle School
Secondary · 10.5 mi away
Crosscreek Charter School
Elementary · 10.5 mi away
Royal Elementary School
Elementary · 10.6 mi away
ABC Adventures
School · 10.9 mi away
Franklin County Schools
School · 10.9 mi away
Franklin County Early College
Secondary School · 11.4 mi away
Wakelon Elementary School
Elementary · 11.6 mi away
Louisburg Magnet High
Secondary · 11.6 mi away
Louisburg High School
Secondary · 11.6 mi away
East Wake Academy
School · 11.7 mi away
Zebulon Elementary
Elementary · 11.7 mi away
The Spa Academy
School · 11.8 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 |
|---|---|---|---|---|
| 1318 Sagamore Drive, Louisburg, NC | $14,900 | — | — | — |
| 104 Santee Drive, Louisburg, NC | $14,900 | — | — | — |
| 153 Omaha Drive, Louisburg, NC | $15,000 | — | — | — |
| 153 Omaha Drive, Louisburg, NC | $15,000 | — | — | — |
| 235 Eagle Drive, Louisburg, NC | $18,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Louisburg
Listing Courtesy: Parler Properties LLC - 9193574649
Last Updated: 2026-05-03