Lake Royale Homes under $350,000

Welcome to Lake Royale, a hidden gem nestled in the heart of Franklin County, North Carolina! This picturesque subdivision, located just outside the charming city of Louisburg, offers a serene escape for those seeking a peaceful lifestyle surrounded by nature. With its beautiful lakes, lush landscapes, and vibrant community spirit, Lake Royale is the perfect place to call home.

One of the most appealing aspects of Lake Royale is the variety of homes available, particularly for those looking for an affordable option. Here, you can find charming residences priced under $350,000 that cater to diverse tastes and preferences. Whether you're searching for a cozy cottage, a modern ranch-style home, or a spacious two-story dwelling, Lake Royale has something for everyone.

Imagine waking up to the gentle sounds of nature, enjoying your morning coffee on a sun-drenched porch, or taking a leisurely stroll around the scenic lake. The community is designed for outdoor enthusiasts, with plenty of opportunities for fishing, boating, and hiking. The friendly atmosphere and active community events make it easy to connect with your neighbors and create lasting friendships.

Conveniently located just a short drive from Louisburg, residents of Lake Royale enjoy easy access to local shops, restaurants, and amenities while still reveling in the tranquility of suburban living. With a strong sense of community and affordable housing options, Lake Royale is the ideal place to find your dream home and start your next chapter. Come explore the possibilities and discover why so many families are choosing to make Lake Royale their forever home!

Newest Lake Royale Homes under $350,000

204 Sacred Fire Rd Unit 3083p, Louisburg

$336,900

3 Beds ⋅ 3 Baths ⋅ 10200684 MLS

DEDICATED HOME OFFICE, SPACIOUS PRIMARY SUITE & SEMI-CUSTOM FLEXIBILITY! Discover the Hudson 2013 by True Homes in Lake Royale, offering approximately 2,201 square feet with 3 bedrooms, 2.5 baths and thoughtfully designed living spaces. The main level features a private Study, open-concept Great Room, kitchen with island and pantry, and a dedicated Dining Room. Upstairs, the Primary Suite offers a relaxing sitting area, while two additional bedrooms, a full bath, convenient laundry and a versatile Game Room complete the layout. Make this home uniquely yours with available structural options, including a fourth bedroom, expanded garage configurations, an additional main-level bedroom and bath, a sunroom, screened porch or covered outdoor living area. Explore available kitchen enhancements, fireplace options, luxury primary bath configurations and designer finishes to personalize your new home. Located in Lake Royale near Louisburg, this proposed construction opportunity offers the flexibility to create a home that reflects your lifestyle. Options are subject to availability, homesite compatibility and additional cost.

204 Sacred Fire Rd Unit 3083p, Louisburg

$249,900

3 Beds ⋅ 2 Baths ⋅ 10198727 MLS

Your Lake Royale Lifestyle Awaits! Discover the perfect blend of comfort, fresh updates, and lake community living in this beautifully refreshed 3-bedroom home in the sought-after, gated community of Lake Royale! Step inside and enjoy a fresh new feel with updated LVP flooring, fresh paint, a refreshed kitchen, and two completely renovated bathrooms. Just minutes from the lake, pavilion, and clubhouse, you'll love having community amenities and recreational opportunities close to home. Whether you're looking for a peaceful retreat, a weekend getaway, or a place to call home year-round, this property offers an exciting opportunity to enjoy the Lake Royale lifestyle. Don't wait to make your move—schedule your private showing today and discover the possibilities!

232 Sequoia Dr, Louisburg

$265,000

3 Beds ⋅ 2 Baths ⋅ 10198050 MLS

Enjoy resort-style living in the gated Lake Royale community! Nestled among mature trees on nearly half an acre, this charming 3-bedroom, 2-bath ranch features over 1,600 square feet of comfortable one-level living centered around a dramatic floor-to-ceiling stone fireplace that serves as the stunning focal point of the living area. The spacious kitchen features abundant cabinetry and flows seamlessly into the dining and living areas, while the expansive enclosed porch provides the perfect place to enjoy your morning coffee, entertain guests, or simply unwind while taking in the peaceful, wooded surroundings throughout the seasons. Generous primary suite features French doors leading to the large rear deck that extends your outdoor living space. The deck overlooks the private backyard, providing even more room to relax and enjoy nature. Secondary BR is also ample sized and has windows that open up to the sunroom. The walk-in crawl space and partially floored attic space will assist you with some of your storage needs. A recent seller improvement includes a whole-house water purification system, and the home previously received roof enhancements designed to improve wind resistance. New laminate flooring was just installed in the primary BR. First American Home Warranty included! Lake Royale residents enjoy an exceptional resort-style lifestyle with access to a 345-acre lake for boating and fishing, multiple beaches, a swimming pool, clubhouse, golf course, fitness center, pickleball and tennis courts, playgrounds, and a full calendar of community activities. Whether you're searching for your primary residence or a relaxing weekend getaway, this home offers the perfect blend of comfort, privacy, and recreation.

439 Shawnee Dr, Louisburg

$80,000

1 Beds ⋅ 1 Baths ⋅ 10197922 MLS

Ready for your vacation! Camper and Lot in the gated Lake Royale Community. 1-Bedroom, 1- Bath, with large flex space, living room, deck, and shelter, with separate storage room. Lake Royale features lots of community amenities including beach access, cluhouse, boating, fishing, kayaking and lots of fun community events! Nearby 18-hole golf course, located just outside the community. Enjoy the lake view relaxing on your large deck!

1544 Sagamore Dr, Louisburg

$200,000

2 Beds ⋅ 1 Baths ⋅ 10194352 MLS

Double lot in Lake Royale's gated lake community, offering a low-maintenance tiny home suitable for full-time living, weekend use, or an affordable second home near the water. Approx. 349 sq ft total, with 224 sq ft on the main level and 125 sq ft of combined loft space. Interior includes shiplap walls, tongue and groove ceiling, and luxury vinyl plank flooring. Kitchen features quartz countertops, custom cabinetry, stainless workstation sink, full-size appliances, electric range with vent hood, pantry cubbies, and washer/dryer hookup. Bathroom offers residential shower, quartz vanity, and custom cabinetry. Primaryloft includes built-in closet. Mini-split system for efficient heating and cooling. Built on a ''Trailer Made'' trailer with 50-amp service, 17 windows, cedar siding,cedar shake accents, and metal roof. Property includes a 12x24 climate-controlled shed, 8x24 covered storage, two driveways, and septic system. Turnkey with lot available or Tiny Home alone available for $110,000. Community amenities include boating, fishing, swimming, pool, clubhouse, and recreation areas.

111-113 Red Oak Dr, Louisburg

$290,000

3 Beds ⋅ 2 Baths ⋅ 10192030 MLS

Step into a little storybook magic at 155 Rawhide Dr! This charming log cabin-style home offers a one of a kind retreat in the sought after Lake Royale community. Nestled on half an acre, this 3 bed, 2 bath home offers 1,540 sqft of warm and inviting living space filled with character. Inside, soaring ceilings, exposed wood beams, beautiful natural wood finishes, and an abundance of windows create an incredible sense of space while allowing natural light to pour throughout the home. The dramatic family room is truly the heart of the home, with its wall of windows, cathedral ceiling, and stunning exposed beams. Two bedrooms and a full bath are conveniently located on the main level, while upstairs you will find the 3rd bedroom, 2nd full bath, and a charming loft overlooking the living space below. The kitchen adds a playful touch with its custom green cabinetry and wood countertops. Step outside onto the expansive deck and enjoy your morning coffee, evening conversations, or simply the peaceful wooded surroundings. A spacious two car carport provides convenient covered parking, while the half-acre lot offers plenty of room to enjoy the outdoors. And then there's Lake Royale! Residents can enjoy an abundance of amenities designed for enjoying life outdoors, including the lake, golf course, beaches, fishing, swimming, boating, tennis, pickleball, basketball, walking trails, a community pool and so much more! Whether you are searching for a full time home, weekend retreat, or a place to escape the everyday, this unique property is ready to become the setting for your next adventure. Come see where your next chapter begins!

155 Rawhide Dr, Louisburg

$275,000

3 Beds ⋅ 2 Baths ⋅ 10191856 MLS

Welcome to easy one-level living in the gated Lake Royale community! This 3-bedroom, 2-bath ranch offers 1,427 square feet with an open floor plan designed for comfortable everyday living. Gather around the fireplace in the living room, unwind in the primary suite with a soaking tub and walk-in closet, and enjoy the convenience of a dedicated laundry room and two-car garage. Outside, the .75-acre partially wooded lot offers plenty of room to enjoy the outdoors, with both a deck and patio for relaxing or entertaining, plus RV access and parking. Public water and a private septic system serve the property. Living in Lake Royale means there's even more to enjoy beyond your own backyard. This gated community offers an amenity-rich lifestyle with lake and boat ramp access, a swimming pool, tennis courts, and more. Whether you're spending the afternoon on the water, enjoying the community amenities, or simply relaxing at home among the trees, 121 Rawhide Drive offers a wonderful combination of space, recreation, and relaxed living. This is a double lot consisting of 121 and 123 Rawhide Drive. The two lots together make up the 0.75 acres. Buyer may receive a $2,000 lender credit with use of preferred lender Crystal Vroman of Alta Lending. HOA Transfer Fee $50. Up to two people listed on the deed will have free golf at The River GC. The cart fee is $25 per person...free to walk.

121 Rawhide Dr, Louisburg

$310,000

3 Beds ⋅ 2 Baths ⋅ 10191175 MLS

544 Shawnee Dr is a single-story Louisburg home set on a wooded lot. The kitchen centers on an island with stainless steel appliances, a tile backsplash, and generous counter space that opens to the dining area and main living room finished with a tray ceiling. The primary bedroom features its own tray ceiling and connects to a walk-in closet for storage and organization along with a full bathroom that includes a double vanity, a soaking tub, and a separate shower. A drop-zone entry and a dedicated laundry room add everyday function, while a rear deck extends the usable living space outdoors. A two-car attached garage completes this well-maintained residence with practical amenities throughout every room.

544 Shawnee Dr, Louisburg

$270,000

3 Beds ⋅ 2 Baths ⋅ 10190367 MLS

NEW PRICE! MOTIVATED SELLERS! 114 Cherokee Dr. is an updated easy living ranch home with a brand new roof as of August 2026, tucked into the gated Lake Royale subdivision of Louisburg. See documents for specific details! Its 3 bedrooms and 2 bathrooms offer accommodations for all of life's necessities. Vaulted ceilings will greet you as you enter through the front door. There you will find everything within close reach. A laundry room lies to your left as you enter and is paired next to the master bedroom with sizeable walk-in closet in addition to luxurious amenities. Double basins and a garden tub in the master bath furnish the sharable space as well as a walk-in closet. Illuminated by the large privacy glass window. Additionally, bathing is facilitated by the stand-alone shower. Upon entry to the home on the right you find the living room with kitchen and dining areas beyond. In the kitchen you will find the common facilities and abundant storage space in a freshly remade environment. A bar separates the kitchen from the dining area, simplifying food service, feasting and cleanup. Ceiling fans accommodate every bedroom. The deck behind the house gifts one with the option of outdoor dining. The third acre lot requires minimal maintenance and includes a shed for mower storage and more. The lake beckons and it is just a short stroll away. Basic ease and simplicity coupled with a paradise location and an affordable price establish considerable value in this lake home. Extensively updated, this home needs only you and the community amenities are extensive! Come one, come all!

114 Cherokee Dr, Louisburg

$327,000

3 Beds ⋅ 2 Baths ⋅ 10189616 MLS

Welcome home to this move-in-ready ranch situated on a spacious corner lot of over 1.25 acres in the gated Lake Royale community! Built in 2004, this well-maintained 3-bedroom, 2-bath home has been beautifully refreshed and is ready for its next owner. The interior features fresh paint throughout—including walls, ceilings, trim and closets—along with brand-new carpet, updated fans and lighting, and beautiful wood floors. The comfortable ranch-style floor plan offers a dedicated dining area, inviting living room with gas-log fireplace, and a spacious kitchen featuring granite tile countertops, breakfast bar and plenty of room to gather. The primary suite includes its own separate sitting room, creating a wonderful private space for reading, relaxing, an office or quiet retreat. Step outside to the large covered and screened back porch overlooking a peaceful, private wooded backyard with plenty of room to enjoy the outdoors. A newer roof and whole-home generator add even more value and peace of mind, and the washer, dryer and kitchen refrigerator all convey! Lake Royale offers a lifestyle all its own with gated access, a private police department and maintenance department, along with an impressive variety of community amenities including beaches, clubhouse, pickleball, boating, fishing, kayaking and numerous community events throughout the year. Property ownership also includes two memberships to The River Golf Club, an 18-hole golf course located just outside the community. With over 1.25 acres, extensive recent updates and so much already included, this home offers an outstanding combination of space, privacy, amenities and value!

1268 Sagamore Dr, Louisburg

$105,000

1 Beds ⋅ 1 Baths ⋅ 10188962 MLS

DOUBLE LOT! Welcome to this beautifully renovated home sitting on a double lot! This property is located in the highly desired, gated, Lake Royale Neighborhood! Not only are you steps away from the lake, you can still enjoy the basketball/tennis courts, two beaches, community pool, clubhouse and so much more! Don't miss the chance to make this house your home!

122 Tomahawk Dr, Louisburg

$200,000

1 Beds ⋅ 1 Baths ⋅ 10182064 MLS

Escape to your own private waterfront retreat in the gated community of Lake Royale. Whether you're looking for a weekend getaway, vacation property, or a peaceful place to relax year-round, this lakefront property offers the lifestyle you've been dreaming about. Wake up to breathtaking water views, enjoy your morning coffee overlooking the lake, spend your afternoons boating, fishing, kayaking, or paddleboarding, then unwind with stunning sunsets from your own waterfront lot. A private floating dock provides direct access to the lake, making every day feel like a vacation. The well-maintained Park Model is being sold fully furnished, making your transition to lake life effortless. Inside, you'll find a functional galley kitchen, a cozy living room with a fireplace and a beautiful bay window that frames the lake views, creating the perfect place to relax after a day on the water. A stackable washer and dryer add everyday convenience, while the loft area provides additional sleeping space, accommodating up to six guests. Whether you're enjoying a quiet weekend away or hosting family and friends, this thoughtfully designed retreat offers comfort, functionality, and everything you need to start making memories from day one. Lake Royale is one of North Carolina's premier gated lake communities, offering resort-style amenities including a 345-acre lake, community beaches, swimming pool, clubhouse, golf course, tennis and pickleball courts, outdoor recreation, and year-round community events. Conveniently located within an easy drive of Raleigh and the surrounding Triangle area, this is an exceptional opportunity to own affordable waterfront property without compromising on amenities or lifestyle. Whether you're searching for a peaceful escape, a place to make lasting family memories, or your own slice of lakefront paradise, this property is ready to welcome you home.

126 Big Horn Dr, Louisburg

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .

Lake Royale Homes under $350,000

Newest Lake Royale Homes under $350,000

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