Lake Royale Homes under $400,000

Lake Royale Homes under $400,000

Welcome to Lake Royale, a hidden gem nestled in the heart of Franklin County, North Carolina. This picturesque subdivision, located just outside the charming town of Louisburg, offers a unique blend of serene lakeside living and vibrant community spirit. With a stunning 345-acre lake at its center, Lake Royale is the perfect destination for those who cherish nature, outdoor activities, and a tight-knit neighborhood atmosphere.

Homes in Lake Royale provide an exceptional value, with many options available under $400,000. Whether you’re a first-time homebuyer, looking to downsize, or seeking a vacation retreat, you’ll find a diverse selection of properties that cater to different lifestyles and preferences. From cozy cottages to spacious family homes, each residence is designed to embrace the beauty of its surroundings while offering modern comforts.

Living in Lake Royale means enjoying a wealth of recreational opportunities. Spend your weekends fishing, kayaking, or simply soaking in the sun on the shores of the lake. The community also features amenities such as a clubhouse, swimming pool, and picnic areas, making it easy to connect with neighbors and create lasting memories.

In addition to its natural beauty, Lake Royale is conveniently located near the quaint shops and restaurants of Louisburg, providing easy access to all the essentials. With its affordable housing options and vibrant community life, Lake Royale is not just a place to live; it’s a lifestyle waiting to be embraced. Come discover your dream home in this idyllic setting, where tranquility meets community charm!

Newest Lake Royale Homes under $400,000

119 Mayan Dr, Louisburg
$399,000
3 Beds ⋅ 3 Baths ⋅ 10200714 MLS
Bring your boat, RV, and golf clubs and make this gorgeous home yours just in time for the holidays! This home has been thoughtfully designed and constructed from high quality materials and finishes - no builder grade stuff in here! You'll feel like you built a custom home at a fraction of the price! Special features include custom wood shelved pantry, drop zone, and closets, LVP flooring throughout - NO CARPET! - boxed oak stair treads with open iron rails, electric fireplace, cathedral ceiling in the living room, and matte black hardware and light fixtures. The kitchen is the heart of this home and provides lots of cabinet storage, countertop space, and effortless entertaining. The first floor primary suite includes a spacious walk in closet, 5' tiled shower, double vanities, and water closet. There's also a first floor flex room with a large closet that would make the perfect office, playroom, or guest room. Upstairs you'll find two bedrooms, a guest bath with double vanities, a large bonus room as well as some unfinished walk-in storage. The tree lined lot has a spacious front and back yard - watch the leaves fall on your screen porch! Interior photos are representative but the trim, colors, finishes, fixtures etc will be as pictured. Home is currently in drywall. Refrigerator not included and there is no tray ceiling in the primary bedroom. Lake Royale is a year round vacation-style community with a 3.5-mile lake, two beaches, boat ramps, clubhouse, outdoor pool, tennis & pickleball, volleyball, basketball, mini golf, shuffleboard, campsites, comfort centers, and More! The events committee provides a full calendar including food trucks, concerts, bingo, karaoke, movies on the beach, and 4th of July fireworks--you'll never run out of things to do! AND a free River Golf Course membership for two is included in your annual POA dues!

119 Mayan Dr, Louisburg

112 Horse Shoe Dr, Louisburg
$394,900
4 Beds ⋅ 3 Baths ⋅ 10199075 MLS
Welcome to lake living at its best! This thoughtfully constructed, FOUR-bedroom, 2.5-bath home in the Lake Royale community offers 1,923 square feet of modern living space, combining a functional layout with the fresh-start appeal of brand-new construction. The expansive front porch creates a welcoming first impression, while the screened-in back porch offers the perfect spot to unwind or enjoy with friends. Inside, the open-concept floor plan is designed for entertaining, featuring a large kitchen with a built-in pantry, soft-close cabinets, and a massive quartz countertop island perfect for weekend breakfasts, meal prep, or gathering around to watch the big game. Just inside the front door, a versatile bedroom offers the flexibility to serve as a home office, guest room, or flex space as your needs change. The private primary suite is tucked away at the back of the home and features a spacious walk-in closet and a massive walk-in shower. The massive two-car garage provides excellent storage, while the walk-in, encapsulated crawl space offers additional clean storage with a concrete pad for those items you need to keep but don't want inside your living space. No detail was overlooked in the construction of this brand-new home. Quality finishes include durable Hardie® board siding, an insulated garage, and luxury vinyl plank (LVP) flooring throughout the main living areas. Better yet, this new home is all within a stone's throw away from Lake Royale's boating, golf, pickleball and restaurants. Come and see!

112 Horse Shoe Dr, Louisburg

244 Sequoia Dr, Louisburg
$379,900
3 Beds ⋅ 2 Baths ⋅ 10198542 MLS
Looking for a lake home nearby, with all the amenities, including a fully staffed gatehouse and security detail, that's an easy drive from Raleigh for a quick getaway or extended stay with enough room to entertain friends and family? Resort-style living meets custom-quality craftsmanship in this stunning new construction home at 244 Sequoia Drive. Nestled on a 0.34-acre lot in the coveted Lake Royale gated community, on a lot backing to woods, this nearly 2,000 sq ft, 3-bed, 2-bath open-floor-plan ranch stands out with custom details. LVP flooring, a chef's kitchen with granite countertops, soft-close cabinetry, a tile backsplash, a coffee bar, and a premium stainless steel appliance package, plus a massive island for hosting friends and family on weekends at your lake home. The private primary suite boasts quartz countertops and a custom tiled shower extending to the ceiling with a built-in bench. Solid wood shelving throughout all closets replaces standard wire racks for elevated durability. Relax on your covered screened deck, enjoying the privacy and view of the woods, birds, and family of deer who visit daily. Enjoy unmatched community amenities: a 345-acre lake, boating, beaches, a pool, tennis, clubhouse, incredible social calendar of events, and an 18-hole golf course! The peace of mind knowing your lake home is secure while you are away, space for friends and family to visit with parking for everyone, amenities to match all preferences, and quality construction from a local family builder committed to excellence: Our mission is to help other families create legacies of their own by providing well-built, affordable homes that stand the test of time. We treat every project like it's our own, because in a way, it is. Each home we build contributes to the story we're writing for our children, our community, and the generations who will follow us. Ready to get your keys and start enjoying life at the lake?

244 Sequoia Dr, Louisburg

439 Shawnee 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

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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 .

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