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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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118 Geronimo Dr , Louisburg, NC 27549
$139,900
Est. Payment: $786.24/mo
0.28 Acres
Status: active | Days on site: 8
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Terri Bias
Operator/Brokerage Owner

House Description

Welcome to the Lake Life! This great double multi use lot located on a quiet street on the North end of the lake is waiting for you. The one bedroom, 1 bath camper features and enclosure and build over. There is an added screened deck area that has a snap-on cover to allow you to use it year-round. The screened addition is nicely outfitted with carpet, ceiling fans, built in folding tables, and lots of room for entertaining or relaxing. The main camper has a new HVAC and there is a new window unit on the screened porch area. There is a second 1 bedroom 1 bath camper on the lot for extra space. Outside you can find a cozy spot around the fire pit and enjoy views of the lake. Water, electric and a 2-bedroom septic system are already in place. There is a second entrance off of Tonto Dr. Here you will find another 50 Amp electric and water hook-up. Lake Royale is a private, gated community located approximately 30 minutes outside of Raleigh. There is a 345- acre recreational lake for all your boating or fishing needs. The community also offers beaches for swimming, basketball, pickle ball, volleyball, golf, a clubhouse, pool, and much more. As a property owner you receive 2 free memberships to the 18-hole golf course located at The River. Come see it today!

Highlights

Listed by Christopher Edward Mink , and Dan Gunther , Howard Hanna Allen Tate LAKE ROYALE , Triangle MLS, Inc. of North Carolina mls logo

Property Type

Vacant Land

Lot/Acreage
0.28

HOA Fee

1252.44 Annually

County

Franklin

Neighborhood

Lake Royale

Listing ID

10196927

Questions about this listing?

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Interior Features

Water:Public

Exterior Features

Lot:Cleared,Few Trees
Lot Dimensions:60x100
Zoning:FCO R-30
Others:
  • ▪ Additional:Shed(s)
Sewer:Septic Tank
Principal Interest
$786
Taxes
$89
HOA
$1,252

Home Price

$139,900

Loan Details

30 yrs
7.548%

Down Payment

20%
$27,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$786.24

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $786.24 $89.19 $1,252.44 $2,127.87
Yearly $9,434.91 $1,070.24 $15,029.28 $25,534.43
Total $283,047.39 $32,107.05 $450,878.40 $766,032.84

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Louisburg, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-10-14T15:51:28.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina