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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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1337 Sagamore Dr , Louisburg, NC 27549
$850,000
Est. Payment: $4,777.03/mo
3 Bed
4 Bath
3247 Sqft
0.41 Acres
Status: pending | Days on site: 7
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Terri Bias
Operator/Brokerage Owner

House Description

Welcome to Laurel Cottage, nestled on the east shore of coveted Lake Royale to capture the magnificent water views and awesome sunsets! A truly special waterfront retreat in the gated Lake Royale community! Thoughtfully positioned among majestic, mature oaks rather than a clear-cut homesite, this beautifully maintained property offers an uncommon combination of privacy, natural beauty and wonderful water views. Entering the property thru majestic stone pillars, the professionally designed landscaping incorporates natural stone, mature flowering trees and shrubs, and natural areas that lead toward the lake. Waterfront living is the star here with a private boathouse and boat lift, 3 spacious docks and plenty of room to relax and enjoy life on the water. A large, screened porch extends the living space outdoors, while the primary suite features its own private balcony overlooking the peaceful surroundings. Inside, extensive improvements include new LVP flooring in 2026, a beautifully renovated primary bath in 2025, an updated kitchen with quartz countertops, recessed and under-cabinet lighting, refreshed interior paint and upgraded upstairs carpeting. An approximately 600 SF bonus/office suite with a full bath and walk-in closet offers exceptional flexibility for guests, home office, recreation, hobbies or additional living space. Additional features include a fenced front yard with electric gate, fireplace, fortified storm/safe room, encapsulated crawlspace with dehumidifier, front and rear irrigation, whole-house water filtration with UV treatment, UV treatment on 2 HVAC systems, security system, gutter protection and pre-wiring for partial-home generator power. Enjoy all that Lake Royale has to offer, including boating, fishing, kayaking, beaches, swimming, pickleball, tennis, basketball, clubhouse activities and community events, plus 2 memberships to The River Golf Club. A beautifully updated home, incredible outdoor living and an exceptional waterfront setting—Laurel Cottage offers the Lake Royale lifestyle you've been waiting for!

Highlights

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

Property Type

Residential

Lot/Acreage
0.41

HOA Fee

104.37 Annually

Year Built

2004

County

Franklin

Neighborhood

Lake Royale

Listing ID

10190653

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Dishwasher, Free-Standing Gas Range, Free-Standing Range, Free-Standing Refrigerator, Gas Range, Ice Maker, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Satellite Dish
Air Cond:Ceiling Fan(s),Central Air
Fireplaces:Gas Log,Living Room,Propane
Floor:Carpet,Simulated Wood,Tile,Wood
Above Ground Sq Ft:3247
Other:
  • ▪ Additional:Breakfast Bar, Cathedral Ceiling(s), Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, High Ceilings, Kitchen Island, Open Floorplan, Recessed Lighting, Soaking Tub, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
Water:Community Water

Exterior Features

Lot:Gentle Sloping,Sloped,Waterfront,Boat Dock,Water View,Lake,Lake Front,Lake Privileges,Seawall
Zoning:FCO R-30
Roof:Shingle
Others:
  • ▪ Additional:Barbecue, Boat Slip, Dock, Garden, Lighting, Outdoor Grill, Private Yard, Rain Gutters, Covered, Deck, Enclosed, Front Porch, Patio, Screened, Boat House
Sewer:Septic Tank
Parking Features:Attached,Driveway,Garage,Garage Door Opener,Two Car Garage,Attached Garage
Principal Interest
$4,777
Taxes
$542
HOA
$104

Home Price

$850,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$170,000
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:
$4,777.03

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $4,777.03 $541.88 $104.37 $5,423.27
Yearly $57,324.35 $6,502.50 $1,252.44 $65,079.29
Total $1,719,730.41 $195,075.00 $37,573.20 $1,952,378.61

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: 2026-10-14T19:53:58.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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