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$199,900
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Property Description
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. Primary loft 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.
Full Property Details
Full Property Details for 111-113 Red Oak Dr
General
- Price: $199,900
- HOA FEE: $99/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Lots/Land
- Source: 2218
- MLS ID: 10122953
- Updated: 11/7/2025
- Added to Site: 121 day(s) ago
Additional Information
- Shared Amenities: Barbecue, Basketball Court, Beach Access, Boat Dock, Clubhouse, Coin Laundry, Exercise Course, Fitness Center, Game Court Exterior, Golf Course, Jogging Path, Laundry, Maintenance Grounds, Management, Marina, Meeting Room, Park, Picnic Area, Playground, Pool, Powered Boats Allowed, Recreation Facilities, Recreation Room, Security, Shuffleboard Court, Storage, Trail(s)
- Pool: Yes
Location
- County: Franklin
- Subdivision: Lake Royale
- Driving Directions: From Raleigh, 401-N Rt on NC 98 to Bunn. Continue straight onto Baptist Church Rd, R on Sledge Rd, L on Cheyenne Dr, L on Shawnee Rd, continue toPinto Dr. R on Eagle Dr, L on Sagamore Dr. R to stay on Sagamore Dr. L on Red Oak Dr. Propery on Left.
School Information
- Elementary School: Franklin - Ed Best
- Middle School: Franklin - Bunn
- High School: Franklin - Bunn
Community
- Association: Yes
- Assoc. Fees Include: Security, Storm Water Maintenance
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Cable Available, Electricity Connected, Phone Available, Septic Available, Septic Connected, Water Connected
Additional Structures
- Other Structures: Shed(s), Storage, Workshop
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,196.8
- Lot Dimensions: see survey
- Frontage: Private Road
- Street/Road Desc.: Asphalt, Paved
- Lot Features: Cleared, Few Trees, Landscaped
- Best Use: Mixed Use, Single Family
Financial Considerations
- Price Per Acre: $713,928.57
- Association Fee: $1,193
- Assoc Fee Freq.: Annually
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 2831465877
- Lot Number: 111-113
Listed by Coldwell Banker HPW, Jim Allen (919) 645-2114
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Price & Sales History for 111-113 Red Oak Dr
Date
Details
Price
Change
Source
11/07/2025
Price Reduced
$199,900
-0.05%
MLS
9/19/2025
Listed
$200,000
300%
MLS
6/01/2023
Sold
$50,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 111-113 Red Oak Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$202
2%
$35,370
—
2024
$198
130%
$35,370
255%
2023
$86
-69%
$9,950
62%
2022
$277
29%
$6,150
—
2021
$215
1244%
$6,150
—
2020
$16
-6%
$6,150
—
2019
$17
-19%
$6,150
—
2018
$21
-34%
$6,150
-2%
2017
$32
68%
$6,280
—
2015
$19
171%
$6,280
—
2014
$7
—
$6,280
—
2013
$7
—
$6,280
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111-113 Red Oak Dr
111-113 Red Oak Drive, Louisburg, NC 27549 (MLS# 10122953) is a Lots/Land property with a lot size of 0.28 acres. 111-113 Red Oak Drive is currently listed for $199,900 and was received on September 19, 2025. Want to learn more about 111-113 Red Oak Drive? Do you have questions about finding other Lots/Land real estate for sale in Louisburg? You can browse all Louisburg real estate or contact a Coldwell Banker agent to request more information.

