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$145,000
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Property Description
Beautiful Woodland Park park model home set up in the summer of 2023. Like new and ready for the summer at the lake! With mini splits, a fireplace, gas stove, Gutterguards installed, and full size appliances to include a new washer and dryer this little lake retreat will be your favorite place to get away from it all. There is SEPTIC on site and community water. Everything is ready to go, bring your boat and come on. There is plenty of room on this quadruple lot for ALL of your lake toys but you pay POA dues for only one. There are 2 buildings for storage and lots of room for outdoor activities. The smaller shed has electric, including a plug in for camper or motor home. Septic installed 3.5 years ago with adapter for motor home or camper, propane tank conveys. Completely furnished to include the TVs and outdoor grill and furniture. You don't need to do anything but move in! The private, gated community of Lake Royale has amenities to include volley ball area, beaches, pavilion, clubhouse, basketball area, boat docks for rent and a pool. This is a great little hidden gem in Franklin County. You need to see it to believe it! Preferred Closing with Lindsay Teasley at Sterling Law of Raleigh, NC
Full Property Details
Full Property Details for 112 Mustang Dr
General
- Sold For: $145,000
- Taxes: $749
- Status: Closed
- Type: Lots/Land
- Source: 2218
- MLS ID: 10164531
- Added to Site: 147 day(s) ago
Location
- County: Franklin
- Subdivision: Lake Royale
- Driving Directions: Take 64E/US264E to exit NC231 Spring Hope/Middlesex, turn left onto NC231, Continue on US64, turn left on NC98, turn right onto sledge rd, turn right onto cheyenne dr, turn left on shawnee dr, continue onto Pinto dr, turn right onto tomahawk dr, turn left onto blackhawk dr, turn left onto mustang and end at 112 Mustang (The sign says 110) There is a semi circle driveway.
School Information
- Elementary School: Franklin - Bunn Elementary
- Middle School: Franklin - Bunn Middle
- High School: Franklin - Bunn High
Community
- Association: Yes
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Cable Connected, Septic Connected, Water Connected
Lot Features
- Lot Size (Acres): 0.61
- Lot Size (Sq. Ft.): 26,571.6
- Lot Dimensions: 60 x 101 x 60 x 116 x 20
- Frontage: Private Road
- Street/Road Desc.: Paved
- Zoning: FCO R-30
Financial Considerations
- Price Per Acre: $262,131.15
- Tax Amount: $749.14
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 23403
- Lot Number: 92 93 94 9
Listed by NorthGroup Real Estate, Inc., Leigh Blackman-Carter (919) 909-5991
Sold by Howard Hanna Allen Tate LAKE ROYALE, Dan Gunther
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Schools
Schools serving 112 Mustang Dr
School District:Franklin County Schools
| Name | Grades | Distance |
|---|---|---|
Edward Best Elementary 4011 North Carolina 56, Louisburg, NC 27549 | PK-5 | 7.4 mi |
Bunn Middle 4742 North Carolina 39, Bunn, NC 27508 | 6-8 | 3.1 mi |
Bunn High 29 Bunn Elementary School Road, Bunn, NC 27508 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 112 Mustang Dr
Date
Details
Price
Change
Source
9/24/2026
Sold
$145,000
-9.32%
MLS
7/02/2026
Price Reduced
$159,900
-5.89%
MLS
5/02/2026
Listed
$169,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
112 Mustang Drive, Louisburg, NC 27549 (MLS# 10164531) is a Lots/Land property that was sold at $145,000 on September 24, 2026. Want to learn more about 112 Mustang 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.

