120 Chanute Circle, Louisburg, NC 27549 - Photo 1

1/1

$45,000

Sold
Closed
Vacant Land
0.69 Acres

1/1

Property Description

DISCOVER THE PERFECT CANVAS for Your Dream Home on this Level Double Lot in the Exclusive, Gated Community of Lake Royale! Nestled Along a 345-Acre Lake, this Prime Parcel Offers Access to an 18-Hole Golf Course, Beach, Boat Launch, Mini Golf, and a Charming Pavillion! An Active Five Bedroom Septic Permit Is Already in Place, Giving You Confidence for Future Development! You Can Bring Your Own Builder or Choose From Our Trusted, Experienced Partners--Whether You're Ready to Build Now or Later! Plus, the Purchase Includes Two Golf Memberships To The River Golf Course, Ensuring You'll Enjoy Every Moment of Lake Royale's Resort-Style Living! Don't Miss this Rare Opportunity!

Full Property Details

Full Property Details for 120 Chanute Cir

General

Sold For: $45,000
Taxes: $323 (2025)
Status: Closed
Type: Vacant Land
Source: 2218
MLS ID: 10164480
Added to Site: 173 day(s) ago

Additional Information

Shared Amenities: Basketball Court, Beach Access, Boating, Clubhouse, Gated, Golf Course, Park, Picnic Area, Playground, Pool, Recreation Facilities, Security, Shuffleboard Court, Tennis Court(s), Trail(s)

Location

County: Franklin
Subdivision: Lake Royale

School Information

Elementary School: Franklin - Edward Best Elementary
Middle School: Franklin - Bunn Middle
High School: Franklin - Bunn High

Community

Association: Yes
Assoc. Name: Lake Royale POA
Assoc. Fees Include: Road Maintenance, Security, Storm Water Maintenance

Utilities

Sewer: Septic Needed, Perc Test On File
Water: Community Water, Public
Utility Description: Electricity Available, Septic Available, Water Available

Structural Information

Current Bldg. Use: Single Family

Lot Features

Property View: Trees/Woods
Lot Size (Acres): 0.69
Lot Size (Sq. Ft.): 30,056
Lot Dimensions: 150 x 200
Frontage: Private Road
Street/Road Desc.: Paved
Lot Features: Hardwood Trees, Interior Lot, Wooded
Zoning: FCO R-30

Financial Considerations

Tax Amount: $323.76
Tax Year: 2025
Terms: Cash

Disclosures and Reports

Special Conditions: Standard
APN: 20404
Lot Number: 2423-24

Listed by Howard Hanna Allen Tate LAKE ROYALE, Dan Gunther (919) 497-2201 and Howard Hanna Allen Tate LAKE ROYALE, Susan Boblett (919) 727-0024
Sold by Long & Foster Real Estate INC/Raleigh, Catherine Baritell

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Listing agents

— 120 Chanute Cir —

Dan Gunther

Howard Hanna Allen Tate LAKE ROYALE
Susan Boblett

Howard Hanna Allen Tate LAKE ROYALE

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Schools

Schools serving 120 Chanute Cir

School District:Franklin County Schools

Name	Grades	Distance
Edward Best Elementary 4011 North Carolina 56, Louisburg, NC 27549	PK-5	8.6 mi
Bunn Middle 4742 North Carolina 39, Bunn, NC 27508	6-8	4.4 mi
Bunn High 29 Bunn Elementary School Road, Bunn, NC 27508	9-12	3.7 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 120 Chanute Cir

Date

Details

Price

Change

Source

8/12/2026

Sold

$45,000

-9.82%

MLS

7/12/2026

Price Reduced

$49,900

-16.69%

MLS

5/01/2026

Listed

$59,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 4 days ago

4
Beds
2
Total Baths

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Just Listed

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Beds
3
Total Baths

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Beds
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Total Baths

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Just Listed

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Single Family
Active
Updated 3 days ago

4
Beds
3
Total Baths

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Price Reduced

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Active
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3
Beds
3
Total Baths

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Price Reduced

-$15,000 (-6%)

$234,900

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Single Family
Active
Updated 5 days ago

3
Beds
2
Total Baths

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Price Reduced

-$7,000 (-2.17%)

$315,000

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Single Family
Active
Updated 1 day ago

3
Beds
2
Total Baths

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Price Reduced

-$10,000 (-3.64%)

$264,900

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Mobile Home
Active
Updated 5 days ago

3
Beds
2
Total Baths

Listed by Fathom Realty NC, DAVID DAHAN

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Sold

$42,000

122 Desoto Dr Louisburg, NC 27549

Vacant Land
Closed

0.15
Acres

Listed by Howard Hanna Allen Tate LAKE ROYALE, Dan Gunther and Howard Hanna Allen Tate LAKE ROYALE, CHRIS Lawrence
Sold by Howard Hanna Allen Tate LAKE ROYALE, Dan Gunther

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Sold

$39,000

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Vacant Land
Closed

0.38
Acres

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Sold

$46,500

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Vacant Land
Closed

0.6
Acres

Listed by Howard Hanna Allen Tate LAKE ROYALE, Dan Gunther and Howard Hanna Allen Tate LAKE ROYALE, Barry Wilkins
Sold by Millenial Realty and Investmen, Stanley Jones

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Sold

$50,000

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Vacant Land
Closed

0.52
Acres

Listed by Century 21 Folks Properties, Terrie Siebert and Century 21 Folks Properties, Marcy Lynne Rozelle
Sold by Howard Hanna Allen Tate LAKE ROYALE, Dan Gunther

120 Chanute Circle, Louisburg, NC 27549 (MLS# 10164480) is a Vacant Land property that was sold at $45,000 on August 12, 2026. Want to learn more about 120 Chanute Circle? Do you have questions about finding other Vacant Land real estate for sale in Louisburg? You can browse all Louisburg real estate or contact a Coldwell Banker agent to request more information.

120 Chanute Cir Louisburg, NC 27549