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$138,900
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Property Description
Tucked away on a spacious triple lot, this 2-bedroom, 1-bath rustic getaway offers a peaceful setting perfect for weekend escapes, full-time living, or entertaining guests. Featuring a log cabin-inspired exterior, this property is full of charm and is being sold AS-IS, CASH ONLY. Inside, much of the interior has been remodeled, while the original shell and frame remain in place. The home offers a bright and inviting layout with multiple windows for natural light, a generous living and dining area, easy-maintenance LVP flooring, custom blinds, and updated light fixtures throughout. All kitchen appliances plus stackable washer and dryer will convey. Recent improvements include a 2022 roof, gas wall unit for backup heat, and septic service completed in 2021. Additional storage is available with pull-down attic access. Outdoor living is where this property truly shines, with multiple decks, a firepit area, and plenty of space to relax and enjoy the surroundings. There's also no shortage of utility and storage with an 18x24 carport, 12x12 shed, 11x20 portable garage with concrete pad, and new privacy fence. Located in a gated lake community centered around a 345-acre lake, residents enjoy an impressive list of amenities including beach access, boating, clubhouse, pool, park, playground, recreation facilities, basketball courts, tennis courts, shuffleboard courts, and scenic trails. An 18-hole golf course is also available, and two golf memberships per household are included. Plus, you'll love the convenient proximity to the boat launch.
Full Property Details
Full Property Details for 125 Cimarron Dr
General
- Price: $138,900
- HOA FEE: $104/month
- HOA FEE FREQ.: Annually
- Taxes: $902
- Status: Active
- Type: Lots/Land
- Source: 2218
- MLS ID: 10155415
- Updated: 5/5/2026
- Added to Site: 54 day(s) ago
Additional Information
- Shared Amenities: Beach Access, Coin Laundry, Golf Course, Maintenance, Park, Playground, Powered Boats Allowed, Recreation Facilities, Security, Shuffleboard Court, Tennis Court(s)
- Pool: Yes
Location
- County: Franklin
- Subdivision: Lake Royale
- Driving Directions: From Raleigh 401N to 98E to Bunn straight across to E. Jewett Ave to stop; R on Sledge to lake entrance on L; show agent ID at gate; L at first stop onto Shawnee; Follow to R on Tomahawk; L on Cimarron to end of street; Property at corner of Cimarron
School Information
- Elementary School: Franklin - Ed Best
- Middle School: Franklin - Bunn
- High School: Franklin - Bunn
Community
- Association: Yes
- Assoc. Fees Include: Security
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: See Remarks
Structural Information
- Current Bldg. Use: Recreational, See Remarks
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 0.44
- Lot Size (Sq. Ft.): 19,166.4
- Lot Dimensions: See Plat Map
- Frontage: Private Road
- Street/Road Desc.: Paved
- Fence: Yes
- Lot Features: Corner Lot, Level, Open Lot, Partially Cleared, Views, Driveway
- Zoning: FCO R-30
- Fencing (Description): Fenced, Partial
Financial Considerations
- Price Per Acre: $315,681.82
- Association Fee: $1,250
- Assoc Fee Freq.: Annually
- Tax Amount: $902.88
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 21794
- Lot Number: C 243
Listed by Mark Spain Real Estate, Jorge Adrian Aguilar (919) 588-0635
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Schools
Schools serving 125 Cimarron Dr
School District:Franklin County Schools
| Name | Grades | Distance |
|---|---|---|
Edward Best Elementary 4011 North Carolina 56, Louisburg, NC 27549 | PK-5 | 7.5 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 | 3.2 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 125 Cimarron Dr
Date
Details
Price
Change
Source
5/05/2026
Price Reduced
$138,900
-4.21%
MLS
3/26/2026
Listed
$145,000
—
MLS
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 125 Cimarron Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$401
-60%
$139,100
—
2024
$999
97%
$139,100
1011%
2023
$507
2%
$12,520
—
2022
$497
12%
$12,520
109%
2021
$445
28%
$6,000
—
2020
$349
1%
$6,000
—
2019
$344
—
$6,000
—
2018
$344
-10%
$6,000
—
2017
$382
-3%
$6,000
—
2016
$394
-8%
$6,000
—
2015
$427
14%
$6,000
—
2014
$373
—
$6,000
—
2013
$373
—
$6,000
—
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 125 Cimarron Dr
125 Cimarron Drive, Louisburg, NC 27549 (MLS# 10155415) is a Lots/Land property with a lot size of 0.44 acres. 125 Cimarron Drive is currently listed for $138,900 and was received on March 26, 2026. Want to learn more about 125 Cimarron 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.

