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$69,900
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Property Description
Discover the perfect setting for your dream home on this 0.92-acre wooded lot in the Lake Royale community. Nestled among mature trees, this spacious lot offers privacy, natural beauty, and the ideal backdrop for creating your forever home. With nearly a full acre, you'll have plenty of room to design a custom residence that blends seamlessly with the serene surroundings. Lake Royale offers a wide range of amenities including lake access, boating, swimming, beaches, community events, and recreational facilities, giving you resort-style living all year long. If you've been searching for the perfect place to build your forever home in an established community, this is it.
Full Property Details
Full Property Details for 127 Nakoma Dr
General
- Price: $69,900
- Taxes: $296
- Status: Active
- Type: Lots/Land
- Source: 2218
- MLS ID: 10146870
- Updated: 2/16/2026
- Added to Site: 51 day(s) ago
Additional Information
- Shared Amenities: Beach Access, Gated, Maintenance, Playground, Pool, Recreation Facilities
- Pool: Yes
Location
- County: Franklin
- Subdivision: Lake Royale
- Driving Directions: from 64 E take the exit towards 231/Spring Hope. Take a left on NC Hwy 231. Turn left on NC 98. Take a right on to Sledge Road. Right on Cheyenne and right on Shawnee. Continue on Shawnee, right on Sagamore. Follow until you reach Nakoma Drive.
School Information
- Elementary School: Franklin - Ed Best
- Middle School: Franklin - Bunn
- High School: Franklin - Bunn
Community
- Association: Yes
Utilities
- Sewer: Septic Needed
- Water: Public
- Utility Description: None
Structural Information
- Current Bldg. Use: Vacant
Lot Features
- Lot Size (Acres): 0.92
- Lot Size (Sq. Ft.): 40,075.2
- Lot Dimensions: 251 x 77 x 256 x 89
- Frontage: Private Road
- Street/Road Desc.: Paved
- Fence: Yes
- Lot Features: Wooded
- Zoning: FCO R-30
- Fencing (Description): None
Financial Considerations
- Price Per Acre: $75,978.26
- Tax Amount: $296.25
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 19755
- Lot Number: 2666/2667
Listed by Five County Specialists, LLC, Jamie Keith (919) 669-6873
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Schools
Schools serving 127 Nakoma Dr
School District:Franklin County Schools
| Name | Grades | Distance |
|---|---|---|
Edward Best Elementary 4011 North Carolina 56, Louisburg, NC 27549 | PK-5 | 8.3 mi |
Bunn Middle 4742 North Carolina 39, Bunn, NC 27508 | 6-8 | 3.7 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 127 Nakoma Dr
Date
Details
Price
Change
Source
2/16/2026
Listed
$69,900
249.5%
MLS
2/17/2023
Sold
$20,000
—
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 127 Nakoma Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$296
—
$50,000
—
2024
$296
573%
$50,000
892%
2023
$44
—
$5,040
—
2022
$44
—
$5,040
—
2021
$44
-2%
$5,040
—
2020
$45
—
$5,040
—
2019
$45
—
$5,040
—
2018
$45
2%
$5,040
12%
2017
$44
-2%
$4,500
—
2015
$45
5%
$4,500
—
2014
$43
2%
$4,500
—
2013
$42
—
$4,500
—
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 127 Nakoma Dr
127 Nakoma Drive, Louisburg, NC 27549 (MLS# 10146870) is a Lots/Land property with a lot size of 0.92 acres. 127 Nakoma Drive is currently listed for $69,900 and was received on February 16, 2026. Want to learn more about 127 Nakoma 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.

