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$32,000 -$3,000 (-8.57%) Price Reduced

  • For Sale
  • Active
  • Lots/Land
  • 0.63 Acres
  • Updated 6 days ago
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Bring your Builder! Large Corner lot with Water View in Gated Community of Beautiful Lake Royale! Desirable ''Front'' (West) side of lake -closest to entrance. Perc tested. Area between Lot & Water owned by POA (can't be built on). POA includes Tennis, Pool, Beach, etc.

Full Property Details for 132 Cherokee Dr

General

  • Price: $32,000
  • Taxes: $310
  • Status: Active
  • Type: Lots/Land
  • Source: 2218
  • MLS ID: 10163557
  • Updated: 9/12/2026
  • Added to Site: 142 day(s) ago

Additional Information

  • Shared Amenities: Beach Rights, Boating, Playground, Pool, Tennis Court(s)
  • Pool: Yes

Location

  • County: Franklin
  • Subdivision: Lake Royale
  • Driving Directions: 98 East, turns into Jewitt, Baptist Church Rd, Rt on Sledge, Lt on cheyenne to gait. Left on Choctaw, Lt on Sagamore. Left on Cherokee. Lot is on corner of Cherokee & Sagamore.

School Information

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

Community

  • Association: Yes
  • Assoc. Fees Include: Security

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Utility Description: Electricity Available, Septic Available, Water Available

Lot Features

  • Property View: Lake
  • Lot Size (Acres): 0.63
  • Lot Size (Sq. Ft.): 27,442.8
  • Lot Dimensions: see survey
  • Frontage: Private Road
  • Street/Road Desc.: Paved
  • Lot Features: Corner Lot, Hardwood Trees, Sloped
  • Best Use: Residential
  • Zoning: FCO R-30

Water Features

  • Water View: Yes

Financial Considerations

  • Price Per Acre: $50,793.65
  • Tax Amount: $310.92

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 23771
  • Lot Number: 964

Listed by RE/MAX Legacy, Mary Klemp (919) 818-0631

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Listing agent

— 132 Cherokee Dr —

  • Mary Klemp

    RE/MAX Legacy

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 132 Cherokee Dr

School District:Franklin County Schools
NameGradesDistance
Edward Best Elementary
4011 North Carolina 56, Louisburg, NC 27549
PK-58.4 mi
Bunn Middle
4742 North Carolina 39, Bunn, NC 27508
6-83.3 mi
Bunn High
29 Bunn Elementary School Road, Bunn, NC 27508
9-122.9 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 132 Cherokee Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/12/2026
Price Reduced
$32,000
-8.57%
MLS
4/30/2026
Listed
$35,000
40%
MLS
8/27/2024
Sold
$25,000
—
Public Record
Get Price Alerts and Save Property
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 for 132 Cherokee Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$201
2%
$35,250
—
2024
$197
27%
$35,250
96%
2023
$155
—
$18,000
—
2022
$155
-1%
$18,000
—
2021
$157
-1%
$18,000
—
2020
$158
1%
$18,000
—
2019
$156
—
$18,000
—
2018
$156
-10%
$18,000
—
2017
$173
-3%
$18,000
—
2015
$179
6%
$18,000
—
2014
$169
—
$18,000
—
2013
$169
—
$18,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by RE/MAX Legacy, Mary Klemp (919) 818-0631

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132 Cherokee Drive, Louisburg, NC 27549 (MLS# 10163557) is a Lots/Land property with a lot size of 0.63 acres. 132 Cherokee Drive is currently listed for $32,000 and was received on April 30, 2026. Want to learn more about 132 Cherokee 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.

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