121 Mustang Drive

Off Market

121 Mustang Drive

Lake Royale NC 27549

15682 sq. ft.

Land

Last sold for $42,000

Jason Walters, last sold this property on 17 August 2026 after 164 days on market.

Overview

Located on a corner lot inside the gated community of Lake Royale in Louisburg, this .36-acre property offers a great opportunity to enjoy both privacy and access to a variety of neighborhood amenities. With septic already on site and water connected, the lot is ready for flexible use while providing added convenience. A wired storage building offers functional space for tools, hobbies, or workshop needs, making it easy to store equipment or create a dedicated project area. As part of the Lake Royale community, residents enjoy access to a wide range of recreational amenities including basketball courts, tennis courts, a volleyball court, beach access along the lake, park areas, and a community laundry center, creating an environment designed for both relaxation and outdoor activity. The corner lot setting provides additional openness and visibility while still maintaining the security and sense of community that comes with gated living in Lake Royale.

Features

15682 sq. ft. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Lake Royale over the last 12 months, the estimated median property value of 121 Mustang Drive is $49.9k.

Median value

$49.9k

Estimated value range

$5.5k - $890k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Lake Royale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 121 Mustang Drive

2026

Sold

$42,000

17 Aug 2026 by Jason Walters

Happy sellers in Lake Royale

We have insufficient information to provide an overview of customer satisfaction for Lake Royale. Viewing the agent profiles, reviews and sales for Lake Royale can provide insights for this location.

Local market activity for land plots in Lake Royale

In the last 12 months, 129 land plots similar to 121 Mustang Drive, have been sold.

This represents a 25% increase in land plots sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Lake Royale for a market analysis.

Rachel Helms

at Blue Skye Realty

(28 reviews)

Get a market analysis

Mary Ammons

at Julie Wright Realty Group LLC

(6 reviews)

Get a market analysis

Donald O'Meara

at O'Meara Realty Group Inc.

(10 reviews)

Get a market analysis

Amber Lehman

at Nest Realty

(27 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lake Royale

Rachel Helms

Sellers who recommend Rachel Helms have praised them for being clear communication, local expert, responsive, great negotiation, supportive, empathetic, and honest