100 Chanute Circle · Louisburg, NC 27549

Louisburg, NC 27549 · Lake Royale
ActiveSingle FamilyLake RoyaleCypress TownshipFranklin County
$400,000
$163 / sq ftListed Aug 14, 2026

3
Bedrooms

3
Bathrooms

2,449
Square feet

0.49
Acres

2025
Year built
Lake RoyaleCypress TownshipFranklin CountyMLS 10186554

100 Chanute CircleActive
$400,000 · 3 bd · 3 ba · 2,449 sf

Highlights

  • 345-Acre Lake
  • River Golf Course
  • Community Pool
  • Waterfront Clubhouse
  • Beaches
  • Mini Golf

About this home

Welcome to 100 Chanute Circle, where everyday living feels like a vacation! This beautiful home is located in the gated Lake Royale community and offers the perfect combination of comfortable living and an amenity-filled lifestyle.

Enjoy all that this unique lake community has to offer, including a 345-acre lake, boating, fishing, swimming, beaches, community pool, waterfront clubhouse, picnic areas, mini golf, recreational facilities and year-round community activities. Golf enthusiasts will love having The River Golf Course right in the community, with golf membership opportunities available.

The home offers inviting living spaces, a beautiful setting and plenty of room to relax or entertain. Whether you're spending the afternoon on the lake, enjoying the pool, playing a round of golf or simply coming home to the peaceful surroundings of Lake Royale, this property offers so much more than just a home—it's a lifestyle. Don't miss your opportunity to call 100 Chanute Circle home!

Location

Cypress Township · Franklin County · Louisburg, NC

Property history

  1. Listed for saleSource: IDX Doorify MLS #10186554$400,000$163/sqft

Nearby listings

Near 100 Chanute Circle · Louisburg, NC 27549

Status

Statuses-buttons
  • All
  • Sold (7)
Living area

Living Area

Price

Price

Date range

Date Range
Listings Nearby to Listing

100 Chanute Circle
Lake Royale · This home
$400,000
2,449
$163
3
2025
0.49
Active
Aug 15, 2026
161 Sequoia Drive
Lake Royale
$379,900
3,066
$124
4
2002
0.59
Active
Jun 14, 2026
209 Sequoia Drive
Lake Royale
$350,000
1,618
$216
3
2026
0.34
Active
Apr 9, 2026
148 Mohawk Drive
Lake Royale
$449,000
2,191
$205
3
2026
0.34
Sold
Jun 12, 2026
142 Mohawk Drive
Lake Royale
$579,000
2,478
$234
3
2020
1.03
Active
Jun 3, 2026
144 Ottawa Drive
Lake Royale
$355,000
1,677
$212
3
2004
0.41
Sold
Feb 21, 2026

Showing 6 of 7 nearby listings

Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.

How the price compares

Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.

This home
$163
per sq ft
City of Louisburg
$193.50
median · this home is 16% below
Cypress Township
$200.50
median · this home is 19% below
Franklin County
$193
median · this home is 16% below

Sold for
$449,000
Per sq ft
$205
Size
2,191 sq ft
Lot
0.34 acres

148 Mohawk Drive

Sold Jul 28, 2026
Sold for $49k more258 sq ft smaller$42 higher per sq ftBoth new construction

Comparing 100 Chanute Circle to this home on Mohawk Drive shows a clear trade-off between layout and total space. While this sold listing features a highly desirable main-level living design with an upstairs loft, the home for sale offers a full second story with more total square footage for a lower purchase price. Both properties showcase the high-quality finishes expected in new construction, including modern kitchens and clean architectural lines. The premium paid for the ranch-style layout of this sold property explains much of the price gap.

Bottom line
100 Chanute Circle appears fairly priced as it offers more total room at a lower entry point than this ranch-style alternative.

Sold for
$370,000
Per sq ft
$186
Size
1,989 sq ft
Lot
0.34 acres

145 Ottawa Drive

Sold Dec 4, 2025
Sold for $30k less460 sq ft smaller$23 higher per sq ftBoth modern new builds

This property on Ottawa Drive is a striking mid-century modern ranch that sold for a lower total price despite its higher cost per square foot. Even after accounting for the typical premium buyers pay for one-story homes and the smaller footprint, 100 Chanute Circle still carries a higher price tag relative to the space provided. Both homes feature high-end modern aesthetics, but the value achieved in this sold listing suggests the market may be tighter than the current asking price of the home for sale.

Bottom line
Given that this similar high-quality new build sold for significantly less overall, 100 Chanute Circle feels a bit aggressive in its current positioning.

Sold for
$413,525
Per sq ft
$147
Size
2,820 sq ft
Lot
0.46 acres

145 Wounded Knee Drive

Sold Sep 5, 2025
Sold for $14k more371 sq ft larger$16 lower per sq ftBoth new 2-story builds

This home on Wounded Knee Drive is an excellent benchmark for 100 Chanute Circle as both are new two-story constructions with similar finishes. While this sold listing is larger and sold for a higher total price, its lower cost per square foot is a standard result of its larger size. When we adjust for that size difference, the value of the home for sale aligns almost perfectly with what buyers recently paid for this similar property. Both homes offer the same modern lifestyle and amenity access within Lake Royale.

Bottom line
This comparison confirms that 100 Chanute Circle is positioned right where it should be for a new two-story home in this community.

Take the Next Step…

5 Star Reviews


This level of clarity is how we work with every buyer and seller.

When you partner with Second Story Realty, you get a team that studies the market deeply, explains the “why” behind the numbers, and guides you with transparency at every step.

You can contact us to talk strategy, ask questions, or schedule a showing, we will help you take the next step with confidence.

Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database.

Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.