103 Horse Shoe Drive · Louisburg, NC 27549

Louisburg, NC 27549 · Lake Royale
ActiveSingle FamilyLake RoyaleCypress TownshipFranklin County
$364,900
$208 / sq ftListed Aug 18, 2026

3
Bedrooms

2
Bathrooms

1,752
Square feet

0.54
Acres

2020
Year built
Lake RoyaleCypress TownshipFranklin CountyMLS 10187133

103 Horse Shoe DriveActive
$364,900 · 3 bd · 2 ba · 1,752 sf

Highlights

  • Whole-House Generator
  • 0.54-Acre Lot
  • Fire Pit
  • Spacious Deck
  • Water Filtration System
  • Granite Countertops

About this home

Welcome to this beautifully maintained ranch home in the gated Lake Royale community! Situated on a spacious 0.54-acre lot, this 3-bedroom, 2-bath home offers an inviting open-concept floor plan designed for comfortable everyday living and effortless entertaining.

The kitchen features stainless steel appliances, a gas range, granite countertops, and flows seamlessly into the dining and living areas. Valuable upgrades include an encapsulated crawl space with dehumidifier, whole-house generator, whole-house surge protector, water filtration system, and a seller-owned propane tank.

Outside, enjoy a large fenced backyard with a spacious deck, gazebo, fire pit, and storage shed—ideal for relaxing, gathering, or entertaining. Lake Royale residents enjoy an amenity-rich lifestyle with access to beaches, boating, fishing, swimming pool, clubhouse, courts, pickleball, playgrounds, community events, and more.

Move-in ready and thoughtfully equipped, this home offers a wonderful combination of comfort, convenience, and the Lake Royale lifestyle. Schedule your showing and come see all that 103 Horse Shoe Drive has to offer!

Notable upgrades and features include a whole-house generator with transferable warranty, whole-house surge protector, encapsulated crawl space with dehumidifier, seller-owned 250-gallon propane tank, and whole-house water filtration system. Luxury vinyl plank flooring enhances the main living areas, while the spacious deck, gazebo, fire pit, and fully fenced backyard provide inviting spaces for relaxing or entertaining. Stainless steel kitchen appliances, refrigerator, washer, dryer, and storage shed all convey with the home.

Location

Cypress Township · Franklin County · Louisburg, NC

Property history

  1. Price decreasedSource: IDX Doorify MLS #10187133$364,900−$10,000 · −2.7%$208/sqft
  2. Listed for saleSource: IDX Doorify MLS #10187133$374,900$214/sqft

Nearby listings

Near 103 Horse Shoe Drive · Louisburg, NC 27549

Status

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

Living Area

Price

Price

Date range

Date Range
Listings Nearby to Listing

103 Horse Shoe Drive
Lake Royale · This home
$364,900
1,752
$208
3
2020
0.54
Active
Aug 18, 2026
560 Shawnee Drive
Lake Royale
$380,000
1,945
$195
3
2025
0.34
Sold
Feb 23, 2026
558 Shawnee Drive
Lake Royale
$314,900
1,665
$189
3
2021
0.34
Active
Mar 31, 2026
2790 Sledge Road
Lake Royale
$284,500
2,346
$121
3
2016
0.91
Sold
May 21, 2026
117 Deer Cross Drive
Lake Royale
$375,000
1,788
$210
3
2026
0.34
Under Contract
Mar 5, 2026
119 Horseshoe Drive
Lake Royale
$379,000
1,855
$204
3
2026
0.51
Sold
Apr 27, 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
$208
per sq ft
City of Louisburg
$193.50
median · this home is 7% above
Cypress Township
$200.50
median · this home is 4% above
Franklin County
$193
median · this home is 8% above

Sold for
$380,000
Per sq ft
$195
Size
1,945 sq ft
Lot
0.34 acres

560 Shawnee Drive

Sold Dec 1, 2025
Sold for $15k more193 sq ft larger$13 lower per sq ftBrand new vs. highly upgraded 2020 build

Comparing 103 Horse Shoe Drive to this sold listing highlights a classic trade-off between brand-new construction and a slightly older home with significant owner-added value. While this home on Shawnee Drive is brand new and offers a bit more square footage, the home for sale at 103 Horse Shoe Drive includes expensive 'hidden' upgrades like a whole-house generator, water filtration system, and an encapsulated crawl space. Visually, both homes offer modern, clean finishes, but the home for sale already has the backyard finished with a fence, gazebo, and fire pit—items that would cost a buyer thousands to add to a new build.

Bottom line
The home for sale is a strong alternative to new construction because it includes high-ticket mechanical upgrades and outdoor living features that this sold listing lacks.

Sold for
$379,000
Per sq ft
$204
Size
1,855 sq ft
Lot
0.51 acres

119 Horseshoe Drive

Sold Jun 17, 2026
Sold for $14k more103 sq ft larger$4 lower per sq ftCustom new build vs. move-in ready with generator

This property on the same street recently sold as a custom new build with very high-end aesthetic touches, such as the modern roofline and designer lighting. 103 Horse Shoe Drive is positioned very close in price, and while it doesn't have the 'ultra-modern' exterior of this sold listing, it counters with practical longevity features like the surge protection and encapsulated crawl space. Both properties sit on similar half-acre lots, but 103 Horse Shoe Drive offers a more traditional ranch feel with the added security of a seller-owned propane tank and a move-in-ready fenced yard.

Bottom line
The home for sale is fairly positioned against this custom neighbor, trading architectural flair for mechanical upgrades and a completed backyard.

Sold for
$415,000
Per sq ft
$197
Size
2,106 sq ft
Lot
0.48 acres

2662 Sledge Road

Sold Apr 24, 2026
Sold for $50k more354 sq ft larger$11 lower per sq ftPremium golf course lot and modern design

This sold listing on Sledge Road represents the higher end of the local market, primarily due to its premium location on the 5th green of the golf course and its larger footprint. It features a very trendy mid-century modern aesthetic that commands a higher total price point. In comparison, 103 Horse Shoe Drive is more attainable while still offering the same gated community lifestyle. While the home for sale has a higher cost per square foot, it is important to note that smaller homes naturally trend higher in that metric, and 103 Horse Shoe Drive includes several mechanical systems (generator, filtration) that even this luxury golf course home didn't list.

Bottom line
If you don't require a golf course view, 103 Horse Shoe Drive offers a similar level of interior quality and better mechanical features for $40,000 less.

Take the Next Step…

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

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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.