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103 Montana Drive
Louisburg, NC 27549

$199,900

Lake Royale – Cypress Township – Franklin County

103 Montana Drive
Louisburg, NC 27549

$199,900

Save

Single Family

Active

Lake Royale

Cypress Township

Franklin County

  • Bedrooms: 3
  • Bathrooms: 2
  • Square Feet: 1134
  • Acres: 0.81
  • Year Built: 1982

Single Family

Active

Lake Royale

Cypress Township

Franklin County

  • Bedrooms: 3
  • Bathrooms: 2
  • Square Feet: 1134
  • Acres: 0.81
  • Year Built: 1982

3
Bed

2
Bath

1134
sqft

0.81
acres

  • 🌳 Large Lot

  • 🌊 345-Acre Lake Community

  • 🏖️ Community Beaches

  • ⛳ Golf Course

  • 🎾 Tennis Courts

  • 💰 FHA Assumable 3.5% Mortg

Great Opportunity to Buy the Fixer-Upper You’ve Been Looking For! This 3 Bedroom Ranch is situated on a large lot in the front of the neighborhood, making it easy to access from the entrance. Property is being sold ”AS IS”. Perfect investment opportunity or make it your forever home.

This charming property has great potential and is in good condition. Lake Royale offers so many amenities to enjoy in this 345-acre Lake community, including community beaches, pool, clubhouse, tennis courts, playgrounds, fishing, boating, and a Golf Course! FHA Assumable 3.5% Mortg! This property will not last!

Great Opportunity to Buy the Fixer-Upper You’ve Been Looking For! This 3 Bedroom Ranch is situated on a large lot in the front of the neighborhood, making it easy to access from the entrance. Property is being sold ”AS IS”. Perfect investment opportunity or make it your forever home. This charming property has great potential and is in good condition. Lake Royale offers so many amenities to enjoy in this 345-acre Lake community, including community beaches, pool, clubhouse, tennis courts, playgrounds, fishing, boating, and a Golf Course! FHA Assumable 3.5% Mortg! This property will not last!

Listing History

Date

Status

Price

  • 2026-03-20

    Active

    $199,900

Nearby Listings

Statuses
Date Range
Price

103 Montana Drive

$199,900

1134

Lake Royale

$176

3

1982

0.81

Listed on
Mar 19th 2026

Doorify IDX Logo

325 Shawnee Drive

$370,000

1820

Lake Royale

$203

3

2025

0.45

Sold on
Jan 7th 2026

Doorify IDX Logo

113 Seneca Drive

$370,000

1980

Lake Royale

$187

3

2025

0.36

Sold on
Apr 11th 2025

Doorify IDX Logo

365 Shawnee Drive

$190,000

1375

Lake Royale

$138

3

1974

0.51

Sold on
May 15th 2025

Doorify IDX Logo

107 Blackfoot Drive

$283,000

1270

Lake Royale

$223

2

1997

0.74

Listed on
Mar 12th 2026

Doorify IDX Logo

114 Crow Drive

$440,000

2606

Lake Royale

$169

3

2025

0.34

Sold on
Nov 10th 2025

Doorify IDX Logo

103 Montana Drive

$199,900

1134

Lake Royale

$176

3

1982

0.81

Listed on
Mar 19th 2026

Doorify IDX Logo

325 Shawnee Drive

$370,000

1820

Lake Royale

$203

3

2025

0.45

Sold on
Jan 7th 2026

Doorify IDX Logo

113 Seneca Drive

$370,000

1980

Lake Royale

$187

3

2025

0.36

Sold on
Apr 11th 2025

Doorify IDX Logo

365 Shawnee Drive

$190,000

1375

Lake Royale

$138

3

1974

0.51

Sold on
May 15th 2025

Doorify IDX Logo

107 Blackfoot Drive

$283,000

1270

Lake Royale

$223

2

1997

0.74

Listed on
Mar 12th 2026

Doorify IDX Logo

114 Crow Drive

$440,000

2606

Lake Royale

$169

3

2025

0.34

Sold on
Nov 10th 2025

Doorify IDX Logo

Listings Nearby to Listing
5 nearby listings found

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

Compared to Similar Homes that Recently Sold….

103 Montana Drive has a Price per Square Foot of $176.

Here’s how that compares to the surrounding area:

7% below the Cypress Township median ($189.50)

11% below the City of Louisburg median ($197.50)

8% below the Franklin County median ($192.00)

  • 131 Wyoming Drive, Louisburg, NC 27549
    • Price: $279,000
    • $231 Price per Sqft
    • 1 Sqft
    • 0.73 Acres
    • Sold on 2025-12-18
    • Price: ⬆️ (Sold for $79,100 more)

    • Sq Ft: ⬆️ (72 sqft larger)

    • Cost/SqFt: ⬆️ ($55/sqft higher)

    • Condition: ⬆️ (Modern 2005 build with granite)

    The home on Wyoming Drive represents a much newer era of construction, built in 2005 compared to the 1982 build of 103 Montana Drive. This sold listing features modern amenities like vaulted ceilings, granite countertops, and a large primary suite with a garden tub. Because this home is move-in ready and twenty years newer, it naturally commands a significant premium over a fixer-upper from the early 80s.

    🟡 The price difference between these two makes sense, as 103 Montana Drive offers a lower entry point for a buyer willing to do their own updates.

  • 424 Shawnee Drive, Louisburg, NC 27549
    • Price: $259,900
    • $254 Price per Sqft
    • 1 Sqft
    • 0.34 Acres
    • Sold on 2025-10-30
    • Price: ⬆️ (Sold for $60,000 more)

    • Sq Ft: ⬇️ (109 sqft smaller)

    • Cost/SqFt: ⬆️ ($78/sqft higher)

    • Condition: ⬆️ (Fully renovated interior)

    This property on Shawnee Drive shows us what a fully polished version of a similar ranch layout can command in Lake Royale. While 103 Montana Drive offers more square footage and a larger lot, this sold listing featured a modern kitchen with stainless appliances, a screened-in porch, and a fenced yard. The higher price per square foot for this property reflects those turnkey upgrades that the home for sale currently lacks.

    🟡 103 Montana Drive appears fairly priced as a project house when you consider the $60,000 savings compared to this renovated version.

  • A light blue, two-story house with a steep roof, white shutters, and front porch sits surrounded by tall trees, with a bare dirt and leaf-covered yard in bright sunlight.
    365 Shawnee Drive, Louisburg, NC 27549
    • Price: $190,000
    • $138 Price per Sqft
    • 1 Sqft
    • 0.51 Acres
    • Sold on 2025-05-15
    • Price: ⬇️ (Sold for $9,900 less)

    • Sq Ft: ⬆️ (241 sqft larger)

    • Cost/SqFt: ⬇️ ($38/sqft lower)

    • Condition: ⬆️ (Updated roof and HVAC)

    When looking at the home on Shawnee Drive, we see a property that sold for less money despite being significantly larger and having major recent updates like a new roof and HVAC system. While 103 Montana Drive is a true one-story ranch, this sold listing offered a lot more finished space and a move-in-ready interior for a lower total price. The home for sale is being marketed as a fixer-upper, but it is currently priced higher per square foot than this updated, larger home.

    🔴 This comparison suggests that the home for sale may be priced a bit high for its current ‘as-is’ condition.

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.

A single-story light green house with white trim, a small front porch with wooden steps, and multiple windows is surrounded by tall trees. A car is parked on the dirt driveway to the right. The yard is mostly shaded.

103 Montana Drive
Louisburg, NC 27549

103 Montana Drive
Louisburg, NC 27549

$199,900

$199,900

Lake Royale – Cypress Township – Franklin County

A single-story light green house with white trim, a small front porch with wooden steps, and multiple windows is surrounded by tall trees. A car is parked on the dirt driveway to the right. The yard is mostly shaded.

103 Montana Dr

Louisburg

3 br

1134 sqft

TWP Cypress

CTY Franklin

SUB Lake Royale

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