Second Story Realty Logo

109 Way Drive
Louisburg, NC 27549

$295,000

Lake Royale – Cypress Township – Franklin County

109 Way Drive
Louisburg, NC 27549

$295,000

  • A two-story house with beige siding, a covered front porch with wooden railings, and a set of stairs. The house is surrounded by grass, trees, and a paved walkway, with a detached garage in the background.
  • A two-story house with light green siding, white trim, and a covered front porch with wooden railings. The house sits on a neatly manicured lawn with a concrete walkway leading to the porch steps.
  • A two-story house with a covered front porch sits on a grassy corner lot surrounded by tall trees. A boat is parked on a driveway to the left, and the sky is clear and blue.
  • A two-story beige house with a covered front porch and wooden steps sits at the end of a long concrete driveway, surrounded by green grass, trees, and a clear blue sky.
  • A small two-story house with green siding and a covered front porch, set on a green lawn with a few trees and a driveway on the left side. A wooden staircase leads up to the porch.
  • A two-story house with beige siding, a covered front porch with wooden railings, and a set of stairs. The house is surrounded by grass, trees, and a paved walkway, with a detached garage in the background.
  • A two-story house with light green siding, white trim, and a covered front porch with wooden railings. The house sits on a neatly manicured lawn with a concrete walkway leading to the porch steps.
  • A two-story house with a covered front porch sits on a grassy corner lot surrounded by tall trees. A boat is parked on a driveway to the left, and the sky is clear and blue.
  • A two-story beige house with a covered front porch and wooden steps sits at the end of a long concrete driveway, surrounded by green grass, trees, and a clear blue sky.
  • A small two-story house with green siding and a covered front porch, set on a green lawn with a few trees and a driveway on the left side. A wooden staircase leads up to the porch.
Save
Save

Single Family

Active

Lake Royale

Cypress Township

Franklin County

  • Bedrooms: 3
  • Bathrooms: 2
  • Square Feet: 1198
  • Acres: 0.44
  • Year Built: 2024

Single Family

Active

Save

Lake Royale

Cypress Township

Franklin County

  • Bedrooms: 3
  • Bathrooms: 2
  • Square Feet: 1198
  • Acres: 0.44
  • Year Built: 2024

3
Bed

2
Bath

1198
sqft

0.44
acres

Save

  • ๐Ÿ›‹๏ธ Comes Completely Furnished

  • ๐Ÿช‘ Rocking Chair Style Porch

  • ๐Ÿšค 345-Acre Lake Access

  • โ›ณ Resort-Style Amenities

  • ๐Ÿงบ All Appliances Included

  • ๐ŸŒณ Sits On .41 Acres

Come enjoy the Lake Life in this 3-bedroom, 2 full bath cottage home located in the coveted Lake Royale neighborhood. Everything you need is here and ready for you to start enjoying full time living or just a weekend getaway. This like new home comes completely furnished! All appliances are included as well to include the washer and dryer.

You are welcomed into the home through a covered rocking chair style porch. Great for sitting and relaxing. As you enter the home the spacious open feeling greets you. On the main floor you have the living room and kitchen/dining room area as well as the primary bedroom and bathroom. Upstairs you will find the laundry area, 2 additional bedrooms with a shared full bathroom.

This home sits on .41 acres of land so there is room to add a garage or shed for all of your lake toys.

Lake Royale offers resort-style amenities, including a private police force and full-time maintenance department for the common areas. Residents enjoy access to the 345-acre lake for boating and fishing, tennis court, golf course, swimming pool, beaches, playgrounds, basketball, pickle ball, a clubhouse, and more.

This is perfect as a weekend getaway, vacation home or affordable living at the lake.

Don’t let this one get away, make your appointment to see it today!!

Come enjoy the Lake Life in this 3-bedroom, 2 full bath cottage home located in the coveted Lake Royale neighborhood. Everything you need is here and ready for you to start enjoying full time living or just a weekend getaway. This like new home comes completely furnished! All appliances are included as well to include the washer and dryer. You are welcomed into the home through a covered rocking chair style porch. Great for sitting and relaxing. As you enter the home the spacious open feeling greets you. On the main floor you have the living room and kitchen/dining room area as well as the primary bedroom and bathroom. Upstairs you will find the laundry area, 2 additional bedrooms with a shared full bathroom. This home sits on .41 acres of land so there is room to add a garage or shed for all of your lake toys. Lake Royale offers resort-style amenities, including a private police force and full-time maintenance department for the common areas. Residents enjoy access to the 345-acre lake for boating and fishing, tennis court, golf course, swimming pool, beaches, playgrounds, basketball, pickle ball, a clubhouse, and more. This is perfect as a weekend getaway, vacation home or affordable living at the lake. Don’t let this one get away, make your appointment to see it today!!

Maps

Listing History

Date

Status

Price

  • 2026-03-26

    Active

    $295,000

Documents

Documents Source: Doorify MLS IDX Feed

  • A two-story house with beige siding, a covered front porch with wooden railings, and a set of stairs. The house is surrounded by grass, trees, and a paved walkway, with a detached garage in the background.
  • A two-story house with light green siding, white trim, and a covered front porch with wooden railings. The house sits on a neatly manicured lawn with a concrete walkway leading to the porch steps.
  • A two-story house with a covered front porch sits on a grassy corner lot surrounded by tall trees. A boat is parked on a driveway to the left, and the sky is clear and blue.
  • A two-story beige house with a covered front porch and wooden steps sits at the end of a long concrete driveway, surrounded by green grass, trees, and a clear blue sky.
  • A small two-story house with green siding and a covered front porch, set on a green lawn with a few trees and a driveway on the left side. A wooden staircase leads up to the porch.

Nearby Listings

Statuses
Date Range
Price

109 Way Drive

$295,000

1198

Lake Royale

$246

3

2024

0.44

Listed on
Mar 26th 2026

Doorify IDX Logo

107 Piquot Drive

$177,000

724

Lake Royale

$244

2

2004

0.55

Sold on
Jul 18th 2025

Doorify IDX Logo

113 Desoto Drive

$269,900

912

Lake Royale

$296

2

2021

0.42

Listed on
Jun 7th 2026

Doorify IDX Logo

114 Big Horn Drive

$399,000

829

Lake Royale

$481

2

2018

0.62

Sold on
May 20th 2026

Doorify IDX Logo

113 Ute Lane

$405,900

2720

Lake Royale

$149

3

2026

0.34

Listed on
Jun 9th 2026

Doorify IDX Logo

1429 Sagamore Drive

$395,000

1985

Lake Royale

$199

3

2025

0.34

Sold on
Jul 17th 2025

Doorify IDX Logo

109 Way Drive

$295,000

Doorify IDX Logo

107 Piquot Drive

$177,000

Doorify IDX Logo

113 Desoto Drive

$269,900

Doorify IDX Logo

114 Big Horn Drive

$399,000

Doorify IDX Logo

113 Ute Lane

$405,900

Doorify IDX Logo

1429 Sagamore Drive

$395,000

Doorify IDX Logo
Listings Nearby to Listing
4 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….

109 Way Drive has a Price per Square Foot of $246.

Here’s how that compares to the surrounding area:

32% above the Cypress Township median ($187)

27% above the City of Louisburg median ($194)

27% above the Franklin County median ($193.50)

  • A small yellow house with a green roof and a covered front porch sits on a grassy lawn, surrounded by greenery and trees, with steps leading up to the front door.
    280 Sagamore Drive, Louisburg, NC 27549
    • Price: $292,000
    • $225 Price per Sqft
    • 1 Sqft
    • 0.59 Acres
    • Sold on 2025-08-27
    Full Listing

    • Price: โš–๏ธ (Sold for $3k less)

    • Sq Ft: โฌ†๏ธ (About 100 sqft larger)

    • Cost/SqFt: โฌ‡๏ธ (Sold for $21 less per sqft)

    • Condition: โš–๏ธ (Beautifully renovated)

    The home on Sagamore Drive is a beautifully renovated ranch that shows how much value buyers place on one-story living. Even though it is an older home, the high-end kitchen renovation and single-level layout give it a significant value boost. When we adjust for the fact that 109 Way Drive is a two-story home, the price for the new construction actually looks very attractive.

    ๐ŸŸข Seeing what a renovated older ranch sells for makes 109 Way Drive look like a great value for a brand-new home.

  • A two-story modern house with white and gray exterior, black trim, and a covered front porch is situated at the end of a long concrete driveway surrounded by trees and brown grass.
    169 Running Deer Drive, Louisburg, NC 27549
    • Price: $275,000
    • $232 Price per Sqft
    • 1 Sqft
    • 0.31 Acres
    • Sold on 2025-07-01
    Full Listing

    • Price: โฌ‡๏ธ (Sold for $20k less)

    • Sq Ft: โš–๏ธ (Nearly identical size)

    • Cost/SqFt: โฌ‡๏ธ (Sold for $14 less per sqft)

    • Condition: โš–๏ธ (Both are new construction)

    This property is a very strong comparison for 109 Way Drive as it is also a brand-new build with a similar two-story cottage layout. This home featured some high-end interior choices like quartz countertops and a herringbone tile backsplash, selling for just slightly less per square foot. It confirms that the market is actively supporting prices in this range for new homes in the neighborhood.

    ๐ŸŸก This recent sale demonstrates that 109 Way Drive is positioned right where it should be for a new home in Lake Royale.

  • A light-colored manufactured home with a screened porch sits on a sloped driveway surrounded by lush green trees and landscaped bushes. The yard is well-maintained with a mix of grass, stone, and mulch beds.
    196 Red Wing Drive, Louisburg, NC 27549
    • Price: $210,000
    • $178 Price per Sqft
    • 1 Sqft
    • 0.28 Acres
    • Sold on 2025-09-08
    Full Listing

    • Price: โฌ‡๏ธ (Sold for $85k less)

    • Sq Ft: โš–๏ธ (Nearly identical size)

    • Cost/SqFt: โฌ‡๏ธ (Sold for $68 less per sqft)

    • Condition: โฌ‡๏ธ (Dated cabinets and older finishes)

    This home on Red Wing Drive offers a much lower entry price into the lake community, but the difference in age is quite apparent. While this property features fun outdoor additions like a hot tub and a built-in bar, the interior shows its age with honey oak cabinets and older laminate flooring. In contrast, 109 Way Drive provides a completely fresh, modern interior that requires zero projects.

    ๐ŸŸก While this sold listing was a great budget-friendly option, the price premium for 109 Way Drive is justified by its brand-new construction and turnkey 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 โ€œwhyโ€ 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.

20 Minute Strategy Call-a – Schedule a meeting

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 consumersโ€™ 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 two-story house with beige siding, a covered front porch with wooden railings, and a set of stairs. The house is surrounded by grass, trees, and a paved walkway, with a detached garage in the background.

109 Way Drive
Louisburg, NC 27549

109 Way Drive
Louisburg, NC 27549

$295,000

$295,000

Lake Royale – Cypress Township – Franklin County

A two-story house with beige siding, a covered front porch with wooden railings, and a set of stairs. The house is surrounded by grass, trees, and a paved walkway, with a detached garage in the background.

109 Wy Dr

Louisburg

3 br

1198 sqft

$295,000

TWP Cypress

CTY Franklin

SUB Lake Royale

Share to...
LinkedInRedditThreadsPinterestBlueskyNextdoorChatGPTClaudePerplexityGoogle AI