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A cozy log cabin at 115 Running Bear Drive, Louisburg, with a green roof and two dormer windows, features a covered front porch with wooden railings, set on a lush green lawn and surrounded by tall trees.A cozy log cabin at 115 Running Bear Drive, Louisburg, with a large front porch glows warmly under a vibrant sunset sky. Stone accents line the foundation, and the house is surrounded by green grass and tall trees.A wooden cabin-style house with a front porch sits on a large, green lawn, surrounded by tall trees. An attached garage is visible on the left. The sky is clear and blue.Aerial view of a wooded property with a log-style house, detached garage, and long driveway. The house has a front porch and green roof, surrounded by grass and trees. A few vehicles and a gravel area are visible.A cozy living room with wood-paneled walls and ceiling, gray recliner chairs, a wooden console table with a lamp and decor, and a door with a wreath. Two windows with plaid curtains let in natural light.A cozy log cabin living room with wood-paneled walls, vaulted ceiling, gray sofas, a fireplace, and a TV. The open kitchen and dining area are visible in the background. Ceiling fan and rustic decor add warmth.A cozy log cabin living room with wood walls, vaulted ceiling, large windows, a sectional sofa, armchairs, a TV above a fireplace, and a ceiling fan with lights. Natural light brightens the warm, rustic space.Cozy wooden cabin living room with TV, fireplace, patterned sofa, recliner, armchair, lamps, and windows with plaid valances. Ceiling fan above and decorative greenery on the wall.

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115 Running Bear Drive · Louisburg, NC 27549

Louisburg, NC 27549 · Lake Royale
ActiveSingle FamilyLake RoyaleCypress TownshipFranklin County
$369,900
$294 / sq ftListed Apr 10, 2026
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A cozy log cabin at 115 Running Bear Drive, Louisburg, with a green roof and two dormer windows, features a covered front porch with wooden railings, set on a lush green lawn and surrounded by tall trees.A cozy log cabin at 115 Running Bear Drive, Louisburg, with a large front porch glows warmly under a vibrant sunset sky. Stone accents line the foundation, and the house is surrounded by green grass and tall trees.A wooden cabin-style house with a front porch sits on a large, green lawn, surrounded by tall trees. An attached garage is visible on the left. The sky is clear and blue.Aerial view of a wooded property with a log-style house, detached garage, and long driveway. The house has a front porch and green roof, surrounded by grass and trees. A few vehicles and a gravel area are visible.A cozy living room with wood-paneled walls and ceiling, gray recliner chairs, a wooden console table with a lamp and decor, and a door with a wreath. Two windows with plaid curtains let in natural light.

2
Bedrooms

2
Bathrooms

1,257
Square feet

0.68
Acres

2015
Year built
Lake RoyaleCypress TownshipFranklin CountyMLS 10159061

115 Running Bear DriveActive
$369,900 · 2 bd · 2 ba · 1,257 sf

Highlights

  • All-Pine Interior
  • Electric Fireplace
  • Expansive Trex Front Porch
  • Screened Rear Deck
  • Workshop Shed
  • Lake Royale Community

About this home

PRICE IMPROVEMENT $369,900! Welcome to a home that truly stands apart, featuring a beautiful all-pine interior, soaring vaulted ceilings, an open floor plan, and an inviting electric fireplace in the living room.

The spacious loft overlooking the great room offers flexible space for a home office, guest area, media room, or quiet retreat. The kitchen provides plenty of workspace and a large pantry, while the private primary suite includes an ensuite bath and convenient in-suite laundry, with washer and dryer conveying.

Enjoy peaceful mornings on the expansive Trex front porch and relaxing evenings on the screened rear deck. Finished flex space above the garage adds even more possibilities, and the 10×20 workshop shed is perfect for hobbies, projects, or extra storage.

Beyond the home, enjoy everything the Lake Royale community has to offer, including a private 345-acre lake for boating, fishing, swimming, and kayaking, plus beaches, tennis, pickleball, clubhouse amenities, year-round activities, and two memberships to The River Golf Course per household. If you're looking for something with character, flexibility, and a lifestyle that's anything but cookie-cutter, this one is worth experiencing for yourself!

Location

Cypress Township · Franklin County · Louisburg, NC

Property history

  1. Price decreasedSource: IDX Doorify MLS #10159061$369,900−$5,000 · −1.3%$294/sqft
  2. Price decreasedSource: IDX Doorify MLS #10159061$374,900−$5,000 · −1.3%$298/sqft
  3. Price decreasedSource: IDX Doorify MLS #10159061$379,900−$5,000 · −1.3%$302/sqft
  4. Price decreasedSource: IDX Doorify MLS #10159061$384,900−$5,000 · −1.3%$306/sqft
  5. Listed for saleSource: IDX Doorify MLS #10159061$389,900$310/sqft

Documents

5 documents

Floor Plans(opens in a new tab)Covenants(opens in a new tab)GIS Parcel Map(opens in a new tab)Lake Royale Amenities Map(opens in a new tab)Lake Royale Fee Schedule(opens in a new tab)

Nearby listings

Near 115 Running Bear Drive · Louisburg, NC 27549

Status

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  • Active (5)
  • Sold (2)
  • Pending (1)
Living area

Living Area

Price

Price

Date range

Date Range
Listings Nearby to Listing

115 Running Bear Drive
Lake Royale · This home
$369,900
1,257
$294
2
2015
0.68
Active
Apr 10, 2026

111 Running Bear Drive
Lake Royale
$264,900
1,230
$215
3
1993
0.34
Sold
Feb 7, 2026

114 Cherokee Drive
Lake Royale
$279,000
1,417
$197
3
2000
0.37
Active
Sep 3, 2026

122 Buckskin Drive
Lake Royale
$277,000
1,264
$219
3
1996
0.95
Sold
Jan 15, 2026

104 Pontiac Cove
Lake Royale
$479,999
975
$492
2
1977
0.97
Active
Mar 27, 2026

220 Shawnee Drive
Lake Royale
$327,500
2,270
$144
3
2022
0.34
Sold
Feb 25, 2026

Showing 6 of 8 nearby listings
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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
$294
per sq ft
City of Louisburg
$192
median · this home is 53% above
Cypress Township
$199
median · this home is 48% above
Franklin County
$191
median · this home is 54% above

Sold for
$264,900
Per sq ft
$215
Size
1,230 sq ft
Lot
0.34 acres

111 Running Bear Drive

Sold Feb 6, 2026
Sold for $105k less27 sq ft smaller$79 lower per sq ftBoth are fully updated

115 Running Bear Drive is a beautiful log-style home, but it is priced at a significant premium compared to this sold listing right next door. While the home for sale offers a garage and a newer build date, this property was fully renovated with modern granite and stainless finishes for much less. Even with the unique pine interior and vaulted ceilings at 115 Running Bear Drive, it is a tough sell to justify a $125,000 price jump for nearly the same amount of living space.

Bottom line
115 Running Bear Drive is a unique property, but the price point appears quite high compared to recently renovated homes on the same street.

Sold for
$106,000
Per sq ft
$95
Size
1,112 sq ft
Lot
0.34 acres

111 Running Bear Drive

Sold Aug 4, 2025
Sold for $264k less145 sq ft smaller$199 lower per sq ftNeeded a total renovation

This sold listing shows the entry point for a home needing a full overhaul in the neighborhood. While 115 Running Bear Drive is in pristine, move-in condition, the price gap between a shell and the finished home for sale is extreme. Even after accounting for the cost of a high-end renovation, the home for sale remains priced well above the total investment seen in this property.

Bottom line
115 Running Bear Drive offers convenience and style, but the price reflects a very high premium over the local renovation ceiling.

Sold for
$277,000
Per sq ft
$219
Size
1,264 sq ft
Lot
0.95 acres

122 Buckskin Drive

Sold Apr 8, 2026
Sold for $93k less7 sq ft larger$75 lower per sq ftFeatures older oak cabinets and finishes

The home on Buckskin Drive offers a similar footprint on a larger lot for over $100,000 less than 115 Running Bear Drive. While the home for sale has much more character with its pine interior and vaulted ceilings, the home on Buckskin represents a more typical value for this square footage. You are paying a significant lifestyle premium for the log-cabin feel and the garage at the home for sale.

Bottom line
115 Running Bear Drive is much more stylish, but the price per square foot is significantly higher than other functional homes in the area.
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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.