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!
18 categories
Doorify MLS #10159061$369,900−$5,000 · −1.3%$294/sqft Doorify MLS #10159061$374,900−$5,000 · −1.3%$298/sqft Doorify MLS #10159061$379,900−$5,000 · −1.3%$302/sqft Doorify MLS #10159061$384,900−$5,000 · −1.3%$306/sqft Doorify MLS #10159061$389,900$310/sqftNear 115 Running Bear Drive · Louisburg, NC 27549
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.
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.
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.
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.
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.
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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.
