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121 Running Bear Drive
Louisburg, NC 27549

$285,000

Lake Royale – Cypress Township – Franklin County

121 Running Bear Drive
Louisburg, NC 27549

$285,000

Save

Single Family

Active

Lake Royale

Cypress Township

Franklin County

  • Bedrooms: 3
  • Bathrooms: 2
  • Square Feet: 1486
  • Acres: 0.34
  • Year Built: 2011

Single Family

Active

Lake Royale

Cypress Township

Franklin County

  • Bedrooms: 3
  • Bathrooms: 2
  • Square Feet: 1486
  • Acres: 0.34
  • Year Built: 2011

3
Bed

2
Bath

1486
sqft

0.34
acres

  • ⛳ 18-Hole Golf Course

  • 🎾 Pickleball And Tennis Courts

  • 🏖️ Sandy Beach Access

  • 🏊 Community Pool

  • 🍳 Modern Kitchen

  • 👮 Private Police Protection

Welcome to Lake Royale, a private, gated lakefront community where every day feels like a retreat!

This beautiful home offers the perfect blend of comfort, lifestyle, and luxury, featuring a spacious, light-filled layout designed for both relaxation and entertaining. The open floor plan highlights a modern kitchen at the heart of the home, flowing seamlessly into the living and dining areas. The owner’s suite provides a private retreat with ensuite bath. Step outside to enjoy a peaceful setting–perfect for morning coffee, grilling out, or simply soaking in the fresh lake air.

Living in Lake Royale means more than just owning a home–you’ll enjoy private police protection and access to top-notch amenities, including:

18-hole golf course
Pickleball and tennis courts
Sandy beach access
Community pool
Boating, fishing, and parks

Whether you’re looking for a full-time residence, weekend getaway, or investment property, this home is ready to welcome you.

Schedule your private showing today and discover the Lake Royale lifestyle!

Welcome to Lake Royale, a private, gated lakefront community where every day feels like a retreat! This beautiful home offers the perfect blend of comfort, lifestyle, and luxury, featuring a spacious, light-filled layout designed for both relaxation and entertaining. The open floor plan highlights a modern kitchen at the heart of the home, flowing seamlessly into the living and dining areas. The owner’s suite provides a private retreat with ensuite bath. Step outside to enjoy a peaceful setting–perfect for morning coffee, grilling out, or simply soaking in the fresh lake air. Living in Lake Royale means more than just owning a home–you’ll enjoy private police protection and access to top-notch amenities, including: 18-hole golf course Pickleball and tennis courts Sandy beach access Community pool Boating, fishing, and parks Whether you’re looking for a full-time residence, weekend getaway, or investment property, this home is ready to welcome you. Schedule your private showing today and discover the Lake Royale lifestyle!

Listing History

Date

Status

Price

  • 2025-08-20

    Active

    $315,000

  • 2025-09-18

    Price Decrease

    $310,000

  • 2025-10-17

    Price Decrease

    $299,900

  • 2025-12-03

    Price Decrease

    $290,000

  • 2025-12-03

    Price Increase

    $295,000

  • 2025-12-03

    Price Decrease

    $295,000

  • 2026-02-19

    Price Decrease

    $285,000

Nearby Listings

Statuses
Date Range
Price

121 Running Bear Drive

$285,000

1486

Lake Royale

$192

3

2011

0.34

Listed on
Aug 20th 2025

Doorify IDX Logo

115 Running Bear Drive

$384,900

1257

Lake Royale

$306

2

2015

0.68

Listed on
Apr 10th 2026

Doorify IDX Logo

111 Running Bear Drive

$264,900

1230

Lake Royale

$215

3

1993

0.34

Sold on
Feb 6th 2026

Doorify IDX Logo

111 Running Bear Drive

$106,000

1112

Lake Royale

$95

3

1993

0.34

Sold on
Aug 4th 2025

Doorify IDX Logo

205 Shawnee Drive

$359,500

1645

Lake Royale

$219

3

2025

0.43

Sold on
Sep 19th 2025

Doorify IDX Logo

104 Pontiac Cove

$489,999

975

Lake Royale

$503

2

1977

0.97

Listed on
Mar 27th 2026

Doorify IDX Logo

121 Running Bear Drive

$285,000

Doorify IDX Logo

115 Running Bear Drive

$384,900

Doorify IDX Logo

111 Running Bear Drive

$264,900

Doorify IDX Logo

111 Running Bear Drive

$106,000

Doorify IDX Logo

205 Shawnee Drive

$359,500

Doorify IDX Logo

104 Pontiac Cove

$489,999

Doorify IDX Logo
Listings Nearby to Listing
16 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….

121 Running Bear Drive has a Price per Square Foot of $192.

Here’s how that compares to the surrounding area:

exactly at the Cypress Township median ($192)

1% below the City of Louisburg median ($194)

1% above the Franklin County median ($189.5)

  • 131 Wyoming Drive, Louisburg, NC 27549
    • Price: $279,000
    • $231 Price per Sqft
    • 1206 Sqft
    • 0.73 Acres
    • Sold on Dec 18th 2025
    • Price: ⬇️ (Sold for $6k less)

    • Sq Ft: ⬇️ (Smaller by ~280 sq ft)

    • Cost/SqFt: ⬆️ (Higher at $231/sqft)

    • Condition: ⚖️ (Both feature similar updates)

    This home on Wyoming Drive is a very strong indicator of value, as it is smaller and older than the home for sale, yet sold for nearly the same total price. 121 Running Bear Drive offers significantly more square footage and was built six years later, making its lower price per foot very attractive. Both properties feature updated kitchens and comfortable layouts, but the extra space and newer age of the home for sale are clear advantages.

    🟢 121 Running Bear Drive stands out as a good value when you consider you are getting a newer, larger home for a very similar price point to this smaller sold listing.

  • A modern white house with black accents, a two-car garage, and a front porch, set on a lush green lawn with trees in the background under a partly cloudy sky.
    205 Shawnee Drive, Louisburg, NC 27549
    • Price: $359,500
    • $219 Price per Sqft
    • 1645 Sqft
    • 0.43 Acres
    • Sold on Sep 19th 2025
    • Price: ⬆️ (Sold for $74k more)

    • Sq Ft: ⬆️ (Larger by ~160 sq ft)

    • Cost/SqFt: ⬆️ (Higher at $219/sqft)

    • Condition: ⬆️ (Brand new luxury vs. 2011 build)

    This property represents the luxury tier of the community, being a brand-new craftsman construction with high-end quartz, vaulted ceilings, and a two-car garage. Comparing it to 121 Running Bear Drive shows the premium required for new construction and modern floor plans like the ‘Willow’ layout. While the home for sale is well-maintained, it belongs to a different asset class than this newly built luxury residence.

    🟡 121 Running Bear Drive makes sense for the area as a more accessible option for buyers who prioritize value over brand-new construction premiums.

  • A small, gray house with white trim and a bright red front door, featuring two bay windows, sits in a wooded area with trees and mulch surrounding the front yard.
    111 Running Bear Drive, Louisburg, NC 27549
    • Price: $264,900
    • $215 Price per Sqft
    • 1230 Sqft
    • 0.34 Acres
    • Sold on Feb 6th 2026
    • Price: ⬇️ (Sold for $20k less)

    • Sq Ft: ⬇️ (Smaller by ~250 sq ft)

    • Cost/SqFt: ⬆️ (Higher at $215/sqft)

    • Condition: ⬆️ (Fully renovated vs. personalized updates)

    This sold listing is located just a few doors down and provides a great benchmark for renovated interiors in the neighborhood. While 121 Running Bear Drive offers more total square footage and the benefit of a garage, this home commanded a higher price per foot due to its crisp, professional renovation including shaker cabinets and granite. It demonstrates that buyers in Lake Royale place a high value on move-in-ready, modern aesthetics.

    🟡 121 Running Bear Drive appears fairly priced as it offers a larger footprint and a garage as a trade-off for the high-end finishes found in this sold listing.

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.

Gray single-story house with white trim, yellow front door, two front windows with flower boxes, covered porch, attached garage, surrounding bushes, and a well-manicured lawn set against a backdrop of tall trees.

121 Running Bear Drive
Louisburg, NC 27549

121 Running Bear Drive
Louisburg, NC 27549

$285,000

$285,000

Lake Royale – Cypress Township – Franklin County

Gray single-story house with white trim, yellow front door, two front windows with flower boxes, covered porch, attached garage, surrounding bushes, and a well-manicured lawn set against a backdrop of tall trees.

121 Running Bear Dr

Louisburg

3 br

1486 sqft

TWP Cypress

CTY Franklin

SUB Lake Royale

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