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121 Running Bear Drive
Louisburg, NC 27549

$290,000

Lake Royale – Cypress Township – Franklin County

121 Running Bear Drive
Louisburg, NC 27549

$290,000

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

  • 🔑 Gated Lake Royale Community

  • 🛁 Updated Primary Bath

  • 🪵 New Flooring In The Primary Bedroom

  • 🎨 Fresh Interior Paint

  • 🌅 Bright Open Layout

  • 🏊 Community Pool & Clubhouse

Discover the perfect blend of comfort, lifestyle, and value in this beautifully updated home located in the sought-after gated Lake Royale community. Whether you’re searching for a full-time residence, weekend retreat, or investment opportunity, 121 Running Bear Dr offers the peaceful lake lifestyle buyers dream about.

Inside, you’ll find a bright open layout designed for both relaxing and entertaining. Recent updates include an updated primary bath, new flooring in the primary bedroom, and fresh interior paint, creating a clean move-in-ready feel. The spacious living and dining areas flow seamlessly into the heart of the home, while the private owner’s suite offers the perfect place to unwind after a day on the lake.

Outside, enjoy a peaceful natural setting ideal for morning coffee, grilling out, or simply relaxing in the fresh Carolina air. Lake Royale amenities include gated entry with private police/security, lake access with boating & fishing, sandy beaches, community pool & clubhouse, pickleball & tennis courts, parks, outdoor recreation, and nearby golf. Enjoy resort-style living at an incredible value!

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

Discover the perfect blend of comfort, lifestyle, and value in this beautifully updated home located in the sought-after gated Lake Royale community. Whether you’re searching for a full-time residence, weekend retreat, or investment opportunity, 121 Running Bear Dr offers the peaceful lake lifestyle buyers dream about. Inside, you’ll find a bright open layout designed for both relaxing and entertaining. Recent updates include an updated primary bath, new flooring in the primary bedroom, and fresh interior paint, creating a clean move-in-ready feel. The spacious living and dining areas flow seamlessly into the heart of the home, while the private owner’s suite offers the perfect place to unwind after a day on the lake. Outside, enjoy a peaceful natural setting ideal for morning coffee, grilling out, or simply relaxing in the fresh Carolina air. Lake Royale amenities include gated entry with private police/security, lake access with boating & fishing, sandy beaches, community pool & clubhouse, pickleball & tennis courts, parks, outdoor recreation, and nearby golf. Enjoy resort-style living at an incredible value! Schedule your private showing today and discover the Lake Royale lifestyle!

Listing History

Date

Status

Price

  • 2026-05-21

    Active

    $290,000

Documents

Documents Source: Doorify MLS IDX Feed

Nearby Listings

Statuses
Date Range
Price

121 Running Bear Drive

$290,000

1486

Lake Royale

$195

3

2011

0.34

Listed on
May 21st 2026

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

$290,000

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
15 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 $195.

Here’s how that compares to the surrounding area:

1% below the Cypress Township median ($197)

1% below the City of Louisburg median ($197)

3% below the Franklin County median ($200)

  • 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
    • 1,645 Sqft
    • 0.43 Acres
    • Sold on 2025-09-19
    • Price: ⬆️ (Sold for $69k more)

    • Sq Ft: ⬆️ (About 160 sq ft larger)

    • Cost/SqFt: ⬆️ ($24 more per foot)

    • Condition: ⬆️ (Brand new luxury construction)

    Comparing 121 Running Bear Drive to this property shows the premium you pay for brand-new construction in Lake Royale. This home on Shawnee features high-end finishes like quartz countertops and a luxury tiled shower that you’d expect in a 2025 build. The home for sale is positioned as a more affordable alternative that still offers a modern layout without the new-build price tag.

    🟡 This comparison highlights that 121 Running Bear Drive is priced appropriately for its age and finish level compared to the local luxury market.

  • A single-story white house with a front porch and gable roof sits next to a wooded area at 122 Buckskin Drive, Louisburg. The wide, cracked driveway leads to a yard where toys and a small American flag are visible near the porch.
    122 Buckskin Drive, Louisburg, NC 27549
    • Price: $277,000
    • $219 Price per Sqft
    • 1,264 Sqft
    • 0.95 Acres
    • Sold on 2026-04-08
    • Price: ⬇️ (Sold for $13k less)

    • Sq Ft: ⬇️ (About 220 sq ft smaller)

    • Cost/SqFt: ⬆️ ($24 more per foot)

    • Condition: ⬇️ (Visibly dated features)

    This sold listing on Buckskin Drive sits on a larger lot, but the interior is quite dated with honey oak cabinets and older bathroom fixtures. Even with the extra land, it sold for a much higher price per square foot than what is being asked for 121 Running Bear Drive. The home for sale gives you a newer, larger, and more updated interior for a better price.

    🟢 121 Running Bear Drive stands out as a much better deal here, offering more modern living space for less money per foot.

  • 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
    • 1,230 Sqft
    • 0.34 Acres
    • Sold on 2026-02-06
    • Price: ⬇️ (Sold for $25k less)

    • Sq Ft: ⬇️ (About 250 sq ft smaller)

    • Cost/SqFt: ⬆️ ($20 more per foot)

    • Condition: ⬆️ (Fully renovated interior)

    This sold listing is a great example of a fully renovated older ranch right on the same street. While it sold for a lower total price, the cost per square foot was actually higher because of those modern upgrades like the granite counters and shaker cabinets. 121 Running Bear Drive offers more space and a newer 2011 build date for a better overall rate per foot.

    🟢 If you value square footage and a newer structure over a smaller, fully flipped home, 121 Running Bear Drive is a fantastic option.

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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 gray single-story house with white trim at 121 Running Bear Drive, Louisburg, features a yellow front door, flower boxes under the windows, a covered porch, manicured bushes, and a two-car garage set against trees and a green lawn.

121 Running Bear Drive
Louisburg, NC 27549

121 Running Bear Drive
Louisburg, NC 27549

$290,000

$290,000

Lake Royale – Cypress Township – Franklin County

A gray single-story house with white trim at 121 Running Bear Drive, Louisburg, features a yellow front door, flower boxes under the windows, a covered porch, manicured bushes, and a two-car garage set against trees and a green lawn.

121 Running Bear Dr

Louisburg

3 br

1486 sqft

TWP Cypress

CTY Franklin

SUB Lake Royale

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