121 Running Bear Drive · Louisburg, NC 27549

Louisburg, NC 27549 · Lake Royale
ActiveSingle FamilyLake RoyaleCypress TownshipFranklin County
$260,000
$175 / sq ftListed May 21, 2026

3
Bedrooms

2
Bathrooms

1,486
Square feet

0.34
Acres

2011
Year built
Lake RoyaleCypress TownshipFranklin CountyMLS 10168933

121 Running Bear DriveActive
$260,000 · 3 bd · 2 ba · 1,486 sf

Highlights

  • Gated Lake Royale Community
  • Updated Primary Bath
  • Fresh Interior Paint
  • Community Pool & Clubhouse
  • Lake Access With Boating
  • Pickleball & Tennis Courts

About this home

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!

Location

Cypress Township · Franklin County · Louisburg, NC

Property history

2 listings on Doorify MLS since 2025

  1. Price decreasedSource: IDX Doorify MLS #10168933$260,000−$10,000 · −3.7%$175/sqft
  2. Price decreasedSource: IDX Doorify MLS #10168933$270,000−$5,000 · −1.8%$182/sqft
  3. Price decreasedSource: IDX Doorify MLS #10168933$275,000−$5,000 · −1.8%$185/sqft
  4. Price decreasedSource: IDX Doorify MLS #10168933$280,000−$10,000 · −3.4%$188/sqft
  5. Listed for saleSource: IDX Doorify MLS #10168933$290,000+$5,000 · +1.8%$195/sqft
  6. Listing RemovedSource: IDX Doorify MLS #10116946$285,000$192/sqft
  7. Price decreasedSource: IDX Doorify MLS #10116946$285,000−$10,000 · −3.4%$192/sqft
  8. Price decreasedSource: IDX Doorify MLS #10116946$295,000$199/sqft

Nearby listings

Near 121 Running Bear Drive · Louisburg, NC 27549

Status

Statuses-buttons
  • All
  • Sold (7)
Living area

Living Area

Price

Price

Date range

Date Range
Listings Nearby to Listing

121 Running Bear Drive
Lake Royale · This home
$260,000
1,486
$175
3
2011
0.34
Active
May 21, 2026
115 Running Bear Drive
Lake Royale
$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
$290,000
1,417
$205
3
2000
0.37
Active
Sep 3, 2026
205 Shawnee Drive
Lake Royale
$359,500
1,645
$219
3
2025
0.43
Sold
Feb 15, 2026
104 Pontiac Cove
Lake Royale
$489,999
975
$503
2
1977
0.97
Under Contract
Mar 27, 2026

Showing 6 of 7 nearby listings

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
$175
per sq ft
City of Louisburg
$193.50
median · this home is 10% below
Cypress Township
$200.50
median · this home is 13% below
Franklin County
$193
median · this home is 9% below

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 $5k more256 sq ft smaller$40 higher per sq ftFully 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.

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

Sold for
$359,500
Per sq ft
$219
Size
1,645 sq ft
Lot
0.43 acres

205 Shawnee Drive

Sold Sep 19, 2025
Sold for $100k more159 sq ft larger$44 higher per sq ftBrand 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.

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

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 $17k more222 sq ft smaller$44 higher per sq ftVisibly 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.

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

Take the Next Step…

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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.