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127 Ottawa Drive
Louisburg, NC 27549

$545,000

Lake Royale – Cypress Township – Franklin County

127 Ottawa Drive
Louisburg, NC 27549

$545,000

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Single Family

Active

Lake Royale

Cypress Township

Franklin County

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Square Feet: 3112
  • Acres: 0.34
  • Year Built: 2023

Single Family

Active

Lake Royale

Cypress Township

Franklin County

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Square Feet: 3112
  • Acres: 0.34
  • Year Built: 2023

3
Bed

2.5
Bath

3112
sqft

0.34
acres

  • 🚗 Horseshoe Driveway

  • 🪵 Quartz Countertops

  • 🌅 Screened-In Back Porch

  • 🛋️ Separate Sitting Room

  • 🍿 Theater Room

  • 🍹 Service Bar Area

Welcome to Lake Royale! Discover your personal oasis located just 15 miles from the Wake County line near Wake Forest. Built with hospitality and comfort in mind, this 3-year-old home boasts over 3,100 square feet of living space, offering plenty of room for guests to spread out, along with a convenient horseshoe driveway for easy parking. Step onto the welcoming covered front porch and into an open first floor filled with natural light, high ceilings, and a convenient half bath. The heart of the home is the stylish, open-concept kitchen, dining, and living area, featuring an abundance of white shaker-style cabinets, deep drawers, quartz countertops, stainless steel appliances, a pantry, and a center island. Just off the kitchen, a screened-in back porch offers the perfect spot for unwinding after a day on the lake or starting your morning in peace, overlooking a backyard with plenty of space for pets and play.

The first-floor primary suite features a separate sitting room–perfect for main-level living–and a luxurious bathroom with dual vanities and a glass-frame shower. Thoughtful, turn-key details you’ll appreciate from day one are already taken care of, including ceiling fans, landscaping, and window treatments. The second floor offers two bedrooms (one oversized), a full bathroom, a dedicated laundry area, and a massive (19×21) bonus room currently serving as a theater room, complete with a hidden service bar area with a sink and a separate home office with built-in shelves and a desk. Up one more level, the third floor features a massive recreation room with a game area and lounge space.

Located just a 5-minute bike ride away from Ottawa Drive is the Pavilion recreation area, featuring a sandy swimming beach, a mini-golf course, and a handy boat ramp. The centerpiece of this gated community is the 345-acre, 3.5-mile-long private lake, offering serene beauty and ample recreational opportunities. Lake Royale hosts year-round social events for members and guests, centered around the clubhouse with its own swimming beach, dock, and picnic spots, while additional community amenities include an outdoor swimming pool complex, basketball and tennis courts, a fitness park, and owner privileges at the adjacent 18-hole course at The River Golf Club. This beautiful, unique community is a hidden jem of the Triangle area.

Welcome to Lake Royale! Discover your personal oasis located just 15 miles from the Wake County line near Wake Forest. Built with hospitality and comfort in mind, this 3-year-old home boasts over 3,100 square feet of living space, offering plenty of room for guests to spread out, along with a convenient horseshoe driveway for easy parking. Step onto the welcoming covered front porch and into an open first floor filled with natural light, high ceilings, and a convenient half bath. The heart of the home is the stylish, open-concept kitchen, dining, and living area, featuring an abundance of white shaker-style cabinets, deep drawers, quartz countertops, stainless steel appliances, a pantry, and a center island. Just off the kitchen, a screened-in back porch offers the perfect spot for unwinding after a day on the lake or starting your morning in peace, overlooking a backyard with plenty of space for pets and play. The first-floor primary suite features a separate sitting room–perfect for main-level living–and a luxurious bathroom with dual vanities and a glass-frame shower. Thoughtful, turn-key details you’ll appreciate from day one are already taken care of, including ceiling fans, landscaping, and window treatments. The second floor offers two bedrooms (one oversized), a full bathroom, a dedicated laundry area, and a massive (19×21) bonus room currently serving as a theater room, complete with a hidden service bar area with a sink and a separate home office with built-in shelves and a desk. Up one more level, the third floor features a massive recreation room with a game area and lounge space. Located just a 5-minute bike ride away from Ottawa Drive is the Pavilion recreation area, featuring a sandy swimming beach, a mini-golf course, and a handy boat ramp. The centerpiece of this gated community is the 345-acre, 3.5-mile-long private lake, offering serene beauty and ample recreational opportunities. Lake Royale hosts year-round social events for members and guests, centered around the clubhouse with its own swimming beach, dock, and picnic spots, while additional community amenities include an outdoor swimming pool complex, basketball and tennis courts, a fitness park, and owner privileges at the adjacent 18-hole course at The River Golf Club. This beautiful, unique community is a hidden jem of the Triangle area.

Listing History

Date

Status

Price

  • 2026-05-22

    Active

    $545,000

Documents

Documents Source: Doorify MLS IDX Feed

Nearby Listings

Statuses
Date Range
Price

127 Ottawa Drive

$545,000

3112

Lake Royale

$175

3

2023

0.34

Listed on
May 22nd 2026

Doorify IDX Logo

123-125 Ottawa Drive

$619,000

3426

Lake Royale

$181

4

2025

0.68

Sold on
Nov 6th 2025

Doorify IDX Logo

235 Sequoia Drive

$305,000

1773

Lake Royale

$172

3

2025

0.34

Sold on
Feb 25th 2026

Doorify IDX Logo

138 Ottawa Drive

$419,900

2299

Lake Royale

$183

3

2023

0.45

Listed on
May 19th 2026

Doorify IDX Logo

139 Ottawa Drive

$290,000

1654

Lake Royale

$175

3

2026

0.34

Sold on
May 1st 2026

Doorify IDX Logo

242 Sequoia Drive

$340,000

1620

Lake Royale

$210

3

2024

0.34

Sold on
Aug 29th 2025

Doorify IDX Logo

127 Ottawa Drive

$545,000

Doorify IDX Logo

123-125 Ottawa Drive

$619,000

Doorify IDX Logo

235 Sequoia Drive

$305,000

Doorify IDX Logo

138 Ottawa Drive

$419,900

Doorify IDX Logo

139 Ottawa Drive

$290,000

Doorify IDX Logo

242 Sequoia Drive

$340,000

Doorify IDX Logo
Listings Nearby to Listing
10 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….

127 Ottawa Drive has a Price per Square Foot of $175.

Here’s how that compares to the surrounding area:

11% below the Cypress Township median ($197)

11% below the City of Louisburg median ($197)

13% below the Franklin County median ($200)

  • A lakeside view with leafless trees in the foreground, a grassy yard, and a small dock and covered boathouse on the right. Calm water and distant wooded shoreline are visible under a clear blue sky.
    106 Nashua Cove, Louisburg, NC 27549
    • Price: $799,000
    • $287 Price per Sqft
    • 2,789 Sqft
    • 1.15 Acres
    • Sold on 2025-05-22
    • Price: ⬆️ (Sold for $254k more)

    • Sq Ft: ⬇️ (About 323 sq ft smaller)

    • Cost/SqFt: ⬆️ (Sold for $112 more per sq ft)

    • Condition: ⬆️ (Premium lakefront lot with private dock)

    Comparing the home for sale to this property on Nashua Cove is a classic ‘Apples to Oranges’ scenario. While this sold listing is older (built in 1990) and smaller, it sits on a premier 1.15-acre lakefront lot with nearly 300 feet of shoreline and a private boat house. The massive price premium here is entirely tied to the water access and the recent 2022-2024 renovations, including a gourmet kitchen and new windows. 127 Ottawa Drive is a much newer structure with more interior space, but it lacks the direct lake access that drives the value of this property.

    🟡 The home for sale makes sense for a buyer prioritizing modern square footage and a newer build over the high-maintenance premium of a lakefront lot.

  • 123-125 Ottawa Drive, Louisburg, NC 27549
    • Price: $619,000
    • $181 Price per Sqft
    • 3,426 Sqft
    • 0.68 Acres
    • Sold on 2025-11-06
    • Price: ⬆️ (Sold for $74k more)

    • Sq Ft: ⬆️ (About 314 sq ft larger)

    • Cost/SqFt: ⬆️ (Sold for $6 more per sq ft)

    • Condition: ⬆️ (Brand new construction with a 2-car garage)

    This sold listing is a brand-new 2025 build located right on the same street as the home for sale. While it commanded a higher total price, it offers a fourth bedroom and a full two-car garage, which 127 Ottawa Drive lacks. The interior finishes in this property are very modern, featuring a pot filler and a second ‘cold kitchen’ upstairs, providing a bit more luxury than the 2023 finishes found at the home for sale. However, 127 Ottawa Drive offers a similar aesthetic and significant square footage for a lower entry price.

    🟡 127 Ottawa Drive appears fairly priced when compared to this newer, larger neighbor, especially for buyers who don’t prioritize a garage.

  • 125 Oswego Drive, Louisburg, NC 27549
    • Price: $550,000
    • $166 Price per Sqft
    • 3,304 Sqft
    • 0.77 Acres
    • Sold on 2025-12-03
    • Price: ⬆️ (Sold for $5k more)

    • Sq Ft: ⬆️ (About 192 sq ft larger)

    • Cost/SqFt: ⬇️ (Sold for $9 less per sq ft)

    • Condition: ⬆️ (Newer build with high-end smart features and a garage)

    This property on Oswego Drive represents a very strong value comparison that makes 127 Ottawa Drive look a bit expensive. For only $5,000 more, this home offered brand-new 2025 construction, more square footage, and a two-car garage. Visually, this sold listing features higher-end designer touches like black and gold fixtures, a shiplap fireplace wall, and a smart home package that isn’t present in the home for sale. It also sits on a much larger lot of 0.77 acres compared to the 0.34 acres at 127 Ottawa Drive.

    🔴 Given that a newer, larger home with a garage and superior finishes sold for nearly the same price, the home for sale may be positioned slightly high for the current market.

Take the Next Step…

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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 modern two-story gray house with white trim at 127 Ottawa Drive, Louisburg, features a covered front porch, large windows, and a sloped driveway, surrounded by green trees and shrubs under a blue sky.

127 Ottawa Drive
Louisburg, NC 27549

127 Ottawa Drive
Louisburg, NC 27549

$545,000

$545,000

Lake Royale – Cypress Township – Franklin County

A modern two-story gray house with white trim at 127 Ottawa Drive, Louisburg, features a covered front porch, large windows, and a sloped driveway, surrounded by green trees and shrubs under a blue sky.

127 Ottawa Dr

Louisburg

3 br

3112 sqft

TWP Cypress

CTY Franklin

SUB Lake Royale

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