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131 Osage Drive
Louisburg, NC 27549

$379,000

Lake Royale – Cypress Township – Franklin County

131 Osage Drive
Louisburg, NC 27549

$379,000

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Single Family

Active

Lake Royale

Cypress Township

Franklin County

  • Bedrooms: 3
  • Bathrooms: 3
  • Square Feet: 1837
  • Acres: 0.46
  • Year Built: 2026

Single Family

Active

Lake Royale

Cypress Township

Franklin County

  • Bedrooms: 3
  • Bathrooms: 3
  • Square Feet: 1837
  • Acres: 0.46
  • Year Built: 2026

3
Bed

3
Bath

1837
sqft

0.46
acres

  • โœจ Brand New Construction

  • ๐ŸŒŠ Gated Lake Community

  • ๐Ÿชต Vaulted Ceilings

  • ๐Ÿงบ Barn Style Walk-In Pantry

  • ๐Ÿ’Ž Quartz Slabs

  • ๐ŸŒณ Wooded Backyard

$8,000 INCENTIVE AVAILABLE!!! Brand new construction, craftsman style ranch home in gated lake community that offers an open floor plan with vaulted ceilings in kitchen with a casual dining nook that opens to family room with sliders to a screened porch and wood deck. It has a beautifully designed kitchen offering a large center island, plenty of custom cabinetry, and barn style walk-in pantry. Kitchen package includes all stainless-steel appliances. Open the door to the primary bedroom with tray ceiling, walk-in closet, primary bathroom with dual-sink vanity, large tiled luxe shower with seat, and private water closet. The secondary bedrooms feature ample closets and shared hall bath. At the entrance is an office space/den with another full bath. Gorgeous quartz slabs adorn all countertops throughout, ample laundry room, 2-car garage attached with convenient everyday entry, linens closet, coats closet, pull-down stair access to storage and mechanical room. Amenities include spacious/wooded backyard, quick access to lake, community center, swimming beaches, parks/playgrounds and much more!

$8,000 INCENTIVE AVAILABLE!!! Brand new construction, craftsman style ranch home in gated lake community that offers an open floor plan with vaulted ceilings in kitchen with a casual dining nook that opens to family room with sliders to a screened porch and wood deck. It has a beautifully designed kitchen offering a large center island, plenty of custom cabinetry, and barn style walk-in pantry. Kitchen package includes all stainless-steel appliances. Open the door to the primary bedroom with tray ceiling, walk-in closet, primary bathroom with dual-sink vanity, large tiled luxe shower with seat, and private water closet. The secondary bedrooms feature ample closets and shared hall bath. At the entrance is an office space/den with another full bath. Gorgeous quartz slabs adorn all countertops throughout, ample laundry room, 2-car garage attached with convenient everyday entry, linens closet, coats closet, pull-down stair access to storage and mechanical room. Amenities include spacious/wooded backyard, quick access to lake, community center, swimming beaches, parks/playgrounds and much more!

Listing History

Date

Status

Price

  • 2026-01-31

    Active

    $389,000

  • 2026-04-17

    Price Decrease

    $388,000

  • 2026-05-11

    Price Decrease

    $383,000

  • 2026-05-28

    Price Decrease

    $379,000

Documents

Documents Source: Doorify MLS IDX Feed

Nearby Listings

Statuses
Date Range
Price

131 Osage Drive

$379,000

1837

Lake Royale

$206

3

2026

0.46

Listed on
Jan 31st 2026

Doorify IDX Logo

132 Osage Drive

$289,900

2509

Lake Royale

$116

3

1997

0.94

Listed on
Nov 30th 2025

Doorify IDX Logo

103 Kiki Lane

$50,000

Lake Royale

0.18

Sold on
Aug 18th 2025

Doorify IDX Logo

121 Mahto Road

$119,000

450

Lake Royale

$264

1

2008

0.34

Sold on
Oct 1st 2025

Doorify IDX Logo

115 Santee Drive

$375,000

1886

Lake Royale

$199

3

2026

0.46

Listed on
May 5th 2026

Doorify IDX Logo

128 Horseman Drive

$465,000

2059

Lake Royale

$226

3

2023

1.2

Sold on
Apr 21st 2026

Doorify IDX Logo

131 Osage Drive

$379,000

Doorify IDX Logo

132 Osage Drive

$289,900

Doorify IDX Logo

103 Kiki Lane

$50,000

Doorify IDX Logo

121 Mahto Road

$119,000

Doorify IDX Logo

115 Santee Drive

$375,000

Doorify IDX Logo

128 Horseman Drive

$465,000

Doorify IDX Logo
Listings Nearby to Listing
7 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….

131 Osage Drive has a Price per Square Foot of $206.

Here’s how that compares to the surrounding area:

10% above the Cypress Township median ($192)

9% above the City of Louisburg median ($194)

12% above the Franklin County median ($189.50)

  • A small, two-story house with green and brown siding, a gabled roof, and a brick walkway leading to a red front door, surrounded by tall trees and greenery.
    108 Horseman Drive, Louisburg, NC 27549
    • Price: $169,900
    • $105 Price per Sqft
    • 1616 Sqft
    • 0.34 Acres
    • Sold on Oct 24th 2025
    • Price: โฌ‡๏ธ (Sold for $219k less)

    • Sq Ft: โฌ‡๏ธ (Smaller by 221 sq ft)

    • Cost/SqFt: โฌ‡๏ธ ($107 less per sq ft)

    • Condition: โฌ‡๏ธ (1980s original vs. 2026 Luxury New Build)

    It is important to look at this property to understand the price gap between older, established homes and brand-new construction. This sold listing is a 1980s-era home that, while charming, features much more dated finishes like basic cabinetry and window AC units, and it lacks the attached garage found at 131 Osage Drive. In contrast, the home for sale offers a modern open-concept flow, high-end quartz surfaces, and the energy efficiency of a 2026 build. While the price difference is large, it reflects the total absence of renovation needs and the luxury upgrades included in the newer home.

    ๐ŸŸก 131 Osage Drive makes sense for the area when you consider the massive jump in quality and modern amenities compared to older homes like the one on Horseman Drive.

  • 126 Acoma Drive, Louisburg, NC 27549
    • Price: $389,000
    • $212 Price per Sqft
    • 1837 Sqft
    • 0.46 Acres
    • Sold on Dec 16th 2025
    • Price: โš–๏ธ (Identical at $389,000)

    • Sq Ft: โš–๏ธ (Identical at 1,837 sq ft)

    • Cost/SqFt: โš–๏ธ (Identical at $212)

    • Condition: โš–๏ธ (Identical new construction plan)

    This sold listing is actually the exact same ‘Aster’ floor plan as the home for sale, which gives us a perfect ‘apples-to-apples’ comparison. You can see the same high-quality finishes here, including the dual-sink vanity in the primary bath and the spacious screened-in porch that overlooks the wooded backyard. Because this property sold so recently at the exact same price point, it provides very strong evidence that the market supports this value for this specific model and level of finish. The consistency in quality between these builds is a great sign for a buyer looking for a predictable, high-end experience.

    ๐ŸŸก With identical square footage and finishes, 131 Osage Drive is positioned perfectly in line with the most recent market data for this model.

  • A modern single-story house with light-colored vertical siding, a dark two-car garage door, a small covered entryway, rectangular windows, and a neat lawn bordered by shrubs and trees.
    124 Horseman Drive, Louisburg, NC 27549
    • Price: $389,000
    • $199 Price per Sqft
    • 1955 Sqft
    • 0.84 Acres
    • Sold on May 14th 2025
    • Price: โš–๏ธ (Identical at $389,000)

    • Sq Ft: โฌ†๏ธ (Larger by 118 sq ft)

    • Cost/SqFt: โฌ‡๏ธ ($13 less per sq ft)

    • Condition: โš–๏ธ (Both are high-end new construction)

    Comparing these two is a great way to see the different architectural styles available in Lake Royale. While 131 Osage Drive offers a classic craftsman look with those beautiful vaulted ceilings and a barn-style pantry, this sold listing featured a sleek mid-century modern aesthetic with custom floating shelves and unique accent walls. Both homes represent the top tier of new construction quality in the area, featuring quartz countertops and luxury walk-in showers. This property did offer a bit more elbow room with a significantly larger lot of nearly an acre, which explains why its price per square foot was slightly lower.

    ๐ŸŸก Since both homes are brand new and sold for the exact same price, 131 Osage Drive appears fairly priced for a buyer who prefers a craftsman layout over a modern one.

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 โ€œwhyโ€ 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 consumersโ€™ 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 single-story blue house with white trim, a covered front porch, brick steps, black railings, and a double garage. The yard is unfinished, and leafless trees are visible in the background under a clear sky.

131 Osage Drive
Louisburg, NC 27549

131 Osage Drive
Louisburg, NC 27549

$379,000

$379,000

Lake Royale – Cypress Township – Franklin County

A modern single-story blue house with white trim, a covered front porch, brick steps, black railings, and a double garage. The yard is unfinished, and leafless trees are visible in the background under a clear sky.

131 Osage Dr

Louisburg

3 br

1837 sqft

TWP Cypress

CTY Franklin

SUB Lake Royale

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