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132 Osage Drive
Louisburg, NC 27549

$289,900

Lake Royale – Cypress Township – Franklin County

132 Osage Drive
Louisburg, NC 27549

$289,900

  • A charming white house with black trim and a covered front porch sits on a wooded yard at 132 Osage Drive in Louisburg, surrounded by autumn leaves. Three dormer windows are on the roof, and a detached garage is visible to the left behind the house.
  • A white, two-story house with black shutters and a covered front porch sits beside a detached single-car garage on a concrete driveway, surrounded by tall trees and a spacious yard.
  • A white house with black trim and a front porch, featuring three dormer windows on the roof. The house sits on a grassy yard surrounded by trees and has a small detached shed in the background.
  • A white two-story house with black shutters and a large front porch, set in a wooded area with a detached garage, surrounded by trees and fallen leaves, under a partly cloudy sky.
  • A white metal storage shed with a roll-up door stands on a concrete pad next to a portable basketball hoop, with trees and a house visible in the background.
  • A covered front porch with black flooring, white siding, a black door with a wreath, outdoor lights, a red welcome mat, a table with four chairs, and black railings; trees are visible in the background.
  • A covered front porch with black wooden flooring, white siding, and a black door decorated with an autumn wreath. A red doormat near the door reads, "There's no place like home." Trees are visible in the background.
  • A covered porch with dark wood flooring, white siding, black shutters, and a black door. There is a glass-top table with four striped chairs and a wooded area visible in the background.
  • A spacious covered porch with black wooden flooring, white siding, black shutters, a black front door with a wreath, a pink doormat, and a patio table with chairs. Trees and yard are visible in the background.
  • A white house with black shutters and a covered front porch featuring black railings and steps. The porch overlooks a sidewalk and a grassy yard with trees in the background.
  • A charming white house with black trim and a covered front porch sits on a wooded yard at 132 Osage Drive in Louisburg, surrounded by autumn leaves. Three dormer windows are on the roof, and a detached garage is visible to the left behind the house.
  • A white, two-story house with black shutters and a covered front porch sits beside a detached single-car garage on a concrete driveway, surrounded by tall trees and a spacious yard.
  • A white house with black trim and a front porch, featuring three dormer windows on the roof. The house sits on a grassy yard surrounded by trees and has a small detached shed in the background.
  • A white two-story house with black shutters and a large front porch, set in a wooded area with a detached garage, surrounded by trees and fallen leaves, under a partly cloudy sky.
  • A white metal storage shed with a roll-up door stands on a concrete pad next to a portable basketball hoop, with trees and a house visible in the background.
  • A covered front porch with black flooring, white siding, a black door with a wreath, outdoor lights, a red welcome mat, a table with four chairs, and black railings; trees are visible in the background.
  • A covered front porch with black wooden flooring, white siding, and a black door decorated with an autumn wreath. A red doormat near the door reads, "There's no place like home." Trees are visible in the background.
  • A covered porch with dark wood flooring, white siding, black shutters, and a black door. There is a glass-top table with four striped chairs and a wooded area visible in the background.
  • A spacious covered porch with black wooden flooring, white siding, black shutters, a black front door with a wreath, a pink doormat, and a patio table with chairs. Trees and yard are visible in the background.
  • A white house with black shutters and a covered front porch featuring black railings and steps. The porch overlooks a sidewalk and a grassy yard with trees in the background.
Save
Save

Single Family

Active

Lake Royale

Cypress Township

Franklin County

  • Bedrooms: 3
  • Bathrooms: 3
  • Square Feet: 2509
  • Acres: 0.94
  • Year Built: 1997

Single Family

Active

Save

Lake Royale

Cypress Township

Franklin County

  • Bedrooms: 3
  • Bathrooms: 3
  • Square Feet: 2509
  • Acres: 0.94
  • Year Built: 1997

3
Bed

3
Bath

2509
sqft

0.94
acres

Save

  • 👗 Enormous Walk-In Closet

  • 🎮 Huge Bonus Room

  • 🌳 Nearly One-Acre Corner Lot

  • 🏚️ Storage Shed

  • 🛡️ Gated Community

  • 🎾 Tennis And Pickle Ball

If you’re looking for room to spread out, look no further! This spacious home offers a well-designed layout with plenty of flexible living space. The main level features a large primary suite with an enormous walk-in closet, along with a second bedroom. Just off the kitchen you’ll find a comfortable family room, plus an additional large room that could easily serve as a formal dining room or living room.

Upstairs, there’s a HUGE bonus room complete with a full bathroom, an office or flex space, and a third bedroom–perfect for guests, work, or hobbies. The homeowner recently had the crawl space conditioned, and all appliances will remain with the home. Step outside onto the back deck and enjoy the peace and quiet of your nearly one-acre corner lot. Gutters have been installed by the homeowner, and a storage shed will also convey with the property. Conveniently located with a park just up the street!

Enjoy Tennis, pickle ball, disc golf, mini golf, golf and swimming. Join the Corn hole league, play basket ball pick up games. Grab your pole and go fishing, stop at the club house for recreation events. So many Amenities for you to enjoy in a Gated Community

If you’re looking for room to spread out, look no further! This spacious home offers a well-designed layout with plenty of flexible living space. The main level features a large primary suite with an enormous walk-in closet, along with a second bedroom. Just off the kitchen you’ll find a comfortable family room, plus an additional large room that could easily serve as a formal dining room or living room. Upstairs, there’s a HUGE bonus room complete with a full bathroom, an office or flex space, and a third bedroom–perfect for guests, work, or hobbies. The homeowner recently had the crawl space conditioned, and all appliances will remain with the home. Step outside onto the back deck and enjoy the peace and quiet of your nearly one-acre corner lot. Gutters have been installed by the homeowner, and a storage shed will also convey with the property. Conveniently located with a park just up the street! Enjoy Tennis, pickle ball, disc golf, mini golf, golf and swimming. Join the Corn hole league, play basket ball pick up games. Grab your pole and go fishing, stop at the club house for recreation events. So many Amenities for you to enjoy in a Gated Community

Maps

Listing History

Date

Status

Price

  • 2025-11-30

    Active

    $319,900

  • 2026-01-20

    Price Decrease

    $309,900

  • 2026-03-09

    Price Decrease

    $299,900

  • 2026-04-30

    Price Decrease

    $289,900

Documents

Documents Source: Doorify MLS IDX Feed

  • A charming white house with black trim and a covered front porch sits on a wooded yard at 132 Osage Drive in Louisburg, surrounded by autumn leaves. Three dormer windows are on the roof, and a detached garage is visible to the left behind the house.
  • A white, two-story house with black shutters and a covered front porch sits beside a detached single-car garage on a concrete driveway, surrounded by tall trees and a spacious yard.
  • A white house with black trim and a front porch, featuring three dormer windows on the roof. The house sits on a grassy yard surrounded by trees and has a small detached shed in the background.
  • A white two-story house with black shutters and a large front porch, set in a wooded area with a detached garage, surrounded by trees and fallen leaves, under a partly cloudy sky.
  • A white metal storage shed with a roll-up door stands on a concrete pad next to a portable basketball hoop, with trees and a house visible in the background.
  • A covered front porch with black flooring, white siding, a black door with a wreath, outdoor lights, a red welcome mat, a table with four chairs, and black railings; trees are visible in the background.
  • A covered front porch with black wooden flooring, white siding, and a black door decorated with an autumn wreath. A red doormat near the door reads, "There's no place like home." Trees are visible in the background.
  • A covered porch with dark wood flooring, white siding, black shutters, and a black door. There is a glass-top table with four striped chairs and a wooded area visible in the background.
  • A spacious covered porch with black wooden flooring, white siding, black shutters, a black front door with a wreath, a pink doormat, and a patio table with chairs. Trees and yard are visible in the background.
  • A white house with black shutters and a covered front porch featuring black railings and steps. The porch overlooks a sidewalk and a grassy yard with trees in the background.

Nearby Listings

Statuses
Date Range
Price

132 Osage Drive

$289,900

2509

Lake Royale

$116

3

1997

0.94

Listed on
Nov 30th 2025

Doorify IDX Logo

131 Osage Drive

$379,000

1837

Lake Royale

$206

3

2026

0.46

Listed on
Jan 31st 2026

Doorify IDX Logo

115 Santee Drive

$375,000

1886

Lake Royale

$199

3

2026

0.46

Listed on
May 5th 2026

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

104 White Horse Drive

$414,900

2931

Lake Royale

$142

3

2026

0.05

Listed on
Mar 5th 2026

Doorify IDX Logo

132 Osage Drive

$289,900

Doorify IDX Logo

131 Osage Drive

$379,000

Doorify IDX Logo

115 Santee Drive

$375,000

Doorify IDX Logo

103 Kiki Lane

$50,000

Doorify IDX Logo

121 Mahto Road

$119,000

Doorify IDX Logo

104 White Horse Drive

$414,900

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….

132 Osage Drive has a Price per Square Foot of $116.

Here’s how that compares to the surrounding area:

38% below the Cypress Township median ($192)

38% below the City of Louisburg median ($194)

37% below the Franklin County median ($189.50)

  • 178 Horseman Drive, Louisburg, NC 27549
    • Price: $429,000
    • $158 Price per Sqft
    • 2721.3 Sqft
    • 0.53 Acres
    • Sold on Dec 10th 2025
    Full Listing

    • Price: ⬆️ (Sold for $129,100 more)

    • Sq Ft: ⬆️ (About 210 sqft larger)

    • Cost/SqFt: ⬆️ (Sold for $38 more per sqft)

    • Condition: ⬆️ (Updated custom stick-built home)

    The home on Horseman Drive is a great example of a newer, stick-built custom ranch with a finished basement. When you look at the photos, you’ll notice more modern touches like granite countertops and updated flooring compared to the honey oak cabinets and carpet found at 132 Osage Drive. Even though the home for sale is a bit smaller and older, its lower price point accounts for those cosmetic differences and its modular construction. This comparison highlights that 132 Osage Drive is a solid choice if you’re looking for space and a large lot while being willing to do some updating over time.

    🟡 132 Osage Drive is positioned well, offering a significant discount for a buyer who values extra land and square footage over modern interior finishes.

  • A suburban house with a dark roof, brick and siding exterior, and a two-car garage sits behind a large, sunny green lawn, surrounded by trees and neighboring homes. Leaves frame the top of the image.
    929 Sagamore Drive, Louisburg, NC 27549
    • Price: $720,000
    • $237 Price per Sqft
    • 3042 Sqft
    • 0.41 Acres
    • Sold on Jul 2nd 2025
    Full Listing

    • Price: ⬆️ (Sold for $420,100 more)

    • Sq Ft: ⬆️ (About 530 sqft larger)

    • Cost/SqFt: ⬆️ (Sold for $117 more per sqft)

    • Condition: ⬆️ (Lakefront with high-end finishes)

    This property represents the high end of the neighborhood, sitting directly on the lake with its own boathouse and dock. While 132 Osage Drive is much more budget-friendly, this home shows the significant value that lakefront access and a finished walk-out basement add to a property. The interior here features more modern updates like LVP flooring and a stone fireplace that you won’t find at the home for sale. Ultimately, 132 Osage Drive is positioned as a great entry point for those who want the community amenities without the massive lakefront price tag.

    🟡 The home for sale makes sense for the area, offering a much more affordable way to join the Lake Royale community than a premium lakefront estate.

  • 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
    Full Listing

    • Price: ⬆️ (Sold for $89,100 more)

    • Sq Ft: ⬇️ (About 550 sqft smaller)

    • Cost/SqFt: ⬆️ (Sold for $79 more per sqft)

    • Condition: ⬆️ (Brand new modern luxury)

    Comparing 132 Osage Drive to this home is a bit like comparing apples to oranges. This sold listing is a brand-new, modern luxury build with high-end finishes like floating shelves and a custom primary suite, whereas the home for sale is a well-maintained but more traditional modular home from the late 90s. While 132 Osage Drive offers more square footage for a lower price, the premium on this property reflects its new construction status and contemporary design. It shows that for a higher budget, you can move into something completely turnkey and modern in Lake Royale.

    🟡 132 Osage Drive appears fairly priced as a spacious, established option compared to the high cost of brand-new luxury construction.

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.

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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 charming white house with black trim and a covered front porch sits on a wooded yard at 132 Osage Drive in Louisburg, surrounded by autumn leaves. Three dormer windows are on the roof, and a detached garage is visible to the left behind the house.

132 Osage Drive
Louisburg, NC 27549

132 Osage Drive
Louisburg, NC 27549

$289,900

$289,900

Lake Royale – Cypress Township – Franklin County

A charming white house with black trim and a covered front porch sits on a wooded yard at 132 Osage Drive in Louisburg, surrounded by autumn leaves. Three dormer windows are on the roof, and a detached garage is visible to the left behind the house.

132 Osage Dr

Louisburg

3 br

2509 sqft

$289,900

TWP Cypress

CTY Franklin

SUB Lake Royale

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