Second Story Realty Logo

138 Ottawa Drive
Louisburg, NC 27549

$399,000

Lake Royale – Cypress Township – Franklin County

138 Ottawa Drive
Louisburg, NC 27549

$399,000

Save

Single Family

Active

Lake Royale

Cypress Township

Franklin County

  • Bedrooms: 3
  • Bathrooms: 3
  • Square Feet: 2299
  • Acres: 0.45
  • Year Built: 2023

Single Family

Active

Lake Royale

Cypress Township

Franklin County

  • Bedrooms: 3
  • Bathrooms: 3
  • Square Feet: 2299
  • Acres: 0.45
  • Year Built: 2023

3
Bed

3
Bath

2299
sqft

0.45
acres

  • 🔥 Stylish Fireplace

  • 🧺 Functional Laundry Room

  • 🪵 Laminate Flooring

  • 🏡 Screened-In Patio

  • 🥩 Grilling Patio

  • 💦 Four-Zone Irrigation System

You’re not going to believe this—the seller will contribute toward an interest-rate buydown with an acceptable offer received by August 1 when the buyer uses a preferred lender! Contact the listing agent for details. Incentive is subject to lender approval and applicable loan-program limits.

Welcome to 138 Ottawa Drive, a beautifully designed 2,299 sq. ft. home built in 2023 with a spacious split-bedroom floor plan, bright interiors, clean lines, and thoughtful functionality throughout.

The home has been recently painted and features an inviting open-concept kitchen, dining, and living area with laminate flooring throughout for a cohesive, low-maintenance look. The main living room includes a stylish fireplace and photo-ledge shelving—perfect for displaying family photos, artwork, and treasured memories.

The split floor plan provides added privacy, with two bedrooms and two full bathrooms on the main level. A dedicated office includes a walk-in closet, offering excellent flexibility for working from home, additional storage, or guest accommodations. The beautiful and functional laundry room adds convenience to everyday living.

Upstairs offers a private and versatile second living area with a large bedroom, full bathroom, spacious living room, walk-in storage closet, and two additional closets. This flexible space is ideal for multigenerational living, extended-stay guests, older children, or a private retreat.

Enjoy outdoor living from the screened-in patio and separate grilling patio. Additional features include a two-car garage with built-in shelving for storage bins and household items, plus an additional mini refrigerator/freezer that conveys with the home. The property also includes gutter shields, a four-zone irrigation system, three full bathrooms, and abundant storage throughout.

Bright, spacious, and thoughtfully designed, this home offers an ideal balance of beauty, comfort, flexibility, and everyday functionality.

You’re not going to believe this—the seller will contribute toward an interest-rate buydown with an acceptable offer received by August 1 when the buyer uses a preferred lender! Contact the listing agent for details. Incentive is subject to lender approval and applicable loan-program limits. Welcome to 138 Ottawa Drive, a beautifully designed 2,299 sq. ft. home built in 2023 with a spacious split-bedroom floor plan, bright interiors, clean lines, and thoughtful functionality throughout. The home has been recently painted and features an inviting open-concept kitchen, dining, and living area with laminate flooring throughout for a cohesive, low-maintenance look. The main living room includes a stylish fireplace and photo-ledge shelving—perfect for displaying family photos, artwork, and treasured memories. The split floor plan provides added privacy, with two bedrooms and two full bathrooms on the main level. A dedicated office includes a walk-in closet, offering excellent flexibility for working from home, additional storage, or guest accommodations. The beautiful and functional laundry room adds convenience to everyday living. Upstairs offers a private and versatile second living area with a large bedroom, full bathroom, spacious living room, walk-in storage closet, and two additional closets. This flexible space is ideal for multigenerational living, extended-stay guests, older children, or a private retreat. Enjoy outdoor living from the screened-in patio and separate grilling patio. Additional features include a two-car garage with built-in shelving for storage bins and household items, plus an additional mini refrigerator/freezer that conveys with the home. The property also includes gutter shields, a four-zone irrigation system, three full bathrooms, and abundant storage throughout. Bright, spacious, and thoughtfully designed, this home offers an ideal balance of beauty, comfort, flexibility, and everyday functionality.

Listing History

Date

Status

Price

  • 2026-05-19

    Active

    $419,900

  • 2026-06-05

    Price Decrease

    $409,900

  • 2026-06-28

    Price Decrease

    $399,900

  • 2026-07-16

    Price Decrease

    $399,000

Nearby Listings

Statuses
Date Range
Price

138 Ottawa Drive

$399,000

2299

Lake Royale

$174

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

133 Ottawa Drive

$323,000

1616

Lake Royale

$200

3

2022

0.34

Listed on
Jul 29th 2026

Doorify IDX Logo

141 Ottawa Drive

$275,000

1604

Lake Royale

$171

3

2021

0.34

Listed on
Apr 9th 2026

Doorify IDX Logo

144 Ottawa Drive

$355,000

1677

Lake Royale

$212

3

2004

0.41

Sold on
Nov 13th 2025

Doorify IDX Logo

145 Ottawa Drive

$370,000

1989

Lake Royale

$186

3

2024

0.34

Sold on
Dec 4th 2025

Doorify IDX Logo

138 Ottawa Drive

$399,000

Doorify IDX Logo

139 Ottawa Drive

$290,000

Doorify IDX Logo

133 Ottawa Drive

$323,000

Doorify IDX Logo

141 Ottawa Drive

$275,000

Doorify IDX Logo

144 Ottawa Drive

$355,000

Doorify IDX Logo

145 Ottawa Drive

$370,000

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….

138 Ottawa Drive has a Price per Square Foot of $174.

Here’s how that compares to the surrounding area:

5% below the Cypress Township median ($192.50)

8% below the City of Louisburg median ($199)

9% below the Franklin County median ($200)

  • A modern gray house with white trim, a single-car garage, front porch, and stone accents sits under a vibrant sunset sky, surrounded by trees and a well-kept lawn.
    235 Sequoia Drive, Louisburg, NC 27549
    • Price: $305,000
    • $172 Price per Sqft
    • 1 Sqft
    • 0.34 Acres
    • Sold on 2026-02-25
    • Price: ⬇️ (Sold for $114,900 less)

    • Sq Ft: ⬇️ (526 sq ft smaller)

    • Cost/SqFt: ⬇️ ($11 lower per sq ft)

    • Condition: ⚖️ (Both custom quality)

    This property on Sequoia Drive is a custom-built ranch that offers a very high level of finish, including a gourmet kitchen with granite and a stone fireplace. While it sold for less overall, it is considerably smaller than 138 Ottawa Drive. The home for sale provides an additional bedroom and a large bonus room upstairs that this sold listing simply doesn’t have. Both properties enjoy the same gated community amenities, but 138 Ottawa Drive is better suited for a buyer looking for more ‘elbow room’ and storage.

    🟡 The price of 138 Ottawa Drive appears fairly priced when compared to the high-end finishes and smaller footprint of this recent sale.

  • Charming single-story gray house at 133 Mohawk Drive, Louisburg, with an attached garage, white trim, and a covered front porch. Surrounded by tall trees and grass with a concrete driveway leading to the garage.
    133 Mohawk Drive, Louisburg, NC 27549
    • Price: $310,000
    • $172 Price per Sqft
    • 1 Sqft
    • 0.34 Acres
    • Sold on 2026-01-14
    • Price: ⬇️ (Sold for $109,900 less)

    • Sq Ft: ⬇️ (499 sq ft smaller)

    • Cost/SqFt: ⬇️ ($11 lower per sq ft)

    • Condition: ⚖️ (Similar high-end finishes)

    The home on Mohawk Drive represents a smaller, single-story entry point into the community with very similar modern aesthetics. It features a lovely screened-in deck and high-quality interior details like the accent walls also found in 138 Ottawa Drive. However, 138 Ottawa Drive is nearly 500 square feet larger and includes a full irrigation system and a more expansive 1.5-story floor plan. The price difference between the two reflects this substantial increase in both lot utility and interior square footage.

    🟡 138 Ottawa Drive makes sense for the area when you consider the added value of the finished upstairs and the larger lot size compared to this property.

  • 145 Ottawa Drive, Louisburg, NC 27549
    • Price: $370,000
    • $186 Price per Sqft
    • 1 Sqft
    • 0.34 Acres
    • Sold on 2025-12-04
    • Price: ⬇️ (Sold for $49,900 less)

    • Sq Ft: ⬇️ (310 sq ft smaller)

    • Cost/SqFt: ⬆️ ($3 higher per sq ft)

    • Condition: ⚖️ (Both are modern new builds)

    This sold listing is a beautiful mid-century modern ranch located just down the street from the home for sale. While this property sold for a higher price per square foot, it is a true one-story home, which typically commands a premium in Lake Royale. 138 Ottawa Drive offers more total living space with its finished second level, providing a great option for those who need an extra bedroom and a bonus family room. Both homes feature high-end, contemporary finishes like LVP flooring and open-concept kitchens.

    🟡 Comparing these two shows that 138 Ottawa Drive is positioned well for buyers who prioritize total square footage and flexible living spaces over a single-story layout.

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.

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.

Modern open-concept living room with brown sofas, a wooden coffee table, and a TV mounted above a fireplace. The space extends into a kitchen with white cabinets and a dining area with large windows.

138 Ottawa Drive
Louisburg, NC 27549

138 Ottawa Drive
Louisburg, NC 27549

$399,000

$399,000

Lake Royale – Cypress Township – Franklin County

Modern open-concept living room with brown sofas, a wooden coffee table, and a TV mounted above a fireplace. The space extends into a kitchen with white cabinets and a dining area with large windows.

138 Ottawa Dr

Louisburg

3 br

2299 sqft

TWP Cypress

CTY Franklin

SUB Lake Royale

Share to...