138 Ottawa Drive · Louisburg, NC 27549

Louisburg, NC 27549 · Lake Royale
ActiveSingle FamilyLake RoyaleCypress TownshipFranklin County
$397,000
$173 / sq ftListed May 20, 2026

3
Bedrooms

3
Bathrooms

2,299
Square feet

0.45
Acres

2023
Year built
Lake RoyaleCypress TownshipFranklin CountyMLS 10168375

138 Ottawa DriveActive
$397,000 · 3 bd · 3 ba · 2,299 sf

Highlights

  • Screened Porch
  • Granite Countertops
  • Walk-In Shower
  • Fire Pit
  • Grilling Patio
  • Two-Car Garage

About this home

$7000 BUYER'S CHOICE-YOU DECIDE! Seller offering 7,000 use as you choose with full asking price, use it toward elibile closing cost, and interest rate buy down, a fence for added privacy, or other buyer exspenses subject to lender / program guidelines.

WHAT IF YOUR FAVORITE GETAWAY WAS HOME? While others pack the car and drive to spend the day at the lake, you could simply come home to boating, beaches, swimming, pickleball, golf-cart rides and more. At 138 Ottawa Drive, lake life isn't somewhere you visit—it's where you live.

Step through the front door into a bright, open-concept living room, kitchen and dining area where the spaces flow naturally together. The kitchen keeps things timeless with white cabinetry, white tile, granite countertops and warm wood accents carried throughout the room, creating a comfortable blend of clean and inviting. Just beyond the main living area, the screened porch gives you another place to enjoy your morning coffee, a quiet afternoon or the end of a day at the lake.

The main level continues with a split-bedroom layout, including a private primary suite with walk-in closet, walk-in shower and double vanity, additional bedroom space and full bath, plus a separate laundry room and convenient access to the two-car garage.

Now head upstairs—because there's much more waiting up there. Create a second living room, playroom or game room, complete with a private full bathroom and additional sleeping space for out-of-town family. Need something different? The upstairs can also work beautifully as a multigenerational suite , a home office or gym, with its own heating and cooling and plenty of storage throughout.

And don't forget the outdoor spaces. Prepare dinner on the grilling patio, then wander around the side for an evening at the fire pit, tucked near the tree line where you and your guests can sit, talk and enjoy a little privacy. Play cornhole, toss a round of disc golf or simply pull up a chair and relax by the fire.

And when you're ready for more, Lake Royale is waiting. Beaches, boating, boat ramps, swimming, pickleball, basketball, mini golf, shuffleboard, outdoor fitness and more are all part of the community you get to call home.

Built in 2023 • Approx. 2,299 sq ft • 3 bedrooms • 3 full baths • 2-car garage • $397,000. Come walk through 138 Ottawa Drive. You may arrive to see a house—but you might leave thinking about what life could look like here.

Location

Cypress Township · Franklin County · Louisburg, NC

Property history

2 listings on Doorify MLS since 2024
  1. Price decreasedSource: IDX Doorify MLS #10168375$397,000−$2,000 · −0.5%$173/sqft
  2. Price decreasedSource: IDX Doorify MLS #10168375$399,000−$900 · −0.2%$174/sqft
  3. Price decreasedSource: IDX Doorify MLS #10168375$399,900−$10,000 · −2.4%$174/sqft
  4. Price decreasedSource: IDX Doorify MLS #10168375$409,900−$10,000 · −2.4%$178/sqft
  5. Listed for saleSource: IDX Doorify MLS #10168375$419,900+$30,900 · +7.9%$183/sqft
  6. SoldSource: IDX Doorify MLS #10063581View that listing$389,000$169/sqft
  7. Pending saleSource: IDX Doorify MLS #10063581$389,000$169/sqft
  8. Listed for saleSource: IDX Doorify MLS #10063581$389,000$169/sqft

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.

Nearby listings

Near 138 Ottawa Drive · Louisburg, NC 27549

Status

Statuses-buttons
  • All
  • Sold (8)
Living area

Living Area

Price

Price

Date range

Date Range
Listings Nearby to Listing

138 Ottawa Drive
Lake Royale · This home
$397,000
2,299
$173
3
2023
0.45
Active
May 20, 2026
139 Ottawa Drive
Lake Royale
$290,000
1,654
$175
3
2026
0.34
Sold
Feb 7, 2026
133 Ottawa Drive
Lake Royale
$323,000
1,668
$194
3
2022
0.34
Under Contract
Jul 29, 2026
141 Ottawa Drive
Lake Royale
$275,000
1,604
$171
3
2021
0.34
Active
Apr 10, 2026
144 Ottawa Drive
Lake Royale
$355,000
1,677
$212
3
2004
0.41
Sold
Feb 21, 2026
145 Ottawa Drive
Lake Royale
$370,000
1,989
$186
3
2024
0.34
Sold
Feb 23, 2026

Showing 6 of 8 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
$173
per sq ft
City of Louisburg
$193.50
median · this home is 11% below
Cypress Township
$200.50
median · this home is 14% below
Franklin County
$193
median · this home is 10% below

Sold for
$370,000
Per sq ft
$186
Size
1,989 sq ft
Lot
0.34 acres

145 Ottawa Drive

Sold Dec 4, 2025
Sold for $27k less310 sq ft smaller$13 higher per sq ftBoth 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.

Bottom line
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.

Sold for
$310,000
Per sq ft
$172
Size
1,800 sq ft
Lot
0.34 acres

133 Mohawk Drive

Sold Jan 14, 2026
Sold for $87k less499 sq ft smaller$1 lower per sq ftSimilar 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.

Bottom line
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.

Sold for
$305,000
Per sq ft
$172
Size
1,773 sq ft
Lot
0.34 acres

235 Sequoia Drive

Sold Feb 25, 2026
Sold for $92k less526 sq ft smaller$1 lower per sq ftBoth 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.

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

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.