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Active
$369,900 Est. $2,557/mo — Get pre-qualified
2beds 2baths 1,257sq ft 0.68acres

115 Running Bear Drive · Louisburg, NC 27549

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PRICE IMPROVEMENT $369,900! Welcome to a home that truly stands apart, featuring a beautiful all-pine interior, soaring vaulted ceilings, an open floor plan, and an inviting electric fireplace in the living room. The spacious loft overlooking the great room offers flexible space for a home office, guest area, media room, or quiet retreat. The kitchen provides plenty of workspace and a large pantry, while the private primary suite includes an ensuite bath and convenient in-suite laundry, with washer and dryer conveying. Enjoy peaceful mornings on the expansive Trex front porch and relaxing evenings on the screened rear deck. Finished flex space above the garage adds even more possibilities, and the 10x20 workshop shed is perfect for hobbies, projects, or extra storage. Beyond the home, enjoy everything the Lake Royale community has to offer, including a private 345-acre lake for boating, fishing, swimming, and kayaking, plus beaches, tennis, pickleball, clubhouse amenities, year-round activities, and two memberships to The River Golf Course per household. If you're looking for something with character, flexibility, and a lifestyle that's anything but cookie-cutter, this one is worth experiencing for yourself!

Features & Amenities

Living Area1,257 Sq.Ft.
Bedrooms2
Baths2
HeatingElectric, Heat Pump
CoolingCeiling Fan(s), Central Air, Electric, Heat Pump
FlooringConcrete, Hardwood, Wood
FireplaceFire Pit
AppliancesDishwasher, Dryer, Electric Range, Electric Water Heater, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Ice Maker, Microwave, Range, Refrigerator, Washer, Washer/Dryer
Interior FeaturesBeamed Ceilings, Breakfast Bar, Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, High Ceilings, Kitchen Island, Open Floorplan, Recessed Lighting, Vaulted Ceiling(s)
LaundryInside, Laundry Closet, Main Level
Exterior FeaturesBarbecue, Fire Pit, Outdoor Grill, Private Yard, Rain Gutters, Storage
StyleLog Home, Rustic
Year Built2015
ConstructionLog, Log Siding, Vertical Siding, Wood Siding
RoofShingle
FoundationConcrete Perimeter, Crawlspace
ParkingCarport, Detached, Driveway, Garage, Garage Door Opener, Parking Pad
StatusActive
Lot Size0.68 Acres
Lot FeaturesBack Yard, Gentle Sloping, Sloped
SubdivisionLake Royale
CountyFranklin
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedOct 9, 2026
UtilitiesCable Available, Electricity Connected, Septic Connected, Water Connected
SewerSeptic Tank
Water SourceCommunity Water
HOAYes — $104 / year
Community FeaturesClubhouse, Gated, Golf, Lake, Playground, Pool, Tennis Court(s)
ElementaryFranklin - Edward Best Elementary Elementary School
MiddleFranklin - Bunn Middle Middle School
HighFranklin - Bunn High High School
Presented By: Century 21 Folks Properties; 919.925.1102; folksproperties@gmail.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Oct 9, 2026 Price Reduced $374,900 → $369,900 ▾ $5,000 (1.3%)

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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