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51 photos

$369,900

115 Running Bear Drive, Louisburg, NC 27549
Louisburg, NC 27549
Listed by Terrie Siebert · Century 21 Folks Properties
Bedrooms
2
Bathrooms
2
Living area
N/A
Year built
2015

About this home

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!

Highlights

Fireplace

Property details

MLS #
10159061
Property type
Single Family Residence
Subdivision
Lake Royale
Status
Active
Days on market
185
On market date
April 10, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
1
Parking spaces
N/A
Lot size
0.68 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Edward Best Elementary
8.37 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
473
Student:teacher ratio
13.9:1
District
Franklin County Schools
Middle
Bunn Middle
3.09 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
586
Student:teacher ratio
16.3:1
District
Franklin County Schools
High
Bunn High
2.77 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
844
Student:teacher ratio
17.6:1
District
Franklin County Schools

Walkability

Blended score for Louisburg's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

30
Car-dependent
out of 100
EPA National Walkability Index
6.0 / 20 -- Below average walkable

Market position

How this listing compares to current activity in Louisburg, from live MLS data.

On the market 185 days -- 53 more days than Louisburg's current average of 132 days.
For reference, the median list price across 279 active listings in Louisburg right now is $249,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$2,378/mo
$73,980 down
$295,920 loan
Principal & interest$1,919
Property tax (est.)$308
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated August 14, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.