




115 Running Bear Dr, Louisburg, NC, 27549
About This Home
Rarely does a home capture the feeling of a true mountain-style retreat quite like this stunning log home tucked inside the gated community of Lake Royale. From the moment you step inside, the soaring vaulted ceilings, rich all-pine interior, and warm natural textures create a cozy yet impressive space that instantly feels like an escape from the everyday. The spacious loft overlooking the main living area adds flexibility for guests, a home office, reading retreat, or additional living space, while the open layout makes the home feel both inviting and functional. The kitchen is designed for everyday comfort with Corian countertops, a large pantry, and generous workspace for cooking and gathering. The oversized primary suite offers privacy and convenience with an ensuite bath and laundry thoughtfully located within the suite, and the washer and dryer convey. Outdoor living truly shines here. The expansive front porch with durable Trex decking invites you to slow down and enjoy the peaceful wooded surroundings, while the screened back deck creates the perfect setting for morning coffee, evening relaxation, or entertaining friends year-round. Additional features include abundant garage storage, finished flex space above the garage, and a 10x20 workshop shed ideal for hobbies, projects, or extra storage. Beyond the home itself, Lake Royale offers resort-style living with a private lake, two sandy beaches, boating, tennis, pickleball, clubhouse amenities, and two memberships to The River Golf Course included. Homes with this level of character, warmth, and lifestyle appeal rarely become available--schedule your private showing today.
Getting Around
Schools
Construction
Condition
- Year built: 2015
Materials
- Roof: Shingle
- Construction materials: Log
Type & Style
- Home type: SingleFamily
- Architectural style: Log Home
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Dishwasher,Electric Water Heater,Microwave,Range,Refrigerator,Washer/Dryer
- Laundry features: Main Level
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Wood
- Finished area below ground: 0
- Finished area above ground: 1,257
Heating & Cooling
- Heating features: Electric,Heat Pump
- Cooling features: Electric,Heat Pump
Interior Area
- Total structure area: 1,257
- Total interior livable area: 1,257 sqft
Property
Details
- Parcel number: 019531
- Zoning: FCO R-30
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Pool features: Community
- Fencing: Back Yard
- Has view: Yes
Lot
- Lot size: 0.68 Acres
Parking
- Total spaces: 8
- Parking features: Garage,Carport,Open
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 2
- Has uncovered spaces: Yes
- Uncovered spaces: 6
- Carport: Yes
- Carport spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Lightning
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Franklin County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,895 | $22,740 |
| Home Insurance * | $165 | $1,980 |
| Property Taxes | $137 | $1,644 |
| Electricity | $200 | $2,405 |
| Total | $2,397 | $28,764 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-13 | Price change | $384,900 |
| 2026-04-10 | Listed for sale | $389,900 |
| 2022-05-11 | Sold | $325,500 |
| 2022-03-31 | Pending sale | $309,900 |
