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115 Running Bear Dr, Louisburg, NC, 27549

2beds
2baths
1,257sqft
$374,900
$298price/sqft
$2,397/moest. monthly cost
$95,880/yrincome needed

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

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

5/10
Edward Best ElementaryGrades PK-58.4 mi
3/10
Bunn MiddleGrades 6-83.1 mi
3/10
Bunn HighGrades 9-122.7 mi

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
    Winter WeatherRelatively High
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Lightning
Tornado

FEMA Declared Disasters in Franklin County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $1,895$22,740
Home Insurance *$165$1,980
Property Taxes $137$1,644
Electricity $200$2,405
Total$2,397$28,764
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$82,182/yr
40% on housing$71,910/yr
45% on housing$63,920/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

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.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$298This listing

vs Other Active Listings

Avg $/sqft

ZIP 27549$157
Franklin County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 27549$195
Franklin County$208

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

DateEventPrice
2026-05-13Price change$384,900
2026-04-10Listed for sale$389,900
2022-05-11Sold$325,500
2022-03-31Pending sale$309,900

For Sale by Agent

AgentTerrie Siebert
BrokerageCentury 21 Folks Properties

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