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$295,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,486 Sq. Ft.
  • 0.34 Acres
  • 1 Car Garage
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Welcome to Lake Royale, a private, gated lakefront community where every day feels like a retreat! This beautiful home offers the perfect blend of comfort, lifestyle, and luxury, featuring a spacious, light-filled layout designed for both relaxation and entertaining. The open floor plan highlights a modern kitchen at the heart of the home, flowing seamlessly into the living and dining areas. The owner's suite provides a private retreat with ensuite bath. Step outside to enjoy a peaceful setting-perfect for morning coffee, grilling out, or simply soaking in the fresh lake air. Living in Lake Royale means more than just owning a home-you'll enjoy private police protection and access to top-notch amenities, including: 18-hole golf course Pickleball and tennis courts Sandy beach access Community pool Boating, fishing, and parks Whether you're looking for a full-time residence, weekend getaway, or investment property, this home is ready to welcome you. Schedule your private showing today and discover the Lake Royale lifestyle!

Full Property Details for 121 Running Bear Dr

General

  • Price: $295,000
  • HOA FEE: $99/month
  • HOA FEE FREQ.: Annually
  • Taxes: $1,471
  • Status: Active
  • Type: Single Family
  • Source: 2218
  • MLS ID: 10116946
  • Updated: 12/3/2025
  • Added to Site: 150 day(s) ago

Interior

  • Number of Rooms: 1
  • Appliances: Water Purifier Owned
  • Flooring: Wood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1

Location

  • County: Franklin
  • Subdivision: Lake Royale
  • Driving Directions: From Raleigh, take US-64/US-264 E toward Rocky Mount. Merge onto NC-39 N toward Louisburg. Turn right onto Lake Royale Entrance/NC-39 Hwy and follow into the gated community. Turn right onto Running Bear Rd. Home will be on the left

School Information

  • Elementary School: Franklin - Ed Best
  • Middle School: Franklin - Bunn
  • High School: Franklin - Bunn

Community

  • Association: Yes
  • Assoc. Fees Include: Maintenance Grounds

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: A-Frame
  • Structure Type: House
  • Exterior Const.: Wood Siding
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Roof: Metal
  • Building Size: 1486
  • Square Feet: 1,486
  • Finished Above Grnd: 1,486 Sq. Ft.
  • Year Built: 2011

Lot Features

  • Lot Size (Acres): 0.34
  • Lot Size (Sq. Ft.): 14,810.4

Financial Considerations

  • Association Fee: $1,193
  • Assoc Fee Freq.: Annually
  • Tax Amount: $1,471.16

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 2831413677
  • Lot Number: 1044

Listed by eXp Realty, LLC - C, Judy Ann Ramsey (304) 731-9613

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Listing agent

— 121 Running Bear Dr —

  • Judy Ann Ramsey

    eXp Realty, LLC - C

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 121 Running Bear Dr

School District:Franklin County Schools
NameGradesDistance
Edward Best Elementary
4011 North Carolina 56, Louisburg, NC 27549
PK-58.3 mi
Bunn Middle
4742 North Carolina 39, Bunn, NC 27508
6-83.1 mi
Bunn High
29 Bunn Elementary School Road, Bunn, NC 27508
9-122.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 121 Running Bear Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/03/2025
Price Reduced
$295,000
-1.63%
MLS
10/17/2025
Price Reduced
$299,900
-3.26%
MLS
9/18/2025
Price Reduced
$310,000
-1.59%
MLS
8/20/2025
Listed
$315,000
10.53%
MLS
8/05/2022
Sold
$285,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 121 Running Bear Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,478
2%
$240,000
—
2024
$1,454
-3%
$240,000
49%
2023
$1,498
1%
$161,340
—
2022
$1,488
-1%
$161,340
—
2021
$1,504
-1%
$161,340
—
2020
$1,520
2%
$161,340
—
2019
$1,488
—
$161,340
—
2018
$1,486
36%
$161,340
53%
2017
$1,094
-3%
$105,400
—
2016
$1,126
—
$105,400
—
2015
$1,126
10%
$105,400
2%
2014
$1,024
11%
$103,120
11%
2013
$926
—
$92,640
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 121 Running Bear Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by eXp Realty, LLC - C, Judy Ann Ramsey (304) 731-9613

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121 Running Bear Drive, Louisburg, NC 27549 (MLS# 10116946) is a Single Family property with 3 bedrooms and 2 full bathrooms. 121 Running Bear Drive is currently listed for $295,000 and was received on August 20, 2025. Want to learn more about 121 Running Bear Drive? Do you have questions about finding other Single Family real estate for sale in Louisburg? You can browse all Louisburg real estate or contact a Coldwell Banker agent to request more information.

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