Discover the perfect blend of comfort, lifestyle, and value in this beautifully updated home located in the sought-after gated Lake Royale community. Whether you're searching for a full-time residence, weekend retreat, or investment opportunity, 121 Running Bear Dr offers the peaceful lake lifestyle buyers dream about. Inside, you'll find a bright open layout designed for both relaxing and entertaining. Recent updates include an updated primary bath, new flooring in the primary bedroom, and fresh interior paint, creating a clean move-in-ready feel. The spacious living and dining areas flow seamlessly into the heart of the home, while the private owner's suite offers the perfect place to unwind after a day on the lake. Outside, enjoy a peaceful natural setting ideal for morning coffee, grilling out, or simply relaxing in the fresh Carolina air. Lake Royale amenities include gated entry with private police/security, lake access with boating & fishing, sandy beaches, community pool & clubhouse, pickleball & tennis courts, parks, outdoor recreation, and nearby golf. Enjoy resort-style living at an incredible value! Schedule your private showing today and discover the Lake Royale lifestyle!
For sale
Price cut: $5K (7/28)
$270,000
121 Running Bear Dr, Louisburg, NC 27549
3beds
1,486sqft
Ranch, Residential
Built in 2011
0.34 Acres Lot
$268,800 Zestimate®
$182/sqft
$99/mo HOA
What's special
- 87 days |
- 1,274 |
- 84 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Judy Ann Ramsey 304-731-9613,
eXp Realty, LLC - C
Source: Doorify MLS,MLS#: 10168933
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Water Purifier Owned
Features
- Flooring: Wood
- Basement: Crawl Space
Interior area
- Total structure area: 1,486
- Total interior livable area: 1,486 sqft
- Finished area above ground: 1,486
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Has view: Yes
Lot
- Size: 0.34 Acres
Details
- Parcel number: 022399
- Zoning: FCO R-30
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame
- Property subtype: Ranch, Residential
Materials
- Wood Siding
- Foundation: Block
- Roof: Metal
Condition
- New construction: No
- Year built: 2011
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Lake Royale
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $1,193 annually
Location
- Region: Louisburg
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $240,000
- Annual tax amount: $1,478
- Date on market: 5/21/2026
Estimated market value
Zestimate®
$268,800
Estimated sales range
$255,000 - $282,000
Rent Zestimate®
$1,772/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Price change | $270,000-1.8%$182/sqft |
Source: | ||
| 7/2/2026 | Price change | $275,000-1.8%$185/sqft |
Source: | ||
| 6/17/2026 | Price change | $280,000-3.4%$188/sqft |
Source: | ||
| 5/21/2026 | Listed for sale | $290,000+1.8%$195/sqft |
Source: | ||
| 5/19/2026 | Listing removed | $285,000$192/sqft |
Source: eXp Realty #10116946 Report a problem | ||
| 2/19/2026 | Price change | $285,000-3.4%$192/sqft |
Source: | ||
| 12/3/2025 | Price change | $295,000-1.6%$199/sqft |
Source: | ||
| 10/17/2025 | Price change | $299,900-3.3%$202/sqft |
Source: | ||
| 9/18/2025 | Price change | $310,000-1.6%$209/sqft |
Source: | ||
| 8/20/2025 | Listed for sale | $315,000+10.5%$212/sqft |
Source: | ||
| 8/8/2022 | Sold | $285,000+0%$192/sqft |
Source: | ||
| 7/5/2022 | Pending sale | $284,900$192/sqft |
Source: | ||
| 7/1/2022 | Price change | $284,900-3.4%$192/sqft |
Source: | ||
| 6/22/2022 | Listed for sale | $294,900+96.7%$198/sqft |
Source: | ||
| 4/21/2017 | Sold | $149,900-9.1%$101/sqft |
Source: | ||
| 3/14/2017 | Pending sale | $164,900$111/sqft |
Source: Royale Realty #2080891 Report a problem | ||
| 2/27/2017 | Price change | $164,900-2.9%$111/sqft |
Source: Royale Realty #2080891 Report a problem | ||
| 7/25/2016 | Listed for sale | $169,900+126.5%$114/sqft |
Source: Royale Realty #2080891 Report a problem | ||
| 10/19/2012 | Sold | $75,000-6.3%$50/sqft |
Source: Public Record Report a problem | ||
| 6/26/2012 | Price change | $80,000-11.1%$54/sqft |
Source: Royale Realty #1842798 Report a problem | ||
| 3/22/2012 | Price change | $90,000-33.3%$61/sqft |
Source: Royale Realty #1812393 Report a problem | ||
| 12/7/2011 | Listed for sale | $135,000+3870.6%$91/sqft |
Source: Royale Realty #1812393 Report a problem | ||
| 2/4/2008 | Sold | $3,400$2/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,478 +1.7% | $240,000 |
| 2024 | $1,454 -2.9% | $240,000 +48.8% |
| 2023 | $1,498 +0.7% | $161,340 |
| 2022 | $1,488 -1.1% | -- |
| 2021 | $1,504 -1.1% | -- |
| 2020 | $1,520 +1.6% | -- |
| 2019 | $1,495 +33.4% | $161,340 |
| 2018 | $1,121 | $161,340 +53.1% |
| 2017 | $1,121 | $105,400 |
| 2016 | $1,121 | $105,400 |
| 2015 | $1,121 +9.4% | $105,400 +2.2% |
| 2014 | $1,024 | $103,120 +11.3% |
| 2013 | -- | $92,640 |
| 2012 | -- | $92,640 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 27549
Nearby schools
GreatSchools rating
- 6/10Edward Best ElementaryGrades: PK-5Distance: 8.4 mi
- 3/10Bunn MiddleGrades: 6-8Distance: 3.1 mi
- 4/10Bunn HighGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Franklin - Edward Best Elementary
- Middle: Franklin - Bunn Middle
- High: Franklin - Bunn High
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $289,9003 bd2 ba1.4k sqft119 Running Bear Dr, Louisburg, NC 27549Sold
Save 
- $25,0000.34 acres123 Running Bear Dr, Louisburg, NC 27549Off Market
Save - $25,0000.34 acres117 Running Bear Dr, Louisburg, NC 27549Off Market
Save - $311,9003 bd2 ba1.4k sqft125 Running Bear Dr, Louisburg, NC 27549Off Market
Save - $369,9002 bd2 ba1.2k sqft115 Running Bear Dr, Louisburg, NC 27549For Sale
Save - $322,0003 bd2 ba1.6k sqft122 Running Bear Dr, Louisburg, NC 27549Off Market
Save - $37,5000.69 acres120 Running Bear Dr, Louisburg, NC 27549Off Market
Save - $292,7003 bd3 ba1.7k sqft122 Souix Dr, Louisburg, NC 27549Off Market
Save
A local agent can set up tours, give advice and negotiate with sellers.




