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For sale
  • Price cut: $20K (7/30)
    $525,000

    127 Ottawa Dr, Louisburg, NC 27549

    3beds
    3,112sqft
    : 
    $3,177/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 2023
    0.34 Acres Lot
    $516,800 Zestimate®
    $169/sqft
    $104/mo HOA

    What's special

    High ceilingsWelcoming covered front porchDeep drawersCeiling fansWindow treatmentsCenter islandDedicated laundry area
    $10,000 buyer closing cost credit offered! Or use it to buy down your interest rate! Welcome to Lake Royale! Discover your personal oasis located just 15 miles from the Wake County line near Wake Forest. Built with hospitality and comfort in mind, this 3-year-old home boasts over 3,100 square feet of living space, offering plenty of room for guests to spread out, along with a convenient horseshoe driveway for easy parking. Step onto the welcoming covered front porch and into an open first floor filled with natural light, high ceilings, and a convenient half bath. The heart of the home is the stylish, open-concept kitchen, dining, and living area, featuring an abundance of white shaker-style cabinets, deep drawers, quartz countertops, stainless steel appliances, a pantry, and a center island. Just off the kitchen, a screened-in back porch offers the perfect spot for unwinding after a day on the lake or starting your morning in peace, overlooking a backyard with plenty of space for pets and play. The first-floor primary suite features a separate sitting room--perfect for main-level living--and a luxurious bathroom with dual vanities and a glass-frame shower. Thoughtful, turn-key details you'll appreciate from day one are already taken care of, including ceiling fans, landscaping, and window treatments. The second floor offers two bedrooms (one oversized), a full bathroom, a dedicated laundry area, and a massive (19x21) bonus room currently serving as a theater room, complete with a hidden service bar area with a sink and a separate home office with built-in shelves and a desk. Up one more level, the third floor features a massive recreation room with a game area and lounge space. Located just a 5-minute bike ride away from Ottawa Drive is the Pavilion recreation area, featuring a sandy swimming beach, a mini-golf course, and a handy boat ramp. The centerpiece of this gated community is the 345-acre, 3.5-mile-long private lake, offering serene beauty and ample recreational opportunities. Lake Royale hosts year-round social events for members and guests, centered around the clubhouse with its own swimming beach, dock, and picnic spots, while additional community amenities include an outdoor swimming pool complex, basketball and tennis courts, a fitness park, and owner privileges at the adjacent 18-hole course at The River Golf Club. This beautiful, unique community is a hidden jem of the Triangle area.
    89 days
    |
    140
    |
    6
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    Zillow last checked:

    Listing updated:

    Listed by:

    Damon Vaughn 919-414-8933,

    Keller Williams Realty

    Source: Doorify MLS,MLS#: 10169329MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Dishwasher, Dryer, Electric Range, Electric Water Heater, Exhaust Fan, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater
      • Laundry: In Hall, Upper Level
      Features
      • Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Ceilings, Kitchen Island, Kitchen/Dining Room Combination, Open Floorplan, Quartz Counters, Recessed Lighting, Smooth Ceilings, Storage, Walk-In Shower
      • Flooring: Carpet, Simulated Wood
      • Windows: Double Pane Windows
      • Has fireplace: Yes
      • Fireplace features: Electric, Living Room
      Interior area
      • Total structure area: 3,112
      • Total interior livable area: 3,112 sqft
      • Finished area above ground: 3,112
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Circular Driveway, Concrete, Driveway, No Garage
      Features
      • Levels: Tri-Level
      • Stories: 2
      • Patio & porch: Screened
      • Exterior features: Private Yard
      • Pool features: Community
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 0.34 Acres
      • Features: Back Yard, Close to Clubhouse, Front Yard, Interior Lot, Landscaped, Near Golf Course, Rectangular Lot
      Details
      • Parcel number: 022705
      • Zoning: FCO R-30
      • Special conditions: Probate Listing,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Transitional
      • Property subtype: Single Family Residence, Residential
      Materials
      • Vertical Siding, Vinyl Siding
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2023

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Not Available, Septic Connected, Water Connected, Underground Utilities

      Community & HOA

      Community
      • Features: Clubhouse, Gated, Golf, Lake, Playground, Pool
      • Subdivision: Lake Royale
      HOA
      • Has HOA: Yes
      • Amenities included: Basketball Court, Beach Access, Boating, Clubhouse, Exercise Course, Golf Course, Marina, Party Room, Picnic Area, Playground, Pool, Powered Boats Allowed, Recreation Facilities, RV/Boat Storage, Security, Shuffleboard Court, Sport Court, Tennis Court(s)
      • Services included: Road Maintenance
      • HOA fee: $1,253 annually
      Location
      • Region: Louisburg

      Financial & listing details

      • Price per square foot: $169/sqft
      • Tax assessed value: $388,960
      • Annual tax amount: $2,327
      • Date on market: 5/22/2026
      • Road surface type: Asphalt

        Estimated market value

        $516,800

        $491,000 - $543,000

        $2,672/mo

        Price history

        DateEventPrice
        7/30/2026Price change$525,000-3.7%$169/sqft
        Source: Doorify MLS #10169329 Report a problem
        5/22/2026Listed for sale$545,000$175/sqft
        Source: Doorify MLS #10169329 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,327 +1.7%$388,960
        2024$2,288 +144.3%$388,960 +257.1%
        2023$937 +2061.1%$108,910
        2022$43 -1.2%--
        2021$44 -1.1%--
        2020$44 +1%--
        2019$44 +1.8%$5,040
        2018$43 $5,040 +12%
        2017$43 $4,500
        2016$43 $4,500
        2015$43 $4,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 27549

        Getting around

        0 / 100
        Car-Dependent
        14 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Franklin County Schools
        • Middle: Franklin County Schools
        • 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.

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