Welcome to one of Lake Royale's most unique settings. 150 Big Horn Cove sits on a rare peninsula lot with water on three sides, giving you the kind of natural privacy that's nearly impossible to find in a gated lake community at this price point. This is not a standard lake-view lot, you are genuinely surrounded by water. The cottage is intentionally cozy, one bedroom, one and a half baths, 661 square feet, but the real living happens outside. A screened porch runs the length of the home and looks directly out over the cove, making it a four-season retreat you'll actually use. Wood floors, smooth ceilings, a gas cooktop, built-in refrigerator and freezer, and a walk-in shower keep the interior clean and functional. What you're buying here is the lot and the lifestyle. Lake Royale is a fully amenitized gated community with a pool, beach access, boat slip, dock, tennis, basketball, clubhouse, playground, and a fitness course. The HOA handles the community, you handle the porch time. Whether you're looking for a weekend escape, a short-term rental opportunity, or a low-maintenance full-time home on the water, this property delivers something genuinely rare: a waterfront peninsula setting under $250K.
| MLS # | 10159067 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $1,139 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2001 |
| Days On Site | 209 |
| Listing Provided By | EXP Realty LLC | Marti Hampton |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 660 |
| Story(s) | 1 |
| Zoning | FCO R-30 |
| Acreage | 0.14 |
| Interior Features | Ceiling Fan(s), Walk-in Shower, Smooth Ceilings |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air, Electric, Heat Pump |
| Rooms Total | 7 |
| Exterior Features | Boat Slip, Dock |
|---|---|
| Roof | Metal |
| Foundation Details | Slab |
| Construction Materials | Vinyl Siding |
| Window Features | Blinds |
| Patio And Porch Features | Front Porch, Screened |
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
| Association Amenities | Beach Access, Basketball Court, Clubhouse, Coin Laundry, Exercise Course, Gated, Jogging Path, Park, Picnic Area, Playground, Pool, Recreation Facilities, Security, Sport Court, Tennis Court(s) |
|---|
| Utilities | Cable Available, Electricity Connected, Phone Available, Propane, Water Connected, Septic Connected |
|---|---|
| Sewer | Other |
| Tax Assessed Value | 190210 |
|---|---|
| Tax Legal Description | Adj/Point Lot |
| Tax Year | 2025 |
| Tax Map Number | 1415 |
| Accessibility Features | No |
|---|
| State | NC |
|---|---|
| County | Franklin |
| City | Louisburg |
| Zip Code | 27549 |
| Area | Franklin |
| Community Name | Lake Royale |
| School District | Franklin - Bunn High |
| Elementary School | Franklin County Schools |
| High School | Franklin - Bunn High |
| Listing VS Median (in Lake Royale) | |
Price: $235,000 low | high Med: $0 On site: 209 low | high Med: | |
| State | NC |
|---|---|
| County | Franklin |
| City | Louisburg |
| Zip Code | 27549 |
| Area | Franklin |
| Community Name | Lake Royale |
| School District | Franklin - Bunn High |
| Elementary School | Franklin County Schools |
| High School | Franklin - Bunn High |
| Listing VS Median (in Lake Royale) | |
Price: $235,000 low | high Med: $0 On site: 209 low | high Med: | |