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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.
| DAYS ON MARKET | 167 | LAST UPDATED | 8/20/2026 |
|---|---|---|---|
| TRACT | Lake Royale | YEAR BUILT | 2001 |
| COUNTY | Franklin | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Franklin County Schools |
|---|---|
| Jr. High School | Franklin County Schools |
| High School | Franklin - Bunn High |
| PRICE HISTORY | |
| Prior to Jul 9, '26 | $240,000 |
|---|---|
| Jul 9, '26 - Aug 20, '26 | $237,500 |
| Aug 20, '26 - Today | $235,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric, Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Built-In Freezer, Built-In Refrigerator, Electric Water Heater, Exhaust Fan, Gas Cooktop, Microwave |
| CONSTRUCTION | Vinyl Siding |
| EXTERIOR | Boat Slip, Dock |
| HEAT | Central, Electric, Heat Pump |
| HOA DUES | 1139 |
| INTERIOR | Ceiling Fan(s) |
| LOT | 6098 sq ft |
| LOT DESCRIPTION | Wooded |
| LOT DIMENSIONS | 6098.4 |
| PARKING | Driveway |
| PRIMARY ON MAIN | Yes |
| SEWER | Other, Septic Tank |
| STORIES | 1 |
| STYLE | Cottage, Ranch |
| SUBDIVISION | Lake Royale |
| TAXES | 1194.2 |
| UTILITIES | Cable Available, Electricity Connected, Phone Available, Water Connected, Propane |
| VIEW | Yes |
| WATER | See Remarks |
| WATERFRONT DESCRIPTION | Lakefront |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listed with EXP Realty LLC
Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database.
Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property
Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.
Data last updated: 9/23/26 5:43 PM PDT.
This IDX solution is (c) Diverse Solutions 2026.
