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PRICE REDUCED $10,000. OWNER MOTIVATED Exceptional and Very Rare Opportunity to own a true lakefront ranch with a Walkout Basement, Private Boathouse, and Panoramic Main Water Views in the highly sought-after gated resort community of Lake Royale --just a short drive to the Triangle. Bring your boat, jet skis, and golf clubs aqnd fishing poles. This well-maintained home offers three bedrooms on the main level and a fully finished walkout basement featuring new flooring, a full bath, and a versatile flex room ideal for guests, a home office, or additional living space. The open-concept living and dining area is anchored by a cozy gas log fireplace, while the step-saver kitchen comes complete with all appliances. Step outside to an expansive upper deck perfect for entertaining, with a patio below that leads to easy access to the water. The beautifully landscaped yard guides you to your private boathouse with lift and dock--ready for endless days on the lake. A generator adds peace of mind year-round. Lake Royale offers resort-style amenities including a 3.25-mile-long lake for boating and fishing, an 18-hole professionally designed golf course, pool, private police force, pickleball, tennis, basketball, volleyball, disc golf, beaches, etc., and a full calendar of community activities for all ages.
| DAYS ON MARKET | 151 | LAST UPDATED | 8/5/2026 |
|---|---|---|---|
| TRACT | Lake Royale | YEAR BUILT | 1998 |
| COUNTY | Franklin | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Franklin - Edward Best Elementary |
|---|---|
| Jr. High School | Franklin - Bunn Middle |
| High School | Franklin - Bunn High |
| PRICE HISTORY | |
| Prior to Aug 5, '26 | $539,900 |
|---|---|
| Aug 5, '26 - Today | $530,000 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Grounds, Security |
| APPLIANCES | Built-In Electric Range, Dishwasher, Electric Water Heater, Ice Maker, Microwave, Refrigerator |
| BASEMENT | Daylight, Exterior Entry, Finished, Full, Interior Entry, Walk-Out Access, Yes |
| CONSTRUCTION | Vinyl Siding |
| EXTERIOR | Boat Slip, Dock |
| FIREPLACE | Yes |
| HEAT | Fireplace(s), Forced Air, Propane |
| HOA DUES | 1252.44 |
| INTERIOR | Ceiling Fan(s), Kitchen Island, Walk-In Closet(s) |
| LOT | 0.39 acre(s) |
| LOT DESCRIPTION | Gentle Sloping, Landscaped, WaterFront |
| LOT DIMENSIONS | 0.39 |
| PARKING | Concrete, Driveway, No Garage, Parking Pad |
| PRIMARY ON MAIN | Yes |
| SEWER | Septic Tank |
| STORIES | 2 |
| STYLE | Ranch |
| SUBDIVISION | Lake Royale |
| TAXES | 2746.34 |
| UTILITIES | Electricity Connected, Propane, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake, Panoramic, Water |
| WATER | Public |
| WATER ACCESS | Lake Royale |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake, Lake Front, Waterfront, Waterfront Access |
MORTGAGE CALCULATOR
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Listed with Howard Hanna Allen Tate LAKE ROYALE
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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
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Data last updated: 9/23/26 5:40 PM PDT.
This IDX solution is (c) Diverse Solutions 2026.
