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.
| MLS # | 10162858 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $104 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1998 |
| Days On Site | 184 |
| Listing Provided By | Howard Hanna Allen Tate LAKE ROYALE | Dan Gunther |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,907 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.39 |
| Golf Course | Yes |
| Water Front | Lake, Lake Front, Waterfront |
| Property View | Lake, Panoramic, Water |
| Interior Features | Ceiling Fan(s), Kitchen Island, Living/Dining Room Combination, Walk-In Closet(s) |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Ceiling Fan(s), Central Air |
| Fireplace Features | Gas Log, Living Room |
| Fireplaces Total | 1 |
| Fireplace Yes / No | Yes |
| Laundry Features | In Hall, Main Level |
| Rooms Total | 7 |
| Exterior Features | Dock |
|---|---|
| Roof | Shingle, See Remarks |
| Foundation Details | See Remarks |
| Lot Features | Gentle Sloping, Lake on Lot, Landscaped, Waterfront, Boat Dock, Boat Lift, Boat Slip, Bulkhead, Deeded Waterfront, Water Access Community, Waterfront Community |
| Waterfront Features | Lake, Lake Front, Waterfront |
| Community Features | Clubhouse, Fishing, Gated, Golf, Lake, Park, Playground, Pool, Restaurant, Tennis Court(s) |
| View | Lake, Panoramic, Water |
| Construction Materials | Vinyl Siding |
| Security Features | Gated Community, Gated with Guard, Security System Owned, Smoke Detector(s) |
| Patio And Porch Features | Deck, Front Porch |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Concrete, Driveway, No Garage, Parking Pad |
| Association Amenities | Basketball Court, Beach Access, Boating, Clubhouse, Fitness Center, Gated, Golf Course, Maintenance, Meeting Room, Playground, Pool, Powered Boats Allowed, Recreation Facilities, Security, Shuffleboard Court, Sport Court, Tennis Court(s) |
|---|---|
| Community Features | Clubhouse, Fishing, Gated, Golf, Lake, Park, Playground, Pool, Restaurant, Tennis Court(s) |
| Waterfront Features | Lake, Lake Front, Waterfront |
| Utilities | Electricity Connected, Septic Connected, Propane |
|---|---|
| Sewer | Septic Tank |
| Tax Assessed Value | 449620 |
|---|---|
| Tax Legal Description | 2830-69-0428 |
| Tax Year | 2025 |
| Tax Map Number | 827 |
| State | NC |
|---|---|
| County | Franklin |
| City | Louisburg |
| Zip Code | 27549 |
| Area | Franklin |
| Community Name | Lake Royale |
| School District | Franklin - Bunn High |
| Elementary School | Franklin - Edward Best Elementar |
| High School | Franklin - Bunn High |
| Listing VS Median (in Lake Royale) | |
Price: $530,000 low | high Med: $375,000 sqft: 1,907 low | high Med: 1,764 $ / sqft: $278 low | high Med: $213 On site: 184 low | high Med: 47 | |
| State | NC |
|---|---|
| County | Franklin |
| City | Louisburg |
| Zip Code | 27549 |
| Area | Franklin |
| Community Name | Lake Royale |
| School District | Franklin - Bunn High |
| Elementary School | Franklin - Edward Best Elementar |
| High School | Franklin - Bunn High |
| Listing VS Median (in Lake Royale) | |
Price: $530,000 low | high Med: $375,000 sqft: 1,907 low | high Med: 1,764 $ / sqft: $278 low | high Med: $213 On site: 184 low | high Med: 47 | |