150 Big Horn Cove
Louisburg, NC 27549
$235,000
Lake Royale – Cypress Township – Franklin County
150 Big Horn Cove
Louisburg, NC 27549
$235,000
24 photos
Single Family
Active
Lake Royale
Cypress Township
Franklin County
Single Family
Active
Lake Royale
Cypress Township
Franklin County
1
Bed
1.5
Bath
660.5
sqft
0.14
acres
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📍 Peninsula Lot
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🌊 Waterfront Peninsula Setting
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🪵 Wood Floors
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🍳 Gas Cooktop
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🚿 Walk-In Shower
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🪟 Screened Porch
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.
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.
Maps
Listing History
Date
Status
Price
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2026-04-10
Active
$240,000
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2026-07-09
Price Decrease
$237,500
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2026-08-20
Price Decrease
$235,000
Documents
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Documents Source: Doorify MLS IDX Feed
Documents
Documents Source: Doorify MLS IDX Feed
Nearby Listings
2 nearby listings found
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.
Compared to Similar Homes that Recently Sold….
150 Big Horn Cove has a Price per Square Foot of $356.
Here’s how that compares to the surrounding area:
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164 Pinto Drive, Louisburg, NC 27549
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Price: ⬇️ (Sold for $100k less)
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Sq Ft: ⬆️ (Sold home was 44 sq ft larger)
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Cost/SqFt: ⬇️ (Sold for $164 less per foot)
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Condition: ⬆️ (Fully renovated interior)
This property on Pinto Drive was recently renovated with a very stylish, modern look and sold for a much lower price point. However, this is an ‘apples to oranges’ comparison because 150 Big Horn Cove sits on a rare peninsula lot with direct water access, which always commands a heavy premium. The home for sale makes sense for a buyer who prioritizes the lot and view over having a move-in-ready, modern interior.
🟡 The home for sale appears fairly priced when you account for the fact that waterfront peninsula lots are the most valuable assets in Lake Royale.
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107 Piquot Drive, Louisburg, NC 27549-
Price: ⬇️ (Sold for $63k less)
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Sq Ft: ⬆️ (Sold home was 63 sq ft larger)
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Cost/SqFt: ⬇️ (Sold for $119 less per foot)
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Condition: ⬆️ (Features a modern white kitchen)
This home on Piquot Drive offers a much more modern interior with white cabinetry and updated flooring, but it lacks the direct water frontage found at 150 Big Horn Cove. While the home for sale is significantly more expensive per square foot, the price difference reflects the massive value of a peninsula lot in this community. It’s a classic trade-off between a nicer interior and a superior, high-demand location.
🟡 If you prioritize a move-in-ready interior, this sold home was a better deal, but 150 Big Horn Cove is all about the rare water access.
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150 Big Horn Cove, Louisburg, NC 27549-
Price: ⚖️ (Sold for the same amount)
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Sq Ft: ⬆️ (Sold home was 83 sq ft larger)
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Cost/SqFt: ⬇️ (Sold for $40 less per foot)
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Condition: ⚖️ (Identical original finishes)
This sold listing is actually the previous sale of this very property, which closed just recently. Because the home for sale is listed at the exact same price it recently sold for, the valuation appears fairly priced based on its own recent history. You are essentially paying for the premium peninsula lot, as the interior still features the same honey oak finishes seen in the previous sale.
🟡 Since this is the same property, the current list price is perfectly aligned with what the market was willing to pay just a few months ago.
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Take the Next Step…
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Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database.
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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.
150 Big Horn Cove
Louisburg, NC 27549
150 Big Horn Cove
Louisburg, NC 27549
$235,000
$235,000
Lake Royale – Cypress Township – Franklin County
150 Big Horn Cove
Louisburg
1 br
661 sqft
$235,000
TWP Cypress
CTY Franklin
SUB Lake Royale