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.
15 categories
Doorify MLS #10159067$235,000−$2,500 · −1.1%$356/sqft Doorify MLS #10159067$237,500−$2,500 · −1.0%$359/sqft Doorify MLS #10159067$240,000$363/sqft Doorify MLS #10088575View that listing$240,000$323/sqft Doorify MLS #10088575$269,000$362/sqft Doorify MLS #10088575$269,000−$10,900 · −3.9%$362/sqft Doorify MLS #10088575$279,900−$10,000 · −3.4%$376/sqft Doorify MLS #10088575$289,900−$9,100 · −3.0%$390/sqft Doorify MLS #10088575$299,000$402/sqftClosed (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.
Near 150 Big Horn Cove · Louisburg, NC 27549
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.
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.
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.
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.
This level of clarity is how we work with every buyer and seller.
When you partner with Second Story Realty, you get a team that studies the market deeply, explains the “why” behind the numbers, and guides you with transparency at every step.
You can contact us to talk strategy, ask questions, or schedule a showing, we will help you take the next step with confidence.
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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.
