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.
Listing Snapshot
Inside Area (SqFt)
1,907 sqft
HOA/Condo/Coop Fees
$104.37 monthly
Recent Activity
| a month ago | | Price changed to $530,000 |
| a month ago | | Listing updated with changes from the MLS® |
| 5 months ago | | Listing first seen on site |
General Features
Disclosures
Seller Disclosure
Parking
ConcreteDrivewayNo GarageParking Pad
Property Sub Type
Single Family Residence
Security
Gated CommunityGated with GuardSmoke Detector(s)Security System Owned
Special Circumstances
Standard
Utilities
Electricity ConnectedPropaneSewer Connected
Interior Features
Appliances
Built-In Electric RangeDishwasherElectric Water HeaterIce MakerMicrowaveRefrigerator
Basement
DaylightExterior EntryFinishedFullInterior EntryWalk-Out Access
Cooling
Central AirCeiling Fan(s)
Fireplace Features
Gas LogLiving Room
Flooring
CarpetCeramic TileLaminateTile
Heating
Fireplace(s)Forced AirPropane
Interior
Ceiling Fan(s)Kitchen IslandWalk-In Closet(s)
Laundry Features
In HallMain Level
Bedroom 2
Level - MainDescription - Roomy Additional Bedroom for Guests!
Bedroom 3
Level - MainDescription - Cozy Yet Comfortable!
Bonus Room
Level - LowerDescription - Flex Space To Use As You Choose!
Kitchen
Level - MainDescription - All Appliances Convey!
Living Room
Level - MainDescription - Glorious View of Beautiful Lake Royale!
Master Bedroom
Level - MainDescription - Relax and Enjoy the View!
Recreation Room
Level - LowerDescription - Spacious Enough for Both Work & Play!
Exterior Features
Construction Details
Vinyl Siding
Lot Features
Gentle SlopingLandscapedWaterfront
Other Structures
Boat House
Patio And Porch
DeckFront Porch
Road Frontage
Private Road
Waterfront Features
LakeLake FrontWaterfrontWaterfront Access
Waterview
LakePanoramicWater
Community Features
Association Amenities
BoatingBeach AccessBasketball CourtClubhouseFitness CenterGolf CourseGatedMaintenanceMeeting RoomPowered Boats AllowedPlaygroundPoolRecreation FacilitiesShuffleboard CourtSecuritySport CourtTennis Court(s)
Association Fee Frequency
Annually
Community Features
ClubhouseFishingGatedGolfLakeParkPlaygroundPoolRestaurantTennis Court(s)
Financing Terms Available
CashConventionalFHAUSDA LoanVA Loan
Schools
Elementary SchoolFranklin - Edward Best Elementary
Middle SchoolFranklin - Bunn Middle
High SchoolFranklin - Bunn High
Listing courtesy of Dan Gunther of Howard Hanna Allen Tate LAKE ROYALE
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last checked: 2026-09-16 02:49 PM UTC
Source: Walkscore
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