447 Lily Pad Ln - Specialty FOR SALE


Flat Rock, NC 28731
$3,483,000 USD
828-243-3610
447 Lily Pad Ln, Flat Rock, NC for Sale
$3,483,000 USD
Specialty - FOR SALE
1/34
null | Request Cap Rate

NEW


447 Lily Pad Ln
Flat Rock, NC 28731


HIGHLIGHTS

  • 24582 Square Feet total between 3 buildings
  • Built in 2006
  • Set up for a retreat, conference and camp venue, possible small resort, or other similar opportunities
  • Part of acreage is within Highland Lake and allows private waterfront access
  • Within 30 mins of Asheville

OVERVIEW

Tucked along the serene shores of Highland Lake and surrounded by the cultural richness of Flat Rock, 447 Lily Pad Lane offers a rare opportunity to transform nearly 5 acres of gently sloping, wooded lakefront into a best-in-class destination. Envisioned as a boutique resort or wellness retreat, the site sits adjacent to two of the region’s most established hospitality anchors: Highland Lake Inn & Resort and Season’s Restaurant, creating a seamless integration into an already thriving leisure corridor. With over 22,000 square feet of existing improvements, including a former lodge and educational building, the property offers immediate development potential supported by strong infrastructure, flexible zoning, and scenic vistas from nearly every angle. Guests will enjoy direct access to the lake, lush open spaces, and proximity to some of Western North Carolina’s most beloved attractions, including the Flat Rock Playhouse, Carl Sandburg Home National Historic Site, and nearby vineyards, trails, and golf courses. Whether redeveloped as luxury lodging, event space, or a wellness-forward concept, the property's generous scale allows for curated outdoor programming, private suites with water views, and common areas designed around the beauty of the landscape. With demand rising in Flat Rock's experiential travel market and limited supply of high-end boutique inventory, 447 Lily Pad Lane offers developers and investors a one-of-a-kind platform to deliver a transformative hospitality product, just 30 minutes from Asheville, yet a world apart.

FOR SALE DETAILS

PRICE

$3,483,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lily Pad Lane

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.02 AC

LAND SF

218,671 SF

ZONING

RC

APN/PARCEL ID

9577460224

ASK ABOUT THIS PROPERTY

Andrew RiddleWhitney Commercial Real Estate ServicesMore Info
828-243-3610

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Andrew RiddleWhitney Commercial Real Estate ServicesMore Info
828-243-3610

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.