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Investment Highlights

  • Incredible 25 Acre Resort with lake access
  • Award-Winning Restaurant
  • Pool with Covered Pavillion & Tennis Courts
  • 65 Guest Suites across a variety of types of cottages, cabins and inn-style buildings
  • Special Events Hall, Meeting and Conference Rooms
  • Garden House / Owner's Retreat (Optional: $700,000)

Executive Summary

Rare opportunity to own an outstanding, well established, turn-key resort in the heart of historic Flat Rock, NC on 25 gorgeous acres bordering Highland Lake.
Great potential to be converted into a wellness retreat, conference center, religious assembly, educational campus, corporate event center, or other special purpose resort.
Set along the serene shores of Highland Lake, the property features a highly acclaimed, award-winning restaurant known for its strong local and tourist patronage. Anchored by a chef-designed kitchen, the restaurant is further enhanced by multiple private dining areas and a dedicated special events hall—positioning the venue as a prime location for weddings, retreats, and corporate functions.
The resort includes 65 keyed guest accommodations distributed across a mix of charming cottages, rustic cabins, and traditional inn-style lodge, offering a versatile guest experience. On-site conference and meeting facilities can accommodate groups ranging from 60 to 200 attendees, supporting year-round group bookings and events.
Amenities include a seasonal pool with a covered pavilion, tennis courts, and extensive outdoor space, all of which contribute to the resort’s draw as a multi-faceted destination.
With room for future expansion and the ability to introduce new programming, this is a generational acquisition opportunity in one of Western North Carolina’s most picturesque and historically rich locales.
Option: The property can include a three bedroom owner’s residence on 1 acre, shown in the brochure as the Garden House, for an additional $700,000.

Property Facts

Price $5,300,000
Price Per Room $81,538
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 25.00 AC
Building Size 60,759 SF
No. Rooms 65
No. Stories 2
Year Built/Renovated 1912/1960
Parking Ratio 1.78/1,000 SF
Corridor Interior
Zoning R-C - Resort

Amenities

  • Business Center
  • Pool
  • Restaurant
  • On-Site Bar
  • Outdoor Pool
  • Meeting Event Space
  • Wedding Venue
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 29 $319.00 -
Guest Room 36 $214.00 -
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
623562738
Land Assessment
$40,000
Improvements Assessment
$0
Total Assessment
$40,000
  • Listing ID: 37648253

  • Date on Market: 9/12/2025

  • Last Updated:

  • Address: 86 Lily Pad Ln, Flat Rock, NC 28731

Contact the Sale Advisor

Highland Lake Inn & Resort | 86 Lily Pad Ln

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