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Highland Lake Inn & Resort 86 Lily Pad Ln 65 Room Hotel Flat Rock, NC 28731 $5,300,000 ($81,538/Room)



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.
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
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 | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 623562738 | Improvements Assessment | $0 |
| Land Assessment | $40,000 | Total Assessment | $40,000 |
Property Taxes
Parcel Number
623562738
Land Assessment
$40,000
Improvements Assessment
$0
Total Assessment
$40,000
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Highland Lake Inn & Resort | 86 Lily Pad Ln
