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$5,300,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 86 Lily Pad Ln
General
- Price: $5,300,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4420863
- Updated: 9/3/2026
- Added to Site: 2 day(s) ago
Interior
- Flooring: Carpet, Tile, Vinyl, Wood
Location
- County: Henderson
- Driving Directions: From I-26 E: Take Exit 53 (Upward Road) and follow Upward Road to N Highland Lake Road, to Lily Pad Lane.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air, Total
- Heating Type: Central, Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas, Phone Connected
Structural Information
- Construction: Site Built
- Exterior Const.: Frame, Wood
- Roof: Architectural Shingle
- Square Feet: 60,769
- Minimum Avail: 60,769 Sq. Ft.
- Year Built: 1912
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 1500
- Lot Features: Waterfront
Water Features
- Water Front Name: Highland Lake
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Other - See Remarks
- Inclusions: Building, Equipment, Fixtures, Inventory, Licenses
- Property ID: 9577-55-6566
- Lot Number: 4062/24
Listed by Likewise Commercial Real Estate
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Schools
Schools serving 86 Lily Pad Ln
School District:Henderson County Schools
| Name | Grades | Distance |
|---|---|---|
Hillandale Elementary, East Flat Rock, NC 40 Preston Lane, East Flat Rock, NC 28726 | K-5 | 0.9 mi |
Hendersonville Elementary 1039 Randall Circle, Hendersonville, NC 28791 | K-5 | 3.6 mi |
Flat Rock Middle, East Flat Rock, NC 191 Preston Lane, East Flat Rock, NC 28726 | 6-8 | 0.9 mi |
East Henderson High 150 Eagle Pride Drive, East Flat Rock, NC 28726 | 9-12 | 1.1 mi |
Henderson Co Early College High 300 East Campus Drive, Flat Rock, NC 28731 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 86 Lily Pad Ln
Date
Details
Price
Change
Source
9/02/2026
Listed
$5,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 86 Lily Pad Ln
86 Lily Pad Lane, Flat Rock, NC 28731 (MLS# 4420863) is a Commercial property. 86 Lily Pad Lane is currently listed for $5,300,000 and was received on September 02, 2026. Want to learn more about 86 Lily Pad Lane? Do you have questions about finding other Commercial real estate for sale in Flat Rock? You can browse all Flat Rock real estate or contact a Coldwell Banker agent to request more information.

