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447 Lily Pad Ln - Resort, Camp, Event Space with Lake Access 24,582 SF Specialty Building Offered at $4,714,593 CAD in Flat Rock, NC 28731
INVESTMENT HIGHLIGHTS
- 24582 Square Feet total between 3 buildings.
- Set up for a retreat, conference and camp venue, possible small resort, or other similar opportunities.
- Within 30 mins of Asheville.
- Built in 2006.
- Part of acreage is within Highland Lake and allows private waterfront access.
EXECUTIVE SUMMARY
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 24,000 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.
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.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $4,714,593 CAD | Building Class | B |
| Price Per SF | $191.79 CAD | Lot Size | 5.02 AC |
| Sale Type | Investment or Owner User | Building Size | 24,582 SF |
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | Lodge/Meeting Hall | Year Built | 2006 |
| Zoning | RC - Residential Conference District | ||
| Price | $4,714,593 CAD |
| Price Per SF | $191.79 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Building Class | B |
| Lot Size | 5.02 AC |
| Building Size | 24,582 SF |
| No. Stories | 2 |
| Year Built | 2006 |
| Zoning | RC - Residential Conference District |
AMENITIES
- Waterfront
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 9577460224 | Improvements Assessment | $3,367,598 CAD |
| Land Assessment | $233,680 CAD | Total Assessment | $3,601,278 CAD |
PROPERTY TAXES
Parcel Number
9577460224
Land Assessment
$233,680 CAD
Improvements Assessment
$3,367,598 CAD
Total Assessment
$3,601,278 CAD
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447 Lily Pad Ln - Resort, Camp, Event Space with Lake Access
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