Highland Lake Inn & Resort

For Sale

86 Lily Pad Lane, Flat Rock, NC 28731

This Flat Rock property for sale is located at 86 Lily Pad Lane. The current listed sale price for Highland Lake Inn & Resort is $6,000,000. Highland Lake Inn & Resort is situated on a lot that is 26 acre in size.

Contacts

Debbie Lane

Dewey Property Advisors

Property Details

  • Property Type Other
  • Property Size 60,769 SF
  • Lot Size 26 Acre
  • Date Updated Mar 5, 2026
From I-26 E: Take Exit 53 (Upward Road) and follow Upward Road to N Highland Lake Road, to Lily Pad Lane.Highland Lake in Historic Flat Rock, NC — an established leisure destination with enduring appeal. This under-marketed hospitality asset offers some immediate operational income with potential to add income streams from special events, weddings, corporate events, leveraging the variety of beautiful structures on the property. 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 54 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. Additionally, the property includes a three bedroom owner’s residence, a separate administrative office building, and a total built area of approximately 60,759 square feet. 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.
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Highlights

  • 26 Acres on Highland Lake in Historic Flat Rock, NC
  • 54 Keys across cottages, cabins, and inn-style lodging
  • 60,759 SF total building footprint, with expansion potential if desired
  • Acreage allows for further development
  • Award-Winning Restaurant with chef’s kitchen and private dining areas
  • Event Capacity: Meeting and conference rooms for up to 200 guests
  • Resort Amenities: Pool, tennis courts, pavilion, office/admin buildings
  • Significant upside via repositioning, branding, and programming diversification

Attachments

Getting around

  • 24/100

    Walk Score ®

  • 23/100

    Bike Score ®

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Location

  • City Flat Rock, NC
  • Zip Code 28731
  • Market Asheville

Points of Interest

  • Exxon

    1.62 miles

  • Shell

    1.66 miles

  • Marathon

    1.85 miles

  • Speedway

    1.98 miles

  • Freedom

    2.04 miles

  • Ingles Gas Express

    2.08 miles

  • Pulliam Creek Trail Parking Area

    5.90 miles

  • Fish Top access

    6.24 miles

  • Missing Trace 40 Trail Parking

    6.69 miles

  • Pearson's Falls Parking Area

    7.24 miles

  • Big Bradley Falls Overlook Trail Parking

    8.49 miles

  • Horse Shoe River Access

    8.63 miles

  • Big Rock access

    9.86 miles

  • The Lodge

    0.04 miles

  • The Woodward House

    0.17 miles

  • Mill House Lodge

    0.76 miles

  • CedarWood Inn

    1.00 miles

  • Bonaire Motel

    1.44 miles

  • Quality Inn & Suites Hendersonville - Flat Rock

    1.58 miles

  • Holiday Inn Express & Suites Hendersonville SE - Flat Rock

    1.66 miles

  • Rainbow Motel

    1.79 miles

  • Mountain Inn & Suites Flat Rock

    1.94 miles

  • The Lodge at Flat Rock

    1.98 miles

  • Ingles

    0.44 miles

  • Hendersonville Community Co-op and Deli

    1.78 miles

  • Publix

    2.14 miles

  • Harris Teeter

    2.17 miles

  • The Fresh Market

    2.29 miles

  • Curb Market

    2.72 miles

  • Mast General Store Hendersonville

    2.89 miles

  • Belk

    3.51 miles

  • ALDI

    3.52 miles

  • Blue Ridge Mall

    3.62 miles

Contact Listing Broker
Debbie Lane

Dewey Property Advisors

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