447 Lily Pad Ln

447 Lily Pad Ln, Flat Rock, NC 28731

Property Information

  • For Sale $3,150,000
  • Property Type Other
  • Property Size 24,582 SF
  • Units 1
  • Lot Size 5.13 Acre
  • Year Built 2006
  • Date Updated Jul 27, 2026

Description

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 over 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 24,582 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.Introducing 447 Lily Pad Ln, a prime investment opportunity for hospitality and full-service development. This expansive 24,582 SF building, constructed in 2006, is ideally suited for a variety of commercial uses. Zoned RC, it offers flexibility and potential for a range of business ventures. Strategically located in the Flat Rock area, this property boasts a modern infrastructure that can cater to the needs of a thriving commercial enterprise. With its impressive size and strategic positioning, this property presents an exceptional chance for investors to create a distinctive venue that meets the demands of today's discerning clientele.Introducing the prime leasing opportunity at 447 Lily Pad Ln, an expansive property offering versatile space for a range of commercial endeavors. This strategically located building presents an ideal setting for businesses seeking a larger lake-side property, there are plenty of opportunities for hospitality, retreats, event space, etc. Formerly a school, this gorgeous property features 3 buildings (sleeping quarters, educational facility, and private residence) and a portion of the lake for a multitude of recreation opportunities. With its advantageous zoning and strategic positioning right next to Highland Lake Inn, this property offers an exceptional canvas for businesses to establish a prominent presence and cater to the needs of their clientele.

Highlights

  • 24,582 SF between 3 buildings
  • Built in 2006
  • Located on Highland Lake in Flat Rock
  • Zoned RC

Contacts

Location

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.