Highland Lake Inn & Resort

86 Lily Pad Lane, Flat Rock, NC 28731

Property Information

  • For Sale $6,000,000
  • Property Type Other
  • Property Size 60,769 SF
  • Lot Size 26 Acre
  • Date Updated Mar 5, 2026

Description

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.

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

Contacts

Debbie Lane

Dewey Property Advisors

Location

Contact Listing Broker
Debbie Lane

Dewey Property Advisors

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