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  1. Commercial Spaces
  2. NC
  3. Flat Rock

447 Lily Pad Ln

For Lease 24,582 SF

447 Lily Pad Ln, Flat Rock, NC 28731

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.

Key features

  • Dedicated parking for guests
  • Luxurious amenities and facilities
  • Modern, spacious accommodations
  • On-site dining and event spaces
  • Picturesque views from every building
  • Private beach access
  • Scenic lakefront location
  • Versatile multi-building layout

Rental Details

  • Number of spaces 1
  • Total square feet available 24,582 SF
  • For Lease $250,000.00/YR
  • Space Type Other
  • Lease Type NNN
  • Latest Update Sep 23, 2026
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1 Space Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
447 Lily Pad Other $250,000.00/YR 24,582 SF - NNN

447 Lily Pad

Space Type

Other

Lease Rate

$250,000.00/YR

Additional Rent

Price on request

Total Space Available

24,582 SF

Divisible Space

24,582 - 24,582 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

447 Lily Pad

Space Type
Other
Lease Rate
$250,000.00/YR
Total Space
24,582 SF
Lease Type
NNN
Space Type

Other

Lease Rate

$250,000.00/YR

Additional Rent

Price on request

Total Space Available

24,582 SF

Divisible Space

24,582 - 24,582 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

broker
Andrew Riddle

Whitney Commercial Real Estate Services

Building Details

  • For Lease $250,000.00/YR
  • Property Type Other
  • Property Size 24,582 SF
  • Units 1
  • Lot Size 5.13 Acre
  • Additional Rent Price on request
  • Year Built 2006
  • Date Updated Sep 23, 2026

Location

  • City Flat Rock, NC
  • Zip Code 28731
  • Market Asheville
  • Map
  • Street
  • Walk score 16/100 Car-Dependent
  • Bike score 27/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Shell

1.73 miles

Speedway

1.74 miles

Freedom

1.78 miles

Ingles Gas Express

1.84 miles

Exxon

1.85 miles

Marathon

2.09 miles

Pulliam Creek Trail Parking Area

6.20 miles

Fish Top access

6.57 miles

Missing Trace 40 Trail Parking

6.97 miles

Pearson's Falls Parking Area

7.53 miles

Horse Shoe River Access

8.31 miles

Big Bradley Falls Overlook Trail Parking

8.81 miles

Guion Farm Access Area

9.84 miles

J&L Truck wash

8.51 miles

Season's at Highland Lake

0.32 miles

Flat Rock Wood Room

0.82 miles

Hubba Hubba Smokehouse

0.95 miles

Campfire Grill

1.01 miles

Sakura Japanese Cuisine

1.64 miles

Subway

1.65 miles

Boon Choo Thai Express

1.66 miles

Little Caesars

1.75 miles

Chick-fil-A

1.84 miles

Bojangles'

1.86 miles

Ingles

0.57 miles

Hendersonville Community Co-op and Deli

1.57 miles

Publix

1.88 miles

Harris Teeter

1.93 miles

The Fresh Market

2.03 miles

Curb Market

2.48 miles

Mast General Store Hendersonville

2.66 miles

ALDI

3.38 miles

Belk

3.39 miles

Blue Ridge Mall

3.50 miles

CVS Pharmacy

0.67 miles

Blue Ridge Fire & Rescue

1.04 miles

Walgreens

1.90 miles

Henderson County Sheriff's Office

2.37 miles

Hendersonville Fire Department

2.93 miles

Pardee Hospital

2.98 miles

Highland Medical

3.54 miles

Pardee Urgent Care

3.84 miles

Green River Volunteer Fire

4.14 miles

Saluda Fire & Rescue

6.09 miles

Listing Summary

  • Asking Price

    The minimum asking price for spaces at 447 Lily Pad Ln is $250,000.00/YR.

  • Available Spaces

    The property currently has 1 space listed for lease, totaling 24,582 square feet of available space.

    This includes 1 Mixed Use space.

  • Property Characteristics

    447 Lily Pad Ln is a Mixed Use property incorporating 24,582 square feet in total, being completed in 2006.

Contact Andrew Riddle
broker
Andrew Riddle

Whitney Commercial Real Estate Services

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