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For Sale

Highland Lake Inn & Resort

86 Lily Pad Lane, Flat Rock, NC 28731

From I-26 E: Take Exit 53 (Upward Road) and follow Upward Road to N Highland Lake Road, to Lily Pad Lane.Rare opportunity to own an outstanding, well established, turn-key resort in the heart of historic Flat Rock, NC on 26 gorgeous acres bordering Highland Lake. Great potential to be converted into a wellness retreat, conference center, religious assembly, educational campus, corporate event center, or other special purpose resort. 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 65 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.

Key features

  • 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
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Debbie Lane

Dewey Property Advisors

Building Details

  • For Sale $6,000,000
  • Property Type Other
  • Property Size 60,769 SF
  • Lot Size 26 Acre
  • Date Updated May 28, 2026

Attachments

  • Property Brochure 1 ()opens in new window
  • Property Brochure 2 ()opens in new window

Getting Around

  • Walk Score ®

    Car-Dependent (24)
  • Bike Score ®

    Somewhat Bikeable (23)
Powered by Walk Score ®

Location

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

Points of Interest

Shell

1.66 miles

Marathon

1.85 miles

Speedway

1.98 miles

Freedom

2.04 miles

Ingles Gas Express

2.08 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

Hubba Hubba Smokehouse

0.98 miles

Campfire Grill

1.02 miles

Flat Rock Wood Room

1.11 miles

Subway

1.45 miles

Boon Choo Thai Express

1.45 miles

Cracker Barrel

1.63 miles

Bojangles'

1.64 miles

Orr's Family Restaurant

1.71 miles

Dunkin'

1.84 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

Blue Ridge Fire & Rescue

0.80 miles

Walgreens

2.16 miles

Henderson County Sheriff's Office

2.59 miles

Hendersonville Fire Department

3.15 miles

Pardee Hospital

3.23 miles

Highland Medical

3.68 miles

Pardee Urgent Care

3.96 miles

Green River Volunteer Fire

4.05 miles

Saluda Fire & Rescue

5.79 miles

86 Lily Pad Lane Listing Summary

  • What is the asking price at Highland Lake Inn & Resort?

    Highland Lake Inn & Resort is currently listed for sale at Contact for pricing.

  • What is the total size of Highland Lake Inn & Resort?

    Highland Lake Inn & Resort has a total of 60,769 square feet.

Contact Listing Broker
broker
Debbie Lane

Dewey Property Advisors

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