86 Lily Pad Ln Flat Rock, NC 28731
This exceptional hospitality investment opportunity presents the Highland Lake Inn and Resort, a stunning 68-key property nestled on 26 acres in the heart of historic Flat Rock, North Carolina. Built in phases, beginning in 1912 and continuing in 1960, the resort boasts a total of 60,769 square feet and features a diverse range of accommodations including cottages, a lodge, the Woodward House, and additional residential units. The property includes ample meeting and reception spaces, along with the acclaimed Seasons restaurant. The asking price is $6,800,000, translating to $111.90 per square foot. The property is zoned R-C and features a variety of amenities and services (detailed specifications available upon request). An owner's residence is included in the sale. The property's location at 86 Lily Pad Ln, Flat Rock, NC 28731, offers unparalleled access to the area's rich history and natural beauty. The property's APN is available upon request. This rare opportunity presents a unique chance to acquire a well-established and profitable resort in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.