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Property profile & analytics
OFF-MARKET
Hospitality properties

86 Lily Pad Ln Flat Rock, NC 28731

60,769 SF 25 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Hospitality properties
Total area 60,769 SF
Lot 25 ac (1,089,000 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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