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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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86 Lily Pad Ln , Flat Rock, NC 28731
$5,300,000
Est. Payment: $29,786.18/mo
60769 Sqft
24.62 Acres
Status: active | Days on site: 30
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Terri Bias
Operator/Brokerage Owner

House Description

Rare opportunity to own an outstanding, well established, turn-key resort in the heart of historic Flat Rock, NC on 25 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. 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. Option: The property can include a three bedroom owner’s residence on 1 acre, shown in the brochure as the Garden House, for an additional $700,000.

Highlights

Listed by Debbie Lane , 828-230-5263 Likewise Commercial Real Estate , 828-222-3685. Canopy MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
24.62

Year Built

1912

County

Henderson

Listing ID

4420863

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Interior Features

Air Cond:Central Air,Total
Fireplaces:
Floor:Carpet,Tile,Vinyl,Wood
Water:Public

Exterior Features

Lot:Waterfront,Boat Slip (Deed),Dock,Paddlesport Launch Site
Roof:Architectural Shingle
Sewer:Public Sewer
Principal Interest
$29,786
Taxes
$3,379

Home Price

$5,300,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$1,060,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$29,786.18

Principal

Taxes

Principal Taxes HOA Total
Monthly $29,786.18 $3,378.75 $0.00 $33,164.93
Yearly $357,434.16 $40,545.00 $0.00 $397,979.16
Total $10,723,024.92 $1,216,350.00 $0.00 $11,939,374.92

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Flat Rock, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terri Bias and Associates | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-10-14T15:52:06.000Z

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