204 Rainbow Lake DR Pending

Brevard,NC 28712

$ 2900000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 4147994

Year Built 1960

Lot Size 13.177 Acres

Acres 13.177

Property Description

Welcome to beautiful 13 acre Rainbow Lake. Nestled in a valley 15m from dtown Brevard along the trophy trout waters of the East Fork. Consisting of 12 (11 residences, 1 maintenance bldg) structures on a private 3-acre lake. All homes have high-efficiency central heat pumps & mini-splits. Rainbow lake is fed by 3 streams, one from a large watershed & two from nearby springs, which empties over a 14-ft waterfall that flows into the East Fork (Walkable from property) of the French Broad River. The resort is a 35m drive to Avl airport, 60m from dtown Asheville. Rainbow Lake & The East Fork are regularly stocked & is designated trout trophy waters. Presently, the 1,000 sq.ft. pavilion can be utilized as a reception, presentation, or education center w parking for 80 vehicles, storage shed & food prep area. Additional land on the ridge for expansion. Great potential for Vacation rentals, ed. center, family compound, private community, retreat/seminar center, vacation resort, & more.

Location

State NC

County Transylvania

Zoning OU

Body of Water Rainbow Lake

Interior

Inclusions Building,Land

Exterior

Waterfront Description Beach - Private,Paddlesport Launch Site

View Water

Roof Type Other - See Remarks

Building

Lot Description Creek Front,Green Area,Creek/Stream,Wooded,Waterfall,Waterfront

Dwelling Type Site Built

Structure Type Other - See Remarks

New Construction false

Others

Senior Community false

Special Listing Condition None

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