$2,900,000
Active Under Contract
39 Days Online
0 Beds0 Baths0 SQFT
Active Under Contract

204 Rainbow Lake Drive Brevard, NC 28712

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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.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyTransylvania
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site39 Days
  • MLS StatusActive Under Contract
  • MLS ID Number4147994
  • Home Size Source N/A
  • Year Built1960
  • Lot Size13.177 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Property Sub Type Business
  • Lot Features Creek FrontGreen AreaCreek/ StreamWoodedWaterfallWaterfront

Exterior Features

  • View Water
  • Waterfront Property Yes
  • Waterfront Features Beach - PrivatePaddlesport Launch Site
  • Lot Creek FrontGreen AreaCreek/ StreamWoodedWaterfallWaterfront
  • Roof Other - See Remarks
  • Construction Details Other - See Remarks

Community Features

  • Senior Community No

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Monthly Payment (Est.)

$14,029
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