204 Rainbow Lake Drive, Brevard, NC 28712

$2,900,000

Listing courtesy of Premier Sotheby’s International Realty. 828-774-9380

List Price
$2,900,000
MLS#
4147994
Status
ACTIVE UNDER CONTRACT
Days on Market
93
Property Type
Commercial Sale
Year Built
1960
Lot Size
573,990
Lot Size Area
13.177
County
Transylvania
Special Conditions
None
Waterfront
Yes
Waterfront Features
Beach - Private, Paddlesport Launch Site

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.

Additional Information

Exterior Construction
Other - See Remarks
Roof
Other - See Remarks
Driveway
Gravel, Paved
Lot Description
Creek Front, Green Area, Creek/Stream, Wooded, Waterfall, Waterfront

Mortgage Calculator

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