204 Rainbow Lake Drive, Brevard, NC 28712 (MLS # 4147994)

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PRICE $2,900,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 13.18 ac

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.

YEAR BUILT 1960 COUNTY Transylvania
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
LOT 13.177 acre(s)
LOT DESCRIPTION Waterfall, Waterfront, Wooded
MLS STATUS Active
VIEW Yes
VIEW DESCRIPTION Water
WATER ACCESS Rainbow Lake
WATERFRONT Yes
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Listed with Premier Sotheby’s International Realty
Date last updated: 7/15/24 10:41 AM PDT

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