204 Rainbow Lake Drive, Brevard, NC 28712

$2,400,000

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Sold Price
$2,400,000
List Price
$2,900,000
Status
CLOSED
MLS#
4147994
Parcel Size
13.177
Year Built
1960
Days on Market
151

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

County
Transylvania
Restrictions
N/A
Acreage Features
Creek Front, Green Area, Creek/Stream, Wooded, Waterfall, Waterfront
Exterior Finish
Other - See Remarks
Roof
Other - See Remarks

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Calculator source: Real Geeks

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

Selling Office: Premier Sotheby’s International Realty.

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