Osceola Lake Inn
HENDERSONVILLE, NC
Offered for sale at $4,200,000
A once-in-a-generation chance to steward a historic inn into a thriving destination property.
Osceola Lake Inn — Historic Hospitality Property with Expansion Potential
Osceola Lake Inn presents a rare opportunity to acquire a landmark historic inn situated overlooking the shores of Osceola Lake in Hendersonville, North Carolina. Surrounded by the natural beauty of the Blue Ridge Mountains and located minutes from downtown Hendersonville and the Asheville tourism corridor, this distinctive property offers a compelling blend of historic character, scenic setting with lake views, and multi-stream hospitality potential.
The inn features approximately twenty guest rooms along with a variety of common areas designed for lodging, gatherings, and events. Interior spaces include flexible dining and meeting areas that can support private events, retreats, weddings, and community programming. Outdoor areas and open green space suitable for ceremonies, receptions, and seasonal programming, creating a highly marketable indoor-outdoor hospitality environment.
Osceola Lake Inn has established strong local brand recognition and community goodwill, having served as a long-standing destination and gathering place. The property’s historic architecture and setting position it well for operation as a boutique inn, bed-and-breakfast, or small hotel, while also offering significant upside through repositioning or expanded programming. Potential uses include wellness and retreat operations, destination weddings and events, creative residencies, culinary experiences, or a hybrid hospitality and community venue model.
The property offers multiple value-add opportunities for a new owner. These may include expanded event programming, enhanced food and beverage offerings, curated retreats, and seasonal festivals, as well as potential physical expansion such as additional cabins, cottages, or glamping accommodations (subject to zoning and approvals). Wellness amenities such as a sauna, cold plunge, yoga deck, or spa-style offerings could further diversify revenue and strengthen the property’s appeal to the growing experiential and wellness travel market.
Hendersonville and the surrounding Western North Carolina region continue to experience strong tourism demand driven by outdoor recreation, cultural attractions, and proximity to Asheville. The location of Osceola Lake Inn is exceptionally rare within this market, offering a competitive advantage that is difficult to replicate. The combination of historic charm, and flexible use potential makes this property attractive to owner-operators, hospitality investors, retreat operators, and mission-aligned buyers seeking both financial return and meaningful place-based impact.
Osceola Lake Inn is well-suited for a buyer seeking a distinctive hospitality asset with existing operations, strong community presence, and clear pathways for growth. With thoughtful stewardship and investment, the property has the potential to evolve into a flagship boutique destination while preserving its historic legacy and deep local connections.
Serious inquiries only. Additional information, financials, and property details available upon request.
Current owner would consider partial ownership opportunities or financing options.
Property Details- 10 Guest Rooms
- 10 Guest Room Baths
- Has Owner's Quarters
- Built in 1909
- Last Renovated in 2025
- Opened in 1909
- Building is 37,500 SQFT
- Lot is 3.75 Acres
- Photo Gallery
- Property Website
Financial Details- Offered for sale at $4,200,000
- Average Daily Rate: 150
- Terms: Major renovation completed December 2025. PROJECTED revenue $27,500/month min from rental spaces, wedding/event/conference/meeting/classroom spaces will add to this figure. Accommodation projected $23
- Prequalify for Financing
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