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.