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28 Falling Star Ct, Fletcher, NC, 28732

3beds
4baths
3,054sqft
$1,499,000
$491price/sqft
$9,199/moest. monthly cost
$367,960/yrincome needed

About This Home

This offering includes the residence PLUS adjoining additional lot. This is a separate listing from the home-only offering and is NOT a price reduction. Welcome to luxury mountain living in the gated community of Grand Highlands at Waterford Lakes. Built in 2016, this stunning custom-built home offers 3,054 sq ft of beautifully designed one-level living with 3 bedrooms, 3 full bathrooms, and 1 half bath, blending timeless craftsmanship with modern comfort. Thoughtfully designed for everyday ease and convenience, all primary living spaces are located on the main floor. Situated on beautifully landscaped grounds and including an adjoining 1.11-acre lot, this property offers exceptional privacy and an impressive setting. THIS LISTING INCLUDES ADDITIONAL 1.11 ACRE ADJOINING LOT! From the moment you arrive, the striking stone and stucco exterior, mature landscaping, and inviting covered entry create unforgettable curb appeal. Inside, soaring 12-foot ceilings in the living room and 11-foot ceilings in the kitchen and dining areas enhance the home’s spacious and elegant feel. The living room is centered around a natural gas fireplace with custom built-ins, while the dedicated office also features beautifully crafted built-in cabinetry. Designed for both entertaining and everyday living, the chef’s kitchen, which was featured in Carolina Home + Garden magazine is equipped with premium Thermador appliances, including a natural gas range and dishwasher, along with a Sub-Zero French door refrigerator. The open-concept layout flows seamlessly into the dining and living spaces, all positioned to take advantage of the peaceful outdoor setting. The expansive back deck serves as an extension of the living space, with access from the primary suite, living room, and dining area. Enjoy relaxing seasonal views overlooking Waterford Lake while surrounded by the serenity of this private mountain community. Additional highlights include a spacious 3-car garage, on-demand hot water system, hot and cold exterior water spigot, partial unfinished basement with approximately 1,100 sq ft and 11-foot ceilings, and quality finishes throughout. The thoughtful floor plan offers generous bedroom suites, abundant storage, and the comfort of effortless one-level living. Conveniently located near Hendersonville and Asheville, this exceptional property offers the perfect combination of luxury, privacy, and mountain charm. This home is sold separately without the adjacent lot under MLS#4375570

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

7/10
Fairview ElementaryGrades K-52.1 mi
7/10
Cane Creek MiddleGrades 6-81.0 mi
7/10
A C Reynolds HighGrades PK,9-124.7 mi

Construction

Condition

  • Year built: 2016

Materials

  • Construction materials: Hardboard Siding,Stone Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Microwave,Refrigerator with Ice Maker,Tankless Water Heater,Washer/Dryer
  • Laundry features: In Hall,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Unfinished

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bedrooms: 3

Dining Area

  • Level: Main

Dining Area

  • Level: Main

Features

  • Flooring: Wood
  • Fireplace features: Gas Log
  • Finished area below ground: 0
  • Finished area above ground: 3,054

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,054
  • Total interior livable area: 3,054 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Office

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: & 968512140900000
  • Zoning: OU
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Deck
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 2.26 Acres
  • Features: Cul-De-Sac

Parking

  • Total spaces: 3
  • Parking features: Attached Garage,Garage Door Opener,Garage Faces Side,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Landslide
    LandslideRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Ice Storm
Landslide
Lightning
Strong Wind
Drought
Hail
Tornado
Winter Weather

FEMA Declared Disasters in Buncombe County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,579$90,948
Home Insurance *$454$5,448
Property Taxes $882$10,584
Electricity $284$3,413
Total$9,199$110,388
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$315,394/yr
40% on housing$275,970/yr
45% on housing$245,306/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$491This listing

vs Other Active Listings

Avg $/sqft

ZIP 28732$227
Buncombe County$291

vs Homes Sold Last Month

Median $/sqft

ZIP 28732$248
Buncombe County$278

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-01Price change$1,299,000
2026-05-01Listed for sale$1,499,000
2015-08-21Sold$124,000

For Sale by Agent

AgentJeff Candler
BrokerageKeller Williams Professionals

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