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64 Water Hill Way, Fletcher, NC, 28732

4beds
6baths
4,872sqft
$1,799,900
$369price/sqft
$11,158/moest. monthly cost
$446,320/yrincome needed

About This Home

A masterclass in modern Green Built luxury and high-performance design, this custom home at 64 Water Hill Way offers an elevated living experience where architectural beauty, sustainability, and resort-style outdoor living converge. Built by award-winning Red Tree Builders and set within the gated Waterford Lakes community, the surroundings offer winding trails, peaceful ponds, and a private equestrian facility that adjoins the community, creating a setting that feels worlds away, yet perfectly connected. Constructed with insulated concrete forms, the home delivers superior energy efficiency, structural integrity, and a remarkably quiet interior. A curated suite of wellness-focused features, including whole-home water filtration, reverse osmosis drinking water, UV and HEPA air purification, whole-home ERV system, and low-VOC materials, enhances both comfort and long-term health. Inside, 10-foot ceilings and natural hardwood floors create a sense of openness and continuity, while the main living space is anchored by a chef’s kitchen featuring custom cabinetry, quartz surfaces, a marble backsplash, and a premium Viking appliance suite with a gas range and pot filler. Thoughtfully selected lighting from Christie’s, a whole-home audio system, and a natural gas fireplace elevate the experience. The main-level primary suite offers a calm and private retreat, complemented by a spa-inspired bath designed for relaxation and restoration. Two additional bedrooms provide comfort for guests, while the upper level introduces a flexible bonus suite and walk-in attic for abundant storage and future expansion. The walk-out lower level is arranged as a fully independent living quarters with a private entrance, kitchen, bedroom, full bath, and laundry, offering versatility for extended stays or multigenerational living. Outdoor living is nothing short of exceptional. A heated saltwater pool is framed by open views and manicured grounds, while a covered terrace and fully equipped outdoor kitchen featuring a Blaze 4-burner grill, cast iron sink, and in-ground gas hibachi create a setting designed for effortless entertaining and quiet moments alike. This is where the home truly comes to life, offering a private, resort-caliber experience that feels both elevated and entirely your own. This is mountain living reimagined through a lens of modern luxury and thoughtful design.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

7/10
Fairview ElementaryGrades K-52.3 mi
7/10
Cane Creek MiddleGrades 6-80.9 mi
7/10
A C Reynolds HighGrades PK,9-124.8 mi

Construction

Condition

  • Year built: 2016

Materials

  • Construction materials: Stucco,Stone

Type & Style

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

Interior

Appliances

  • Appliances included: Bar Fridge,Convection Oven,Disposal,Double Oven,Electric Cooktop,Electric Oven,Electric Range,ENERGY STAR Qualified Dishwasher,Exhaust Fan,Exhaust Hood,Filtration System,Gas Cooktop,Gas Range,Water Heater,Ice Maker,Microwave,Wine Refrigerator
  • Laundry features: In Basement,Laundry Room,Main Level,Multiple Locations,Sink

Basement

  • Has basement: Yes
  • Basement: Daylight,Exterior Entry,Finished,Interior Entry,Storage Space,Walk-Out Access,Walk-Up Access

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Basement

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1
  • Main level bedrooms: 3

Bonus Room

  • Level: Upper

Dining Room

  • Level: Main

Family Room

  • Level: Basement

Features

  • Breakfast Bar,Built-in Features,Kitchen Island,Pantry,Storage,Walk-In Closet(s),Walk-In Pantry,Wet Bar
  • Door features: French Doors,Pocket Doors,Sliding Doors
  • Window features: Insulated Windows,Window Treatments
  • Flooring: Tile,Wood
  • Fireplace features: Living Room
  • Attic: Walk-In
  • Finished area below ground: 1,625
  • Finished area above ground: 3,247

Heating & Cooling

  • Heating features: ENERGY STAR Qualified Equipment,Fresh Air Ventilation,Heat Pump,Natural Gas,Zoned
  • Cooling features: Ceiling Fan(s),ENERGY STAR Qualified Equipment,Heat Pump,Zoned

Interior Area

  • Total structure area: 3,247
  • Total interior livable area: 4,872 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Laundry

  • Level: Basement

Living Room

  • Level: Main

Office

  • Level: Main

Other

  • Level: Basement

Other

  • Level: Basement

Primary Bedroom

  • Level: Main

Recreation Room

  • Level: Basement

Property

Details

  • Parcel number: 968501773200000
  • Zoning: OU
  • Special condition: Standard
  • Other equipment: Network Ready,Surround Sound
  • Horse amenities: Barn,Boarding Facilities,Corral(s),Equestrian Facilities

Features

  • Levels: One and One Half
  • Stories: 1
  • Pool features: Heated,In Ground,Salt Water
  • Patio & porch: Covered,Deck,Front Porch
  • Exterior features: Gas Grill,Outdoor Kitchen
  • Fencing: Back Yard,Fenced
  • Has view: Yes
  • View description: Long Range,Mountain(s),Year Round

Lot

  • Lot size: 1 Acres
  • Features: Green Area,Sloped,Views

Parking

  • Total spaces: 6
  • Parking features: Driveway,Attached Garage,Garage Faces Side,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

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 $9,101$109,212
Home Insurance *$545$6,540
Property Taxes $1,059$12,708
Electricity $453$5,445
Total$11,158$133,896
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$382,560/yr
40% on housing$334,740/yr
45% on housing$297,546/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

$369This listing

vs Other Active Listings

Avg $/sqft

ZIP 28732$229
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
2026-04-17Listed for sale$1,849,000
2026-04-01Listing removed$1,849,000
2026-01-19Price change$1,849,000
2025-10-30Price change$1,895,000
2025-09-26Listed for sale$1,975,000
2025-09-09Listing removed$2,000,000
2025-07-24Price change$2,000,000
2025-04-01Listed for sale$2,150,000
2015-05-08Sold$90,000

For Sale by Agent

AgentMarie Reed
BrokerageKeller Williams Professionals

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