20 Waterford Lakes Dr, Fletcher, NC, 28732
About This Home
Discover your own slice of paradise in sought-after Cane Creek Valley. This nearly 18-acre Barnhouse property offers a rare chance to create your own equestrian paradise, homestead, unforgettable retreat or VRBO. Live on site with your horses, create a hobby farm, or reimagine the barn spaces for recreation, events, or guest-focused experiences. The barn features a 12' breezeway, four 12'x12' stalls, wash bay, two tack rooms, half bath with laundry hookup, workshop, and equipment garage. The interior quarters feature an open floor plan, gourmet kitchen, and inviting spaces designed for hosting and relaxing. Outdoor living is equally special with a wood burning fireplace and pizza oven, perfect after a day of riding, hiking, or an afternoon spent floating in Cane Creek. Tucked into one of the area’s most picturesque settings, this unique property offers privacy, beauty, and endless lifestyle potential just 20 minutes from downtown Asheville. Highly sought after 1.2 AC adjoining lot in Grand Highlands at Waterford Lakes is being offered FIRST to the 20 Waterford Lakes buyer. 27 Falling Star has deeded direct access from the Barnhouse parcel if purchased together. Build your dream home perched above this lot and use the Barn House for your guests and horses down below! (MLS #4361446)
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2016
Materials
- Foundation: Slab
- Roof: Metal
- Construction materials: Stone,Wood
Type & Style
- Home type: SingleFamily
- Architectural style: Barndominium,Post and Beam
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Gas Oven,Gas Range,Gas Water Heater,Refrigerator,Washer/Dryer
- Laundry features: Laundry Room,Sink,Upper Level
Bathroom Full
- Level: Upper
Bathroom Half
- Level: Main
Bedroom S
- Level: Upper
Bedroom S
- Level: Upper
Bedroom S
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Family Room
- Level: Upper
Features
- Breakfast Bar,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s)
- Flooring: Concrete,Tile,Wood
- Fireplace features: Outside,Porch,Wood Burning
- Finished area below ground: 0
- Finished area above ground: 2,720
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Ceiling Fan(s),Heat Pump
Interior Area
- Total structure area: 2,720
- Total interior livable area: 2,720 sqft
Kitchen
- Level: Upper
Laundry
- Level: Main
Laundry
- Level: Upper
Other
- Level: Main
Primary Bedroom
- Level: Upper
Workshop
- Level: Main
Property
Details
- Parcel number: 968502686600000
- Zoning: OU
- Special condition: Standard
- Other equipment: Generator
- Horse amenities: Barn,Equestrian Facilities,Pasture,Stable(s),Tack Room
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Front Porch
- Exterior features: Outdoor Kitchen
- Fencing: Fenced
- Has view: Yes
- View description: Long Range,Mountain(s),Water,Year Round
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Beach - Private,Creek,Pond,Creek/Stream
Lot
- Lot size: 17.70 Acres
- Features: Flood Plain/Bottom Land,Pasture,Pond(s),Wooded,Views
Parking
- Parking features: Driveway,Parking Space(s)
- Has uncovered spaces: Yes
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
- Inland Flooding
- Ice Storm
- Landslide
- Lightning
- Strong Wind
- Drought
- Hail
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Buncombe County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,573 | $78,876 |
| Home Insurance * | $394 | $4,728 |
| Property Taxes | $761 | $9,132 |
| Electricity | $253 | $3,040 |
| Total | $7,981 | $95,772 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-07 | Listed for sale | $1,300,000 |
| 2025-12-05 | Listing removed | $1,500,000 |
| 2025-10-02 | Listed for sale | $1,500,000 |
| 2022-08-22 | Sold | $1,393,800 |
| 2022-07-23 | Contingent | $1,449,000 |
| 2022-06-14 | Price change | $1,449,000 |
| 2022-05-29 | Price change | $1,499,000 |
| 2022-05-07 | Price change | $1,525,000 |
| 2022-04-16 | Listed for sale | $1,574,000 |
| 2021-01-25 | Sold | $1,370,000 |
| 2020-12-23 | Contingent | $1,498,000 |
| 2020-11-03 | Pending sale | $1,498,000 |
| 2020-11-03 | Contingent | $1,498,000 |
| 2020-10-05 | Price change | $1,498,000 |
| 2020-09-12 | Listed for sale | $1,595,000 |
| 2020-03-10 | Sold | $1,250,000 |
| 2020-01-13 | Pending sale | $1,395,000 |
| 2020-01-09 | Price change | $1,395,000 |
| 2019-09-12 | Listed for sale | $1,500,000 |
| 2018-09-10 | Sold | $989,000 |
| 2018-08-07 | Pending sale | $989,900 |
| 2018-07-27 | Listed for sale | $989,900 |
View on Zillow