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1116 Perch Fly Ct, Biltmore Lake, NC, 28715

5beds
5baths
5,071sqft
$2,675,000
$528price/sqft
$16,316/moest. monthly cost
$652,640/yrincome needed

About This Home

Welcome to an extraordinary waterfront residence in Biltmore Lake, where timeless craftsmanship, generous living spaces and an exceptional connection to nature create a home of rare distinction. A grand entry foyer sets the tone, introducing interiors designed for both refined entertaining and comfortable everyday living. The well-appointed kitchen anchors the heart of the home, flowing seamlessly into expansive gathering spaces filled with vaulted ceilings, natural light and framed by serene lake views. Five fireplaces, including those on the screened porch, outdoor deck, and lakeside lawn, create inviting spaces to gather in every season. The spacious screened porch, complete with a wood-burning fireplace, serves as a true outdoor living room, offering a peaceful retreat overlooking the water. Just beyond, the home's gently sloping lawn leads to the shoreline and provides easy access to Biltmore Lake's scenic 2.2-mile trail. Thoughtfully designed for year-round comfort, the main and upper levels each feature independently zoned heating and air conditioning with separate thermostats, while the lower level is heated for comfortable use throughout the cooler months. The daylight lower level offers remarkable flexibility, including a spacious great room with a fireplace; a room with rough-in plumbing ready for a future wet bar, kitchenette or additional bath and an expansive storage area with garage-door access, ideal for kayaks, canoes, bicycles, paddleboards and other outdoor equipment. A separate lockable storage room with a concrete floor provides secure space for lawn equipment or seasonal supplies. Future expansion opportunities abound. A substantial walk-in attic offers the potential for a media room, fitness studio, home office, playroom or additional bedroom, while an additional walk-in attic off one of the upstairs bedrooms presents the opportunity to create even more closet or storage space. With exceptional indoor and outdoor living lakeside, thoughtful functionality, abundant storage and an idyllic waterfront setting, this remarkable Biltmore Lake residence offers a lifestyle defined by beauty, comfort and effortless connection to the outdoors.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

5/10
Hominy Valley ElementaryGrades K-40.5 mi
6/10
Enka MiddleGrades 7-81.5 mi
5/10
Enka HighGrades 9-120.6 mi

Construction

Condition

  • Year built: 2004

Materials

  • Construction materials: Fiber Cement,Stone

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Double Oven,Exhaust Hood,Gas Cooktop,Gas Water Heater,Oven,Refrigerator
  • Laundry features: Laundry Room,Main Level

Basement

  • Has basement: Yes
  • Basement: Daylight,Partially Finished

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Basement

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Basement

Bedroom S

  • Level: Basement

Bedrooms & Bathrooms

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

Breakfast

  • Level: Main

Dining Area

  • Level: Main

Features

  • Breakfast Bar,Built-in Features,Open Floorplan,Pantry,Storage,Walk-In Closet(s),Walk-In Pantry
  • Flooring: Carpet,Tile,Wood
  • Fireplace features: Gas,Living Room,Outside,Wood Burning
  • Finished area below ground: 1,535
  • Finished area above ground: 3,536

Heating & Cooling

  • Heating features: Heat Pump,Zoned
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,536
  • Total interior livable area: 5,071 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Recreation Room

  • Level: Basement

Property

Details

  • Parcel number: 961628621000000
  • Zoning: R-2
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Front Porch,Patio,Screened
  • Exterior features: Fire Pit
  • Has view: Yes
  • View description: Water,Winter
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Beach - Private,Waterfront
  • Waterbody name: Enka Lake

Lot

  • Lot size: 0.54 Acres
  • Features: Cul-De-Sac,Views

Parking

  • Total spaces: 3
  • Parking features: Attached Garage,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
  • Lightning
    LightningRelatively High
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Ice Storm
Lightning
Landslide
Strong Wind
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 $13,526$162,312
Home Insurance *$802$9,624
Property Taxes $1,516$18,192
Electricity $472$5,667
Total$16,316$195,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$559,405/yr
40% on housing$489,480/yr
45% on housing$435,093/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

$528This listing

vs Other Active Listings

Avg $/sqft

ZIP 28715$257
Buncombe County$291

vs Homes Sold Last Month

Median $/sqft

ZIP 28715$250
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
2026-06-30Listed for sale$2,675,000
2002-10-16Sold$175,000

For Sale by Agent

AgentMarilyn Wright
BrokeragePremier Sotheby’s International Realty

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