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)
Closed
$1,200,000
20 Waterford Lakes Dr, Fletcher, NC 28732
4beds
2,720sqft
Single Family Residence
Built in 2016
17.7 Acres Lot
$1,199,300 Zestimate®
$441/sqft
$4,101 Estimated rent
Home value
$1,199,300
$1.14M - $1.26M
$4,101/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Kelsey Varga vargamountaincollective@compass.com,
COMPASS
Bought with:
Adam Reed
Keller Williams Professionals
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4361440
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bathroom half
- Level: Main
Bathroom full
- Level: Upper
Family room
- Level: Upper
Kitchen
- Level: Upper
Laundry
- Level: Main
Laundry
- Level: Upper
Other
- Level: Main
Workshop
- Level: Main
Heating
- Heat Pump
Cooling
- Ceiling Fan(s), Heat Pump
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer/Dryer
- Laundry: Laundry Room, Sink, Upper Level
Features
- Breakfast Bar, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
- Flooring: Concrete, Tile, Wood
- Has basement: No
- Fireplace features: Outside, Porch, Wood Burning
Interior area
- Total structure area: 2,720
- Total interior livable area: 2,720 sqft
- Finished area above ground: 2,720
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Parking Space(s)
- Has uncovered spaces: Yes
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
- Waterfront features: Beach - Private, Creek, Pond, Creek/Stream
Lot
- Size: 17.7 Acres
- Features: Flood Plain/Bottom Land, Pasture, Pond(s), Wooded, Views
Details
- Additional structures: Barn(s), Workshop
- Parcel number: 968502686600000
- Zoning: OU
- Special conditions: Standard
- Other equipment: Generator
- Horse amenities: Barn, Equestrian Facilities, Pasture, Stable(s), Tack Room
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Barndominium,Post and Beam
- Property subtype: Single Family Residence
Materials
- Stone, Wood
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 2016
Utilities & green energy
- Sewer: Septic Installed
- Water: Public
- Utilities for property: Cable Available, Wired Internet Available
Community & HOA
Community
- Features: Gated, Pond, Walking Trails
- Subdivision: None
HOA
- Has HOA: Yes
- HOA fee: $480 annually
- HOA name: Baldwin Real Estate
Location
- Region: Fletcher
Financial & listing details
- Price per square foot: $441/sqft
- Tax assessed value: $767,600
- Annual tax amount: $5,424
- Date on market: 4/7/2026
- Cumulative days on market: 55 days
- Listing terms: Cash,Conventional
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Sold | $1,200,000-7.7%$441/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4361440 Report a problem | ||
| 4/7/2026 | Listed for sale | $1,300,000-13.3%$478/sqft |
Source: Canopy MLS as distributed by MLS GRID #4361440 Report a problem | ||
| 12/5/2025 | Listing removed | $1,500,000$551/sqft |
Source: Canopy MLS as distributed by MLS GRID #4298897 Report a problem | ||
| 10/2/2025 | Listed for sale | $1,500,000+7.6%$551/sqft |
Source: Canopy MLS as distributed by MLS GRID #4298897 Report a problem | ||
| 8/22/2022 | Sold | $1,393,800-3.8%$512/sqft |
Source: Canopy MLS as distributed by MLS GRID #3849329 Report a problem | ||
| 7/23/2022 | Contingent | $1,449,000$533/sqft |
Source: Canopy MLS as distributed by MLS GRID #3849329 Report a problem | ||
| 6/14/2022 | Price change | $1,449,000-3.3%$533/sqft |
Source: Canopy MLS as distributed by MLS GRID #3849329 Report a problem | ||
| 5/29/2022 | Price change | $1,499,000-1.7%$551/sqft |
Source: Canopy MLS as distributed by MLS GRID #3849329 Report a problem | ||
| 5/7/2022 | Price change | $1,525,000-3.1%$561/sqft |
Source: Canopy MLS as distributed by MLS GRID #3849329 Report a problem | ||
| 4/16/2022 | Listed for sale | $1,574,000+14.9%$579/sqft |
Source: Canopy MLS as distributed by MLS GRID #3849329 Report a problem | ||
| 1/25/2021 | Sold | $1,370,000-8.5%$504/sqft |
Source: Canopy MLS as distributed by MLS GRID #3660428 Report a problem | ||
| 12/23/2020 | Contingent | $1,498,000$551/sqft |
Source: Canopy MLS as distributed by MLS GRID #3660428 Report a problem | ||
| 11/3/2020 | Pending sale | $1,498,000$551/sqft |
Source: Premier Sothebys International Realty #3660428 Report a problem | ||
| 11/3/2020 | Contingent | $1,498,000$551/sqft |
Source: Canopy MLS as distributed by MLS GRID #3660428 Report a problem | ||
| 10/5/2020 | Price change | $1,498,000-6.1%$551/sqft |
Source: Premier Sothebys International Realty #3660428 Report a problem | ||
| 9/12/2020 | Listed for sale | $1,595,000+30.7%$586/sqft |
Source: Premier Sothebys International Realty #3660428 Report a problem | ||
| 3/10/2020 | Sold | $1,220,000-12.5%$449/sqft |
Source: Canopy MLS as distributed by MLS GRID #3548891 Report a problem | ||
| 1/13/2020 | Pending sale | $1,395,000$513/sqft |
Source: RE/MAX Journey #3548891 Report a problem | ||
| 1/9/2020 | Price change | $1,395,000-7%$513/sqft |
Source: RE/MAX Journey #3548891 Report a problem | ||
| 9/12/2019 | Listed for sale | $1,500,000+51.7%$551/sqft |
Source: RE/MAX Journey #47198 Report a problem | ||
| 9/10/2018 | Sold | $989,000-0.1%$364/sqft |
Source: Canopy MLS as distributed by MLS GRID #3417550 Report a problem | ||
| 8/7/2018 | Pending sale | $989,900$364/sqft |
Source: Premier Sotheby's International Realty #3417550 Report a problem | ||
| 7/27/2018 | Listed for sale | $989,900$364/sqft |
Source: Premier Sotheby's International Realty #3417550 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,424 -12.3% | $767,600 -15.9% |
| 2024 | $6,186 +5.4% | $913,000 |
| 2023 | $5,871 -2.9% | $913,000 -4.5% |
| 2022 | $6,049 +7.8% | $955,600 +7.8% |
| 2021 | $5,610 +15% | $886,300 +22.5% |
| 2020 | $4,878 | $723,700 |
| 2019 | $4,878 | $723,700 +8.2% |
| 2018 | $4,878 | $668,600 |
| 2017 | -- | -- |
| 2016 | -- | -- |
Find assessor info on the county website
Neighborhood: 28732
Nearby homes
- $626,500-- bd-- ba-- sqft11 Waterford Lakes, Fletcher, NC 28732Off Market
- $1,109,000-- bd-- ba-- sqft10 Waterford Lakes Dr, Fletcher, NC 28732Off Market
- $1,160,7002 bd1 ba1k sqft1805 Cane Creek Rd, Fletcher, NC 28732Off Market
- $149,9002 bd1 ba912 sqft1805 Cane Creek Rd, Fletcher, NC 28732Off Market
- $1,499,0003 bd4 ba3k sqft28 Falling Star Ct, Fletcher, NC 28732For Sale
- $150,0001.2 Acres27 Falling Star Ct, Fletcher, NC 28732Lot/Land
- $829,1001.08 Acres83 Water Hill Way, Fletcher, NC 28732Off Market
- $1,274,2003 bd2 ba1.7k sqft75 Water Hill Way, Fletcher, NC 28732Off Market
Nearby schools
GreatSchools rating
- 8/10Fairview ElementaryGrades: K-5Distance: 2.1 mi
- 7/10Cane Creek MiddleGrades: 6-8Distance: 0.9 mi
- 8/10A C Reynolds HighGrades: PK,9-12Distance: 4.6 mi
Schools provided by the listing agent
- Elementary: Fairview
- Middle: Cane Creek
- High: AC Reynolds
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,199,300
Get a cash offer in 3 minutes
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Estimated market value
$1,199,300
- North Carolina
- Buncombe County
- Fletcher
- 28732
- 20 Waterford Lakes Dr
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