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
Active
Price cut: $200K (5/1)
$1,499,000
28 Falling Star Ct, Fletcher, NC 28732
3beds
3,054sqft
Single Family Residence
Built in 2016
2.26 Acres Lot
$1,428,700 Zestimate®
$491/sqft
$433/mo HOA
What's special
Effortless one-level livingGenerous bedroom suitesQuality finishes throughoutInviting covered entryPremium thermador appliancesMature landscapingAbundant storage
- 63 days |
- 489 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Jeff Candler jeffcandler@kw.com,
Keller Williams Professionals,
Janette Vidal,
Keller Williams Professionals
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4375003
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom half
- Level: Main
Dining area
- Level: Main
Dining area
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Office
- Level: Main
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Range, Microwave, Refrigerator with Ice Maker, Tankless Water Heater, Washer/Dryer
- Laundry: In Hall, Laundry Room
Features
- Flooring: Wood
- Basement: Exterior Entry,Unfinished
- Fireplace features: Gas Log
Interior area
- Total structure area: 3,054
- Total interior livable area: 3,054 sqft
- Finished area above ground: 3,054
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached Garage, Garage Door Opener, Garage Faces Side, Garage on Main Level
- Attached garage spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 2.26 Acres
- Features: Cul-De-Sac
Details
- Additional parcels included: 9685-12-1342-00000
- Parcel number: & 968512140900000
- Zoning: OU
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Hardboard Siding, Stone Veneer
Condition
- New construction: No
- Year built: 2016
Utilities & green energy
- Sewer: Septic Installed
- Water: City
Community & HOA
Community
- Security: Security System
- Subdivision: Grand Highlands At Waterford Lakes
HOA
- Has HOA: Yes
- HOA fee: $5,200 annually
- HOA name: Baldwin Real Estate
- HOA phone: 828-684-3400
Location
- Region: Fletcher
Financial & listing details
- Price per square foot: $491/sqft
- Tax assessed value: $1,545,900
- Annual tax amount: $5,513
- Date on market: 5/1/2026
- Cumulative days on market: 63 days
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Paved
Estimated market value
$1,428,700
$1.36M - $1.50M
$4,728/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Price change | $1,299,000-13.3%$425/sqft |
Source: | ||
| 5/1/2026 | Listed for sale | $1,499,000+1108.9%$491/sqft |
Source: | ||
| 8/21/2015 | Sold | $124,000$41/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,513 +4.3% | $780,200 |
| 2024 | $5,287 +5.4% | $780,200 |
| 2023 | $5,017 +1.6% | $780,200 |
| 2022 | $4,939 | $780,200 |
| 2021 | $4,939 +10.3% | $780,200 +17.4% |
| 2020 | $4,477 | $664,300 |
| 2019 | $4,477 | $664,300 |
| 2018 | $4,477 +865.6% | $664,300 +915.7% |
| 2017 | $464 | $65,400 |
| 2016 | $464 | $65,400 |
| 2015 | $464 | $65,400 |
| 2014 | $464 | $65,400 |
| 2013 | -- | $65,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 28732
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: 4.7 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.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Buncombe County
- Fletcher
- 28732
- 28 Falling Star Ct







