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  • $4,695,000

    87 Misty Valley Pkwy, Arden, NC 28704

    4beds
    6,301sqft
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    Single Family Residence
    Built in 2026
    2.44 Acres Lot
    $4,553,300 Zestimate®
    $745/sqft
    $293/mo HOA

    What's special

    Sophisticated home officeDesigner lightingGourmet kitchenModern cable-rail staircasesMassive glass-enclosed rain showerOversized three-car garageMassive island
    Nestled within the prestigious gates of The Cliffs at Walnut Cove, this masterfully designed mountain transitional estate offers a rare combination of high-altitude privacy and sophisticated luxury. Occupying a prime position close to a gate, this residence provides access to the Blue Ridge Parkway and the vibrant cultural hub of Asheville. This newly completed residence allows homeowners to be the first to enjoy its bespoke finishes and modern amenities. Members of this exclusive community enjoy an unparalleled lifestyle centered around a world-class wellness center, Jack Nicklaus Signature golf course, and the social elegance of the award-winning clubhouse and "The Tavern." The architectural narrative of the home begins with a striking exterior of natural stone and timber, leading into an expansive interior of meticulously crafted living space. The main level is anchored by a breathtaking great room where floor-to-ceiling windows frame long-range mountain vistas, seamlessly connecting the indoors to a sprawling screened porch and an open-air deck equipped with a majestic stone fireplace. At the heart of the home, a gourmet kitchen features a massive island, custom cabinetry, and professional-grade appliances, flowing effortlessly into a sun-drenched dining area. The primary wing on the main floor serves as a private retreat, boasting a vaulted owner’s suite and a spa-like bath with a freestanding soaking tub and a massive glass-enclosed rain shower. The terrace level is a tour de force of entertainment, thoughtfully designed for grand-scale social gatherings. This level features a massive game room anchored by a large, custom-crafted bar, providing the ultimate setting for hosting friends or relaxing after a day on the course. Thoughtful design continues throughout the residence with high-end finishes including wide-plank oak flooring, designer lighting, and modern cable-rail staircases. The versatile floor plan includes a sophisticated home office and multiple guest suites with private baths. Beyond the glass, the outdoor living spaces are second to none, highlighted by a lower-level stone terrace perfect for evening gatherings under the stars. Completing this exceptional offering is an oversized three-car garage, a whole house generator, and an elevator that services both levels, ensuring this home remains a lifetime legacy property in Western North Carolina's most coveted community.
    98 days
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    206
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    11
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    Zillow last checked:

    Listing updated:

    Listed by:

    Josh Smith josh@walnutcoverealty.com,

    Walnut Cove Realty/Allen Tate/Beverly-Hanks

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4359985MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Full bathrooms: 4
      • 1/2 bathrooms: 2
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      Heating
      • Zoned
      Cooling
      • Zoned
      Appliances
      • Included: Dishwasher, Disposal, Refrigerator
      • Laundry: Laundry Room, Main Level
      Features
      • Basement: Finished
      Interior area
      • Total structure area: 3,407
      • Total interior livable area: 6,301 sqft
      • Finished area above ground: 3,407
      • Finished area below ground: 2,894

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached Garage, Garage on Main Level
      • Attached garage spaces: 3
      Features
      • Levels: One
      • Stories: 1
      • Has view: Yes
      • View description: Mountain(s), Year Round
      Lot
      • Size: 2.44 Acres
      Details
      • Parcel number: 963338473600000
      • Zoning: R-1
      • Special conditions: Standard
      • Other equipment: Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Stone
      Condition
      • New construction: Yes
      • Year built: 2026
      Details
      • Builder name: Heatherly Construction

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City

      Community & HOA

      Community
      • Subdivision: The Cliffs At Walnut Cove
      HOA
      • Has HOA: Yes
      • HOA fee: $3,515 annually
      • HOA name: Carlton Property Sevices
      Location
      • Region: Arden
      • Elevation: 2000 Feet

      Financial & listing details

      • Price per square foot: $745/sqft
      • Tax assessed value: $2,036,600
      • Annual tax amount: $3,925
      • Date on market: 4/10/2026
      • Cumulative days on market: 99 days
      • Listing terms: Cash,Conventional
      • Road surface type: Other, Paved

        Estimated market value

        $4,553,300

        $4.33M - $4.78M

        $7,639/mo

        Price history

        DateEventPrice
        4/10/2026Listed for sale$4,695,000+1186.3%$745/sqft
        Source: Canopy MLS as distributed by MLS GRID #4359985 Report a problem
        6/12/2024Sold$365,000+30.8%$58/sqft
        Source: Public Record Report a problem
        10/17/2003Sold$279,000$44/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,925 +48.1%$608,900 +41.4%
        2024$2,651 +3.3%$430,600
        2023$2,566 +1.7%$430,600
        2022$2,523 $430,600
        2021$2,523 -2.3%$430,600 +5.1%
        2020$2,582 $409,900
        2019$2,582 $409,900
        2018$2,582 +72.6%$409,900 +90.4%
        2017$1,496 -42.1%$215,300
        2016$2,582 $215,300
        2015-- $215,300
        2014$1,496 $215,300
        2013-- $215,300 -34.6%
        2012-- $329,200
        2011-- $329,200
        2010-- $329,200
        2009-- $329,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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: 28704

        Getting around

        2 / 100
        Car-Dependent
        4 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Avery's Creek/Koontz
        • Middle: Valley Springs
        • High: T.C. Roberson

        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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