12 Falling Waters Trail, Arden, NC

Situated along the water’s edge within the private enclaves of The Cliffs at Walnut Cove, this new residence offers a rare combination of modern architectural scale and a distinctively tranquil site plan. Scheduled for completion in late 2026, the 6,358-square-foot home is positioned adjacent to a natural waterfall and pond, ensuring a degree of privacy that is increasingly difficult to secure within the community’s interior. The five-bedroom layout is thoughtfully distributed to include an executive office and a primary suite on the main level, prioritizing long-term utility alongside an open-concept entertaining space. While the immediate setting is one of seclusion, the location remains minutes from the wellness center and the championship golf facilities. For the discerning investor, it is worth noting that Walnut Cove’s recent selection as the host for the Biltmore Championship has significantly reinforced the submarket's standing among elite national golf destinations. Private viewings of the site and architectural plans may be arranged through Peters & Associates.

About the home

+++CONSTRUCTION IS CLOSE TO COMPLETION!!+++ Tucked within a private enclave of The Cliffs at Walnut Cove, 12 Falling Waters Trail is currently under construction and scheduled to be delivered in Fall 2026. This home offers 6,358 heated square feet of refined mountain living in one of the community’s most peaceful and picturesque settings. Positioned adjacent to the pond and waterfall, the home enjoys exceptional privacy and a soothing natural backdrop, with the gentle sound of falling water enhancing the experience from its expansive outdoor living spaces. Despite its tranquil feel, the property is conveniently located near the Wellness Center and just minutes by car to the Tavern and championship golf facilities. The Cliffs at Walnut Cove is also home to the new PGA tournament, the Biltmore Championship, further elevating the prestige of this celebrated golf community. Designed for both everyday comfort and elevated entertaining, the home features a spacious main-level primary suite and a dedicated executive office, along with 4 additional bedrooms that provide privacy and comfort for family and guests. The open-concept design seamlessly connects the great room, dining area, and chef’s kitchen, where Thermador appliances, custom cabinetry, and beautiful finishes and fixtures create a refined yet welcoming atmosphere. The generous main level and well-appointed terrace level offer abundant space for hosting, recreation, or extended stays, while expansive screened and open-air decks and patios extend the living experience outdoors. An oversized garage, with the ability to accommodate 3 to 4 vehicles, completes this exceptional property — a rare opportunity to enjoy privacy, proximity to amenities, and the scale expected in one of Walnut Cove’s premier residences.

Price in context

• Asking $574 per square foot.
• That is 32% below the $839 median across 21 active $1.5M+ homes in Arden.
• 17th highest asking price of 21 active $1.5M+ homes in Arden.
• 8th largest by living area of the 20 with a recorded size.
• Asking price raised $100,000 from the original $3,550,000.
• 215 days on the market, listed 2026-02-13.
• County tax assessment $227,800; the asking price is 16.02× the assessed value.
• HOA dues $3,515 (annually).

Location

Neighborhood: The Cliffs At Walnut Cove, Buncombe County, ZIP 28704.

Features

Levels

One

Construction

Fiber Cement, Hard Stucco, Stone

Roof

Architectural Shingle, Metal

New construction

Yes

Bathrooms

4 full, 1 half

Basement

Exterior Entry, Finished, Walk-Out Access

Fireplace

Yes

Kitchen & appliances

Dishwasher, Gas Range, Refrigerator

Heating

Heat Pump, Natural Gas, Zoned

Cooling

Central Air, Dual, Heat Pump, Zoned

Garage

2 spaces

Parking

Attached Garage

Lot

Pond(s), Sloped, Wooded, Waterfall

Community

Clubhouse, Fitness Center, Gated, Golf, Indoor Pool, Outdoor Pool, Pond, Putting Green, Recreation Area, Tennis Court(s), Walking Trails

County

Buncombe

Comparable homes on the market

• 120 Split Rock Trail, Arden — $3,247,000, 3 bd, 3,861 sq ft, also in The Cliffs At Walnut Cove
• 841 Blackthorne Lane, Arden — $3,799,999, 4 bd, 5,013 sq ft, also in The Cliffs At Walnut Cove
• 1946 White Tree Trail, Arden — $4,495,000, 4 bd, 5,855 sq ft, also in The Cliffs At Walnut Cove
• 56 Hidden Hills Way #27, Arden — $3,785,000, 3 bd, 5,453 sq ft, 0.1 mi away
• 17 Falling Waters Trail, Arden — $4,100,000, 4 bd, 4,896 sq ft, 0.1 mi away
• 87 Misty Valley Parkway, Arden — $4,695,000, 4 bd, 6,301 sq ft, 0.3 mi away

See it privately

Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.