87 Misty Valley Parkway, Arden, NC
$4,695,000 · 4 bedrooms · 6 baths · 6,301 sq ft · built 2026
Listing courtesy of Walnut Cove Realty/Allen Tate/Beverly-Hanks (Josh Smith). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
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.
Price in context
- Asking $745 per square foot.
- That is 11% below the $839 median across 21 active $1.5M+ homes in Arden.
- 7th highest asking price of 21 active $1.5M+ homes in Arden.
- 9th largest by living area of the 20 with a recorded size.
- No price changes since it was listed.
- 65 days on the market, listed 2026-04-10.
- County tax assessment $2,036,600; the asking price is 2.31× the assessed value.
- HOA dues $3,515 (annually).
Location
Neighborhood: The Cliffs At Walnut Cove, Buncombe County, ZIP 28704.
Assigned schools
- Elementary: Avery'S Creek/Koontz
- Middle: Valley Springs
- High: T.C. Roberson
School assignments come from the listing and can change; confirm with the district.
Features
- Levels
- One
- Construction
- Hard Stucco, Stone
- Builder
- Heatherly Construction
- New construction
- Yes
- Bathrooms
- 4 full, 2 half
- Basement
- Finished
- Fireplace
- Yes
- Kitchen & appliances
- Dishwasher, Disposal, Refrigerator
- Heating
- Zoned
- Cooling
- Zoned
- Garage
- 3 spaces
- Parking
- Attached Garage
- View
- Mountain(s), Year Round
- 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
- 12 Falling Waters Trail, Arden — $3,650,000, 5 bd, 6,358 sq ft, also in The Cliffs At Walnut Cove
- 204 Secluded Hills Lane, Arden — $3,995,000, 4 bd, 6,822 sq ft, 0.1 mi away
- 17 Falling Waters Trail, Arden — $4,100,000, 4 bd, 4,896 sq ft, 0.2 mi away
- 25 Autumn Shade Court #75, Arden — $3,475,000, 4 bd, 4,793 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.