5 Sweetgrass Lane, Fletcher, NC

About the home

Luxury new construction completed in 2024, this exceptional estate offers a rare opportunity to own 3.47 acres of beautifully level, usable land—an increasingly scarce find in the Asheville market. Thoughtfully designed for today's lifestyle, the home combines sophisticated finishes, flexible living spaces, and the kind of privacy that's becoming difficult to find. A light-filled, open floor plan flows effortlessly to a spectacular screened porch with a fireplace, creating seamless indoor-outdoor living for every season. Two luxurious primary suites—one on the main level and another upstairs—make the home ideal for multi-generational living, extended family, or long-term guests, while offering the convenience of true age-in-place design. The expansive level grounds provide endless possibilities, from a resort-style pool and gardens to an equestrian estate with room for up to three horses. Existing renderings make it easy to envision the property's full potential. A detached guest house offers exceptional flexibility as a private office, fitness studio, art space, or guest retreat, while the detached three-car garage provides abundant space for vehicles, storage, and recreational equipment. Perfectly positioned just minutes from Asheville Regional Airport—close enough for effortless travel yet outside the airport flight path—this property offers outstanding convenience without sacrificing peace and privacy. Perhaps most compelling, this extraordinary home is offered well below today's replacement cost, presenting an exceptional opportunity to own a nearly new luxury estate for less than it would cost to build. With a motivated seller, this is a rare chance to secure unmatched value, exceptional land, and a lifestyle that is increasingly difficult to replicate.

Price in context

• Asking $587 per square foot.
• That is 50% above the $391 median across 33 active $1.5M+ homes in Fletcher.
• 7th highest asking price of 33 active $1.5M+ homes in Fletcher.
• 20th largest by living area of the 32 with a recorded size.
• Reduced $450,000 (18.4%) from the original $2,450,000 asking price.
• 172 days on the market, listed 2026-04-10.
• County tax assessment $2,290,100; the asking price is 0.87× the assessed value.

Location

Neighborhood: Cane Creek Meadows, Buncombe County, ZIP 28732.

Assigned schools

• Elementary: Glen Arden/Koontz
• Middle: Cane Creek
• High: T.C. Roberson

School assignments come from the listing and can change; confirm with the district.

Features

Style

Other

Levels

Two

Construction

Hardboard Siding

Roof

Metal

Builder

Crone Custom Homes

Bathrooms

4 full, 1 half

Fireplace

Yes

Interior

Attic Stairs Pulldown

Flooring

Carpet, Tile, Vinyl, Wood

Kitchen & appliances

Dishwasher, Disposal, Double Oven, Gas Range, Microwave

Heating

Ductless, Electric, Heat Pump, Propane, Zoned

Cooling

Central Air, Ductless, Electric, Zoned

Garage

3 spaces

Parking

Driveway, Detached Garage, Garage Door Opener, Garage Faces Front

View

Long Range, Mountain(s), Year Round

Lot

Cleared, Corner Lot, Level, Pasture, Wooded, Views

County

Buncombe

Comparable homes on the market

• 157 Allen Drive, Fletcher — $1,100,000, 6 bd, 4,933 sq ft, 0.5 mi away
• 235 White Pine Drive, Fletcher — $1,345,000, 4 bd, 3,458 sq ft, 0.5 mi away
• 235 White Pine Drive, Fletcher — $1,195,000, 4 bd, 3,458 sq ft, 0.5 mi away
• 121 Still Water Lane, Fletcher — $1,100,000, 3 bd, 3,053 sq ft, 0.7 mi away
• 3 Blue Heron Drive, Fletcher — $1,200,000, 4 bd, 4,420 sq ft, 0.8 mi away
• 118 Still Water Lane, Fletcher — $1,049,000, 3 bd, 3,770 sq ft, 0.8 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.