Grand Highlands At Waterford Lakes Real Estate

Welcome to Grand Highlands at Waterford Lakes, an enchanting subdivision nestled in the picturesque town of Fletcher, North Carolina. This charming community is perfectly situated in Buncombe County, offering residents the ideal blend of serene living and convenient access to urban amenities.

Grand Highlands is renowned for its stunning natural beauty, featuring rolling hills and lush landscapes that create a tranquil atmosphere. The subdivision boasts meticulously designed homes that cater to a variety of lifestyles, from cozy family residences to elegant retreats. Each property is thoughtfully crafted with modern finishes and spacious layouts, ensuring comfort and style for every homeowner.

One of the standout features of Grand Highlands is its community spirit. Residents enjoy a vibrant neighborhood atmosphere, complete with friendly neighbors and various social events throughout the year. The subdivision is also equipped with walking trails, parks, and scenic lakes, providing ample opportunities for outdoor recreation and relaxation.

Convenience is key in Grand Highlands, as it is just a short drive to the bustling city of Asheville, where you can explore a plethora of dining, shopping, and entertainment options. Additionally, the area is served by excellent schools, making it an ideal choice for families.

Whether you’re looking for a peaceful retreat or a lively community, Grand Highlands at Waterford Lakes offers the perfect backdrop for your next chapter. Experience the charm of Fletcher and discover why so many have chosen to call this exceptional subdivision home.

Newest Listings in Grand Highlands At Waterford Lakes

$1,349,900

4 Beds ⋅ 5 Baths ⋅ 4388270 MLS

In the desirable gated community of Grand Highlands at Waterford Lakes in the peaceful Cane Creek Valley, this exceptional custom-built home offers breathtaking mountain and pasture views, along with picturesque sunsets. Immaculately maintained and thoughtfully designed, the home features generous living spaces, a gourmet kitchen, custom built-ins, four bedrooms, four full baths and a powder room. A spacious loft area, enhanced with newly installed barn doors, provides flexible living options and can easily serve as a private home office, fitness room, media room or teen retreat. Ample storage is thoughtfully incorporated throughout the home. The finished basement offers excellent versatility, complete with a second full kitchen, dining area, living room, bedroom and full bath ideal for guests, extended family or multi-generational living. Outside, enjoy the heated in-ground pool, perfect for entertaining while taking in the stunning mountain scenery. The expansive deck was fully reconditioned with premium TREX® decking in 2025, providing a beautiful, low-maintenance outdoor living space to enjoy the views year-round. Residents of Grand Highlands at Waterford Lakes enjoy access to trails and scenic ponds, all while being just minutes from the shopping, dining and amenities of Asheville. For added comfort and peace of mind, the home is equipped with an AprilAire whole-house air purification system installed on all three levels.

32 Lake Vista Drive, Fletcher

$1,495,000

4 Beds ⋅ 5 Baths ⋅ 4386602 MLS

Classic farmhouse elegance meets mountain living in this impeccably maintained home in gated Grand Highlands at Waterford Lakes. Located approx. 20 minutes from downtown Asheville and set in picturesque Cane Creek Valley, the home offers year-round mountain and pastoral views, quality craftsmanship, and a bright, flowing floorplan designed for everyday comfort and entertaining. Enjoy hardwood floors, crown molding, built-ins, abundant storage, and a stunning chef’s kitchen with granite countertops, custom cabinetry, Bertazzoni gas range, oversized island, and breathtaking views. The main-level primary suite features a spa-inspired bath and custom walk-in closet. Outdoor living shines with a rocking-chair front porch, screened porch with vaulted ceiling and stone gas fireplace, sunny deck, and fenced yard. Upstairs includes spacious bedrooms, flex spaces, and a private guest suite, while the finished walk-out basement adds even more room to relax, work, or play. Minutes to South Asheville, hiking, breweries, Lake Lure, and Hickory Nut Gap Farm.

30 Water Hill Way, Fletcher

$1,499,000

3 Beds ⋅ 4 Baths ⋅ 4375003 MLS

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

28 Falling Star Court, Fletcher

$1,299,000

3 Beds ⋅ 4 Baths ⋅ 4375570 MLS

This house is also being sold with adjoining lot under MLS# 4375003. 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, this property offers exceptional privacy and an impressive setting. 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.

28 Falling Star Court, Fletcher

$259,900

4371685 MLS

This exceptional, gently sloping parcel is nestled within a highly sought-after community of custom estate homes. One of the final remaining lots, it offers a rare and ideal opportunity to build your dream home in a truly breathtaking setting. The property captures sweeping views of the Western North Carolina mountains in every direction. The topography is perfectly suited for a walk-out basement, while still providing ample outdoor space for entertaining and everyday enjoyment. A tree-lined backdrop enhances privacy, with seasonal mountain views adding to the property’s natural charm. Residents enjoy underground utilities, scenic hiking trails, a tranquil pond, and postcard-worthy vistas—all complemented by crisp, refreshing mountain air. Experience peaceful, refined living just a short drive from the vibrant amenities of Asheville and Hendersonville. This is your chance to create something truly special in an unforgettable location.

47 Lake Vista Drive Unit #64, Fletcher

$1,799,900

4 Beds ⋅ 6 Baths ⋅ 4369957 MLS

A masterclass in modern Green Built luxury and high-performance design, this custom home at 64 Water Hill Way offers an elevated living experience where architectural beauty, sustainability, and resort-style outdoor living converge. Thoughtfully designed with exceptional versatility in mind, the property features multiple kitchens, 2 laundry rooms, a full in-law suite, and spaces ideally suited for multi-generational living. Built by award-winning Red Tree Builders and set within the gated Waterford Lakes community, the surroundings offer winding trails, peaceful ponds, and a private equestrian facility that adjoins the community, creating a setting that feels worlds away, yet perfectly connected. Constructed with insulated concrete forms, the home delivers superior energy efficiency, structural integrity, and a remarkably quiet interior. A curated suite of wellness-focused features, including whole-home water filtration, reverse osmosis drinking water, UV and HEPA air purification, whole-home ERV system, and low-VOC materials, enhances both comfort and long-term health. Inside, 10-foot ceilings and natural hardwood floors create a sense of openness and continuity, while the main living space is anchored by a chef’s kitchen featuring custom cabinetry, quartz surfaces, a marble backsplash, and a premium Viking appliance suite with a gas range and pot filler. Thoughtfully selected lighting from Christie’s, a whole-home audio system, and a natural gas fireplace elevate the experience. The main-level primary suite offers a calm and private retreat, complemented by a spa-inspired bath designed for relaxation and restoration. Two additional bedrooms provide comfort for guests, while the upper level introduces a flexible bonus suite and walk-in attic for abundant storage and future expansion. The walk-out lower level is arranged as a private full in-law suite with its own entrance, kitchen, bedroom, full bath, and laundry, offering exceptional flexibility for guests, extended family, or long-term accommodations. Outdoor living is nothing short of exceptional. A heated saltwater pool is framed by open views and manicured grounds, while a covered terrace and fully equipped outdoor kitchen featuring a Blaze 4-burner grill, cast iron sink, and in-ground gas hibachi create a setting designed for effortless entertaining and quiet moments alike. This is where the home truly comes to life, offering a private, resort-caliber experience that feels both elevated and entirely your own. Adding yet another layer of appeal, a dedicated tractor garage and charming potting shed provide spaces that reflect the same attention to detail found throughout the property, further elevating its connection to the landscape. This is mountain living reimagined through a lens of modern luxury and thoughtful design.

64 Water Hill Way, Fletcher

$150,000

4361446 MLS

UNIQUE OPPORTUNITY -- The perfect canvas for your mountain dream home is now available in Grand Highlands at Waterford Lakes—one of the area’s most sought-after gated communities. Ideally positioned just minutes from Asheville Regional Airport and a short drive to Arden & Asheville, this homesite offers the best of both convenience and mountain living with gorgeous views. Enjoy easy access to shopping, dining, and everyday essentials while surrounded by the natural beauty and elevated feel that define this premier neighborhood. Looking for a place for your beloved horses to roam in pastures below or a guest house that you could live in while you build next door? Additional Barnhouse listing also available on almost 18AC with direct access to this homesite, if sold together! (MLS 4361440) Whether you're envisioning a full-time residence or a serene retreat, this is an exceptional opportunity to build in a location that truly has it all.

27 Falling Star Court, Fletcher

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .