498 Walnut Valley Pkwy, Arden, NC, 28704

$3,895,000

4 Bedrooms
5 Full Baths, 1 Partial
7,688 SqFt
$507/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached GarageYes
Year Built2023
HeatingFloor Furnace, Heat Pump
CoolingCentral Air
BasementYes
FireplaceFamily Room, Living Room
ViewMountain(s)
MLS #4086511
StatusAccepting Backup Offers
(Active Under Contract)

About 498 Walnut Valley Pkwy

Discover this exquisite home in The Cliffs at Walnut Cove featuring year-round mountain views. Completed in 2023, this home offers a sprawling open floor plan, volume ceilings, chef's kitchen with waterfall quartzite countertops, designer lighting, spa like primary suite and 4 decks of outdoor living that include firepits, grill kitchen and hot tub. An ideal setting for generations to unite in unparalleled high-end style, including elevator. The main level offers a luxurious living experience, while the lower level extends the allure with an additional family room and 2nd full primary suites, catering to multi-generational living. The lower level also offers a spacious room for exercise, home theater or golf simulator. Whether hosting guests or enjoying quiet family moments, this home provides all the essentials for a harmonious lifestyle. Welcome to Walnut Cove, where a single membership opens doors to a world of activities and friendships across seven communities in NC and SC.

Property Details

Property Features

Property Information:

  • Architectural Style: Transitional
  • Year Built: 2023
  • Living Area: 7,688 SqFt

Listing Office:

  • Office Name: Walnut Cove Realty/Allen Tate/Beverly-Hanks

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Fireplace: Family Room, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Elevator, Hot Tub, Outdoor Kitchen

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached Garage

Virtual/3D Tour

  • Virtual Tour: 498 Walnut Valley Pkwy

Virtual Tour

Utilities

Utilities Information:

  • Heating: Floor Furnace, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Long Shoals Road to Brevard Road, right. 2 Blocks to entrance of Cliffs at Walnut Cove. Cliffsridge Parkway to Walnut Valley Parkway, right 1.7 Miles to 498

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,895,000
  • Price Per SqFt: $507/SqFt

HOA Fees:

  • Amount: $2975
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,322
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Arden, NC.

Med. Sold Price

$457.4K

Med. Price/SqFt

$256

Avg. Days On Market

42

# of Sold Homes

23

498 Walnut Valley Pkwy vs Arden

115 DAYS ON ROCKET

+73 Days

$3,895,000

+$3.4M More

$507/SqFt

+$250 More

KEY TAKEAWAY

This property is $3.4M more than the Median Sold Price and $250/SqFt more than other homes in Arden, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4086511

Listing Office:

  • Office Name: Walnut Cove Realty/Allen Tate/Beverly-Hanks

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Property Sales & Tax

Listing History

Apr 30, 2021Home Sold
$160,000
Dec 05, 2005Home Sold
$510,000
Jan 21, 2004Home Sold
$349,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,322$209,800
2020$1,321$209,800
2019$1,321$209,800
2017$1,322$209,800

History based on county public records data.

Payment Calculator

$19.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.7K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1281783
4
/10
  • Avery's Creek Elementary School

  • 15 Park South Rd

  • 2.04 miles

  • Public District Grades KG-4

school-card-donut-1281784
6
/10
  • Estes Elementary School

  • 275 Overlook Rd

  • 4.31 miles

  • Public District Grades KG-5

school-card-donut-1281785
8
/10
  • Glenn C Marlow Elementary School

  • 1985 Butler Bridge Rd

  • 5.10 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,564. Residents of Arden, NC typically earn between $35k-100k each year. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 498 Walnut Valley Pkwy

What is the listing price of this property?

The listing price of 498 Walnut Valley Pkwy property is $3,895,000.

What type of property is this?

The property 498 Walnut Valley Pkwy is a house located in Arden, North Carolina, 28704.

Is this property for sale now?

Accepting Backup Offers: 498 Walnut Valley Pkwy is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,322 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 30, 2021 for $160,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 498 Walnut Valley Pkwy has 4 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 498 Walnut Valley Pkwy is 7,688 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 498 Walnut Valley Pkwy is 2023.
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Rocket HomesNorth CarolinaBuncombe CountyArden28704498 Walnut Valley Pkwy

This home is located at 498 Walnut Valley Pkwy in Arden, NC and zip code 28704. This 7,688 square foot home was built in 2023. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 02, 2024 and is currently priced at $3,895,000.

Over 7 listings were sold over their listed price in March 2024 in Arden, NC. In the same period over 10 listings were sold below the listed price and 6 listings were sold for the listed price. Between February 2024 and March 2024, Arden, NC real estate market has seen increase in the number of listings by 12.2%. While the average time on the market in March 2024 was 42 days, the median list price was $457,416.

From Rocket Homes Real Estate and based on county public records data.

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