Why Live in Walnut Cove
Walnut Cove in Arden, South Asheville, is a neighborhood known for its modern luxury living, nestled within the scenic valleys near Pisgah National Forest. This private gated community features elegant European-influenced architecture that harmonizes with its natural surroundings. Homes range from three-bedroom townhomes to lavish estates, with prices starting around $500,000 and reaching up to $5 million. The neighborhood is part of the prestigious Cliffs communities, offering residences that overlook a nationally recognized Jack Nicklaus Signature Golf Course. The course is celebrated for its scenic grounds, ranking in the top 30 in the state. Residents enjoy numerous outdoor activities, with miles of walking trails featuring waterfalls and wildflowers, as well as a state-of-the-art Wellness Complex offering yoga, aquatics, and spa services. Walnut Cove is conveniently located about 15 minutes from both the retail plazas on Airport Road and the dining and shopping options at Biltmore Park. The neighborhood is approximately 15 miles from downtown Asheville, providing easy access to the city's cultural and historical attractions. Families in Walnut Cove benefit from the Buncombe County Schools, with Avery's Creek Elementary offering a unique dual language program. The neighborhood's crime rate is not mentioned, but its gated community status suggests a focus on privacy and security.
Home Trends in Walnut Cove, NC
On average, homes in Walnut Cove, Arden sell after 148 days on the market compared to the national average of 52 days. The median sale price for homes in Walnut Cove, Arden over the last 12 months is $1,655,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$1,655,000
Median Single Family Sale Price
$1,875,000
Median Townhouse Sale Price
$536,106
Average Price Per Sq Ft
$587
Number of Homes for Sale
42
Last 12 months Home Sales
41
Median List Price
$1,850,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-2%