Sale of Luxury Home Breaks Records: Walnut Cove Realty Sells $6.7 Million Architectural Wonder, Breaking Record among All Seven Cliffs Communities

Arden, NC, November 30, 2022 The Perch, a luxurious modern home among the treetops in The Cliffs at Walnut Cove sold for a record $6.7M, breaking the record for the highest sale in a Cliffs community. Walnut Cove Realty represented both sides of the transaction.

LOOK INSIDE: Sale of luxury home breaks local records (video tour by High Lake Media)


The sale represents the most expensive closing of a single family residence in The Cliffs at Walnut Cove, and it is also within the top five highest residential closings in Buncombe County. Furthermore, and even more impressive, the sale represents the highest closing of any single family residence in one of the seven private, luxury Cliffs communities located in North Carolina and South Carolina.

patio with overlook 8 Deer Grass Court Arden

The custom built, mountaintop home—8 Deer Grass Court—was completed in 2021 by Glenwood Custom Builders. Featured in Carolina Home + Garden magazine, the 7,110 square-foot home is an architectural wonder nestled atop Chestnut Mountain.


Intentionally constructed to be immersive with the natural landscape, the home is filled with connecting, large windows and uses slender steel architecture to intentionally create a seamless visual experience. The result is an elegant design with a treehouse-like effect and a modern aesthetic with breathtaking views from one side of the house to the other.

kitchen 8 Deer Grass Court Arden

Befitting of a home of this stature, The Perch is equipped with the latest in technology, including a Lutron light system, geothermal heating and cooling, Sophie motorized shades in every room to manage light, and state-of-the-art appliances.

recreation area 8 Deer Grass Court Arden

It's a truly unique home in the luxury gated community, represented by Walnut Cove Realty Broker and President, Josh Smith, Western North Carolina’s top producing real estate agent. “Growing up here, I am innately familiar with the homes and land in The Cliffs at Walnut Cove,” says Smith of the record-breaking sale. “I knew from the moment I met with the sellers that The Perch would tick all the boxes for someone in this market.”

bedroom 8 Deer Grass Court Arden

Using targeted marketing in feeder markets, Walnut Cove Realty connected with the Denver-based buyers. “It was a perfect fit for them—airport proximity, amenities, ease of access to downtown Asheville, and a mountain lifestyle with views and privacy,” says Smith.

staircase 8 Deer Grass Court Arden

New owners of The Perch, Doug and Lucinda Hanover, say, “Josh and the team at Walnut Cove Realty were exceptionally knowledgeable, detailed, and communicative. They immediately made us feel welcome! We were initially interested in a lot at The Cliffs at Walnut Cove, however, Josh drove us through the community, spent time understanding our needs, and introduced us to the Perch and the former owners. He told us about the club amenities and history, and he knew the answers to all of our detailed questions once we were at the property.”

Of the overall experience, the Hanovers furthered, “Josh is an extraordinary professional and he made us feel comfortable every step of the way. He expertly guided us and the sellers through the entire process efficiently and confidently.”

Walnut Cove Realty has a $12,995,000 listing on the market in The Cliffs at Walnut Cove, located at 214 Folkestone Lane, Arden, a substantial record-breaker when its time comes. For now, Canopy MLS’ record for 2022 is a $7.2 million sale in Charlotte.

About Walnut Cove Realty

Walnut Cove Realty is a partner of Allen Tate/Beverly-Hanks, REALTORS®. Involved in the origin of The Cliffs at Walnut Cove, Walnut Cove Realty represents a majority of the transactions within the luxury community, in addition to assisting buyers and sellers in the surrounding Asheville area. Primarily focused on luxury real estate, Walnut Cove Realty is affiliated with Leading Real Estate Companies of the World® and Luxury Portfolio International®. Through these affiliations and a commitment to bespoke marketing for each property, Walnut Cove Realty is a top performing luxury real estate company. Learn more at


Photo credit: Steven Freedman Photography
Video credit: High Lake Media

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