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Be part of golf history and mountain elegance at 23 Dividing Ridge, a stunning lodge-style retreat nestled in The Cliffs at Walnut Cove — the very course selected to host the newly announced? Biltmore Championship, part of the 2026 FedExCup Fall Series. From September 17–20, 2026, the PGA Tour returns to Asheville for the first time in over 80 years. This prestigious event places Walnut Cove on the national stage, making this...Live Where the PGA Tour Plays — Luxury Mountain Living at 23 Dividing Ridge
Be part of golf history and mountain elegance at 23 Dividing Ridge, a stunning lodge-style retreat nestled in The Cliffs at Walnut Cove — the very course selected to host the newly announced? Biltmore Championship, part of the 2026 FedExCup Fall Series. From September 17–20, 2026, the PGA Tour returns to Asheville for the first time in over 80 years. This prestigious event places Walnut Cove on the national stage, making this home not just a residence, but a front-row seat to world-class golf. Timeless Design Meets Modern Comfort
This three-story mountain masterpiece blends rustic charm with refined finishes. The open-concept layout is ideal for both everyday living and unforgettable entertaining, featuring:
• Expansive gathering spaces with reclaimed hardwood floors and substantial wood trim
• Tray ceilings with rough-cut beams and four cozy fireplaces
• A screened-in deck with outdoor grill, firepit, and tranquil water feature
Entertainment & Recreation at Every Turn
The lower level is a haven for leisure and connection, offering:
• A custom golf simulator for year-round play
• A 600-bottle temperature-controlled wine cellar
• A spacious recreation room with pool table and wet bar
Additional highlights include a massive playroom above the garage, a cozy keeping room, and a welcoming family room — ensuring space for every mood and moment. Private Sanctuary & Smart Functionality
The main-level primary suite is a spa-like escape, while ample storage across all levels ensures the home is as practical as it is beautiful. A Community Like No Other
Walnut Cove offers a lifestyle of unmatched serenity and sophistication, with:
• A nationally acclaimed Jack Nicklaus Signature Golf Course
• Indoor/outdoor pools, Har-Tru tennis courts, and a state-of-the-art fitness center
• Miles of hiking trails with waterfalls through preserved forests
• A vibrant clubhouse with fine dining and social events
With the PGA spotlight shining on Walnut Cove, 23 Dividing Ridge is more than a home — it’s a rare opportunity to live at the intersection of luxury, nature, and legacy.
- Listed by Jonathan Franzen • EXP Realty LLC • jonathan.franzen@exprealty.com
Property Details for 23 Dividing Ridge Trail
Property Details for 23 Dividing Ridge Trail
| Status | Active |
|---|---|
| MLS # | 4307100 |
| Days on Market | 82 |
| Taxes | - |
| HOA Fees | $3,315 / year |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 2014 |
| Lot Size | 1.34 AC / 58,370 SF |
| County | Buncombe County |
Location
Building Information for 23 Dividing Ridge Trail
Payment Calculator
$20,914 per month
30 year fixed, 6.28% Interest
$19,518
$1,119
$276
Property Information for 23 Dividing Ridge Trail
- Longitude: -82.587914
- Latitude: 35.450275
- Directions: Please use a mapping app by typing in 21 Arcadia Farms Rd. Arden, NC 28704. This will get you to the gatehouse entrance located off of Brevard Rd. Once you pass through the gate type in 23 Dividing Ridge Trail Arden NC 28704, or go 1.1 miles, turn left on Misty Valley Parkway and then right onto Powder Creek Trail. Travel 0.8 miles and then turn left onto Dividing Ridge Trail. The home is located on the right.
- HOA YN: Yes
- HOA Name: Carlton Property Services
- HOA Email: Scarlton@carltonpropertyservices.net
- HOA Phone: 864-238-2557
- HOA Subject To: Required
- HOA Subject To Dues: Mandatory
- HOA Annual Expense: $3,315.00
- Tax Assessed Value: $2,084,000.00
- Parcel Number: 9633-18-7110-00000
- City Taxes Paid To: No City Taxes Paid
- Middle Or Junior School: Valley Springs
- High School: T.C. Roberson
- Elementary School: Avery's Creek/Koontz
- Parking: Open Parking YN: No
- Parking: Carport YN: No
- Garage Spaces: 3.0
- Garage YN: Yes
- Garage Main Level YN: Yes
- Elevation: 2000
- Above Grade Finished Area: 4699.0
- Below Grade Finished Area: 2155.0
- Sq Ft Garage: 941
- Sq Ft Lower: 0
- Sq Ft Main: 2644
- Sq Ft Third: 0
- Sq Ft Unheated Basement: 462
- Sq Ft Unheated Lower: 0
- Sq Ft Unheated Main: 0
- Sq Ft Unheated Third: 0
- Sq Ft Unheated Total: 846
- Sq Ft Unheated Upper: 384
- Sq Ft Upper: 2055
- Sq Ft Total Property HLA: 6854.0
- Lot Features: Creek Front
- Lot Size Units: Acres
- Property Type: Residential
- Geocode Confidence: High
- Down Payment Resource YN: No
- New Construction YN: No
- Photos Count: 34
- Road Responsibility: Private Maintained Road
- Construction Type: Site Built
- Assumable: No
- Senior Community YN: No
- Plat Book Slide: 0094-0047
- Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Rental – See Restrictions Description
- Restrictions Description: No Short-term Rentals
- Green Verification Count: 0
- Sewer: Septic Installed
- Utilities: Electricity Connected, Natural Gas, Underground Power Lines, Underground Utilities
- Water Source: City
- Exterior Features: Above Ground Hot Tub / Spa, Fire Pit, Hot Tub
- Construction Materials: Fiber Cement, Stone
- Patio And Porch Features: Covered, Front Porch
- Road Surface Type: Concrete, Paved
- Roof: Architectural Shingle
- Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Refrigerator, Exhaust Hood, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Wall Oven, Washer, Wine Refrigerator
- Levels: Two
- Cooling: Ceiling Fan(s), Central Air, Electric, Multi Units
- Heating: Central, ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
- Interior Features: Attic Walk In, Built-in Features, Cable Prewire, Entrance Foyer, Hot Tub, Open Floorplan, Storage, Walk-In Pantry, Wet Bar
- Laundry Features: Laundry Room, Main Level, Upper Level
- Fireplace Features: Family Room, Fire Pit, Gas, Gas Log, Gas Vented, Keeping Room, Porch, Recreation Room
- Fireplace YN: Yes
- Door Features: Pocket Doors, Sliding Doors
- Window Features: Insulated Window(s), Window Treatments
- Flooring: Bamboo, Carpet, Tile, Wood, Other - See Remarks
- Foundation Details: Basement
- Basement YN: Yes
- Basement Features: Partially Finished, Storage Space, Walk-Out Access, Walk-Up Access
- Bedroom Basement: 1
- Bedroom Main: 1
- Bedroom Upper: 4
- Full Bath Basement: 1
- Full Bath Main: 1
- Full Bath Upper: 3
- Half Bath Main: 1
- Half Bath Upper: 0
- Room Count: 20.0
- Room Types: Primary Bedroom
- Room Level: Main
- Room Types: Kitchen
- Room Level: Main
- Room Types: Breakfast
- Room Level: Main
- Room Types: Dining Area
- Room Level: Main
- Room Types: Bathroom-Full
- Room Level: Main
- Room Types: Bathroom-Half
- Room Level: Main
- Room Types: Laundry
- Room Level: Main
- Room Types: Keeping Room
- Room Level: Main
- Room Types: Mud
- Room Level: Main
- Room Types: Bathroom-Full
- Room Level: Upper
- Room Types: Bedroom(s)
- Room Level: Upper
- Room Types: Recreation Room
- Room Level: Upper
- Room Types: Laundry
- Room Level: Main
- Room Types: Flex Space
- Room Level: Upper
- Room Types: Bar/Entertainment
- Room Level: Basement
- Room Types: Bathroom-Full
- Room Level: Basement
- Room Types: Bedroom(s)
- Room Level: Basement
- Room Types: Recreation Room
- Room Level: Basement
- Room Types: Wine Cellar
- Room Level: Basement
- Room Types: Recreation Room
- Room Level: Basement
- Security Features: Security System, Smoke Detector(s)
Property History for 23 Dividing Ridge Trail
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 3, 2025 | Listed (Active) CANOPY #4307100 | $3,950,000 | — |
| May 31, 2022 | Closed CANOPY #3824035 | $2,650,000 | — |
| May 26, 2022 | Closed (Public Record) Public Record #1491010457 | $2,650,000 | +20.0% / yr |
| Apr 24, 2022 | Under Contract-No Show CANOPY #3824035 | — | |
| Apr 24, 2022 | Under Contract-Show CANOPY #3824035 | — | |
| Apr 12, 2022 | Price Change CANOPY #3824035 | $2,700,000 | — |
| Feb 3, 2022 | Listed (Active) CANOPY #3824035 | $2,800,000 | — |
| Jun 17, 2011 | Closed (Public Record) Public Record #310540303 | $359,000 | +1.6% / yr |
| Dec 16, 2004 | Closed (Public Record) Public Record #594905839 | $324,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/03/2025 | Listed (Active) CANOPY #4307100 | $3,950,000 |
| 05/31/2022 | Closed CANOPY #3824035 | $2,650,000 |
| 05/26/2022 | Closed (Public Record) Public Record #1491010457 | $2,650,000 +20.0% / yr |
| 04/24/2022 | Under Contract-No Show CANOPY #3824035 | — |
| 04/24/2022 | Under Contract-Show CANOPY #3824035 | — |
| 04/12/2022 | Price Change CANOPY #3824035 | $2,700,000 |
| 02/03/2022 | Listed (Active) CANOPY #3824035 | $2,800,000 |
| 06/17/2011 | Closed (Public Record) Public Record #310540303 | $359,000 +1.6% / yr |
| 12/16/2004 | Closed (Public Record) Public Record #594905839 | $324,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 23 Dividing Ridge Trail
Schools near 23 Dividing Ridge Trail
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 5 to 6 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Avery's Creek Elementary PublicPK to 4 | ||
Koontz Intermediate School Public5 to 6 | ||
Valley Springs Middle Public5 to 8 | ||
T C Roberson High Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of EXP Realty LLC
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/24/2025 07:39 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.

































