5 Sweetgrass Lane on 3.47 flat acres - 5 Sweetgrass Lane, Fletcher
Favorite room - Large screen porch views and fireplace - 5 Sweetgrass Lane, Fletcher
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3.47 acres - 5 Sweetgrass Lane, Fletcher
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Welcome home! - 5 Sweetgrass Lane, Fletcher
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$2,000,000

5 Sweetgrass Lane
Fletcher, NC 28732
Listed by Laura Livaudais · Ivester Jackson Blackstream
Bedrooms
4
Bathrooms
4.5
Living area
3,407 sqft
Year built
2024

About this home

Luxury new construction completed in 2024, this exceptional estate offers a rare opportunity to own 3.47 acres of beautifully level, usable land—an increasingly scarce find in the Asheville market. Thoughtfully designed for today's lifestyle, the home combines sophisticated finishes, flexible living spaces, and the kind of privacy that's becoming difficult to find. A light-filled, open floor plan flows effortlessly to a spectacular screened porch with a fireplace, creating seamless indoor-outdoor living for every season. Two luxurious primary suites—one on the main level and another upstairs—make the home ideal for multi-generational living, extended family, or long-term guests, while offering the convenience of true age-in-place design. The expansive level grounds provide endless possibilities, from a resort-style pool and gardens to an equestrian estate with room for up to three horses. Existing renderings make it easy to envision the property's full potential. A detached guest house offers exceptional flexibility as a private office, fitness studio, art space, or guest retreat, while the detached three-car garage provides abundant space for vehicles, storage, and recreational equipment. Perfectly positioned just minutes from Asheville Regional Airport—close enough for effortless travel yet outside the airport flight path—this property offers outstanding convenience without sacrificing peace and privacy. Perhaps most compelling, this extraordinary home is offered well below today's replacement cost, presenting an exceptional opportunity to own a nearly new luxury estate for less than it would cost to build. With a motivated seller, this is a rare chance to secure unmatched value, exceptional land, and a lifestyle that is increasingly difficult to replicate.

Highlights

Fireplace

Property details

MLS
Canopy MLS
MLS #
CAR4367316
Property type
Single Family Residence
Subdivision
Cane Creek Meadows
Status
Active
Days on market
172
On market date
April 10, 2026
Stories
N/A
Total bathrooms
4.5
Garage spaces
3
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Glen Arden Elementary
1.77 mi away · Grades 0-4
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
494
Student:teacher ratio
13.7:1
District
Buncombe County Schools
Middle
Cane Creek Middle
2.64 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
454
Student:teacher ratio
13.0:1
District
Buncombe County Schools
High
Early College
9.14 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
278
Student:teacher ratio
25.3:1
District
Buncombe County Schools

Walkability

Blended score for Fletcher's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

19
Very car-dependent
out of 100
EPA National Walkability Index
5.7 / 20 -- Least walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores1
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Fletcher, from live MLS data.

On the market 172 days -- 70 more days than Fletcher's current average of 102 days.
For reference, the median list price across 190 active listings in Fletcher right now is $425,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$12,194/mo
$400,000 down
$1,600,000 loan
Principal & interest$10,378
Property tax (est.)$1,667
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 23 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.