136 condos on 115 wooded acres in North Asheville. Gated, indoor-pool, pickleball. The highest HOA and highest price point in Asheville 55+. Here is what you're buying.
Beaverdam Run is the closest thing Asheville has to a resort-style 55+ community, and that's relative — this is 136 condos on wooded hillside acreage, not a Sun City campus. What sets it apart in the Asheville market is the indoor heated pool (rare), the gated access, the scale of the site (115 acres for 136 homes is an unusually generous land ratio), and the quality of construction from the late 1980s and 1990s which is generally superior to Crowfields' 1970s vintage.
The historic log cabin serves as the community's social hub — it hosts a ping pong table, library, meeting rooms, and fireplaces. That's a genuinely distinctive amenity. The pickleball and tennis courts respond to what retirees actually want. Residents consistently describe the community as quiet and park-like.
The HOA range reflects unit size and type. Smaller units pay closer to $950; larger units with more exterior exposure pay closer to $1,150. Here is what the fee includes:
Maintaining 115 acres of wooded grounds, trails, ponds, and landscaping for 136 units is expensive per unit. You're paying approximately $7–$8.50/month per acre of maintained land. If the site had 400 units instead of 136, the HOA would be dramatically lower. Beaverdam Run's high HOA is partly a function of the unusually generous land-to-unit ratio — which is exactly the thing residents value most. It's not inefficiency; it's what you're buying.
| Cost Component | $750K Home | $900K Home |
|---|---|---|
| Mortgage (20% down, 6.5%, 30yr) | $3,793/mo | $4,551/mo |
| HOA fee (mid-range) | $1,050/mo | $1,050/mo |
| Property tax (0.52% effective) | $325/mo | $390/mo |
| HO-6 condo insurance | $90/mo | $100/mo |
| Electric/gas | $140/mo | $140/mo |
| Total monthly estimated cost | $5,398/mo | $6,231/mo |
A cash buyer at $750K carries approximately $1,605/month in ongoing costs (HOA + tax + insurance + utilities). At $900K, that's approximately $1,680/month. These are the actual floor costs of ownership after purchase — no mortgage included.