Oleta Falls Real Estate

Oleta Falls Real Estate

Welcome to Oleta Falls, a hidden gem nestled in the picturesque mountains of Henderson County, North Carolina. This enchanting neighborhood is a sanctuary for those seeking tranquility and natural beauty, all while being conveniently close to the vibrant culture of nearby Asheville.

Oleta Falls is renowned for its stunning landscapes, featuring lush forests, cascading waterfalls, and panoramic views that will take your breath away. The community is designed to harmonize with its surroundings, offering a perfect blend of modern amenities and rustic charm. Whether you’re hiking the scenic trails, enjoying a peaceful afternoon by the water, or simply soaking in the beauty of the Blue Ridge Mountains, Oleta Falls provides an idyllic backdrop for your daily life.

Families and individuals alike will appreciate the strong sense of community here. With a variety of social events and gatherings, residents quickly form lasting friendships and connections. The neighborhood is also home to top-rated schools, making it an ideal place for families to settle down and thrive.

For those who enjoy outdoor adventures, Oleta Falls is a gateway to a myriad of recreational activities, from mountain biking and fishing to exploring nearby state parks. Additionally, the charming town of Hendersonville, just a short drive away, offers delightful shops, restaurants, and cultural experiences.

Discover the magic of Oleta Falls, where nature meets community, and make this enchanting neighborhood your new home. Experience the best of North Carolina living in a place that feels like a breath of fresh air.

Newest Listings in Oleta Falls

$32,500
4396151 MLS ⋅ ACTIVE Status
Embrace the beauty and serenity of Oleta Falls. Discover 4.23 private acres in one of Western North Carolina's most distinctive gated mountain communities. Surrounded by the natural beauty of the Blue Ridge Mountains, this homesite offers the rare opportunity to create your ideal retreat while becoming part of a welcoming neighborhood where residents enjoy as much community—or as much solitude—as they desire. Set within more than 400 acres, Oleta Falls features over 200 acres of protected natural preserve and wooded trails, a stunning 40-foot waterfall, breathtaking mountain views, and abundant green space. Residents gather at the community lodge for social events and activities, enjoy the heated swimming pool and fitness center, or connect with neighbors while exploring miles of scenic trails. At the same time, the generous homesites and preserved landscape provide exceptional privacy and a true mountain sanctuary. Conveniently located just minutes from downtown Hendersonville and an easy drive to Asheville, you'll enjoy access to renowned dining, shopping, wineries, outdoor recreation, and some of the region's most iconic destinations. Whether you're seeking an active mountain lifestyle, a peaceful retreat, or the perfect balance of both, this exceptional homesite offers the ideal setting to build your future in Oleta Falls.

132 Overlook Park Drive Unit #51, Hendersonville

Listing courtesy of Coldwell Banker Caine/Williams. ktamburro@cbcaine.com
$1,795,000
4 Beds ⋅ 6 Baths ⋅ 4388350 MLS ⋅ ACTIVE Status
Conveniently located only 15 to 20 minutes away from downtown Hendersonville, restaurants, and grocery shopping, this exceptional custom-built mountain modern estate with connected guest cottage resides on 6.1 private acres in the gated community of Oleta Falls. Residents of Oleta Falls enjoy access to a spectacular 40-foot waterfall just a one-mile walk from the front door, along with a lodge-style clubhouse, pools, fitness center, miles of hiking trails, and a vibrant calendar of neighborhood social activities. Blending sophisticated design, artisan craftsmanship, and seamless indoor-outdoor living, the home is thoughtfully positioned to capture the surrounding mountain beauty and southern exposure where every detail has been curated to be as functional as it is stunning. The main residence showcases custom cabinetry, European white oak flooring, natural champagne quartzite countertops, architectural lighting, and a dramatic wood-burning Renaissance fireplace with a custom illuminated mountain ridgeline surround inspired by the Blue Ridge views beyond the living room windows. Soaring ceilings, exposed beams, and expansive walls of glass fill the home with natural light while creating a warm, inviting atmosphere. Designed for both everyday living and entertaining, the chef's kitchen features a Bosch induction cooktop with downdraft ventilation, double ovens, Sub-Zero refrigeration, a tucked away prep & cleanup area, walk-in pantry, and abundant custom storage enhanced by under and over cabinet lighting. The luxurious primary suite serves as a private sanctuary with a spacious walk-in closet, wraparound deck, and a spa-inspired cabana bath featuring heated floors, a soaking tub, and a walk-in shower with rain head and handheld wand. A unique shower-to-deck door creates the feeling of an open-air spa. The lower level offers exceptional flexibility with a spacious entertainment area, custom bar with leathered granite countertops and beverage refrigerator, 7-channel surround sound wiring, infrared sauna, two en-suite bedrooms, and a large storage room. Outdoor living is equally impressive, with newly installed Deckorators Voyage (composite) decking (2025), Ipé entry decking, a firepit gathering area, hot tub, and multiple spaces designed to enjoy the mountain setting year-round. Next door the beautifully appointed French Country guest cottage, connected to the main residence by a spacious screened porch, provides additional accommodations complete with a small kitchen, stacked washer and dryer, Vermont wood stove, and custom pine finishes. The property also includes room for a pool and approved space for RV parking and an additional guest house. (ARB approval for guest house design required.) Additional features include an oversized attached three-car garage, 20kW back-up generator (main house), central vacuum system, Trane 3-zoned HVAC (main house), on-demand hot water heater, water filtration system, and 8-foot doors throughout. Residents of Oleta Falls enjoy access to a spectacular 40-foot waterfall just a one-mile walk from the front door, along with a lodge-style clubhouse, pools, fitness center, miles of hiking trails, and a vibrant calendar of neighborhood social activities. An old logging road off the cul-de-sac next to the driveway provides convenient walking access from the property to the clubhouse amenities. A rare opportunity to own one of Hendersonville's most thoughtfully crafted mountain estates, where privacy, luxury, and natural beauty exist in perfect balance.

257 Bear Landing Drive, Hendersonville

Listing courtesy of Patton Allen Real Estate LLC. sherri@pattonallenre.com
$97,000
4392554 MLS ⋅ ACTIVE Status
Welcome to Oleta Falls, one of Hendersonville's best kept secrets! Absolute seclusion, yet less than twenty minutes from downtown Hendersonville. This gated neighborhood is stunningly beautiful, featuring gorgeous landscaping, 200 acres of hiking trails, ridiculous mountain views, and a private 40 foot waterfall. Living in Oleta Falls gives you access to the private clubhouse, fitness center, outdoor pool, and a robust covered bridge. Lot #12 is in Phase 1, which means you already have water on site from the community well. It also means that you are conveniently close to the front gate. This lot is the pick of the litter in Oleta Falls, boasting a fantastic build site with breathtaking year-round mountain views.

239 Stone Valley Way, Hendersonville

Listing courtesy of Keller Williams Mtn Partners, LLC. patgray@kw.com
$89,000
4386038 MLS ⋅ ACTIVE Status
Escape to the extraordinary in Hendersonville’s premier gated sanctuary. Nestled within the coveted community of Oleta Falls, this exceptional 3.1-acre corner lot offers the ultimate canvas for your custom dream estate. Positioned perfectly for a walk-out basement, the topography allows for maximum architectural creativity, featuring dual paved road frontage on Oleta Mill Trail and Overlook Park Drive for flexible driveway access. With selective clearing, unlock stunning year-round mountain views framed by mature hardwoods. Beyond your private acreage lies a nature-lover's paradise: 100 acres of preserved common area, miles of private hiking trails, an historic-style covered bridge, and the community’s crown jewel—a majestic 40-foot waterfall. Residents enjoy elite amenities, including a lodge-style clubhouse, fitness center, and a beautiful outdoor pool, and a vibrant social calendar, all just 15 minutes from historic downtown Hendersonville. This isn’t just a homesite; it’s a lifestyle upgrade.

1034 Oleta Mill Trail Unit #49, Hendersonville

Listing courtesy of Walnut Cove Realty/Allen Tate/Beverly-Hanks. sharon@walnutcoverealty.com
$1,499,000
4 Beds ⋅ 5 Baths ⋅ 4378849 MLS ⋅ ACTIVE Status
Tucked away in a private, wooded setting, this stunning four-bedroom mountain retreat offers the perfect blend of luxury, comfort, and natural beauty. Thoughtfully designed with warm wood finishes, soaring vaulted ceilings, and expansive windows that bring the outdoors in, this home captures the essence of refined mountain living. The spacious great room is anchored by a dramatic stone fireplace and flows seamlessly into the chef’s kitchen featuring custom cabinetry, beautiful stonework, and inviting gathering spaces ideal for entertaining. Enjoy peaceful mornings and cool mountain evenings surrounded by nature from the home’s multiple outdoor living areas, all while being just moments from exceptional community amenities. Residents enjoy access to scenic walking trails, a beautiful outdoor pool, fitness center, clubhouse, and even a picturesque 40ft waterfall just a short walk away, creating a true mountain lifestyle experience. Whether you are seeking a full-time residence or luxurious mountain escape, this secluded property offers unmatched privacy, timeless craftsmanship, and the serenity of mountain living at its finest.

211 Boulder Ridge Drive, Hendersonville

Listing courtesy of Ivester Jackson Blackstream. stacey@ijbproperties.com
$300,000
2 Beds ⋅ 2 Baths ⋅ 4372008 MLS ⋅ ACTIVE UNDER CONTRACT Status
Nature Lover's dream home and setting. Gated property and cabin sit nestled in a serene and peaceful community with excellent amenities. This home site can forever remain with this Rustic cabin or someone could choose to build a larger main home as there is ample land for an excellent building envelope. Also, this property can be used as a rental with a minimum of 30 days per the covenants. Home is being sold As Is. Oleta Falls has over 200 acres of preserved and protected forests creating an environment that feels more like a retreat than a traditional neighborhood. Residents enjoy miles of scenic hiking trails, a spectacular waterfall, 35-acre river park along the Little Hungry River, a fishing pond, and a stunning post-and-beam community lodge featuring a heated pool, hot tub, fitness center, and many gathering spaces that bring neighbors together.

276 Oleta Mill Trail, Hendersonville

Listing courtesy of Keller Williams Mtn Partners, LLC. derekhawkinsrealtor@gmail.com
$1,345,000
3 Beds ⋅ 4 Baths ⋅ 4356812 MLS ⋅ ACTIVE Status
Custom Craftsman Home with Beautiful Mountain Views and Main Floor Master Suite! Nestled at the end of a quiet cul-de-sac in the gated community of Oleta Falls in Hendersonville. This meticulous home offers a rare blend of luxury, privacy, and natural beauty. Inside, an open-concept floor plan showcases vaulted ceilings, exposed timber beams, and rich Oak and Knotty Alder millwork. The main level features a chef’s kitchen, a sunroom, a dedicated study with a vaulted wood ceiling, and a primary suite with mountain views, deck access, and dual walk-in closets. The Fully Finished Lower Level is built for entertaining, boasting two additional En-suite Bedrooms, 2 Full Bathrooms, a spacious Family Room with a wood-burning Fireplace and Custom Built-in Bar, a gym/flex room, a workshop/garden shed, and ample storage. Premium Upgrades Abound, including a whole-house Generator, 3-zone geothermal HVAC, 10-foot solid doors, high-speed internet, and a direct interior staircase from the oversized 2-car garage to the basement and workshop space. Enjoy exceptional Outdoor Living on this Private 1.25 Acre Landscaped Lot, the Upper Deck with Mountain Views or the Terrace Level Covered Stone Patio, surrounded by Terraced Perennial Gardens. Residents enjoy access to Oleta Falls’ private 40-foot waterfall, miles of private Hiking Trails, and a lodge-style Clubhouse with a Pool.

276 Stone Valley Way, Hendersonville

Listing courtesy of Walnut Cove Realty/Allen Tate/Beverly-Hanks. sharon@walnutcoverealty.com
$45,000
4356608 MLS ⋅ ACTIVE Status
Tucked inside the gated Oleta Falls community, Lot 43 on Ashley Bend Trail offers a rare opportunity to build your mountain retreat on 3.57 private acres surrounded by natural beauty. This homesite provides excellent space and privacy while still being easily accessible for future construction. Oleta Falls is known for its remarkable setting, with hundreds of acres preserved as natural open space, creating a peaceful environment that feels more like a protected mountain preserve than a typical neighborhood. Residents enjoy a thoughtfully designed community featuring a timber-frame lodge with a fitness area and swimming pool, a community fire pit gathering space, and the charming covered bridge spanning the river that welcomes you into the neighborhood. Outdoor enthusiasts will appreciate the miles of maintained hiking trails that wind through the property, leading to streams, scenic overlooks, and the community’s namesake waterfalls—privately owned and accessed directly within the development. The trails and preserved land offer a unique opportunity to experience nature right outside your door. Located just minutes from downtown Hendersonville, the community provides convenient access to shopping, restaurants, and everyday amenities while maintaining the privacy and tranquility of a mountain setting. With its combination of acreage, privacy, and access to one of the area’s most scenic gated communities, Lot 43 at Oleta Falls is an exceptional place to build your future home. Be sure to review the architect’s conceptual renderings showcasing potential home designs and possible driveway locations for this homesite.

00000 Ashley Bend Trail Unit #43, Hendersonville

Listing courtesy of Keller Williams Biltmore Village. Steven@AshevillesDreamTeam.com
$29,900
4299974 MLS ⋅ ACTIVE Status
Welcome to Oleta Falls, a hidden gem nestled in nature yet close to everything you need. This gated, upscale community offers the charm and serenity of a national forest, complete with a picturesque, covered bridge, community pond, clubhouse, pool, fitness area, and hiking trails—including one leading to a stunning 40-foot waterfall located right within the community. Large lot offers an exceptional opportunity to build your custom mountain retreat. The lot will have access to the phase I community water system, adding convenience to your build process. Enjoy privacy, natural beauty, and a lifestyle that blends outdoor adventure with modern amenities. Oleta Falls is ideally located just minutes from shopping, dining, and local vineyards, offering the perfect balance of seclusion and accessibility. Don’t miss your chance to be part of this truly unique and tranquil mountain community.

110 Stone Valley Way Unit #20, Hendersonville

Listing courtesy of Premier Sotheby’s International Realty. 828-231-1955
$14,900
4276371 MLS ⋅ ACTIVE Status
BEST PRICE IN OLETA FALLS. Build Your Dream Home on 2.08 Acres of Mountain Serenity. Nestled in the private, gated community of Oleta Falls, this stunning mountain lot offers the perfect blend of natural beauty and modern convenience. Surrounded by lush hardwoods and serene mountain views, this homesite provides ample space and privacy, ideal for creating your custom mountain retreat. Residents of Oleta Falls enjoy exclusive access to many acres of preserved green space, scenic hiking trails, a trout-stocked creek, and the breathtaking 40-foot Oleta Falls. Additional amenities include a lodge-style clubhouse, fitness center, pool and kiddie pool. Just a short drive from downtown Hendersonville, with easy access to Asheville and the Blue Ridge Parkway, this property is a rare opportunity to own a piece of Western North Carolina's best-kept secret. Don’t miss your chance to live immersed in nature while enjoying upscale community living.

9999 Stone Valley Way Unit #21 Ph 1, Hendersonville

Listing courtesy of Broker WNC Inc. brokerwnc@gmail.com
$20,000
4215202 MLS ⋅ ACTIVE Status
Nestled in the serene beauty of Oleta Falls, this picturesque 1+ acre lot offers the perfect setting for building your dream home. Located in a private, gated community with just 78 homesites spread across 405 acres, Oleta Falls is the epitome of luxury and tranquility. Wake up to the sounds of nature and enjoy direct access to scenic walking trails that wind through lush forests, leading to a breathtaking 40-foot waterfall. The community is designed for both relaxation and recreation, featuring premium amenities including a clubhouse, outdoor heated pool, kiddie pool, Jacuzzi, and a well-equipped fitness center. Whether you seek a quiet sanctuary or an active, outdoor lifestyle, Oleta Falls offers it all.

0000 Stepp Ridge Court, Hendersonville

Listing courtesy of MACKEY REALTY LLC - AVL. jaywgrimmett@gmail.com
$82,500
4176050 MLS ⋅ ACTIVE Status
Build your dream home in desirable Oleta Falls development. Lot 25 is approximately 2.06 acers and is a short walk to the community center and the Little Hungry River to fish or put your feet in the pond, hike to Oleta Falls from which the community takes it's name. This gated community boasts a community lodge which houses a fitness center and an outdoor heated swimming pool and spa. There are also walking trails throughout the community. A quick drive to Downtown Hendersonville and Asheville with a diverse array of shopping and dining choices, as well as activities including The historical Biltmore Estate, The Pisgah National Forest, With incredible fly fishing and kayaking just minutes away. If you enjoy the out door life style its all here in Oleta Falls.

#25 Oleta Mill Trail, Dana

Listing courtesy of Moffitt Properties. tincherterry137@gmail.com
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“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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