Search Oleta Falls Properties

Oleta Falls Homes and Land for Sale Near Hendersonville, NC

Quick answer: Oleta Falls is a gated mountain community in Henderson County with custom homes, homesites, wooded terrain, and community amenities that current MLS information identifies as including a clubhouse, fitness center, outdoor pool, picnic or recreation areas, and walking trails.

For buyers who want a private mountain setting while remaining within practical driving distance of Hendersonville, Oleta Falls is worth comparing with other custom-home and homesite communities in the area.

Mountain Setting and Homesites

Current MLS listings in Oleta Falls include both completed homes and vacant homesites. Lots can vary significantly by slope, privacy, view potential, road access, and utility setup, so each property should be evaluated individually.

Recent listings reference private roads, wooded terrain, community water on some properties, and septic systems or septic needs depending on the lot.

Community Features

  • Gated mountain setting
  • Custom homes and vacant homesites
  • Clubhouse
  • Fitness center
  • Outdoor pool
  • Walking trails
  • Picnic and recreation areas
  • Wooded lots and mountain-view opportunities

Amenities, dues, utility arrangements, and association responsibilities can change, so buyers should verify the current documents for the specific property they are considering.

Oleta Falls Homes and Land for Sale

Current Oleta Falls homes and land are displayed below from the MLS. Because inventory can include both finished homes and unimproved lots, overall price ranges can be broad and should not be treated as a single measure of home value.

Oleta Falls FAQs

Is Oleta Falls gated?

Yes. Current MLS information identifies Oleta Falls as a gated community.

Can I buy land and build in Oleta Falls?

Yes. MLS inventory can include vacant homesites as well as completed homes. Buyers planning to build should review architectural guidelines, site preparation, utilities, driveway access, and septic feasibility before purchasing.

What amenities are available?

Current MLS information references a clubhouse, fitness center, outdoor pool, walking trails, and picnic or recreation areas. Buyers should confirm current access and association details.

What should I check before buying a homesite?

Review slope, building envelope, driveway access, utility availability, septic requirements, road responsibility, architectural rules, and likely construction costs.

How close is Oleta Falls to Hendersonville?

Recent listings describe the community as within practical driving distance of downtown Hendersonville, although actual travel time varies by property location and route.

Buying or Building in Oleta Falls

Frisbee Real Estate can help you compare finished homes and homesites and evaluate the practical differences between Oleta Falls and other mountain communities in Henderson County.

Ask Frisbee Real Estate About Oleta Falls

Compare Mountain Communities

Also explore Grand Highlands at Bearwallow, Somersby Park, or our mountain-view and custom-home community guide.

Oleta Falls Homes and Land for Sale

211 Boulder Ridge Drive, Hendersonville
$1,399,000
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
137 Bear Landing Drive, Hendersonville
$1,385,000
3 Beds ⋅ 4 Baths ⋅ 4422900 MLS ⋅ ACTIVE UNDER CONTRACT Status
Set amid the natural beauty of Oleta Falls, 137 Bear Landing Drive is a distinctive post-and-beam mountain residence offering year-round views, generous living spaces and a wonderful connection to its wooded surroundings. A flagstone walkway and covered front porch create an inviting arrival, while substantial timber beams, tongue-and-groove ceilings, hardwood floors and Craftsman-style windows define the home's warm mountain character. At the heart of the home, the vaulted great room is anchored by a dramatic stone wood-burning fireplace and opens to an adjoining sitting area. The kitchen is equally suited to entertaining and everyday living, featuring granite countertops, a butcher-block island with bar seating, six-burner Dacor gas range, Dacor wall oven and an oversized walk-in pantry with custom built-ins. A wet bar, formal dining area and additional gas-log fireplace extend the home's gathering spaces, with easy access to the side patio and built-in fire pit. The main-level primary suite is privately positioned in its wing and features a vaulted ceiling and glass French doors opening to an enclosed sunroom with deck access. The spacious bath includes dual granite vanities, a jetted soaking tub, tiled walk-in shower and walk-in closet with built-ins. An open loft adds flexible space above, while the lower level offers a family room with a second wood-burning fireplace, three additional bedrooms, including an en-suite and two sharing a Jack-and-Jill bath, abundant storage and access to a covered patio. Outside, mature woods, natural boulder landscaping and a water feature complement the mountain setting, while multiple decks and patios provide inviting spaces to enjoy the views and changing seasons. Residents of gated Oleta Falls enjoy a setting devoted to preserving the natural beauty of the mountains, with a lodge-style clubhouse, heated pool and spa, fitness center, miles of hiking trails, a private 40-foot waterfall, fishing pond, covered bridge and extensive preserved acreage along the Little Hungry River. Just minutes from Hendersonville, this is a property that pairs the character of a mountain retreat with the space and amenities for comfortable year-round living.

137 Bear Landing Drive, Hendersonville

Listing courtesy of Premier Sotheby’s International Realty. 828-989-4487
239 Stone Valley Way, Hendersonville
$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, awe-inspiring 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
1034 Oleta Mill Trail Unit #49, Hendersonville
$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
#25 Oleta Mill Trail, Dana
$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
275 Stone Valley Way Unit #11, Hendersonville
$69,000
4437316 MLS ⋅ ACTIVE Status
Escape to the extraordinary in Oleta Falls, Hendersonville’s premier gated sanctuary. Nestled at the end of a quiet cul-de-sac, this exceptional 1.35-acre lot offers a gently sloped, highly buildable canvas for your custom mountain home. With selective clearing, you can unlock spectacular mountain views framed by a canopy of mature hardwoods. Located in Phase 1, this parcel enjoys convenient access to community water and high-speed wired internet. Beyond your private acreage lies a nature lover’s dream: 100 acres of preserved green space, miles of private hiking trails, an historic-style covered bridge, and the community’s crown jewel—a majestic 40-foot waterfall. Residents also enjoy top-tier amenities, including a lodge-style clubhouse, fitness center, and outdoor pool—all just 20 minutes from vibrant downtown Hendersonville.

275 Stone Valley Way Unit #11, Hendersonville

Listing courtesy of Walnut Cove Realty/Allen Tate/Beverly-Hanks. sharon@walnutcoverealty.com
00000 Ashley Bend Trail Unit #43, Hendersonville
$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
23 Overlook Park Drive Unit #48, Hendersonville
$45,000
3908814 MLS ⋅ ACTIVE Status
Beautiful 2.90-acre corner lot located in the gated community of Oleta Falls. This property offers mountain views. This community is known for its stunning 40-foot waterfall. This community has 100-acres of common areas with a covered bridge, trout pond, hiking trails, waterfalls, a lodge style clubhouse with fitness center, pool and jacuzzi. This community is located within minutes of Historic Hendersonville which boasts an array of shops, boutiques, art galleries, antique stores, museums, an aquarium, and a variety of restaurants. Downtown Hendersonville hosts many activities including the Apple Festival, car shows, art shows and parades throughout the year. From May to October the "Bearfootin" Public Art Walk features fiberglass bears with different themes located on the sidewalks of Main Street. Come build your home in this beautiful community close to area amenities and attractions.

23 Overlook Park Drive Unit #48, Hendersonville

Listing courtesy of Keller Williams Professionals. charmain@kw.com
68 Stepp Ridge Court, Hendersonville
$35,000
4103307 MLS ⋅ ACTIVE Status
Surround yourself with the tranquility of natural beauty at Oleta Falls! Lovely 1.32 acre lot, located within this gated and private community! Oleta Falls sits on over 400 acres, with over 200 acres being designated as a nature preserve! The community is limited to 78 residences, so you'll always be able to enjoy your own private slice of mountain living! There's no shortage of amenities here, from the community lodge, luxurious heated pool and sauna, and fitness center! You'll also enjoy 6 different hiking trails, a 40-ft waterfall, and the "Little Hungry" river that flows through the neighborhood! The lot itself is positioned just a short distance from the main entrance gate within a quiet cul-de-sac. With this privacy, you would never guess that in under 20 minutes, you can arrive in Hendersonville, with one of the best Downtown scenes around, complete with a myriad of restaurants, & boutiques, live music! Get ready to live your very best life in the mountains!

68 Stepp Ridge Court, Hendersonville

Listing courtesy of Real Broker, LLC. enjoytheupstate@gmail.com
180 Overlook Park Drive Unit #51, Hendersonville
$29,900
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.

180 Overlook Park Drive Unit #51, Hendersonville

Listing courtesy of Coldwell Banker Caine/Williams. ktamburro@cbcaine.com
0000 Stepp Ridge Court, Hendersonville
$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
87 Stepp Ridge Court, Hendersonville
$18,000
4439465 MLS ⋅ ACTIVE Status
Phase 1 Community Water is currently $211/quarter. Oleta Falls is a beautiful, gated, one-of-a-kind community which feels like a national park! Enjoy the Little Hungry River running through it, the covered bridge, the seven walking trails and the pond. Enjoy the community lodge, pool, spa, kiddie pool and fitness area. Walk to the private 40 foot waterfall!!! Build your dream home here and enjoy the best of both worlds: upscale living with that in-the-woods nestled feeling!

87 Stepp Ridge Court, Hendersonville

Listing courtesy of Fathom Realty. vbowman09@aol.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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