Oleta Falls Real Estate

Welcome to Oleta Falls, a picturesque subdivision nestled in the heart of Henderson County, North Carolina. This enchanting community is a hidden gem that perfectly combines the tranquility of nature with the conveniences of modern living. Oleta Falls is designed for those who appreciate the beauty of the great outdoors, offering stunning mountain views, lush greenery, and a peaceful atmosphere that invites relaxation and rejuvenation.

One of the standout features of Oleta Falls is its commitment to preserving the natural landscape. Residents can enjoy miles of scenic hiking trails, serene waterfalls, and vibrant wildlife, making it an ideal haven for outdoor enthusiasts. Whether you’re looking to take a leisurely stroll, embark on an adventurous hike, or simply soak in the breathtaking surroundings, Oleta Falls has something for everyone.

The subdivision is also conveniently located near the charming town of Hendersonville, where you can explore local shops, delightful restaurants, and vibrant community events. With its rich history and welcoming atmosphere, Hendersonville offers a perfect blend of small-town charm and modern amenities.

Families will appreciate the highly-rated schools and recreational facilities in the area, ensuring a nurturing environment for children to thrive. Oleta Falls is not just a place to live; it's a lifestyle choice that promotes well-being, community, and connection to nature.

Discover the beauty of Oleta Falls, where your dream home awaits amidst the splendor of Henderson County's breathtaking landscapes. Come and experience the perfect balance of comfort and adventure in this idyllic subdivision!

Newest Listings in Oleta Falls

$1,795,000

4 Beds ⋅ 6 Baths ⋅ 4388350 MLS

Conveniently located only 15 minutes to Ingles, Wal-Mart, Lowes and Petco and just 20 minutes to downtown Hendersonville and restaurants, 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

$97,000

4392554 MLS

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

$89,000

4386038 MLS

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

$1,399,000

4 Beds ⋅ 5 Baths ⋅ 4378849 MLS

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

$1,295,000

3 Beds ⋅ 4 Baths ⋅ 4356812 MLS

ACCEPTING BACKUP OFFERS! 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

$45,000

4356608 MLS

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

$29,900

4299974 MLS

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. See Agent Remarks.

110 Stone Valley Way Unit #20, Hendersonville

$14,900

4276371 MLS

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

$20,000

4215202 MLS

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

$82,500

4176050 MLS

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

$35,000

4103307 MLS

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

$45,000

3908814 MLS

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

Start Your Search

“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither The M Homes Group nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .