INNOVATE
Real Estate
Community Water Fall
Gated Community
Gated Community
Gated Community
Community Common Areas
Community Common Areas
Community Common Areas
Community Lodge
Community Common Areas
photo 11
Community Lodge/Club House
Community Lodge/Club House
Community Lodge/Club House with Fitness Area
photo 15
15 photos

$89,000

Hendersonville, NC 28792
Listed by Sharon Sweeney · Walnut Cove Realty/Allen Tate/Beverly-Hanks
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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.

Property details

MLS #
CAR4386038
Property type
Lot
Subdivision
Oleta Falls
Status
Active
Days on market
N/A
On market date
May 26, 2026
Stories
N/A
Garage spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Dana Elementary
2.2 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
392
Student:teacher ratio
13.5:1
District
Henderson County Schools
Middle
Apple Valley Middle
5.31 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
903
Student:teacher ratio
14.8:1
District
Henderson County Schools
High
Henderson County Early College
5.09 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
204
Student:teacher ratio
34.0:1
District
Henderson County Schools

Mortgage calculator

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Est. monthly payment
$686/mo
$17,800 down
$71,200 loan
Principal & interest$462
Property tax (est.)$74
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 26, 2026.

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.