$1,400,000

500 Oleta Mill Trail Hendersonville, NC 28792

Estimated payment $8,377/month

Total Views 1,066
3 Beds
5 Baths
5,107 Sq Ft
$274 Price per Sq Ft

Highlights

  • Water Views
  • Open Floorplan
  • Deck
  • Fitness Center
  • Clubhouse
  • Private Lot

About This Home

Experience the best of luxury mountain living, just 15 minutes from downtown Hendersonville. Thoughtfully designed for ease and elegance, this ADA-compliant home is ideal for all stages of life or multigenerational living. Every detail feels intentional—radiant floor heating throughout (even in the garage), the vaulted great room with timber post & beams, a dramatic stone fireplace, and walls of windows that bring the outdoors in. The lower level is fully finished, echos the home's high-end finishes, and is accessible by a dramatic spiral staircase and elevator. Set within the gated Oleta Falls community, residents enjoy 8 hiking trails, waterfalls, a river, clubhouse, pool, and fitness center, a rare mix of luxury and nature.

Listing Agent

Evelyn Clifford

EXP Realty LLC Brokerage Email: evelyn@livinginasheville.com License #329189 Listed on: 08/06/2025

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,599

Year Built

  • Built in 2008

Lot Details

  • Private Lot
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot
  • Property is zoned R3

HOA Fees

  • $282 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Built-In Features
  • Bar Fridge
  • Gas Fireplace
  • Propane Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Water Views
  • Pull Down Stairs to Attic
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Built-In Double Convection Oven
  • Electric Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Access to stream, creek or river
  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace

Schools

  • Dana Elementary School
  • Flat Rock Middle School
  • East High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Radiant Heating System
  • Heating System Uses Propane
  • Underground Utilities
  • Propane
  • Community Well
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0508396739

Community Details

Overview

  • Ipm Management Association, Phone Number (828) 650-6875
  • Oleta Falls Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,599

Year Built

Built in 2008

Lot Details

0

HOA Fees

$282 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2008
  • Restrictions: Architectural Review,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 274.13
  • Geocode Confidence: High
  • Attribution Contact: evelyn@livinginasheville.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-in Features, Cable Prewire, Central Vacuum, Elevator, Kitchen Island, Open Floorplan, Walk-In Closet(s), Wet Bar, Whirlpool
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2889
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Double Oven, Dryer, Electric Cooktop, Electric Water Heater, Exhaust Hood, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Warming Drawer, Wine Refrigerator
  • Other Equipment: Surround Sound
  • Above Grade Finished Sq Ft: 2889
  • Accessibility Features: Two or More Access Exits
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 2218
  • Door Features: Insulated Door(s)
  • Fireplace Features: Family Room, Gas Log, Gas Starter, Gas Vented, Great Room, Outside, Propane
  • Living Area: 5107
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 16
  • Bedroom Basement: 2

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Water
  • Waterfront Elevation: 2000
  • Construction Type: Stone, Wood
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 670
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Parking Space(s)

Utilities

  • Heating: Heat Pump, Propane, Radiant, Zoned
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Utilities: Propane, Underground Utilities
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Outdoor Pool, Recreation Area, Walking Trails
  • Association Fee: 3383
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: IPM Management
  • Phone: 828-650-6875

Association/Amenities

  • Association Annual Expense: 3383.00

Schools

  • Middle Or Junior School: Flat Rock
  • HOA Subject To: Required

Lot Info

  • Lot Features: Paved, Private, Sloped, Creek/Stream, Wooded
  • Lot Size Area: 1.27
  • Lot Size Units: Acres
  • Parcel Number: 0508396739
  • Plat Reference Section Pages: 2001/3921
  • Horse Amenities: None
  • Additional Parcels: No
  • Zoning Specification: R3

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Dana
  • High School: East

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,599 $993,800 $225,300 $768,500
2024 $5,599 $980,600 $225,300 $755,300
2023 $5,599 $980,600 $225,300 $755,300
2022 $4,527 $645,800 $120,300 $525,500
2021 $4,527 $630,700 $120,300 $510,400
2020 $4,421 $630,700 $0 $0
2019 $4,421 $630,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 For Sale $1,400,000 +57.7% $274 / Sq Ft
10/27/2020 10/27/20 Sold $888,000 -3.5% $174 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $920,000 -- $180 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $888,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $328,200 New Conventional
Previous Owner $333,824 New Conventional
Previous Owner $345,000 New Conventional
Previous Owner $341,500 New Conventional
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4283738

Canopy MLS (Canopy Realtor® Association)

APN: 9967619