Phase 1 Community Water is currently $258/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!
Active
Price cut: $13.5K (1/2)
$25,000
87 Stepp Ridge Ct, Hendersonville, NC 28792
--beds
--baths
1.73Acres
Unimproved Land
Built in ----
1.73 Acres Lot
$-- Zestimate®
$--/sqft
$270/mo HOA
What's special
Covered bridgeSeven walking trails
- 399 days |
- 124 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: January 02, 2026 at 08:55am
Listing Provided by:
Vicki Clauson vbowman09@aol.com,
Fathom Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4225468
Facts & features
Property
Features
- Pool features: Community
Lot
- Size: 1.73 Acres
- Features: Paved, Private, Wooded
Details
- Parcel number: 9967620
- Zoning: R3
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Needed
- Water: Community Well, Tap Fee Required
Community & HOA
Community
- Features: Clubhouse, Fitness Center, Gated, Pond, Recreation Area, Walking Trails
- Subdivision: Oleta Falls
HOA
- Has HOA: Yes
- HOA fee: $3,234 annually
- HOA name: IPM
- HOA phone: 828-650-6875
Location
- Region: Hendersonville
Financial & listing details
- Tax assessed value: $56,200
- Annual tax amount: $321
- Date on market: 2/21/2025
- Cumulative days on market: 617 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,042/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/2/2026 | Price change | $25,000-35.1% |
Source: | ||
| 11/12/2025 | Price change | $38,500-3.8% |
Source: | ||
| 2/21/2025 | Listed for sale | $40,000-59.6% |
Source: | ||
| 10/30/2015 | Listing removed | $99,000 |
Source: Keller Williams - Hendersonville #556603 Report a problem | ||
| 5/6/2015 | Listed for sale | $99,000 |
Source: Keller Williams - Hendersonville #556603 Report a problem | ||
| 3/7/2015 | Listing removed | $99,000 |
Source: Mountain Partners LLC dba Keller Williams Realty Mountain Partners #556603 Report a problem | ||
| 3/6/2014 | Listed for sale | $99,000-1% |
Source: Mountain Partners LLC dba Keller Williams Realty Mountain Partners #556603 Report a problem | ||
| 8/22/2012 | Listing removed | $99,992 |
Source: Home Selling Service Report a problem | ||
| 8/3/2012 | Price change | $99,992-25.9% |
Source: Home Selling Service Report a problem | ||
| 3/3/2012 | Price change | $135,000-9.4% |
Source: Owner Report a problem | ||
| 9/29/2011 | Listed for sale | $149,000 |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $321 | $56,200 |
| 2024 | $321 | $56,200 |
| 2023 | $321 +12.5% | $56,200 +38.1% |
| 2022 | $285 | $40,700 |
| 2021 | -- | $40,700 |
| 2020 | $285 | $40,700 |
| 2019 | $285 | $40,700 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: 28792
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 2/10Dana ElementaryGrades: PK-5Distance: 2 mi
- 6/10Apple Valley MiddleGrades: 6-8Distance: 5.2 mi
- 9/10Henderson Co Early College HighGrades: 9-12Distance: 4.6 mi
Schools provided by the listing agent
- Elementary: Dana
- Middle: Flat Rock
- High: East
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 28792
- North Carolina
- Henderson County
- Hendersonville
- 28792
- 87 Stepp Ridge Ct







