
$1,095,000 $501/sqft
511 Wilma Dykeman Trail
Asheville, NC 28804
3 bd · 2 ba · 2,186 sqft · 2025 · 17 d ago
Olivette is a 411-acre riverfront agrihood on the French Broad River, roughly 15 minutes and less than seven miles from downtown Asheville.
Community overview based on MLS listing data for Olivette, Asheville
Olivette is a 411-acre riverfront agrihood on the French Broad River, roughly 15 minutes and less than seven miles from downtown Asheville. The neighborhood pairs a working four-season organic farm with a broad network of preserved land, so the setting shifts between riverbank, orchard, pasture, and wooded ridge. Current offerings run from homesites in the low-to-mid $200,000s to custom residences above $2 million, and closed sales show the built-home side of the neighborhood regularly trading well above $1 million.
The shared setting is the main draw. Residents have access to a 7-acre riverfront park, a private island reached by suspended bridge, pavilion gathering spaces, a fire-circle amphitheater, a labyrinth, community gardens, orchards, and a dog park. Trails are a defining part of the neighborhood identity; remarks repeatedly describe walking and biking routes through the community, and several recent listings cite an eight-mile network linking homesites, the farm, and riverfront overlooks.
Olivette’s housing stock is still young, with residential listings built from 2016 through 2025. The finished homes lean custom and design-forward: modern farmhouses, mountain modern plans, open main living areas, main-level primary suites, finished lower levels, and generous covered porches or wraparound decks appear throughout the listing history. Sustainability is part of the physical character rather than a side note. Geothermal systems, strong HERS targets, solar installations, passive-solar siting, and Green Built construction show up across both current offerings and closed sales.
The land itself ranges from smaller easy-build parcels to estate-style homesites around two acres, and the strongest sites emphasize long-range mountain views, river outlooks, southern exposure, and wooded privacy. Among streets with repeat closed home sales, Crossvine Alley holds the strongest average pricing, while River Run carries the deepest history of river-oriented custom resales.
Olivette sits in West Buncombe along the French Broad River valley, giving the neighborhood a rural edge without cutting it off from Asheville. Listing remarks consistently frame downtown Asheville and Weaverville as a short drive, while the infrastructure is notably modern for a low-density setting: underground utilities, city water and sewer, state-maintained roads, and fiber internet appear across the listing history. School assignments tied to the community rollup point to West Buncombe/Eblen Elementary and Clyde A. Erwin Middle and High.
Olivette is a neighborhood where custom homes, build-ready homesites, food-growing space, and French Broad riverfront all share the same address.
Palmetto Park Realty Team · Asheville
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Showing 1-48+ recently sold in Olivette, Asheville
| Property | Sold | List Price | DOM | Size | List $/SF |
|---|---|---|---|---|---|
| | Jun 29 2026 | $795,000 | 105 | 1,848 sq ft | $430 |
| | Dec 9 2025 | $1,535,000 | 34 | 2,528 sq ft | $607 |
| | Oct 15 2025 | $158,800 | 386 | — | — |
| | Jul 25 2025 | $1,150,000 | 50 | 2,523 sq ft | $456 |
| | Jul 2 2025 | $1,600,000 | 33 | 2,502 sq ft | $639 |
| | Jun 20 2025 | $1,275,000 | 50 | 2,470 sq ft | $516 |
| | Apr 30 2025 | $188,300 | 49 | — | — |
| | Apr 30 2025 | $188,300 | 49 | — | — |
| | Mar 28 2025 | $155,000 | 276 | — | — |
| | Mar 20 2025 | $295,000 | 380 | — | — |
| | Nov 12 2024 | $599,000 | 186 | — | — |
| | Oct 23 2024 | $269,000 | 258 | — | — |
| | Sep 5 2024 | $155,000 | 895 | — | — |
| | Aug 26 2024 | $289,000 | 104 | — | — |
| | Aug 7 2024 | $1,750,000 | 110 | 2,840 sq ft | $616 |
| | Jul 24 2024 | $199,000 | 126 | — | — |
| | Jul 17 2024 | $269,000 | 46 | — | — |
| | Apr 23 2024 | $159,000 | 1068 | — | — |
| | Apr 5 2024 | $205,000 | 184 | — | — |
| | Apr 3 2024 | $279,000 | 55 | — | — |
| | Mar 22 2024 | $165,000 | 728 | — | — |
| | Feb 29 2024 | $819,000 | 77 | 1,990 sq ft | $412 |
| | Feb 22 2024 | $1,080,000 | 209 | 2,196 sq ft | $492 |
| | Jan 17 2024 | $1,995,000 | 462 | 4,193 sq ft | $476 |
| | Nov 21 2023 | $259,000 | 127 | — | — |
| | Nov 21 2023 | $269,000 | 127 | — | — |
| | Nov 21 2023 | $279,000 | 127 | — | — |
| | Oct 31 2023 | $299,000 | 104 | — | — |
| | Sep 25 2023 | $195,000 | 368 | — | — |
| | Aug 15 2023 | $1,070,000 | 26 | 2,296 sq ft | $466 |
| | Aug 15 2023 | $155,000 | 26 | — | — |
| | Jun 26 2023 | $269,000 | 41 | — | — |
| | Jun 23 2023 | $269,000 | 38 | — | — |
| | Jun 21 2023 | $249,000 | 35 | — | — |
| | Jun 20 2023 | $350,000 | 35 | — | — |
| | Jun 2 2023 | $349,000 | 17 | — | — |
| | May 25 2023 | $275,000 | 42 | — | — |
| | May 1 2023 | $1,475,000 | 74 | 2,448 sq ft | $603 |
| | Apr 25 2023 | $225,000 | 208 | — | — |
| | Apr 11 2023 | $235,000 | 333 | — | — |
| | Mar 29 2023 | $195,000 | 371 | — | — |
| | Feb 17 2023 | $1,299,000 | 184 | 2,021 sq ft | $643 |
| | Dec 21 2022 | $141,000 | 271 | — | — |
| | Nov 18 2022 | $124,100 | 238 | — | — |
| | Nov 15 2022 | $225,000 | 200 | — | — |
| | Oct 31 2022 | $153,000 | 335 | — | — |
| | Oct 31 2022 | $153,000 | 335 | — | — |
| | Oct 31 2022 | $153,000 | 335 | — | — |
Aggregated from MLS listing history for Olivette, Asheville
The Olivette real estate market shows buyer's market conditions. Homes typically sell within 92 days. With 19 active listings and 4 homes sold in the past year, buyers have more negotiating power and time to decide.
Listings taken off the market in the past year in Olivette, Asheville
Asheville, NC 28804
Asheville, NC 28804
4 bd · 2 ba · 2,528 sqft
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