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Active

324 Vanderbilt Road

Asheville, NC 28803

Active 116 days on market Listing ID CAR 301277390

$9,750,000
Est. $58,645/mo20% down · 6.5% · 30-yrAdjust
  • P&I$49,301
  • Taxes$6,094
  • Insurance$3,250

Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.

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$1,122/Sq Ft

9 bd · 5 ba · 8,688 sqft · $1,122/sqft

9 Beds
5 Baths
8,688 Sq Ft
$1,122/Sq Ft
1923 Built
11.26 acres Single Family Residence Biltmore Forest Listed May 28, 2026 Updated May 29, 2026 HOA None

About This Home

Atop one of the most distinguished ridge lines in Biltmore Forest, 324 Vanderbilt Road is a landmark estate of remarkable provenance, scale and architectural significance. Known as New Gunston Hall, the residence was completed in 1923 as one of the first homes ever built in Biltmore Forest and remains among the community’s iconic properties. Inspired by the historic Gunston Hall in Virginia and designed by renowned architect Waddy Butler Wood, the Colonial Revival estate is listed on the National Register of Historic Places and represents a level of craftsmanship and permanence rarely seen today.

Behind its gated entrance, more than 11 acres unfold with a level of privacy, scale and presence rarely found so close to Biltmore Village and downtown Asheville, creating an extraordinary sense of arrival while remaining moments from the city’s premier dining, shopping and cultural amenities. Constructed with enduring materials including Flemish bond brickwork and slate roofing, the home spans approximately 8,688 square feet and balances historic grandeur with refined livability. Extensive renovations completed between 2013 and 2016 thoughtfully preserved the architectural integrity of the residence while incorporating modern systems, updated infrastructure and elevated finishes throughout.

Rich millwork, elegant formal spaces, a distinguished library and meticulously restored details reflect the craftsmanship of another era, while the scale and flow of the home create an environment equally suited for intimate daily living and large-scale entertaining. The grounds are among the estate’s defining features. Rolling lawns, mature trees, formal gardens and exceptional privacy create the feeling of a private country estate tucked within one of the Southeast’s sought-after communities.

Properties of this caliber and historical significance rarely become available, particularly within Biltmore Forest. New Gunston Hall is more than a home, it is a legacy estate with an irreplaceable place in Asheville’s architectural history.

Property Details

Interior Details

Heating
  • Geothermal
Flooring
  • Carpet
  • Wood
Main Level Sq Ft
5616
Room Count
28
Other Sq Ft
1113
Upper Level Sq Ft
3072
Garage Sq Ft
1453
Main Level Bedrooms
3
Lower Level Bedrooms
0
Third Level Bedrooms
0
Upper Level Bedrooms
6
Main Level Full Baths
3
Main Level Half Baths
2
Door Features
  • Pocket Doors
Lower Level Full Baths
0
Third Level Full Baths
0
Upper Level Full Baths
2
Lower Level Half Baths
0
Third Level Half Baths
0
Upper Level Half Baths
0
Half Bathrooms
2
Basement Bedrooms
0
Second Living Quarters Bedrooms
0
Total Bathrooms
7
Window Features
  • Window Treatments
Basement Full Baths
0
Second Living Quarters Full Baths
0
Basement Half Baths
0
Second Living Quarters Half Baths
0
Laundry Features
  • Laundry Room
  • Main Level
  • Multiple Locations
  • Other - See Remarks
Interior Features
  • Attic Walk In
  • Built-in Features
  • Entrance Foyer
  • Kitchen Island
  • Storage
  • Walk-In Closet(s)
  • Walk-In Pantry
Main Level Garage
Yes
Unheated Sq Ft
1529
Unheated Upper Sq Ft
1068
Fireplace Features
  • Gas
  • Keeping Room
  • Living Room
  • Primary Bedroom
  • Wood Burning
  • Other - See Remarks
Unheated Basement Sq Ft
461

Dwelling And Structure

Architectural Style
  • Colonial
  • Georgian
Construction Type
Site Built

Square Footage And Levels

Levels
  • Two
Above Grade Finished Area
8688

Parking And Garage

Parking Features
  • Circular Driveway
  • Attached Garage
  • Garage Faces Side

Exterior Features

Roof
  • Slate
Construction Materials
  • Brick Full
Patio And Porch Features
  • Patio
  • Rear Porch

Lot And Land

Fencing
  • Partial
Lot Features
  • Cleared
  • Level
  • Open Lot
  • Private
  • Wooded
  • Views
Lot Size Acres
11.26
Lot Size Units
Acres
Other Structures
  • Gazebo
  • Greenhouse
  • Outbuilding
  • Shed(s)

Basement And Foundation

Basement
  • Interior Entry
  • Unfinished
Foundation Details
  • Basement

Waterfront And View

View
  • Mountain(s)
  • Year Round

Utilities

Sewer
  • Public Sewer
Utilities
  • Electricity Connected
  • Natural Gas
  • Wired Internet Available
Water Source
  • City

Financial Information

City Taxes Paid To
Biltmore Forest

Zoning And Restrictions

Zoning
R-1
Subject To Ccrs
No
Restrictions
  • Architectural Review
  • Historical

Listed by Alec Cantley (828-989-4487) · Premier Sotheby’s International Realty (828-277-3238)

Location

Address
324 Vanderbilt Road
City
Asheville, NC 28803
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Schools

Elementary
Estes/Koontz
Middle
Valley Springs
High
T.C. Roberson

School assignments may change. Contact the school district to confirm.

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