$9,750,000
 $50,861 est/mo Sourced by Back At You

324 Vanderbilt Road,Asheville, NC 28803

Asheville, NC 28803

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Description

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.

Details

MLS #4376732
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1923
Days On Site96
Listing Provided ByPremier Sotheby’s International Realty | Alec Cantley

Features

Bed(s)9
Bath(s) 7 Total
SQ Feet8,688
Garage6
BasementY
Story(s)2
Acreage11.26
Water FrontYes
Property ViewMountain(s), Year Round

Interior

CoolingCentral Air
HeatingGeothermal
Interior FeaturesAttic Walk In, Built-in Features, Entrance Foyer, Kitchen Island, Storage, Walk-In Closet(s), Walk-In Pantry
Window FeaturesWindow Treatments
AppliancesBar Fridge, Dishwasher, Double Oven, Exhaust Hood, Gas Cooktop, Gas Range, Microwave, Refrigerator, Warming Drawer, Washer/Dryer

Exterior

RoofSlate
Construction MaterialsBrick Full
Foundation DetailsBasement
Lot FeaturesCleared, Level, Open Lot, Private, Wooded, Views

Parking

Garage Yes / NoYes
Parking FeaturesCircular Driveway, Attached Garage, Garage Faces Side

Utilities

UtilitiesElectricity Connected, Natural Gas, Wired Internet Available

Location

Community FeaturesStreet Lights

Other

List AorLand of The Sky Association of Realtors

Taxes

Property5064200

Area Information

StateNC
CountyBuncombe
CityAsheville
Zip Code28803
AreaBuncombe
Community NameBiltmore Forest
School DistrictT.C. Roberson
Elementary SchoolEstes/Koontz
High SchoolT.C. Roberson
Listing VS Median (in Biltmore Forest)
Price:
$9,750,000
low | high
Med:
$2,695,000
100% of Average
sqft:
8,688
low | high
Med:
6,867
70.959944751381% of Average
$ / sqft:
$1,122
low | high
Med:
$392
100% of Average
On site:
96
low | high
Med:
123
78.048780487805% of Average
Sourced by Back At You

Market Activity 28803

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of September 1, 2026 at 4:36:41 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateNC
CountyBuncombe
CityAsheville
Zip Code28803
AreaBuncombe
Community NameBiltmore Forest
School DistrictT.C. Roberson
Elementary SchoolEstes/Koontz
High SchoolT.C. Roberson
Listing VS Median (in Biltmore Forest)
Price:
$9,750,000
low | high
Med:
$2,695,000
100% of Average
sqft:
8,688
low | high
Med:
6,867
70.959944751381% of Average
$ / sqft:
$1,122
low | high
Med:
$392
100% of Average
On site:
96
low | high
Med:
123
78.048780487805% of Average
Sourced by Back At You
Listing Updated: July 1, 2026 at 4:20:54 PM PDT