324 Vanderbilt Road, Asheville NC
- 9 Bed
- 7 Bath
- 5616 ft2
- 11.3 ac
For Sale $9,750,000
Remarks:
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.
Interior Features:
Attic Walk In, Built-in Features, Entrance Foyer, Kitchen Island, Storage, Walk-In Closet(s), Walk-In Pantry
General Information:
| List Price: | $9,750,000 |
| Status: | For Sale |
| Bedrooms: | 9 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 5616 sqft |
| Parking: | Circular Driveway, Attached Garage, Garage Faces Side |
| MLS Number: | CAR4376732 |
| Subdivision: | Biltmore Forest |
| Style: | Colonial, Georgian |
| Bathrooms: | 7 |
| Lot Description: | Cleared, Level, Open Lot, Private, Wooded, Views |
| Year Built: | 1923 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Estes/Koontz |
| Middle: | Valley Springs |
| High: | T.C. Roberson |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 06-08-2026 | Listed | $9,750,000 | $1,737 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Oakley Elementary | 2 miles | KG-05 | 4 |
| Hall Fletcher Elementary | 3 miles | PK-05 | 2 |
| Isaac Dickson Elementary | 4 miles | PK-05 | 9 |
| Haw Creek Elementary | 4 miles | KG-05 | 7 |
| Francine Delany New School for Children | 4 miles | KG-06 | 9 |
| Charles C Bell Elementary | 4 miles | KG-05 | 8 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 324 Vanderbilt Road, Asheville NC | 0 mi | $9,750,000 | days | |
| 325 Vanderbilt Road, Asheville NC | 0.1 mi | $1,398,000 | days | |
| 60 Shiloh Road, Asheville NC | 0.2 mi | $330,000 | days | |
| 926 Chapel Road, Asheville NC | 0.2 mi | $375,000 | days | |
| 12 Center Street, Asheville NC | 0.3 mi | $409,000 | days | |
| 18 Forest Road, Asheville NC | 0.3 mi | $1,510,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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Mortgage Calculator
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28803
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Premier Sotheby’s International Realty
324 Vanderbilt Road, Asheville NC is a 5616 ft2 on a 11.260 acres lot. This is for $9,750,000. This has 9 bedrooms, 7 baths, and was built in 1923.
Based on information submitted to the MLS GRID as of 2026-06-08 11:16:06 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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