324 Vanderbilt Road
Asheville, NC 28803
Est. $61,894/mo20% down · 7.125% · 30-yrAdjust
- P&I$52,550
- Taxes$6,094
- Insurance$3,250
- PMI$0
- HOA$0
Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.
$1,122/Sq Ft
9 bd · 5 ba · 8,688 sqft · $1,122/sqft
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 history
-
May 28, 2026Listed for sale $9,750,000 ActiveListed 130 Days
-
Dec 3, 2012Sold $1,850,000 ClosedListed $2,500,000 · Aug 22, 2011 469 days on market
-
Aug 22, 2011Previously listed $2,500,000 Closed
Property Details
Interior Details
- Heating
- Geothermal
- Flooring
- Carpet
- Wood
- Room Count
- 28
- Other Sq Ft
- 1113
- Garage Sq Ft
- 1453
- Door Features
- Pocket Doors
- Half Bathrooms
- 2
- Unheated Sq Ft
- 1529
- Total Bathrooms
- 7
- Window Features
- Window Treatments
- Laundry Features
- Laundry Room
- Main Level
- Multiple Locations
- Other - See Remarks
- Main Level Sq Ft
- 5616
- Basement Bedrooms
- 0
- Interior Features
- Attic Walk In
- Built-in Features
- Entrance Foyer
- Kitchen Island
- Storage
- Walk-In Closet(s)
- Walk-In Pantry
- Main Level Garage
- Yes
- Upper Level Sq Ft
- 3072
- Fireplace Features
- Gas
- Keeping Room
- Living Room
- Primary Bedroom
- Wood Burning
- Other - See Remarks
- Basement Full Baths
- 0
- Basement Half Baths
- 0
- Main Level Bedrooms
- 3
- Lower Level Bedrooms
- 0
- Third Level Bedrooms
- 0
- Unheated Upper Sq Ft
- 1068
- Upper Level Bedrooms
- 6
- Main Level Full Baths
- 3
- Main Level Half Baths
- 2
- Lower Level Full Baths
- 0
- Lower Level Half Baths
- 0
- Third Level Full Baths
- 0
- Third Level Half Baths
- 0
- Upper Level Full Baths
- 2
- Upper Level Half Baths
- 0
- Unheated Basement Sq Ft
- 461
- Second Living Quarters Bedrooms
- 0
- Second Living Quarters Full Baths
- 0
- Second Living Quarters Half Baths
- 0
Dwelling And Structure
- Construction Type
- Site Built
- Architectural Style
- Colonial
- Georgian
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
- Restrictions
- Architectural Review
- Historical
- Subject To Ccrs
- No
Listed by Alec Cantley (828-989-4487) · Premier Sotheby’s International Realty (828-277-3238)
Location
- Address
- 324 Vanderbilt Road
- City
- Asheville, NC 28803
- Community
- Biltmore Forest
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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