324 Vanderbilt Road Asheville, NC 28803 -- MLS# 4376732

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324 Vanderbilt Road
Asheville, NC 28803
FOR SALE · Active
$9,750,000
9
Beds
7
Baths
6
Garage
1923
Yr. Built
MLS# 4376732
Cumulative Days on Market: 144 · Includes prior listings · Currently listed since 05/28/26 · Data provided by the MLS.

Property 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.

Property Highlights

Property Type
Residential
Property Sub Type
Single Family Residence
Architectural Style
Colonial, Georgian
Bedrooms
9
Total Bathrooms
7
Living Area
8,688
Price / Sqft
$1,122
Year Built
1923
Cumulative Days on Market
144

Location

City/Township
Asheville
View
Mountain(s), Year Round
Subdivision
Biltmore Forest
County
Buncombe

Lake/Waterfront Information

Waterfront Features
None

Property Details

Price
$9,750,000
Property Type
Residential
Property Sub Type
Single Family Residence

Building

Levels
Two

Community

Community Features
Street Lights

Local Schools

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

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
7
Full Bathrooms
5
1/2 Bathrooms
2
Bedrooms
9

Rooms and Basement

Basement Features
Interior Entry, Unfinished

Area and Spaces

Living Area
8,688
Above Grade Finished Area
8,688

Appliances

Appliances
Bar Fridge, Dishwasher, Double Oven, Exhaust Hood, Gas Cooktop, Gas Range, Microwave, Refrigerator, Warming Drawer, Washer/Dryer

Interior Features

Interior Features
Attic Walk In, Built-in Features, Entrance Foyer, Kitchen Island, Storage, Walk-In Closet(s), Walk-In Pantry
Flooring
Carpet, Wood
Laundry Features
Laundry Room, Main Level, Multiple Locations, Other - See Remarks
Door Features
Pocket Doors
Window Features
Window Treatments
Fireplace Features
Gas, Keeping Room, Living Room, Primary Bedroom, Wood Burning, Other - See Remarks

Heating and Cooling

Heating Features
Geothermal
Has Fireplace
Yes

Building Details

Construction

Architectural Style
Colonial, Georgian
Year Built
1923
Foundations
Basement

Materials

Construction Materials
Brick Full
Roof
Slate

Terms

Terms

Special Conditions
None
Special Terms
Cash, Conventional
Cumulative Days on Market
144

Taxes

Tax

Tax Assessed Value
5064200.00

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

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

Lot

Lot Size
11.26
Lot Features
Cleared, Level, Open Lot, Private, Wooded, Views
Road Surface
Asphalt, Brick, Gated, Paved

Exterior Features

Patio And Porch Features
Patio, Rear Porch
Fencing
Partial
Horse Amenities
None

Parking

Garage Capacity
6
Parking Features
Circular Driveway, Attached Garage, Garage Faces Side
Listed by Premier Sotheby’s International Realty, 828-989-4487
Listing Data last updated 10/19/2026 07:20 pm
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Property History

5 days ago
Property information last updated
144 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 144 days (includes prior listings) · Currently listed since May 28, 2026. Data provided by the MLS.

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