$9,750,000

324 Vanderbilt Rd Asheville, NC 28803

Estimated payment $54,331/month

9 Beds
7 Baths
8,688 Sq Ft
$1,122 Price per Sq Ft

Highlights

  • Greenhouse
  • 11.26 Acre Lot
  • Mountain View
  • T.C. Roberson High School Rated A
  • Colonial Architecture
  • Fireplace in Primary Bedroom

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.

Listing Agent

Alec Cantley

Premier Sotheby’s International Realty Brokerage Phone: 828-989-4487 License #271844 Listed on: 05/28/2026

Premier Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 11.26 Acre Lot
  • Gated Home
  • Partially Fenced Property
  • Private Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • 6 Car Attached Garage
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Georgian Architecture
  • Slate Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Built-In Features
  • Bar Fridge
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Pocket Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Storage
  • Keeping Room with Fireplace
  • Mountain Views
  • Unfinished Basement
  • Interior Basement Entry
  • Walk-In Attic

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Patio
  • Greenhouse
  • Gazebo
  • Shed
  • Outbuilding
  • Rear Porch

Schools

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

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Power Generator

Community Details

  • No Home Owners Association
  • Biltmore Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9647-83-3135-00000

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

11.26 Acres

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Georgian
  • Year Built: 1923
  • Restrictions: Architectural Review,Historical
  • Road Surface Type: Asphalt, Brick, Gated, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 1122.24
  • Property Sub Type Additional: None
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: 828-989-4487
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Attic Walk In, Built-in Features, Entrance Foyer, Kitchen Island, Storage, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 5616
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 461
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1529
  • Sq Ft Unheated Upper: 1068
  • Sq Ft Upper: 3072
  • Appliances: Bar Fridge, Dishwasher, Double Oven, Exhaust Hood, Gas Cooktop, Gas Range, Microwave, Refrigerator, Warming Drawer, Washer/Dryer
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 8688
  • Has Basement: Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 9
  • Door Features: Pocket Doors
  • Fireplace Features: Gas, Keeping Room, Living Room, Primary Bedroom, Wood Burning, Other - See Remarks
  • Living Area: 8688
  • Window Features: Window Treatments
  • Bedroom Main: 3
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Slate
  • Construction Type: Site Built
  • Fencing: Partial
  • Pool Private: No
  • View: Mountain(s), Year Round
  • Waterfront Features: None
  • Construction Type: Brick Full
  • Other Structures: Gazebo, Greenhouse, Outbuilding, Shed(s)
  • Patio And Porch Features: Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Circular Driveway, Attached Garage, Garage Faces Side

Utilities

  • Heating: Geothermal
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level, Multiple Locations, Other - See Remarks
  • Cooling: Central Air
  • Utilities: Electricity Connected, Natural Gas, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Street Lights
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Valley Springs
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Level, Open Lot, Private, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 9647-83-3135-00000
  • Plat Book Slide: 2/39
  • Horse Amenities: None
  • Lot Size Acres: 11.26
  • Additional Parcels: No
  • Zoning Specification: R-1

MLS Schools

  • Elementary School: Estes/Koontz
  • High School: T.C. Roberson

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,556 $3,175,900 $2,432,800 $743,100
2024 $17,556 $3,391,800 $2,442,800 $949,000
2023 $17,556 $3,391,800 $2,442,800 $949,000
2022 $16,552 $3,391,800 $0 $0
2021 $16,552 $3,391,800 $0 $0
2020 $14,379 $2,718,200 $0 $0
2019 $14,379 $2,718,200 $0 $0
2018 $14,379 $2,718,200 $0 $0
2017 $14,651 $2,236,900 $0 $0
2016 $13,511 $2,236,900 $0 $0
2015 $13,518 $2,236,900 $0 $0
2014 $11,231 $1,858,200 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2026 05/28/26 For Sale $9,750,000 +427.0% $1,122 / Sq Ft
12/03/2012 12/03/12 Sold $1,850,000 -26.0% $245 / Sq Ft View Prior Sale
11/21/2012 11/21/12 Pending -- -- --
08/22/2011 08/22/11 For Sale $2,500,000 -- $331 / Sq Ft
Source: Canopy MLS

Source: Canopy MLS

MLS Number: 4376732

Canopy MLS
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