324 Vanderbilt Road Asheville, NC $ 9,750,000
324 Vanderbilt Road
$ 9,750,000
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324 Vanderbilt Road

Asheville, NC, 28803
$ 9,750,000
Bedrooms9 Baths5.2 Sq 8,688

Monthly Estimate*

$ 67,341

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Single Family Home for sale in Asheville, NC

for $9,750,000 with 9 bedrooms and 5 full baths, 2 half baths. This 8,688 square foot home was built in 1923 on a lot size of 11.26.

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.

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Single Family Active

Price

$ 9,750,000

Bedrooms

9

Full Bath

5

Half Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Colonial,Georgian

Lot Size

11.26

Year Built

1923

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4376732

Features
General
Living Area 8688
Sewer Public Sewer
Heating Geothermal
Cooling Central Air
Utilities Electricity Connected Natural Gas Wired Internet Available
Roof Slate
Appliances Bar Fridge Dishwasher Double Oven Exhaust Hood Gas Cooktop Gas Range Microwave Refrigerator Warming Drawer Washer/Dryer
Garage Spaces 6
Patio/Porch Features Patio Rear Porch
Architectural Style Colonial Georgian
Construction Materials Brick Full
Year Built 1923
View Mountain(s) Year Round
Levels Two
Property Subtype Single Family Residence
Parcel Number 9647-83-3135-00000
Elevation 2000
Waterfront Features None
Community Features Street Lights
County Buncombe
New Construction N
Property Type Residential
HOA N
Subdivision Name Biltmore Forest
Garage Y/N Y
Other Structures Gazebo Greenhouse Outbuilding Shed(s)
Full Baths 5
High School T.C. Roberson
City Asheville
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Estes/Koontz
Middle/Junior High School Valley Springs
Additional Parcels Y/N N
Virtual Tour https://youtu.be/LhSBz49il0M https://youtu.be/LhSBz49il0M
Standard Status Active
Construction Type Site Built
Restrictions Architectural Review Historical
Tax Assessed Value 5064200
Listing Terms Cash Conventional
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Interior
Interior Amenities Attic Walk In Built-in Features Entrance Foyer Kitchen Island Storage Walk-In Closet(s) Walk-In Pantry
Basement Interior Entry Unfinished
Flooring Carpet Wood
Fireplace Features Gas Keeping Room Living Room Primary Bedroom Wood Burning Other - See Remarks
Basement (Y/N) Y
Window Features Window Treatments
Fireplace Y/N Y
Above Grade Finished Area 8688
Half Baths 2
Laundry Features Laundry Room Main Level Multiple Locations Other - See Remarks
Total Bedrooms 9
Below Grade Finished Area 0
Total Baths 7
SqFt Main 5616
SqFt Lower 0
SqFt Garage 1453
SqFt Upper 3072
Bedroom 3
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Exterior
Fencing Partial
Parking Features Circular Driveway Attached Garage Garage Faces Side
Lot Features Cleared Level Open Lot Private Wooded Views
Water Source City
Lot Size Area 11.26
Foundation Details Basement
Road Surface Type Asphalt Brick Gated Paved
Door Features Pocket Doors
Other Equipment Generator
Road Responsibility Publicly Maintained Road
Horse Amenities None
Main Level Garage YN Y
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Internal Only
Street Number 1 324
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* Excluded Features
List By
Premier Sotheby’S International Realty

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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2649955 Elementary School
2649947 Middle School
T.C. Roberson High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2026$9,750,000 Listed Price

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324 Vanderbilt Road, Asheville, NC, 28803 is a Single Family Home for sale at $9,750,000 with 8,688 sqft and a lot size of 11.26. 324 Vanderbilt Road has 9 bedrooms, 5.2 baths, and was built in 1923. The property's zip code is 28803 which is in Asheville, NC