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.
Active
$9,750,000
324 Vanderbilt Rd, Asheville, NC 28803
9beds
8,688sqft
Single Family Residence
Built in 1923
11.26 Acres Lot
$9,073,500 Zestimate®
$1,122/sqft
$-- HOA
What's special
Gated entranceDistinguished libraryExceptional privacyFormal gardensRich millworkMeticulously restored detailsMature trees
- 15 days |
- 6,545 |
- 297 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Alec Cantley 828-989-4487,
Premier Sotheby’s International Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4376732
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom half
- Level: Main
Bathroom half
- Level: Main
Bathroom full
- Level: Upper
Bathroom full
- Level: Upper
Other
- Level: Main
Basement
- Level: Basement
Bonus room
- Level: Upper
Breakfast
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Laundry
- Level: Main
Library
- Level: Main
Living room
- Level: Main
Loft
- Level: Upper
Media room
- Level: Upper
Other
- Level: Main
Sunroom
- Level: Main
Heating
- Geothermal
Cooling
- Central Air
Appliances
- Included: Bar Fridge, Dishwasher, Double Oven, Exhaust Hood, Gas Cooktop, Gas Range, Microwave, Refrigerator, Warming Drawer, Washer/Dryer
- Laundry: Laundry Room, Main Level, Multiple Locations, Other
Features
- Built-in Features, Kitchen Island, Storage, Walk-In Closet(s), Walk-In Pantry
- Flooring: Carpet, Wood
- Doors: Pocket Doors
- Windows: Window Treatments
- Basement: Interior Entry,Unfinished
- Attic: Walk-In
- Fireplace features: Gas, Keeping Room, Living Room, Primary Bedroom, Wood Burning, Other - See Remarks
Interior area
- Total structure area: 8,688
- Total interior livable area: 8,688 sqft
- Finished area above ground: 8,688
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Circular Driveway, Attached Garage, Garage Faces Side, Garage on Main Level
- Attached garage spaces: 6
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Rear Porch
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s), Year Round
- Waterfront features: None
Lot
- Size: 11.26 Acres
- Features: Cleared, Level, Open Lot, Private, Wooded, Views
Details
- Additional structures: Gazebo, Greenhouse, Outbuilding, Shed(s)
- Parcel number: 964783313500000
- Zoning: R-1
- Special conditions: Standard
- Other equipment: Generator
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial,Georgian
- Property subtype: Single Family Residence
Materials
- Brick Full
- Roof: Slate
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Electricity Connected, Wired Internet Available
Community & HOA
Community
- Features: Street Lights
- Subdivision: Biltmore Forest
Location
- Region: Asheville
- Elevation: 2000 Feet
Financial & listing details
- Price per square foot: $1,122/sqft
- Tax assessed value: $5,064,200
- Annual tax amount: $17,359
- Date on market: 5/28/2026
- Cumulative days on market: 16 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt, Brick, Paved
Estimated market value
$9,073,500
$8.44M - $9.53M
$3,164/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Listed for sale | $9,750,000+427%$1,122/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4376732 Report a problem | ||
| 12/3/2012 | Sold | $1,850,000$213/sqft |
Source: Canopy MLS as distributed by MLS GRID #NCM505195 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,359 -1.1% | $3,175,900 -6.4% |
| 2024 | $17,556 +3.9% | $3,391,800 |
| 2023 | $16,891 +2% | $3,391,800 |
| 2022 | $16,552 | $3,391,800 |
| 2021 | $16,552 +15.1% | $3,391,800 +24.8% |
| 2020 | $14,379 | $2,718,200 |
| 2019 | $14,379 | $2,718,200 |
| 2018 | $14,379 | $2,718,200 +21.5% |
| 2017 | $14,379 -1.9% | $2,236,900 |
| 2016 | $14,651 +8.4% | $2,236,900 |
| 2015 | $13,511 +20.3% | $2,236,900 +20.4% |
| 2014 | $11,231 | $1,858,200 |
| 2013 | -- | $1,858,200 -16.6% |
| 2012 | -- | $2,227,900 |
| 2011 | -- | $2,227,900 |
| 2010 | -- | $2,227,900 -2.5% |
| 2007 | -- | $2,284,700 |
| 2006 | -- | $2,284,700 +30.6% |
| 2005 | -- | $1,749,000 |
| 2004 | -- | $1,749,000 |
| 2003 | -- | $1,749,000 |
| 2002 | -- | $1,749,000 +56.9% |
| 2001 | -- | $1,114,500 |
| 2000 | -- | $1,114,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 28803
Nearby schools
GreatSchools rating
- 4/10William W Estes ElementaryGrades: PK-4Distance: 4.1 mi
- 9/10Valley Springs MiddleGrades: 5-8Distance: 4.4 mi
- 7/10T C Roberson HighGrades: PK,9-12Distance: 4.3 mi
Schools provided by the listing agent
- Elementary: Estes/Koontz
- Middle: Valley Springs
- High: T.C. Roberson
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- North Carolina
- Buncombe County
- Asheville
- 28803
- 324 Vanderbilt Rd
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