Welcome to New Gunston Hall
The Library
Redefining Architectural Presence
The Dining Room
Listed on the National Registry of Historic Places
324 Vanderbilt Road
Foyer
Foyer
Front Sitting Room
The Library
Incredible mill work
The Library
The Library
The Dining Room
The Dining Room
The Kitchen
The Kitchen
The Kitchen
The Kitchen
The Breakfast Room
The Den
Guest Suite 1 on Main Level
Guest Suite 1 on Main Level
Primary Suite 1 on Main Level
Primary Suite 1 on Main Level
Primary Suite 2 on Main Level
Primary Suite 2 on Main Level
The Sunroom
The Back Terrace
The Back Yard
Elegant staircase to second level
Upstairs Guest Room 1
Upstairs Guest Room 2
Upstairs Guest Bathroom
Upstairs Guest Room 3
Upstairs Guest Bath
Upstairs Guest Room 4
Upper Level Office/Flex Room
Upper Level Living Room
Upper Level Theater
6-Car Garage
6-Car Garage
Gated Entrance to Garage Courtyard
Circular Driveway
Water Feature and Gazebo
New Gunston Hall
Gated Entrance
New Gunston Hall
48 photos

$9,750,000

Asheville, NC 28803
Listed by Alec Cantley · Premier Sotheby’s International Realty
Bedrooms
9
Bathrooms
5.2
Living area
8,688 sqft
Year built
1923

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.

Highlights

Fireplace

Property details

MLS #
CAR4376732
Property type
Single Family Residence
Subdivision
Biltmore Forest
Status
Active
Days on market
1
On market date
N/A
Stories
N/A
Garage spaces
6
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Estes Elementary
4.14 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
704
Student:teacher ratio
13.0:1
District
Buncombe County Schools
Middle
Koontz Intermediate
4.4 mi away · Grades 5-6
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
649
Student:teacher ratio
14.8:1
District
Buncombe County Schools
High
Early College
1.93 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
278
Student:teacher ratio
25.3:1
District
Buncombe County Schools

Mortgage calculator

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Est. monthly payment
$58,866/mo
$1,950,000 down
$7,800,000 loan
Principal & interest$50,591
Property tax (est.)$8,125
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 29, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.