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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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324 Vanderbilt Rd , Asheville, NC 28803
$9,750,000
Est. Payment: $50,243.76/mo
9 Bed
7 Bath
8688 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Alec Cantley , 828-989-4487 Premier Sotheby’s International Realty , 828-277-3238. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
11.26

Year Built

1923

County

Buncombe

Neighborhood

Biltmore Forest

Listing ID

4376732

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:9
  • Bathrooms:7
  • Full Bathrooms:5
  • 1/2 Bathrooms:2
Appliances:Bar Fridge, Dishwasher, Double Oven, Exhaust Hood, Gas Cooktop, Gas Range, Microwave, Refrigerator, Warming Drawer, Washer/Dryer
Air Cond:Central Air
Fireplaces:Gas,Keeping Room,Living Room,Primary Bedroom,Wood Burning,Other - See Remarks
Floor:Carpet,Wood
Above Ground Sq Ft:8688
Below Ground Sq Ft:0
Basement:Interior Entry,Unfinished
Other:Attic Walk In,Built-in Features,Entrance Foyer,Kitchen Island,Storage,Walk-In Closet(s),Walk-In Pantry,Has Fireplace,Master on Main
Other:City

Exterior Features

Lot:Cleared,Level,Open Lot,Private,Wooded,Views
Roof:Slate
Sewer:Public Sewer
Parking Features:Circular Driveway,Attached Garage,Garage Faces Side
Principal Interest
$50,244
Taxes
$6,216

Home Price

$9,750,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$1,950,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$50,243.76

Principal

Taxes

Principal Taxes HOA Total
Monthly $50,243.76 $6,215.63 $0.00 $56,459.38
Yearly $602,925.09 $74,587.50 $0.00 $677,512.59
Total $18,087,752.59 $2,237,625.00 $0.00 $20,325,377.59

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Asheville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-01T23:58:06.000Z

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