43.8 Elizabeth Avenue, New Bern, NC 28562 (MLS# 100523558)

43.8 Elizabeth Avenue, New Bern, NC 28562

$1,700,000

43.8 Acre Approved Subdivision within New Bern City Limits

Property Type: Land Lot Size (sq. ft.): 1,907,928 Status: Closed

Current Price: $1,700,000 List Date: 8/06/2025 Last Modified: 6/12/2026

Overview

Description

Welcome to Millstone Crossing, a 43.8-acre subdivision located within New Bern City Limits. Recently rezoned R6 with 146 approved building lots. This sale is for lots 6 to 146 and the common area associated with them. Please view ''Derby Park Phase Eight Concept Map A'' and ''Millstone Crossing General Plan'' for specifics. Current property access is at the end of both Elizabeth Avenue and Saratoga Lane. The subdivision was known as Derby Park Phase Eight and has been renamed Millstone Crossing. The subdivision has been approved and is ready to go on record. This project is ready to start the permitting process. Public water and sewer are available: fees for these services will be assessed and paid during the permitting process. The approved subdivision has 146 lots; this sale does not include lots 1 to 5 and the common area associated with them (different owner). Please request copies of the survey, concept plan, general plan, zoning approval and other relevant documents from the list ... (Read more)

Listing Details MLS# 100523558

Contract Info

Delayed Marketing?: No
Marketing Start Date: 2025-08-06
Sub-Type: Residential Lot
Listing Price: 2500000
List Price/Acre: 57077.63
Stipulation of Sale: Standard

Location Information

Street #: 43.8
Modifier #: Acres
Street Name: Elizabeth
Street Suffix: Avenue
County: Craven
State/Province: NC
Zip Code: 28562
City Limits: Yes
Marketing City: New Bern
Subdivision: Derby Park
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: Property starts where Elizabeth Ave ends. Athens Acres is to the left. This sale is for the undeveloped property to the right.
Sign on Property: Yes

Property Exterior Info

Acres - Total: 43.8
Lot Dimensions: irregular
Lot SqFt: 1907928
Deed Restrictions: No
Total Road Frontage: 182
Waterfront: No
Waterview: No
Location Type: Mainland

Legal and Taxes

Tax Assessed Value: 15160
Deed Book: 3346
Deed Page: 452
Legal: Tract B Derby Park Remaining Area | Derby Park Phase Eight
Broker Owner: Yes
PID: 8-240 -063
Tax Identifier: 8-240 -063
Plat Book: I
Plat Page: 58-D
Total Real Estate Property Taxes: 127
Special Assessments: none
Deferred Taxes: No
Tax Year: 2025
Zoning: R6
HOA: No
Cobra Zone: No
Elementary School: Trent Park
Middle School: H. J. MacDonald
High School: New Bern

Status Change Info

Under Contract Date: 2026-04-08
Sold Date: 2026-06-12

More Information

Property Features

Current Use: Development; Residential Bldgs on Property: None Soil Evaluation: Soil Evaluation - No Topography: Undeveloped Fencing: None Fuel Tank: None Environmental Hazard: Unknown Lot Features: Development; Subdivision Utilities: Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Lot Water Features: None HOA and Neigh Amenities: No Amenities Terms: 1031 Exchange; Cash; Will Not Divide

IDX

Listing Office: NorthGroup

Last Updated: June - 12 - 2026

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