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

43.8 Elizabeth Avenue, New Bern, NC 28562

$2,500,000
Property Type: Land Lot Size (sq. ft.): 1,907,928 Status: Active
Current Price: $2,500,000 List Date: 8/06/2025 Last Modified: 8/06/2025

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 listing broker. The property is currently not part of an HOA. The advertised tax value was applied to the land prior to being rezoned. Tax value will change significantly when the subdivision is recorded. The owner is a NC Licensed Real Estate Broker.

More Information MLS# 100523558

Contract Info

Status: Active Delayed Marketing?: No Marketing Start Date: 2025-08-06 Sub-Type: Residential Land Listing Price: 2500000 Current Price: $2,500,000 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 Geo Lat: 35.131377 Geo Lon: -77.111458

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 Restriction: 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

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 Description: 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
Listing Office: NorthGroup
Last Updated: August - 06 - 2025
43.8 Elizabeth Avenue, New Bern, NC 28562- MLS# 100523558
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