43.8 Elizabeth Avenue, New Bern, NC 28562 – MLS# 100523558

Property Map

$2,500,000 – 43.8 Elizabeth Avenue, New Bern, NC 28562

Street View

$2,500,000
43.80 Acre Lot
1,907,928 Sqft Lot
Status Active
Property Type Residential Land
Price Type
Days on Website 26

Courtesy of Allana Ross New Bern 4 Sale, NorthGroup

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.

HOA Amenities

Property Details and Features

Property Access

  • Road Type/Frontage: Maintained,Paved,Public (City/Cty/St)

Disclosures

  • Unknown

Fence

  • None

Home Owner’s Association

  • HOA: No
  • HOA Amenities: No Amenities

Listing

  • Sub-Type: Residential Land
  • Listed on 2025-08-06
  • List Price/Acre: $57,078
  • Terms: 1031 Exchange,Will Not Divide,Cash

Location

  • Zip Code: 28562
  • Latitude: 35.131377
  • Longitude: -77.111458
  • Subdivision: Derby Park
  • City Limits: Yes

Lot

  • 1,907,928 sqft lot
  • Lot Dimensions: irregular
  • 43.8 total acre
  • Lot Description: Development,Subdivision
  • Lot Water Features: None
  • Topography: Undeveloped

Possession

  • At Closing

Property

  • Zoning: R6
  • Bldgs on Property: None
  • Soil Evaluation: Soil Evaluation – No

Taxes

  • Tax Assessed Value: $15,160
  • Property Taxes: $127
  • City Tax Rate: 3346
  • Deferred Taxes: No
  • Tax Year: 2025

Utilities

  • Sewer Available
  • Water Available
  • Fuel Tank: None

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