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

New Bern, NC, 28562
$ 2,500,000
Baths0.0

Monthly Estimate*

$ 15,597

43.8 Elizabeth Avenue, New Bern, NC 28562 - Image 1
43.8 Elizabeth Avenue, New Bern, NC 28562 - Image 2
43.8 Elizabeth Avenue, New Bern, NC 28562 - Image 3
43.8 Elizabeth Avenue, New Bern, NC 28562 - Image 4
Studio

Lots and Land for sale in New Bern, NC

for $2,500,000. The lot size is 43.8.

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.

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Lots and Land Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 127

Style

Residential Land

Lot Size

43.8

Town/City

New Bern

County/Region

Craven

MLS | Web ID

100523558

Features
General
Utilities Sewer Available Water Available
Possession Close Of Escrow At Closing
Zoning R6
Topography Undeveloped
Property Subtype Residential Land
Tax Year 2025
Current Use Development Residential Development2
Taxes 127
Parcel Number 8-240 -063
Waterfront Features None
County Craven
New Construction N
Property Type Land
In City Limits? (Y/N) Y
Association Amenities None
HOA N
Attached Garage N
Subdivision Name Derby Park
Garage Y/N N
Other Structures None
Status Active
Directions Property starts where Elizabeth Ave ends. Athens Acres is to the left. This sale is for the undeveloped property to the right.
High School New Bern
City New Bern
Lot Size Units Acres
Lot Size Square Feet 1907928.0
Carport Y/N N
Elementary School Trent Park
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School H. J. MacDonald
Lease Considered Y/N N
Standard Status Active
Tax Assessed Value 15160
Legal Description Tract B Derby Park Remaining Area Derby Park Phase Eight
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Exterior
Fencing None
Lot Features Development Subdivided
Water Source Public
Lot Size Area 43.8
Buildings On Property None
Spa N
Lot Dimensions irregular
Lot Size Acres 43.8
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type Maintained City Street State Road Paved
Crops Included Y/N N
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Total Baths 0
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Internal Only
Street Number 1 438
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* Excluded Features
List By
Allana Ross | New Bern 4 Sale

Listing Agent

Northgroup

Broker

newbern4sale@gmail.com

Email

Affordability Calculator

$15,607
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,597
Monthly Property Taxes
$11
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4736212 Elementary School
4708240 Middle School
New Bern High School High School
Pricing History
DatePricePrice ChangeDescription
8/6/2025$2,500,000 Listed Price

Map


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43.8 Elizabeth Avenue, New Bern, NC, 28562 is a Lots and Land for sale at $2,500,000 with a lot size of 43.8. 43.8 Elizabeth Avenue is a studio with 0.0 baths. The property's zip code is 28562 which is in New Bern, NC