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$1,700,000
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Property 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.
Full Property Details
Full Property Details for 43 8 Elizabeth Ave
General
- Sold For: $1,700,000
- Taxes: $127 (2025)
- Status: Closed
- Type: Residential Lots
- Source: 2253
- MLS ID: 100523558
- Added to Site: 328 day(s) ago
Additional Information
- Shared Amenities: None
Location
- County: Craven
- Subdivision: Derby Park
- Driving Directions: Property starts where Elizabeth Ave ends. Athens Acres is to the left. This sale is for the undeveloped property to the right.
School Information
- Elementary School: Trent Park
- Middle School: H. J. MacDonald
- High School: New Bern
Utilities
- Sewer: Municipal Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Development, Residential
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 43.8
- Lot Size (Sq. Ft.): 1,907,928
- Lot Dimensions: irregular
- Frontage: Maintained, City Street, State Road, Paved, Paved
- Topography: Undeveloped
- Lot Features: Development, Subdivided
- Zoning: R6
- Fencing (Description): None
Financial Considerations
- For Sale: Yes
- Price Per Acre: $57,077.63
- Assessment Amount: $15,160
- Tax Amount: $127
- Tax Year: 2025
- Terms: 1031 Exchange, Will Not Divide, Cash
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Tract B Derby Park Remaining Area | Derby Park Phase Eight
- Property ID: 8-240 -063
- Block: 58-D
Listed by NorthGroup, Allana Ross | New Bern 4 Sale
Sold by A Non Member, A Non Member
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Price & Sales History for 43 8 Elizabeth Ave
Date
Details
Price
Change
Source
6/12/2026
Sold
$1,700,000
-32%
MLS
8/06/2025
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
43.8 Elizabeth Avenue, New Bern, NC 28562 (MLS# 100523558) is a Residential Lots property that was sold at $1,700,000 on June 12, 2026. Want to learn more about 43.8 Elizabeth Avenue? Do you have questions about finding other Residential Lots real estate for sale in New Bern? You can browse all New Bern real estate or contact a Coldwell Banker agent to request more information.

