Back 438 Elizabeth Avenue
Off Market

438 Elizabeth Avenue

New Bern NC 28562

1907928 sq. ft.
Land
Last sold for $1,700,000
Allana Ross | New Bern 4 Sale Allana Ross | New Bern 4 SaleAllana Ross | New Bern 4 Sale Allana Ross | New Bern 4 Sale, last sold this property on 12 June 2026 after 84 days on market.

Overview

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.

Features

1907928 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in New Bern over the last 12 months, the estimated median property value of 438 Elizabeth Avenue is $82k.

Median value
$82k
Estimated value range
$5.75k - $5m
Median days on market
26
Estimated value trend
37%
increase over the last 12 months
Average days on market is based on recent, comparable sales in New Bern. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 438 Elizabeth Avenue

2026
Sold
$1,700,000
12 Jun 2026 by Allana Ross | New Bern 4 Sale Allana Ross | New Bern 4 Sale, of NorthGroup

Happy sellers in New Bern

88%
88% of sellers in New Bern reported that their sale price either exceeded or met their price expectations.

New Bern stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in New Bern over the last 12 months.

Local market activity for land plots in New Bern

In the last 12 months, 65 land plots similar to 438 Elizabeth Avenue, have been sold.

This represents a 31% increase in land plots sales when compared to the previous 12 months.

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