Huge price reduction on this large, multi-use acreage, consisting of five parcels (6-204-003, 6-204-005, 6-204-006, 6-207-058, and 6-207-059). Secluded, but extremely convenient, being situated on both sides of State Road 1102 (Tebo Rd) and in the path of growth just off the expansion (to interstate standards) of hwy 70 (future I42) between New Bern and Havelock, 6 miles east of New Bern and only 2 miles from the development of Carolina Colours to the west and 1/2 mile from Croatan Crossing to the east. These parcels have not been zoned and may be ideal for recreational use, farming, commercial potential, private home sites, and future timber production. Property has been used in the past primarily for farming, with a portion used currently in that capacity and, being perfectly situated adjacent to the Croatan National Forest, as recreational/hunting land. Build your homestead and make this beautiful tract of wooded and cleared land your private oasis. It includes a Duke Progress Energy easement with 3-phase current available and was previously approved for solar field leasing with a high monthly profit potential. Seller will consider all offers, and will work with investors, and private parties, to make best use of this long held family land.
- Price:
- $2,200,000
- Acreage:
- 340.00
- Listing ID #:
- 100367889
- Street Address:
- 615 Tebo Rd
- City:
- New Bern
- State:
- North Carolina
- Postal Code:
- 28562
- County:
- Craven
- Subdivision:
- Not In Subdivision
- Listing Status:
- Active
- Listing Type:
- Mixed Use



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- Existing Land Use:
- Agriculture, Hunting, Recreational
- Lot Description:
- Farm, Level, Partially Cleared, Rural, Wetlands, Wooded
- Lot Square Footage:
- 14810400.00
- Road Frontage:
- Public (city/Cty/St), Unpaved
- Topography:
- Cleared, Marsh/Wetland, Undeveloped, Wooded
- Price Per Acre:
- 6470.59
- Terms:
- Cash, Conventional, Joint Venture, Seller Financing, Will Divide
- Hoa Fee Includes:
- No Amenities
- Tax Year:
- 2022
- Utilities:
- Electricity Available, Not Tested
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Landmark Sotheby's International Realty