About This Home

This land at Dr Mlk Jr Boulevard in New Bern, NC is listed for $5,400,000 (90.00 acres).

Key Features

  • 90.00 acre lot
Listing Description

90 Acres of Land with City of New Bern Water and Sewer available & at the site. Land is Zoned R-6 in city ETJ which allows for high density single and multifamily development. Preliminary wetland studies (PJD) in photos and attached in Documents. This PJD was done prior to 2023 Sackett case, which limits jurisdiction, and shows no wetlands on the 90 acres.

Seller is a NC Licensed real estate broker. Numerous existing access points with main access off of MLK/Hwy 17 Business can be constructed by developer near existing billboard or will be build by adjacent MF or Commercial developments. Land is located between New Bern High & New Hwy 43 Connector which ties into Hwy 70 & about 1 mile from Harris Teeter shopping center.

Acreage is approximate & buyer will need a new survey as 90 acres is part of 150 acres of SF, MF & Commercial. Buyer can purchase in multiple take downs. Seller is not a developer & will make no improvements. See all Documents & Disclosures. Clean Phase 1, PJD & Traffic Study Available.

Location

Dr Mlk Jr Boulevard

New Bern, NC 28562

Not In Subdivision

Questions & Answers

This 0-bedroom, 0-bathroom land at Dr Mlk Jr Boulevard is listed at $5,400,000. The estimated monthly payment is $28,880 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 90.00 acre lot.

This property is listed by MICHAEL RAINES.

MR

MICHAEL RAINES

License 217510

Agent at CENTURY 21 Zaytoun-Raines

Listed by CENTURY 21 Zaytoun-Raines · Broker phone: (252) 633-3069 · View on Broker Site · Broker website

MLS# 100572114· Source: Hive MLS· 174 days on PropertySimple

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Dr Mlk Jr Boulevard, New Bern, NC 28562

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