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Investment Highlights

  • • Over 340 acres of prime waterfront land along the scenic Neuse River
  • • Extensive shoreline with panoramic water views and stunning sunrises
  • • Permitted for a full-service marina, creating significant waterfront development opportunities
  • • 30-foot waterfront bluffs offering dramatic elevated river views
  • • Unique mix of mature timber, open fields, and pristine coastal landscape
  • • Suitable for subdivision into large estate parcels for luxury homes, equestrian estates, or recreational retreats

Executive Summary

A rare and extraordinary opportunity awaits along the breathtaking shores of the Neuse River. Encompassing more than 340 acres of pristine coastal landscape, this remarkable waterfront property offers a setting unlike any other, where towering 30-foot cliffs rise above expansive river views and endless skies. With a blend of mature timbered areas, open clearings, and dramatic waterfront scenery, the property presents an unparalleled canvas for a visionary development, private retreat, or legacy estate. Positioned as the future expansion of Arlington Place, this exceptional tract is located next door to the renowned Camp Seagull and Camp Seafarer, offering a sought-after location surrounded by natural beauty and established coastal amenities. Existing HOA amenities at Arlington Place may be available upon agreement, further enhancing the appeal and potential of this one-of-a-kind waterfront property. The property is also permitted for a full marina, creating endless possibilities for an upscale waterfront community or private riverfront destination. With potential for more than 300 homesites, the land lends itself to the creation of an elegant master-planned waterfront neighborhood featuring sweeping views of the Neuse River and serene natural surroundings. Alternatively, the acreage could be thoughtfully divided into a limited collection of expansive estate parcels ideal for equestrian pursuits, recreational use, conservation-minded ownership, or luxurious private residences. From sunrise reflections dancing across the river to the peaceful privacy created by the property's vast acreage and elevated bluffs, this is a property designed to inspire. Whether envisioned as an iconic coastal community, an exclusive waterfront retreat, or one of Eastern North Carolina's most extraordinary private estates, the possibilities are truly limitless.
Agent Remarks: Please contact Donna & Team New Bern for more information at 252-636-6595. Send offers to offers@teamnewbern.com and clancy@teamnewbern.com. Buyer to Make Earnest Money Check to closing Attorney. This property is in a flood zone. Owner is actively working with an engineer on the land to make improvements for development. Existing amenities in Phase 1 and 2 are available upon agreement. (No Septic Permit) Tax Assessed Value is based on the entire parcel F09-33, not the current parcel we are selling.

Property Facts

Price $11,760,175 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 344.00 AC

1 Lot Available

Lot

Price $11,760,175 CAD
Price Per AC $34,186.56 CAD
Lot Size 344.00 AC

Mostly high, level ground (some elevations to 30 ft)

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 40746041

  • Date on Market: 2026-06-02

  • Last Updated:

  • Address: Burton Farm rd, Arapahoe, NC 28510

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