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300 1-7 Morristown Road

Edenton, NC 27932 · Chowan County

4 days on market
$259,000
$259,000Chowan County (Rural)$250K – $500KUnder $375KActive
259000
10.50 Acres
10.50 Acre LotJohn A. Holmes High District

About This Property

10 +/- ACRES! APPROVED 7-LOT SUBDIVISION! FAVORABLE SEPTIC SOILS! NO HOA! Discover approximately 10 acres of wooded land along Morristown Road in Edenton, North Carolina. Whether you're looking for a spacious private homesite, room for a family compound, or an investment opportunity with multiple residential lots, this property offers flexibility in a peaceful rural setting. The property features paved public road frontage along Morristown Road and a combination of wooded acreage, open areas, and natural surroundings. The approved subdivision consists of seven residential lots ranging from approximately 1.01 to 2.12 acres, offering opportunities for individual homesites, multiple homes, or future resale. Zoned A-1 Agricultural in Chowan County, the property allows single-family site-built, manufactured, and mobile homes. A preliminary soil study has been completed, with favorable results identifying suitable soils for septic systems on each of the seven subdivided lots. County water is available at the road, electric service is provided in the area by Town of Edenton Utilities, and private septic systems will be required. No HOA! Located within reach of Historic Downtown Edenton, the property offers the privacy and space of country living while remaining convenient to local shopping, dining, schools, and everyday amenities. Purchase the entire acreage to create your own private retreat, take advantage of the approved seven-lot subdivision, or enjoy the property for outdoor recreation and plenty of room to spread out. A great opportunity to own a sizable tract in Chowan County with multiple possibilities!

Property Details

SubdivisionNone
TypeResidential Lot
Lot Size10.500 acres
WaterfrontNo
Parcel688700728995

Location & Neighborhood Intelligence

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Distance to Key Places (straight-line)

Coastal & Environmental Information

Properties in northeastern North Carolina near coastal waters may be subject to Coastal Area Management Act (CAMA) regulations, municipal historic district overlays, or specific flood zone designations. Buyers are advised to independently verify setback rules, elevation certificates, and flood insurance requirements with licensed surveyors, engineers, and insurance professionals.

Schools

ElementaryWhite Oak/D F Walker
MiddleChowan Middle School
High SchoolJohn A. Holmes High

Tax & Assessment

Assessed Value$30,750
Annual Tax$246 (2026)
Monthly Tax Est.$21/mo
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Edenton True Cost of Ownership Calculator

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Local Tax & Municipal Variables
Chowan County TaxChowan County charges $0.72 per $100 of assessed value for fiscal year 2026-2027. Tax rate updated: August 3, 2026. Verify with the local tax office.
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Applies additional $0.4800 / $100 municipal tax. Switch off for county-only parcels outside town.
Adds $150/mo reserve for custom wood, slate/metal roof & COA maintenance
Properties near the Albemarle Sound or Queen Anne Creek fall into CAMA-regulated flood zones. Your zone determines whether flood insurance is required — we don't quote rates, so enter your own insurer's quote below.

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Includes P&I, taxes, insurance & local reserves
  • Principal & Interest$0
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  • Town of Edenton Municipal Tax ($0.4800)$0
  • Hazard / Homeowners Insurance (Est.)$0
  • Flood Insurance (Your Quote)$0
  • Historic Overlay COA Reserve$0
  • PMI / Mortgage Insurance$0
Total Loan Amount$0
Down Payment$0
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MLS# 100613596 · HIVE MLS via SourceRE · Last updated: November 2, 2026 at 4:22 PM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.