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408 Bay Point Drive

Edenton, NC 27932 · Chowan County

67 days on market
$1,132,250
Was $1,160,000
$1,132,250Chowan County (Rural)$1M+WaterfrontActive
1132250
WaterfrontPrice Reduced
4 Bedrooms
5 Bathrooms
4,129 Sq.Ft.
0.71 Acres
Built in 2002
2-Car Garage
Waterfront Property2-Car Garage1 FireplaceJohn A. Holmes High District

About This Property

Enjoy an estate like waterfront home inside the gated community of Edenton Bay II. Only minutes from a vibrant downtown community. Local ECU Health Chowan Hospital serves the surrounding area. Spacious well maintained WATERFRONT Home built in 2002. Roof 2012. HVAC 2014. Bulkheaded. Close to community pier. Highest elevation in the community. Out of the flood zone. Master bedroom suite with office space downstairs. Library. Piano room. Open living and kitchen area. Formal dining room. 3 bathrooms and 2 half baths. Brazilian Cherry Floors. Granite countertops. Screened back deck. As well as open deck. There is a deep well that serves the irrigation system. Unfinished storage space above the two car garage. Five minutes from downtown Historic Edenton. Beautiful SUNSETS! Directly on the Albemarle Sound. Easy to show.

Price History & Market Timeline

Original List Price$1,160,000
Current List Price (Price Reduced)$1,132,250Reduced by $27,750

Property Details

SubdivisionEdenton Bay Plantation
TypeSingle Family Residence
Living Area4,129 sq ft
Full Baths3
Half Baths2
Price / sq ft$274
Lot Size0.710 acres
HOA Dues$500 / annually
Year Built2002
Total Rooms12
Fireplaces1
WaterfrontYes
Waterfront FeaturesBulkhead
Parcel781301078886

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.

Interior & Exterior

HeatingPropane, Gas Pack
CoolingCentral Air
RoofArchitectural Shingle
ConstructionBrick, Wood Frame
ParkingConcrete, Parking Pad

Interior Features

High CeilingsBookcases

Schools

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

Tax & Assessment

Assessed Value$790,098
Annual Tax$6,044 (2025)
Monthly Tax Est.$504/mo
Hyper-Local Buyer Tool

Edenton True Cost of Ownership Calculator

Calculate your actual monthly carrying cost — including Chowan County taxes, Town municipal rates, your own flood insurance quote, and historic district reserves.

$1,132,250
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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 $0.4300 / $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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Finance repair scope directly into mortgage via FHA 203(k) or Fannie Mae HomeStyle loan.

Estimated Monthly True Cost
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Includes P&I, taxes, insurance & local reserves
  • Principal & Interest$0
  • Chowan County Property Tax ($0.72)$0
  • Town of Edenton Municipal Tax ($0.4300)$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# 100586822 · HIVE MLS via SourceRE · Last updated: August 19, 2026 at 10:57 PM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.