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Lot/land
  • $395,000

    964 Murphy Farm Road, Merritt, NC 28556

    --beds
    0baths
    0.73Acres
    Land
    Built in ----
    0.73 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Excellent opportunity to build your coastal dream home on this exceptional .73-acre waterfront lot in Merritt. Positioned directly on the Bay River with immediate access to the Pamlico Sound, this property offers 184 feet of uninterrupted waterfront and some of the highest waterfront elevation in Pamlico County, sitting approximately 6.5-feet above sea level. Sweeping water views can be enjoyed from nearly any angle of the lot, creating an ideal backdrop for a custom home designed around coastal living. The groundwork is already in place, including county water, an installed septic system, and an underground seawall with bulkhead boulders that provide added stability along the shoreline. The previous home on the property was a 3-bedroom residence, no septic permit is on file. Most of the land lies within the X flood zone, which would not require flood insurance from a lender with the right homesite placement. With no HOA and no restrictive covenants, you have the freedom to build exactly what you envision, whether that includes a large screened porch for watching boats drift by, a saltwater pool overlooking the river, or a spacious workshop or storage shed. For boaters and explorers, the location is unbeatable. This expansive lot provides the space and shoreline access to build your own private dock right in your backyard, allowing you to launch directly onto the Bay River any time you choose. The property is less than 10 minutes from the town of Oriental, where you'll find a public boat ramp, marinas, shops, and waterfront restaurants. Several additional pay-per-launch options are available nearby as well. When you need access to city conveniences, New Bern is an easy 30-minute commute. This rare property offers everything you need to bring your waterfront dream home to life - call today to make it yours!
    133 days
    |
    102
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 01, 2026 at 03:46pm

    Listed by:

    Jeff Lesley 910-407-1538,

    Century 21 Vanguard

    Source: Hive MLS,MLS#: 100543538MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Features
      • Fencing: None
      • Has view: Yes
      • View description: Sound, River
      • Has water view: Yes
      • Water view: Sound,River
      • Waterfront features: Deeded Water Rights
      • Frontage type: Bay/Harbor
      Lot
      • Size: 0.73 Acres
      • Features: Deeded Water Rights
      • Topography: Cleared/Partial,Level
      Details
      • Additional structures: Shed(s)
      • Parcel number: J04346
      • Zoning: Residential
      • Special conditions: Standard
      • Wooded area: 1344

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Water Available, Water Connected, Electricity Available, Electricity Connected

      Community & HOA

      Community
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Merritt

      Financial & listing details

      • Tax assessed value: $95,425
      • Annual tax amount: $673
      • Date on market: 12/1/2025
      • Cumulative days on market: 133 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,591/mo

        Price history

        Price history
        DateEventPrice
        12/1/2025Listed for sale$395,000
        Source: Hive MLS #100543538 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$674 $95,425
        2024$674 +2.9%$95,425
        2023$655 $95,425
        2022$655 -1%$95,425 -1%
        2021$661 $96,356
        2020$661 -32.5%$96,356 -32.5%
        2019$980 $142,842
        2018$980 --
        2017$980 --
        2016$980 --
        2015$980 $142,842
        2014$980 $142,842
        2011-- --

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28556

        Getting around

        0 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Pamlico County Primary
        • Middle: Pamlico County
        • High: Pamlico County

        Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        Local experts in 28556

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