Eastern Carolina Riverfront Home with Albemarle Sound Access

Online Real Estate Auction - Edenton, North Carolina 2331 Locust Grove Road | Edenton, NC 27932 Bidding Ends: Thursday, November 20, 2025 at 11:00 AM We are pleased to offer this exceptional waterfront property located along the Yeopim River leading to the Albemarle Sound in Chowan County, North Carolina. Set on 12.79 acres in a secluded setting more than 1.5 miles off Locust Grove Road, this property provides the rare combination of privacy, adventure, and deep-water access to some of the most storied waterways of the Eastern United States. The home was built around 1988, and includes three bedrooms, two full baths, and one half bath. While the residence will benefit from renovation and modernization, its bones and setting create enormous potential for a private waterfront retreat or boater's haven. Improvements also include a detached garage and decks with commanding views over the river and surrounding woodlands. From your own shoreline, launch into the Yeopim River for direct access to the Albemarle Sound, Intracoastal Waterway, and beyond - even connect to the Great Loop route. Enjoy fishing, sailing, and the peaceful seclusion that this riverfront acreage provides. Whether you envision a full-time residence, weekend getaway, or destination for coastal adventure, this property offers the foundation for your next chapter. Property Highlights 12.79 ± acres along the Yeopim River with Albemarle Sound access Built 1988 - Livable from day one, but can be your next flip Three bedrooms | Two and a half baths Extremely private setting more than 1.5 miles off public road Access to Intracoastal Waterway and the Great Loop Ideal site for boater's retreat or renovation project Chowan County Tax Parcel ID: 784500978376 Water Access Highlights Private frontage on the Yeopim River gives day-cruise access to the Albemarle Sound. Once in the Sound, boaters may connect to the Intracoastal Waterway (ICW) via two recognized routes: Via the Pasquotank River → Dismal Swamp Canal (northwestward) Via the North River → Albemarle & Chesapeake Canal (northeastward) Recognized access for loop-cruising (Great Loop) when paired with ICW connectivity. Nearby public launch/anchor nodes: free docks & anchorages in the Yeopim/Albemarle area from directories. Auction Terms: 10% Buyer's Premium | $5,000 Non-Refundable Deposit | 45-Day Closing | Sold "As-Is" Area Overview: Edenton, NC - A Portrait of Peaceful Living and Historic Charm The Location: Edenton and Chowan County Edenton, affectionately known as "The South's Prettiest Small Town," offers an unparalleled quality of life defined by deep history, small-town hospitality, and serene waterfront living. Located on the northern shore of the Albemarle Sound, the area is an accessible yet tranquil escape in Northeastern North Carolina. Key Appeals: Historic Capital: Experience the birthplace of American women's political action (The Edenton Tea Party) and explore a downtown filled with National Historic Landmarks, including the oldest operating Colonial Courthouse in America. Waterfront Lifestyle: The Albemarle Sound provides boating, fishing, and kayaking opportunities, with picturesque Edenton Bay offering a beautiful backdrop for sunsets, walking, and dining. Strategic Proximity: The area offers a quiet retreat while remaining well-connected: Less than 2 hours to the world-famous Outer Banks beaches. Easy commute to the major employment and military hubs of the Hampton Roads/Norfolk, VA area. A manageable drive to the state's Research Triangle (Raleigh/Durham/Chapel Hill). Real Estate Market: Edenton's housing market is currently positioned as a Buyer's Market, with a median sale price generally in the low-to-mid $300s. The community offers a diverse range of homes, from historic estates downtown to modern country and waterfront properties,