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Cherry Branch

Cherry Branch

Neighborhood in Havelock, North Carolina

Craven County 28532

$332,708 Average Value
$166 Average Price per Sq Ft
4 Homes For Sale

A balance of suburban and country living right by a Marine Corps airfield

Cherry Branch has carved a verdant nook for itself on the banks of the Neuse River, its homes sitting on spacious lots surrounded by timbers and creeks, with the shopping and dining of Havelock just 10 miles to the southwest. “It’s kind of like being in the country, but at the same time, we’re close enough to town in case you need anything last minute,” says Shannon Brenneman, a Realtor with Coldwell Banker Sea Coast Advantage who has lived in Cherry Branch for 15 years. “We have lots of great amenities like two pools, tennis courts, pickleball courts, two playgrounds, a clubhouse and horse stables.” Residents also have easy access to the Cherry Branch-Minnesott Beach Ferry, which runs across the Neuse River twice an hour. Cherry Branch’s proximity to Marine Corps Air Station Cherry Point is another huge draw for many buyers. “A lot of people, probably 75% or more, are military personnel or military families,” says Kyle Graham, a broker with Re/Max who has been selling homes in Craven County for 24 years.

The Cherry Branch Minnesott Beach Ferry departs from its port every 30 minutes.
The Cherry Branch Minnesott Beach Ferry departs from its port every 30 minutes.
The Cherry Branch neighborhood is located 28 miles southeast of New Bern, NC.
The Cherry Branch neighborhood is located 28 miles southeast of New Bern, NC.
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Sizable lots near a river with a relatively low flood risk

Cherry Branch is entirely located within a proclamation area of Croatan National Forest, with the Neuse River forming the northern boundary of the neighborhood. Land here is still privately owned, but Congress has permission to buy it from willing sellers to add to the national forest. Most homes were built from the 1990s through the early 2000s, but there are some that were constructed from the 2020s on the east side of the community. Homes built during the turn of the century tend to follow Colonial Revival designs, whereas recent builds tend to be New Traditionals. Most houses sell between $275,000 and $350,000, with the median lot size falling above half an acre. Riverfront homes don’t enter the market often, but their prices typically range from $500,000 to $1 million. “There are no private docks, as the water’s not deep enough, but some people fish from their properties,” Brenneman says. Riverfront homes are for the most part at a low flood risk because of the elevated shoreline. However, homes by the neighborhood’s namesake creek are at a somewhat higher risk because of the area’s flatter terrain. “As long as I’ve been here, most of the neighborhood hasn’t been considered a flood zone,” Brenneman says. “We’ve gotten to the point where it was close – there was lots of water during Hurricane Florence – but we haven’t had flooding out here.” Cherry Branch has a CAP Index crime score of 1 out of 10, well below the national average of 4.

Custom homes in Cherry Branch perch above the rocky shoreline of the Neuse River.
Custom homes in Cherry Branch perch above the rocky shoreline of the Neuse River.
The Neuse River is visible from above Cherry Branch.
The Neuse River is visible from above Cherry Branch.
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Havelock High offers a robust career and technical education program

Roger Bell New Tech Academy serves elementary school students, earning an overall C-plus from Niche with an A in diversity. Each student gets to use an iPad for classes. Kids can then move up to B-minus-rated Havelock Middle, but over the next two years, plans are underway to merge this school into the A-minus-rated Tucker Creek Middle, ranked by Niche as the best public middle school in Craven County. At B-plus-rated Havelock High, students can participate in a robust career and technical education program. Fields they can study include horticulture and woodworking, and they can participate in internships with local businesses.

Roger Bell New Tech Academy serves students in grades Pre-K-5.
Roger Bell New Tech Academy serves students in grades Pre-K-5.
Havelock Middle School serves students in grades 6-8.
Havelock Middle School serves students in grades 6-8.
Havelock High School has a total enrollment of 1,017
Students.
Havelock High School has a total enrollment of 1,017 Students.
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Nearby Marine Corps airfield can get noisy

Marine Corps Air Station Cherry Point, a Marine Corps airfield and a major employer, is about a 10-mile drive from most homes. However, prospective buyers should be aware that jet planes routinely fly in and out of the base. “We have a closure that people have to sign to show that they’re aware of the noise,” Graham says. “You don’t hear it every day, but it is an issue. We call it the Sound of Freedom.” U.S. Highway 70 is also about 10 miles away, heading 18 miles south to Morehead City and 18 miles north to New Bern and Coastal Carolina Regional Airport. To get across the Neuse River, commuters can take the Cherry Branch-Minnesott Beach Ferry. The voyage lasts about 15 minutes and is free, leaving Cherry Branch every 30 minutes from 5 a.m. to 10 p.m.

The BikeMS charity ride course extends toward Cherry Branch for the longest routes.
The BikeMS charity ride course extends toward Cherry Branch for the longest routes.
Cherry Branch is located near the MCAS Cherry Point Military Base.
Cherry Branch is located near the MCAS Cherry Point Military Base.
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Shopping and dining in Havelock

Many residents head into Havelock for shopping and dining, and U.S. Highway 70’s service roads are lined with local restaurants, fast food joints and stores of all sizes. Walmart Supercenter, Dollar Tree, Dollar General and other businesses keep locals stocked with everyday essentials. La Casa Del Patron, also known simply as Patron, serves up Tex-Mex favorites including chimichangas, tortas and sopes. The establishment also offers a reservable party room that can host up to 90 people. Other popular eateries include Musashi Japanese Steak, Big Apple Pizza Bistro and Good Vibez Coffee and Wine Café, known for their upbeat atmosphere, comedy shows and light lunch fare.

Mucho Bueno near Cherry Branch offers Mexican street food.
Mucho Bueno near Cherry Branch offers Mexican street food.
Dollar Tree provides affordable goods for Cherry Branch locals.
Dollar Tree provides affordable goods for Cherry Branch locals.
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Neighborhood amenities for residents only, plus a national forest

Residents have access to private pools, playgrounds, racket courts and a small, rocky riverfront beach managed by the homeowners association. “People like to fish, swim, or hang out in the sand there,” Brenneman says. “We also have three equestrian trails and a stable, though the stable is often at capacity.” A bevy of marinas can be found across the Neuse River at Oriental, earning the town the moniker “the sailboat capital of North Carolina.” There’s also Bishop’s Marina just a few miles east of Cherry Branch, which offers 100 slips. Hiking trails and additional bridle paths can be found in Croatan Forest National Forest’s Pine Cliffs Recreation Area. Hunters with the proper licenses or permits can also hunt deer, bear and turkey on designated game lands, including the nearby Neusiok Trail. For golfing, residents can choose between the Sound of Freedom Golf Course near the Marine Corps airfield and Minnesott Golf & Country Club across the Neuse River. Both courses offer 18 holes of golf.

The North Carolina Wildlife Commission operates multiple boat launches near Cherry Branch.
The North Carolina Wildlife Commission operates multiple boat launches near Cherry Branch.
Cherry Branch residents can enjoy playing 18 holes at the Sound of Freedom Golf Course.
Cherry Branch residents can enjoy playing 18 holes at the Sound of Freedom Golf Course.
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Homeowners association active in events planning

The Cherry Branch Homeowners Association typically organizes several events throughout the year. “We do movies in the pool during the summer and movies in the park in winter,” Brenneman says. “We do a Christmas parade with golf carts, ATVs and sometimes horses. We try to do as many neighborhood events as we can.” Nearby Havelock also holds a few festivities of their own, such as a fireworks show each Fourth of July, which also typically brings out food vendors and live entertainment.

The ultimate Eagles tribute band, On the Border, entertains Cherry Branch residents.
The ultimate Eagles tribute band, On the Border, entertains Cherry Branch residents.
Families from Cherry Branch attend the fall fair in New Bern.
Families from Cherry Branch attend the fall fair in New Bern.
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Alexander Breuhan
Written By
Alexander Breuhan
Scott Davis
Photography Contributed By
Scott Davis
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EB Fox

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Tyler Marcell, an experienced agent in this neighborhood.

Transit

Airport

Coastal Carolina Regional

42 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Cherry Branch US
Homicide 3 4
Sexual Assault 1 4
Assault with Weapon 2 4
Robbery 2 4
Burglary 1 4
Motor Vehicle Theft 1 4
Larceny 1 4
Crime Score 1 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$299,000
Median Single Family Price
$299,990
Average Price Per Sq Ft
$166
Number of Homes for Sale
4
Last 12 months Home Sales
40
Months of Supply
1.20
Median List Price
$299,990
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
-1%

Home Facts

Number of Homes in Neighborhood
476
Median Year Built
2002
Avg. Single Family Home Size Sq Ft
1,840
Below the national average
1,936
Median Lot Size Sq Ft
25,264

Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this area? Reach out to Tyler Marcell, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
1,092
Median Age
38
Population under 18
25.4%
On par with the national average
23.8%
Population over 65
16.6%
On par with the national average
19.1%

Finances

Median Household Income
$74,411
On par with the national average
$71,702
Average Household Income
$81,317

Education and Workforce

High School Graduates
95.9%
College Graduates
21.9%
Below the national average
34.1%
Advanced Degrees
11.2%
% Population in Labor Force
57.1%
Below the national average
65.1%

Area Factors

Somewhat Bikeable

Bike Score®

27 / 100

Car-Dependent

Walk Score®

0 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Cherry Branch
Tyler Marcell
Advantage Coastal Properties
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