$130,057Average Value$101Average Price per Sq Ft3Homes For Sale
Residents and businesses are giving Five Points an identity of its own
Located between the New Bern Historic District and the suburb of Ghent, Five Points has traditionally been more of a crossroads than a place where buyers seek to drop roots. In fact, the neighborhood even gets its name from the five-way intersection where Broad Street, Queen Street and Roundtree Street meet. But low property values are attracting investors and local businesses, which are starting to transform Five Points into a community of its own. “The locals call Five Points the Beermuda Triangle, because of the breweries there,” says Drake Bratton, a broker with Coldwell Banker Sea Coast Advantage and a 40-year resident of New Bern. “It’s really pulling people in from the New Bern Historic District and Ghent, because it’s the middle ground between the two and has a high entertainment factor, though there aren’t too many homes there.” Five Points also puts residents close to the Trent River and its associated attractions, such as the New Bern Grand Marina and Lawson Creek Park, which offers boat launches and a fishing pier. Because of this, the neighborhood has attracted a diverse crowd. “The triangle is definitely hip, and a lot of seniors love and frequent it, too,” says Gregory Rusch, a broker with North Group who has been selling homes in New Bern for 5 years. “They’re fit and youthful and play pickleball and some live on boats. Five Points, and New Bern, is a good mix of all kinds of people, and everyone seems very welcome anywhere.”
Crema Brew in Five Points is a local favorite go to.
Five Points has many spacious green lots.
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A Beermuda Triangle of craft brews, plus restaurants and shops downtown
Five Points is the location of the creatively named Beermuda Triangle, which has traditionally comprised a brewery called Brewery 99 and two bars – Freshwater Beer Co. and the recently closed Tap That New Bern. The remaining establishments aren’t just known for their craft brews, they also host various events, such as Brewery 99’s weekly farmers market, and have become beloved community meeting spots. “There’s a running group that runs out of Freshwater, and sometimes they sponsor events,” Bratton says. “Brewery 99 has a bakery, so they offer breakfasts. Food trucks will also show up to support the breweries.” Only a few blocks east, the New Bern Historic District is packed with locally owned businesses and restaurants. The Chelsea serves up New American cuisine, while Mitchell Hardware is a modern-day general store. Supermarkets such as Harris Teeter and big-box stores such as Walmart and HomeGoods can be found to the west of Five Points, up Neuse Boulevard and down Dr. Martin Luther King Jr. Boulevard.
Five Points residents enjoy spending time at Brewery 99.
Five Points residents are close to Brewery 99.
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A diverse selection of homes, with more developments coming
Broad Street splits Five Points in half, though home styles tend to be the same on either side. Some homes on the south end of the neighborhood have private docks on the Trent River, but they’re also at a higher flood risk. Five Points is architecturally diverse, with American Foursquares, Tudor Revival cottages, workman’s cottages and other midcentury builds. Some residents prefer their privacy, placing fences along their property. Houses don’t sell often here, but most will go for between $60,000 and $200,000. Aside from detached homes, several apartment complexes can also be found in Five Points, with even more housing options on the way. “There are plans to build a four-story mixed-use development, King’s Domain, at the corner of Pollock and Princess,” Bratton says. “You could own a small business and live right above it. As of July 2024, it’s set to be completed within a year.”
Five Points residents enjoy going for walks around their neighborhood.
Cottages abound at Five Points.
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Recreation and education near Five Points
Lawson Creek Park is on the other side of the Trent River from Five Points, sporting a picnic pavilion, two boat launches and a recently constructed boardwalk. The Twin Rivers YMCA in neighboring Ghent has a gym, a sauna, pickleball courts and an indoor and outdoor pool, as well as swim lessons and fitness classes. Over in the New Bern Historic District, Tryon Palace is a reconstruction of the Colonial governor’s mansion. The building is open for tours, and visitors are also invited to stroll the meticulously cared-for gardens. The North Carolina History Center at Tryon Palace is right next door, offering a museum with rotating exhibits and event halls for lectures, concerts and special presentations. Other green spaces include Kafer Park, home to one of New Bern’s oldest baseball diamonds, and Fort Totten Park, which offers a recently remodeled playground, picnic tables and another baseball field.
Five Points residents enjoy playing disc golf at their local park.
New Bern High School
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MumFest and other events
The Beermuda Triangle Block Party is Five Points’ main festivity, which in the past has featured live music and aerial circus, but a boatload of craft beers to try can be expected any year. Other New Bern events include MumFest, where downtown streets are closed off for a weekend each October to make way for vendors, performances and amusement park rides, and Cars and Coffee New Bern, a monthly auto show for lovers of caffeine and vintage cars alike.
Naval JROTC at New Bern High
Brinson Memorial Elementary is located in neighboring James City and gets an overall B from Niche, with an A for diversity. Grover C. Fields Middle earns an overall B-plus, and New Bern High receives a B-minus. Special academic programs offered by the high school include Advancement via Individual Determination, or AVID, and Naval Junior Reserve Officers Training Corps, or NJROTC. AVID aims to provide students, particularly those from underrepresented backgrounds, the skills and support to succeed in college and the career world. In NJROTC, students take courses such as oceanography and meteorology, participate in military drills and fitness training, and visit military bases. Craven Community College is about 3.5 miles west of Five Points.
Close to U.S. Highway 70 and an airport
Sidewalks and bike lanes allow for car-free travel to the New Bern Historic District, only about a mile east of many homes. Entrance ramps to U.S. Highway 70 are less than a mile from most Five Points homes. Thanks to this highway, the Coastal Carolina Regional Airport is only a 4-mile drive south. The small commercial airport offers direct flights to Charlotte, North Carolina; Hartford, Connecticut; and Orlando, Florida. Marine Corps Air Station Cherry Point, a Marine Corps airfield, is 17 miles farther down U.S. 70. CarolinaEast Medical Center is only about a mile northwest of Five Points.
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 neighborhood?
Reach out to
Kyle Graham,
an experienced agent in this area.
Parks in this Area
Lawson Creek Park
Transit
Airport
Coastal Carolina Regional
13 min drive
Crime and Safety
1 - Low Crime, 10 - High Crime
Five Points
US
Homicide
8
4
Sexual Assault
6
4
Assault with Weapon
6
4
Robbery
5
4
Burglary
4
4
Motor Vehicle Theft
3
4
Larceny
4
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Five Points, New Bern sell after 51 days on the market compared to the national average of 47 days. The average sale price for homes in Five Points, New Bern over the last 12 months is $106,000, up 51% from the average home sale price over the previous 12 months.
Handyman Special! The seller began remodeling and repairs but chose to focus their efforts elsewhere. This home requires significant repairs but offers great potential. Many original hardwood floors remain intact. With some work and TLC, this could become a wonderful home for the right buyer!
Double Lot for Sale Near Downtown New Bern!! Located at 214 & 216 Lawson St, this flat, cleared double lot offers 0.18 acres of prime land ready for building. Just minutes from downtown New Bern, this property is close to Carolina East Medical Center, Lawson Creek Park, Tryon Palace, and Union Point Park. Whether you're looking to build a home or an investment property, these lots are in a highly
Now featuring a New Roof! Completely transformed and ready for its new owner, 721 Hatties Lane offers a fresh start with modern upgrades and a convenient location! This beautifully remodeled 3-bedroom, 2-bath home sits on a double lot totaling 0.16 acres, providing extra space and flexibility. Be welcomed by the charming covered front porch and enter into a welcoming living room, where brand-new
Welcome to 516 2nd Avenue, a 3-bedroom, 1-bathroom home located in the heart of New Bern, North Carolina. Built in 1925, this two-story residence combines historic character with modern amenities in a convenient location.Inside, the home features a spacious living area with plenty of natural light. The three bedrooms offer generous space and the kitchen provides ample storage.The front porch
Welcome home to this freshly painted 2-bedroom, 1-bath residence ideally located just minutes from shopping, dining, and historic downtown New Bern. Step inside to a spacious living room, perfect for relaxing or entertaining. With plenty of natural light and a functional layout, this home offers both comfort and convenience. Don't miss your chance to enjoy all that New Bern has to offer--schedule
Interested in learning more about homes in this neighborhood?
Reach out to
Kyle Graham,
an experienced agent in this area.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
1,434
Median Age
41
Population under 18
24.3%
On par with the national average
23.8%
Population over 65
22.7%
On par with the national average
19.1%
Finances
Median Household Income
$26,762
Significantly below the national average
$71,702
Average Household Income
$51,207
Education and Workforce
High School Graduates
82.2%
College Graduates
21.1%
Below the national average
34.1%
Advanced Degrees
9.8%
% Population in Labor Force
58.2%
Below the national average
65.1%
Area Factors
Very Bikeable
Bike Score®
77/ 100
Very Walkable
Walk Score®
70/ 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.
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.
