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5478 Halfway Branch School Rd, Ivanhoe, NC, 28447

--beds
--baths
--sqft
$9,000,000
--price/sqft
$60,976/moest. monthly cost
$2,439,040/yrincome needed

About This Home

This exceptional 431± acre blueberry farm at 5478 Halfway Branch School Road, Ivanhoe, NC 28447 presents a rare opportunity to acquire a large-scale, income-producing agricultural operation in one of North Carolina's premier blueberry-growing regions. With approximately 240± acres of established blueberry plantings, this property has been developed to support commercial production while offering significant long-term investment potential. The farm features a substantial acreage of mature blueberry bushes with multiple varieties that provide a staggered harvest season, allowing for efficient labor management and maximizing production opportunities. The property's size and layout are well suited for large-scale commercial farming, with ample room for harvesting equipment, maintenance operations, and future agricultural improvements. Whether you are an experienced grower looking to expand your existing operation or an investor seeking a productive agricultural asset, this farm offers the infrastructure and scale necessary for a successful berry operation. Beyond the producing blueberry acreage, the remaining land consists of a combination of managed timber, roads, field edges, and support areas. The timber also creates natural windbreaks, privacy, and excellent wildlife habitat, making the property attractive for both agricultural and recreational use. Located in the heart of southeastern North Carolina's agricultural community, this farm benefits from a region well known for successful blueberry production. The property's size established berry acreage, productive soils, and valuable timber create a unique opportunity that is rarely available on today's market. Whether your goal is to continue operating a productive commercial blueberry farm, expand an existing agricultural portfolio, or invest in a premier income-producing property with multiple revenue streams, this 431± acre farm in Ivanhoe, North Carolina offers exceptional potential.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

3/10
3/10
2/10
Pender High SchoolGrades 9-1211.1 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Property

Details

  • Parcel number: 23413364600000

Lot

  • Lot size: 440.49 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Hurricane
Lightning
Winter Weather
Strong Wind
Tornado
Cold Wave
Hail
Heat Wave
Inland Flooding
Ice Storm

FEMA Declared Disasters in Pender County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $45,508$546,096
Home Insurance *$3,761$45,132
Property Taxes $11,507$138,084
Electricity $200$2,405
Total$60,976$731,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,090,605/yr
40% on housing$1,829,280/yr
45% on housing$1,626,026/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 28447$46
Pender County$293

vs Homes Sold Last Month

Median $/sqft

ZIP 28447
Pender County$217

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-14Listed for sale$9,000,000

For Sale by Agent

AgentColeman Tatum
BrokerageNational Land Realty

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