Hayden Outdoors Real Estate is extremely happy to present Cypress Point, a legacy property unlike any other in eastern North Carolina! This offering boasts over a mile of bulkhead waterfront along the Perquimans river, tons of tillable acreage and timber ground, not to mention the 4080 square foot farmhouse that sits along the river's edge. This highly coveted property can become your very own private getaway or a developer's dream!This beautiful property is located along the Perquimans river and is totally private due to the boundary being at the very end of Bundys Road near the town of Hertford, North Carolina. Behind the private gate awaits your very own legacy property or a future developer's dream with over a mile of waterfront acreage! The waterfront boundary has a heavy duty bulkhead boundary to protect both the land and the river from erosion issues. You also have over 250 acres of fertile tillable ground that is currently being farmed by a local farmer that rotates crops each year, mainly switching back and forth between soybeans and corn. The 275+/- acres of timber ground is a mixture of planted pines of various ages and a lot of different hardwood trees. These hardwoods existt mostly along the eastern side of the property from the northeastern boundary all the way south along Sutton Creek. As you enter the gate off Bundys Road, you drive down the private gravel driveway that runs along the Perquimans river. For well over a mile, this waterfront boundary has been completely covered with bulkhead. This vertical wall composed of steel, wood and concrete has helped to provide extreme protection against the erosion caused by the constant colliding of water along the river's edge. It not only helps to protect the erosion but also provides a huge value to the entire property. This project began in 2013 and was officially completed in 2022 and it has been maintained to the fullest extent by the owners. Driving further down the gravel road brings you to the farm house located on the southeastern corner of the property. It sits along the Perquimans river and boasts a 4080 square foot floor plan! The original structure was built in 1978 and has been completely updated and renovated by the current owners starting in 2014! As you enter the main floor from the two car garage you'll find the kitchen, which has all Viking appliances that are pristine and do convey with the home. A porcelain farm sink is surrounded by leathered granite countertops, a tile backsplash and custom cabinets. There is also an island countertop with storage underneath and a Viking wine cooler. Across from the kitchen is the dining room that has a large window looking out towards the fields to the north. The breakfast nook is a quaint area next to the double sided gas log fireplace and it has doors that take you out to the screened in portion of the back porch. Next is the living room with plenty of space for entertaining family and friends. The den is on the back side of the fireplace with plenty of room to sit and enjoy a warm fire with a good book or guests. Out from there is the oversized sunroom that overlooks the yard and Perquimans river to the south, east and west! This is the owner's favorite room in the home and it has provided tons of great moments visiting with friends, enjoying a good book or just soaking in the view out of the large doors and windows! The owner's suite provides tons of space for comfort and relaxation. It accommodates a king size bed and it has it's own oversized sunroom that overlooks the water! It has a large tile bathroom with a walk-through shower leaves no detail untouched! Opposite of the owner's suite is the main floor guest bedroom complete with it's on full bathroom. In between both bedrooms is the home's only half bathroom. The entire main floor is covered in hardwood floors except for the main sunroom and the owner's suite sunroom that both have carpet. A hardwood staircase leads you upstairs to the large recreation home that can be a great gathering room for kids or to watch the big game on the TV! Just off to the side is a small balcony that provides scenic views of the southwestern boundary along the Perquimans river and Sutton Creek. Down the long hallway are two more large guest bedrooms, complete with full bathrooms. The entire upstairs is carpeted except for the bathrooms that have custom tile flooring. Another great feature of the home is the expansive network of back porches! You can access different parts of the back porches from the owner's suite, the breakfast nook, through the outdoor bathroom that is connected to the garage or the utility room. The utility room is laid out to accommodate a refrigerator/freezer, washer and dryer, hot water heater, water filtration system and other storage. You can access this room from the garage, the side door or the back porch. The two car garage measures 25 feet by 20 feet and will allow ample space for two mid sized vehicles or perhaps ATVs or side by sides and lawn equipment. Plenty of rocking chairs fill up the front porch for those lazy Sunday afternoons surrounded by family and friends. Closer to the western end of the property sits the barn. It is currently used for equipment storage. The barn measures 50 feet by 30 feet with some extra spaces on the back left side. Bordering the Perquimans river along the southern boundary and with Sutton Creek running along the eastern property line, access to water is a given! There is a boat dock out in front of the home that will allow you to dock multiple boats, jet skis or other water craft. From this point in the river you can head east and reach the Outer Banks which is approximately 40+/- miles by boat! Sutton Creek provides a lot of great fishing and hunting opportunities! There are various species of fish in this brackish water including largemouth bass, speckled perch, striped bass, speckled trout, red drum, flounder, yellow and white perch and others. Big game hunting in this part of the state is very popular as well. This secluded property is home to some great whitetail deer, mature long beard turkeys and tons of ducks and geese! There is also plenty of fields to plant for doves so that you can enjoy wing shooting in the early fall. Eastern North Carolina is also home to some of the biggest black bears in the country and monster bears have been spotted on this property over the years! There is a one acre pond on the northwest corner of the property. The current owners have enjoyed fishing there over the years and it can be expanded into a larger pond as well as used for swimming during the hot summer months! Currently the tillable acreage section of the property is being farmed by a local farmer under a yearly farming lease agreement. The entire property is enrolled in the PUV (Present Use Value) program for the tillable ground and the timber acreage. This provides a great tax benefit for any landowner and keeps the property as natural as possible. For more information, you may contact the Perquimans county tax office and the North Carolina Forest Service for more details. The tillable acreage produces some great yearly yields! There are various ages of timber on the property. The older pines and hardwoods add strong value and the younger pine trees will provide income later down the road as they mature. A North Carolina Forest Service agent will be able to provide a great timber growth/harvest plan for you. This property's potential is only limited to someone's imagination and creativity! You have nearly 600 acres of waterfront acreage, tillable farmland and timber ground at your fingertips, so the sky is the limit! With well over a mile of waterfront acreage that has a well built bulkhead barrier in place, you can take advantage of this huge opportunity to subdivide the property and place waterfront lots all along the Perquimans river! The bulkhead project itself began in 2013 and was completed in 2022. It has been meticulously maintained over time and definitely adds a ton of value to the property! The 180 degree views along the Perquimans river are tremendous and with an established road system that provides easy access to that part of the property, the potential is endless! Currently the present owners have an active permit that allows for up to.......docks The rest of the property could easily be developed as well with the proper rezoning approvals. The topography is fairly flat so grading costs would be at a minimum to create multiple home sites and a strategic road plan. Another great option for this large offering is to turn it into a high end cattle farm or equestrian property! The land provides tons of areas for pasture grazing as well as tons of room for barns, corrals and riding arenas. The well maintained roads that already exists provide immediate riding trails with the option to create more throughout the property! Hertford, NC is located in the coastal plain of the state and has a humid subtropical climate. The summers in Hertford are hot and humid with temperatures ranging from the mid-80s to the mid-90s with high humidity levels. During the winter months, temperatures can get as low as the mid-30s during the night and rise to the low 50s during the day. Rainfall is abundant throughout the year, especially during hurricane season which runs from June through November each year. Hertford, North Carolina gets 48 inches of rain, on average, per year. The town of Hertford, North Carolina is the county seat of Perquimans County. It is a peninsula bounded on the east, north and west by Perquimans River. Hertford's population is around 2000+/- residents and it was originally incorporated in 1758 as the county seat for Perquimans County, first inhabited by the Yeopim Indians. It was a thriving lumber town during the 20th century due to the extensive river network in the area. The Outer Banks can be reached by water or land from the town. This listing is located in the town of Hertford, North Carolina. Hertford has some good amenities for essentials but Elizabeth City is 25 minutes north and has restaurants, retail shopping, a hospital and many other amenities. This farm is only 25 minutes south of Elizabeth City and an hour and 15 minutes from Virginia Beach, Virginia. It is an hour and a half from the Outer Banks, two and a half hours from Raleigh. The closest regional airport is in Norfolk, Virginia and the closest international airport is located in Raleigh, North Carolina.
For sale
$20,000,000
438 Bundys Rd, Hertford, NC 27944
4beds
4,080sqft
Est.:
Farm
Built in 1978
591.27 Acres Lot
$-- Zestimate®
$4,902/sqft
$-- HOA
What's special
Boat dockFarm housePasture grazingWaterfront lotsFertile tillable groundBulkhead waterfrontOversized sunroom
- 125 days |
- 3,580 |
- 84 |
Zillow last checked: 8 hours ago
Listing updated: November 05, 2025 at 02:38pm
Listed by:
John Tate 704-530-6794,
Hayden Outdoors Real Estate
Source: NY State MLS,MLS#: 11596001
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,080
- Total interior livable area: 4,080 sqft
- Finished area above ground: 4,080
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- On waterfront: Yes
- Frontage length: 0
Lot
- Size: 591.27 Acres
Details
- Parcel number: 500520048
- Lease amount: $0
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm
Condition
- New construction: No
- Year built: 1978
Community & HOA
HOA
- Has HOA: No
Location
- Region: Hertford
Financial & listing details
- Price per square foot: $4,902/sqft
- Tax assessed value: $4,144,300
- Annual tax amount: $15,561
- Date on market: 10/24/2025
- Date available: 10/19/2025
- Listing agreement: Exclusive
Estimated market value
Not available
Estimated sales range
Not available
$3,928/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2025 | Listed for sale | $20,000,000+33233.3%$4,902/sqft |
Source: NY State MLS #11596001 Report a problem | ||
| 1/21/2005 | Sold | $60,000$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $15,561 -7.9% | $4,144,300 +12.4% |
| 2023 | $16,889 +3.9% | $3,687,100 |
| 2022 | $16,257 +1% | $3,687,100 |
| 2021 | $16,097 | $3,687,100 |
| 2020 | -- | $3,687,100 |
| 2019 | -- | $3,687,100 |
| 2018 | -- | $3,687,100 +1.1% |
| 2017 | -- | $3,646,200 |
| 2016 | -- | $3,646,200 -14.3% |
| 2015 | -- | $4,252,600 |
| 2014 | -- | $4,252,600 +0.8% |
| 2013 | -- | $4,220,300 |
| 2012 | -- | $4,220,300 -57.2% |
| 2011 | -- | $9,872,000 |
| 2010 | -- | $9,872,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$105,184/mo
Principal & interest
$94851
Property taxes
$10333
Climate risks
Neighborhood: 27944
Nearby schools
GreatSchools rating
- 7/10Hertford GrammarGrades: 3-5Distance: 4.5 mi
- 6/10Perquimans County MiddleGrades: 6-8Distance: 5.4 mi
- 3/10Perquimans County HighGrades: 9-12Distance: 4.2 mi
Schools provided by the listing agent
- District: 000000
Source: NY State MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



