As I sit in my office compiling stats for my end of the year market report it is interesting to note which subdivision has been the hot spotof activity this past year. Here in the town of Historic Edenton, a town of 5000 residents with a land area of 5 miles, 3 golf courses within 25 minutes and water on just about all sides, the subdivision seeing the most consistent sales activity in 2009 is the Mill Village.
The Mill Village is comprised of some 56-60 properties nestled in amongst some six streets well within walking distance of downtown Edenton and Edenton Bay. As you enter the village the mood generated is one of warmth and charm. The streets are lined with trees leading into neat well kept yards showcasing charming homes painted a variety of pastel colors.
Historically, Edenton Cotton Mill and its affiliate mill village were established in 1898-1899 by nineteen local businessmen and occupied by workers of the Cotton Mill. Houses were actively constructed until 1920. Most of the village homes are single-story, gable-sided frame structures with front porches and rear ells with square footage ranging anywhere from 900-1500 sq. ft. Many have two front entrances (see above picture) which allowed them to function as duplexes early in their history.
In addition, the Mill Village was named one of Top Ten Cottage Communities in the nation by Cottage Living magazine in 2007.
Five properties were sold in 2009 at an average sales price of $175K. Not bad for the South's Prettiest Town.