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$699,000 List Price
Land Type
41 Acres
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Call: 802-863-1500
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This 41-acre parcel, located in both Derby (13.2A) & Newport (27.6A), borders I-91 access road, Newport Country Club, Pine Hill Road & Mt Vernon St. It is zoned for Commercial Use but is also well-suited for residential development, which would require rezoning. As raw land it holds great potential for a large luxury home with its fantastic views of Lake Memphremagog, Jay Peak & Willoughby Gap as well as overlooking downtown Newport. Conceptual drawing are available for a 7-lot commercial subdivision or a 13 lot residential subdivision with onsite water & sewer. Being located within the Foreign Trade Zone could reduce the costs of imports for your business. Finally, a project could qualify for New Market Tax Credits. Certainly a Must See property. ** Two (2) shareholders are Vermont Real Estate Brokers. †
Property Location
Property Details
| MLS# 4958531 | Taxes $0 |
|---|---|
| List Price 699,000 | Exposure East, North, South, West |
| Type Land | Surveyed Yes |
| Zoning Commercial | Road Frontage 2300 Ft |
| Lot Size 41.0000 Acres | Water Frontage |
| Easements | Water Body |
| List Date Jun 23rd, 2023 |
| MLS# 4958531 | Taxes $0 |
|---|---|
| List Price 699,000 | Exposure East, North, South, West |
| Type Land | Surveyed Yes |
| Zoning Commercial | Road Frontage 2300 Ft |
| Lot Size 41.0000 Acres | Water Frontage |
| Easements | Water Body |
| List Date Jun 23rd, 2023 |
| Amenities |
|---|
| Topography Abuts Golf Course, Open, Wetlands, Sloping, Level, View, Pasture/Field, Fields |
| Location , Adj Golf Course, Near Skiing, Near Country Club, Near Golf, Near Snowmobile Trails, Major Road Frnt |
| Utilities |
| Directions From I-91 Access Rd take Pine Hill Rd to stop sign. Property is on right corner of Pine Hill & Mt Vernon. Lot access is first right on Mt Vernon, opposite the golf course at Newport Country Club. |
| Current Use Agriculture, Commercial, Recreational | Roads Private, Paved |
|---|---|
| Sewer On Site Septic Needed | Roads Private, Paved |
| Water On Site Well Needed | Structure |
| Electric At Street | Shore Rights |
| Gas | Restrictions Other, Mobile Homes, Deed |
† The remarks published on this webpage originate from Listed By Nicholas Maclure of Century 21 Farm & Forest via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.
