0 Pepin Drive Newport City, Vermont 05855 MLS# 5010534

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For Sale Status

$595,000 List Price

Land Type

19 Acres

Listed By Russell Ingalls of RE/MAX All Seasons Realty - Lyndonville
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Hillside at O'Brien Farm

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At a time when the State of Vermont is experiencing a crisis in not having enough housing and millions of dollars are being pushed out the door to help build inventory, this 18.60 acre parcel becomes available. This is Opportunity knocking. This is all Act 250 ready with 42 more potential units ready to be built. The infrastructure is already in the ground. 6 condos have been previously built and sold and are not part of this sale. Stay with that thought or come up with your own such as duplexes. What you will see when you enter this site is expansive views of Lake Memphemagog and the surrounding mountains. Overlooking the beautiful city of Newport, all the amenities that one would expect are here from world class dining, shopping, a full service hospital and unbelievable recreation. The golf course is one driveway up. For you out of area developers, tell me where you will find this type of opportunity for $595,000 that is this ready to build on with anxious buyers ready to spend. Opportunity awaits.

Property Location

0 Pepin Drive Newport City

Property Details

List Price  $595,000 Taxes $2,407
Cooperation Fee  Unknown Tax Year 2023
MLS#  5010534 Exposure  
Type  Land Surveyed  Yes
Zoning  GR Road Frontage  1600 Ft
Lot Size  18.6 Acres Water Frontage  
Easements   Water Body  
List Date  Aug 19th, 2024
MLS#  5010534 Taxes $2,407
List Price  595,000 Exposure  
Type  Land Surveyed  Yes
Zoning  GR Road Frontage  1600 Ft
Lot Size  18.6000 Acres Water Frontage  
Easements   Water Body  
List Date  Aug 19th, 2024
Amenities Common Acreage
Topography Abuts Golf Course
Location , Adj Golf Course, Near Country Club, Near Golf, Near Skiing, Near Golf Course, Near Hospital, Near Paths, Near Shopping, Near Skiing, Neighborhood, Privately Maintained
Utilities  
Directions  Leaving Center of Newport City, Drive on Mount Vernon St. Right onto Pepin Drive
Current Use  Roads  
Sewer  Public Sewer on Site Roads  
Water   Structure  
Electric  Underground, On Site Shore Rights  
Gas   Restrictions  
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† The remarks published on this webpage originate from Listed By Russell Ingalls of RE/MAX All Seasons Realty - Lyndonville via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.