VT > Derby
Derby, VT 05829,- Pine Hill RD #Lot F
Derby, VT 05829,- Pine Hill RD #Lot F
Derby, VT 05829,- Pine Hill RD #Lot F
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Listed by Nicholas Maclure • Century 21 Farm & Forest
$699,000
Est. payment /mo
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41 Acres Lot
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- Pine Hill RD #Lot F Derby, VT 05829

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Molly Smith

Molly Smith

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+1(508) 980-9042

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4958531

Lot Size 41.000 Acres

Acres 41.0

Property Description

This 41-acre plot of land, situated in Derby (13.2A) and Newport (27.6A), is adjacent to the I-91 access road, Newport Country Club, Pine Hill Road, and Mt. Vernon St. While it is currently zoned for commercial purposes, it also presents an opportunity for residential development, which would necessitate rezoning. The undeveloped land offers potential for a large luxury residence, boasting breathtaking views of Lake Memphremagog, Jay Peak, Willoughby Gap, and downtown Newport. Plans are available for either a 7-lot commercial subdivision or a 13-lot residential subdivision with access to water and sewer facilities. Additionally, its location within the Foreign Trade Zone could lead to reduced import costs for businesses, and potential eligibility for New Market Tax Credits. This property is a must-see. Two (2) shareholders are Vermont Real Estate Brokers.

Location

State VT

County Vt-orleans

Area Vt-Orleans

Zoning Commercial

Exterior

Utilities Available Cable - At Site

Building

Sewer On-Site Septic Needed

Schools

Elementary Schools Derby Elementary

Middle Schools North Country Junior High

High Schools North Country Union High Sch

School District North Country Supervisory Union

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Molly Smith

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+1(508) 980-9042

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- Pine Hill RD #Lot F

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