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Courtesy of Nicholas Maclure of Century 21 Farm & Forest: .

- Pine Hill Road , Lot F

Derby, VT 05829
  • $699,000
  • STATUS: Active
  • MLS #: 4958531
UPDATED: 49 min ago
$699,000
  • 0
    BEDS
  • 41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
Middle School:

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.

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© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-02-10T08:06:19.497.
www.bestseacoasthomes.com/homes/140861311
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- Pine Hill Road , Lot F Derby, VT 05829

  • Price: $699,000
  • Status: Active
  • On Site: Days
  • Updated: 49 min ago
  • MLS #: 4958531
0
Beds
0
Baths
0
½ Baths
41
Acres
County:
Orleans
Area:
Derby
Elementary School:
Derby Elementary
Middle School:
North Country Junior High
High School:
North Country Union High Sch
School District:
North Country Supervisory Union
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.
Exterior Features

Estimated Open Space Percentage 50 Exposure EastNorthSouthWest Lot Features Abuts Golf CourseNear Country ClubNear Golf CourseNear ShoppingNear SkiingNear Snowmobile TrailsField/PastureLevelMajor Road FrontageOpenSlopingViewWetlandsWooded Road Frontage Yes Road Frontage Length 2300

Property Features

Auction No Cable Company Comcast Covenants Yes Electric At Street Electric Company Vermont Electric Flood Zone No Foreclosed / Bank Owned / REO No Land Restrictions DeedMobile HomesOther Lot Number F Resort No Sewer On-Site Septic Needed Span Number 177-056-11928 Suitable Use AgricultureCommercialDevelopment PotentialField/PastureRecreation Surveyed Yes Taxes Tbd Yes Utilities Cable - At Site Water Source On-Site Well Needed Zoning Commercial

Courtesy of Nicholas Maclure of Century 21 Farm & Forest: .


© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-02-10T08:06:19.497.
 
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Keller Williams Coastal Realty
750 Lafayette Road, Suite 201
Portsmouth NH, 03801