- Pine Hill RD #Lot F, Derby, VT 05829
- Pine Hill RD #Lot F, Derby, VT 05829
- Pine Hill RD #Lot F, Derby, VT 05829
- Pine Hill RD #Lot F, Derby, VT 05829
- Pine Hill RD #Lot F, Derby, VT 05829
- Pine Hill RD #Lot F, Derby, VT 05829
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Charlotte Gill

Charlotte Gill

+1(207) 256-0638
Listed By Nicholas Maclure Century 21 Farm & Forest
$ 699,000
Est. payment | /mo

41 Acres Lot

Save
$ 699,000
Est. payment | /mo
Save

41 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 4958531

Lot Size 41.000 Acres

Acres 41.0

Property Description

This 41-acre parcel is strategically located between the City of Newport (27.6 acres) and the Town of Derby (13.2 acres), offering exceptional visibility and accessibility near the I-91 access road, Newport Country Club, Pine Hill Road, and Mt. Vernon Street. Currently zoned for commercial use, the property also presents significant potential for residential development, subject to necessary approvals and rezoning. Elevated portions of the land offer outstanding views of Lake Memphremagog, Jay Peak, Owls Head, and downtown Newport, creating a unique setting for a variety of development opportunities. Conceptual plans have demonstrated the potential for either a 7-lot commercial subdivision or a 13-lot residential subdivision. The property is located within the Foreign Trade Zone, which may provide advantages such as reduced import costs for qualifying businesses, and it may also be eligible for New Market Tax Credits. Furthermore, from a residential development perspective, this property might be well suited for Community Housing and Infrastructure Program (CHIP) funding which if approved can be used for infrastructure such as roads, power, water, sewer, stormwater, engineering and more. Opportunities of this scale, location, and development potential are increasingly rare in the Newport-Derby market. A personal inspection is highly recommended. *Please note that one of the property shareholders is a licensed Vermont Real Estate Broker.

Location

State VT

County Vt-orleans

Area Vt-Orleans

Zoning Commercial

Exterior

Utilities Available Cable at Site

Building

Lot Description Abuts Golf Course, Near Country Club, Near Golf Course, Near Shopping, Near Skiing, Near Snowmobile Trails, Field/Pasture, Level, Major Road Frontage, Open, Sloping, View, Wetlands, Wooded

Sewer On-Site Septic Needed

Water On-Site Well 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

PrimeMLS VOW
Charlotte Gill

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(207) 256-0638

charlotte@obergagency.com

132 Bridgton Rd, Bridgton, Maine 04009, USA

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- Pine Hill RD #Lot F