This 41-acre plot of land, situated in Derby (13.2A) and Newport... |
| Ad # 3942581 |
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| $699,000 For Sale |
| MLS # 4958531 |
- Pine Hill Road Lot F |
| Derby, Vermont 05829 |
| Orleans |
Golf Course:
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| Type Acreage |
| Beds 0 |
| Baths 0.0 |
| Sq Feet 0 |
| Year Built 0 |
| Acres 41.000 |
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| On Golf Course? |
| Golf View? No |
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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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| Ad Number: |
3942581 |
| Viewed: |
5 times |
| Added on: |
Jun 23, 2023 |
| Updated on: |
Jun 17, 2024 |
| | Property courtesy of LHUB |
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