1. Vermont
2. Derby
3. - Pine Hill Road Lot F

- Pine Hill Road Lot F, Derby, VT 05829

Property Description

This listing courtesy of Nicholas Maclure, Century 21 Farm & Forest

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.

Listing Status:

Active

Date Added:

June 23, 2023 at 05:00AM

Listing Office:

Century 21 Farm & Forest : 802-334-1200

Listing Agent:

Nicholas Maclure : 802-334-1200

MLS ID:

4958531

Location

• Road/Access: PavedPrivate Road
• School District: North Country Supervisory Union
• County: Orleans

Lot

Utilities

This listing courtesy of Nicholas Maclure, Century 21 Farm & Forest