Mixed-Use Land for Sale in Derby Town, Vermont
Pine Hill Rd, Derby Town, VT 05829
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
- Street address
- Pine Hill Rd, Lot F
- County
- Orleans County
- School district
- North Country Supervisory Union
- Elevation
- 932 feet
Directions
From I-91 Access Rd take Pine Hill Rd to stop sign. Property is on right corner of Pine Hill & Mt Vernon. Lot access is first right on Mt Vernon, opposite the golf course at Newport Country Club.
Property details
- Acreage
- 41 acres
- Zoning
- Commercial
- MLS #
- NNEREN 4958531
- Posted
Resources
Details and features
Listing
- Type
- Land
- Subtype
- Other
- Franchise
- Century 21 Real Estate
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Derby Elementary | Elementary | North Country Supervisory Union | — |
| North Country Junior High | Middle | North Country Supervisory Union | — |
| North Country Union High SCH | High | North Country Supervisory Union | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 27, 2025 | Relisted | $699,000 | — | NNEREN |
| June 20, 2025 | Listing removed | $699,000 | — | Listing agent |
| June 21, 2024 | Relisted | $699,000 | — | NNEREN |
| June 21, 2024 | Listing removed | $699,000 | — | Listing agent |
| June 23, 2023 | New listing | $699,000 | — | NNEREN |
