41 Acres of Mixed-Use Land for Sale in Derby Town, Vermont
Pine Hill Rd Lot F, Derby Town, VT 05829
This 41-acre parcel, located in both Derby (13.2A) & Newport (27.6A), borders I-91 access road, Newport Country Club, Pine Hill Road & Mt Vernon St. It is zoned for Commercial Use but is also well-suited for residential development, which would require rezoning. As raw land it holds great potential for a large luxury home with its fantastic views of Lake Memphremagog, Jay Peak & Willoughby Gap as well as overlooking downtown Newport. Conceptual drawing are available for a 7-lot commercial subdivision or a 13 lot residential subdivision with onsite water & sewer. Being located within the Foreign Trade Zone could reduce the costs of imports for your business. Finally, a project could qualify for New Market Tax Credits. Certainly a Must See property. ** Two (2) shareholders are Vermont Real Estate Brokers.
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
- County
- Orleans County
- School District
- North Country Supervisory Union
- Zoning
- Commercial
- Elevation
- 932 feet
- MLS Number
- NNEREN 4958531
- Date Listed
Resources
Detailed attributes
Listing
- Type
- Lots And Land
- Franchise
- Century 21 Real Estate
Lot
- Views
- Golf Course
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 23, 2023 | New listing | $699,000 | — | NNEREN |