- Pine Hill Road Lot F, Derby, VT 05829

$699,000

bedrooms

bathrooms

square feet

Acreage

41.0

Open Houses

year built

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	Orleans
Elementary School	Derby Elementary
Middle School	North Country Junior High
High School	North Country Union High Sch

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 4958531

Listing agent: Nicholas Maclure

Listing broker: Century 21 Farm & Forest Realty Inc (802) 334-1200

Last update: Friday, January 17 2025 at 8:22 p.m. EST

Kotohomes National