- Pine Hill Rd, Lot F

1,785,960 / 41
Lot Size / Acres

Description

This 41-acre parcel is strategically located between the City of Newport (27.6 acres) and the Town of Derby (13.2 acres), offering exceptional visibility and accessibility near the I-91 access road, Newport Country Club, Pine Hill Road, and Mt. Vernon Street. Currently zoned for commercial use, the property also presents significant potential for residential development, subject to necessary approvals and rezoning. Elevated portions of the land offer outstanding views of Lake Memphremagog, Jay Peak,...This 41-acre parcel is strategically located between the City of Newport (27.6 acres) and the Town of Derby (13.2 acres), offering exceptional visibility and accessibility near the I-91 access road, Newport Country Club, Pine Hill Road, and Mt. Vernon Street. Currently zoned for commercial use, the property also presents significant potential for residential development, subject to necessary approvals and rezoning. Elevated portions of the land offer outstanding views of Lake Memphremagog, Jay Peak, Owls Head, and downtown Newport, creating a unique setting for a variety of development opportunities. Conceptual plans have demonstrated the potential for either a 7-lot commercial subdivision or a 13-lot residential subdivision. The property is located within the Foreign Trade Zone, which may provide advantages such as reduced import costs for qualifying businesses, and it may also be eligible for New Market Tax Credits. Furthermore, from a residential development perspective, this property might be well suited for Community Housing and Infrastructure Program (CHIP) funding which if approved can be used for infrastructure such as roads, power, water, sewer, stormwater, engineering and more. Opportunities of this scale, location, and development potential are increasingly rare in the Newport-Derby market. A personal inspection is highly recommended. Please note that one of the property shareholders is a licensed Vermont Real Estate Broker.
  1. Listed by Nicholas Maclure • Century 21 Farm & Forest

Property Details for - Pine Hill Road

Zoning
Commercial
LISTING UPDATED: 07/13/2026 03:09 PM

Property Details for - Pine Hill Road

StatusActive
MLS #4958531
Days on Market1093
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size41.00 AC
CountyOrleans County

Location

Listing Courtesy of Century 21 Farm & Forest
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Building Information for - Pine Hill Road

Lot Size41.00 AC

Payment Calculator

$3,483 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,483

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for - Pine Hill Road

Summary
Location and General Information
  • City: Derby
  • County: VT-Orleans
  • 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.
  • Latitude: 44.931583251228481
  • Longitude: -72.186440783691424
  • Road Frontage: Yes
  • State: VT
  • Street Designation: Road
  • Map: 0
  • Zip Code: 05829
Taxes and HOA Information
  • SPAN Number: 177-056-11928
  • Taxes TBD: Yes
Property
Lot Information
  • Estimated Open Space %: 50
  • Lot: F
  • Lot Features: Abuts Golf Course, Near Country Club, Near Golf Course, Near Shopping, Near Skiing, Near Snowmobile Trails, Field/Pasture, Level, Major Road Frontage, Open, Sloping, View, Wetlands, Wooded
  • Lot Size Acres: 41.0
  • Road Frontage Length: 2300.0
  • Lot Size Square Feet: 1785960.0
Property and Assessments
  • Current Use: No
  • Property Class: Land
  • Flood Zone: No
  • Resort: No
  • Suitable Use: Agriculture, Commercial, Development Potential, Field/Pasture, Recreation
  • Surveyed: Yes
  • School District: North Country Supervisory Union
  • High School: North Country Union High Sch
  • Middle/Jr School: North Country Junior High
  • Elementary School: Derby Elementary
Utilities
  • Electric Company: Vermont Electric
  • Cable Company: Comcast
  • Electric: At Street
  • Sewer: On-Site Septic Needed
  • Water Source: On-Site Well Needed
  • Utilities: Cable at Site
  • Internet: Satellite Internet

Property History for - Pine Hill Road

DateEvent & SourcePriceAppreciation
Jun 23, 2023

Listed (Active)

New England Real Estate Network #4958531

$699,000—
Apr 15, 2023

Expired

New England Real Estate Network #4907182

—
Apr 28, 2022

Listed (Active)

New England Real Estate Network #4907182

$699,000—
DateEvent & SourcePrice
06/23/2023

Listed (Active)

New England Real Estate Network #4958531

$699,000
04/15/2023

Expired

New England Real Estate Network #4907182

—
04/28/2022

Listed (Active)

New England Real Estate Network #4907182

$699,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near - Pine Hill Road

This home is within Derby School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Derby Elementary School
PublicPK to 6

North Country Junior Uhsd #22
Public7 to 8

North Country Senior Uhsd #22
Public9 to 12

North Country Career Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

- Pine Hill Road is a 41 ac of land for sale in Newport, VT 05855. This property was listed for sale on June 23, 2023 by Century 21 Farm & Forest, it's currently listed at $699,000. This listing's school districts are Derby School District, North Country Senior Union High School District #22, North Country Junior Union High School District #22. Nearby schools include Derby Elementary School, North Country Junior Uhsd #22 and North Country Senior Uhsd #22. - Pine Hill Road is a 0-bed, 0-bath, 41 ac of land on a 1,785,960 sq. ft. / 41 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Farm & Forest

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