531 W Main St

Newport, VT 05855

$59,000
Price
4
Beds
2,326 Sq. Ft.
$25 / Sq. Ft.
2,326
Sq. Ft.
$25
per Sq. Ft.
New
New

Description

A rare chance to build something truly impactful in the heart of Newport. This 0.79-acre corner parcel at 531 West Main Street sits in a highly convenient location—close to downtown amenities, Lake Memphremagog’s waterfront, and within easy reach of the Jay Peak recreation area. The existing structure is in very rough condition and is best suited for removal, opening the door for a fresh start and a forward-thinking new build. With generous frontage on both West Main Street and Highland Avenue, the...A rare chance to build something truly impactful in the heart of Newport. This 0.79-acre corner parcel at 531 West Main Street sits in a highly convenient location—close to downtown amenities, Lake Memphremagog’s waterfront, and within easy reach of the Jay Peak recreation area. The existing structure is in very rough condition and is best suited for removal, opening the door for a fresh start and a forward-thinking new build. With generous frontage on both West Main Street and Highland Avenue, the lot offers design flexibility that few in-town parcels can match. City water, sewer service and electric are already onsite, making future development more streamlined and cost-effective. Consider the potential for a thoughtfully designed duplex or multi-unit building, where the natural grade allows lower units to be accessed from West Main and upper units from Highland—creating the possibility for all units to be at grade and handicap-accessible without elevators or major infrastructure. This property is also an excellent candidate for the Vermont Housing Improvement Program (VHIP), which offers up to $70,000 per qualifying unit for the creation of new accessible housing. That’s real money toward construction costs—and a meaningful push toward addressing Vermont’s housing shortage. Whether you envision a modern single-family home or a multi-family development that contributes directly to the community’s needs, this lot invites creativity. Be part of the solution by expanding Newport’s housing options, strengthening the neighborhood, and transforming this underutilized property into something the community can be proud of. Please note that some photos or AI generated Renderings and buyers should perform due diligence to ensure their specific plans can be accomplish on the site. Exterior access only as the building is not safe to enter.
  1. Listed by Nicholas Maclure • Century 21 Farm & Forest

Property Details for 531 West Main Street

Zoning
Urban Residential
LISTING UPDATED: 02/10/2026 06:24 PM

Property Details for 531 West Main Street

StatusActive
MLS #5076212
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1890
Lot Size0.79 AC / 34,412 SF
CountyOrleans County

Location

Listing Courtesy of Century 21 Farm & Forest
Add your commute

Building Information for 531 West Main Street

Stories2Year Built1890Building Size-Lot Size0.79 AC / 34,412 SF

Payment Calculator

$427 per month

30 year fixed, 6.15% Interest

Principal and Interest

$288

Property Taxes

$139

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 531 West Main Street

Summary
Location and General Information
  • City: Newport City
  • County: VT-Orleans
  • Directions: Located on the corner of West Main St. and Highland Ave.
  • Latitude: 44.933710000001000
  • Longitude: -72.224502000000001
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05855
Taxes and HOA Information
  • SPAN Number: 435-136-15648
  • Taxes TBD: Yes
Parking
  • Garage: Yes
  • Garage Capacity: 2.00
  • Driveway: Dirt
Property
Lot Information
  • Lot Features: City Lot, Corner, Level, Sloping, In Town
  • Lot Size Acres: 0.79
  • Road Frontage Length: 646.0
Property and Assessments
  • Current Use: No
  • Property Class: Residential
  • Property Type: Single Family
  • Construction Status: Existing
  • Flood Zone: No
  • PreConstruction: No
  • Suitable Use: Development Potential, Residential
  • Surveyed: Unknown
  • Year Built: 1890
Utilities
  • Electric Company: Vermont Electric
  • Cable Company: Comcast
  • Electric: Other
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable Available
  • Internet: High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Shingle Siding
  • Roof: Other, Slate
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt, Dirt Floor
  • Heating: Propane, Gas Heater
  • Cooling: None
  • Total Stories: 2.5

Property History for 531 West Main Street

DateEvent & SourcePriceAppreciation
Feb 10, 2026

Listed (Active)

New England Real Estate Network #5076212

$59,000—
Jul 12, 2016

Expired

New England Real Estate Network #4407708

—
Mar 11, 2015

Listed (Active)

New England Real Estate Network #4407708

$75,000—
May 12, 2004

Sold

New England Real Estate Network #813435

$40,000—
Jan 3, 2004

Pending

New England Real Estate Network #813435

—
Jul 19, 2001

Price Change

New England Real Estate Network #813435

$51,500—
Jul 19, 2001

Listed (Active)

New England Real Estate Network #813435

$49,900—
DateEvent & SourcePrice
02/10/2026

Listed (Active)

New England Real Estate Network #5076212

$59,000
07/12/2016

Expired

New England Real Estate Network #4407708

—
03/11/2015

Listed (Active)

New England Real Estate Network #4407708

$75,000
05/12/2004

Sold

New England Real Estate Network #813435

$40,000
01/03/2004

Pending

New England Real Estate Network #813435

—
07/19/2001

Price Change

New England Real Estate Network #813435

$51,500
07/19/2001

Listed (Active)

New England Real Estate Network #813435

$49,900

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

Public Records for 531 West Main Street

Taxable ValueLand$25,000Additions$25,800Total$50,800
Tax Record2022$1,673 ($139 / month)
Home Facts
Baths2.5Total Finished SqFt2,326 SqFtAbove Grade Finished SqFt2,326 SqFtStories2Lot Size34,412 SqFtStyleTriplexYear Built1890ZoningURCountyORLEANSAPN(136) 134109

Schools near 531 West Main Street

This home is within North Country Senior Union High School District #22.
Rating
School
Type
Grades
Distance
Newport City Elementary School
Public - PK to 6
North Country Junior Uhsd #22
Public - 7 to 8
North Country Senior Uhsd #22
Public - 9 to 12
North Country Career Center
Public - 9 to 12
Rating
School
Distance
Newport City 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.

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More information about 531 West Main Street, Newport, VT 05855

531 West Main Street is a single family home for sale in Newport, VT 05855. This listing's school districts are North Country Senior Union High School District #22, North Country Junior Union High School District #22, Newport City School District. Nearby schools include Newport City Elementary School, North Country Junior Uhsd #22 and North Country Senior Uhsd #22. 531 West Main Street is a 4-bed, 3-bath, 2,326 sqft single family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Farm & Forest

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 02/11/2026 06:40 AM