- Pine Hill Road, Unit LOT F

Newport, VT 05855

$699,000
Price
1,785,960 / 41
Lot Size / Acres

Description

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...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.
  1. Listed by Nicholas Maclure • Century 21 Farm & Forest
  2. Listed by Daniel Maclure • Century 21 Farm & Forest

Property Details for - Pine Hill Road, Unit LOT F

Zoning
Commercial

Location

Listing Courtesy of Century 21 Farm & Forest
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LISTING UPDATED: 06/23/2023 04:04 PM

Property Details for - Pine Hill Road, Unit LOT F

StatusActive
MLS #4958531
Days on Market322
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass 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, Unit LOT F

Lot Size41.00 AC

Payment Calculator

$3,815 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,815

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for - Pine Hill Road, Unit LOT F

Summary
Location and General Information
  • Area Description: Abuts Golf Course, Near Country Club, Near Golf Course, Near Shopping, Near Skiing, Near Snowmobile Trails
  • 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
School Information
  • School - High: North Country Union High Sch
  • School - District: North Country Supervisory Union
  • School - Elementary: Derby Elementary
  • School - Middle/Jr: North Country Junior High
Property
Lot Information
  • Estimated Open Space %: 50
  • Lot: F
  • Lot - Sqft: 1785960.0
  • Lot Size Acres: 41.0
  • Road Frontage Length: 2300.0
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
Utilities
  • Electric Company: Vermont Electric
  • Cable Company: Comcast
  • Electric: At Street
  • Sewer: On-Site Septic Needed
  • Utilities: Cable - At Site
Interior and Exterior Features
Exterior Features
  • Exposure: East, North, South, West
  • Roads: Paved, Private

Property History for - Pine Hill Road, Unit LOT F

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near - Pine Hill Road, Unit LOT F

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.

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- Pine Hill Road, Unit LOT F 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, Unit LOT F 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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Farm & Forest

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