0 Pepin
Newport City, VT 05855
- – beds
- – baths
- – sqft
- ~19 acre lot
- – on site
At a time when the State of Vermont is experiencing a crisis in not having enough housing and millions of dollars are being pushed out the door to help build inventory, this 18.60 acre parcel becomes available. This is Opportunity knocking. This is all Act 250 ready with 42 more potential units ready to be built. The infrastructure is already in the ground. 6 condos have been previously built and sold and are not part of this sale. Stay with that thought or come up with your own such as duplexes. What you will see when you enter this site is expansive views of Lake Memphemagog and the surrounding mountains. Overlooking the beautiful city of Newport, all the amenities that one would expect are here from world class dining, shopping, a full service hospital and unbelievable recreation. The golf course is one driveway up. For you out of area developers, tell me where you will find this type of opportunity for $595,000 that is this ready to build on with anxious buyers ready to spend. Opportunity awaits.
Last checked:
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Last updated Sep 5, 2024
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MLS# 5010534 —
Location
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Directions:Leaving Center of Newport City, Drive on Mount Vernon St. Right onto Pepin Drive
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Latitude:44.934730457931764
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Longitude:-72.198360343933089
The Property
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Property Class:Land
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Lot Features:Condo Development, Country Setting, Curbing, Lake View, Landscaped, Major Road Frontage, Mountain View, Open, Secluded, Sloping, Street Lights, Subdivision, Trail/Near Trail, View, Water View, Wooded, Near School(s)
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Lot SqFt:810,216 Sqft
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Lot Acres:18 Sqft
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Zoning:GR
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Suitable Use:Development Potential, Residential
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Roads:Privately Maintained
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Road Frontage:Yes
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Road Frontage Length:1,600 Sqft
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Waterview:Yes
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Waterfront:No
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Water Body Name:Memphremagog Lake
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Water Body Type:Lake
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Water Body Access:No
Listing Agent
- Contact info:
- Office phone:
- (802) 626-4343
Taxes
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Tax Year:2023
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Taxes TBD:No
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Tax - Gross Amount:$2,407
The Listing
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Price Per SqFt:31989.25
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Foreclosed/Bank-Owned/REO:No
Utilities
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Utilities:Cable - At Site, Telephone At Site, Underground Utilities
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Sewer:Public Sewer On-Site
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Electric:On-Site, Underground
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Water Source:Public Water - On-Site
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Cable Company:Comcast
Schools
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Elementary School:Newport Center Elementary
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Middle Or Junior School:North Country Junior High
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High School:North Country Supervisory Un
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School District:Orleans Essex North
The Community
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Development / Subdivision:yes
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Association Amenities:Common Acreage
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Area Description:Abuts Golf Course, Commercial Zoning, In Town, Near ATV Trail, Near Country Club, Neighborhood, Near Golf Course, Near Hospital, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails
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Covenants:Yes
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Easements:Yes
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/20/24
Aug 20, 2024
|
Listed / Active | PRIME_MLS | $595,000 |
