- Pine Hill Unit Lot F
Derby, VT 05829
- – beds
- – baths
- – sqft
- ~41 acre lot
- – on site
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.
Last checked:
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Last updated Aug 30, 2024
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MLS# 4958531 —
Location
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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.
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Latitude:44.931583251228481
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Longitude:-72.186440783691424
The Property
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Property Class:Land
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Lot:F
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Lot SqFt:1,785,960 Sqft
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Lot Acres:41 Sqft
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Land Restrictions:Deed, Mobile Homes
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Zoning:Commercial
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Suitable Use:Agriculture, Commercial, Development Potential, Field/Pasture, Recreation
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Roads:Paved, Private
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Road Frontage:Yes
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Road Frontage Length:2,300 Sqft
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Lot Features:Field/Pasture, Level, Major Road Frontage, Open, Sloping, View, Wetlands, Wooded
Listing Agent
- Contact info:
- Office phone:
- (802) 334-1200
Taxes
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Taxes TBD:Yes
The Listing
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Price Per SqFt:17048.78
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Foreclosed/Bank-Owned/REO:No
Utilities
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Utilities:Cable - At Site
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Sewer:On-Site Septic Needed
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Electric:At Street
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Cable Company:Comcast
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Water Source:On-Site Well Needed
Schools
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Elementary School:Derby Elementary
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Middle Or Jr High School:North Country Junior High
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High School:North Country Union High Sch
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School District:North Country Supervisory Union
The Community
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Area Description:Abuts Golf Course, Near Country Club, Near Golf Course, Near Shopping, Near Skiing, Near Snowmobile Trails
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Covenants:Yes
Extra Units
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Unit/Lot #:Lot F
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Unit 3 Rooms:50
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/23/23
Jun 23, 2023
|
Listed / Active | PRIME_MLS | $699,000 | |
|
4/28/22
Apr 28, 2022
|
Listed / Active | PRIME_MLS |
