Land for Sale - - Pine Hill Road Lot F, Derby, VT 05829 - 41 acres

41 acres in Orleans County, VT

- Pine Hill Road Lot F, Derby, VT | Lat/Lng:  44.8980, -72.1780

$699,000
41 ac.
04/10/2025
ACTIVE
Main Listing ImageMain Listing Image

Description

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.

Details

County: Orleans
Zipcode: 05829
Property Type One: Undeveloped Land
Brokerage: Century 21 Farm & Forest
Brokerage Link: www.FarmAndForest.com
Nicholas Maclure
Century 21 Farm & Forest
(802) 880-8943
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