Listing courtesy of Nicholas Maclure, Century 21 Farm & Forest Phone: 802-334-1200


- Pine Hill Road, #Lot F, Derby, VT, 05829

- Pine Hill Road, #Lot F, Derby, VT, 05829

1,785,960 sqft

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.


Status:

Active

Type:

Lot / Acreage

Zoning:

Commercial

Frontage:

2300

Acreage:

41

Lot Description:

Field/Pasture,Level,Major Road Frontage,Open,Sloping,View,Wetlands,Wooded

Elementary School:

Derby Elementary

Middle School:

North Country Junior High

High School:

North Country Union High Sch

School District:

North Country Supervisory Union

MLS #:

4958531


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