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