- Pine Hill Road

Newport, VT 05855

$699,000
Price
1,785,960 / 41
Lot Size / Acres

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...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.
  1. Listed by Nicholas Maclure • Century 21 Farm & Forest
  2. Listed by Daniel Maclure • Century 21 Farm & Forest

Property Details for - Pine Hill Road

Zoning
Commercial
LISTING UPDATED: 08/30/2024 04:50 PM

Property Details for - Pine Hill Road

StatusActive
MLS #4958531
Days on Market545
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size41.00 AC
CountyOrleans County

Building Information for - Pine Hill Road

Lot Size41.00 AC

Property Information for - Pine Hill Road

Summary
Location and General Information
  • Area Description: Abuts Golf Course, Near Country Club, Near Golf Course, Near Shopping, Near Skiing, Near Snowmobile Trails
  • City: Derby
  • County: VT-Orleans
  • 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.
  • Latitude: 44.931583251228481
  • Longitude: -72.186440783691424
  • Road Frontage: Yes
  • State: VT
  • Street Designation: Road
  • Map: 0
  • Zip Code: 05829
Taxes and HOA Information
  • SPAN Number: 177-056-11928
  • Taxes TBD: Yes
School Information
  • School - High: North Country Union High Sch
  • School - District: North Country Supervisory Union
  • School - Elementary: Derby Elementary
  • School - Middle/Jr: North Country Junior High
Property
Lot Information
  • Estimated Open Space %: 50
  • Lot: F
  • Lot - Sqft: 1785960.0
  • Lot Features: Field/Pasture, Level, Major Road Frontage, Open, Sloping, View, Wetlands, Wooded
  • Lot Size Acres: 41.0
  • Road Frontage Length: 2300.0
Property and Assessments
  • Current Use: No
  • Property Class: Land
  • Flood Zone: No
  • Resort: No
  • Suitable Use: Agriculture, Commercial, Development Potential, Field/Pasture, Recreation
  • Surveyed: Yes
Utilities
  • Electric Company: Vermont Electric
  • Cable Company: Comcast
  • Electric: At Street
  • Sewer: On-Site Septic Needed
  • Water Source: On-Site Well Needed
  • Utilities: Cable - At Site
  • Internet: Satellite Internet
Interior and Exterior Features
Exterior Features
  • Exposure: East, North, South, West
  • Roads: Paved, Private

Property History for - Pine Hill Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near - Pine Hill Road

This home is within Derby School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Derby Elementary School
PublicPK to 6

North Country Junior Uhsd #22
Public7 to 8

North Country Senior Uhsd #22
Public9 to 12

North Country Career Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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- Pine Hill Road is a 41 ac of land for sale in Newport, VT 05855. This property was listed for sale on June 23, 2023 by Century 21 Farm & Forest, it's currently listed at $699,000. This listing's school districts are Derby School District, North Country Senior Union High School District #22, North Country Junior Union High School District #22. Nearby schools include Derby Elementary School, North Country Junior Uhsd #22 and North Country Senior Uhsd #22. - Pine Hill Road is a 0-bed, 0-bath, 41 ac of land on a 1,785,960 sq. ft. / 41 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Farm & Forest

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