0 Pepin Drive

Newport, VT 05855

$595,000
Price
810,216 / 18.6
Lot Size / Acres

Description

At a time when the State of Vermont is experiencing a crisis in not having enough housing and millions of dollars are being pushed out the door to help build inventory, this 18.60 acre parcel becomes available. This is Opportunity knocking. This is all Act 250 ready with 42 more potential units ready to be built. The infrastructure is already in the ground. 6 condos have been previously built and sold and are not part of this sale. Stay with that thought or come up with your own such as duplexes....At a time when the State of Vermont is experiencing a crisis in not having enough housing and millions of dollars are being pushed out the door to help build inventory, this 18.60 acre parcel becomes available. This is Opportunity knocking. This is all Act 250 ready with 42 more potential units ready to be built. The infrastructure is already in the ground. 6 condos have been previously built and sold and are not part of this sale. Stay with that thought or come up with your own such as duplexes. What you will see when you enter this site is expansive views of Lake Memphemagog and the surrounding mountains. Overlooking the beautiful city of Newport, all the amenities that one would expect are here from world class dining, shopping, a full service hospital and unbelievable recreation. The golf course is one driveway up. For you out of area developers, tell me where you will find this type of opportunity for $595,000 that is this ready to build on with anxious buyers ready to spend. Opportunity awaits.
  1. Listed by Russell Ingalls • RE/MAX All Seasons Realty - Lyndonville

Property Details for 0 Pepin Drive

Development / Subdivision
yes
Water Body Type
Lake
Water View
Yes
Waterfront Property
No
Zoning
GR
LISTING UPDATED: 09/05/2024 12:07 PM

Property Details for 0 Pepin Drive

StatusActive
MLS #5010534
Days on Market90
Taxes$2,407 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size18.60 AC
CountyOrleans County

Building Information for 0 Pepin Drive

Lot Size18.60 AC

Property Information for 0 Pepin Drive

Summary
Location and General Information
  • Area Description: Abuts Golf Course, Commercial Zoning, In Town, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails, Neighborhood, Near Hospital, Near ATV Trail
  • City: Newport City
  • County: VT-Orleans
  • Directions: Leaving Center of Newport City, Drive on Mount Vernon St. Right onto Pepin Drive
  • Latitude: 44.934730457931764
  • Longitude: -72.198360343933089
  • Road Frontage: Yes
  • State: VT
  • Street Designation: Drive
  • Zip Code: 05855
Taxes and HOA Information
  • SPAN Number: 435-136-16333
  • Tax Year: 2023
  • Taxes TBD: No
School Information
  • School - High: North Country Supervisory Un
  • School - District: Orleans Essex North
  • School - Elementary: Newport Center Elementary
  • School - Middle/Jr: North Country Junior High
Property
Lot Information
  • Lot - Sqft: 810216.0
  • Lot Features: Condo Development, Country Setting, Curbing, Lake View, Landscaped, Major Road Frontage, Mountain View, Open, Secluded, Sloping, Street Lights, Subdivision, Trail/Near Trail, View, Water View, Wooded, Near School(s)
  • Lot Size Acres: 18.6
  • Road Frontage Length: 1600.0
  • Water Body Access: No
  • Water Body Name: Memphremagog Lake
Property and Assessments
  • Current Use: No
  • Property Class: Land
  • Easements: Yes
  • Flood Zone: No
  • Resort: No
  • Suitable Use: Development Potential, Residential
  • Surveyed: Yes
Utilities
  • Electric Company: VEC
  • Cable Company: Comcast
  • Electric: On-Site, Underground
  • Sewer: Public Sewer On-Site
  • Water Source: Public Water - On-Site
  • Utilities: Cable - At Site, Telephone At Site, Underground Utilities
  • Internet: High Speed Intrnt -AtSite
Interior and Exterior Features
Exterior Features
  • Association Amenities: Common Acreage
  • Roads: Privately Maintained

Property History for 0 Pepin Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 0 Pepin Drive

This home is within North Country Senior Union High School District #22.
Rating
School
Type
Grades
Distance
Newport City Elementary School
Public - PK to 6
North Country Junior Uhsd #22
Public - 7 to 8
North Country Senior Uhsd #22
Public - 9 to 12
North Country Career Center
Public - 9 to 12
Rating
School
Distance
Newport City 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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More information about 0 Pepin Drive, Newport, VT 05855

0 Pepin Drive is a 18.6 ac of land for sale in Newport, VT 05855. This property was listed for sale on August 19, 2024 by RE/MAX All Seasons Realty - Lyndonville, it's currently listed at $595,000. This listing's school districts are North Country Senior Union High School District #22, North Country Junior Union High School District #22, Newport City School District. Nearby schools include Newport City Elementary School, North Country Junior Uhsd #22 and North Country Senior Uhsd #22. 0 Pepin Drive is a 0-bed, 0-bath, 18.6 ac of land on a 810,216 sq. ft. / 18.6 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 RE/MAX All Seasons Realty - Lyndonville

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/17/2024 05:03 PM