- Pine Hill Road #Lot FDerby, VT 05829
This 41-acre parcel, located in both Derby (13.2A) & Newport (27.6A), borders I-91 access road, Newport Country Club, Pine Hill Road & Mt Vernon St. It is zoned for Commercial Use but is also well-suited for residential development, which would require rezoning. As raw land it holds great potential for a large luxury home with its fantastic views of Lake Memphremagog, Jay Peak & Willoughby Gap as well as overlooking downtown Newport. Conceptual drawing are available for a 7-lot commercial subdivision or a 13 lot residential subdivision with onsite water & sewer. Being located within the Foreign Trade Zone could reduce the costs of imports for your business. Finally, a project could qualify for New Market Tax Credits. Certainly a Must See property. ** Two (2) shareholders are Vermont Real Estate Brokers.
- Property TypeLand
- NeighborhoodN/A
- CountyN/A
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site93 Days
- MLS StatusActive
- MLS ID Number4958531
- Home Size Source N/A
- Year BuiltN/A
- Lot Size41 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Sewer Septic Needed
- Acreage 41
- Property Sub Type Unimproved Land
- Zoning Commercial
Exterior Features
- Lot Field/ PastureLevelMajor Road FrontageOpenSlopingViewWetlandsWooded
Community Features
- MLS Area VT-Orleans