LOT SIZE 41.000 acres
MLS#4958531
STATUSActive
PROPERTY TYPELand - Farm
SCHOOLNorth Country Supervisory Union
Listing Courtesy of:
Century 21 Farm Forest
Agency Phone: 802-334-1200
Associate Name: Nicholas Maclure
Property Description
This 41-acre parcel is strategically located between the City of Newport (27.6 acres) and the Town of Derby (13.2 acres), offering exceptional visibility and accessibility near the I-91 access road, Newport Country Club, Pine Hill Road, and Mt. Vernon Street. Currently zoned for commercial use, the property also presents significant potential for residential development, subject to necessary approvals and rezoning. Elevated portions of the land offer outstanding views of Lake Memphremagog, Jay Peak, Owls Head, and downtown Newport, creating a unique setting for a variety of development opportunities. Conceptual plans have demonstrated the potential for either a 7-lot commercial subdivision or a 13-lot residential subdivision. The property is located within the Foreign Trade Zone, which may provide advantages such as reduced import costs for qualifying businesses, and it may also be eligible for New Market Tax Credits. Furthermore, from a residential development perspective, this property might be well suited for Community Housing and Infrastructure Program (CHIP) funding which if approved can be used for infrastructure such as roads, power, water, sewer, stormwater, engineering and more. Opportunities of this scale, location, and development potential are increasingly rare in the Newport-Derby market. A personal inspection is highly recommended. *Please note that one of the property shareholders is a licensed Vermont Real Estate Broker.
Property Features
Property Type: Land - Farm
Lot Size: 41.00 Acres
Feature Descriptions
Days on Site: 1129
Electric: At Street
Flood Zone: No
Land Restrictions: Deed, Mobile Homes, Other
Lot: Abuts Golf Course, Near Country Club, Near Golf Course, Near Shopping, Near Skiing, Near Snowmobile Trails, Field/Pasture, Level, Major Road Frontage, Open, Sloping, View, Wetlands, Wooded
Road Frontage: 2300
Roads: Paved, Private Road
Sewer: On-Site Septic Needed
Surveyed: Yes
Water: On-Site Well Needed
Wooded: Yes
Zoning: Commercial
Local Schools
High School: North Country Union High Sch
Middle School: North Country Junior High
Elementary School: Derby Elementary
School District: North Country Supervisory Union
Listed By / Shown By
Listed By
Agency Name: Century 21 Farm Forest
Agent Name: Nicholas Maclure
Agency Phone: 802-334-1200
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
TOUR PROPERTY
Choose a date and time to see - Pine Hill Road, Lot #Lot F, Derby, VT 05829.
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Estimate Your Payment
Estimated Payment
$ 1,759.55 per month $1,555.67 Principal & Interest $0.00 Property Tax (data not provided by mls) $203.88 Homeowner's Insurance
Listing data compilation and photo(s) copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 2026-07-25 23:33:25 
- Pine Hill Road, Unit Lot F | MLS# 4958531
This land located at - Pine Hill Road, Unit Lot F, Derby, VT 05829 is currently listed for sale with an asking price of $699,000. The property has approximately 41.00 Acres. - Pine Hill Road, Unit Lot F is located within the North Country Supervisory Union school district. Search Derby real estate on www.masiellogrouprealestate.com today.