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- Pine Hill Road, Lot #Lot F, Derby, VT 05829

$699,000
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Active
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
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Property 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 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.

- 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.

Property Features

Property Type: Land - Farm
Lot Size: 41.00 Acres

Feature Descriptions

Days on Site: 1081
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

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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

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