- Pine Hill RoadDerby, VT 05829MLS Number 4958531

  • Price: $699,000
  • Est. Mortgage of $/month
  • 389 Days on Market
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Federal 30-year interest rate: 6.89% last updated on Jul 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 41Acreage
  • ActiveMLS Status
  • 50Est Open Space
  • FLot
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.
Listed by Nicholas Maclure of Century 21 Farm & Forest

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IPJ Real Estate
IPJ Real Estate
Office: 802-388-4242
34 Main Street
Middlebury, VT 05753

More Info

Basic Information

  • StatusACT
  • List Price$699,000
  • MLS Number4958531
  • MLS StatusActive

Utilities

  • Power CompanyVermont Electric
  • ElectricAt Street
  • SewerOn-Site Septic Needed
  • UtilitiesCable - At Site

Amenities

  • PricePerSqFt17048.78

Other

  • SurveyedYes
  • ZoningCommercial
  • Date Listed06/23/2023
  • View Count14

Location

  • Building Number-
  • StreetPine Hill Road
  • TownDerby
  • StateVT
  • Zip05829
  • CountyOrleans
  • Flood ZoneNo
  • DistrictNorth Country Supervisory Union
  • Elementary SchoolDerby Elementary
  • Junior HighNorth Country Junior High
  • High SchoolNorth Country Union High Sch

Property

  • Acreage41
  • ExposureEast, North, South, West
  • Area
    • Abuts Golf Course
    • Near Country Club
    • Near Golf Course
    • Near Shopping
    • Near Skiing
    • Near Snowmobile Trails
  • Square Feet1,785,960
  • Est Open Space50
  • CurrentUseAgriculture, Commercial, Development Potential, Field/Pasture, Recreation
  • LotF
  • Road Frontage2300
  • RoadsPaved, Private
  • RestrictionsDeed, Mobile Homes, Other
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Copyright 2024 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 July 15, 2024 8:53 PM EDT

 

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