- Pine Hill, Derby, Vermont - MLS# 4958531
Listed by Century 21 Farm & Forest. Listing Agent: Nicholas Maclure
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Property Details 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.
Location: Derby, Vermont
Price: $699,000.00
MLS #: 4958531
Lot Size: 41 Acres

Topography:
  • Field/Pasture
  • Level
  • Major Road Frontage
  • Open
  • Sloping
  • View
  • Wetlands
  • Wooded
 
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