- Pine Hill Road #Lot F, Derby, VT 05829
Local realty services provided by:ERA Key Realty Services
- Pine Hill Road #Lot F,Derby, VT 05829
$699,000
- 41 Acres
- Lots / Land
- Active
Listed by: nicholas maclure, daniel maclure
Office: century 21 farm & forest
MLS#:4958531
Source:PrimeMLS
Price summary
- Price:$699,000
About this home
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.
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Home facts
- Listing ID #:4958531
- Added:845 day(s) ago
- Updated:November 11, 2025 at 11:28 AM
Structure and exterior
- Lot area:41 Acres
Schools
- High school:North Country Union High Sch
- Middle school:North Country Junior High
- Elementary school:Derby Elementary
Utilities
- Sewer:On Site Septic Needed
Finances and disclosures
- Price:$699,000
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