- Pine Hill RoadDerby, VT 05829MLS Number 4958531

  • Price: $699,000
  • Est. Mortgage of $/month
  • 367 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Jun 20, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Active
  • 41Acreage
  • 1,785,960Square Feet

Driving Directions

Listed by Nicholas Maclure of Century 21 Farm & Forest
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.

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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 Count105

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
Jim Campbell Real Estate
Jim Campbell Real Estate
601 East Main Street
Newport, VT 05855
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