0 Pepin DriveNewport City, VT 05855MLS Number 5010534

  • Price: $595,000
  • Est. Mortgage of $/month
  • 114 Days on Market
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Federal 30-year interest rate: 6.69% last updated on Dec 5, 2024
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0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
0 Pepin Drive Newport City VT 05855
  • 18.6Acreage
  • 810,216Square Feet

Driving Directions

Listed by Russell Ingalls of RE/MAX All Seasons Realty - Lyndonville
At a time when the State of Vermont is experiencing a crisis in not having enough housing and millions of dollars are being pushed out the door to help build inventory, this 18.60 acre parcel becomes available. This is Opportunity knocking. This is all Act 250 ready with 42 more potential units ready to be built. The infrastructure is already in the ground. 6 condos have been previously built and sold and are not part of this sale. Stay with that thought or come up with your own such as duplexes. What you will see when you enter this site is expansive views of Lake Memphemagog and the surrounding mountains. Overlooking the beautiful city of Newport, all the amenities that one would expect are here from world class dining, shopping, a full service hospital and unbelievable recreation. The golf course is one driveway up. For you out of area developers, tell me where you will find this type of opportunity for $595,000 that is this ready to build on with anxious buyers ready to spend. Opportunity awaits.

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Tax Information

  • Tax Year2023

Property

  • Acreage18.6
  • AreaVT-Orleans
  • Square Feet810,216
  • CurrentUseDevelopment Potential, Residential
  • Road Frontage1600

Amenities

  • AmenitiesCommon Acreage
  • PricePerSqFt31989.25

Other

  • Taxes$2,407
  • SurveyedYes
  • ZoningGR
  • Date Listed08/20/2024
  • View Count74

Basic Information

  • StatusACT
  • List Price$595,000
  • MLS Number5010534
  • MLS StatusActive

Utilities

  • Power CompanyVEC
  • ElectricOn-Site, Underground
  • SewerPublic Sewer On-Site
  • UtilitiesCable - At Site, Telephone At Site, Underground Utilities

Water Body

  • Water Body NameMemphremagog Lake
  • Water Body TypeLake
  • Water ViewYes
  • Water Body AccessNo

Location

  • StreetPepin Drive
  • TownNewport City
  • StateVT
  • Zip05855
  • Subdivisionyes
  • CountyOrleans
  • Flood ZoneNo
  • DistrictOrleans Essex North
  • Elementary SchoolNewport Center Elementary
  • Junior HighNorth Country Junior High
  • High SchoolNorth Country Supervisory Un
  • Address0 Pepin Drive
Jim Campbell Real Estate

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Jim Campbell Real Estate
Office: (802) 334-3400
601 East Main Street
Newport, VT 05855
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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 December 12, 2024 9:25 AM EST

 

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