- Pine Hill Road Lot F
Derby, Vermont 05829, United States

Derby, Vermont 05829, United States
Listed By CENTURY 21 Farm & Forest

The Land for Sale located at - Pine Hill Road Lot F Derby Vermont 05829 with Golf Course View is currently for Sale, - Pine Hill Road Lot F Derby Vermont 05829 is listed for $699,000. If the property located at - Pine Hill Road Lot F Derby Vermont 05829 isn't what you're looking for, search Vermont Real Estate to see other Land for Sale in Derby .

MLS#: 4958531

$699,000 USD

Type
LAND
Minimum sellable space
165,921m² (41ac)
Virtual Tour
The details

Property features

Date Updated: Nov 21, 2024

Key features

Golf Course View

Area

Land/Lot size
165,921m² (41ac)

Description

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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Location

- Pine Hill Road Lot F, Derby, Vermont 05829, United States
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