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- Pine Hill Road Lot FDerby, VT 05829
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
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.
| 3 months ago | Listing updated with changes from the MLS® | |
| 11 months ago | Status changed to Active | |
| 2 years ago | Listing first seen on site |
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Last checked: 2025-05-12 03:47 PM UTC
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