$490,000
- 2 Beds
- 2 Baths
- 1,290 Sq Ft
196 Stateside Rd Unit 4783, Jay, VT 05859
Sarah MacLeod Four Seasons Sotheby's Int'l Realty
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Newport, Vermont, is a small town located in the scenic Northeast Kingdom region, offering a peaceful lakefront lifestyle on the south end of Lake Memphremagog. The town is surrounded by the Green Mountains and is just 5 miles from the Canadian border. Newport's rural charm is complemented by its proximity to larger cities in New England and Quebec, with Montreal about 100 miles northwest and Boston over 200 miles southeast. The town features a small downtown area with shops, restaurants, and pubs, such as Jasper's Tavern and the East Side Restaurant and Pub, providing various things to do for residents. Main Street is the heart of downtown, characterized by red brick sidewalks and historic buildings like the Orleans County Superior Courthouse and the Goodrich Memorial Library. Newport's housing includes older homes from the late 1800s and early 1900s, with styles ranging from New England farmhouses to Cape Cod-style cottages and lakefront mansions. The town's location on Lake Memphremagog offers ample recreational opportunities, including boating, waterskiing, hiking, and mountain biking in the summer, while nearby ski resorts like Jay Peak and Burke Mountain attract winter sports enthusiasts. Newport has schools within the town, ensuring students do not have long commutes. The town is a reasonable distance from larger cities, making it an attractive option for those seeking a tranquil environment with access to urban amenities.
On average, homes in Newport, VT sell after 93 days on the market compared to the national average of 70 days. The median sale price for homes in Newport, VT over the last 12 months is $25,000, down 90% from the median home sale price over the previous 12 months.