$699,000

- Pine Hill Rd Derby, VT 05829

Estimated payment $4,409/month

Total Views 116,216
41 Acres
$17,049 Price per Acre
1,785,960 Sq Ft Lot

Highlights

  • Country Club
  • Wetlands on Lot
  • Snowmobile Trail
  • 41 Acre Lot
  • Wooded Lot
  • Views

About This Lot

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.

Listing Agent

Nicholas Maclure

Century 21 Farm & Forest License #081.0004483 Listed on: 06/23/2023

Century 21 Farm & Forest

Co-Listing Agent

Daniel Maclure

License #081.0003174

Property Details

Property Type

  • Land

Lot Details

  • 41 Acre Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Commercial

Schools

  • Derby Elementary School
  • North Country Junior High
  • North Country Union High Sch

Utilities

  • Well Required
  • Septic Needed
  • Internet Available
  • Cable TV Available

Additional Features

  • Property is near golf course and shops
  • Pasture
  • Property Views

Community Details

  • Country Club
  • Snowmobile Trail
  • Electricity Available at Street
  • Wetlands on Lot

Listing and Financial Details

  • Tax Lot F

Property Details

Property Type

Land

Lot Details

41 Acres

Listing Details

  • Directions: From I-91 Access Rd take Pine Hill Rd to stop sign. Property is on right corner of Pine Hill & Mt Vernon. Lot access is first right on Mt Vernon, opposite the golf course at Newport Country Club.
  • Resort: No
  • Property Type: Land
  • Display On Internet: Satellite Internet
  • ResoLotFeatures: Abuts Golf Course, Near Country Club, Near Golf Course, Near Shopping, Near Skiing, Near Snowmobile Trails, Pasture, Level, Major Road Frontage, Open Lot, Sloping, Views, Wetlands, Wooded
  • Road Frontage Type: Paved, Private Road
  • Co List Office Mls Id: 4312-0
  • MLS Status: (10) Active - Active
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Suitable_Use: Agriculture,Commercial,Development Potential,Field/Pasture,Recreation
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Electric: At Street
  • Sewer: On-Site Septic Needed
  • Utilities: Cable Connected
  • Water Source: On-Site Well Needed

Schools

  • Elementary School: Derby Elementary
  • High School: North Country Union High Sch
  • Middle Or Junior School: North Country Junior High

Lot Info

  • Surveyed: Yes
  • Zoning: Commercial
  • Lot Size Acres: 41.0
  • Lot Size Sq Ft: 1785960.0

Tax Info

  • Tax Lot: F
  • Tax Map Number: 0

Map

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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2025 06/27/25 For Sale $699,000 0.0% --
06/21/2024 06/21/24 Off Market $699,000 -- --
06/21/2024 06/21/24 For Sale $699,000 0.0% --
06/20/2024 06/20/24 Off Market $699,000 -- --
06/23/2023 06/23/23 For Sale $699,000 +1298.0% --
05/09/2014 05/09/14 Sold $50,000 -28.1% -- View Prior Sale
01/23/2014 01/23/14 Pending -- -- --
04/02/2012 04/02/12 For Sale $69,500 -- --
Source: PrimeMLS

About the Listing Agent

Nicholas Maclure

Century 21 Farm & Forest

(802) 471-3300

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Nick practiced in Real Estate since 2000 and is a co-owner and the Managing Broker of Century 21 Farm & Forest. He started in Real Estate during the summers while attending the University of Vermont, where he graduated with a B.S. in Mechanical Engineering Management. Post-college, he traveled throughout the U.S. and worked as a handyman mainly in Colorado and Alaska He has always appreciated the beauty of the Northeast Kingdom where he grew up and returned to Vermont to continue working

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Source: PrimeMLS

MLS Number: 4958531

PrimeMLS
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