Estimated payment $4,486/month
Total Views
126,386
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 parcel is strategically located between the City of Newport (27.6 acres) and the Town of Derby (13.2 acres), offering exceptional visibility and accessibility near the I-91 access road, Newport Country Club, Pine Hill Road, and Mt. Vernon Street. Currently zoned for commercial use, the property also presents significant potential for residential development, subject to necessary approvals and rezoning. Elevated portions of the land offer outstanding views of Lake Memphremagog, Jay Peak, Owls Head, and downtown Newport, creating a unique setting for a variety of development opportunities. Conceptual plans have demonstrated the potential for either a 7-lot commercial subdivision or a 13-lot residential subdivision. The property is located within the Foreign Trade Zone, which may provide advantages such as reduced import costs for qualifying businesses, and it may also be eligible for New Market Tax Credits. Furthermore, from a residential development perspective, this property might be well suited for Community Housing and Infrastructure Program (CHIP) funding which if approved can be used for infrastructure such as roads, power, water, sewer, stormwater, engineering and more. Opportunities of this scale, location, and development potential are increasingly rare in the Newport-Derby market. A personal inspection is highly recommended. Please note that one of the property shareholders is a licensed Vermont Real Estate Broker.
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
Map
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Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
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
Nicholas' Other Listings
Source: PrimeMLS
MLS Number: 4958531
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2026 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.
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