- Pine Hill Road #Lot F, Derby, VT 05829

Local realty services provided by:CENTURY 21 Farm & Forest
- Pine Hill Road #Lot F,Derby, VT 05829
$699,000
  • 41 Acres
  • Lots / Land
  • Active
Listed by:
MLS#:4958531
Source:PrimeMLS

Price summary

  • Price:$699,000

About this home

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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Home facts

  • Listing ID #:4958531
  • Added:883 day(s) ago
  • Updated:December 17, 2025 at 01:34 PM

Structure and exterior

  • Lot area:41 Acres

Schools

  • High school:North Country Union High Sch
  • Middle school:North Country Junior High
  • Elementary school:Derby Elementary

Utilities

  • Sewer:On Site Septic Needed

Finances and disclosures

  • Price:$699,000
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