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

Derby
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
- Pine Hill Road #Lot F,Derby, VT 05829
$699,000
  • 41 Acres
  • Lots / Land
  • Active
Listed by: nicholas maclure
Office: century 21 farm & forest802-334-1200
MLS#:4958531
Source:PrimeMLS

Price summary

  • Price:$699,000

About this home

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...

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Home facts

  • Listing ID #:4958531
  • Added:1143 day(s) ago
  • Updated:September 05, 2026 at 10:30 AM

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

Features and amenities

  • Amenities:At Street
MLS LogoCopyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated September 5, 2026

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