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$595,000

0 Beds 0 Baths SQFT 18.60 Acres
Type: Land

0 Pepin Drive
Newport City, VT 05855

MLS#: 5010534
Brandon O'Neill Photo
Brandon O'Neill
Churchill Properties
Real Estate Advisor
Agent Cell:
Office Phone: 833.668.4649
Presented by: Russell Ingalls with RE/MAX All Seasons Realty - Lyndonville;

Property Description 

At a time when the State of Vermont is experiencing a crisis in not having enough housing and millions of dollars are being pushed out the door to help build inventory, this 18.60 acre parcel becomes available. This is Opportunity knocking. This is all Act 250 ready with 42 more potential units ready to be built. The infrastructure is already in the ground. 6 condos have been previously built and sold and are not part of this sale. Stay with that thought or come up with your own such as duplexes. What you will see when you enter this site is expansive views of Lake Memphemagog and the surrounding mountains. Overlooking the beautiful city of Newport, all the amenities that one would expect are here from world class dining, shopping, a full service hospital and unbelievable recreation. The golf course is one driveway up. For you out of area developers, tell me where you will find this type of opportunity for $595,000 that is this ready to build on with anxious buyers ready to spend. Opportunity awaits.


 

General

AreaVT-Orleans
Area DescriptionAbuts Golf Course, Commercial Zoning, In Town, Near ATV Trail, Near Country Club, Near Golf Course, Near Hospital, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails, Neighborhood
ElectricOn-Site, Underground
Elementary SchoolNewport Center Elementary
Flood ZoneNo
High SchoolNorth Country Supervisory Un
Last Updated09/05/2024 12:07:57
Middle SchoolNorth Country Junior High
Price Per Sq Ft Total AG$31,989
ResortNo
Road FrontageYes
School DistrictOrleans Essex North
SewerPublic Sewer On-Site
StatusActive
Subdivisionyes
Suitable UseDevelopment Potential, Residential
Tax Gross Amount$2,407
Tax Year2023
UtilitiesCable - At Site, Telephone At Site, Underground Utilities
ZoningGR
current useNo

Exterior

Lot Size Area18 sqft
Road Frontage Length1,600 sqft
RoadsPrivately Maintained
Water Body AccessNo
Water Body NameMemphremagog Lake
Water Body TypeLake

Additional Details

Price History

Schools 

Middle School North Country Junior High
Elementary School Newport Center Elementary
High School North Country Supervisory Un High School

  

Similar Properties

$595,000

0 Beds 0 Baths SQFT 18.60 Acres
Type: Land

0 Pepin Drive
Newport City, VT 05855

MLS#: 5010534
Brandon O'Neill Photo
Brandon O'Neill
Churchill Properties
Real Estate Advisor
Agent Cell:
Office Phone: 833.668.4649