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- Pine Hill Road #Lot F
Derby, VT 05829
Land · Active · MLS #4958531
Listing Courtesy of Century 21 Farm & Forest | Nicholas Maclure
The home
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 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 information
Details at a glance
Building1 property facts
- Style
- Other
Land & utilities3 property facts
- Lot size
- 41 acres
- Sewer
- Septic Tank
- Zoning
- Commercial
Plan your purchase
Estimated monthly cost
Explore costs at the $699,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,535 / monthAdjust
- Principal & interest
- $3,535
- Property tax
- Not entered
- Insurance
- Not entered
- HOA
- Not entered
Annual property taxes were not supplied. HOA amount was not supplied.
Partial estimate: add property tax, insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Listing history
Price and status timeline
No additional listing history is available for public display.
Compare with confidence
Price & market context
See how this home compares with active listings in Derby.
| Metric | This home | Local listings |
|---|---|---|
| List price | $699,000 | $325,000115% above local |
| Price / sq ft | — | — |
| Days on market | 1,090 | 218400% above local |
Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.
Keep exploring
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Common questions
About - Pine Hill Road #Lot F
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Request a tour of - Pine Hill Road #Lot F and a Bean Group agent will help coordinate an available time with the listing side.
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