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Listed by Russell Ingalls • RE/MAX All Seasons Realty - Lyndonville
$ 595,000
Est. payment /mo
Active
0 Pepin DR Newport City, VT 05855
18.6 Acres Lot
UPDATED:
09/05/2024 12:07 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Yes
MLS Listing ID 5010534
Annual Tax Amount $2,407
Tax Year 2023
Lot Size 18.600 Acres
Acres 18.6
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.
Location
State VT
County Vt-orleans
Area Vt-Orleans
Zoning GR
Body of Water Lake
Exterior
Utilities Available Cable - At Site, Telephone At Site, Underground Utilities
Amenities Available Common Acreage
Waterfront Description Yes
View Y/N Yes
Water Access Desc No
View Yes
Building
Sewer Public Sewer On-Site
Schools
Elementary Schools Newport Center Elementary
Middle Schools North Country Junior High
High Schools North Country Supervisory Un
School District Orleans Essex North