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      Lot H Mt Vernon StreetNewport City, VT 05855MLS Number 4782451

      • Price: $2,900,000The price has recently decreased
      • Est. Mortgage of $/month
      • 288 Days on Market
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      Price Down Payment Interest Rate Years
      %

      Est. Mortgage: $/month

      Federal 30-year interest rate: 2.99% last updated on 2020-07-30

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      Active
      Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855Lot H Mt Vernon Newport City VT 05855
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      Your Local Office


      4403 Main Street PO Box 703
      Waitsfield VT, 05673

      Office: 1.802.496.9800

      • 125Acreage
      • ActiveMLS Status
      • NewportVillage
      • VECPower Company
      Listed by Nicholas Maclure and Daniel Maclure of Century 21 Farm & Forest

      Driving Directions

      Wonderful Investment Property in Newport! Approximately 125 acres in Newport bordering the Newport Country Club. Fabulous views overlooking the city and Lake Memphremagog as well as Jay Peak to the west & Owl's Head to this north in Canada. There is a huge quantity of high-grade gravel and it's permitted for 150K yards per year. Great access with the potential for over 100 residential units. This property is located in an IRS designated Opportunity Zone which could provide an investor with preferential tax treatment as part of the Tax Cuts and Jobs Act of December 2017. Finally a project could qualify for New Market Tax Credits. A must see development opportunity in the Northeast Kingdom! Brokers are Shareholders.

      Ask A Question

      Call: 1-802-793-1515 1-802-496-9800

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      More Info

      Basic Information

      • Virtual TourView Tour
      • Date Listed10/22/2019
      • StatusACT
      • Property TypeLand
      • List Price$2,900,000
      • MLS Number4782451
      • MLS StatusActive

      Other

      • SurveyedNo
      • ZoningRes
      • View Count23

      Location

      • Building NumberLot H
      • StreetMt Vernon
      • VillageNewport
      • TownNewport City
      • StateVT
      • Zip05855
      • CountyOrleans
      • Flood ZoneNo
      • DistrictNorth Country Supervisory Union
      • Elementary SchoolNewport City Elementary
      • Junior HighNorth Country Junior High
      • High SchoolNorth Country Union High Sch

      Property

      • Acreage125
      • Area
        • Business District
        • Near Country Club
        • Near Golf Course
        • Near Shopping
        • Near Skiing
        • Near Snowmobile Trails
      • Square Feet5,445,000
      • Current UseDevelopment Potential
      • RoadsPublic
      • TopographyLevel, Major Road Frontage, Open, Sloping, View

      Utilities

      • Power CompanyVEC
      • WaterPublic Water - At Street
      • ElectricAt Street
      • SewerPublic Sewer at Street
      Broker Reciprocity

      Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated August 5, 2020.

       

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