Commercial Development
For Sale
$699,000
Pine Hill Road lot F, Derby, VT 05829
Land, Derby, VT
Property SizeContact for details
Lot Size41.00 Acres
Days on Market1164
Property Features for Pine Hill Road lot F
General Information
Property type
Land
Property subtype
Other
Zoning
Commercial
Lot features
Abuts Golf Course, Near Country Club, Near Golf Course, Near Shopping, Near Skiing, Near Snowmobile Trails, Field/ Pasture, Level, Major Road Frontage, Open, Sloping, View, Wetlands, Wooded
Elementary school
Derby Elementary
Middle school
North Country Junior High
High school
North Country Union High Sch
Elementary school district
North Country Supervisory Union
Middle school district
North Country Supervisory Union
High school district
North Country Supervisory Union
Directions
From I-91 Access Rd take Pine Hill Rd to stop sign. Property is on right corner of Pine Hill & Mt Vernon. Lot access is first right on Mt Vernon, opposite the golf course at Newport Country Club.
Standard status
Active
Lot size
41.00 Acres
Utilities
Sewer type
Septic Needed
Water source
Well Needed
Listing Agency:
Century 21 Farm & Forest · Century 21 Real Estate
(802) 334-1200
Listed By:
Nicholas Maclure
(802) 334-1200
Added: Jun 23, 2023
Changed: Aug 19
Last Checked: Aug 29 at 11:06AM
MLS# 4958531
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 41-acre parcel is currently zoned for commercial use and sits between the City of Newport and the Town of Derby. Elevated portions of the property offer views of Lake Memphremagog, Jay Peak, Owls Head, and downtown Newport. Conceptual plans presented for the site show potential for either a 7-lot commercial subdivision or a 13-lot residential subdivision, subject to necessary approvals and rezoning.
The property is positioned near the I-91 access road and close to Newport Country Club, Pine Hill Road, and Mt. Vernon Street, and it is located within the Foreign Trade Zone. The remarks also note possible eligibility for New Market Tax Credits, and that residential development may be suitable for CHIP funding, if approved, for infrastructure such as roads, power, water, sewer, stormwater, and engineering.
A personal inspection is recommended. Please note that one of the property shareholders is a licensed Vermont real estate broker.
The property is positioned near the I-91 access road and close to Newport Country Club, Pine Hill Road, and Mt. Vernon Street, and it is located within the Foreign Trade Zone. The remarks also note possible eligibility for New Market Tax Credits, and that residential development may be suitable for CHIP funding, if approved, for infrastructure such as roads, power, water, sewer, stormwater, and engineering.
A personal inspection is recommended. Please note that one of the property shareholders is a licensed Vermont real estate broker.
Key Highlights
- 41‑acre parcel between the City of Newport (27.6 acres) and the Town of Derby (13.2 acres), near I‑91 access road and Newport Country Club
- Currently zoned for commercial use; conceptual plans show potential for either a 7‑lot commercial subdivision or a 13‑lot residential subdivision (subject to approvals and rezoning)
- Elevated portions offer views of Lake Memphremagog, Jay Peak, Owls Head, and downtown Newport
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 05829, VT
1,854
Population
1,141
Households
1.6
Avg Household Size
48
Median Age
23%
College-Educated
93%
High-School Grad
23.9 sq mi
ZIP Area
78
Density / Sq Mi
$67,917
Median Household Income
$33,716
Median Earnings
$1,096
Median Rent
$213,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - 41-acre parcel zoned for commercial use near I-91 access road with conceptual plans for multiple subdivision options.
Where is this commercial land located?
The property is located at Pine Hill Road lot F Derby, VT.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 41‑acre parcel between the City of Newport (27.6 acres) and the Town of Derby (13.2 acres), near I‑91 access road and Newport Country Club; Currently zoned for commercial use; conceptual plans show potential for either a 7‑lot commercial subdivision or a 13‑lot residential subdivision (subject to approvals and rezoning); Elevated portions offer views of Lake Memphremagog, Jay Peak, Owls Head, and downtown Newport
