Commercial Land with Lake
For Sale
$699,000
Mount Vernon Street lot F, Newport City, VT 05855
Commercial Sale, Newport City, VT
Property SizeContact for details
Lot Size41.00 Acres
Days on Market1158
Property Features for Mount Vernon Street lot F
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
commercial
Lot features
Near Golf Course, Near Shopping, Near Snowmobile Trails, Corner, Field/ Pasture, Level, Mountain View, Open, Sloping, View, Wetlands, Wooded
Directions
Take Exit 27 off I-91 to 191 Access Road towards Newport City. Take 2nd left onto Pine Hill Road. Lot is on right corner of Pine Hill Road & Mount Vernon Street.
Standard status
Active
Lot size
41.00 Acres
Taxes and HOA fees
Tax Year
2023
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 23 at 9:06PM
MLS# 4958533
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 commercial land parcel includes elevated areas with views toward Lake Memphremagog, Jay Peak, Owls Head, and downtown Newport. The property is currently designated for commercial use, while any residential development would require applicable approvals and rezoning. Water and septic systems are needed.
The parcel is positioned near the I-91 access road, Newport Country Club, Pine Hill Road, and Mt. Vernon Street. Conceptual planning has explored a 7-lot commercial subdivision and a 13-lot residential subdivision. The property is also within the Foreign Trade Zone, and the source information identifies possible eligibility for New Market Tax Credits and CHIP funding, subject to program requirements and approval.
The parcel is positioned near the I-91 access road, Newport Country Club, Pine Hill Road, and Mt. Vernon Street. Conceptual planning has explored a 7-lot commercial subdivision and a 13-lot residential subdivision. The property is also within the Foreign Trade Zone, and the source information identifies possible eligibility for New Market Tax Credits and CHIP funding, subject to program requirements and approval.
Key Highlights
- 41‑acre commercial land parcel
- Commercial zoning with elevated areas overlooking Lake Memphremagog, Jay Peak, Owls Head, and downtown Newport
- Near the I‑91 access road, Newport Country Club, Pine Hill Road, and Mt. Vernon Street
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 05855, VT
7,388
Population
3,880
Households
1.9
Avg Household Size
46
Median Age
25%
College-Educated
90%
High-School Grad
59.1 sq mi
ZIP Area
125
Density / Sq Mi
$57,611
Median Household Income
$34,381
Median Earnings
$866
Median Rent
$194,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercially zoned land with elevated terrain, regional views, and access near I-91.
Where is this commercial land located?
The property is located at Mount Vernon Street lot F Newport City, 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 commercial land parcel; Commercial zoning with elevated areas overlooking Lake Memphremagog, Jay Peak, Owls Head, and downtown Newport; Near the I‑91 access road, Newport Country Club, Pine Hill Road, and Mt. Vernon Street
