0 Pepin Drive , Newport City, VT 05855
Newport City, VT 05855
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.
Details
| MLS# | 5010534 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Days On Site | 150 |
| Listing Provided By | RE/MAX All Seasons Realty - Lyndonville | Russell Ingalls |
Features
| Zoning | GR |
|---|---|
| Acreage | 18.60 |
Market Activity 05855
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Learn More About This Property
| State | VT |
|---|---|
| County | Orleans |
| City | Newport City |
| Zip Code | 05855 |
| Community Name | yes |
| School District | North Country Supervisory Un |
| Elementary School | Newport Center Elementary |
| Middle School | North Country Junior High |
| High School | North Country Supervisory Un |
| Listing VS Median (in yes) | |
Price: $595,000 low | high Med: $549,500 On Site: 150 low | high Med: 245.000000 | |
