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One-in-a-lifetime investment opportunity to purchase an 18 acre parcel in Newport with wonderful westerly views overlooking Lake Memphremagog with permits in place to build 42 additional units. City water and city sewer. Loads of road frontage on 4 city streets. (road frontage is estimated) One of the last remaining large parcels within the city. and permits in place!!!! Owner financing considered.

More Info

Basic Information

  • Date Listed06/17/2022
  • StatusACT
  • List Price$799,000
  • MLS Number4916206
  • MLS StatusActive

Utilities

  • UtilitiesCable - At Site, High Speed Intrnt -AtSite
  • Power CompanyVt Electric
  • WaterPublic
  • ElectricOn-Site
  • SewerPublic

Other

  • Taxes$2,200
  • SurveyedYes
  • ZoningRES ACLNDV MDL-00
  • Permit StatusLocal - Issued, State - Issued

Location

  • StreetMt Vernon Street
  • TownNewport City
  • StateVT
  • Zip05855
  • SubdivisionMt Vernon Estates
  • CountyOrleans
  • Flood ZoneNo
  • DistrictOrleans Essex North
  • Elementary SchoolNewport City Elementary
  • Junior HighNorth Country Junior High
  • High SchoolNorth Country Union High Sch

Property

  • Acreage18.6
  • ExposureWest
  • Area
    • In Town
    • Near Country Club
    • Near Golf Course
    • Near Hospital
    • Near Shopping
    • Near Skiing
    • Near Snowmobile Trails
    • Neighborhood
  • Square Feet810,216
  • CurrentUseDevelopment Potential, Residential
  • Road Frontage2500
  • RoadsDead End, Paved, Public
  • TopographyCondo Development

Water Body

  • Water Body NameMemphremagog Lake
  • Water Body TypeLake
  • Water AccessNo
  • Water ViewYes

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. 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 October 7, 2022 7:39 AM EDT.

 

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