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Pepin DriveNewport City, VT 05855Price: $595,000

  • Price: $595,000
  • Est. Mortgage of $/month
  • 52 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.12% last updated on Oct 3, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $595,000List Price
  • 18.6Acreage
  • 810,216Square Feet
Listed by Russell Ingalls of RE/MAX All Seasons Realty - Lyndonville

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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.

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 10, 2024 1:28 PM EDT

 

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