Land for Sale: Lot H Mt Vernon Street, Newport City, VT 05855

$2,900,000
$2,900,000
Lot H Mt Vernon Street, Newport City, VT 05855
$2,900,000
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Price:
$2,900,000

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Type: Lot/Land
Lot Size: 125.00 acres
City: Newport City
County: Orleans
School District: North Country Supervisory Union
MLS: 4782451
Status: Active
DOM: 540 days
Listed by Century 21 Farm & Forest, Daniel Maclure & Nicholas Maclure
Wonderful Investment Property in Newport! Approximately 125 acres in Newport bordering the Newport Country Club. Fabulous views overlooking the city and Lake Memphremagog as well as Jay Peak to the west & Owl's Head to this north in Canada. There is a huge quantity of high-grade gravel and it's permitted for 150K yards per year. Great access with the potential for over 100 residential units. This property is located in an IRS designated Opportunity Zone which could provide an investor with preferential tax treatment as part of the Tax Cuts and Jobs Act of December 2017. Finally a project could qualify for New Market Tax Credits. A must see development opportunity in the Northeast Kingdom! Brokers are Shareholders.

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Lot & Building Features

Utilities: Satellite
Sewer: Public Sewer at Street
Water: Public Water - At Street
Lot Description: Level, View, Sloping, Open, Major Road Frontage

Community and Schools

Elementary School: Newport City Elementary
Junior High School: North Country Junior High
Senior High School: North Country Union High Sch

Price History of Lot H Mt Vernon Street, Newport City, VT

Date Name Price Difference
10/22/2019 Listing Price $2,900,000 N/A
*We provide this information for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Lot H Mt Vernon Street (MLS #4782451) is a lot/land listing located in Newport City, VT. This is a lot/land listing with a lot of 5,445,000 sqft (or 125.00 acres). This property was listed on 10/22/2019 and has been priced for sale at $2,900,000.

Nearby zip codes are 05823, 05825, 05829, 05857 and 05860. This property neighbors other cities such as Brownington, Coventry, Derby and Newport Town.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data not provided by NEREN.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Century 21 Farm & Forest

Copyright 2021 New England Real Estate Network, Inc. All rights Reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 04/14/2021