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Listed by MyKayla Tanguay • Jim Campbell Real Estate
$ 1,500,000
Est. payment | /mo
8.85 Acres Lot
$ 1,500,000
Est. payment | /mo
8.85 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Stonewall Development
MLS Listing ID 5066741
Annual Tax Amount $5,249
Tax Year 2024
Lot Size 8.850 Acres
Acres 8.85
Property Description
Now is your chance to secure a fully permitted development project located in the heart of Newport, Vermont. This unique offering includes 19 build-ready lots, complete with water, sewer, power, and fire hydrants already in place allowing you to move forward with construction immediately. State and local permits on file for the development, each lot has been surveyed with pins set, and would fall under the Vermont Home ACT S.100, giving you flexibility to build single-family homes, duplexes, triplexes, quadplexes, or a combination. Whether you're planning a residential neighborhood or a mixed-use community, this project offers the foundation for success. Positioned in a prime location, these lots are just minutes from North Country Hospital, I-91, restaurants, shopping, bike path, and more. Residents will enjoy both convenience and the charm of a growing community. Adding a touch of character, each street in this development is named after U.S. presidents and generals. Don't miss this one-of-a-kind opportunity to shape the future of Newport by bringing much-needed housing and investment to the area. With infrastructure and approvals already in place, the path is clear for your next development venture. *Home Act S.100-Expansion of multi-unit housing: The law essentially bans single-family-only zoning statewide. It requires municipalities to: Allow duplexes wherever single-family homes are permitted and permit up to four-plexes on lots served by municipal water and sewer.
Location
State VT
County Vt-orleans
Area Vt-Orleans
Zoning Yes - Newport City
Exterior
Utilities Available Other
Building
Sewer Public Sewer On-Site
Schools
Elementary Schools Newport City Elementary
Middle Schools North Country Junior High
High Schools North Country Union High Sch
School District North Country Supervisory Union
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Kris Labrake
REALTOR® | Lic# 070372