Lot H Mt Vernon Street Newport, VT 05855

Price
Not For Sale
Last Update
Feb 11th, 2021
Type
Off Market
Status
Off Market
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Off Market

Snapshot

Property Type
Other
Lot Size
125.00 acres
Property Sqft
MLS Number
4782451
Year Built
Days On Market

Description

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.

More Details

Provider
Century 21 Farm & Forest Realty Inc
MLS ID
NNERENNH
MLS Name
New England Real Estate Network
MLS Number
4782451
Source
listhub
PARTICIPANT
Name
Daniel Maclure
Primary Phone
(802) 334-1200
Key
3YD-NNERENNH-13848
Email
dan@farmandforest.com
BROKER
Name
Century 21 Farm & Forest Realty Inc
Phone
(802) 334-1200
OFFICE
Name
Century 21 Farm & Forest
Phone
(802) 334-1200
Copyright © 2024 New England Real Estate Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Sale$2,900,000 Century 21 Farm & Forest
Listed For Sale$2,900,000 Century 21 Farm & Forest
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Nearby Schools

Elementary School

Newport City Elementary Schools

0.8 miles awayKG - 06

Undergraduate School

North Country Career Center

1 miles awayUG - UG