3 months on rocket

0 Pepin Dr, Newport City, VT, 05855

$595,000

18.60 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #5010534
Lot Size18.60 Acres
StatusActive

About 0 Pepin Dr

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.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX All Seasons Realty - Lyndonville
  • Office Phone: (802) 626-4343
  • Listing Agent: Russell Ingalls

Lot Features

Lot Information:

  • Lot Size: 18.60 Acres

Other

Directions Information:

  • Directions: Leaving Center of Newport City, Drive on Mount Vernon St. Right onto Pepin Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $595,000
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Housing Market Comparison

See how this home compares to others in Newport, VT.

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Newport, VT

City

Med. List Price

$297K

Med. Price/SqFt

$178

Avg. Days On Market

71

# of Sold Homes

2

0 Pepin Dr vs Newport

92 DAYS ON ROCKET

+21 Days

$595,000

+$298K More

KEY TAKEAWAY

This property is $298K more than the Median List Price in Newport, VT.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #5010534

Listing Office:

  • Office Name: RE/MAX All Seasons Realty - Lyndonville
  • Office Phone: (802) 626-4343
  • Listing Agent: Russell Ingalls

IDX© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site 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.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,037

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,850

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-291031
3
/10

  • Newport City Elementary School

  • 166 Sias Ave

  • 0.78 miles

  • Public District Grades PK-6

school-card-donut-291032
3
/10

  • Newport Town School

  • 4212 VT Route 105

  • 5.47 miles

  • Public District Grades PK-6

school-card-donut-291033
4
/10

  • Derby Elementary School

  • 907 Elm St

  • 6.03 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,250. The most common annual income of people living in Newport, VT is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 0 Pepin Dr

What is the listing price of this property?

The listing price of 0 Pepin Dr property is $595,000.

What type of property is this?

The property 0 Pepin Dr is land located in Newport City, Vermont, 05855.

Is this property for sale now?

Active Listing: 0 Pepin Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 0 Pepin Dr is 18.60 acres.
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Rocket Homes›Vermont›Orleans County›Newport›05855›0 Pepin Dr

This home is located at 0 Pepin Dr in Newport City, VT and zip code 05855. This home sits on a 18.60 acre lot. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $595,000.

The number of listings in Newport, VT increased by 75% between September 2024 and October 2024. Listings spent 71 days on the market in October 2024, and had a median list price of $297,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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