# Pine Hill Road lot: F, Derby, VT 05829 > **TL;DR:** land, $699,000. Est. $3,739/mo. Listed 1228 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $699,000 | | Lot Size | 1,785,960 sqft (41.00 acres) | | Property Type | Land (Other) | | Status | Active Under Contract | | Days on Market | 1228 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,535 | | Estimated Insurance | $204 | | **Total** | **$3,739** | ## Nearby Schools - **Elementary:** Derby Elementary - **Middle:** North Country Junior High - **High:** North Country Union High Sch ## Property Highlights - 41.00 acre lot ## Description ### Agent Description This 41-acre parcel is strategically located between the City of Newport (27.6 acres) and the Town of Derby (13.2 acres), offering exceptional visibility and accessibility near the I-91 access road, Newport Country Club, Pine Hill Road, and Mt. Vernon Street. Currently zoned for commercial use, the property also presents significant potential for residential development, subject to necessary approvals and rezoning. Elevated portions of the land offer outstanding views of Lake Memphremagog, Jay Peak, Owls Head, and downtown Newport, creating a unique setting for a variety of development opportunities. Conceptual plans have demonstrated the potential for either a 7-lot commercial subdivision or a 13-lot residential subdivision. The property is located within the Foreign Trade Zone, which may provide advantages such as reduced import costs for qualifying businesses, and it may also be eligible for New Market Tax Credits. Furthermore, from a residential development perspective, this property might be well suited for Community Housing and Infrastructure Program (CHIP) funding which if approved can be used for infrastructure such as roads, power, water, sewer, stormwater, engineering and more. Opportunities of this scale, location, and development potential are increasingly rare in the Newport-Derby market. A personal inspection is highly recommended. *Please note that one of the property shareholders is a licensed Vermont Real Estate Broker. ## Location - **Address:** Pine Hill Road lot: F, Derby, VT 05829 - **County:** VT-Orleans - **Coordinates:** 44.93158325, -72.18644078 - **Google Maps:** https://www.google.com/maps?q=44.93158325,-72.18644078 ## Virtual Tour & Media - **Video Tour:** https://tour.neren.com/Pine-Hill-Road-Lot-F-Derby-VT-05829/unbranded ## Listing Agent - **Name:** Nicholas Maclure - **Brokerage:** Century 21 Farm & Forest Realty Inc - **Broker Phone:** (802) 334-1200 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/Pine-Hill-Rd-Lot-F_Derby_VT_05829_M36532-59717?f=listhub&s=NNERENNH&m=4958531&c=propsimple) ## Photos ![Pine Hill Road lot: F - Photo 1](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f3645649951r.jpg) ![Pine Hill Road lot: F - Photo 2](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f1063507875r.jpg) ![Pine Hill Road lot: F - Photo 3](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f4263548358r.jpg) ![Pine Hill Road lot: F - Photo 4](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f581883890r.jpg) ![Pine Hill Road lot: F - Photo 5](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f1457223296r.jpg) ![Pine Hill Road lot: F - Photo 6](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f1128222767r.jpg) ![Pine Hill Road lot: F - Photo 7](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f3067419027r.jpg) ![Pine Hill Road lot: F - Photo 8](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f1232820988r.jpg) ![Pine Hill Road lot: F - Photo 9](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f499890502r.jpg) ![Pine Hill Road lot: F - Photo 10](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f1806240134r.jpg) ![Pine Hill Road lot: F - Photo 11](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f3972907295r.jpg) ![Pine Hill Road lot: F - Photo 12](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f458828245r.jpg) ![Pine Hill Road lot: F - Photo 13](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f1027929517r.jpg) ![Pine Hill Road lot: F - Photo 14](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f4293554143r.jpg) ![Pine Hill Road lot: F - Photo 15](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f4184397172r.jpg) ![Pine Hill Road lot: F - Photo 16](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f4169230555r.jpg) ![Pine Hill Road lot: F - Photo 17](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f2886851935r.jpg) ![Pine Hill Road lot: F - Photo 18](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f1410634690r.jpg) ![Pine Hill Road lot: F - Photo 19](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f291773749r.jpg) ![Pine Hill Road lot: F - Photo 20](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f1650888214r.jpg) ![Pine Hill Road lot: F - Photo 21](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f12352871r.jpg) ![Pine Hill Road lot: F - Photo 22](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f3459592158r.jpg) ![Pine Hill Road lot: F - Photo 23](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f2419952102r.jpg) ![Pine Hill Road lot: F - Photo 24](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f1381771005r.jpg) ![Pine Hill Road lot: F - Photo 25](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f2247906077r.jpg) ![Pine Hill Road lot: F - Photo 26](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f834508640r.jpg) ![Pine Hill Road lot: F - Photo 27](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f2990929782r.jpg) ![Pine Hill Road lot: F - Photo 28](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f1180772604r.jpg) ![Pine Hill Road lot: F - Photo 29](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f1547057460r.jpg) ![Pine Hill Road lot: F - Photo 30](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f1393307915r.jpg) ![Pine Hill Road lot: F - Photo 31](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f3321854469r.jpg) ![Pine Hill Road lot: F - Photo 32](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f4167433427r.jpg) ![Pine Hill Road lot: F - Photo 33](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f50815613r.jpg) ![Pine Hill Road lot: F - Photo 34](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f2679333969r.jpg) ![Pine Hill Road lot: F - Photo 35](http://lh.rdcpix.com/4d098a60b700628e768507c3e8fbda2cl-f2952239585r.jpg) --- **MLS#:** 4958531 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/pine-hill-road-lot-f-derby-vt-05829-bc1d6ecdac3b44a68e65c7b238fba6c6) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/pine-hill-road-lot-f-derby-vt-05829-bc1d6ecdac3b44a68e65c7b238fba6c6#listing", "url": "https://www.propertysimple.ai/listing/pine-hill-road-lot-f-derby-vt-05829-bc1d6ecdac3b44a68e65c7b238fba6c6", "name": "Pine Hill Road lot: F, Derby, VT 05829", "description": "This 41-acre parcel is strategically located between the City of Newport (27.6 acres) and the Town of Derby (13.2 acres), offering exceptional visibility and accessibility near the I-91 access road, Newport Country Club, Pine Hill Road, and Mt. Vernon Street. Currently zoned for commercial use, the property also presents significant potential for residential development, subject to necessary approvals and rezoning. Elevated portions of the land offer outstanding views of Lake Memphremagog, Jay Peak, Owls Head, and downtown Newport, creating a unique setting for a variety of development opportunities. Conceptual plans have demonstrated the potential for either a 7-lot commercial subdivision or a 13-lot residential subdivision. The property is located within the Foreign Trade Zone, which may provide advantages such as reduced import costs for qualifying businesses, and it may also be eligible for New Market Tax Credits. Furthermore, from a residential development perspective, this property might be well suited for Community Housing and Infrastructure Program (CHIP) funding which if approved can be used for infrastructure such as roads, power, water, sewer, stormwater, engineering and more. 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