Here is a wonderful opportunity to take over a pre-existing... |
| Ad # 3390924 |
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| $575,000 For Sale |
| MLS # 4940081 |
0 Pepin Drive |
| Newport, Vermont 05855 |
| Orleans |
Golf Course:
Newport Country Club |
| Type Acreage |
| Beds 0 |
| Baths 0.0 |
| Sq Feet 0 |
| Year Built 0 |
| Acres 18.600 |
Lot Dimensions
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| On Golf Course? |
| Golf View? No |
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Here is a wonderful opportunity to take over a pre-existing development. - Mount Vernon Estates is permitted for 48 units with 6 being completed and sold leaving 42 units to be developed. - This site offers gorgeous westerly views of Lake Memphremagog, Downtown Newport, Jay Peak & Owls Head. - It is an exceptional location being less than 1 mile to the Lake, Downtown Newport, Gardner Park, the Newport Country Club and so much more. - The development has infrastructure in place including a town maintained paved road, public water & sewer, underground power, telephone and cable, and stormwater systems. - Land Use & Water & Waste Water Permits are on file as are the all of the condo documents. - Land is held in Common as part of the association. - Property has frontage on Mt. Vernon, Pepin Drive, Fern St, Richards Drive, Weaver St, and the Glen Road. - Road frontage listed is estimated. - Sellers are willing to consider seller financing to qualified individuals. - At $575K and 42 units remaining, you are looking at a purchase price under $14K per unit. - Opportunities such as this are few and far between! |
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| Roof: |
Unknown |
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| Property Taxes: |
2,315 |
| Community:
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Mount Vernon Estates |
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| Ad Statistics: |
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| Ad Number: |
3390924 |
| Viewed: |
21 times |
| Added on: |
Jun 23, 2023 |
| Updated on: |
Jun 23, 2023 |
| | Property courtesy of LHUB |
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