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27865641
27865654

Stonewall St, Newport, VT 05855

RP
VT VT 081-0063392, US 857000060
JIm Campbell Real Estate Newport
MT
VT 082.0135339
Listed by JIm Campbell Real Estate Newport
$1,500,000
219 days on market
Updated 30 days ago

Stonewall Subdivision

Details
Property Type Land, Mixed Use (+2)
Sub Type Residential
Lease Options n/a
Acreage 8.850

19 Lot Subdivision | Multifamily (up to 4) Allowed

Marketing 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 allow quadplexes on lots served by municipal water and sewer.

Investment highlights

  • 19 Lot Subdivision

  • Zoned to Allow Single Family, Duplex, Triplex, and Quadplex

    • Could get up to 76 units

  • 8.85 AC with Infrastructure in Place (paved roads, water, sewer, power, fire hydrants)

  • Great Location in Newport City

    • Close to elementary school, high school, hospital, golf course, recreation paths, etc

  • Surveys for Each Lot w/Pins

  • Public Water & Sewer (no septic required)

  • Street Names Pay Homage to former US Presidents and General Stonewall Jackson

Listing Contacts

RP
VT VT 081-0063392, US 857000060
JIm Campbell Real Estate Newport
MT
VT 082.0135339
Listed by JIm Campbell Real Estate Newport

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Additional Information

Name
Ryan Pronto
License
VT 081-0063392
Name
MyKayla Tanguay
License
082.0135339
Brokerage
Jim Campbell Real Estate
Brokerage Phone
802-334-3400
Title
Realtor® | Salesperson
Brokerage Address
601 East Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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