0 Stonewall Street, Newport City, VT, 05855 | $1,500,000

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 permit up to four-plexes on lots served by municipal water and sewer.

Features

  • Zoning: Yes - Newport City
  • Lot Desc: In Town,Near Paths,Near Hospital,Near School(s)
  • Elem. School: Newport City Elementary
  • Middle School: North Country Junior High
  • High School: North Country Union High Sch
  • School District: North Country Supervisory Union
  • MLS#: 5066741
  • Website: https://www.raveis.com
    /prop/5066741/0stonewallstreet_newportcity_vt?source=qrflyer
©2025 New England Real Estate Network, 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 PrimMLS. 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. Data last updated 12/5/2025
Listing courtesy of Jim Campbell Real Estate   Phone: 802-334-3400
Listing Agent: MyKayla Tanguay

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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617.320.5687

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Our Insurance Division:

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0 Stonewall Street, Newport City, VT, 05855

$1,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,200,000 $1,200,000 $1,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.125% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.246% 6.110% 5.952%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,534 $7,195 $9,965
Total Monthly Payment $6,659 $7,320 $10,090

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.