Exclusive building lot opportunity with this very unique property that offers 7.37+/- acres within the City of Newport, access to Lake Memphremagog via Lakemont Beach Association and 800+/- ft of owned recreational trail frontage. Building site currently permitted for a 5 bedroom single family residence to be served by municipal water & sewer connections avail. at the street (potential for additional development sites if desired). This lot is mostly wooded and offers a sanctuary for that year round residence or vacation retreat that you've been dreaming of building. Access to the small common interest lakefront community that shares approx. 500' of exceptional beach frontage and 1.8+/- acres of land for recreational activities. The adjacent bike path offers public access to miles of recreational trails that lead to downtown Newport and to Canada along the easterly shores of the lake. The trails are groomed x-country ski trails in the winter by MSTF with membership access to miles of addition trails. All situated in one of the most desirable locations in Northern VT. Quiet wooded setting on a dead-end road, excellent wildlife watching, diverse dining minutes away, the convenience of city amenities and a three minute drive to regional health care facilities. If the local allure is not enough, world class destinations such as Jay Peak Resort (22 miles) Boston (220 miles) and Montreal (120 miles) are easy drives. Offering a unique blend of features that are hard to find.