Yes, with two things to plan around. Water is easy here, with about 48 inches of rain a year and wells near 60 feet. The growing season is about 131 frost-free days and winter sun is weak, so plan on a greenhouse and a bigger battery bank or a generator. Septic will likely cost more, because rock or a hard layer sits about 21 inches down.
What the land says
Rain
Rain can supply much of a household's water with a large tank. A garden mostly waters itself in normal years.
About 48 inches a year (PRISM, 1991 to 2020 average)
Wells
Shallow wells, so drilling should be one of the cheaper costs.
The typical well here is about 60 feet deep; a well typically runs $5,000 to $10,000
Growing season
Short. Start seeds indoors and favor cold-hardy crops.
About 131 frost-free days, USDA zone 4b; last frost about May 18, first about September 27
Sun
Fair sun. Plan a larger array or a generator for winter.
About 4.2 hours of full sun a day, averaged over the year
Flood
Flood zones are rare here. Still, look up the parcel on FEMA's flood map.
FEMA maps no flood zones nearby
Wildfire
Low wildfire risk.
U.S. Forest Service wildfire hazard map: Very Low here
Storms
Hurricanes and strong tornadoes are rare here.
NOAA: no hurricane-strength storm within 50 miles since 1975; no strong (EF2 or stronger) tornado within 25 miles since 1990
Terrain
Rolling ground. Look for a flat house site.
Slopes average about 13%, about 1,490 feet above sea level
Soil
Expect a costlier septic system, because rock or a hard layer sits about 21 inches down. The county's soil test decides.
Loam, poorly drained (USDA soil survey). A mound, sand filter, or treatment unit typically runs $10,000 to $20,000
Road
Paved roads are close by.
Nearest paved road usually within about 0.4 miles (OpenStreetMap)
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Is it legal here?
Zoning
Set by the town, not the county. The rules depend on which town the parcel is in.
Building code
Vermont has no statewide building code for an owner-occupied single-family home (the state code covers public buildings and rentals), though a town may adopt its own, so ask the town. New homes must meet the state residential energy code unless the owner builds to live in it and discloses any shortfall to a later buyer.
Rainwater
Collecting it is allowed.
Composting toilets
Allowed.
Water rights
Owners of land along a creek or lake can make reasonable use of its water.