Primary photo of 164 Panmure Island, Gaspereaux
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House For Sale

$690,000

MLS® Number: 202602578

Bedrooms

3

Bathrooms

2

Land Size

10.8

Year Built

1942

164 Panmure Island, Gaspereaux, Prince Edward Island

About This Property

Welcome to 164 Panmure Island Road, a rare 10.78 acre coastal property just seconds from one of the most renowned white sand beaches on Prince Edward Island and Panmure Island Provincial Park. Positioned along a high visibility, high traffic route, this property offers lifestyle appeal, income potential, and long term investment value within walking distance of one of the provinces most sought after shorelines. The location provides steady seasonal traffic, exceptional exposure, and a coastal setting that continues to grow in demand. The home has been completely gutted and rebuilt with all new plumbing, electrical, insulation, flooring, kitchen, appliances, and interior finishes. Freshly painted and thoughtfully redesigned, it offers a clean, modern feel that is warm and functional, ideal as a full time residence, seasonal retreat, or as part of the on site business opportunity. An approved business plan is in place to operate a boutique winery, supported by a newly constructed 25 by 55 steel building with a 20 foot ceiling and capacity for a second level. Built with steel beams and six foot screw in concrete pillars, this commercial grade structure was designed for production, tastings, retail sales, and events. Over three acres are planted in productive vineyard with approximately $100,000 invested in Maréchal Foch, Marquette, LAcadie Blanc, Muscat, Petite Pearl, and Cayuga White. A new $30,000 septic system supports commercial use and future growth. The property also includes open hay fields, a barn, animal enclosures, and a wood shed. With privacy, acreage, strong visibility, and room for parking expansion, this is a rare opportunity to combine coastal living, agriculture, and entrepreneurship in one setting. Some photos have been virtually staged.

Property Details

Interior Details

Appliances

Washer, Refrigerator, Dishwasher, Oven, Dryer, Microwave

Basement

Crawl space

Bathrooms Partial

0

Bathrooms Total

2

Bedrooms Total

3

Fireplace

True

Flooring

Hardwood, Laminate, Vinyl

Heating

Baseboard heaters, Electric, Pellet, Wall Mounted Heat Pump

Building & Exterior

Exterior Features

Vinyl

Foundation Details

Poured Concrete

Parking Features

Gravel

Stories

1.5

Year Built

1942

Land & Location

City Region

Gaspereaux

Community Features

School Bus, Recreational Facilities

Lot Features

Treed, Wooded area, Level

Lot Size Area

10.8 acres

Lot Size Dimensions

10.8

Parcel Number

898353

Postal Code

C0A1R0

Listing & Financials

Listing Office

ROYAL LEPAGE PRINCE EDWARD REALTY

Originating System Name

Prince Edward Island Real Estate Association

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($138,000)
5.5%
25 Years

Estimated Monthly Payment

$3,390

Principal and interest only. Actual rates may vary.

Location & Map

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