
House For Sale
$690,000
MLS® Number: 202602578
Bedrooms
3
Bathrooms
2
Land Size
10.8
Year Built
1942
House For Sale
$690,000
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
Listed By
ROYAL LEPAGE PRINCE EDWARD REALTY
Mortgage Calculator
Estimated Monthly Payment
$3,390
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$3,390
Principal and interest only. Actual rates may vary.