164 Panmure Island, Gaspereaux, Prince Edward Island

$595,000

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3

Beds

2

Baths

10.80

Acres

About 164 Panmure Island

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. (id:36535)

Features of 164 Panmure Island

Listing # 202602578
Price $595,000
Bedrooms 3
Bathrooms 2.00
Acres 10.80
Year Built 1942
Type Single Family
Sub-Type Freehold

Community Information

Address 164 Panmure Island
Subdivision Gaspereaux
City Gaspereaux
Province Prince Edward Island
Postal Code C0A1R0

Amenities

Amenities Golf Course, Park, Playground, Shopping
Features Treed, Wooded area, Level
Parking Gravel
Is Waterfront No
Has Pool No

Interior

Appliances Oven, Dishwasher, Dryer, Washer, Microwave, Refrigerator
Heating Electric, Pellet Baseboard heaters, Wall Mounted Heat Pump
Fireplace Yes
# of Stories 2
Has Basement Yes
Basement Type Crawl space

Exterior

Exterior Vinyl
Exterior Features Landscaped
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of ROYAL LEPAGE PRINCE EDWARD REALTY

Listing Map