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164 Panmure Island
Gaspereaux C0A 1R0

$690,000
Single Family beds: 3 baths: 2.0 built: 1942

Main Photo: 164 Panmure Island in Gaspereaux: Single Family for sale : MLS®# 202602578
Photo 1: 164 Panmure Island in Gaspereaux: Single Family for sale : MLS®# 202602578
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Status:
Active
Prop. Type:
Single Family
MLS® Num:
202602578
Bedrooms:
3
Bathrooms:
2
Year Built:
1942
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:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Finished Area Above Grade:
1,598 sq. ft.
Taxes:
$1,957 / 2025
Community:
Gaspereaux
Exterior Features:
Vinyl
Community Features:
School Bus, Recreational Facilities
Structure Type:
House
Appliances Included:
Washer, Refrigerator, Dishwasher, Oven, Dryer, Microwave
Bedrooms:
3
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
2.0
Half Bathrooms:
0
Fireplace:
Yes
Floor finish:
Hardwood, Laminate, Vinyl
Foundation:
Poured Concrete
Heating:
Baseboard heaters, Electric, Pellet, Wall Mounted Heat Pump
# Storeys:
1.5
Water:
Well
Sewer:
Septic System
Basement:
Crawl space
Lot Size:
10.8 acre(s)
Lot Details:
10.8
Lot Features:
Treed, Wooded area, Level
Parking:
Gravel
Floor
Type
Size
Other
Main level
Living room
23' × 13'5"
-
Main level
Kitchen
14' × 12'
-
Main level
Dining room
12' × 9'
-
Main level
Primary Bedroom
14' × 12'
-
Second level
Bedroom
14' × 7'5"
-
Second level
Bedroom
14' × 12'
-
Floor
Ensuite
Pieces
Other
Main level
No
-
7' x 12'
Second level
Yes
-
4'5" x 9'5"
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Listed by ROYAL LEPAGE PRINCE EDWARD REALTY
Data was last updated February 12, 2026 at 01:45 AM (UTC)
Carolyn Campbell
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.