$690,000
FOR SALE

Detached

Bedrooms: 2+1Bathrooms: 2

164 Panmure Island
Gaspereaux, PE C0A 1R0

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:47421)
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Listed By ROYAL LEPAGE PRINCE EDWARD REALTY
Data Provided By Prince Edward Island Real Estate Association
MLS® Listing Number 202602578
Last Updated Feb 25, 2026
Property Summary
Property Type Detached

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Community Gaspereaux
Price History

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Detailed Information
Bedrooms 2+1
Bathrooms 2
Amenities Nearby Golf Course, Park, Playground, Shopping
Community Features Recreational Facilities, School Bus
Features Treed, Wooded area, Level
Listing Contract Date 2026-02-11
Municipal ID 898353
Ownership Type Freehold
Property Type Single Family
Structures Deck, Shed
Transaction Type For sale
Building
Appliances Oven, Dishwasher, Dryer, Washer, Microwave, Refrigerator
Basement Type Crawl space
Constructed Date 1942
Construction Style (Attachment) Detached
Exterior Finish Vinyl
Fireplace Present Yes
Flooring Type Hardwood, Laminate, Vinyl
Foundation Type Poured Concrete
Heating Fuel Electric, Pellet
Heating Type Baseboard heaters, Wall Mounted Heat Pump
Stories Total 1.5
Total Finished Area 1598 sqft
Type House
Utility Water Well
Rooms
Room Level Dimensions Notes
Ensuite (# pieces 2-6)Second level4.5 X 9.5
BedroomSecond level7.5 X 14.
BedroomSecond level12. X 14.
Living roomMain level13.5 X 23.
KitchenMain level12. x 14.
Dining roomMain level9. X 12.
Laundry / BathMain level7. X 12.
Primary BedroomMain level12. X 14.
Parking Spaces
Name Spaces
Gravel
Land
Total Size 10.8 acres
Access Type Year-round access
Acreage Yes
Amenities Golf Course, Park, Playground, Shopping
Disposition Features Cleared
Landscape Features Landscaped
Sewer Septic System
Size of Irregular Land 10.8

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