For Sale: 164 Panmure Island, Gaspereaux, PE

About this home

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:63626)

Listed by: Austin Humphries, ROYAL LEPAGE PRINCE EDWARD REALTY

Home facts and features

Price details

List Price

$599,000

Gross Taxes for 2025

$1,957

Home facts

Bedrooms

Full Bathrooms

Parking Details

Gravel

Property Type

House

Lot Size

10.8 acres

Depth

Year Built

Built in 1942 (84 yrs old)

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Baseboard heaters, Electric, Pellet, Wall Mounted Heat Pump

Basement Details

Crawl space

Features

Level, Treed, Wooded area

Appliances

Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer

Agent details

Primary Agent

Austin Humphries

Primary Broker

ROYAL LEPAGE PRINCE EDWARD REALTY

Listing details

Days on REW

121 Days

Property Views

MLS® Number

202602578

Source

Canadian Real Estate Association

Board

Prince Edward Island Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 163km

Port Elgin Regional School

n/a
K - 8
In Catchment

École Donat-Robichaud

n/a
K - 8
In Catchment

Tantramar Regional High School

n/a
9 - 12
In Catchment

Marshview Middle School

n/a
5 - 8
In Catchment

Sackville Christian Academy

n/a
K - 12
In Catchment

Salem Elementary School

n/a
K - 4
In Catchment

Polyvalente Louis-J.-Robichaud

n/a
9 - 12
In Catchment

École Mgr-François-Bourgeois

n/a
K - 8
In Catchment

Dorchester Consolidated School

n/a
K - 8
In Catchment

École Abbey-Landry

n/a
K - 8
In Catchment

164 Panmure IslandGaspereaux, PE, C0A 1R0