$595,000
 $3,194 est/mo Sourced by Back At You

164 Panmure Island,Gaspereaux, PE C0A1R0

Gaspereaux, PE C0A1R0

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Description

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:374)

Details

MLS #202602578
Listing TypeFor Sale
StyleHouse
StatusActive
Year1942
Days On Site272
Listing Provided ByROYAL LEPAGE PRINCE EDWARD REALTY | Austin Humphries

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,598
BasementY
Story(s)1
Acreage10.80

Interior

HeatingBaseboard heaters, Electric, Pellet, Wall Mounted Heat Pump
AppliancesWasher, Refrigerator, Dishwasher, Oven, Dryer, Microwave
Fireplace Yes / NoYes

Exterior

Lot FeaturesTreed, Wooded area, Level
Foundation DetailsPoured Concrete

Parking

Parking FeaturesGravel

Utilities

SewerSeptic System
Water SourceWell

Taxes

Tax Annual Amount1957
Tax Year2025

Area Information

ProvincePE
CityGaspereaux
Postal CodeC0A1R0
Listing VS Median (in C0A1R0)
Price:
$595,000
low | high
Med:
$384,900
85.310924369748% of Average
sqft:
1,598
low | high
Med:
1,784
38.360450563204% of Average
$ / sqft:
$372
low | high
Med:
$216
92.024668141593% of Average
On site:
272
low | high
Med:
118
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvincePE
CityGaspereaux
Postal CodeC0A1R0
Listing VS Median (in C0A1R0)
Price:
$595,000
low | high
Med:
$384,900
85.310924369748% of Average
sqft:
1,598
low | high
Med:
1,784
38.360450563204% of Average
$ / sqft:
$372
low | high
Med:
$216
92.024668141593% of Average
On site:
272
low | high
Med:
118
100% of Average
Sourced by Back At You
Listing Updated: October 8, 2026 at 7:19:23 AM PDT