164 Panmure Island Gaspereaux, PE C0A 1R0
Listing Courtesy of: PRINCE EDWARD ISLAND / Listed By: Royal Lepage Prince Edward Realty

  164 Panmure Island Gaspereaux, PE C0A 1R0

Active (198 Days)
$599,000 (CAD)
3
BED
2
BATH
1,598
SQFT

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 Marchal 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.

MLS®:
202602578
Taxes
$1,957(2025)
Lot Size
10.8 acres
Type
Single-Family Home
Year Built
1942
Style
Detached

Listed By

Austin Humphries, Royal Lepage Prince Edward Realty
Source
PRINCE EDWARD ISLAND
Last checked Aug 28 2026 at 7:43 AM EDT
Bathroom Details
  • Full Bathrooms: 2
Lot Information
  • Wooded/Treed
  • Cleared
  • Landscaped
  • Year Round Road
  • Level
Property Features
  • Foundation: Poured Concrete
Heating and Cooling
  • Baseboard
  • Heat Pump -Ductless
  • Fireplace
Basement Information
  • Full
  • Crawl Space
Flooring
  • Hardwood
  • Laminate
  • Vinyl
Exterior Features
  • Vinyl
  • Roof: Asphalt Shingle
Utility Information
  • Utilities: Cable, Electricity, High Speed Internet, Telephone
  • Sewer: Septic
  • Fuel: Electric, Pellet
Garage
  • None
Parking
  • Gravel
Stories
  • 2
Living Area
  • 1,598 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jun 08, 2026
Price Changed
$599,000
-9%
-$60,000
May 25, 2026
Price Changed
$659,000
-4%
-$31,000
Feb 11, 2026
Listed
$690,000
-
-
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Disclaimer: Copyright 2026 Prince Edward Island Real Estate Association. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/28/26 00:43