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:4069)
Address
164 Panmure Island
List Price
$690,000
Property Type
Single Family
Type of Dwelling
Single Family
Transaction Type
Sale
Area
Prince Edward Island
Sub-Area
Gaspereaux
Bedrooms
3
Bathrooms
2
Floor Area
1,598 Sq. Ft.
Lot Size
10.8 Sq. Ft.
Year Built
1942
MLS® Number
202602578
Listing Brokerage
ROYAL LEPAGE PRINCE EDWARD REALTY
Basement Area
Crawl space
Postal Code
C0A1R0
Site Influences
Golf Course, Park, Playground, Shopping
Features
Treed, Wooded area, Level
