Property Description for 164 Panmure Island
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:38686)
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Property Details
Property Tax
: $1,957 (2025)MLS® #
: 202602578
Home Features
Property Type
: Single FamilySquare Footage
: 1,598 SQFT
Room Details
Partial Bathroom
: 0
Interior Features
Heating
: Baseboard heaters, Electric, Pellet, Wall Mounted Heat PumpFireplace
: YesBasement
: Crawl spaceFlooring
: Hardwood, Laminate, Vinyl
Exterior Features
Acreage
: 10.80
Utilities
Sewer
: Septic System
Other
Parking Features
: GravelExterior Features
: Vinyl
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