Housecats Co.

Prospect Bay

A charming residential community located in Grasonville.

Community Profile

Life in Prospect Bay

Welcome to Prospect Bay

Prospect Bay is a charming residential community located in Grasonville, MD, on Kent Island. Known for its picturesque landscapes and serene environment, this community offers a blend of waterfront living and suburban convenience. Prospect Bay features a variety of homes, including single-family residences and townhomes, making it an attractive choice for families, retirees, and those seeking a peaceful lifestyle close to the Chesapeake Bay. The community's strong sense of camaraderie and involvement fosters a welcoming atmosphere for residents.

By the Numbers

Data based on information from Jan 1, 2020 to Jan 1, 2025
  • Average Sales Price: $672,500 - $3,767,500
  • Average Number of Annual Sales: 21
  • Average List-to-Sale Price Ratio: 97.1%
  • Average Days on Market: 51
  • Average Price Per Square Foot: $258.16
  • Average Bedrooms: 4
  • Average Bathrooms: 3

Highlights

  • Lifestyle: Golf, Water Access, Suburban
  • Community Association: Mandatory
  • Community Amenities: Marina(s), Clubhouse, Community Pool(s), Golf course, Lake, Tennis and Pickleball Courts, Tot Lot(s), Basketball Court

Visit the Community Website

Aerial view of Prospect Bay with marinas, a bridge, boats, and marshland.

About the Area

Regional Background

The Eastern Shore is characterized by waterfront towns, agricultural landscapes, and a slower, more intentional pace of life. Buyers are often motivated by lifestyle considerations, privacy, and long-term ownership, including second-home purchasers and those seeking an alternative to more densely populated markets. Real estate activity in the region reflects a strong connection to place and a preference for quality over speed.

Lifestyle Pillars

Waterfront, Second-Home, Historic towns, Agriculture, Quiet luxury

Current Opportunities

Property Listings

Filter neighborhood properties

CONTACT the HOUSECATS company

Let's Work Together

Whether you are preparing to sell, searching for a home or simply trying to understand what comes next, tell us what you are working through. We will help identify the clearest path forward.