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

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
4 PROSPECT BAY DRIVE W
For Sale MLS® MDQA2018022

4 PROSPECT BAY DRIVE W

GRASONVILLE, MD 21638

$1,250,000

5 BD 3 BA 3,757 Sq.Ft.
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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.
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Contact Details

The HOUSECATS COMPANY
Phone: (410) 991-1382
Email: [email protected]
COMPASS REAL ESTATE
Phone: (410) 429-7425
Address 2077 SOMERVILLE RD, SUITE 200, Annapolis, MD 21401

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