GRASONVILLE
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 SINCE JAN 1 2020 to jan 1 2025
AVERAGE SALES PRICE
AVERAGE NUMBER OF ANNUAL SALES
AVERAGE LIST TO SALES PRICE RATIO
AVERAGE DAYS ON MARKET
AVERAGE PRICE PER SQUARE FOOT
AVERAGE BEDROOMS
AVERAGE BATHROOMS
$672,500 - $3,767,500
21
97.1%
51
$258.16
4
3
Highlights
lifestyle
community association
community amenities
GOLF, WATER ACCESS, SUBURBAN
MANDATORY
MARINA(S), CLUBHOUSE, COMMUNITY POOL(S), GOLF COURSE, LAKE, TENNIS AND PICKLEBALL COURTS, TOT LOT(S), BASKETBALL COURT
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
Related Market Reports
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2077 Somerville Rd
suite 200
Annapolis, MD 21401
