
42 Prospect Bay Dr W Grasonville, MD 21638
Estimated payment $5,182/month
Highlights
- Marina
- Seaplane Permitted
- Golf Club
- Grasonville Elementary School Rated A-
- Boat Ramp
- Home fronts navigable water
About This Home
Live the dream of country club and coastal life in this expanded and open 4-bedroom, 2-bath rancher, available immediately in the coveted Prospect Bay community. Situated on a spacious 1+ acre lot, this home offers stunning water views of Prospect Bay out of the front yard and 18 hole Golf Course from your expansive backyard, encompassing multiple tees and greens.
Enjoy luxurious, one-level living with a focus on open concept design, highlighted by reclaimed hardwood floors, crown molding, wainscoting, and two wood-burning fireplaces that add warmth and charm. Extensive renovations have created a truly peaceful and inviting atmosphere.
The gourmet kitchen features new appliances, custom storage, beautiful cherry cabinets, and granite countertops. A generous 9 ft x 4 ft island is perfect for entertaining, complemented by a detached wet bar and cabinets in the family room, complete with a built-in wine fridge.
The office, which can also serve as a fourth bedroom, boasts French doors and offers ample natural light, framing breathtaking sunsets over Prospect Bay. Four double sliding doors seamlessly connect the family room, kitchen, and primary bedroom to a beautiful courtyard deck, ideal for indoor-outdoor living.
Indulge in tranquility within the primary bathroom, adorned with a hand-painted mural that depicts the natural beauty of the Eastern Shore. New expanded paved driveway with attached two-car garage is epoxied for a sleek, shiny, and durable finish, including overhead storage and a convenient golf cart parking bump-out. Custom indoor and outdoor lighting enhances the home's ambiance both day and night.
This incredible resort community offers an array of amenities to enhance your lifestyle, including outdoor sports courts, a marina, clubhouse, beach, golf simulator room, a restaurant with a bar, swimming pool, driving range, putting greens, chipping greens. Open your windows and let the sounds of nature welcome you to your new home today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,778
Year Built
- Built in 1983
Lot Details
- 1.11 Acre Lot
- Home fronts navigable water
- Open Space
- Electric Fence
- Back and Front Yard
- Property is zoned NC-1
HOA Fees
- $555 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- 6 Driveway Spaces
- Oversized Parking
- Parking Storage or Cabinetry
- Side Facing Garage
- Garage Door Opener
Property Views
- Bay
- Golf Course
Home Design
- Raised Ranch Architecture
- Block Foundation
- Frame Construction
- Architectural Shingle Roof
- Chimney Cap
Interior Spaces
- 2,580 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Wet Bar
- Bar
- Chair Railings
- Crown Molding
- Wainscoting
- Ceiling Fan
- Recessed Lighting
- 2 Fireplaces
- Corner Fireplace
- Stone Fireplace
- Brick Fireplace
- Sliding Windows
- Casement Windows
- Window Screens
- Family Room
- Crawl Space
Kitchen
- Eat-In Kitchen
- Built-In Self-Cleaning Oven
- Electric Oven or Range
- Cooktop
- Built-In Microwave
- ENERGY STAR Qualified Freezer
- ENERGY STAR Qualified Refrigerator
- ENERGY STAR Qualified Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Wine Rack
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
- Hydromassage or Jetted Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Electric Front Loading Dryer
- ENERGY STAR Qualified Washer
Home Security
- Fire and Smoke Detector
- Flood Lights
Accessible Home Design
- Doors are 32 inches wide or more
Outdoor Features
- Seaplane Permitted
- Canoe or Kayak Water Access
- Private Water Access
- Property near a bay
- Waterski or Wakeboard
- Sail
- Powered Boats Permitted
- Lake Privileges
- Exterior Lighting
- Rain Gutters
Utilities
- Central Air
- Heat Pump System
- Vented Exhaust Fan
- Electric Water Heater
Listing and Financial Details
- Tax Lot 166
- Assessor Parcel Number 1805029244
Community Details
Overview
- $50 Other Monthly Fees
- $5,000 Capital Contribution Fee
- Prospect Bay HOA
- Prospect Bay Subdivision
Amenities
- Picnic Area
- Common Area
- Clubhouse
- Game Room
- Meeting Room
- Party Room
- Community Dining Room
- Bar or Lounge
Recreation
- Boat Ramp
- Boat Dock
- Pier or Dock
- 30 Community Docks
- Marina
- Beach
- Golf Club
- Golf Course Community
- Tennis Courts
- Community Basketball Court
- Community Playground
- Fitness Center
- Lap or Exercise Community Pool
- Fishing Allowed
- Putting Green
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $4,119 | $507,200 | $251,100 | $256,100 |
2023 | $3,899 | $461,833 | $0 | $0 |
2022 | $3,691 | $416,467 | $0 | $0 |
2021 | $3,559 | $371,100 | $156,100 | $215,000 |
2020 | $3,559 | $371,100 | $156,100 | $215,000 |
2019 | $3,559 | $371,100 | $156,100 | $215,000 |
2018 | $3,828 | $399,100 | $146,100 | $253,000 |
2017 | $3,806 | $396,867 | $0 | $0 |
2016 | -- | $394,633 | $0 | $0 |
2015 | $2,003 | $392,400 | $0 | $0 |
2014 | $2,003 | $392,400 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/30/2025 07/30/25 | Price Changed | $765,750 | +0.8% | $297 / Sq Ft |
07/21/2025 07/21/25 | Price Changed | $759,750 | +4.8% | $294 / Sq Ft |
07/14/2025 07/14/25 | Price Changed | $724,900 | -3.3% | $281 / Sq Ft |
05/30/2025 05/30/25 | Price Changed | $749,900 | -5.1% | $291 / Sq Ft |
05/14/2025 05/14/25 | Price Changed | $789,900 | -1.3% | $306 / Sq Ft |
05/03/2025 05/03/25 | Price Changed | $799,900 | -3.0% | $310 / Sq Ft |
04/26/2025 04/26/25 | Price Changed | $824,950 | -1.5% | $320 / Sq Ft |
04/12/2025 04/12/25 | For Sale | $837,750 | 0.0% | $325 / Sq Ft |
04/07/2025 04/07/25 | Pending | -- | -- | -- |
04/04/2025 04/04/25 | For Sale | $837,750 | -- | $325 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $375,000 | -- | |
Deed | $230,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $352,000 | Stand Alone Second | |
Closed | $260,000 | New Conventional |
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Source: Bright MLS
MLS Number: MDQA2012786

APN: 05-029244
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